The global demand for automotive chemicals is largely dependent on the growth and stability of the automotive industry, and thus, the growth patterns of the automotive chemicals market therefore closely resemble the trends in automotive production and sales. The strong and rapidly growing demand from emerging regions such as Asia-Pacific and the Middle East is expected to drive the growth of the automotive chemicals market. This rapid growth is attributed to the increased disposable incomes of consumers in these regions.
This MicroMarketMonitor report provides in-depth, region-specific data for the global automotive chemicals market. The market dynamics, along with the factors that drive the growth of and restrain this market, globally and regionally, have been elaborated upon. These market dynamics shed light upon current and future trends that define the growth of the market.
On the basis of secondary research, the emerging opportunities in this particular market have been identified in the report, thus giving its user an edge over the competition. The report also provides a comprehensive description of the challenges faced by this market. The research study involves the usage of extensive secondary sources: press releases, investment reports, industry white papers, case studies, client testimonials, success cases, presentation, and other publicly available sources, to identify and collect information useful for building this extensive database of the global automotive chemicals market.
Primary sources are mainly several industry experts/key opinion leaders such as CEOs, directors, ex-employees, channel partners, and marketing professionals from core (solutions and services) and related industries. These also include preferred suppliers, manufacturers, system packagers, rental companies, EPC contractors, end-users, standards & certification organizations, and other organizations related to all the segments of this industry’s value chain. The survey and interviews are confined not just to the Tier 1 players, but also include start-ups and prominent players. Primary sources are interviewed to obtain and verify critical qualitative and quantitative inputs on their operations, performance, strategies, revenues, and views on the overall market, including key developments, adoption trends, as well as assessment of current projects and future prospects.
Collated information, analyses, and insights are shared, discussed and validated by market players to ensure accuracy and authenticity. In order to ensure consistency and accuracy, corresponding demand side primary interviews are conducted.
The market has been segmented in terms of geography and submarket, with the main submarket being automotive plastics. The report estimates and analyzes market revenues for the mentioned forecast period, for each segment, and provides a compound annual growth rate (CAGR) for this period. Historical data, which includes market shares and market revenues, for the mentioned period has also been included.
Lastly, key players in this market have been identified, and an extensive competitive landscape has been presented in this report. Along with a general overview of the company, the report also presents its product portfolio, recent developments, growth strategies, financials, growth trends, and market share, and helps the user of this report to determine competition and devise business strategy. Region-specific data enables the identification of saturated markets and those that can be entered to develop a strong foothold.
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Automotive Plastics can be segmented by Applications, Companies, Types and Ingredients. Applications of this market are Automotive Interior,
The global automotive lubricants market is estimated to grow at a CAGR of 9.2% from 2014 to 2019. Asia-Pacific holds the largest market share, in terms of value—that is, 52%—and is expected to grow at a CAGR of 8.7% during the forecast period. It is followed by North America and Europe.