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The South African market for automotive plastics is poised for significant growth finds Frost & Sullivan

from Newswire Today

Plastics are continuously replacing metal and glass in automobile applications in South Africa as they are light-weight, inexpensive and can be blended and molded 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, 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. more

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