Global Automotive Plastics Market to Be Propelled by Rising Importance of Weight Reduction and Emission Control

Transparency Market

Research

Automotive Plastics Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast, 2012 - 2018

Published Date

28-March-2013

123 Page Report

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Automotive Plastics Market to See Rise of Biodegradable

Plastics as Manufacturers Vie to Prove their Green

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Automotive Plastics Market

REPORT DESCRIPTION

Automotive Plastics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012

- 2018

The surging global demand for cars and the need for automakers to incorporate better design elements due to

the increasing competition in the automotives market is driving the global automotive plastics market to grow at

a significantly high CAGR during the forecast period 2012 to 2018. By 2018, the global automotive plastics

market is expected to reach a market value of US$32,985.4 million.

The popularity of plastics in automotives can be attributed to their physical properties such as toughness,

resilience, durability, and resistance to corrosion. Also, the use of plastics in automotives ensures greater fuel

efficiency because of the reduced overall weight of the vehicles. Materials such as steel, previously used

extensively in manufacturing automotive parts and components, are increasingly being substituted with

plastics.

Browse Full Global Automotive Plastics MarketReport With Complete TOC :

http://www.transparencymarketresearch.com/automotive-plastics-market.html

The use of plastics in place of metals such as steel ensures that automotive designers are able to achieve the

desired features in lighting, electronic, and electrical components of automobiles. This also enables them to

develop the vehicle’s aesthetic aspects and lower its total weight. Reducing the total weight of a car helps...