Automotive Plastics Market: By Product Type (Acrylonitrile Butadiene Styrene (ABS), Polyethylene (High-density polyethylene (HDPE ) and Low-density polyethylene (LDPE)), Polybutylene terephthalate (PbT), Polymethyl Methacrylate (PMMA), Polyamide (PA), Polycarbonate (PC), Polypropylene (PP), Polyurethane (PU), Polyvinyl Chloride (PVC) and Others (PET, and ASA)), By Vehicle Type (Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles), By Application (Powertrain, Electrical Components, Interior Furnishings, Exterior Furnishings, Under The Hood Components and Chassis) and Geography.  

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automotive plastics market size was valued USD 29.22 billion in 2022 and poised to grow at significant CAGR 9.8% over 2023-2029. Due to the increase in the economic conditions rising in automobile user's population across the globe. Additionally, replacing traditionally used materials with highly advanced plastics for automobile manufacturing to enhance the features such as less weight, more appeal and to increase the fuel efficiency. Moreover, technological advancement for new innovations and techniques for development of specialized materials for will boosts the growth of the market. However, high cost of raw materials, non-degradable nature and the concerns related with environmental pollution due to the toxicity released during the manufacturing process are the major factors that hinder the growth of the market. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. 

Automotive Plastics Market Key Developments:
  • In June 2018, Magna International Inc., acquired OLSA S.p.A. (Italy) this acquisition will help the company to enhance and boost its lighting business solutions worldwide.

Automotive Plastics Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.8%

Largest Market

Asia Pacific

Fastest Growing Market

North America
Automotive Plastics Market Dynamics

Rising economic standards and changing in the lifestyle, increasing in the huge number of vehicle user. Key Manufacturers are concentrating to develop and manufacture high-performance automobile and components thus conventionally used materials such as metals, glass and ceramic are replaced with high standard plastics. These plastics have superior properties such as versatility, durability and flexibility have fostered innovations in terms of technologies and designs of the automobiles. Growing demand for various automobile furnishing product such as light panels & displays, steering wheels, fascia systems, and seat covers. Owing to ideal insulation properties & rising safety concerns also accelerate market growth. Additionally, they find extensive usage in interior automotive components such as headliners, load floors, rear package shelves and seat bases. Moreover, rising disposable income, technological advancement and rising demand will fuel trhe market growth during the forecast period.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market and forecast (2023-2029)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup's details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

Automotive Plastics Market Segmentation

By Product Type
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyethylene
  • High-density polyethylene (HDPE )
  • Low-density polyethylene (LDPE)
  • Polybutylene terephthalate (PbT)
  • Polymethyl Methacrylate (PMMA)
  • Polyamide (PA)
  • Polycarbonate (PC)
  • Polypropylene (PP)
  • Polyurethane (PU)
  • Polyvinyl Chloride (PVC)
  • Others (PET, and ASA)
By Vehicle Type
  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles
By Application
  • Powertrain
  • Electrical Components
  • Interior Furnishings
  • Exterior Furnishings
  • Under The Hood Components
  • Chassis
By Geography

North America

  • USA
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Frequently Asked Questions

The key segments covered in the Automotive Plastics Market are: by Product Type, Vehicle Type, application,

