New Research: Lucintel Predicts a Bright Future for the Automotive Plastics Market

Did you know that Lucintel recently published a market research report entitled “Growth Opportunities in the Global Automotive Plastics Industry”?
This market report for automotive plastics identifies and predicts future opportunities for growth in the global automotive plastics industry for various segments as well as for various regions such as North America, Europe, Asia Pacific, and the Rest of the World. It also identifies growth opportunities for automotive plastics in the passenger cars, light commercial vehicles, and heavy commercial vehicles.
According to Lucintel’s market report, the global automotive plastics market is expected to reach an estimated $25.2 billion by 2023 at a CAGR of 2.6% from 2018 to 2023. Some of the dominant players in the global automotive plastics market are BASF, LyondellBasell, Du Pont. Co, Borealis AG, Dow Chemicals, Solvay, DSM, SABIC, EXXON Mobile and Arkema and others.
There are some interesting developments in global automotive plastics market as competition heats up and players try to increase their market share. Some of the emerging trends shaping the market dynamics include the development of recycling technologies for plastics and replacement of PA 66 with cheaper and advanced PA 6.
Read more about this report at
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