Report Scope:
The scope of the report covers the overview and clear understanding of the automotive plastics market scenario in Asia-Pacific and analysis of market trends in the region, with market data considering 2018 as the base year, 2019 as the estimate year and forecast for 2024 with projection of CAGR from 2019 to 2024. Market estimates represent revenue by plastic manufacturers for automotive segments in Asia-Pacific. This report considers passenger vehicles and light and heavy commercial vehicles within the automotive industry. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.
The report covers discussion of technological and economic trends that are affecting the automotive plastics market in Asia-Pacific. It also explains the major drivers and current trends within the automotive plastics industry and presents the growth forecasts for the next five years. The market is further segmented and forecasted for major countries in the Asia-Pacific region. The report also includes discussion of the types of plastics used in different end-uses in the automotive industry. The report concludes with a special focus on the profiles of the major manufacturers operating in the Asia-Pacific automotive plastics market.
Report Includes:
- 71 data tables and 25 additional tables
- An overview of Asia-Pacific markets for plastic products
- Analyses of market trends, with data from 2018, 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Evaluation of market size and forecast for automotive plastics, by type and applications in terms of value and volume
- A look at the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
- Examination of factors driving the growth of automotive plastics market in Asia-Pacific
- Detailed profiles of major players in the market, including Arkema SA, BASF SE, Celanese Corp., DowDuPont Inc., Teijin Ltd. and Magna International Inc.
Summary
Plastics, especially high-performance plastics, have excellent temperature stability and metal replacement potential, and are thus being used widely in the automotive and aviation industries. Some high-performance plastics are being widely used as they have outstanding flame-retardant features and stability in harsh situations. These features allow them to be used for parts which are exposed to high temperatures in the automotive, aviation, rail and marine industries.
Engineers have been replacing metals and other traditional materials with plastics to cope with the changing market conditions in the automotive industry to reduce weight of vehicles, enhance fuel efficiency, cut down fuel emissions, and reduce material-related failures, downtime, and maintenance in the automotive industry, among other reasons. Thus, the booming automotive industry is likely to drive the automotive plastics market in Asia-Pacific in the coming years.
The average weight of plastic in a car is generally more than REDACTED% of the total vehicle weight and the figure is set to increase to more than REDACTED% in the coming years. The use of plastic materials in the automotive industry has already increased, and REDACTED% more plastics are currently used as compared to 2014. The weight of plastics in vehicles will continue to increase beyond REDACTED kg by 2020. Every REDACTED% decrease in vehicle weight results in a REDACTED% to REDACTED% decrease in the usage of fuel. Some other benefits of the usage plastics in vehicles include -
- Minimum corrosion, allowing longer vehicle life.
- Substantial design freedom, allowing advanced creativity and innovation.
- Flexibility in integrating components.
- Safety, comfort and economy.
- Recyclability
Such advantages offered by the plastics enable them to also be used in interior applications, applications which involve high temperatures, and other corrosive fluid contact applications in the automotive, aviation, rail and marine segments. The use of plastics in the automotive industry is ever increasing with the demand on the industry to reduce weight and increase fuel efficiency.
