Wednesday 8 February 2017, Amsterdam
The global scratch resistant polypropylene (PP) compound for automotive interiors market is expected to reach USD 8.78 billion by 2024, according to a new report, now available on ASDReports.
Outstanding mechanical properties, moldability and low cost make PP compounds highly sought after materials in the automotive industry. The growth of these materials in various automotive interior applications strengthens by the improved performance of the PP resins. These materials after compounding with additives such as talc, mica, glass fiber, etc. help impart properties such as scratch resistance, high impact strength which are essential for automotive interior applications.
Customer’s perspective related to aesthetics of vehicles interiors as well as exterior has drastically changed. Today, buyers expect the vehicles to maintain the aesthetic appeal for a larger part of the vehicle lifecycle. These factors are expected to drive the demand for PP compounds in manufacturing dashboard, door trims, etc.
Key market players in collaboration with other participants in the value chain have been developing technologies to manufacture compounds which facilitate easy paintability, low coefficient of thermal expansion and better conductivity. To address environmental issues, developing compounding technology with biomass derived resin is expected to be a key priority for major industry participants.
ASDReports.com contact: S. Koomen
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P : +31(0)20 486 1286 - F : +31(0)20 486 0216
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