Global Market Size of Automotive Plastics Market – 10 Year Market Forecast
Advanced MaterialsAutomotive Plastics Market Size Forecast 2022-2029
Automotive Plastics is estimated to have a market value of USD 43.14 Billion in the year 2022 and is expected to reach to USD 102.22 Billion by the year 2029, giving a CAGR of 13%. Adoption of lightweight materials due to strict emission and fuel economy regulations could drive this market towards growth. However, COVID-19 is slowing down sales of passenger cars which could hamper this growth.
Automotive Plastics Market Size of United States
Automotive Plastics Market Analysis of United Kingdom
Automotive Plastics Market Trends of Germany
Automotive Plastics Market Forecast of France
Automotive Plastics Market Growth of Italy
Market Size of Automotive Plastics in Poland
Market Analysis of Automotive Plastics in Switzerland
Market Trends of Automotive Plastics in Sweden
Market Forecast of Automotive Plastics in Spain
Market Growth of Automotive Plastics Netherland
Belgium Automotive Plastics Market
Finland Automotive Plastics Market
Japan Automotive Plastics Market
South Korea Automotive Plastics Market
China Automotive Plastics Market
Automotive Plastics Market Size of Russia
Automotive Plastics Market Analysis of Malaysia
Automotive Plastics Market Trends of Singapore
Automotive Plastics Market Forecast of India
Automotive Plastics Market Growth of Brazil
Market segments - Automotive Plastics Market
By Product Type
– Polypropylene
– Polyurethane
– Polyvinyl Chloride
– ABS
– Polyamide
– LPDE
– HPDE
– Polycarbonates
– PBT
– Others
By Region
– North America
– Europe
– APAC
– Middle East
– ROW
By Application
– Interior
– Exterior
– Under Bonnet
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- Global Market Database is a cloud based market research and intelligence tool that provides up to date market information about 600+ markets.
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What is a major driver for the growth of this market?
- Adoption of lightweight materials due to strict emission and fuel economy regulations is a major driver for the growth of this market.
-
What is a restraint in the growth of this market?
- COVID-19 is slowing down sales of passenger cars which is a restraint in the growth of this market.
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What is an opportunity for the growth of this market?
- Growing trend of vehicle electrification is an opportunity for the growth of this market.
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What is a challenge for the growth of this market?
- High cost of capital and infrastructure for re-engineering of plastics is a challenge for the growth of this market.
Release date
Jul 2022
Region
Global
Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.
Supplementary notes
The regions covered are North America, Europe, APAC & ROW.
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