Global Automotive Plastics Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Automotive Plastics Market: By Product Type (Acrylonitrile Butadiene Styrene (ABS), Polyethylene (High-density polyethylene (HDPE ) and Low-density polyethylene (LDPE)), Polybutylene terephthalate (PbT), Polymethyl Methacrylate (PMMA), Polyamide (PA), Polycarbonate (PC), Polypropylene (PP), Polyurethane (PU), Polyvinyl Chloride (PVC) and Others (PET, and ASA)), By Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles), By Application (Powertrain, Electrical Components, Interior Furnishings, Exterior Furnishings, Under The Hood Components and Chassis) and Geography.

 

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Report

Description

The global automotive plastics market size valued USD 29.22 billion in 2021 and poised to grow at significant CAGR nearly 9.8% over 2022-2028. Due to the increase in the economic conditions rising in automobile user’s population across the globe. Additionally, replacing traditionally used materials with highly advanced plastics for automobile manufacturing to enhance the features such as less weight, more appeal and to increase the fuel efficiency. Moreover, technological advancement for new innovations and techniques for development of specialized materials for will boosts the growth of the market. However, high cost of raw materials, non-degradable nature and the concerns related with environmental pollution due to the toxicity released during the manufacturing process are the major factors that hinder the growth of the market. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global automotive plastics market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global automotive plastics products. Global automotive plastics market is surging owing to frequent acquisitions and launchings by the market players. In June 2018, Magna International Inc., acquired OLSA S.p.A. (Italy) this acquisition will help the company to enhance and boost its lighting business solutions worldwide.

Automotive Plastics Market

MARKET SUMMARY
-
9.8% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 9.8%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Automotive Plastics Market

  • The global automotive plastics market report gives comprehensive outlook on automotive plastics across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report gives historical, current, and future market sizes (US$ Mn) on the basis of by process, technologies, chemicals type, instrumentation type, equipment type, product category, application and region.
Market Key Players
  • AkzoNobel N.V.
  • BASF SE
  • Bayer MaterialScience AG
  • Evonik Industries
  • Grupo Antolin-Irausa S.A.
  • Johnson Controls
Drivers And Restraints

Automotive Plastics Market

Rising economic standards and changing in the lifestyle, increasing in the huge number of vehicle user. Key Manufacturers are concentrating to develop and manufacture high-performance automobile and components thus conventionally used materials such as metals, glass and ceramic are replaced with high standard plastics. These plastics have superior properties such as versatility, durability and flexibility have fostered innovations in terms of technologies and designs of the automobiles. Growing demand for various automobile furnishing product such as light panels & displays, steering wheels, fascia systems, and seat covers. Owing to ideal insulation properties & rising safety concerns also accelerate market growth. Additionally, they find extensive usage in interior automotive components such as headliners, load floors, rear package shelves and seat bases. Moreover, rising disposable income, technological advancement and rising demand will fuel trhe market growth during the forecast period.


Asia Pacific got significant share

Automotive Plastics Market

Asia Pacific accounted for larger revenue share in global automotive plastics market with considerable CAGR. The growth in this region, especially in emerging economies such as India and China can be attributed to rising in the usage automobiles due to increasing manufacturing industries. European market dominates by advanced innovations and renovations systems. In North America automotive plastics is largely driven by the urbanizations, and skilled manpower, increase in disposable incomes. European region is expected to dominate the market growth due to ecumenically developed countries such as Germany.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Key

