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Automotive Bioplastic Market is anticipated to grow at a CAGR of ~11% during 2019 to 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.

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Automotive Bioplastic Market is anticipated to grow at a CAGR of ~11% during 2019 to 2029

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  1. Automotive Bioplastic Market Oct 03,2019 Report Id : REP-GB-10531 Status : Published Category : Healthcare, Pharmaceuticals & Medical Devices ©2015 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3

  4. 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. ©2015 Future Market Insights, All Rights Reserved 4

  5. Automotive Bioplastic Market Automotive bioplastic materials tend to reduce dependency on fossil resources, according to FMI’s 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. ©2015 Future Market Insights, All Rights Reserved 5

  6. 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 today’s 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.com/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 ©2015 Future Market Insights, All Rights Reserved 6

  7. Automotive Bioplastic Market Related Press Release: • Geosynthetics Market is estimated to grow at a CAGR of ~10% over the forecast period of 2019 to 2029 • Alumina Trihydrate Market is anticipated to rise at a CAGR of ~8% throughout the forecast period of 2019 to 2029 • Drag Reducing Agent Market is expected to grow at a CAGR of ~ 6% during the forecast period of 2019 to 2029 ©2015 Future Market Insights, All Rights Reserved 7

  8. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Harish Tiwari (General Manager & Global Head Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You ©2015 Future Market Insights, All Rights Reserved 8

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