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Published Date: 2013-03-28Number of Pages: 123

Automotive Plastics Market By Product (ABS, PP, PU, PVC, PE, PC, PMMA, PA), By Application (Power Trains, Under the Hood, Electrical Components, Chassis, Furnishing), Bio-based Opportunity (PLA, PHA, PCL, PBS) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 - 2018

Plastics are replacing steel and other materials that have been traditionally used for manufacturing automotive components. This has enabled automotive designers to achieve versatility in designing of electrical, electronic and lighting components along with enhanced styling opportunities and a reduction in overall vehicle weight. This versatility helps to reduce automotive weight and is the most important feature of plastics and is one of the most alluring reasons for replacing steel for the most part in automobiles. Additionally, reduction in manufacturing costs, corrosion resistance, durability, resilience and toughness are very important features of plastics and have enabled replacement of steel in fenders, doors, bumpers and other critical automobile parts. 

Automotive plastics are currently in use in manufacturing electrical components, interior and exterior furnishings, power trains, under the hood components, chassis and other such critical automotive parts. By 2018, the automotive plastics industry is expected to generate revenues of USD 32,985.4 million and is anticipated to grow at a considerably high CAGR during the forecast period. Automotive plastics in electrical components and interior and exterior furnishings are expected to be the major markets for these materials and are at present considered indispensable to the automotive industry. Other applications such as chassis construction, power trains and under the hood components are critical components during the designing stage and hence research and development efforts to introduce better plastics in these applications are a continuous process. 

The most widely used automotive plastics include materials such as polypropylene (PP), polyurethane (PU), acrylonitrile butadiene styrene (ABS), polyethylene (PE), polyvinyl chloride (PVC), polycarbonate (PC), polymethyl methacrylate (PMMA), and polyamides (PA) such as Nylon – 6 and Nylon – 6,6. Other less commonly used plastic materials include polyoxymethylene (POM) and polyethylene terephthalate (PET). Biodegradable plastics are also making headway in the automotive industry and are expected to be a major market in future years with better material stability and longer life spans. The opportunity of biodegradable plastics has been separately analyzed for this market study. The global demand for automotive plastics is mainly driven by the huge demand for automobiles, improved vehicle design capabilities and the growing importance for weight reduction and emission controls. Biodegradable plastics have been analyzed separately as a potential opportunity, the estimates for these plastics have not been included in the overall market estimate and have been provided separately. 

BASF SE, Delphi Automotive PLC, Ascend Performance Materials, AkzoNobel N.V., Evonik Industries, Johnson Control Inc., Magna International Inc., Momentive Performance Materials Inc., Solvay Plastics and others are some of the major manufacturers of automotive plastics.

global-automotive-plastics-market-volumes-share-by-application-2011-and-2018

This report by Transparency Market Research analyzes the automotive plastics market from a global perspective and endeavors to portray a detailed and comprehensive collection of data and its analysis on the basis of various market parameters. The report also strives to compile together a macro-view of the complete demand and supply characteristics of automotive plastics by providing historical data from 2009 and a forecast of market segmentation until 2018 along with detailed analyses of revenues and volumes.

This report covers forecast and analysis for the automotive plastics market on a global and regional level. The study provides historic data of 2011 along with forecast from 2012 to 2018 based on both volumes (kilo tons) and revenue (USD million). The study includes drivers and restraints for the automotive plastics market along with their impact on demand during the forecast period. Additionally, the report includes the study of opportunities available in the market for automotive plastics on the global as well as regional level. The report also encompasses the opportunity for different varieties of biodegradable automotive plastics.

In order to provide the users of this report with a comprehensive view of this market, we have included a detailed value chain analysis listing market players for each entity in the value chain. An analysis of Porter’s Five Forces model has also been included to help understand the competitive landscape in the automotive plastics market. The study encompasses market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate and general attractiveness.

Market estimates for this study have been based on volumes, with revenues being derived through regional pricing trends. The price for commonly utilized product types of automotive plastics such as ABS, PP, PU, PVC, PE, PC, PMMA and PA has been considered, and customized product pricing has not been included. The demand has been derived by analyzing the production of different vehicle types including personal vehicles, heavy commercial vehicles and light commercial vehicles. Demand for automotive plastics has been derived by analyzing the weight ratio of plastic component in relation to total curb weight of respective vehicle types according to regional trends. In order to arrive at volume consumption of automotive plastics in each vehicle type, an average weight of the plastic components were considered for convenience of calculation. The automotive plastics market has been analyzed based on expected demand. The market data for each segment is based on demand volumes and corresponding revenues. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors, and direct selling regional producers. Forecasts have been based on expected demand from product segments, primarily ABS, PP, PU, PVC, PE, PC, PMMA, and PA among others. We have used the bottom-up approach to arrive at the global market, considering individual product segments and integrating these to arrive at the global market. Product segments have been further bifurcated using the top-down approach to derive the regional product market consumption. The study covers manufacturers of automotive plastics. Unorganized sectors have not been considered due to unavailability of reliable data. Inflation has not been considered to estimate the forecast for the automotive plastics market.

The report covers a detailed competitive outlook including market shares and company profiles of key participants operating in the global market. Key players profiled in the report include BASF SE, Delphi Automotive PLC, Ascend Performance Materials, AkzoNobel N.V., Evonik Industries, Johnson Control Inc., Magna International Inc., Momentive Performance Materials Inc., Solvay Plastics and others. Company profiles include attributes such as company overview, financial overview, business strategy, SWOT analysis and recent developments. The market has been segmented as below:

Automotive Plastics Market: Product Segment Analysis
  • Acrylonitrile butadiene styrene (ABS)
  • Polypropylene (PP)
  • Polyurethane (PU)
  • Polyvinyl chloride (PVC)
  • Polyethylene (PE)
  • Polycarbonate (PC)
  • Polymethyl methacrylate (PMMA)
  • Polyamide (PA)
  • Others
Automotive Plastics Market: Application Segment Analysis
  • Power trains
  • Electrical components
  • Interior and exterior furnishings
  • Under the hood
  • Chassis
  • Others
Biodegradable Plastics in Automotives
  • Starch based
  • PLA based
  • PHA based
  • PCL based
  • PBS based
The report provides a cross-sectional analysis of the above applications segments with respect to the following regions:
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World


 
 
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