Automotive Plastics: Asia-Pacific Markets
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Scope of Report
Methodology
Country Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview and Dynamics
Overview
Evolution
Lightweighting of Vehicles
Need for Lightweighting
Benefits of Lightweighting
Factors Driving the Growth of the Automotive Plastics Market in Asia-Pacific
Replacement of Traditional Materials and Part Integration
Increasing Demand for Lightweight Vehicles
Rising Concerns for Passenger Safety
Plastics Provide Comfort and Cost-Effective Design Opportunities
Cutting Edge Innovations and Sustainability
Plastics Recovery at the End of Life
Energy Savings and Reduction of CO2 Emissions
Other Factors That Affect the Automotive Plastics Market
Consumption Pattern of Plastics
Rapid Industrialization and Economic Development
Renewable-sourced or Bio-based Materials for the Automotive Industry
Volatility in the Plastics Industry
Future Outlook
Chapter 4 Market Breakdown by Polymer Type
Overview
Market Size Estimation and Forecast, by Type
Polypropylene (PP)
Overview
Advantages and Disadvantages
Major Companies Producing Polypropylene
Applications in the Automotive Industry
Market Size Estimation and Forecast, by Country
Polyurethane (PU)
Overview
Advantages and Disadvantages
Major Manufacturers
Applications in the Automotive Industry
Market Size Estimation and Forecast, by Country
Polyvinyl Chloride (PVC)
Overview
Advantages and Disadvantages
Major Manufacturers
Applications in Automotive Industry
Market Size Estimation and Forecast, by Country
Acrylonitrile-Butadiene-Styrene (ABS)
Overview
Major Manufacturers
Applications in the Automotive Industry
Market Size Estimation and Forecast, by Country
High-Density Polyethylene (HDPE)
Overview
Advantages and Disadvantages
Major Manufacturers
Use in the Automotive Industry
Market Size Estimation and Forecast, by Country
Poly (methyl methacrylate) (PMMA)
Overview
Advantages and Disadvantages
Major Manufacturers
Applications in Automotive Industry
Market Size Estimation and Forecast, by Country
Polycarbonate (PC)
Overview
Major Manufacturers
Applications in the Automotive Industry
Market Size Estimation and Forecast, by Country
Others
Market Size Estimation and Forecast, by Country
Chapter 5 Market Breakdown by Application
Overview
Market Size Estimation and Forecast, by Application
Interior
Market Size Estimation and Forecast, by Country
Exterior
Market Size Estimation and Forecast, by Country
Electrical Components
Market Size Estimation and Forecast, by Country
Under the Hood Components
Major Challenges
Market Size Estimation and Forecast, by Country
Other Applications
Market Size Estimation and Forecast, by Country
Chapter 6 Market Breakdown by Vehicle Type
Overview
Market Size Estimation and Forecast, by Vehicle Type
Passenger Cars
Market Size Estimation and Forecast, by Country
Light Commercial Vehicles
Market Size Estimation and Forecast, by Country
Heavy Commercial Vehicles
Market Size Estimation and Forecast, by Country
Chapter 7 Market Breakdown by Country
Overview
Market Size Estimation and Forecast, by Country
China
Market Size Estimation and Forecast, by Type
Market Size Estimation and Forecast, by Application
Market Size Estimation and Forecast, by Vehicle Type
India
Market Size Estimation and Forecast, by Type
Market Size Estimation and Forecast, by Application
Market Size Estimation and Forecast, by Vehicle Type
Japan
Market Size Estimation and Forecast, by Type
Market Size Estimation and Forecast, by Application
Market Size Estimation and Forecast, by Vehicle Type
South Korea
Market Size Estimation and Forecast, by Type
Market Size Estimation and Forecast, by Application
Market Size Estimation and Forecast, by Vehicle Type
Indonesia
Market Size Estimation and Forecast, by Type
Market Size Estimation and Forecast, by Application
Market Size Estimation and Forecast, by Vehicle Type
Thailand
Market Size Estimation and Forecast, by Type
Market Size Estimation and Forecast, by Application
Market Size Estimation and Forecast, by Vehicle Type
Australia
Market Size Estimation and Forecast, by Type
Market Size Estimation and Forecast, by Application
Market Size Estimation and Forecast, by Vehicle Type
Rest of Asia-Pacific
Market Size Estimation and Forecast, by Type
Market Size Estimation and Forecast, by Application
Market Size Estimation and Forecast, by Vehicle Type
Chapter 8 Recent Developments
Industry Overview
Recent Developments by Key Companies
Chapter 9 Company Profiles
Overview
ARKEMA SA
AKRO-PLASTIC GMBH
ASAHI KASEI CORP.
BASF SE
BOREALIS AG
CELANESE CORP.
COMPAGNIE PLASTIC OMNIUM
COVESTRO AG
DAICEL POLYMER LTD.
