Overview of Automotive Additives Market with Latest Trends, Top Players, Revenue, Challenges and Opportunities, Reviewed till 2022

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According to the latest report by Fact.MR, the global market for automotive additives is likely to experience above-average growth. The market is estimated to reach US$ 8,251.8 million revenue by 2022 end.

Rockville, US, 2018-Apr-18 — /EPR Network/ — The global market discussion on automotive additives industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Automotive Additives Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on automotive additives market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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According to the report compiled by Fact.MR, the global automotive additives market is expected to witness steady growth. The market is projected to increase to 5.5% CAGR during the forecast period 2017-2022. Owing to the requirement of right stabilization for the exterior of a vehicle such as rocker panels, tailgates, bumpers, due to long-term exposure to sunlight and heat, there has been an increase in the use of plastic additives. Manufacturers are also focusing on offering new automotive additives that can offer long-term scratch resistance. Below insights show how the global automotive additives market will perform in the next five years.

Plasticizers to be the Most Popular Plastic Additives

Plasticizers plastic additives are likely to gain close to one-third of the revenue share by 2017 end. Plasticizers are estimated to create more than US$ 500 million incremental opportunity during 2017-2022. Although anti-scratch is likely to experience growth in the automotive additives market.

Polypropylene (PP) to be the Highly Preferred Plastic in Automotive additives

Polypropylene (PP) is likely to be one of the highly used plastic in the automotive additives. Polypropylene is estimated to surpass US$ 2,900 million revenue towards 2022 end.

Automotive Additives to Find Largest Application in the Interior of the Vehicle

Interior of the vehicle is likely to be the largest segment for automotive additives applications. Interior application of automotive additives is estimated to bring in nearly US$ 2,700 million revenue by 2022 end. Although automotive additives are also being used on the exterior of a vehicle. Hence, exterior application of automotive additives are likely to experience steady growth.

Compact Passenger Cars to Gain Maximum Revenue Share

Compact passenger cars are likely to gain nearly one-third of the share in terms of the revenue by 2017 end. By 2022 end, compact passenger cars are also estimated to surpass US$ 2,300 million revenue.

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Table of Contents:

  1. Global Automotive Additives Market – Executive Summary
  2. Global Automotive Additives Market Overview
    2.1. Introduction
    2.1.1. Global Automotive Additives Market Taxonomy
    2.1.2. Global Automotive Additives Market Definition
    2.2. Global Automotive Additives Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Automotive Additives Market Y-o-Y Growth
    2.3. Global Automotive Additives Market Dynamics
    2.4. Supply Chain
    2.5. Cost Structure
    2.6. Product Mapping Behavior
    2.7. Raw Material Sourcing Strategy and Analysis
    2.8. List of Distributors
    2.9. Key Participants Market Presence (Intensity Map) By Region
  3. Global Automotive Additives Market Analysis and Forecast By Plastic Additives 
    3.1. Global Automotive Additives Market Size and Forecast By Plastic Additives, 2012-2022
    3.1.1. Plasticizers Automotive Additives Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Anti-Scratch Automotive Additives Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region
    3.1.2.2. Market Share Comparison, By Region
    3.1.2.3. Y-o-Y growth Comparison, By Region

Continued………..

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