Aarkstore Enterprise - India Automotive Plastics Market Forecast _ Opportunities_ 2018 by winaarkstore


									    India Automotive Plastics Market Forecast & Opportunities,
Aarkstore Enterprise (India), 13th September, 2013 : Automotive plastics industry is
one of those sectors whose growth is exclusively dependent on automotive sector and this
sector has attracted all the global auto makers, which has resulted into intense competition.
The automotive manufacturers are inclining towards minimizing manufacturing cost, where
they are opting for plastics over steel due to its cost-effectiveness. Moreover, India is one of
the major producers of automotive plastics, hence during last half a decade, demand for
automotive plastics have reported an exponential growth. The properties of plastics such as
easy mouldability, recyclability, scratch resistance, high volume to weight resistance,
thermal stability, impact strength, and resistance to abrasion makes them suitable for use
in automobiles and as it has many benefits over traditional steal based components, the
plastics in automotive sector are being accepted at large scale in India.

 According to “India Automotive Plastics Market Forecast & Opportunities, 2017”, the Indian
automotive plastics market revenues have grown at the CAGR of around 25% during 2009-
12, which is higher when compared with global growth rate. The consumption of
polypropylene (PP) and polyurethane (PUR) are forecasted to get doubled in terms of
revenues in automotive plastics sector in India during the next five years. Western
region of India is the highest revenue generator to the Indian automotive plastics market
due to existence of automobile manufacturing hub in states, particularly Maharashtra and
Gujarat. The leading automotive plastics manufacturers in India are BASF, Bayer Crop
Sciences, SRF and Dow Chemicals. Rising focus of automobile companies towards reduction
of vehicle’s mass and emission of carbon are driving the Indian automotive plastics market.
“India Automotive Plastics Market Forecast & Opportunities, 2017” discusses the following
aspects related to automotive plastics market expansion in India:

•   Global Automotive Plastic Market Size, Share & Forecast
•   India Automotive Plastic Market Size, Share & Forecast
•   Raw Material Analysis
•   Changing Market Trends & Development
•   Strategic Recommendations & Competitive Landscape

Why you should buy this report

 • To gain an in-depth understanding of automotive plastics market in India.
 • To identify the on-going trends and anticipated growth in the coming years in plastic
industry in India.
 • To help OEMs, industry consultants, spare part manufacturers and dealers to align
their market-centric strategies
 • To obtain research based business decision and add weight to presentations and
marketing materials.
 • To gain competitive knowledge of leading players.
 • To avail 10% customization in the report without any extra charges and get the research
data or trends added in the report as per the buyer’s specific needs.

Report Methodology
 The information contained in this report is based upon both primary and secondary
sources. Primary research included interviews with automotive plastic manufacturers in
India. Secondary research included an exhaustive search of relevant publications like
company annual reports, financial reports, and proprietary databases.

Other Important Reports:

India UPS Market Forecast & Opportunities, 2018

India Faucets Market Forecast & Opportunities, 2018

For More details please contact:
Aarkstore Enterprise

Email: contact@aarkstore.com | customersupport@aarkstore.com
OfficePhone : (+91) 9699492267
24/7 Online Support: (+91) 8149852585

To top