Key Companies Covered in the Automotive Additives Market Research are ExxonMobil Corp., Akzo Nobel N.V., Covestro AG, The Dow Chemical Company, BASF SE, Sabic, Lanxess, and Solvay SA and other key market players.
Report Ocean published a new report on the Automotive Additives Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Automotive Additives Market industry valued approximately USD 5.92 billion in 2016 is anticipated to grow with a healthy growth rate of more than 6.88% over the forecast period 2017-2025.
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Acquisitions and effective mergers are strategies adopted by major manufacturers. New product launches and focus on continuous technology innovations are also some strategies adopted by the key players. The companies are also trying to dominate the market by investing in research and development.
The factors like the rising needs for lightweight vehicles and electrification of vehicles in most of the developing countries are fueling the sales of vehicles because of which, it propels the growth of automotive additive market growth. Other factors affecting the growth include enhancements in fuel and energy efficiency.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
Plastic Additives: > Plasticizers > Anti-Scratch > Stabilizers > Antioxidants
Application: > Exterior > Interior > Under the Hood
Plastic: > Polypropylene (PP) > Polyurethane (PUR) > Poly-Vinyl Chloride (PVC) > Acrylonitrile Butadiene Styrene (ABS)
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Vehicle Type: > Passenger Car > Light Commercial Vehicle > Heavy Commercial Vehicle > Electric Vehicle
Regions: > North America o U.S. o Canada > Europe o UK o Germany > Asia Pacific o China o India o Japan > Latin America o Brazil o Mexico > Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year – 2015 Base year – 2016 Forecast period – 2017 to 2025
Target Audience of the Automotive Additives Market Study
> Key Consulting Companies & Advisors > Large, medium-sized, and small enterprises > Venture capitalists > Value-Added Resellers (VARs) > Third-party knowledge providers > Investment bankers > Investors
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What is the goal of the report?
The market report presents the estimated size of the ICT market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyses the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
What is the key information extracted from the report?
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