Findings of the Report

Segmentation

Automotive Plastics Market


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

. Executive Summary

  1. Global Automotive Plastics Market Introduction
    • Global Automotive Plastics Market – Taxonomy
    • Global Automotive Plastics Market –Definitions
      • By Product Type
      • By Vehicle Type
      • By Application Type
  1. Global Automotive Plastics Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Automotive Plastics Market Dynamic Factors – Impact Analysis
    • Global Automotive Plastics Market – Competition Landscape
  2. Global Automotive Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Automotive Plastics Market, By Product Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Acrylonitrile Butadiene Styrene (ABS)
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polyethylene
      • High-density polyethylene (HDPE )
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Low-density polyethylene (LDPE)
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polybutylene terephthalate (PbT)
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polymethyl Methacrylate (PMMA)
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polyamide (PA)
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polycarbonate (PC)
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polypropylene (PP)
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polyurethane (PU)
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polyvinyl Chloride (PVC)
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Others (PET, and ASA)
        • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
  1. Global Automotive Plastics Market, By Vehicle Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Passenger Cars
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Light Commercial Vehicles
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Heavy Commercial Vehicles
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Automotive Plastics Market, By Application, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Powertrain
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electrical Components
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Interior Furnishings
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Exterior Furnishings
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Under The Hood Components
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Chassis
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Automotive Plastics Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Automotive Plastics Market – Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Region, 2020 – 2026
  2. North America Automotive Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Acrylonitrile Butadiene Styrene (ABS)
      • Polyethylene
        • High-density polyethylene (HDPE )
        • Low-density polyethylene (LDPE)
      • Polybutylene terephthalate (PbT)
      • Polymethyl Methacrylate (PMMA)
      • Polyamide (PA)
      • Polycarbonate (PC)
      • Polypropylene (PP)
      • Polyurethane (PU)
      • Polyvinyl Chloride (PVC)
      • Others (PET, and ASA)
    • By Vehicle Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Powertrain
      • Electrical Components
      • Interior Furnishings
      • Exterior Furnishings
      • Under The Hood Components
      • Chassis
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • S.
      • Canada
    • North America Automotive Plastics Market – Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Country, 2020 – 2026
    • North America Automotive Plastics Market Dynamics – Trends
  3. Europe Automotive Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Acrylonitrile Butadiene Styrene (ABS)
      • Polyethylene
        • High-density polyethylene (HDPE )
        • Low-density polyethylene (LDPE)
      • Polybutylene terephthalate (PbT)
      • Polymethyl Methacrylate (PMMA)
      • Polyamide (PA)
      • Polycarbonate (PC)
      • Polypropylene (PP)
      • Polyurethane (PU)
      • Polyvinyl Chloride (PVC)
      • Others (PET, and ASA)
    • By Vehicle Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Powertrain
      • Electrical Components
      • Interior Furnishings
      • Exterior Furnishings
      • Under The Hood Components
      • Chassis
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Automotive Plastics Market – Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Country, 2020 – 2026
    • Europe Automotive Plastics Market Dynamics – Trends
  4. Asia-Pacific Automotive Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Acrylonitrile Butadiene Styrene (ABS)
      • Polyethylene
        • High-density polyethylene (HDPE )
        • Low-density polyethylene (LDPE)
      • Polybutylene terephthalate (PbT)
      • Polymethyl Methacrylate (PMMA)
      • Polyamide (PA)
      • Polycarbonate (PC)
      • Polypropylene (PP)
      • Polyurethane (PU)
      • Polyvinyl Chloride (PVC)
      • Others (PET, and ASA)
    • By Vehicle Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Powertrain
      • Electrical Components
      • Interior Furnishings
      • Exterior Furnishings
      • Under The Hood Components
      • Chassis
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Automotive Plastics Market – Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Country, 2020 – 2026
    • Asia-Pacific Automotive Plastics Market Dynamics – Trends
  5. Latin America Automotive Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Acrylonitrile Butadiene Styrene (ABS)
      • Polyethylene
        • High-density polyethylene (HDPE )
        • Low-density polyethylene (LDPE)
      • Polybutylene terephthalate (PbT)
      • Polymethyl Methacrylate (PMMA)
      • Polyamide (PA)
      • Polycarbonate (PC)
      • Polypropylene (PP)
      • Polyurethane (PU)
      • Polyvinyl Chloride (PVC)
      • Others (PET, and ASA)
    • By Vehicle Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Powertrain
      • Electrical Components
      • Interior Furnishings
      • Exterior Furnishings
      • Under The Hood Components
      • Chassis
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Automotive Plastics Market – Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Country, 2020 – 2026
    • Latin America Automotive Plastics Market Dynamics – Trends
  6. Middle East and Africa Automotive Plastics Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • By Product Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Acrylonitrile Butadiene Styrene (ABS)
      • Polyethylene
        • High-density polyethylene (HDPE )
        • Low-density polyethylene (LDPE)
      • Polybutylene terephthalate (PbT)
      • Polymethyl Methacrylate (PMMA)
      • Polyamide (PA)
      • Polycarbonate (PC)
      • Polypropylene (PP)
      • Polyurethane (PU)
      • Polyvinyl Chloride (PVC)
      • Others (PET, and ASA)
    • By Vehicle Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
    • Application Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Powertrain
      • Electrical Components
      • Interior Furnishings
      • Exterior Furnishings
      • Under The Hood Components
      • Chassis
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Automotive Plastics Market – Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Country, 2020 – 2026
    • MEA Automotive Plastics Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • AkzoNobel N.V.
      • BASF SE
      • Bayer MaterialScience AG
      • Evonik Industries
      • Grupo Antolin-Irausa S.A.
      • Johnson Controls
      • Lear Corporation
      • Lyondellbassell
      • Magna International Incorporated
      • Momentive Performance Materials Inc.
      • Owens Corning Corporation
      • Royal DSM N.V.
      • SABIC
      • Teijin limited
      • The Dow Chemical Company
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • AkzoNobel N.V.
  • BASF SE
  • Bayer MaterialScience AG
  • Evonik Industries
  • Grupo Antolin-Irausa S.A.
  • Johnson Controls
  • Lear Corporation
  • Lyondellbassell
  • Magna International Incorporated
  • Momentive Performance Materials Inc.
  • Owens Corning Corporation
  • Royal DSM N.V.
  • SABIC
  • Teijin limited
  • The Dow Chemical Company

Description

The global automotive plastics market size valued USD 29.22 billion in 2021 and poised to grow at significant CAGR nearly 9.8% over 2022-2028. Due to the increase in the economic conditions rising in automobile user’s population across the globe. Additionally, replacing traditionally used materials with highly advanced plastics for automobile manufacturing to enhance the features such as less weight, more appeal and to increase the fuel efficiency. Moreover, technological advancement for new innovations and techniques for development of specialized materials for will boosts the growth of the market. However, high cost of raw materials, non-degradable nature and the concerns related with environmental pollution due to the toxicity released during the manufacturing process are the major factors that hinder the growth of the market. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global automotive plastics market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global automotive plastics products. Global automotive plastics market is surging owing to frequent acquisitions and launchings by the market players. In June 2018, Magna International Inc., acquired OLSA S.p.A. (Italy) this acquisition will help the company to enhance and boost its lighting business solutions worldwide.

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