Report Highlights
The global market volumes of automotive plastics should grow from 36.3 million tons in 2021 to 49.1 million tons by 2026 with a compound annual growth rate (CAGR) of 6.2% for the period of 2021-2026.
Report Includes
- 115 data tables and 41 additional tables
- An up-to-date review and analysis of the global markets for automotive plastics
- Analyses of the global market trends, with data from 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2026
- Evaluation and forecast the market size for automotive plastics in value and volumetric terms, forecasted growth trends, and corresponding market share analysis by polymer type, application, vehicle type, and geographic region
- Highlights of the market potential for high performance plastics and areas of focus to forecast this market into various segments and sub-segments
- Country specific data and market value analysis for the U.S., Canada, Germany, U.K., France, Japan, China and India
- In-depth information (facts and figures) concerning market drivers, opportunities, challenges and other demographic and economic factors that will drive future demand for the growth of automotive plastics market
- Identification of the companies which are best positioned to meet this demand owing to their proprietary technologies and product innovations
- Review of the current market status, key technology issues, value chain analysis, competitive scenario, R&D activities, and COVID-19 implications on the supply and demand of automotive plastics
- Descriptive company profiles of the leading global players, including BASF SE, Lyondellbasell Industries Holdings B.V., Sabic, Asahi Kasei Corp., Toray Industries Inc., and Covestro AG
Report Scope
The scope of this report includes all the automotive plastics by polymer type actively being consumed in various applications. A separate section, Market Dynamics, includes detailed descriptions of the drivers and restraints in automotive plastics.
The report includes a separate section highlighting the impact of COVID-19 on automotive plastics on the global level. The section will include COVID-19’s impact on the supply and demand for automotive plastics, price impacts and various strategic decisions taken by governments to boost the market.
The market size and estimations are provided in terms of volume (thousand tons) and value (U.S. dollars as noted) using 2020 as base year. The market forecast will be given from 2021 to 2026. Regional market sizes are also covered. The impact of COVID-19 was also considered when deriving the market estimations. Revenues from annual reports are taken from companies reporting their revenue in U.S. dollars. The average annual currency conversion rate is used for the particular year to convert the revenue into U.S. dollars for companies reporting revenue in other currencies.
In terms of polymer type, the automotive plastics are segmented into:
- Polypropylene PP.
- Polyvinyl chloride PVC.
- Polyurethane PU.
- Acrylonitrile-butadiene-styrene ABS.
- High-density polyethylene HDPE.
- Polycarbonate PC.
- Polyamide PA.
- Others.
In terms of application, the automotive plastics market is segmented into:
- Interior furnishings.
- Exterior furnishings.
- Electrical components.
- Under the hood components.
- Others
In terms of vehicle type, the automotive plastics market is segmented into:
- Passenger cars.
- Lightweight vehicles.
- Heavyweight vehicles.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2020 | ||||||||||||||||||||
| Forecast period considered | 2021-2026 | ||||||||||||||||||||
| Base year market size | $34.3 million tons | ||||||||||||||||||||
| Market size forecast | $49.1 million tons | ||||||||||||||||||||
| Growth rate | CAGR of 6.2% from 2021 to 2026 | ||||||||||||||||||||
| Units considered | $ Thousand Tons | ||||||||||||||||||||
| Segments covered | Polymer Type, Application, Vehicle Type, Region | ||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. | ||||||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||||||
| Companies studied |
|
||||||||||||||||||||
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
- Radiotherapy, Radiopharmaceuticals and Nuclear Medicine: Global Markets (HLC176E)
- Carbon Credits Market: Global Outlook (EGY200A)
- Drugs and Diagnostics for Hematological Disorders: Global Markets (PHM116C)
- Global Flame and Smoke Detectors Markets (MFG092A)
- Biodegradable Polymers: Global Markets and Technologies (PLS025K)
Report Highlights
Asia-Pacific market of automotive plastics should grow from $22.7 billion in 2019 to $29.2 billion by 2024 with a compound annual growth rate (CAGR) of 5.2% for the period of 2019-2024.
Report Includes
- 71 data tables and 25 additional tables
- An overview of Asia-Pacific markets for plastic products
- Analyses of market trends, with data from 2018, 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Evaluation of market size and forecast for automotive plastics, by type and applications in terms of value and volume
- A look at the opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
- Examination of factors driving the growth of automotive plastics market in Asia-Pacific
- Detailed profiles of major players in the market, including Arkema SA, BASF SE, Celanese Corp., DowDuPont Inc., Teijin Ltd. and Magna International Inc.
Related Reports
Biodegradable Polymers: Global Markets and Technologies
The global market volumes of biodegradable polymers is expected to grow from 1,286.0 kilotons in 2023 and is projected to reach 4,140.0 kilotons by the end of 2028, at a compound annual growth rate (CAGR) of 26.3% during the forecast period of 2023 to 2028.
Global Market for Plastics Compounding
The global market for plastic compounding is estimated to increase from $57.8 billion in 2023 to reach $80.3 billion by 2029, at a compound annual growth rate (CAGR) of 5.8% from 2024 through 2029.
Global Markets, Technologies and Materials for Thin and Ultrathin Films
The global market for thin and ultrathin films is expected to grow from $20.6 billion in 2023 to $38.8 billion by the end of 2028, at a compound annual growth (CAGR) of 13.5% from 2023 to 2028.
Liquid Crystal Polymers: Global Markets
The global market for liquid crystal polymers is expected to grow from $957.5 million in 2023 to $1.3 billion by the end of 2028, at a compound annual growth rate (CAGR) of 6.1% from 2023 through 2028.
Recent Reports
Biodegradable Polymers: Global Markets and Technologies
The global market volumes of biodegradable polymers is expected to grow from 1,286.0 kilotons in 2023 and is projected to reach 4,140.0 kilotons by the end of 2028, at a compound annual growth rate (CAGR) of 26.3% during the forecast period of 2023 to 2028.
Global Market for Plastics Compounding
The global market for plastic compounding is estimated to increase from $57.8 billion in 2023 to reach $80.3 billion by 2029, at a compound annual growth rate (CAGR) of 5.8% from 2024 through 2029.
Plastics Recycling: Global Markets
The global market for plastic recycling is expected to grow from $42.4 billion in 2024 to $57.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2029.
Liquid Crystal Polymers: Global Markets
The global market for liquid crystal polymers is expected to grow from $957.5 million in 2023 to $1.3 billion by the end of 2028, at a compound annual growth rate (CAGR) of 6.1% from 2023 through 2028.
Plastics for Healthcare Packaging
The global market value of plastics for healthcare packaging is expected to grow from $32.1 billion in 2023 and should reach $46.1 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2023 to 2028.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More