Automotive Plastics Market
Description
The global automotive plastics market is estimated to be valued at USD 35,264.1 Mn in 2025 and is expected to reach USD 57,004.2 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.1% from 2025 to 2032. The global automotive plastics market represents a critical segment within the automotive materials industry, encompassing a diverse range of polymer-based components that have fundamentally transformed vehicle manufacturing and design paradigms.
Market Dynamics
The global automotive plastics market is propelled by several compelling drivers, with vehicle lightweighting initiatives serving as the primary catalyst, as automotive manufacturers increasingly adopt plastic components to reduce overall vehicle weight and improve fuel efficiency in response to stringent environmental regulations and consumer demand for eco-friendly transportation solutions.
Key Features of the Study
Market Dynamics
The global automotive plastics market is propelled by several compelling drivers, with vehicle lightweighting initiatives serving as the primary catalyst, as automotive manufacturers increasingly adopt plastic components to reduce overall vehicle weight and improve fuel efficiency in response to stringent environmental regulations and consumer demand for eco-friendly transportation solutions.
Key Features of the Study
- This report provides in-depth analysis of the global automotive plastics market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global automotive plastics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Akzo Nobel N.V., BASF SE, Covestro AG, Evonik Industries AG, Adient plc, Magna International, Inc., Momentive Performance Materials, Inc., SABIC, Dow, Inc., Borealis AG, Hanwha Azdel Inc., Grupo Antolin, Lear Corporation, Owens Corning, Quadrant AG, and Royal DSM N.V.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global automotive plastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive plastics market
- Product Type Insights (Revenue, USD Mn, 2020 - 2032)
- Polypropylene (PP)
- Polyurethane (PU)
- Polycarbonate (PC)
- Acrylonitrile butadiene styrene (ABS)
- Polyvinyl Chloride (PVC)
- Polyethylene (PE)
- Polymethyl methacrylate (PMMA)
- Polyamide (Nylon 6, Nylon 66)
- Other Product Types
- Application Insights (Revenue, USD Mn, 2020 - 2032)
- Interior Furnishings
- Electrical Components
- Exterior Furnishings
- Power Trains
- Under the Hood
- Chassis
- Other Applications
- Vehicle Type Insights (Revenue, USD, 2020 - 2032)
- Passenger Cars
- Light Commercial Vehicles
- Medium & Heavy Commercial Vehicles
- Regional Insights (Revenue, USD Mn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Akzo Nobel N.V.
- BASF SE
- Covestro AG
- Evonik Industries AG
- Adient plc
- Magna International, Inc.
- Momentive Performance Materials, Inc.
- SABIC
- Dow, Inc.
- Borealis AG
- Hanwha Azdel Inc.
- Grupo Antolin
- Lear Corporation
- Owens Corning
- Quadrant AG
- Royal DSM N.V.
Table of Contents
140 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Automotive Plastics Market, By Product Type
- Global Automotive Plastics Market, By Application
- Global Automotive Plastics Market, By Vehicle Type
- Global Automotive Plastics Market, By Region
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER’s Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trends
- 4. Global Automotive Plastics Market, By Product Type, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Polypropylene (PP)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Polyurethane (PU)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Polycarbonate (PC)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Acrylonitrile butadiene styrene (ABS)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Polyvinyl Chloride (PVC)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Polyethylene (PE)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Polymethyl methacrylate (PMMA)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Polyamide (Nylon 6, Nylon 66)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Other Product Types
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- 5. Global Automotive Plastics Market, By Application, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Interior Furnishings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Electrical Components
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Exterior Furnishings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Power Trains
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Under the Hood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Chassis
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Other Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- 6. Global Automotive Plastics Market, By Vehicle Type, 2020-2032, (USD Mn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
- Passenger Cars
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Light Commercial Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- Medium & Heavy Commercial Vehicles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
- 7. Global Automotive Plastics Market, By Region, 2020 - 2032, Value (USD Mn)
- Introduction
- Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Mn)
- Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Mn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country, 2020 - 2032, Value (USD Mn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Product Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Application, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Vehicle Type, 2020 - 2032, Value (USD Mn)
- Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Mn)
- South Africa
- North Africa
- Central Africa
- 8. Competitive Landscape
- Akzo Nobel N.V.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Covestro AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Evonik Industries AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Adient plc
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Magna International, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Momentive Performance Materials, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- SABIC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Dow, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Borealis AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hanwha Azdel Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Grupo Antolin
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Lear Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Owens Corning
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Quadrant AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Royal DSM N.V.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- 9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 10. References and Research Methodology
- References
- Research Methodology
- About us
- *Browse 32 market data tables and 28 figures on ‘Automotive Plastics Market' - Global forecast to 2032
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