Automotive Plastics Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2023-28
                     Global Automotive 
Plastics Market 
Research and Forecast 
Report 2023-2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
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A cc o r d i ng  t o  t h e  l a te s t  r e po r t  b y  IM A R C  G r o up ,  t i t l e d  " A u t o m o t i v e  P l a s t i c s  Ma r k e t :  
G l o b a l  I n d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  Gr o w th ,  O p p o r t u n i t y  a n d  F o r e c as t  2 0 2 3 -
20 2 8 , "  t h e  g l o b a l  a u t o mo t i v e  p l a s t i c s  m a r ke t  s i z e  r e a c he d  U S $  4 0 . 6  B i l l i o n  i n  2 0 2 2 .
A u t o m o t i v e  p l a s t i c s  a r e  s pe c i a l t y  ma t e r i a l s  d e s i gn e d  t o  i m p r ov e  v eh i c l e  p e r f o r ma n c e ,  
sa f e t y ,  s t r u c t u r e ,  a e s th e t i c s ,  a nd  f un c t i o n a l i t y .  S o m e  c o mm o n l y  u s ed  a u t o m o t i v e  
Report p l a s t i c s  i n c l u de  p o l y u r e th a n e  ( P U ) ,  p o l y v i n y l  c h l o r i d e  ( P V C ) ,  p o l yp r o p y l e n e  ( P P ) ,  
ac r y l o n i t r i l e  b u t a d i e n e  s t y r e n e  ( A B S ) ,  n y l on ,  p o l y e t h y l en e  ( P E ) ,  p o l y o x y me t h y l e ne  
( P O M) ,  a n d  p o l y c a rb o n a te  ( P C ) .  
Highlight and T he y  h e l p  en h a n c e  d es i g n  f l e x i b i l i t y ,  e x t e n d  t h e  l i f e  o f  a u t o mo b i l e s ,  l o w e r  
ma n u f ac t u r i n g  c o s t s ,  a n d  fa c i l i t a te  t h e  i n t e g r a t i o n  o f  c o mp o n e n ts .  T h ey  a l s o  a s s i s t  i n  
Description r ed u c i n g  t h e  w e i g h t  o f  v e h i c l e s  b y  re p l a c i n g  h e a v y  m a te r i a l s ,  su c h  as  m e t a l  a n d  g l a s s ,  t o  i m p r o ve  f u e l  e f f i c i e n c y  a n d  s a ve  e n e r g y .  A s  a  r es u l t ,  a u t o m o t i v e  p l a s t i c s  a re  w i d e l y  
em p l o y e d  i n  m a nu f a c t u r i n g  da s h b o a rd s ,  f u e l  t a n k s ,  c a r pe t  f i b e r s ,  w h e e l  c o v e r s ,  
su s p e n s i o n  b u s h i n g s ,  h ea d l a mp  l e n s es ,  t r u c k  b e d  l i ne r s ,  mu d  f l a p s ,  b u mp e r s ,  a nd  
ge a r s .
R eq u e s t  f o r  a  P D F  sa m p le  o f  th i s  r ep o r t :  
h t t p s : / /w w w . i ma r c g r o u p . co m / a u t o m o t i v e - p l a s t i c s - ma r k e t / r e q u es t s a mp l e
Report Description
G l o b a l  A u t o m o t i v e  P l a s t i c s  M a r k e t  T r e n d s :
T h e  s u r g i n g  s a l e s  o f  l u x u r y  a n d  p r e m i u m  c a r s  d u e  t o  i n f l a t i n g  c o n s u m e r  e x p e n d i t u r e  c a p a c i t i e s ,  e l e v a t i n g  l i v i n g  s t a n d a r d s ,  a n d  r a p i d  
u r b a n i z a t i o n  r e p r e s e n t s  t h e  p r i m a r y  f a c t o r  d r i v i n g  t h e  m a r k e t  g r o w t h .  B e s i d e s  t h i s ,  t h e  g r o w i n g  a d o p t i o n  o f  e l e c t r i c  a n d  h y b r i d  v e h i c l e s  
( E V s / H V s )  o w i n g  t o  t h e  r i s i n g  e n v i r o n m e n t a l  c o n c e r n s  h a s  a u g m e n t e d  t h e  d e m a n d  f o r  a u t o m o t i v e  p l a s t i c s .  I n  a d d i t i o n ,  g o v e r n m e n t s  o f  v a r i o u s  
c o u n t r i e s  a r e  i m p l e m e n t i n g  s t r i n g e n t  f u e l  e c o n o m y  a n d  e m i s s i o n  r e g u l a t i o n s  f o r  v e h i c l e s ,  w h i c h  h a v e  c o m p e l l e d  a u t o m a k e r s  t o  a d o p t  
l i g h t w e i g h t  m a t e r i a l s ,  s u c h  a s  p l a s t i c s ,  f o r  w e i g h t  r e d u c t i o n .  A l o n g  w i t h  t h i s ,  t h e  s h i f t i n g  c o n s u m e r  i n c l i n a t i o n  t o w a r d  t h e  l i g h t w e i g h t ,  f u e l -
e f f i c i e n t ,  a n d  a f f o r d a b l e  a u t o m o b i l e s  h a s  a c c e l e r a t e d  t h e  a d o p t i o n  o f  a u t o m o t i v e  p l a s t i c s .  
