efficiency. Metals and other heavy weight elements are being replaced by plastic
which provides the better strength with improved efficiency.
Government Regulations to Control Vehicular Emission
Weight reduction offers a cost-effective method of reducing Greenhouse Gas
(GHG) emissions and fuel consumption hence helping the conservation of non-
renewable crude oil reserves. This increasing need for the plastic component is
anticipated to expand the growth of Automotive Interior Plastic Component
market all across the globe.
However, high cost of advanced plastic materials as compared to aluminum may
hinder the global automotive interior plastic component market during the
forecast period. Besides this, availability of alternatives is likely to restraint the
market growth in the next few years.
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Further, for the in-depth analysis, the report encompasses the industry growth
drivers, restraints, supply and demand risk, market attractiveness, BPS analysis
and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key
players of the global automotive interior plastic component market which includes
company profiling of Braskem SA, Bayer Group, BASF SE, Saudi Basic Industries
Corporation (SABIC), Smiths Plastics (PTY) LTD, PLASTIKON INDUSTRIES,
INC., National Plastics Group, Grupo Antolin, MVC Holdings, LLC, Barkley
Plastics Ltd, Plastic Molding Technology Inc., Productive Plastics, Inc., Tata Sons
Ltd, Nifco Inc. and Other Prominent players. The profiling enfolds key information
of the companies which encompasses business overview, products and services,
key financials and recent news and developments. On the whole, the report depicts
detailed overview of the global automotive interior plastic component market that
will help industry consultants, equipment manufacturers, existing players
searching for expansion opportunities, new players searching possibilities and
other stakeholders to align their market centric strategies according to the ongoing
and expected trends in the future.
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