Adoption Of Automotive Additives Market To Rise During Forecast Period Owing To Increasing Consumer Awareness : FactMR

Latest industry analysis by Fact MR, predicts sales of Polypropylene Automotive Additives to swell at propelled CAGR through 2031, as automotive sales gradually recover across the world. The report is intended at presenting insights into hidden growth opportunities and challenges. It also offers recommendations to help businesses to prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

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The report offers actionable and valuable market insights of Polypropylene Automotive Additives. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Polypropylene Automotive Additives Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Polypropylene Automotive Additives market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Polypropylene Automotive Additives

global automotive additives market

This newly published and insightful report sheds light on Market Insights of Polypropylene Automotive Additives, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Polypropylene Automotive Additives Market.

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Market Taxonomy

Plastic Additives
  • Plasticizers
  • Anti-Scratch
  • Stabilizers
  • Antioxidants
  • Others
Plastic
  • Polypropylene (PP)
  • Polyurethane (PUR)
  • Poly-Vinyl Chloride (PVC)
  • Acrylonitrile Butadiene Styrene (ABS)
Application
  • Exterior
  • Interior
  • Under the Hood
  • Electronics & Electrical
Automotive additives are being used on a large scale to maintain the vehicle and improve overall performance. Automotive additive manufacturers are using innovative materials. Manufacturers are also producing various types of additives for instance, plastic additives, transmission additives, head gasket sealers, oil additives, etc. however, plastic additives are gaining more popularity in the market, as it offers efficiency, saves costs and offers scratch resistance.
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Competition Tracking

The report also profiles companies that are operating in the automotive additives market, which include

  • Saudi Basic Industries Corp
  • Akzo Nobel NV
  • Covestro AG
  • LANXESS AG
  • BASF SE
  • The Dow Chemical Company
  • Clariant AG
  • Solvay SA
  • Croda International PLC
  • Evonik Industries AG
  • ExxonMobil Corporation
  • Kaneka Corporation

6 Forecast Highlights on Global Automotive Additives Market

  • North America is expected to dominate the global automotive additives market. Towards the end of 2022, North America automotive additives market is projected to exceed US$ 2,000 million revenue. Presence of the major market players and the increasing vehicle production are some of the factors fueling the growth of North America automotive additives market.
  • Europe is expected to be the second most lucrative market in the global automotive additives market. Europe automotive additives market is expected to witness steady growth during the forecast period.
  • Plasticizers are expected to be the most lucrative plastic additives. Plasticizers are projected to exceed US$ 2,400 million revenue by the end of 2022. Meanwhile, anti-scratch plastic additives are also expected to witness steady growth during the forecast period.
  • Polypropylene (PP) is expected to be one of the most preferred plastics in the automotive additives market. Accounting nearly two-fifth of the revenue share by the end of 2017, polypropylene is projected to create an incremental opportunity of over US$ 700 million between 2017 and 2022.
  • Interior automotive additives are expected to account for maximum revenue share. Interior automotive additives are projected to exceed US$ 2,600 million revenue by the end of 2022. Although Exterior automotive additives will also witness steady growth in the coming years.
  • Compact passenger cars are expected to be the largest users of the automotive additives. Compact passenger cars are projected to account for nearly one-third of the revenue share by the end of 2017.

Report Benefits & Key Questions Answered

  • Polypropylene Automotive Additives Company & brand share analysis: The report offers in-depth Polypropylene Automotive Additives brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies
  • Polypropylene Automotive Additives Historical volume analysis: The report offers a comparative analysis between historic sales of Polypropylene Automotive Additives and projected sales performance for 2021-2031
  • Polypropylene Automotive Additives Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels
  • Polypropylene Automotive Additives Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it
  • Post COVID consumer spending on Polypropylene Automotive Additives: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power

More Valuable Insights on Polypropylene Automotive Additives Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Polypropylene Automotive Additives, Sales and Demand of Polypropylene Automotive Additives, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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