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Automotive Plastics Market - The Market Size of Automotive Plastics for Passenger cars is Expected to Reach USD 40.1 Billion by 2020

20:00 EDT 9 Aug 2015 | Globe Newswire

Dublin, Aug. 10, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/fvztkk/automotive) has announced the addition of the "Automotive Plastics Market for Passenger Cars by Type (PP, PU, PVC, Polycarbonates, PMMA & PET), by Application (Interior, Exterior, Under Bonnet), & by Region (Asia-Pacific, Europe, North America, RoW) - Global Forecast to 2020" report to their offering.

The automotive plastics market is analyzed with respect to passenger car production and average utilization of automotive plastics per car by weight across regions, such as North America, Europe, Asia-Pacific, and RoW and in terms of volume (tons) and value (USD Million). The automotive plastics market for passenger cars is projected to register a CAGR of 10.9% (between 2015 and 2020) and is expected to account for a market size of USD 40.1 Billion by 2020. The Asia-Pacific region is the largest market for automotive plastics market for passenger cars and is projected to retain this position over the next five years; this is because the region accounts for the highest production as well as consumption of polypropylene across the globe.

The market size of automotive plastics for passenger cars is expected to reach USD 40.1 Billion by 2020 from USD 21.3 Billion in 2014, at an expected CAGR of 8.3% in terms of volume between 2015 and 2020. The high growth rate of the industry is attributable to increasing passenger car production and initiatives by automobile manufacturers towards light-weighting of cars.

Companies Mentioned

  • Akzonobel N.V.
  • BASF SE
  • Bayer Materialscience AG
  • Borealis AG
  • Evonik Industries
  • Grupo Antolin-Irausa S.A.
  • Johnson Controls
  • Lear Corporation
  • Magna International Incorporated
  • Momentive Performance Materials Inc.
  • Royal DSM N.V.
  • Saudi Basic Industries Corporation (SABIC)
  • Teijin Limited
  • The DOW Chemical Company

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Automotive Plastics Market for Passenger Cars, By Application

8 Automotive Plastics Market for Passenger Cars, By Product Type

9 Automotive Plastics Market for Passenger Cars, By Region

10 Competitive Landscape

11 Company Profiles

For more information visit http://www.researchandmarkets.com/research/fvztkk/automotive



CONTACT: Research and Markets
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         press@researchandmarkets.com

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         Sector: Automotive Parts

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