Additives are substances that are added to a material to improve its properties. Additives are used in vehicles for a variety of purposes. Plastic additives are used to increase the resistance and shock absorption properties of plastics used in the manufacture of automotive parts. Fuel additives, on the other hand, are compounds used to increase the efficiency of fuels used in vehicles to achieve the goal of reducing vehicle emissions and improving carbon footprint.
The global Automotive Additives market was million US$ in 2018 and is expected to million US$ by the end of 2027, growing at a CAGR of between 2021 and 2027.
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The key manufacturers in this market include
- DOW
- Akzo Nobel
- Evonik Industries
- Solvay
- Covestro
- Lanxess
- Kaneka Corporation
- Clariant
- Polyone Corporation
By the product type, the market is primarily split into
- Plasticizers
- Anti-Scratch
- Stabilizers
- Antioxidants
- Others
By the end users/application, this report covers the following segments
- Exterior
- Interior
- Under the Hood
- Electronics & Electrical
A full report of Global Automotive Additives Market is available at: https://www.orionmarketreports.com/automotive-additives-market/39584/
Scope of the Report
The research study analyzes the global Automotive Additives industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Additives Market Report
1. What was the Automotive Additives Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Additives Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Additives Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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