The global automotive plastic materials market is anticipated to register robust growth with a significant CAGR in the forecast period, 2023-2027. The market growth can be attributed to the increasing demand for automobiles all across the globe on account of rising disposable income, elevating lifestyles, and people’s preference for comfortable and safe transportation.
The Important Aspects of Automotive Plastic Materials Market
Automotive plastic materials refer to specialty plastic materials that are used for improving and enhancing the safety, performance, construction, and functionality of a vehicle. These plastic materials are highly resistant to corrosion, reduce noise, offer added safety, and has excellent thermal insulation. The rising demand for automotive plastic materials in vehicles to strengthen passenger safety along with the growing demand for lightweight plastics in order to make the vehicle more fuel efficient is anticipated to propel the market.
Furthermore, the stringent emission regulations by the government of several companies to reduce vehicular emissions and increasing initiatives by the auto manufacturers to match the reduced GHG emission standards set by the government are further catalyzing market growth. Furthermore, the bolstering demand for electric vehicles and the growing efforts of several manufacturers toward the development of autonomous cars are anticipated to propel the global automotive plastic materials market in the coming years.
The global automotive plastic materials market is segmented on the basis of vehicle type, type, Application, competitive landscape, and regional distribution. Based on the vehicle type, the market is bifurcated into ICE, BEV, PHEV, and HEV. By type, the market is fragmented on the basis of PP, PE, ABS, PU, PVC, PA, PC, PVB & other engineering plastics.
Based on the application the market is differentiated among Interior, exterior, under the hood, and lighting & electric wiring. Among these, the interior segment is anticipated to hold a prominent market share in the coming years because 50-55 percent of the plastic in automotive is used in dashboards, seats, interior trim, and car upholstery. Therefore, the demand for automotive plastics materials is most in the interior segment. The market analysis also studies the regional segmentation, divided among North America, Europe & CIS, Asia Pacific, Middle East and Africa, and South America.
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Some of the leading players in the global automotive plastic materials market
- The DOW Chemical Company
- Ineos Capital Limited
- BASF SE
- E.I. Du Pont De Nemours and Company
- LyondellBasell Industries Holdings B.V.
- Sabic
- Plastic Omnium
- Evonik Industries AG, etc.
| Attribute | Details |
| Base Year | 2021 |
| Historical Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, volume in units, and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Vehicle Type· Type· Application |
| Regional scope | North America, Europe & CIS, Asia Pacific, Middle East and Africa, South America |
| Country scope | United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; UAE; Saudi Arabia; South Africa; Kuwait |
| Key companies profiled | DOW Chemical Company, Ineos Capital Limited, BASF SE, E.I. Du Pont De Nemours and Company, Lyondellbasell Industries Holdings B.V., Sabic, Plastic Omnium, Evonik Industries AG |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global automotive plastic materials market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Automotive Plastic Materials Market, By Vehicle Type:
- ICE
- BEV
- PHEV
- HEV
- Automotive Plastic Materials Market, By Type:
- PP
- PE
- ABS
- PU
- PVC
- PA
- PC
- PVB
- Other Engineering Plastics
- Automotive Plastic Materials Market, By Application:
- Interior
- Exterior
- Under the Hood
- Lighting & Electric Wiring
- Automotive Plastic Materials Market, By Region:
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- France
- Germany
- United Kingdom
- Italy
- Spain
- United States
- Mexico
- Canada
- Brazil
- Argentina
- Colombia
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
- Europe & CIS
- North America
- South America
- Middle East and Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global automotive plastic materials market.