DOWDUPONT
DSM ENGINEERING PLASTICS B.V.
EVONIK INDUSTRIES AG
LANXESS CORP.
LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
MAGNA INTERNATIONAL INC.
RTP CO.
SABIC
TEIJIN LTD.
TORAY INDUSTRIES INC.
Chapter 10 Appendix: Acronyms
Acronyms
List of Tables
Summary Table : Asia-Pacific Market of Automotive Plastics, by Type, Through 2024
Table 1 : Plastics Systems for Automotive Lightweighting Applications
Table 2 : Economic Factors of Major Countries, 2015-2020
Table 3 : Fully Bio-Based Polymers Used in Automotive Applications
Table 4 : Partially Bio-Based Polymers Used in Automotive Applications
Table 5 : Asia-Pacific Market of Automotive Plastics, by Type, Through 2024
Table 6 : Asia-Pacific Market Volumes of Automotive Plastics, by Type, Through 2024
Table 7 : Advantages and Disadvantages of Polypropylene
Table 8 : Asia-Pacific Market Volumes of PP Automotive Plastics, by Country, Through 2024
Table 9 : Advantages and Disadvantages of Polyurethane
Table 10 : Asia-Pacific Market Volumes of PU Automotive Plastics, by Country, Through 2024
Table 11 : Advantages and Disadvantages of Polyvinyl Chloride
Table 12 : Asia-Pacific Market Volumes of PVC Automotive Plastics, by Country, Through 2024
Table 13 : Asia-Pacific Market Volumes of ABS Automotive Plastics, by Country, Through 2024
Table 14 : Advantages and Disadvantages of High-Density Polyethylene
Table 15 : Asia-Pacific Market Volumes of HDPE Automotive Plastics, by Country, Through 2024
Table 16 : Advantages and Disadvantages of Poly (methyl methacrylate)
Table 17 : Asia-Pacific Market Volumes of PMMA Automotive Plastics, by Country, Through 2024
Table 18 : Asia-Pacific Market Volumes of PC Automotive Plastics, by Country, Through 2024
Table 19 : Asia-Pacific Market Volumes of Other Automotive Plastics, by Country, Through 2024
Table 20 : Asia-Pacific Market of Automotive Plastics, by Application, Through 2024
Table 21 : Asia-Pacific Market Volumes of Automotive Plastics, by Application, Through 2024
Table 22 : Major Types of Plastics Used in a Passenger Car
Table 23 : Asia-Pacific Market Volumes of Interior Furnishings of Automotive Plastics, by Country, Through 2024
Table 24 : Asia-Pacific Market Volumes of Exterior Furnishings of Automotive Plastics, by Country, Through 2024
Table 25 : Asia-Pacific Market Volumes of Electrical Components of Automotive Plastics, by Country, Through 2024
Table 26 : Use of Plastics in Under-the-Hood Components
Table 27 : Asia-Pacific Market Volumes of Under-the-Hood Components of Automotive Plastics, by Country, Through 2024
Table 28 : Asia-Pacific Market Volumes of Other Applications of Automotive Plastics, by Country, Through 2024
Table 29 : Asia-Pacific Market of Automotive Plastics, by Vehicle Type, Through 2024
Table 30 : Asia-Pacific Market Volumes of Automotive Plastics, by Vehicle Type, Through 2024
Table 31 : Asia-Pacific Passenger Cars Production, by Country, 2018
Table 32 : Asia-Pacific Market Volumes of Automotive Plastics in Passenger Cars, by Country, Through 2024
Table 33 : Asia-Pacific Light Commercial Vehicles Production, by Country, 2018
Table 34 : Asia-Pacific Market Volumes of Automotive Plastics in Light Commercial Vehicles, by Country, Through 2024
Table 35 : Asia-Pacific Heavy Commercial Vehicles Production, by Country, 2018
Table 36 : Asia-Pacific Market Volumes of Automotive Plastics in Heavy Commercial Vehicles, by Country, Through 2024
