 Home > Chemicals Industry > Rubber Plastic News > The global automotive plastics market is expected to maintain a growth rate of 9%, and the growth momentum comes from three major factors

The global automotive plastics market is expected to maintain a growth rate of 9%, and the growth momentum comes from three major factors

 Last Update: 2022-08-28
 Source: Internet
 Author: User

Tags

automotive parts washer

ce auto sales

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

According to an analysis by consulting firm FMI, the global automotive plastics market is expected to exceed US$9.
5 billion by the end of 2021, with a market demand of 7.
5 million tons, as consumers continue to increase demand for high-quality vehicle exteriors and interiors

FMI pointed out that the steady growth of the automotive plastics market is mainly due to the following factors:

●A surge in demand for commercial vehicles and passenger vehicles has spurred sales of automotive plastics

More and more government regulations limit the carbon emissions of automobiles, which require weight reduction of automobiles, and automobile plastics are considered to be the most suitable for the manufacture of bumpers, gears, etc.
due to their light weight, wear resistance, scratch resistance and high impact toughness.
Preferred choice for fenders, doors and other auto parts

●

● Consumers are more and more inclined to passenger cars with exquisite interiors.
The plastics used in vehicles can be processed with various surface processing technologies such as CMF and IMD to meet the demand for high-quality interiors

●

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Tris(Nonylphenyl) Phosphite 26523-78-4

CAS No.: 26523-78-4

industrial grade

$1.2/KG EXW

Zinc stearate557-05-1

CAS No.: 557-05-1

Industrial Grade

$5-6/KG EXW

factory price DOP, Cas No.: 117-81-7,colorless transparent liquid

CAS No.: 117-81-7

Industrial Grade

$1350-1380/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

announcements today(81)

80 20 company(94)

united states logo(227)

single use technology(195)

healthy food name(42)

ups united states(221)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.