DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xrkcpq/global_automotive) has announced the addition of the "Global Automotive Plastics Market for Passenger Vehicles 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Automotive Plastics market for Passenger Vehicles to reach US$38.7 billion by 2015. One of the key factors contributing to this market growth is the government initiatives favoring green vehicles. The Global Automotive Plastics market for Passenger Vehicles has also been witnessing emerging demand for electric vehicles. However, recycling of automotive plastic parts poses the biggest challenge in the Global Automotive Plastics market for Passenger Vehicles.
TechNavio's report, the Global Automotive Plastics Market for Passenger Vehicles 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the APAC and Europe regions; it also the Global Automotive Plastics market for Passenger Vehicles landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include The Dow Chemical Co., Bayer MaterialScience AG, AkzoNobel N.V., and BASF SE.
Key Questions Answered in This Report:
- What will the market size be in 2015 and at what rate will it grow?
- What key trends is this market subject to?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the opportunities and threats faced by each of these key vendors?
- What are the strengths and weaknesses of each of these key vendors?
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.
Key Topics Covered:
01. Executive Summary
02. Introduction
03. Market Coverage
04. Market Landscape
05. Geographical Segmentation
06. Vendor Landscape
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/xrkcpq/global_automotive