Table 37 : Asia-Pacific Automotive Plastics Market, by Type, Through 2024
Table 38 : Asia-Pacific Automotive Plastics Market Volume, by Country, Through 2024
Table 39 : Chinese Market Volumes of Automotive Plastics, by Type, Through 2024
Table 40 : Chinese Market Volumes of Automotive Plastics, by Application, Through 2024
Table 41 : Chinese Market Volumes of Automotive Plastics, by Vehicle Type, Through 2024
Table 42 : Indian Market Volumes of Automotive Plastics, by Type, Through 2024
Table 43 : Indian Market Volumes of Automotive Plastics, by Application, Through 2024
Table 44 : Indian Market Volumes of Automotive Plastics, by Vehicle Type, Through 2024
Table 45 : Japanese Market Volumes of Automotive Plastics, by Type, Through 2024
Table 46 : Japanese Market Volumes of Automotive Plastics, by Application, Through 2024
Table 47 : Japanese Market Volumes of Automotive Plastics, by Vehicle Type, Through 2024
Table 48 : South Korean Market Volumes of Automotive Plastics, by Type, Through 2024
Table 49 : South Korean Market Volumes of Automotive Plastics, by Application, Through 2024
Table 50 : South Korean Market Volumes of Automotive Plastics, by Vehicle Type, Through 2024
Table 51 : Indonesian Market Volumes of Automotive Plastics, by Type, Through 2024
Table 52 : Indonesian Market Volumes of Automotive Plastics, by Application, Through 2024
Table 53 : Indonesian Market Volumes of Automotive Plastics, by Vehicle Type, Through 2024
Table 54 : Thai Market Volumes of Automotive Plastics, by Type, Through 2024
Table 55 : Thai Market Volumes of Automotive Plastics, by Application, Through 2024
Table 56 : Thai Market Volumes of Automotive Plastics, by Vehicle Type, Through 2024
Table 57 : Australian Market Volumes of Automotive Plastics, by Type, Through 2024
Table 58 : Australian Market Volumes of Automotive Plastics, by Application, Through 2024
Table 59 : Australian Market Volumes of Automotive Plastics, by Vehicle Type, Through 2024
Table 60 : Rest of Asia-Pacific Market Volumes of Automotive Plastics, by Type, Through 2024
Table 61 : Rest of Asia-Pacific Market Volumes of Automotive Plastics, by Application, Through 2024
Table 62 : Rest of Asia-Pacific Market Volumes of Automotive Plastics, by Vehicle Type, Through 2024
Table 63 : Developments of Key Companies, 2016-2018
Table 64 : Arkema SA: Company Financials, 2016-2018
Table 65 : Arkema SA: Products
Table 66 : Asahi Kasei Corp.: Company Financials, 2016-2018
Table 67 : Asahi Kasei Corp.: Products
Table 68 : BASF: Company Financials, 2016-2018
Table 69 : BASF: Products
Table 70 : Borealis AG: Company Financials, 2016-2018
Table 71 : Celanese Corp: Company Financials, 2015-2017
Table 72 : Celanese Corp.: Products
Table 73 : Compagnie Plastic Omnium: Company Financials, 2016-2018
Table 74 : Compagnie Plastic Omnium: Products
Table 75 : Covestro AG: Company Financials, 2016-2018
Table 76 : Covestro AG: Products
Table 77 : Daicel Polymer Ltd.: Products
Table 78 : DowDuPont: Company Financials, 2015-2017
Table 79 : DowDuPont: Products
Table 80 : Royal DSM: Company Financials, 2016-2018
Table 81 : Evonik Industries AG: Company Financials, 2016-2018
Table 82 : Evonik Industries AG: Products
Table 83 : Lanxess Corp.: Company Financials, 2016-2018
Table 84 : Lanxess Corp.: Products
Table 85 : LyondellBasell Industries Holdings B.V.: Company Financials, 2016-2018
Table 86 : LyondellBasell Industries Holdings B.V.: Products
