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According to a new market report published by Lucintel, the future of aluminum in the global automotive industry looks strong with increasing penetration of lightweight materials and rising vehicle production.

The global automotive plastics industry is expected to reach an estimated value of $22.2 billion by 2019. The major drivers of automotive plastics industry are the increasing demand of lightweight materials, government regulations, and improvements in vehicle design. Asia Pacific is the leading region in global automotive plastics industry with strong growth in the vehicle production.

The global automotive plastics industry is expected to reach an estimated value of $22.2 billion by 2019. The major drivers of automotive plastics industry are the increasing demand of lightweight materials, government regulations, and improvements in vehicle design. Asia Pacific is leading the global automotive plastics industry with strong growth in vehicle production.