Global Automotive Plastic Additive Market Report 2018 - 2025 Contact : sales@valuemarketresearch.com
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Global Automotive Plastic Additive Market According to the global Automotive Plastic Additive Market report published by Value Market Research, the market is expected to touch USD 9.7 BN by 2024, with a CAGR of 6.5% growing from USD 6.3 BN (by revenue) in 2017. This is a tailored made research report providing informative data and various critical aspects of the market such as market outlook, market share, growth, and trends. Further, the report also offers evidence-based information that helps to transform clients business and achieve their business goals. Moreover, the report also highlights the key strategy of top players. Additionally, this report covers a wide spectrum of services such as the latest technology trend, market opportunity analysis, and competitive landscape.
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Global Automotive Plastic Additive Market Dynamics Rising demand of lightweight, durable plastics from the automotive industry is driving the market growth. Growing demand for electric vehicles and lightweight cars is again fueling the market growth. Also, increasing adoption of lightweight, durable, and high performance plastic in auto parts is again pushing the market uphill. Shift in manufacturer’s preference towards plastics over metals is likely to raise the market demand in the forecasting period.
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This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of automotive plastic additive.
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Global Automotive Plastic Additive Market Segmentation By Plastic Additive
By Automotive Application
• Plasticizer
• Exterior Application
• Anti-Scratch
• Interior Application
• Stabilizer
• Under The Hood
• Anti-Oxidants
• Electronics And Electrical
• Others
By Vehicle Type
By Plastic Type
• Passenger Car
• Polypropylene
• Light Commercial Vehicle (LCV)
• Polyurethane (PUR)
• Heavy Commercial Vehicle (HCV)
• Poly-Vinyl Chloride (PVC)
• Electric Vehicle
• Acrylonitrile Butadiene Styrene (ABS)
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Global Automotive Plastic Additive Market Key Players
Akzo Nobel Nv BASF SE Clariant AG Covestro AG Evonik Industries Exxon Mobil Corporation Kaneka Corporation Lanxess AG Polyone Corporation Sabic, Solvay SA The DOW Chemical Company among others.
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Global Automotive Plastic Additive Market Regional Analysis The report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for automotive plastic additive in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions. METHODOLOGY: A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
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