Automotive Plastics Market for Passenger Cars Worth $47.33 Billion by 2023 - Seite 2

Asia Pacific is estimated to account for the largest share of the Automotive Plastics Market for Passenger Cars during the forecast period, in terms of value. 

The Automotive Plastics Market for Passenger Cars has been studied for North America, Europe, Asia Pacific, South America, and the Middle East & Africa. The Asia Pacific region is estimated to account for the largest share of the Automotive Plastics Market for Passenger Cars and is also projected to grow at the highest CAGR during the forecast period, in terms of value. The growth of the Asia Pacific Automotive Plastics Market for Passenger Cars can be attributed to the increasing demand for plastic materials for passenger vehicles from various countries of the region, such as China, India, and Thailand. There has been an increasing demand for lightweight automotive components from Asia Pacific countries, which, in turn, will lead to the growth of the Asia Pacific Automotive Plastics Market for Passenger Cars.

Key players operating in the Automotive Plastics Market for Passenger Cars include Magna International Inc. (Canada), Lear Corporation (US), Adient plc (Ireland), BASF SE (Germany), Compagnie Plastic Omnium (France), Borealis AG (Austria), Covestro AG (Germany), Evonik Industries AG (Germany), SABIC (Saudi Arabia), and Grupo Antolin-Irausa S.A. (Spain).

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