Global Automotive Plastics Market Forecast 2019-2027

Global Automotive Plastics Market Forecast 2019-2027

KEY FINDINGS

Various grades of plastics are categorized based on their usage, composition, resistance; rigidity, cost, and weight. Their utilities in screw-on attachments in the furnishings to the more cost-intensive body parts in automobiles, everyday utilities, etc.; these materials have made huge headways into various industries, and one of the most profited end users for plastics has been the automotive industry. On top of that, the growing demand for light-weight, fuel efficient and high-performance vehicles from the consumer's end are expected to inculcate massive investments and raise the manufacturing rate for automotive plastics. The global automotive plastics market is anticipated to raise its growth during the forecasting years of 2019-2027 with quantified and approximated 9.78% CAGR. The global market is expected to grasp a share valued $ 64,164 million by the end of 2027.

MARKET INSIGHTS

Plastics find vast applications within the automotive sector because of their ease of manufacture, possible sourcing from renewable raw materials and relative ease of improved design that turn them into the primary materials for various automotive parts and applications. They reduce vehicular weight alongside improving aesthetics, reducing the noise, vibrations, and cabin insulation. The high cost of raw material necessary to manufacture automotive plastics and massive investments required are expected to pose challenges for the global industry.

REGIONAL INSIGHTS

The global automotive plastics market is bifurcated into North America, Asia Pacific, Europe and the Rest of World. Although, the Europe automotive plastics market was valued at $XX million in 2018, and is projected to reach a staggering sum of $XX million by 2027 at a CAGR of xx% from 2019 to 2027. The regional automobile manufacturers are shifting to plastics primarily as they are prioritizing energy efficiency by reducing the weight of the vehicle over other factors. Also, their resiliency, high performance at low costs & durability towards the automobile add-ons make them more desirable. The automotive sector is one of the largest consumers of plastics in Europe and coupled with the high electric vehicle production in the region is expected to drive the growth of the automotive plastics market.

COMPETITIVE INSIGHTS

The companies and incorporations operating in the global market for automobile plastics employ organic and inorganic strategies for their growth. Some of these companies are Sabic, Teijin Ltd., Covestro AG, Chi Mei Corporation, Dow Chemical Company, KRD Sicherheitstechnik GmbH, Owens Corning Corporation, Evonik Industries, Renias Co., Ltd., Johnson Controls, Magna International, Sumitomo Chemical Co. Ltd., Idemitsu Kosan Co., Ltd., Royal DSM, BASF SE, Webasto SE, Lear Corporation, Mitsubishi Chemical Corporation, Engel Austria GmbH, Trinseo S.A. and AkzoNobel CV.


