MRO Magazine

Research and Markets: Europe Automotive Plastics Market Growth of 5% CAGR by 2020 – Analysis, Technologies & Forecasts 2015-2020


December 23, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/x49wsj/europe_automotive) has announced the addition of the “Europe Automotive Plastics Market – Segmented by Product, Application and Geography Trends and Forecasts (2015-2020)” report to their offering.

Europe Automotive Plastics Market is expected to grow at a CAGR of 5% during the forecast period. The market in this region closely follows the market in Asia-Pacific in terms of the overall market share by volume as of 2013.

Automotive Plastics have a lot of unique and useful properties such as toughness, durability, recyclability, thermal stability, resilience, resistance, design flexibility and light weight. They are primarily used in automobiles in the interior, exterior and engine components, to reduce the total weight of the vehicle and thus increase the fuel efficiency. It also improve aesthetics, reduce noise and vibrations, cabin insulations etc.

Among the different types of automotive plastics, polypropylene (PP) accounts for 35% of the global consumption, followed by polyurethanes (PU) (17%). Acrylonitrile butadiene styrene (ABS) and polyvinyl chloride (PVC) are the other major plastics in great demand in automobile manufacturing. There is an increasing demand for biodegradable varieties such as Starch-based, PHA-, PLA-, PCL-, and PBS-based plastics.

Companies Mentioned:

  • Akzonobel N.V.
  • BASF Corporation
  • Evonik Industries
  • ExxonMobil Chemical
  • Bayer MaterialScience
  • Chevron Phillips
  • Dow Automotive
  • DuPont Engineering Polymers
  • SABIC
  • Braskem America
  • Lanxess Corporation
  • LyondellBasell
  • Styron, LLC
  • Solvay Advanced Polymers, LLC
  • TOTAL Petrochemicals USA, Inc.
  • The Vinyl Institute
  • Borealis AG
  • Magna International Incorporated
  • Owens Corning
  • yale DSM N.V.
  • Teijin Limited
  • Hanwha Azdel INC.
  • Lear Corporation
  • Quadrant AG
  • Momentive Performance Materials Inc.
  • Zoltek Company Inc.
  • BMW
  • Volkswagen
  • Peugeot SA
  • Fiat SPA

Report Structure:

1. Introduction

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Market Segmentation and Analysis

6. Europe Market Analysis (Market size, growth and forecast)

7. Competitive Landscape

8. Company Profiles

9. Appendix

For more information visit http://www.researchandmarkets.com/research/x49wsj/europe_automotive

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Auto Manufacturing, Auto Interiors