Asia Pacific, Europe and North America into the automotive plastics market three major markets
According to foreign media reports, for today's cars, minivans, SUVs and even high mobility vehicles (HMV), automotive plastics will play an important role in ensuring vehicle safety and excellent performance.
In today's vehicles, plastics account for nearly 50% of the total automotive material, achieving a 10% reduction in the weight of the car, making the vehicle lighter, but also improving the overall fuel efficiency. Automotive plastics are used to manufacture bumpers, seats, dashboards, fuel systems, body sheet metal, automotive interiors, electronic components, exteriors, lighting, upholstery and reservoirs. Asia Pacific is the largest market for automotive plastics, followed by Europe and North America.
According to foreign media reports, for today's cars, minivans, SUVs and even high mobility vehicles (HMV), automotive plastics will play an important role in ensuring vehicle safety and excellent performance. Automotive plastics in durability, strength, scratch resistance, resistance to abrasion (resistance to abrasion) have a good performance, can be recycled. In addition, automotive plastics improve the vibration and noise control of vehicles and can be used in the design, molding and integration of automotive components.
Advantages and applications of automotive plastics
In today's vehicles, plastics account for nearly 50% of the total automotive material, achieving a 10% reduction in vehicle weight, making the vehicle lighter, but also improving the overall fuel efficiency. Automotive plastics are widely used in today's vehicles, aiming to improve passenger safety, comfort and reduce the total manufacturing cost of vehicles.
Automotive plastics are used to manufacture bumpers, seats, dashboards, fuel systems, body sheet metal, automotive interiors, electronic components, exteriors, lighting, upholstery and reservoirs. In addition, rigid and durable automotive plastics are currently being developed, which are expected to increase the number of applications of plastics in automobiles. Plastic is a very good material, and the interior parts made of this material are comfortable to use, durable, beautiful in appearance, and the user satisfaction is high.
Material classification of automotive plastics
Automotive plastics can be divided into the following categories: polypropylene (PP), polyurethane (polyurethanes, PU), polyvinyl-chloride (PVC), polyamide (PA), (Polystyrene, PS), polyethylene (polyethylene, Polyethylene, Polyurethanes). PE), acrylonitrile butadiene styrene (ABS), composite materials, high density polyethylene (HDPE), polycarbonates (polycarbonates, PC), polymethyl methacrylate (PMMA), polyethylene terephthalate (polyethylene terephthalate, PET), acrylonitrile styrene acrylate (ASA) and polybutylene terephthalate (PBT). In the above materials, the share of polypropylene is larger, because the automotive industry has a greater recognition of the material, while the market share of polyurethane and acrylonitrile-butadiene-styrene is second and third respectively.
Global automotive plastics market Top 3
Asia Pacific region is the largest automotive plastics market, Europe and North America are second and third, mainly because: The concentration of passenger car manufacturing industry in the above markets is high, and the demand for passenger cars in China, India and Japan and other Asia-Pacific countries is growing rapidly, which has boosted the market growth of automotive plastics in the industry. In addition, Germany and Italy are the major passenger car manufacturers in Europe, while the United States is the largest automotive market in North America.
The driving forces and constraints of the automotive plastics market
The core driving forces of the automotive plastics market are: 1. Automotive plastics can reduce the total weight of the vehicle, thereby greatly reducing the fuel consumption of the vehicle; 2. Iron and steel prices continue to rise; 3. The strength and durability of current automotive plastics have increased. However, the following factors restrict the growth of the automotive plastics market: 1. High material costs; 2. Car companies are investing heavily in materials such as carbon fiber to replace plastics.
Promising new automotive plastics
Therefore, the market opportunity for automotive plastics falls on the following new materials: polymethyl methacrylate, lightweight polypropylene, thermoplastic materials, biodegradable plastics and reinforced plastics (e.g. GB 266 WG). GB 266 WG is a hard, lightweight material with excellent heat resistance and mechanical properties for automotive parts subjected to high stresses.
Global players in the automotive plastics sector
Key industry players in the automotive plastics market include: Akzo Nobel N.V., BASF SE, Covestro (formerly Bayer Materials Science AG, Bayer MaterialScience AG, Borealis AG, Evonik Industries AG, Grupo Antolin-Irausa S.A., Hanwha Azdel Inc., Johnson Controls Inc., Lear Corporation, Magna International Inc. -, Momentive Performance Materials Inc., Owens Corning of the U.S., Quadrant group of companies, Koninklijke DSM N.V., Saudi Basic Industries Corporation, SABIC, TEIJIN LIMITED, Dow Chemical Company of the United States and Zoltek Companies Inc.