Automotive Plastics Market - BRIC Industry Analysis and Opportunity Assessment 2014 to 2020 : Future Market Insights

London, UK -- (ReleaseWire) -- 03/02/2015 -- The automotive industry is flourishing and the plastics industry is guaranteed to play a major role in its rise. Automotive plastics are the plastics and polymers used in the manufacture of various components of a vehicle. Originally, plastics were recommended for use in automotives owing to the material's physical properties combined with look and low weight. The use of plastic components in the automotive industry has been increasing since the last decade. Currently, automotive plasticsare mainly used as the materials weigh around 50% less than other materials used in automotive manufacturing, provide sturdiness,are corrosion resistant, offer flexibility in design and deliver better performance.