Automotive Plastics Market for Passenger Cars
Global Automotive Plastics Market for Passenger Cars: Regional Analysis
The geographical representation of the global automotive plastics market for passenger cars is given by North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia- Pacific is considered as the major market for automotive plastics passenger cars owing to higher demand for these cars in this region. It is further expected to hold this position in the next few years. In addition, Asia Pacific is the largest producer and consumer of polypropylene globally. Europe is another region growing at a faster rate owing to enhancing socio-economic conditions. Other developing countries such as Indonesia, Thailand, China, and India are anticipated to continue their influence in the near future, positively impacting global automotive plastics market for passenger cars.
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Global Automotive Plastics Market for Passenger Cars: Competitive Players
Major players in the global automotive plastics market for passenger cars are Lear Corporation, AkzoNobel N. V., Grupo Antolin-Irausa S. A., Magna International Incorporated, BASF SE, Johnson Controls, Bayer MaterialScience AG, Evonik Industries, and Borealis AG. Other players include Teijin limited, The Dow Chemical Company, Momentive Performance Materials Inc., SABIC, and Royal DSM N. V.