"According to a new country report published by Lucintel, the future of the automotive plastics market in the United States looks promising with opportunities in the passenger cars, light commercial vehicles, and heavy commercial vehicles. The automotive plastics market in the United States is primarily driven by increasing demand for lightweight materials for OEMs to reduce vehicle weight in response to stringent government regulations on fuel economy.
This report studies factors affecting the automotive plastics market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that the polypropylene, polyurethane, and polyamide segments will show above average growth during the forecast period. Passenger car, light commercial vehicle, and heavy commercial vehicle are the major vehicle segments of the automotive plastics market. The passenger car segment is expected to show above average growth during the forecast period due to increasing plastic content per vehicle in emerging applications like oil pans, wheel rims, and battery trays.
Emerging trends, which have a direct impact on the dynamics of the automotive plastics industry, include development of recycling technologies for plastics and replacement of PA 66 with cheaper and advanced PA 6.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the automotive plastics market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Automotive Plastics Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the automotive plastics market in the United States by polymer, vehicle type, and application, as follows:
Automotive Plastics Market by Polymer ($ Million and million pounds from 2014 to 2025)
• Other Plastics
Automotive Plastics Market by Vehicle Type ($ Million and million pounds from 2014 to 2025)
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
Automotive Plastics Market by Application ($ Million and million pounds from 2014 to 2025)
• Under the Hood
• Electrical Components
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-automotive-plastics.aspx or write to us at [email protected]
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "