Automotive Additives Market: Global Additives Market for Automotive Industry Research Report Based on Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2022

Automotive additives are being used on a large scale to maintain the vehicle and improve overall performance. Automotive additive manufacturers are using innovative materials. Manufacturers are also producing various types of additives for instance, plastic additives, transmission additives, head gasket sealers, oil additives, etc. however, plastic additives are gaining more popularity in the market, as it offers efficiency, saves costs and offers scratch resistance. An up-to-date research report has been disclosed by FactMR highlighting the titled “Automotive Additives Market: Global Additives Market for Automotive Industry Research Report Based on Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2022” which provides an outlook of current market value as well as the expected forecast including Rate on Investment (ROI) together with growing CAGR of 5.5% during 2017-2022.

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Automotive Additives provide protection to both the exterior and interior components of a vehicle. UV absorbers are witnessing a significant demand in the automotive industry as they reduce photo-degradation and offer exceptional on-tone fading. UV absorbers also protect interior and exterior parts in a vehicle against strong heat and UV light for a long period of time. The demand for anti-dust additives is also increasing due to the rising pollution and off-road driving, resulting in dust and dirt particles on a vehicle. Meanwhile, manufacturers are also focusing on providing anti-scratch additives to increase the lifetime of the vehicle and maintain high-quality appearance, especially in the case of internal automotive parts. Hence, anti-scratch additives help to reduce friction.  Thermal and light stabilizers are also being provided by the automotive additives manufacturers.

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.

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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.

Competition Tracking:

The report also profiles companies that are expected to remain active in the expansion of global automotive additives market through 2022, which include Saudi Basic Industries Corp, Akzo Nobel NV, Covestro AG, LANXESS AG, BASF SE, The Dow Chemical Company, Clariant AG, Solvay SA, Croda International PLC, Evonik Industries AG, ExxonMobil Corporation, and Kaneka Corporation.

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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