Global Plastics Market for Passenger Cars Industry Market 2023-2027

Global Plastics Market For Passenger Cars Industry Market 2023-2027

The plastics market for passenger cars industry market is forecasted to grow by USD 22024.22 mn during 2022-2027, accelerating at a CAGR of 10% during the forecast period. The report on the plastics market for passenger cars industry market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by adoption of new or improved emission standards, increasing government support to promote adoption of EVs, and increasing incorporation of electronics in passenger cars.

Technavio's plastics market for passenger cars industry market is segmented as below:

By Application

• Interiors
• Exteriors
• Others

By Material

• Polypropylene
• Polyurethane
• Polyvinyl chloride
• Polyamide and others

By Geographical Landscape

• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the lightweight and fuel efficiency of automobiles like passenger cars as one of the prime reasons driving the plastics market for the passenger cars industry market growth during the next few years. Also, the growing use of 3d printing for automotive applications and advances in autonomous passenger cars will lead to sizable demand in the market.

The report on the plastics market for the passenger cars industry market covers the following areas:

• Plastics market for passenger cars industry market sizing
• Plastics market for passenger cars industry market forecast
• Plastics market for passenger cars industry market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastics market for passenger cars industry market vendors that include Arkema Group, BASF SE, Borealis AG, Celanese Corp., Covestro AG, Daicel Corp., Dow Chemical Co., DuPont de Nemours Inc., Evonik Industries AG, Hexion Inc., Koninklijke DSM NV, LG Chem Ltd., Nissan Motor Co. Ltd., Saudi Basic Industries Corp., SGL Carbon SE, Solvay SA, Sumitomo Corp., Teijin Ltd., Toray Industries Inc., and LyondellBasell Industries N.V.. Also, the plastics market for passenger cars industry market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.