As we enter the new decade, the plastic automotive component manufacturing industry is expected to continue to grow. Manufacturers are adopting new techniques and researchers are developing sophisticated compounds. These solutions will continue to replace traditional metal and steel components as they become more important to OEM vehicle manufacturers. This article is updating our 2019 Plastic Manufacturing Trends in Automotive Production blog.
Estimates suggest that the automotive plastics market will reach $68.58 billion by 2025. The industry will benefit from drives to improve fuel-efficiency, transitioning away..