Table 87 : Magna International: Company Financials, 2016-2018
Table 88 : Magna International: Products
Table 89 : RTP Co.: Products
Table 90 : SABIC: Company Financials, 2016-2018
Table 91 : Teijin Ltd.: Company Financials, 2016-2018
Table 92 : Teijin Ltd.: Products
Table 93 : Toray Industries Inc.: Company Financials, 2016-2018
Table 94 : Toray Industries Inc.: Products
Table 95 : Acronyms Used in the Asia-Pacific Automotive Plastics Market
List of Figures
Summary Figure : Asia-Pacific Market Shares of Automotive Plastics, by Type, 2018
Figure 1 : Shares of Materials Used in Vehicles as a Percentage of Total Vehicle Weight, 1970-2020
Figure 2 : Plastics Consumption, by Country, 2015-2020
Figure 3 : Asia-Pacific Market Share of Automotive Plastics, by Type, 2018
Figure 4 : Asia-Pacific Market Volume Share of Automotive Plastics, by Type, 2018
Figure 5 : Asia-Pacific Market Volume Shares of PP Automotive Plastics, by Country, 2018
Figure 6 : Asia-Pacific Market Volume Shares of PU Automotive Plastics, by Country, 2018
Figure 7 : Asia-Pacific Market Volume Shares of PVC Automotive Plastics, by Country, 2018
Figure 8 : Asia-Pacific Market Volume Shares of ABS Automotive Plastics, by Country, 2018
Figure 9 : Asia-Pacific Market Volume Shares of HDPE Automotive Plastics, by Country, 2018
Figure 10 : Asia-Pacific Market Volume Shares of PMMA Automotive Plastics, by Country, 2018
Figure 11 : Asia-Pacific Market Volume Shares of PC Automotive Plastics, by Country, 2018
Figure 12 : Asia-Pacific Market Volume Shares of Other Automotive Plastics, by Country, 2018
Figure 13 : Asia-Pacific Market Share of Automotive Plastics, by Application, 2018
Figure 14 : Asia-Pacific Market Volume Shares of Automotive Plastics, by Application, 2018
Figure 15 : Asia-Pacific Market Volume Shares of Interior Furnishings of Automotive Plastics, by Country, 2018
Figure 16 : Asia-Pacific Market Volume Shares of Exterior Furnishings of Automotive Plastics, by Country, 2018
Figure 17 : Asia-Pacific Market Volume Shares of Electrical Components of Automotive Plastics, by Country, 2018
Figure 18 : Asia-Pacific Market Volume Shares of Under-the-hood Components of Automotive Plastics, by Country, 2018
Figure 19 : Asia-Pacific Market Volume Shares of Other Applications of Automotive Plastics, by Country, 2018
Figure 20 : Asia-Pacific Market Share of Automotive Plastics, by Vehicle Type, 2018
Figure 21 : Asia-Pacific Market Volume Shares of Automotive Plastics, by Vehicle Type, 2018
Figure 22 : Asia-Pacific Passenger Cars Production, 2014-2018
Figure 23 : Asia-Pacific Market Volume Shares of Automotive Plastics in Passenger Cars, by Country, 2018
Figure 24 : Asia-Pacific Light Commercial Vehicles Production, 2014-2018
Figure 25 : Asia-Pacific Market Volume Shares of Automotive Plastics in Light Commercial Vehicles, by Country, 2018
Figure 26 : Asia-Pacific Heavy Commercial Vehicles Production, 2014-2018
Figure 27 : Asia-Pacific Market Volume Shares of Automotive Plastics in Heavy Commercial Vehicles, by Country, 2018
Figure 28 : Asia-Pacific Market Share of Automotive Plastics, by Type, 2018
Figure 29 : Asia-Pacific Market Volume Shares of Automotive Plastics, by Country, 2018
Figure 30 : Chinese Automotive Production, by Vehicle Type, 2016-2018,
Figure 31 : Chinese Market Volume Shares of Automotive Plastics, by Type, 2018
Figure 32 : Chinese Market Volume Shares of Automotive Plastics, by Application, 2018
