Global Automotive Plastics Market 2020 Forecast Report Available at Grand View Research, Inc
The global market for automotive plastics is expected to reach USD 41.49 billion by 2020, according to a new study by Grand View Research, Inc. Shift in trend towards reducing the overall weight of automobiles in both developed and emerging markets is expected to drive the market for automotive plastics over the forecast period. However, volatile raw material prices are expected to remain a key challenge for market participants.
Polypropylene emerged as the leading product segment and accounted for 37.6% of total market volume in 2013, followed by polyurethane at 16%. Polyurethane is also expected to be the fastest growing product segment, at an estimated CAGR of 9.9% from 2014 to 2020.
View Full Report with TOC @ http://www.grandviewresearch.com/industry-analysis/automotive-plastics-market
For the purpose of this study, Grand View Research has segmented the automotive plastics market on the basis of product, application and region:
• Global Automotive plastics Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• Global Automotive plastics Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• Power Trains
• Electrical Components
• Interior and Exterior Furnishings
• Under the Hood
• Global Automotive plastics Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
• North America
• Asia Pacific
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