Authored By: Sarah
17 Jun 2021

Plastics Market For Passenger Cars Industry Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Technavio has been monitoring the plastics market for passenger cars industry and it is expected to grow by $ 16.54 bn, accelerating at a CAGR of almost 9% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Plastics Market for Passenger Cars Industry: Receive Free Sample Report


Plastics Market For Passenger Cars Industry: Key Trends to impact market growth

The Increasing incorporation of electronics in passenger cars is one of the key plastics market for passenger cars industry market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Plastics Market For Passenger Cars Industry: Top Drivers to Boost Demand

The Adoption of new or improved emission standards is one of the primary factors driving the growth of the plastics market for passenger cars industry. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Plastics Market For Passenger Cars Industry Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Vendor Analysis: BASF SE, Borealis AG and Covestro AG are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. BASF SE, Borealis AG, Covestro AG, Dow Inc., Exxon Mobil Corp., Formosa Plastics Corp., Koch Industries Inc., Koninklijke DSM NV, LANXESS AG, and LyondellBasell Industries NV are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Plastics Market For Passenger Cars Industry: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive plastics market for passenger cars industry growth during the next five years
  • Precise estimation of the plastics market for passenger cars industry size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the plastics market for passenger cars industry industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of plastics market for passenger cars industry vendors

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of about 9%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 16.54 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Adoption of new or improved emission standards will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    49% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are BASF SE, Borealis AG, Covestro AG, Dow Inc., Exxon Mobil Corp., Formosa Plastics Corp., Koch Industries Inc., Koninklijke DSM NV, LANXESS AG, and LyondellBasell Industries NV

     
  7. What are the market segments covered in this report?
    The market is segmented by Material (Polypropylene, Polyurethane, Polyvinyl chloride, and Others), Application (Interiors, Exteriors, and Others), and Geography (APAC, North America, Europe, South America, and MEA)

Plastics Market For Passenger Cars Industry Market Size to Grow by $ 16.54 bn through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the plastics market for passenger cars industry market and it is expected to grow by $ 16.54 bn, accelerating at a CAGR of almost 9% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Plastics Market for Passenger Cars Industry Market: Receive Free Sample Report


Plastics Market For Passenger Cars Industry Market: Emerging Trends to Impact Market Growth

Increasing incorporation of electronics in passenger cars to emerge as a key trend in the industrial plastics market for passenger cars industry market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Plastics Market For Passenger Cars Industry Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Plastics Market For Passenger Cars Industry Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. BASF SE, Borealis AG, Covestro AG, Dow Inc., Exxon Mobil Corp., Formosa Plastics Corp., Koch Industries Inc., Koninklijke DSM NV, LANXESS AG, and LyondellBasell Industries NV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

Plastics Market For Passenger Cars Industry Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Technavio has been monitoring the plastics market for passenger cars industry market and it is expected to grow by $ 16.54 bn, accelerating at a CAGR of almost 9% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Plastics Market for Passenger Cars Industry Market: Receive Free Sample Report


Plastics Market For Passenger Cars Industry Market: Key Trends to impact market growth

APAC had the largest market share in the plastics market for the passenger cars industry in 2021, and the region will offer several growth opportunities to market vendors during the forecast period. 49% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for plastics market for the passenger cars industry market in the region. The emergence of bioplastics may emerge as a game-changer in the market.

Plastics Market For Passenger Cars Industry Market: Top Drivers to Boost Demand

The Adoption of new or improved emission standards is one of the primary factors driving the growth of the plastics market for passenger cars industry market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Plastics Market For Passenger Cars Industry Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Vendor Analysis: BASF SE, Borealis AG and Covestro AG are key growth contributors

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. BASF SE, Borealis AG, Covestro AG, Dow Inc., Exxon Mobil Corp., Formosa Plastics Corp., Koch Industries Inc., Koninklijke DSM NV, LANXESS AG, and LyondellBasell Industries NV are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Plastics Market For Passenger Cars Industry Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive plastics market for passenger cars industry market growth during the next five years
  • Precise estimation of the plastics market for passenger cars industry market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the plastics market for passenger cars industry market industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of plastics market for passenger cars industry market vendors
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