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The future of the automotive plastics market in South Korea looks promising with opportunities in the passenger cars, light commercial vehicles, and heavy commercial vehicles. The major drivers of growth for this market are increasing demand for lightweight materials for OEMs to reduce vehicle weight in response to stringent government regulations on fuel economy.
Emerging trends, which have a direct impact on the dynamics of the automotive plastics industry, include development of recycling technologies for plastics and replacement of PA 66 with cheaper and advanced PA 6.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this automotive plastics market in South Korea report download the report brochure.
Automotive Plastics Market in South Korea by Segment:
2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Automotive Plastics Market in South Korea:
2014-2025 (US $M) (Randomized Data)
The study includes market size and forecast for the automotive plastics market in South Korea through 2025, segmented by polymer, vehicle type, and application, as follows:
Automotive Plastics Market by Polymer ($ Million and million pounds from 2014 to 2025)
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Polypropylene
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Polyurethane
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Polyamide
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PVC
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ABS
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Polycarbonates
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Polyethylene
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PMMA
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Other Plastics
Automotive Plastics Market by Vehicle Type ($ Million and million pounds from 2014 to 2025)
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Passenger Cars
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Light Commercial Vehicles
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Heavy Commercial Vehicles
Automotive Plastics Market by Application ($ Million and million pounds from 2014 to 2025)
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Interior
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Exterior
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Under the Hood
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Electrical Components
On the basis of its comprehensive research, Lucintel forecasts that the polypropylene, polyurethane, and polyamide segments will show above average growth during the forecast period.
Passenger car, light commercial vehicle, and heavy commercial vehicle are the major vehicle segments of the automotive plastics market. The passenger car segment is expected to show above average growth during the forecast period due to increasing plastic content per vehicle in emerging applications like oil pans, wheel rims, and battery trays.
Some of the features of “Opportunities in the Automotive Plastics Market in South Korea Report 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Automotive plastics market size estimation in terms of value ($M) and volume (Million Pounds) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by polymer, vehicle type, and application.
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Segmentation analysis: Automotive plastics market size by various applications such as polymer, vehicle, and application in terms of value and volume shipment.
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Growth opportunities: Analysis on growth opportunities in different polymer, vehicle type, and application of automotive plastics in the automotive plastics market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 7 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive plastics market by polymer (polypropylene, polyurethane, polyamide, PVC, ABS, polycarbonates, polyethylene, PMMA and other plastics), by vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), and by application (interior, exterior, under the hood and electrical components)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this automotive plastics market?
Q.4. What are the business risks and competitive threats in this automotive plastics market?
Q.5. What are the emerging trends in this automotive plastics market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the automotive plastics market?
Q.7. What are the new developments in the automotive plastics market? Which companies are leading these developments?