Drive system and inside and outside decoration applications growing demand is expected to become the main motors of the global industry growth forecast period.Plastic is increasingly used, instead of metals and alloys used in the manufacture of auto parts, to reduce vehicle weight, improve performance and chemical corrosion resistance.We found that almost all of the auto parts can be produced by plastic.At the same time, the fuel standards in Europe and the United States, such as the fuel consumption and emissions evaluation criteria CAFE, aims to improve fuel efficiency, expectations for the growth of plastics in automobile industry has a positive effect.
Leading the global industry in the asia-pacific region, its demand accounted for more than half the world in 2014.China, India and Japan's auto production and after-sale market growth in southeast Asia are considered the main factors of driving demand for auto plastic in the asia-pacific region.Automotive electronic parts and exteriors application account for 70% of the plastic, use the area in 2014.
According to the
Research and MarketsThe report,
The global auto plastic marketThe output value is expected to reach $53.49 billion in 2022.Output of 8.69 million tons, in 2014 and from 2015 to 2022, according to the number will to trend development of the compound annual growth rate of 9.5%.
882500 tons of PP and CPU usage up to 44% of North America in 2014.The United States and Mexico car production increase and increase of the passenger car exports is considered to be the region industry growth drivers.
In 2014, PP material accounted for 25.6% of global auto plastic usage, as the noise and vibration damper and thermal insulation, PP foam is widely used in carpet backing, interior parts, gaskets and seals, and other auto parts.
Automobile electronic parts in 2014 is the highest part of the application of industry revenue, valued at $772.7 million.In this field, plastic consumption also continues to grow, such as housing, sensing, lighting system, switch socket, monitor, etc.
Car headlights lens also by PC material widely substitute for glass.Because glass at high pressure is very fragile, OEM manufacturers choose PC material because of its crushing resistance and heat resistance.
In 2014, the global auto market share is relatively concentrated, plastic four big company occupies 69% market share.The main industry leader has the AkzoNobel akzo Nobel, BASF BASF, SABIC Saudi basic Industries, Bayer MaterialScience Bayer, Quadrant AG across jun, Lear Corp Lear, Borealis AG Borealis, Teijin ltd. Teijin, Johnson Controls, Johnson Controls and Evonik Industries Evonik Industries.
(source: Research and Markets)