TechNavio today launched its report Global Automotive Plastics Market for Passenger Vehicles 2011“2015 based on an in-depth study focusing on the Europe and APAC regions. The report aims to aid decision makers™ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio™s Automotive team said; The immense growth in the number of electric vehicles will be one of the major trends in the Automotive market over the coming years, and this will have enormous influence on plastics. Moreover, the high prevalence of small electric cars suits plastics usage, as they are well placed to meet the performance requirements in this market. This generates opportunities for plastics in various ways from battery housings to battery separators.
According to the report, the increasing demand for the reduction of automobile weight by replacing the heavier materials such as iron and steel with lighter material such as plastics and aluminum is one of the major drivers for the Global Automotive Plastics market for Passenger Vehicles.
Further, the report also discusses that recycling of automotive plastic parts constitutes as a major challenge for the Global Automotive Plastics market for Passenger Vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-automotive-plastics-market-passenger…
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TechNavio Announces the Publication of its Report “ Global Automotive Plastics Market for Passenger Vehicles 2011“2015
