Through the year 2007, the global demand for plastics in the
automotive industry will have grown by 22%. The average weightof
plastics per car is set to rise by 12% by 2007. World wide car production
is forecast to increase by 14.5% through 2007, which would have
a large impact on the relationship between plastics suppliers and
car manufacturers. The increase in the amount of plastics percar
would raise the value of plastics used to over US $13 billion by
2007. The developing markets would be creating the maximum demand
through it's, increased car output such as Eastern Europe (86.8%),
Asia (25.20%) and Latin America (77.30%). The impact of external
influences on the automotive industry's use of plastics would play
a major role in deciding the raw materials that will be used. Legislation
and recycling would also set new trends in plastics usage for the
automotive industry.
Source: Macplas International
- May 2000. |
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