Polypropylene Market For Passenger Cars worth $46,112 Million By 2018
Polypropylene Market report categorizes the global market by Application (Interior, Exterior & Under Bonnet), By Type (Polypropylene, Polyurethane, HDPE, ABS, Polycarbonate & Composites) & by Geography. For more info visit : http://goo.gl/Osb3jm
Polypropylene Market report categorizes the global market by Application (Interior, Exterior & Under Bonnet), By Type (Polypropylene, Polyurethane, HDPE, ABS, Polycarbonate & Composites) & by Geography. For more info visit : http://goo.gl/Osb3jm
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<strong>Polypropylene</strong> <strong>Market</strong> <strong>For</strong> <strong>Passenger</strong><br />
<strong>Cars</strong> <strong>worth</strong> <strong>$46</strong>,<strong>112</strong> <strong>Million</strong> <strong>By</strong> <strong>2018</strong><br />
According to the market research report "<strong>Polypropylene</strong> <strong>Market</strong> for <strong>Passenger</strong> <strong>Cars</strong>, <strong>By</strong> Type<br />
(<strong>Polypropylene</strong>, Polyurethane, HDPE, ABS, Polycarbonate,& Composites), Application<br />
(Interior, Exterior & Under Bonnet) & Geography— Trends & <strong>For</strong>ecasts to <strong>2018</strong>" ,<br />
published by <strong>Market</strong>sand<strong>Market</strong>s, the global automotive plastics revenue is expected to grow<br />
from $21,617 million in 2012 to <strong>$46</strong>,<strong>112</strong> million by <strong>2018</strong> at an estimated CAGR of 13.4% from<br />
2013 to <strong>2018</strong>.<br />
Browse 96 market data tables and 22 figures spread through 328 pages and in-depth TOC on<br />
“<strong>Polypropylene</strong> <strong>Market</strong> for <strong>Passenger</strong> <strong>Cars</strong>, <strong>By</strong> Type (<strong>Polypropylene</strong>, Polyurethane, HDPE,<br />
ABS, Polycarbonate,& Composites), Application (Interior, Exterior & Under Bonnet) &<br />
Geography— Trends & <strong>For</strong>ecasts to <strong>2018</strong>”.<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/automotive-plastics-market-passenger-cars-<br />
506.html<br />
Early buyers will receive 10% customization on this report.<br />
The automotive plastics are used in the manufacture of various automotive components such as:<br />
<br />
<br />
<br />
<br />
<br />
Bumpers<br />
Seating<br />
Upholstery<br />
Instrument panel<br />
Internal and External Trims.<br />
The researchers on light weight plastic materials such as composite materials, reinforced plastics,<br />
and polymers have come up with improved material qualities that make them suitable for use in<br />
interior, exterior, and under bonnet components of automobiles. The careful selection of these<br />
automotive plastics is very important in the industry as it enables designers to improve<br />
durability, meet load bearing requirements, and achieve reduction in vehicle weight.<br />
In 2012, Asia-Pacific was leading in the automotive plastics consumption volume by 50.5%,<br />
followed by Europe (28%), North America (11.3%), and rest of the world (10.1%). Among these<br />
regions polypropylene leads consumption by 37%, followed by polyurethanes (PU) (17.3%),<br />
acrylonitrile butadiene styrene (ABS) (12.3%), composites (11.5%), high density polyethylene
(HDPE) (10.8%), polycarbonates (PC) (6.8%), and polymethyl methacrylate (PMMA) (4.4%),<br />
due to their easy forming properties and their availability at cheaper price than other materials.<br />
The polypropylene are among one of the widely preferred alternatives for light-weighting of<br />
automobile as they offer enhanced properties such as superior impact strength, easy mold-ability,<br />
improved aesthetics, and reduced weight as compared to conventional automotive components<br />
such as High speed steel (HSS) and Aluminum. The increasing demand of passenger cars and the<br />
supply to fulfill the same in Asia-Pacific is one of the main drivers for increasing consumption of<br />
automotive plastics globally.<br />
The market dynamics of <strong>Polypropylene</strong> <strong>Market</strong> for <strong>Passenger</strong> <strong>Cars</strong> are studied for market<br />
insights such as drivers, restraints, and opportunity. The main drivers of automotive plastics<br />
utilization are their potential for reducing the weight of automobile and fuel consumption<br />
reduction potential by reduction in the weight of the vehicle. The market presents opportunities<br />
in new materials such as reinforced composites and PMMA.<br />
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