Automotive Plastics Market - Global Automotive Plastics Demand Was 7,962.1 Kilo Tons in 2013 and Is Expected to Reach 14,851.0 Kilo Tons by 2020

San Francisco, CA -- (SBWIRE) -- 07/30/2014 -- The global market for automotive plastics is expected to reach USD 41.49 billion by 2020, according to a new study by Grand View Research, Inc. Shift in trend towards reducing the overall weight of automobiles in both developed and emerging markets is expected to drive the market for automotive plastics over the forecast period. However, volatile raw material prices are expected to remain a key challenge for market participants.