Automotive Plastics Market Size, Share And Major Industry Players Forecast (2020-2027) The global automotive plastics market size is expected to hit USD 53.85 billion by 2027. This is attributable to the rising automotive sector and the growing demand for additive manufacturing in automotive sector during the forecast period. This information is published by Fortune Business Insights, in its latest report, titled, “Automotive Plastics Market Size, Share & COVID-19 Impact Analysis, By Type (Polypropylene, Polyurethane, Polyamide, Polyvinylchloride, Acrylonitrile Butadiene Styrene, Polycarbonate, Polyethylene, and Others), By Application (Interior, Exterior, and Under Bonnet), and Regional Forecast, 2020-2027.” The report further observes that the market stood at USD 40.91 billion in 2019 and is likely to exhibit a CAGR of 5.3% between 2020 and 2027. Automotive plastics are type of polymers adopted in the production of automobiles. Generally, four types of plastics are used such as polyurethane, PVC, polypropylene, and polyamides. The plastics are mostly used to reduce the vehicle weight that lead to better fuel consumption and performance. What does the Report Include? The market report includes detailed quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. In addition to this, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. Furthermore, it includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce novel products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years. DRIVING FACTORS Increasing Adoption of Advanced Technologies to Favor Growth The growing demand for fuel-efficient automobiles is propelling the manufacturers to adopt advanced technologies such as additive manufacturing. The increasing adoption of 3D printing technology to develop lightweight and advanced plastic products is expected to drive the demand for advanced automotive plastics across the globe. In addition to this, high disposable income and the improved living standards of the people globally is driving the sales of automotive that will contribute to the growth of the global automotive polymers market during the forecast period. SEGMENTATION Exterior Segment Held 28.1% of Market Share in 2019 The exterior segment, based on application, held a market share of about 28.1% in 2019 and is likely to gain momentum backed by the surging adoption of automotive plastics in the exterior of vehicles to prevent corrosion and deformation of components. Information Source: - https://www.fortunebusinessinsights.com/automotive-plastics-market-102023

Beaker Market Size | SWOT Analysis and Key Development According to the Straits Research, Beaker Market Size is Projected to grow at a CAGR of 6.3% during the forecast period. Get Free Request Sample Report @ https://straitsresearch.com/report/beaker-market/request-sample

The global adhesives and sealants market size stood at USD 62.63 billion in 2021. The market could surge from USD 65.38 billion in 2022 to USD 92.29 billion by 2029 at a 5.0% CAGR during the forecast period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Adhesives and Sealants Market, 2022-2029.” According to an analysis, adhesives, and sealants have become sought-after across the automotive, construction, and consumer sectors. Leading companies could invest in advanced technologies to boost their portfolios. To illustrate, in May 2020, Creative Materials, Inc. rolled out a new gold conductive ink adhesive, 128-24, that reportedly provides high effectiveness with less gold. Information Source - https://www.fortunebusinessinsights.com/industry-reports/adhesives-and-sealants-market-101715 Segments Water-based Adhesives to Gain Ground with Soaring Demand from Packaging With respect to adhesive technology, the market is segmented into solvent-based, water-based, reactive, hot-melt, and others. The water-based adhesives segment could account for a considerable share of the global market due to the rising demand from the paper, packaging, and plastic sectors. Silicone Sealant to Remain Dominant Due to Water Resistance & Flexibility Properties In terms of sealant resin, the market is segregated into polyurethane, silicone, polysulfide, emulsion, and others. The silicone segment could account for the largest share of the global market on the back of tremendous water resistance properties. Moreover, the rising demand from the construction sector will encourage investments globally. Paper & Packaging to be Sought-after Due to Surging Demand for Packaged Food On the basis of the adhesive end-use industry, the market is classified into woodworking, building & construction, paper & packaging, consumer/DIY, leather & footwear, automotive & transportation, and others. The paper & packaging segment could garner the largest share on the back of soaring demand for packaged food. Building & Construction to Gain Impetus with Expanding Applications in Ceiling and Flooring With regards to the sealant end-use industry, the market is divided into automotive & transportation, building & construction, consumer, and others. The building & construction segment will grow with rising applications in ceiling and flooring. Report Coverage The report offers a comprehensive perspective of the market size, share, revenue, and volume. It has deep-dived into SWOT analysis. Quantitative and qualitative assessments have provided a holistic view of the market. The primary interviews validate assumptions, findings, and prevailing business scenarios. The report also includes secondary resources such as annual reports, press releases, white papers, and journals. Drivers and Restraints Burgeoning Urbanization and Rising R&D Activities to Drive Innovations The adhesives and sealants market share will be pronounced during the forecast period, largely due to exponential growth in population and urbanization. Asia Pacific could provide promising growth opportunities following the expansion of R&D activities and localized production. Besides, the U.S. market could gain traction from the growth of housing sectors, urbanization, and robust policies. Prominently, the trend for electronic devices, including smartphones, electronic components, and laptops will augur well for the business outlook. Meanwhile, the use of an increased amount of chemicals in the adhesives and sealants production could impede the industry growth.

SWOT Analysis for Trade Shows : Unleashing Business Opportunities https://xpostandsworldwide.blogspot.com/2023/06/SWOT%20Analysis%20for%20Trade%20Shows.html