jodmicriice

  The polymeric materials refer to the materials that possess the capability of being shaped or molded via applying high pressure and temperature. The plastics are known to have various properties including low density, transparency, electrical conductivity and high toughness. Various thermoplastics and thermosets are generally molded and remolded to be used in the automotive industry. Polypropylene and polyethylene are the commonly used materials. The rise in trend of vehicle electrification across the globe acts as one of the major factors driving the growth of automotive plastics market. The surge in adoption of lightweight materials due to stringent emission by government and other public organizations, and continuous improvements in recycling processes accelerate the market growth. The rise in demand from consumers for high-performance, lightweight, and fuel-efficient vehicles, and OEMs’ inclination towards thermally stable plastics further influence the market. Additionally, ...