The automotive plastics market is on the rise, driven by the automotive industry’s demand for lightweight, durable, and cost-effective materials. In 2023, the market was valued at approximately USD 24.48 billion, and it is expected to grow at a compound annual growth rate (CAGR) of 8.0% between 2024 and 2032. By 2032, the market is projected to reach a value of USD 48.74 billion. This...
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