Engineered Thermoplastic for Automotive Trends and forecast
The future of the global engineered thermoplastic for automotive market looks promising with opportunities in the commercial vehicle and passenger vehicle markets. The global engineered thermoplastic for automotive market is expected to grow with a CAGR of 12.7% from 2024 to 2030. The major drivers for this market are integration of smart materials and the development of 3D-printed components using thermoplastics, shift towards electric vehicles, as well as, growing emphasis on lightweighting to increase fuel economy and lower emissions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Engineered Thermoplastic for Automotive by Segment
The study includes a forecast for the global engineered thermoplastic for automotive by type, application, and region.
Engineered Thermoplastic for Automotive Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Polyetheretherketone
• Polyetherimide
• Polytetrafluoroethylene
• Polyphenylene Sulfide
• Polyoxymethylene
• Others
Engineered Thermoplastic for Automotive Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Commercial Vehicle
• Passenger Vehicle
Engineered Thermoplastic for Automotive Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Engineered Thermoplastic for Automotive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies engineered thermoplastic for automotive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the engineered thermoplastic for automotive companies profiled in this report include-
• Atlas Fibre
• Changchun
• BASF
• Sabic
• DuBay Polymer
• Ticona
• Kanghui
Engineered Thermoplastic for Automotive Market Insights
Lucintel forecasts that polyetheretherketone is expected to witness the highest growth over the forecast period.
Within this market, commercial vehicle is expected to witness the higher growth.
North America is expected to witness highest growth over the forecast period.
Features of the Global Engineered Thermoplastic for Automotive Market
Market Size Estimates: Engineered thermoplastic for automotive market size estimation in terms of value ($B).
Trend and forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Engineered thermoplastic for automotive market size by type, application, and region in terms of value ($B).
Regional Analysis: Engineered thermoplastic for automotive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the engineered thermoplastic for automotive market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the engineered thermoplastic for automotive market.
Analysis of competitive intensity of the industry based on Porter’s Five forces model.
Preguntas frecuentes
Q1. What is the growth forecast for engineered thermoplastic for automotive market?
Answer: The global engineered thermoplastic for automotive market is expected to grow with a CAGR of 12.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the engineered thermoplastic for automotive market?
Answer: The major drivers for this market are integration of smart materials and the development of 3D-printed components using thermoplastics, shift towards electric vehicles, as well as, growing emphasis on lightweighting to increase fuel economy and lower emissions.
Q3. What are the major segments for engineered thermoplastic for automotive market?
Answer: The future of the global engineered thermoplastic for automotive market looks promising with opportunities in the commercial vehicle and passenger vehicle markets.
Q4. Who are the key engineered thermoplastic for automotive market companies?
Answer: Some of the key engineered thermoplastic for automotive companies are as follows:
• Atlas Fibre
• Changchun
• BASF
• Sabic
• DuBay Polymer
• Ticona
• Kanghui
Q5. Which engineered thermoplastic for automotive market segment will be the largest in future?
Answer: Lucintel forecasts that polyetheretherketone is expected to witness the highest growth over the forecast period.
Q6. In engineered thermoplastic for automotive market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the engineered thermoplastic for automotive market by type (polyetheretherketone, polyetherimide, polytetrafluoroethylene, polyphenylene sulfide, polyoxymethylene, and others), application (commercial vehicle and passenger vehicle), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Engineered Thermoplastic for Automotive Market, Engineered Thermoplastic for Automotive Market Size, Engineered Thermoplastic for Automotive Market Growth, Engineered Thermoplastic for Automotive Market Analysis, Engineered Thermoplastic for Automotive Market Report, Engineered Thermoplastic for Automotive Market Share, Engineered Thermoplastic for Automotive Market Trends, Engineered Thermoplastic for Automotive Market Forecast, Engineered Thermoplastic for Automotive Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.