About Plastics Market for Passenger Cars Industry

Plastics refer to materials that are used as raw materials in different industries such as packaging, automobile, aerospace industry, textile, consumer goods, electronics, and others. These plastics can be molded or shaped into a range of solid objects or flexible sheets by altering the amount of plasticizer used. The use of plastics in passenger cars is increasing due to the growing need to reduce the weight of the vehicles. This, in turn, improves the efficiency of the vehicle in terms of fuel consumption and emissions.

Technavio’s analysts forecast the global plastics market for passenger cars industry to grow at a CAGR of 9.37% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global plastics market for passenger cars industry for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Plastics Market for Passenger Cars Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• BASF
• Borealis
• Covestro
• LANXESS
• Royal DSM
Other prominent vendors
• Clariant
• FOMPAK
• HÜBNER
• INEOS Styrolution
• Radici Partecipazioni
• SABIC
• Tata AutoComp Systems
• Trinseo
Market driver
• Growth in lightweight materials for automotive industry
• For a full, detailed list, view our report

Market challenge
• Joining dissimilar materials poses a challenge
• For a full, detailed list, view our report

Market trend
• Emergence of bioplastics
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.