Turkey Automotive Plastic Compounding Market Size To Hit USD 451.3 Million By 2028
San Francisco, 19 April 2021: The Report Turkey Automotive Plastic Compounding Market Size, Share & Trends Analysis Report By Product (ABS, PP, PU, PVC, PE, PC, PA, TPE), By Application, And Segment Forecasts, 2021 - 2028 The Turkey automotive plastic compounding market size is anticipated to reach USD 451.3 million by 2028, according to a new report by Grand View Research, Inc., growing at a CAGR of 5.8% over the forecast period. According to Automotive Distributors Association (ODD), owing to the support of marketing campaigns and easing of lockdown measures, light commercial vehicles and passenger car sales jumped by 60% year-on-year in July 2020. The demand for automotive vehicles in the country is expected to steadily rise, which, in turn, is projected to fuel the plastic compounding market in Turkey. Rising environmental awareness among the consumers and stringent regulations regarding pollution control have compelled automotive or...