Automotive Plastics Market Set to Witness an Uptick during 2021-2031 | Evonik Industries AG, Solvay, Arkema SA, Borealis AG

Global Automotive Plastics Market report from Global Insight Services is the single authoritative source of intelligence on Automotive Plastics Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Automotive plastics are a type of plastic that is used in the automotive industry. These plastics are used in a variety of applications, such as in the body of a car, in the engine, and in the interior of a car. Automotive plastics are made from a variety of materials, such as polyethylene, polypropylene, and nylon.

Automotive plastics are a key part of the automotive industry because they are lightweight and durable. They can also be molded into a variety of shapes and sizes, which makes them ideal for use in cars. In addition, automotive plastics are resistant to chemicals and heat, which makes them ideal for use in the engine of a car.

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Key Trends and Drivers

Some of the key trends in the Automotive Plastics Market are:

  • Increasing use of plastics in automotive applications: Plastics are increasingly being used in automotive applications due to their light weight, durability, and design flexibility.
  • Growing demand for recycled plastics: There is a growing demand for recycled plastics in the automotive industry due to the need for sustainable and environmentally friendly materials.
  • Innovation in plastic materials: New types of plastic materials are being developed that offer superior performance characteristics for automotive applications.
  • Increasing use of bioplastics: Bioplastics are made from renewable resources and offer a more sustainable option for automotive plastics.
Market Segments

By Product Type

  • Polypropylene (PP)
  • Polyurethane (PU)
  • Polyvinylchloride (PVC)
  • Polyamide (PA)
  • Acrylonitrile Butadiene Styrene (ABS)

By Application

  • Interior
  • Exterior
  • Under Bonnet
  • Others
Key Players
  • BASF SE
  • SABIC
  • LyondellBasell
  • LG Chem
  • DuPont
  • Covestro AG
  • Evonik Industries AG
  • Solvay
  • Arkema SA
  • Borealis AG

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