Resins in Automotive Market
Resins in Automotive Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Resins in Automotive Market Size and Growth
The resins in the automotive market is experiencing growth due to increasing demand for lightweight materials and sustainable solutions. The market size is projected to reach approximately $15 billion by 2027, driven by innovations in electric vehicles and advancements in composite materials, enhancing performance and fuel efficiency in automotive applications. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Asahi Kasei Advance Corporation
◍ DuPont
◍ Braskem
◍ BASF SE
◍ Daicel Polymer Ltd
◍ Borealis AG
◍ Exxon Mobil Corporation
◍ Covestro AG
◍ Celanese Corporation
◍ Evonik Industries AG
◍ LANXESS
The automotive resin market features key players like Asahi Kasei, DuPont, and BASF. These companies supply advanced materials for lightweighting, durability, and cost-efficiency. Their innovations in polymers and composites enhance vehicle performance and sustainability, driving market growth. Notable sales revenues include DuPont ($20 billion) and BASF ($86 billion).
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Market Segmentation
By Application
◍ Conventional/Traditional Vehicles
◍ Electric Vehicles
By Product
◍ Polycarbonate (PC)
◍ Polymethyl Methacrylate (PMMA)
◍ Polyethylene (PE)
◍ Polyvinyl Chloride (PVC)
◍ Polypropylene (PP)
◍ Polyamide ◍ Other
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Market Growth
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$ X Billion USD
