Automotive Plastic Additives Market To Boom In Near Future By 2027

MARKET INTRODUCTION

The continuous improvements in the quality and performance of various plastic additives are expected to drive the adoption of plastic additives in the automotive industry. The increasing demand for lightweight materials to reduce the weight and to enhance the performance of various types of vehicles is also anticipate to fuel the demand. In addition to this, the growing concerns of environmental protection, the governments of various countries are supporting the development of electric vehicles worldwide. The growing interest and investments in electric vehicles is anticipated to drive the growth of automotive plastic additives market during the forecast period of 2019 to 2027.

MARKET DYNAMICS

The automotive plastic additives market is anticipated to grow in the forecast period owing to the increasing advancements in vehicle design to improve performance and fuel efficiency. In addition to this, the growing need to reduce production costs and increase commuter safety are also some of the factors that are expected to drive the automotive plastic additives market in the coming years. However, the effect of plastic additives on health could affect the growth of automotive plastic additives market during the forecast period of 2019 to 2027. On the other hand, the rising trend of 3D printing and electric vehicles worldwide is expected to offer ample growth opportunities for the global automotive plastic additives market in the coming years.

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Leading Automotive Plastic Additives Market to 2027 Players:

  • Akzo Nobel N.V.
  • BASF SE
  • Clariant
  • Covestro AG
  • Dow
  • Evonik Industries AG
  • KANEKA CORPORATION
  • LANXESS
  • SABIC
  • Solvay

MARKET SCOPE

The "Global Automotive Plastic Additives Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of automotive plastic additives market with detailed market segmentation by additive type, plastic type, application, vehicle type, and geography. The global automotive plastic additives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive plastic additives market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global automotive plastic additives market is segmented on the basis of by additive type, plastic type, application, vehicle type, and geography. By additive type, the market is segmented into plasticizers, anti-scratch, stabilizers, antioxidants, and others. Based on plastic type, the market is segmented into Polypropylene (PP), Polyurethane (PUR), Poly-Vinyl-Chloride (PVC), and Acrylonitrile Butadiene Styrene (ABS). On the basis of application, the market is segmented into exterior, interior, under the hood, and electronics & electrical. On the basis of vehicle type, the market is segmented into passenger vehicle and commercial vehicle.

The report Automotive Plastic Additives Market 2027 gives varied description about the segmentation of the market on the basis of segmented Dosage, Route of Administration and Application, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Typhoid Vaccines market.

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Key Benefits

  • This report provides a detailed study of market trends and forecast to 2027, which assist to identify the prevailing market opportunities.
  • In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way.
  • This study further includes market share analysis in terms of type and applications.
  • Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided.
  • Porter's Five Forces analysis examines the competitive structure of the market and assists strategists in better decision-making.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automotive plastic additives market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automotive plastic additives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting automotive plastic additives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the automotive plastic additives market in these regions.

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Posted by on Thursday November 14 2019, 10:00 AM EST. All trademarks acknowledged. Filed under Advanced Materials, Automotive, Automotive Manufacturing, Business & Financial Services, Business Services, Chemicals, Chemicals & Materials, Consumer & Retail, Environment, Manufacturing & Construction, Metals & Minerals, Plastics. Comments and Trackbacks closed. Follow responses: RSS 2.0

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