Automotive Bioplastic Market Key players Details

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Automotive Bioplastic Market

• Oct 03,2019

Report Id REP-GB-10531 Status
Published Category Healthcare, Pharmaceuticals
Medical Devices
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Research Methodology (1/2)

• Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
PMR formulates a detailed discussion guide to conduct expert and industry interviews
PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts
PMR conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
PMR delivers industry insights and information in the required format (PDF)

• Identifying key opinion leaders
• Questionnaire design
• In-depth interviews
• Coverage across value chain

• Key industry experts
• Channel study
• Developments
• Market dynamics
• Products
• Conclusions

SOLUTION

• Market participants
• Key strengths
• Product portfolio
• Mapping as per value chain
• Key focus segments

Primary Research
Secondary Research
Paid Publications

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• Company websites
• Company annual reports
• White papers
• Financial reports

includes sources of databases
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Automotive Bioplastic Market 

• Automotive Bioplastic Market is anticipated to
  grow at a CAGR of 11 during 2019 to 2029
• VALLEY COTTAGE, N.Y., (GLOBE NEWSWIRE) -- Future
  Market Insights (FMI) has published a new
  research study on the automotive bioplastic
  market that contains global industry analysis for
  2014 - 2018 and opportunity assessment for 2019 -
  2029. The research study covers the latest
  trends, market influencing factors, key success
  factors, forecasting factors, macroeconomics
  factors, key information, and past market
  scenario. The report examines the automotive
  bioplastic market and delivers critical insights
  for the forecast period of 2019-2029.
• The global automotive bioplastic market is
  estimated to be valued at US 521 Mn in 2019 and
  is expected to increase at a CAGR of 11 during
  the forecast period. As per the comprehensive
  analysis provided in the report, the global
  automotive bioplastic market is anticipated to
  witness considerable growth in the coming years
  owing to the steady increase in the adoption of
  bioplastic materials for various car components.
• Application wise, the interior segment is
  expected to hold prominent value share of the
  global automotive bioplastic market. This segment
  includes seats, dashboard, air-duct, HVAC, and
  other related interior components.

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Automotive Bioplastic Market 

• Automotive bioplastic materials tend to reduce
  dependency on fossil resources, according to
  FMIs analysis. Automotive bioplastic materials
  are not as affected by oil price instability the
  way petroleum-based materials are. Automotive
  bioplastics help reduce the dependency on limited
  fossil resources, which is a key growth driver
  for market, with fuel prices projected to surge
  significantly over the coming years.
• Rising Demand for Electric Vehicles to Create
  High Growth Opportunities
• Increasing environmental awareness and
  inconsistent fuel prices have influenced
  consumers, particularly in developed countries of
  North America and Europe, to opt for electric car
  models, such as plug-in hybrid electric vehicles
  (PHEV) and battery electric vehicles (BEV).
  Growing urban population, incentives for use of
  electric vehicles, reducing battery prices,
  strengthening transportation infrastructure in
  developed and emerging countries, and
  inter-governmental steps for electric vehicles
  are further driving the adoption of electric
  cars. This, in turn, is anticipated to contribute
  to the demand for automotive bioplastic materials
  during the forecast period.

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Automotive Bioplastic Market 

• Governments have put immense pressure on
  automotive manufactures to reduce vehicle weight
  to achieve fuel economy. Nowadays, weights of
  vehicle modules in newer vehicles are much
  lighter than conventional ones, which had metal
  bodywork. It has been observed that these were
  nearly twenty percent heavier than todays
  modules. Companies are heavily investing in
  research development and manufacturing
  strategies to reduce the weight of several body
  components. OEMs prefer bioplastic-based
  materials over conventional raw materials (steel)
  for specific applications as these help reduce
  the weight of the vehicle significantly and have
  other technological advancements over other
  materials.
• The report highlights some of the prominent
  market players, who have established themselves
  as leaders in the global automotive bioplastic
  market. Few examples of key players in the
  automotive bioplastic market are Mitsubishi
  Chemical Corporation, Total Cobion PLA,
  NatureWorks LLC, Solvay Group, Eastman Chemical,
  Arkema Group, Braskem, Evonik Industries AG, BASF
  SE, and Dow Chemical Company, among others.
• Press Release Source https//www.globenewswire.co
  m/news-release/2019/10/07/1925831/0/en/Automotive-
  Bioplastic-Market-is-anticipated-to-grow-at-a-CAGR
  -of-11-during-2019-to-2029-Future-Market-Insights.
  html

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Automotive Bioplastic Market 

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