PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

The South African Market for Automotive Plastics is Poised for Significant Growth Driven by the Benefits of Plastics over Metal and Glass - New analysis from Frost & Sullivan, South African Market for Automotive Plastics, finds that the market earned revenues of $157.3 million in 2009 and estimates this to reach $207.7 million in 2016
The South African Market for Automotive Plastics is Poised for Significant Growth Driven by the Benefits of Plastics over Metal and Glass

 

NewswireToday - /newswire/ - Cape Town, South Africa, 2010/10/29 - New analysis from Frost & Sullivan, South African Market for Automotive Plastics, finds that the market earned revenues of $157.3 million in 2009 and estimates this to reach $207.7 million in 2016.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Plastics are continuously replacing metal and glass in automobile applications in South Africa as they are light-weight, inexpensive, and can be blended and moulded for most applications. The integration of plastics has been instrumental in the automotive industry's ability to develop high performance vehicles with improved safety features and fuel economy.

New analysis from Frost & Sullivan (chemicals.frost.com), South African Market for Automotive Plastics, finds that the market earned revenues of $157.3 million in 2009 and estimates this to reach $207.7 million in 2016. The plastic types covered in this research service are polypropylene (PP), polyurethane (PU), polyamides (PA), acrylonitrile-butadiene-styrene (ABS), and polycarbonate (PC).

"The most significant driver for automotive plastics is the cost-reduction implication as a result of using plastics instead of its more expensive metal and glass counterparts," notes Frost & Sullivan Chemicals, Materials and Food Industry Analyst Dilshaad Booley. "Since consumer buying power is still low with the global economy emerging from the financial crisis, low-cost vehicles will ensure increased vehicle sales."

Structural reinforcements combine the functionalities of metal with weight reductions of plastics application, resulting in weight shedding of up to 50 per cent. Other safety features such as seat belts, air bags and air bag containers have also been developed. Safety features will continue to drive innovation in plastics applications, providing a sustained impetus for the inclusion of engineering plastics in the production of automotive vehicles.

However, the economic crisis of 2008 and 2009 has resulted in the automotive sector significantly reducing production. Despite the economy gradually stabilising, consumer buying power remains low, resulting in sluggish growth in the automotive sector and a consequent low demand for automotive plastics.

"Although the automobile industry is expected to suffer low demand as a result of decreased purchasing power in the short-term, the automobile production and innovation processes will drive demand through the long term," notes Booley.

Greater use of plastics in vehicles to substitute metals and glass is vital to reduce the manufacturing costs and subsequently the cost of the vehicle.

"The market drivers allow for easy entry with low capital costs," concludes Booley. "Manufacturers who keep abreast of the latest technological advancements and applications will be the suppliers of choice."

South African Market for Automotive Plastics is part of the Chemicals & Materials Growth Partnership Services programme, which also includes research in the following markets: South African Market for Commodity Plastics and South African Engineering Plastics Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

If you are interested in more information on this study, please send an email to Christie Cronje, Corporate Communications, at christie.cronje[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

South African Market for Automotive Plastics / M59C

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


The South African Market for Automotive Plastics is Poised for Significant Growth Driven by the Benefits of Plastics over Metal and Glass

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Christie Cronje 
+27 21 680 3566 christie.cronje[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

First Transports in Networked Trucks - DB Schenker and MAN Agree on Platooning Project
MAN Truck & Bus Are Placing the New MAN TGE Under Static Scrutiny As Part of A Van Bodybuilders’ Day Today
MAN Lion's Intercity is Russia’s Intercity Bus of the Year
Enel and Nissan Present First All-inclusive Electric Mobility Solution
MAN Truck & Bus Korea Launched MAN Lion’s Touring - The First and Only Cabriolet Bus for Sightseeing Tours in Korea
Influx of Cheap Imports Floods the Automotive Filter Aftermarket Says Frost & Sullivan
BASF Introduces Latest Robust Connectors for Automotive Wire Harnesses
Man Group Announces 100 NEOPLAN Skyliner Coaches for Rome
BASF Introduces Synthetic Leather Made with Elastollan® - Makes Car Seats More Comfortable
Frost & Sullivan Acclaims Federal-Mogul Motorparts' Visionary Solutions and Growth Strategies for the North American Automotive Aftermarket
Borealis and Borouge Showcase Lightweight Solutions with the 2016 European Car of the Year At K Fair
BASF - Charge Air Duct Made from The High-temperature Polyamide Ultramid® Endure BM for Blow Molding
MAN Announces First Major Order from Tbilisi
BASF and Hyundai Motor Showcase RN30 Concept Car At K Fair
750th MAN D2676 Engine for Alstom’s Coradia Polyvalent Delivered in Time for Innotrans 2016

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)