Market Overview:
The global modified plastics for automotive market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, PP, PU, ABS, PE and PC are some of the major types considered in this study. PP is expected to be one of the fastest growing segments during the forecast period owing to its properties such as high strength-to-weight ratio and chemical resistance. On the basis of application, interior parts, exterior parts and structural parts are some of the major applications considered in this study.
Product Definition:
The definition of Modified Plastics for Automotive is plastics that have been modified to withstand the extreme temperatures and conditions inside a car. The importance of Modified Plastics for Automotive is that it helps keep the car running smoothly by preventing parts from breaking or melting.
PP:
Polypropylene (PP) is a thermoplastic polymer. It is produced from the reaction of propylene and oxygen. PP can be used in various forms such as films, sheets, tubes and rods.
PU:
Polyurethane (PU) is a polymer, which is widely used in the automotive industry. It offers high impact resistance, excellent insulation and lightweight properties to the product it is used in. PU resins are processed with various additives to produce different types of plastics for use in automobiles such as exterior body parts like bumpers and interior trim components like steering wheels and gear shift knobs.
Application Insights:
Exterior parts include bumper, hood, deck lid, door panels & handles and roof. These parts are exposed to extreme temperatures and UV rays, which may cause damage to the paint finish over a period of time. Therefore, these parts are expected to be highly modified plastics in their usage as they offer better protection against such factors than conventional paints do.
Interior parts comprise seat pan/frame/backrests and interior trim components like steering wheel covers or console bezels. Usage of molded plastic seats is preferred for vehicles with openable rear cargo compartments as it allows easy cleaning after each journey without having to remove the entire set of seats along with the backrests first.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing automobile production in countries, such as China and India. In 2017, Asia Pacific produced 33% of automobiles globally. Increasing demand for low-cost vehicles in this region is anticipated to drive industry expansion over the coming years.
China dominated industry share in Asia Pacific due to its large automotive market and increased production capacity of key manufacturers including Changan Automobile, Dongfeng Motor Corporation Ltd., Great Wall Motors Co., Ltd., JAC Motors Limited, Maserati SPA & Quattroporte Ghia Company among others since 2014. Moreover, favorable government policies encouraging investments from domestic and international players are projected to boost industry growth further over the next eight years (2018– 2030).
Growth Factors:
- Increased demand for lightweight vehicles to improve fuel efficiency
- Rising demand from the developing countries
- Increasing use of plastics in interior and exterior automotive components
- Growing popularity of plastic composites in automotive manufacturing
- Proliferation of electric and hybrid vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Modified Plastics for Automotive Market Research Report
By Type
PP, PU, ABS, PE, PC, Others
By Application
Interior Parts, Exterior Parts, Structural Parts, Others
By Companies
BASF, Avient Corporation, DuPont, Covestro, SABIC, Solvay, Celanese, Asahi Kasei, Polyplastics, LG, Samsung Chemical, DSM, Kingfa, Xingda Holding, XD Plastics Company, Silverage, Shandong Dawn, Zhuzhou Times New Material
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Modified Plastics for Automotive Market Report Segments:
The global Modified Plastics for Automotive market is segmented on the basis of:
Types
PP, PU, ABS, PE, PC, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Interior Parts, Exterior Parts, Structural Parts, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Avient Corporation
- DuPont
- Covestro
- SABIC
- Solvay
- Celanese
- Asahi Kasei
- Polyplastics
- LG
- Samsung Chemical
- DSM
- Kingfa
- Xingda Holding
- XD Plastics Company
- Silverage
- Shandong Dawn
- Zhuzhou Times New Material
Highlights of The Modified Plastics for Automotive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PP
- PU
- ABS
- PE
- PC
- Others
- By Application:
- Interior Parts
- Exterior Parts
- Structural Parts
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Modified Plastics for Automotive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Modified plastics are a type of plastic that has been altered in some way to make it more durable or resistant to degradation. This can include adding chemicals, heat treatments, or other modifications. Modified plastics are often used in automotive applications because they offer better performance than traditional plastics and are less likely to break down over time.