1. Research Scope
1.1. Study Goals 1.2. Scope Of The Market Study 1.3. Who Will Find This Report Useful?1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources Of Data 2.1.1. Secondary Data 2.1.2. Primary Data 2.2. Top-down Approach 2.3. Bottom-up Approach2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary 3.2. Key Findings 3.2.1. Pvc Is The Fastest Growing Product In Automotive Plastics Market 3.2.2. Interior Furnishing Is The Dominant Application In Automotive Plastics Market
4. Market Dynamics
4.1. Market Definition & Scope 4.2. Market Drivers 4.2.1. Strict Carbon Emission Rules & Regulations Due To Environmental Concerns4.2.2. Rising Demand For Lightweight Vehicles 4.2.3. Increasing Demand For Sunroofs In Cars 4.2.4. Improvement In Recycling Process 4.2.5. Abundant Raw Material Availability In The Middle East Countries 4.2.6. Growth In Automotive Sales 4.3. Market Restraints 4.3.1. Volatility In Raw Material Prices 4.3.2. Growing Environmental Concerns 4.4. Market Opportunities 4.4.1. Advancement In Automotive Designs 4.4.2. Growing Electric Vehicle Market 4.5. Market Challenges 4.5.1. Geopolitical Turmoil
5. Market By Product
5.1. Abs (Acrylonitrile Butadiene Styrene) 5.2. Pp (Polypropylene) 5.3. Pu (Polyurethane) 5.4. Pvc (Polyvinyl Chloride) 5.5. Pe (Polyethylene) 5.6. Pc (Polycarbonate) 5.7. Pmma (Polymethyl Methacrylate) 5.8. Pa (Polyamides) 5.9. Other Products
6. Market By Application
6.1. Powertrain 6.2. Electrical Components 6.3. Interior Furnishings 6.4. Exterior Furnishings 6.5. Under The Hood Components 6.6. Chassis
7. Key Analytics
7.1. Porter’s Five Force Model 7.1.1. Threat Of New Entrants 7.1.2. Threat Of Substitute 7.1.3. Bargaining Power Of Suppliers 7.1.4. Bargaining Power Of Buyers 7.1.5. Threat Of Competitive Rivalry 7.2. Opportunity Matrix 7.3. Vendor Landscape 7.4 Value Chain Analysis
8. Geographical Analysis
8.1. North America 8.1.1. United States 8.1.2. Canada 8.2. Europe 8.2.1. Germany 8.2.2. United Kingdom 8.2.3. France 8.2.4. Spain 8.2.5. Italy 8.2.6. Russia 8.2.7. Roe (Rest Of Europe) 8.3. Asia Pacific 8.3.1. India 8.3.2. China 8.3.3. Japan 8.3.4. South Korea 8.3.5. Australia 8.3.6. Rest Of Asia Pacific (Roapac) 8.4. Rest Of World 8.4.1. Latin America 8.4.2. Middle East And Africa
9. Competitive Landscape
9.1. Company Profile 9.1.1. Chi Mei Corporation 9.1.2. Idemitsu Kosan Co., Ltd.9.1.3. Sabic9.1.4. Engel Austria Gmbh 9.1.5. Teijin Ltd. 9.1.6. Webasto Se 9.1.7. Renias Co., Ltd. 9.1.8. Sumitomo Chemical Co. Ltd. 9.1.9. Trinseo S.A. 9.1.10. Mitsubishi Chemical Corporation 9.1.11. Covestro Ag 9.1.12. Krd Sicherheitstechnik Gmbh 9.1.13. Basf Se 9.1.14. Evonik Industries 9.1.15. Dow Chemical Company 9.1.16. Royal Dsm 9.1.17. Akzonobel Cv 9.1.18. Johnson Controls 9.1.19. Magna International 9.1.20. Owens Corning Corporation 9.1.21. Lear Corporation
List Of Tables
Table 1 Global Automotive Plastics Market, By Geography, 2019-2027, (In $ Million) Table 2 Global Automotive Plastics Market, By Product, 2019-2027, (In $ Million) Table 3 Global Abs Market, By Region, 2019-2027, (In $ Million) Table 4 Global Pp Market, By Region, 2019-2027, (In $ Million) Table 5 Global Pu Market, By Region, 2019-2027, (In $ Million) Table 6 Global Pvc Market, By Region, 2019-2027, (In $ Million) Table 7 Global Pe Market, By Region, 2019-2027, (In $ Million) Table 8 Global Pc Market, By Region, 2019-2027, (In $ Million) Table 9 Global Pmma Market, By Region, 2019-2027, (In $ Million) Table 10 Global Pa Market, By Region, 2019-2027, (In $ Million) Table 11 Global Other Products Market, By Region, 2019-2027, (In $ Million) Table 12 Global Automotive Plastics Market, By Application, 2019-2027, (In $ Million) Table 13 Global Powertrain Market, By Region, 2019-2027, (In $ Million) Table 14 Global Electrical Components Market, By Region, 2019-2027, (In $ Million) Table 15 Global Interior Furnishings Market, By Region, 2019-2027, (In $ Million) Table 16 Global Exterior Furnishings Market, By Region, 2019-2027, (In $ Million) Table 17 Global Under The Hood Components Market, By Region, 2019-2027, (In $ Million)Table 18 Global Chassis Glazing Market, By Region, 2019-2027, (In $ Million)Table 19 Opportunity Matrix Table 20 Vendor Landscape Table 21 Global Automotive Plastics Market, By Geography, 2019-2027, (In $ Million) Table 22 North America Automotive Plastics Market, By Country, 2019-2027 (In $ Million)Table 23 Europe Automotive Plastics Market, By Country, 2019-2027 (In $ Million) Table 24 Asia Pacific Automotive Plastics Market, By Country, 2019-2027 (In $ Million)Table 25 Rest Of World Automotive Plastics Market, By Regions, 2019-2027 (In $ Million)
List Of Figures
Figure 1 Global Automotive Plastics Market Share, By Application 2018 & 2027 (%) Figure 2 Pvc Market, 2019 - 2027 (In $ Million) Figure 3 Interior Furnishings Market, 2019 - 2027 (In $ Million) Figure 4 Porter’s Five Force Model Figure 5 Value Chain Analysis Figure 6 Global Automotive Plastics Market, Regional Outlook, 2018 & 2027, (%) Figure 7 United States Automotive Plastics Market, 2019-2027 (In $ Million) Figure 8 Canada Automotive Plastics Market, 2019-2027 (In $ MillionFigure 9 Germany Automotive Plastics Market, 2019-2027 (In $ Million) Figure 10 United Kingdom Automotive Plastics Market, 2019-2027 (In $ Million) Figure 11 France Automotive Plastics Market, 2019-2027 (In $ Million) Figure 12 Spain Automotive Plastics Market, 2019-2027 (In $ Million)Figure 13 Italy Automotive Plastics Market, 2019-2027 (In $ Million)Figure 14 Russia Automotive Plastics Market, 2019-2027 (In $ Million) Figure 15 Roe Automotive Plastics Market, 2019-2027 (In $ Million)Figure 16 India Automotive Plastics Market, 2019-2027 (In $ Million)Figure 17 China Automotive Plastics Market, 2019-2027 (In $ Million) Figure 18 Japan Automotive Plastics Market, 2019-2027 (In $ Million)Figure 19 South Korea Automotive Plastics Market, 2019-2027 (In $ Million) Figure 20 Australia Automotive Plastics Market, 2019-2027 (In $ Million) Figure 21 Rest Of Asia Pacific Automotive Plastics Market, 2019-2027 (In $ Million) Figure 22 Latin America Automotive Plastics Market, 2019-2027 (In $ Million) Figure 23 Middle East And Africa Automotive Plastics Market, 2019-2027 (In $ Million)

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