Automotive Plastics Market is expected to reach $19.6 Billion by 2027 – An exclusive market research report by Lucintel

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Automotive Plastics Market is expected to reach $19.6 Billion by 2027 – An exclusive market research report by Lucintel

November 23
22:00 2022
Automotive Plastics Market is expected to reach $19.6 Billion by 2027 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Automotive Plastics Market
Trends, opportunities and forecast in automotive plastics market to 2027 by polymer (polypropylene, polyurethane, polyamide, PVC, ABS, polycarbonates, polyethylene, PMMA and other plastics), by vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), by application (interior, exterior, under the hood and electrical components), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that automotive plastics provides attractive opportunities in the passenger cars, light commercial vehicles, and heavy commercial vehicles. The automotive plastics market is expected to reach $19.6 billion by 2027 with a CAGR of 6.3%. In this market, passenger car is the largest segment by vehicle type. Development of recycling technologies for plastics and replacement of PA 66 with cheaper and advanced PA 6 provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/automotive-plastics-market.aspx Based on vehicle type, the automotive plastics market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. The passenger car segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to increasing plastic content per vehicle in emerging applications like oil pans, wheel rims, and battery trays.

Browse in-depth TOC on “Automotive Plastics Market”

68 – Tables

107 – Figures

205 – Pages

The Automotive Plastics Market is marked by the presence of several big and small players. Some of the prominent players offering automotive plastics include BASF, Lyondellbassell, Du Pont. Co, Borealis AG, Dow Chemicals, Solvay, DSM, SABIC, EXXON Mobil, and Arkema.

Request Sample Report:

https://www.lucintel.com/automotive-plastics-market.aspx

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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