【 cable network 】 according to the international market research firm, according to a report released by the FMI has global automotive wiring harness material income will grow by 7.3% in 2016 to $3.9 billion, improvement of auto sales is a major cause of automotive wiring harness materials market continues to grow, especially in the asia-pacific region.
In addition to the traditional motor vehicle the steady growth of market demand, in 2016, electric cars and hybrid vehicles will also further promote the market of automotive wiring harness material demand growth.
Report, PVC automotive wiring harness market demand will continue to become the largest raw materials, PVC market gains this year is expected to rise 5.6% to $1.9 billion. The second is the PP material, expected earnings growth of 6.8%.
From the point of vehicle type, passenger car will become the largest application market demand, especially the light and heavy commercial �