Lucintel’s latest market report analyzed that automotive under the hood plastic provides attractive opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle segments. The automotive under the hood plastic market is expected to reach $6.2 billion by 2028 with a CAGR of 4%. In this market, polyamide resin is the largest segment by resin type. Increasing trend of bike sharing, development of folding automotive under the hood plastics, and custom fit automotive under the hood plastics provides strategic growth path in this market.
Based on resin type, the automotive under the hood plastic market is segmented into polyamide, polypropylene, and other plastics. The polyamide resin segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to high resistance to abrasion, low friction characteristics, electrical resistance, and heat and chemical resistance.
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The Automotive Under the Hood Plastic Market is marked by the presence of several big and small players. Some of the prominent players offering automotive under the hood plastic include BASF, Lyondellbassell, EI Du Pont de Nemours.Co, and Borealis.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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Contact Information:
Roy Almaguer Lucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056
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