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Automotive Plastic Market Insights Research and Global Outlook 2020 to 2027

The global Automotive plastic market was valued at USD 29.22 Billion in 2018 and is expected to reach USD 67.51 Billion by year 2026, at a CAGR of 11.1 percent. Automotive plastic market is driven by the increase in usage of the automobile, such as personal cars, lightweight commercial vehicle, increase in global population.

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Automotive Plastic Market Insights Research and Global Outlook 2020 to 2027

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  1. Automotive Plastic Market To Reach USD 67.51 Billion By 2027 www.reportsanddata.com

  2. Market Summary Automotive Plastic MarketSize – USD 29.22 Billion in 2018, Market Growth - CAGR of 11.1%, Market Trends –Development in automobile technology, new research in material composition in Automotive plastic market The global Automotive plastic market was valued at USD 29.22 Billion in 2020 and is expected to reach USD 67.51 Billion by year 2027, at a CAGR of 11.1 percent. Automotive plastic market is driven by the increase in usage of the automobile, such as personal cars, lightweight commercial vehicle, increase in global population. • Further key findings from the report suggest • Asia Pacific region is expected to grow and reach USD 31.25 Billion because of increase in population in major economy such as China and India, and Increase in number of vehicle usage help in the growth of the Automotive plastic Market • China has the largest motor vehicle users in the world it accounts to 322 million motor vehicles registered at the end of September 2018, which indicate toward the necessity of road marking which can guide the traveler about rules and safety • The United States comes to the second position for the motor vehicles in the world after China. The European union member countries in 2009, had an estimated ownership rate of 473 passenger cars per 1000 people • Plastics used in Automotive accounted to about 5.8% to 10% of the weight of vehicle but it is about 50% of the volume. Lightweight seats, instrument panels, sound control fabrics, the headliner, dash and door panels are made with modern polymer combinations www.reportsanddata.com

  3. Market Summary Key Players: Magna International Inc., Covestro AG, Borealis AG, Compagnie Plastic Omnium, Adientplc, Lear Corporation, Evonik Industries AG, SABIC, GrupoAntolin-Irausa S.A., Teijin Ltd., Royal DSM N.V., Johnson Controls International PLC, Momentive Performance Materials. Segmentation: • By Types (Revenue, USD Million; 2016–2026) • Polypropylene • Polyurethane • Polyvinyl Chloride • ABS • other • Polyamide • HDPE • Polycarbonate • PBT www.reportsanddata.com Ask for Sample Report at: https://www.reportsanddata.com/sample-enquiry-form/1685

  4. MarketSummary • By Applications (Revenue, USD Million; 2016–2026) • Interior • Exterior • Electric component • Under Bonnet • Regional Outlook for Vehicle Access Control Market analyses the following geographies: • North America (United States, Canada, and Mexico) • Europe (Germany, France, UK, Russia, and Italy) • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) • South America (Brazil, Argentina, Colombia, etc.) • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) www.reportsanddata.com Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1685

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com www.reportsanddata.com

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