Due to its excellent performance, modified plastics are widely used in home appliances, automobiles, construction and other industries, of which household appliances and automobiles are the two largest application areas. In recent years, the rise of new energy vehicles has made the demands for lighter vehicles more prominent, and the demand for modified plastics has grown substantially.
Affected by the light demand for automobiles, the automotive industry has become the fastest growing demand for modified plastics. According to Markets and Markets, the global automotive plastics consumption is expected to increase from 7.1 million tons in 2012 to 11.3 million tons in 2018. The compound growth rate will reach 13.4%.
As one of the major approaches for energy-saving and emission-reduction of automobiles, lightweighting has always been the technological direction that the automotive industry continues to advance. At present, with the development of new energy vehicles, lighter weight is more important and lighter weight is included in the standard system for energy-saving cars. According to reports, the light weight of cars is mainly reflected in the optimization design of cars, alloy materials and non-metallic materials, which in turn reduce the weight of cars by 10% to 15%, 30% to 40%, and 45% to 55%. It can be seen that the application of alloy materials and non-metallic materials in the automotive field is of great significance to the lightweighting of automobiles.
In fact, the proportion of applications for plastics in the automotive industry is indeed increasing, and many material suppliers are therefore targeting the automotive industry as one of the most important application areas. Related businesses also said that although global car sales have been slowing down since 2012, this does not seem to have affected the expectations of material suppliers for the automotive industry.
Article link: China Plastic Online