With the national election now fully in the rearview mirror and consumer sentiment improving, we turn our attention to the year ahead and an automotive market shifting into a higher gear. As we develop our forecast for 2025, we are mostly optimistic, as the market is finishing 2024 with momentum.
Polyplastics has developed a series of new Duracon polyacetal (POM) grades that are reinforced with short cellulose fiber to lower the environmental impact while maintaining performance requirements. The new products are a focus of Polyplastics’ Duracircle initiative, which delivers eco-friendly engineering plastics to drive a circular economy.
Avient Corporation, a premier provider of specialized and sustainable materials solutions and services, today announced the expansion of its reSound™ REC Recycled Content Thermoplastic Elastomers (TPEs) AF 7210 grades to Asia. These new grades of TPEs, launched earlier this year in Europe, contain 25%-55% post-consumer recycle (PCR) content, complement the existing offering of PCR-based products...
Chinese electric vehicle maker BYD reported third-quarter revenue that topped that of behemoth rival Tesla for the first time. On Wednesday, BYD reported revenue for the three months ended Sept. 30 of 201.12 billion yuan ($28.24 billion), up 24% from a year ago. That exceeded Tesla’s revenue of $25.18 billion reported for the same period.
Latest Study on Industrial Growth of Automotive Plastics Market 2024-2030. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of...