Some of the major companies in the modified plastics for automotive market are BASF, Avient Corporation, DuPont, Covestro, SABIC, Solvay, Celanese, Asahi Kasei, Polyplastics, LG, Samsung Chemical, DSM, Kingfa, Xingda Holding, XD Plastics Company, Silverage, Shandong Dawn, Zhuzhou Times New Material.
The modified plastics for automotive market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Modified Plastics for Automotive Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Modified Plastics for Automotive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Modified Plastics for Automotive Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Modified Plastics for Automotive Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Modified Plastics for Automotive Market Size & Forecast, 2018-2028
4.5.1 Modified Plastics for Automotive Market Size and Y-o-Y Growth
4.5.2 Modified Plastics for Automotive Market Absolute $ Opportunity
Chapter 5 Global Modified Plastics for Automotive Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Modified Plastics for Automotive Market Size Forecast by Type
5.2.1 PP
5.2.2 PU
5.2.3 ABS
5.2.4 PE
5.2.5 PC
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Modified Plastics for Automotive Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Modified Plastics for Automotive Market Size Forecast by Applications
6.2.1 Interior Parts
6.2.2 Exterior Parts
6.2.3 Structural Parts
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Modified Plastics for Automotive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Modified Plastics for Automotive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Modified Plastics for Automotive Analysis and Forecast
9.1 Introduction
9.2 North America Modified Plastics for Automotive Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Modified Plastics for Automotive Market Size Forecast by Type
9.6.1 PP
9.6.2 PU
9.6.3 ABS
9.6.4 PE
9.6.5 PC
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Modified Plastics for Automotive Market Size Forecast by Applications
9.10.1 Interior Parts
9.10.2 Exterior Parts
9.10.3 Structural Parts
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Modified Plastics for Automotive Analysis and Forecast
10.1 Introduction
10.2 Europe Modified Plastics for Automotive Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Modified Plastics for Automotive Market Size Forecast by Type
10.6.1 PP
10.6.2 PU
10.6.3 ABS
10.6.4 PE
10.6.5 PC
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Modified Plastics for Automotive Market Size Forecast by Applications
10.10.1 Interior Parts
10.10.2 Exterior Parts
10.10.3 Structural Parts
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Modified Plastics for Automotive Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Modified Plastics for Automotive Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Modified Plastics for Automotive Market Size Forecast by Type
11.6.1 PP
11.6.2 PU
11.6.3 ABS
11.6.4 PE
11.6.5 PC
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Modified Plastics for Automotive Market Size Forecast by Applications
11.10.1 Interior Parts
11.10.2 Exterior Parts
11.10.3 Structural Parts
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Modified Plastics for Automotive Analysis and Forecast
12.1 Introduction
12.2 Latin America Modified Plastics for Automotive Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Modified Plastics for Automotive Market Size Forecast by Type
12.6.1 PP
12.6.2 PU
12.6.3 ABS
12.6.4 PE
12.6.5 PC
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Modified Plastics for Automotive Market Size Forecast by Applications
12.10.1 Interior Parts
12.10.2 Exterior Parts
12.10.3 Structural Parts
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Modified Plastics for Automotive Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Modified Plastics for Automotive Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Modified Plastics for Automotive Market Size Forecast by Type
13.6.1 PP
13.6.2 PU
13.6.3 ABS
13.6.4 PE
13.6.5 PC
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Modified Plastics for Automotive Market Size Forecast by Applications
13.10.1 Interior Parts
13.10.2 Exterior Parts
13.10.3 Structural Parts
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Modified Plastics for Automotive Market: Competitive Dashboard
14.2 Global Modified Plastics for Automotive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Avient Corporation
14.3.3 DuPont
14.3.4 Covestro
14.3.5 SABIC
14.3.6 Solvay
14.3.7 Celanese
14.3.8 Asahi Kasei
14.3.9 Polyplastics
14.3.10 LG
14.3.11 Samsung Chemical
14.3.12 DSM
14.3.13 Kingfa
14.3.14 Xingda Holding
14.3.15 XD Plastics Company
14.3.16 Silverage
14.3.17 Shandong Dawn
14.3.18 Zhuzhou Times New Material
