New York, According to a new market research report published by Global Insight Services “Exterior Automotive Plastics Market” is expected to reach US$ XX bn by 2031. 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.
Exterior automotive plastics are a type of plastic that is used to make the exterior parts of a vehicle. These plastics are designed to be durable and weather-resistant, and can be found in a variety of colors. Some common types of exterior automotive plastics include ABS plastic, polycarbonate, and PVC.
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Key Trends
There are several key trends in exterior automotive plastics technology. One is the use of light-weight materials to reduce fuel consumption. Another is the use of nanotechnology to create stronger and more durable plastics. Additionally, there is a trend toward using recycled materials in the production of automotive plastics.
Key Drivers
There are several key drivers of the exterior automotive plastics market. First, the rising demand for vehicles equipped with advanced safety features is driving the market for exterior automotive plastics.
Secondly, the increasing preference for lightweight vehicles is also boosting the demand for exterior automotive plastics.
Thirdly, the stringent government regulations regarding the use of plastics in vehicles is propelling the market for exterior automotive plastics.
Lastly, the growing trend of customization and personalization of vehicles is also fuelling the market for exterior automotive plastics.
Market Segments
The exterior automotive plastics market bifurcated on the basis of type, application, and region. On the basis of type, it is segmented into polypropylene (PP), polyvinylchloride (PVC), polyamide (PA), and others. By application, it is analyzed across bumper & grill, roof, lights, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Market Players
The exterior automotive plastics market report includes players such as Arkema, BASF SE, Dupont, Borealis AG, DSM, Evonik Industries, ExxonMobil, Lanxess, LyondellBasell, and Covestro AG.
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Reasons to buy Exterior Automotive Plastics Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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