MRO Magazine

Research and Markets: Plastics in Automotive: Innovation & Emerging Trends 2015


May 6, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/3b7lqb/plastics_in) has announced the addition of the “Plastics in Automotive: Innovation & Emerging Trends” report to their offering.

The presence of major plastics in North American automotive applications continues a post-recession recovery, driven by new and advanced grades of long-glass fiber compounds based on polypropylene and nylon.

The autonomous or self-driving vehicle has captured the attention of the nation in recent years. It’s been a recurring subject of discussion at industry trade shows and conferences, not to mention Google’s self-driving car, the darling of cable news. Although there is some disagreement on timing, many see the technology as inevitable, and a shift toward more connectivity and automation in vehicles is undeniable.

The latest forecast calls for an increase of 5 percent in the total number of motor vehicles assembled in the United States in 2015. This follows a gain of just under 5 percent in 2014. In 2013, the total number of motor vehicles assembled expanded by 6.9 percent.

And capital spending by the auto sector drives demand for molds, screws, barrels, and auxiliary and primary processing equipment.

The most direct indicator of market demand for automobiles in this country is the widely-reported monthly data on U.S. auto sales. The future trend in the assemblies data is largely driven by the recent trend in total market demand for autos. The monthly data on auto sales combines the sales of domestically- produced autos with imported vehicles, so it is the best overall indicator of total market demand for cars and trucks in the U.S.

Our research indicates that during the past four years, the automotive industry (along with the packaging and medical end-markets) has consistently been the highest-ranked in terms of future growth expectations by plastics professionals.

Key Topics Covered:

1. Light-weighting Ignites Opportunity In Plastics

2. Trends Impacting Plastics In Automotive

3. Forecast: U.S. Auto Production To Increase

4. Autonomous Vehicles And The Road Ahead For Plastics In Autos

5. Auto Industry Drives Growth Among Mold And Toolmakers

6. Auto Production On Rise In Mexico

7. China’s Auto Industry A Mixed Bag For U.S. Suppliers

8. Research Sponsor Spotlight

For more information visit http://www.researchandmarkets.com/research/3b7lqb/plastics_in

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Plastics, Automotive, Telematics and Vehicle Electronics