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

. Executive Summary

  1. Global Automotive Plastics Market Introduction
    • Global Automotive Plastics Market - Taxonomy
    • Global Automotive Plastics Market -Definitions
      • By Product Type
      • By Vehicle Type
      • By Application Type
  1. Global Automotive Plastics Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Automotive Plastics Market Dynamic Factors - Impact Analysis
    • Global Automotive Plastics Market - Competition Landscape
  2. Global Automotive Plastics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Automotive Plastics Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Acrylonitrile Butadiene Styrene (ABS)
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Polyethylene
      • High-density polyethylene (HDPE )
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Low-density polyethylene (LDPE)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polybutylene terephthalate (PbT)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polymethyl Methacrylate (PMMA)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polyamide (PA)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polycarbonate (PC)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polypropylene (PP)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polyurethane (PU)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Polyvinyl Chloride (PVC)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
      • Others (PET, and ASA)
        • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
        • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
        • Market Opportunity Analysis
  1. Global Automotive Plastics Market, By Vehicle Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Passenger Cars
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Light Commercial Vehicles
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Heavy Commercial Vehicles
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Automotive Plastics Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Powertrain
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Electrical Components
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Interior Furnishings
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Exterior Furnishings
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Under The Hood Components
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Chassis
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Automotive Plastics Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Automotive Plastics Market - Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Region, 2023 - 2029
  2. North America Automotive Plastics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Acrylonitrile Butadiene Styrene (ABS)
      • Polyethylene
        • High-density polyethylene (HDPE )
        • Low-density polyethylene (LDPE)
      • Polybutylene terephthalate (PbT)
      • Polymethyl Methacrylate (PMMA)
      • Polyamide (PA)
      • Polycarbonate (PC)
      • Polypropylene (PP)
      • Polyurethane (PU)
      • Polyvinyl Chloride (PVC)
      • Others (PET, and ASA)
    • By Vehicle Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Powertrain
      • Electrical Components
      • Interior Furnishings
      • Exterior Furnishings
      • Under The Hood Components
      • Chassis
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • S.
      • Canada
    • North America Automotive Plastics Market - Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Country, 2023 - 2029
    • North America Automotive Plastics Market Dynamics - Trends
  3. Europe Automotive Plastics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Acrylonitrile Butadiene Styrene (ABS)
      • Polyethylene
        • High-density polyethylene (HDPE )
        • Low-density polyethylene (LDPE)
      • Polybutylene terephthalate (PbT)
      • Polymethyl Methacrylate (PMMA)
      • Polyamide (PA)
      • Polycarbonate (PC)
      • Polypropylene (PP)
      • Polyurethane (PU)
      • Polyvinyl Chloride (PVC)
      • Others (PET, and ASA)
    • By Vehicle Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Powertrain
      • Electrical Components
      • Interior Furnishings
      • Exterior Furnishings
      • Under The Hood Components
      • Chassis
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Automotive Plastics Market - Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Country, 2023 - 2029
    • Europe Automotive Plastics Market Dynamics - Trends
  4. Asia-Pacific Automotive Plastics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Acrylonitrile Butadiene Styrene (ABS)
      • Polyethylene
        • High-density polyethylene (HDPE )
        • Low-density polyethylene (LDPE)
      • Polybutylene terephthalate (PbT)
      • Polymethyl Methacrylate (PMMA)
      • Polyamide (PA)
      • Polycarbonate (PC)
      • Polypropylene (PP)
      • Polyurethane (PU)
      • Polyvinyl Chloride (PVC)
      • Others (PET, and ASA)
    • By Vehicle Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Powertrain
      • Electrical Components
      • Interior Furnishings
      • Exterior Furnishings
      • Under The Hood Components
      • Chassis
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Automotive Plastics Market - Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Country, 2023 - 2029
    • Asia-Pacific Automotive Plastics Market Dynamics - Trends
  5. Latin America Automotive Plastics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Acrylonitrile Butadiene Styrene (ABS)
      • Polyethylene
        • High-density polyethylene (HDPE )
        • Low-density polyethylene (LDPE)
      • Polybutylene terephthalate (PbT)
      • Polymethyl Methacrylate (PMMA)
      • Polyamide (PA)
      • Polycarbonate (PC)
      • Polypropylene (PP)
      • Polyurethane (PU)
      • Polyvinyl Chloride (PVC)
      • Others (PET, and ASA)
    • By Vehicle Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Powertrain
      • Electrical Components
      • Interior Furnishings
      • Exterior Furnishings
      • Under The Hood Components
      • Chassis
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Venezuela
      • Rest of Latin America
    • Latin America Automotive Plastics Market - Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Country, 2023 - 2029
    • Latin America Automotive Plastics Market Dynamics - Trends
  6. Middle East and Africa Automotive Plastics Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Acrylonitrile Butadiene Styrene (ABS)
      • Polyethylene
        • High-density polyethylene (HDPE )
        • Low-density polyethylene (LDPE)
      • Polybutylene terephthalate (PbT)
      • Polymethyl Methacrylate (PMMA)
      • Polyamide (PA)
      • Polycarbonate (PC)
      • Polypropylene (PP)
      • Polyurethane (PU)
      • Polyvinyl Chloride (PVC)
      • Others (PET, and ASA)
    • By Vehicle Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Passenger Cars
      • Light Commercial Vehicles
      • Heavy Commercial Vehicles
    • Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Powertrain
      • Electrical Components
      • Interior Furnishings
      • Exterior Furnishings
      • Under The Hood Components
      • Chassis
    • Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Automotive Plastics Market - Opportunity Analysis Index, By Product Type, By Vehicle Type, Application , and Country, 2023 - 2029
    • MEA Automotive Plastics Market Dynamics - Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • AkzoNobel N.V.
      • BASF SE
      • Bayer MaterialScience AG
      • Evonik Industries
      • Grupo Antolin-Irausa S.A.
      • Johnson Controls
      • Lear Corporation
      • Lyondellbassell
      • Magna International Incorporated
      • Momentive Performance Materials Inc.
      • Owens Corning Corporation
      • Royal DSM N.V.
      • SABIC
      • Teijin limited
      • The Dow Chemical Company
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • AkzoNobel N.V.
  • BASF SE
  • Bayer MaterialScience AG
  • Evonik Industries
  • Grupo Antolin-Irausa S.A.
  • Johnson Controls
  • Lear Corporation
  • Lyondellbassell
  • Magna International Incorporated
  • Momentive Performance Materials Inc.
  • Owens Corning Corporation
  • Royal DSM N.V.
  • SABIC
  • Teijin limited
  • The Dow Chemical Company

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