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Global market for plastics in automotive application sector is projected to reach US$18.9 billion by 2016, with a CAGR of 8.1%, according to Axis Research Mind

December 03, 2012 Bookmark and Share

The Automotive Plastics industry market is projected to reach US$18.9 billion by 2016, primarily supported by the end-users: Interiors & Exteriors Furnishing, Electrical Components, Powertrains and Under Hood Engine. Globally, Interiors & Exteriors, Electrical Components together account for approximately 64% of the market share are expected to support the Automotive Plastics Industry going forward. Geographical analysis of Automotive Plastics shows that the fastest Compounded Annual Growth Rate (CAGR) of 10% is anticipated from Asia-Pacific region during the analysis period, 2011-2016. The Americas follows Asia-Pacific with a CAGR of 9.4% while the Europe forecasts to drive with a growth rate of 5.9%, respectively. Among the end-users Powertrains market is the fastest growing segment, followed by Under Hood Engine and Electrical Components, respectively.

For more information please follow link:
Automotive Plastics - A Global Market Watch, 2011 - 2016

Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases and published research reports are also used for estimates. Estimates have incorporated recessionary impact on the industry. The analysis is based on desk research and interviews with industry researchers and law/ethics specialists, as well as on data collected through the survey, and discussions with experts.

The report delivers a microscopic view of regional market values. The major automotive plastics – end-users, please follow the link in detail - Automotive Plastics - A Global Market Watch, 2011 - 2016

Other Related Plastics Reports
Rigid Plastics, Flexible Plastics, Thermoplastics Resin, Thermosets Resin, Polyethylene (PE) - Products, End-Uses & Technologies, Polypropylene (PP), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polystyrene (PS), Bioplastics, Polyurethanes (PU), Urea-Formaldehyde (UF), Phenol-Formaldehyde (PF), Unsaturated Polyesters (UP), Epoxy / Polyepoxide Resins, Food & Beverage Plastics, Building & Construction Plastics, Healthcare Plastics, Personal Care Plastics, Household Plastics, Automotive Plastics, Electronic Plastics, Electrical Plastics, Industrial Plastics, Plastic Additives, Polylactic Acid (PLA)

About Axis Research Mind
Axis Research Mind (www.axisresearchmind.com) is a market research firm offering customer-oriented publications in verticals such as life sciences and biotechnology, healthcare and pharmaceuticals, energy and resources, food and beverage, telecomm and many more industries. Our reports cater incisive and precise analytics and are scrutinized with a passion of success in the growing marketplace. Our USBs are self-explanatory, vast database and region-wise coverage across the sectors. We attempt to explore market dynamics explicating the risk and return measures in the industry.

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linda.austin@axisresearchmind.com

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