Plastics content in cars made in China to risePlastics content in cars made in China to rise
In 2009 China became the nation in which the largest number of automobiles were produced, and the use of plastics in cars made there is rising and will continue doing so. That is part of the message contained in a new report, "China Automotive Plastic Parts Industry Report, 2011-2015," prepared by Research and Markets, a Dublin, Ireland-based supplier of market-focused research.
August 23, 2011
According to the report, the country's strong automobile market is driving the progression of the automotive plastic parts industry; and the average use of plastics in mid-grade sedans now approximates 130kg/unit. In Europe and North America the use of plastics is higher at an average of more than 150kg per car.
Just 10-12 years ago the average use of plastics per car was only about 50-60 kg, and as new legislation pushes carmakers to reach higher average mileage rates for their fleets, plastics almost certainly will continue to replace metal in new applications.
According to the Research and markets report, in 2010 the Chinese passenger car plastic parts market reached a value of around RMB 58.2 billion ($9.09 billion) and the figure will hit RMB 85.12 billion in 2015.
The report also details that although Sino-foreign joint ventures remain the most competitive China-based manufacturers of automotive plastics parts, domestically owned competitors such as NBHX, JNMPT, Shuanglin and Shunrong are rapidly gaining in market share and in the use of advanced technology.
The 105-pg report is available starting at €1670 for an electronic PDF and another €69 for a printed copy.
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