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Table of Content
1. Product Overview
- Research Methodology
- Impact of COVID-19 on Global Automotive Plastic Materials Market
- Executive Summary
- Voice of Customer
5.1. Product Awareness
5.2. Brand Awareness
5.3. Brand Recall
5.4. Product Pricing
5.5. Challenges & Unmet Needs
- Global Automotive Plastic Materials Market Overview
- Global Automotive Plastic Materials Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type (ICE, BEV, PHEV and HEV)
7.2.2. By Type (PP, PE, ABS, PU, PVC, PA, PC, PVB & Other Engineering Plastics)
7.2.3. By Application (Interior, Exterior, Under the Hood and Lighting & Electric Wiring)
7.2.4. By Region
7.2.5. By Country (2021)
7.3. Market Attractiveness Index
- Asia-Pacific Automotive Plastic Materials Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By Type
8.2.3. By Country
8.3. Market Attractiveness Index
8.4. Asia-Pacific: Country Analysis
8.4.1. China Automotive Plastic Materials Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value & Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Vehicle Type
8.4.1.2.2. By Application
8.4.1.3. Market Attractiveness Index
8.4.2. India Automotive Plastic Materials Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value & Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Vehicle Type
8.4.2.2.2. By Application
8.4.2.3. Market Attractiveness Index
8.4.3. Japan Automotive Plastic Materials Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value & Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Vehicle Type
8.4.3.2.2. By Application
8.4.3.3. Market Attractiveness Index
8.4.4. South Korea Automotive Plastic Materials Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value & Volume
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Vehicle Type
8.4.4.2.2. By Application
8.4.4.3. Market Attractiveness Index
8.4.5. Australia Automotive Plastic Materials Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value & Volume
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Vehicle Type
8.4.5.2.2. By Application
8.4.5.3. Market Attractiveness Index
8.4.6. Singapore Automotive Plastic Materials Market Outlook
8.4.6.1. Market Size & Forecast
8.4.6.1.1. By Value & Volume
8.4.6.2. Market Share & Forecast
8.4.6.2.1. By Vehicle Type
8.4.6.2.2. By Application
8.4.6.3. Market Attractiveness Index
8.4.7. Malaysia Automotive Plastic Materials Market Outlook
8.4.7.1. Market Size & Forecast
8.4.7.1.1. By Value & Volume
8.4.7.2. Market Share & Forecast
8.4.7.2.1. By Vehicle Type
8.4.7.2.2. By Application
8.4.7.3. Market Attractiveness Index
- Europe & CIS Automotive Plastic Materials Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By Type
9.2.3. By Country
9.3. Market Attractiveness Index
9.4. Europe: Country Analysis
9.4.1. France Automotive Plastic Materials Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value & Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Vehicle Type
9.4.1.2.2. By Application
9.4.1.3. Market Attractiveness Index
9.4.2. Germany Automotive Plastic Materials Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value & Volume
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Vehicle Type
9.4.2.2.2. By Application
9.4.2.3. Market Attractiveness Index
9.4.3. United Kingdom Automotive Plastic Materials Market Outlook
9.4.3.1. Market Size & Forecast
9.4.3.1.1. By Value & Volume
9.4.3.2. Market Share & Forecast
9.4.3.2.1. By Vehicle Type
9.4.3.2.2. By Application
9.4.3.3. Market Attractiveness Index
9.4.4. Italy Automotive Plastic Materials Market Outlook
9.4.4.1. Market Size & Forecast
9.4.4.1.1. By Value & Volume
9.4.4.2. Market Share & Forecast
9.4.4.2.1. By Vehicle Type
9.4.4.2.2. By Application
9.4.4.3. Market Attractiveness Index
9.4.5. Spain Automotive Plastic Materials Market Outlook
9.4.5.1. Market Size & Forecast
9.4.5.1.1. By Value & Volume
9.4.5.2. Market Share & Forecast
9.4.5.2.1. By Vehicle Type
9.4.5.2.2. By Application
9.4.5.3. Market Attractiveness Index
- North America Automotive Plastic Materials Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type
10.2.2. By Type
10.2.3. By Country
10.3. Market Attractiveness Index
10.4. North America: Country Analysis
10.4.1. United States Automotive Plastic Materials Market Outlook
10.4.1.1. Market Size & Forecast
10.4.1.1.1. By Value & Volume
10.4.1.2. Market Share & Forecast
10.4.1.2.1. By Vehicle Type
10.4.1.2.2. By Application
10.4.1.3. Market Attractiveness Index
10.4.2. Mexico Automotive Plastic Materials Market Outlook
10.4.2.1. Market Size & Forecast
10.4.2.1.1. By Value & Volume
10.4.2.2. Market Share & Forecast
10.4.2.2.1. By Vehicle Type
10.4.2.2.2. By Application
10.4.2.3. Market Attractiveness Index
10.4.3. Canada Automotive Plastic Materials Market Outlook
10.4.3.1. Market Size & Forecast
10.4.3.1.1. By Value & Volume
10.4.3.2. Market Share & Forecast
10.4.3.2.1. By Vehicle Type
10.4.3.2.2. By Application
10.4.3.3. Market Attractiveness Index