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Thursday, August 31, 2023

Polyamide resin is expected to remain the largest segment in the global automotive under the hood plastic market

An exciting new study from the team of Lucintel found that automotive under the hood plastic market is expected to reach $6.2 billion by 2028 with a CAGR of 4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

The automotive under the hood plastic market is segmented based on application, vehicle type, resin type, and region. In this market, polyamide resin is expected to remain the largest resin type. Players can benefit from the available opportunities like increasing use of plastic content per vehicle coupled with stringent government regulations to reduce carbon emissions and increasing fuel efficiency.

Increasing trend of bike sharing, development of folding automotive under the hood plastics, and custom fit automotive under the hood plastics are emerging trends having impact on dynamics of the industry.

BASF, Lyondellbassell, EI Du Pont de Nemours.Co, and Borealis are some of the major players profiled in this 261 page report.

Some of the Key Questions answered in this exclusive report are:

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 What are the business risks and threats to the automotive under the hood plastic market?

Q.4 What are some changing demands of customers in the automotive under the hood plastic market?

Q.5 What are the new developments in the automotive under the hood plastic market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this automotive under the hood plastic area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this automotive under the hood plastic market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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