Automobile Plastic a

Potential for weight reduction of vehicles and reduction in fuel utilisation by reducing the weight of the vehicle have led to increasing use to plastic and fibre material in the automotive industry. The global market for such materials Is mainly driven by passenger car production and increasing utilization of automotive plastics and fibres in vehicle designs. The use of plastics and fibres in interior, exterior, and under bonnet components of automobiles help in weight reduction, improve aesthetics, vibration and noise control, and cabin insulation. The properties of these materials such as easy mouldability, recyclability, scratch resistance, high volume to weight resistance, thermal stability, impact strength, and resistance to abrasion make them suitable for use in automobiles.

The report classifies and defines the automobile plastic and fibre market in terms of volume and value. This report provides comprehensive analysis and insights on automotive plastics and fibres (both - qualitative and quantitative). The report highlights potential growth opportunities in the coming years as well as it covers review of the market drivers, restraints, growth indicators, challenges, legislation trends, market dynamics, competitive landscape and other key aspects. The key players in automotive plastic and fibre material market have also been identified and profiled.