Figure 33 : Chinese Market Volume Shares of Automotive Plastics, by Vehicle Type, 2018
Figure 34 : Indian Automotive Production, by Vehicle Type, 2016-2018
Figure 35 : Indian Market Volume Shares of Automotive Plastics, by Type, 2018
Figure 36 : Indian Market Volume Shares of Automotive Plastics, by Application, 2018
Figure 37 : Indian Market Volume Shares of Automotive Plastics, by Vehicle Type, 2018
Figure 38 : Japanese Automotive Production, by Vehicle Type, 2016-2018
Figure 39 : Japanese Market Volume Shares of Automotive Plastics, by Type 2018
Figure 40 : Japanese Market Volume Shares of Automotive Plastics, by Application, 2018
Figure 41 : Japanese Market Volume Shares of Automotive Plastics, by Vehicle Type, 2018
Figure 42 : South Korean Automotive Production, by Vehicle Type, 2016-2018
Figure 43 : South Korean Market Volume Shares of Automotive Plastics, by Type 2018
Figure 44 : South Korean Market Volume Shares of Automotive Plastics, by Application, 2018
Figure 45 : South Korean Market Volume Shares of Automotive Plastics, by Vehicle Type, 2018
Figure 46 : Indonesian Automotive Production, by Vehicle Type, 2016-2018
Figure 47 : Indonesian Market Volume Shares of Automotive Plastics, by Type 2018
Figure 48 : Indonesian Market Volume Shares of Automotive Plastics, by Application, 2018
Figure 49 : Indonesian Market Volume Shares of Automotive Plastics, by Vehicle Type, 2018
Figure 50 : Thai Automotive Production, by Vehicle Type, 2016-2018
Figure 51 : Thai Market Volume Shares of Automotive Plastics, by Type, 2018
Figure 52 : Thai Market Volume Shares of Automotive Plastics, by Application, 2018
Figure 53 : Thai Market Volume Shares of Automotive Plastics, by Vehicle Type, 2018
Figure 54 : Australian Automotive Production, by Vehicle Type, 2016-2017
Figure 55 : Australian Market Volume Shares of Automotive Plastics, by Type 2018
Figure 56 : Australian Market Volume Shares of Automotive Plastics, by Application, 2018
Figure 57 : Australian Market Volume Shares of Automotive Plastics, by Vehicle Type, 2018
Figure 58 : Rest of Asia-Pacific Market Volume Shares of Automotive Plastics, by Type 2018
Figure 59 : Rest of Asia-Pacific Market Volume Shares of Automotive Plastics, by Application, 2018
Figure 60 : Rest of Asia-Pacific Market Volume Shares of Automotive Plastics, by Vehicle Type, 2018
Figure 61 : Arkema SA: Market Share, by Business Segment, 2018
Figure 62 : Asahi Kasei Corp.: Market Share, by Business Segment, 2017
Figure 63 : BASF: Market Share, by Business Segment, 2018
Figure 64 : Borealis AG: Market Share, by Business Segment, 2018
Figure 65 : Celanese Corp.: Market Share, by Business Segment, 2017
Figure 66 : Compagnie Plastic Omnium: Market Share, by Business Segment, 2018
Figure 67 : Covestro AG: Market Share, by Business Segment, 2018
Figure 68 : DowDuPont: Market Share, by Business Segment, 2017
Figure 69 : Royal DSM: Market Share, by Business Segment, 2018
Figure 70 : Evonik Industries AG: Market Share, by Business Segment, 2018
Figure 71 : Lanxess Corp.: Market Share, by Business Segment, 2018
Figure 72 : LyondellBasell Industries Holdings B.V.: Market Share, by Business Segment, 2018
Figure 73 : Magna International: Market Share, by Business Segment, 2018
Figure 74 : Teijin Ltd.: Market Share, by Business Segment, 2018
Figure 75 : Toray Industries Inc.: Market Share, by Business Segment, 2018
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