Rear spoilers are gaining momentum and witnessing high demand. These devices offer various benefits to users, such as enhanced fuel-efficiency and safety. Automobile manufacturers also enable users to modify their spoilers as per their requirements and vehicle type. Additionally, increasing fuel costs are also expected to drive the growth of the rear spoiler market over the forecast period. The increasing demand for SUVs and MUVs are also bolstering the market growth. These vehicles enable users to experience enhanced driving capabilities in rough regions by providing features such as enhanced ground clearance and visibility. Additionally, they offer flexible interior space that can be adjusted according to the requirements of users, enabling them to carry more passengers and cargo with convenience.

Foreign automakers gearing up to tap into the growing demand for electric vehicles in China dominates this quarter's investment round-up. Pakistan's automotive landscape is also continuing its transformation with Khalid Mushtaq Motors announcing assembly plans.

Ongoing strength in the European autos market is proving positive for production in the region, particularly in the countries of Central and Eastern Europe. The industry in the region is now showing signs of maturing, with more value-added projects around EVs. Russia's recovery is also drawing in investment, but markets in the CIS are also diversifying their export operations for more growth opportunities.

Foreign automakers gearing up to tap into the growing demand for electric vehicles in China dominates this quarter's investment round-up. Pakistan's automotive landscape is also continuing its transformation with Khalid Mushtaq Motors announcing assembly plans.

Ongoing strength in the European autos market is proving positive for production in the region, particularly in the countries of Central and Eastern Europe. The industry in the region is now showing signs of maturing, with more value-added projects around EVs. Russia's recovery is also drawing in investment, but markets in the CIS are also diversifying their export operations for more growth opportunities.

Increasing plastics demand from various end-use industries such as construction, automotive and packaging is expected to drive the global market growth over the forecast period. Increasing requirement for consumer specific physical and chemical properties is expected to strengthen the growth trend over the forecast period. Global plastic additives market volume was estimated at 13,183.3 kilo tons in 2014 and is expected to reach 18,352.9 kilo tons by 2022, growing at a CAGR of 4.5% from 2015 to 2022.

High Performance Alloys market is witnessing a growth, because of its extensive use in the aerospace industry, and industrial gas turbines, along with automobiles, electrical & electronics industry, where its replacing the traditionally used metals. The demand will sustain to grow considering the need of improved performance of the machines and use of alloys help to boost the performance of the equipment it is used in. The demand is expected to be driven majorly by demand from the aerospace industry.

The demand of electric and plug-in hybrid electric vehicles has grown rapidly due to strict governmental regulations. The government have implemented laws and regulations for vehicular emission, and have mandated automobile manufacturers to use advanced technologies to reduce the green house gas effect over the enviroment. In the European countries such as Germany, the U.K, the Netherlands, Belgium, Norway, and Luxembourg, among others, have implemented regulations on the amount of Co2 released which in turn is encouraging consumers to purchase vehicles with low emission such as EV’s, plug-in hybrid and hybrid vehicles. In Europe, European emission standards have also set the average emission from new passenger cars to be reduced from 130 gram (g) per kilometer (km) travel in 2013 to 95g per km travel by 2020. The sales of fuel cars is also impacted by the current Corporate Average Fuel Economy (CAFÉ) standards, which has mandated an increase of average fuel economy standard to 35.5 miles per gallon by 2016 and 54.5 miles per gallon by 2025.

Europe remains in third place in the global rankings in the most recent update of our Autos Production Risk/Reward Index (RRI), with the region's average score falling slightly to 48.7 out of a possible 100, from 49.5 last quarter. Europe remains below the Americas region with a score of 49.8 and global leader Asia with a score of 58.6. Europe's strengths still derive from its higher scores in the risk category for which it scores highest out of all the regions (with a score of 58.3). This is as a result of Europe's lower operational and logistics risks (with scores of 62.6 and 64.3 respectively) as well as more stable short- and long-term political environment (with scores of 56.2 and 61.9) when compared to other regions across the globe.