The global automotive under the hood plastic market is expected to reach an estimated $3.6 billion by 2023 and it is forecast to grow at a CAGR of 2.7% from 2018 to 2023

NEW YORK, Feb. 28, 2018 /PRNewswire/ — Read the full report: https://www.reportlinker.com/p05308387

The future of the global automotive under the hood plastic market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle segments. The global automotive under the hood plastic market is expected to reach an estimated $3.6 billion by 2023 and it is forecast to grow at a CAGR of 2.7% from 2018 to 2023. The major drivers of growth for this market are increasing demand for lightweight materials for OEM’s to reduce vehicle weight, increasing vehicle production, and stringent government regulations on fuel economy and emissions.

Emerging trends, which have a direct impact on the dynamics of the automotive under the hood plastic industry, include development of carbon fiber imposed plastics, and development of cellulose enabled hybrid composites.

Global Automotive Under the Hood Plastic Market Trends
Global Automotive Under the Hood Plastic Market Forecast
Growth Opportunities for the Global Automotive Under the Hood Plastic Market by Region

The study includes the automotive under the hood plastic market size and forecast for the global automotive under the hood plastic market through 2023, segmented by application, vehicle type, resin type, and region, as follows:

Automotive Under The Hood Plastic Market by Application Type ($ Million and kilotons from 2012 to 2023)
Air Intake
Manifolds
Engine Covers
Rocker Covers
Front End Module
Other Components

Automotive Under The Hood Plastic Market by Vehicle Type ($ Million and kilotons from 2012 to 2023)
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

Automotive Under The Hood Plastic Market by Resin Type ($ Million and Kilotons from 2012 to 2023)
Polyamides
Polypropylenes
Other Plastics

Automotive Under The Hood Plastic Market by Region ($ Million and Thousand Units from 2012 to 2023)
North America US Canada Mexico Europe Germany France Russia United Kingdom Asia Pacific China Japan South Korea India Indonesia The Rest of the World Brazil Argentina

Some of the automotive under the hood plastic companies profiled in this report include BASF SE, Lyondellbassell, EI Du Pont de Nemours.
Co, Borealis AG and others.

On the basis of its comprehensive research, Lucintel forecasts that the engine cover and front end module application will show above average growth during the forecast period.


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Passenger car, light commercial vehicle, and heavy commercial vehicle are the major vehicle segments of the automotive under the hood plastic market. Passenger car is expected to show above average growth during the forecast period.

Europe is expected to remain the largest region due to increasing use of plastic content per vehicle coupled with stringent government regulations to reduce carbon emissions and increasing fuel efficiency.

Some of the features of “Automotive Under the Hood Plastic Market Report: Trends, Forecast and Competitive Analysis” include:
Market size estimates: Global automotive under the hood plastic market size estimation in terms of value ($M) and volume (KT) shipment.
Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by segments and region.
Segmentation analysis: Global automotive under the hood plastic market size by various applications such as application, vehicle, and resin in terms of value and volume shipment.
Regional analysis: Global automotive under the hood plastic market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions automotive under the hood plastic in the global automotive under the hood plastic market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of automotive under the hood plastic in the global automotive under the hood plastic market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive under the hood plastic market by application (air intake manifolds, engine covers, rocker covers, front end modules, and other components), by vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), resin type (polyamide, polypropylene, and other plastics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this automotive under the hood plastic market?
Q.5. What are the business risks and competitive threats in this automotive under the hood plastic market?
Q.6. What are the emerging trends in this automotive under the hood plastic market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the automotive under the hood plastic market?
Q.8. What are the new developments in the automotive under the hood plastic market? Which companies are leading these developments?
Q.9. Who are the major players in this automotive under the hood plastic market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this automotive under the hood plastic market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the automotive under the hood plastic industry?

Read the full report: https://www.reportlinker.com/p05308387

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