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Latest Posts Under: Automobile Sector

The Global Polypropylene Market is Predicted to Reach $108.57 billion by 2028

By 2028, the global polypropylene (PP) market is predicted to reach $108.57 billion, at a CAGR of 5.2%. The market is estimated to be around $76 billion by the end of 2021. The market can be segmented bu the following: Type: Copolymer Homopolymer End-User: Automotive Healthcare & Pharmaceuticals Construction Packaging Agriculture Consumer Goods Electronics Region: …

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The Plastics for Electric Vehicle Market is Projected to Grow at a CAGR of 26.9% by 2025!

Thermoplastics polymers offer automobile manufacturers the freedom to create and design parts in various parts and sizes. They have been widely used in vehicles for years to come. From improving the fuel efficiency to reducing the weight of the vehicle, plastics have revolutionized the automobile industry.   With the rising trend of environmental sustainability, automobile …

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Remarkable Benefits of Advanced Plastics in Automobiles

Whether it’s a hatchback, sedan or a high-end sports car, plastics have played a major role in revolutionizing the automobile industry. However, in the quest for developing lighter, safer and fuel-efficient vehicles, automobile manufacturers are now opting for durable and lightweight plastics. Let’s have a look at the benefits of advanced plastics in automobiles and …

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8 Advanced Plastics Used in the Automobile Sector

Automobile Sector

According to a recent study, for every 10% reduction in vehicle’s weight, it reduces fuel usage by 6 to 8%. Due to current environmental and economic concerns, automobile manufacturers are now incorporating more advanced plastic materials so as to reduce weight and make the vehicles more fuel efficient. Advantages that these advanced plastics used in …

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