Polymers Demand as Light-weight Alternatives for Automobiles Will be $95.34 B in 2017: Frost & Sullivan

SpecialChem - Aug 25, 2011

The automotive industry is gearing up for a game-changing shift to lighter materials to conform to environmental regulations. To assuage growing concerns about excessive greenhouse gases, governments all over the world have been passing laws mandating a reduction in carbon emissions. These laws have resulted in the lowering of vehicles' weight through the replacement of heavy materials in certain systems with lighter alternatives, as the weight of the automobile has a direct bearing on its fuel efficiency. A 10 per cent reduction in vehicle weight offers fuel savings of 5 to 7 per cent (in mpg), provided the vehicle's powertrain is also downsized. New analysis from Frost & Sullivan, Prevalent Substitution Trends within...

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