F u r t h e r m o r e ,  s e v e r a l  k e y  p l a y e r s  a r e  i n v e s t i n g  i n  r e s e a r c h  a n d  d e v e l o p m e n t  ( R & D )  a c t i v i t i e s  t o  f o r m u l a t e  n e w ,  a d v a n c e d ,  h i g h - p e r f o r m a n c e  
p l a s t i c s  f o r  t h e  e x p a n d i n g  a u t o m o t i v e  i n d u s t r y .  I n  l i n e  w i t h  t h i s ,  t h e  i n c r e a s i n g  a d o p t i o n  o f  r e c y c l e d  p l a s t i c s  f o r  m a n u f a c t u r i n g  s e a t  c u s h i o n s ,  
r e p l a c e m e n t  b u m p e r s ,  s p l a s h  g u a r d s ,  a n d  w h e e l  l i n e r s  h a s  c a t a l y z e d  m a r k e t  g r o w t h .  A p a r t  f r o m  t h i s ,  t h e  s u r g i n g  u s e  o f  b i o - b a s e d  p l a s t i c s  a n d  
p o l y m e r s  i n s t e a d  o f  f o s s i l - b a s e d  p l a s t i c s  t o  r e d u c e  c a r b o n  f o o t p r i n t  a n d  p r o m o t e  s u s t a i n a b i l i t y  i s  c o n t r i b u t i n g  t o  m a r k e t  g r o w t h .  O t h e r  f a c t o r s ,  
i n c l u d i n g  t h e  r i s i n g  u s a g e  o f  n y l o n  t o  f a b r i c a t e  s e a t  b e l t s  a n d  a i r b a g s  o w i n g  t o  i t s  t e a r - r e s i s t a n t  p r o p e r t i e s ,  r a p i d  e x p a n s i o n  i n  t h e  p l a s t i c s  
i n d u s t r y ,  a n d  t e c h n o l o g i c a l  a d v a n c e m e n t s ,  a r e  a l s o  p r o v i d i n g  a  p o s i t i v e  t h r u s t  t o  t h e  m a r k e t  g r o w t h .
L o o k i n g  f o r w a r d ,  I M A R C  G r o u p  e x p e c t s  t h e  m a r k e t  v a l u e  t o  r e a c h  U S $  5 3 . 9  B i l l i o n  b y  2 0 2 8 ,  g r o w i n g  a t  a  C A G R  o f  4 . 5 %  d u r i n g  
2 0 2 3 - 2 0 2 8 .
V i e w  R e p o r t  T O C ,  F i g u r e s  a n d  T a b l e s :  h t t p s : / / w w w . i m a r c g r o u p . c o m / a u t o m o t i v e - p l a s t i c s - m a r k e t
Breakup by Vehicle Type:
• Convent ional  and Tradit ional  Vehicles
• Electr ic Vehicles
 
Breakup by Material:
• Polyethylene (PE)
Report • Polypropylene (PP)
• Polyvinyl  Chloride (PVC)
Segmentation • Acrylonit r i le Butadiene Styrene (ABS)
• Polyurethane (PU)
• Polymethyl Methacrylate (PMMA)
• Polycarbonate (PC)
• Polyamide
• Others
Breakup by Application:
• Powertrain
• Electr ical  Components
• Interior Furnishings
• Exter ior  Furnishings
• Under the Hood
Report • Chassis
Segmentation
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• Asahi  Kasei  Corporation
• BASF SE
• Boreal is AG
• Covestro AG
Competitive 
• Dow Inc.
Landscape • Koninkl i jke DSM N.V.
with Key • Lanxess AG
• Lear Corporation
Players
• LyondellBasel l  Industries N.V.
• Saudi Basic Industries Corporation
• Solvay S.A 
• Tei j in Limited.
What was the size of the global automotive plastics 
market in 2022?
What is the expected growth rate of the global 
automotive plastics market during 2023-2028?
What are the key factors driving the global 
automotive plastics market?
Key 
What has been the impact of COVID-19 on the 
Questions global automotive plastics market?
Answered in What is the breakup of the global automotive plastics market based on the vehicle type?
the Report What is the breakup of the global automotive 
plastics market based on the material?
What is the breakup of the global automotive 
plastics market based on the application?
What are the key regions in the global automotive 
plastics market?
Who are the key players/companies in the global 
automotive plastics market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  A u t o m o t i v e  P l a s t i c s  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  V e h i c l e  T y p e
    6 . 1     C o n v e n t i o n a l  a n d  T r a d i t i o n a l  V e h i c l e s
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     E l e c t r i c  V e h i c l e s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  M a t e r i a l
    7 . 1     P o l y e t h y l e n e  ( P E )
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
      7 . 2       Po l y p ro py l ene  ( P P )
            7 . 2 . 1  Ma rke t  Tren ds
            7 . 2 . 2  Ma rke t  Fo rec a s t
      7 . 3       Po l y v i ny l  Ch l o r i d e  ( P VC )
            7 . 3 . 1  Ma rke t  Tren ds
            7 . 3 . 2  Ma rke t  Fo rec a s t
      7 . 4       Ac ry l o n i t r i l e  Bu ta d ien e  S ty ren e  (ABS )
            7 . 4 . 1  Ma rke t  Tren ds
            7 . 4 . 2  Ma rke t  Fo rec a s t
      7 . 5       Po l y u re tha ne  ( P U )
Table of             7 . 5 . 1  Ma rke t  Tren ds            7 . 5 . 2  Ma rke t  Fo rec a s t
      7 . 6       Po l y m ethy l  Me tha c ry l a t e  ( P MMA)
            7 . 6 . 1  Ma rke t  Tren ds
Contents             7 . 6 . 2  Ma rke t  Fo rec a s t
      7 . 7       Po l y c a rbo na te  ( P C )
            7 . 7 . 1  Ma rke t  Tren ds
            7 . 7 . 2  Ma rke t  Fo rec a s t
      7 . 8       Po l y a m id e
            7 . 8 . 1  Ma rke t  Tren ds
            7 . 8 . 2  Ma rke t  Fo rec a s t
      7 . 9      O t he r s
            7 . 9 . 1  Ma rke t  Tren ds
            7 . 9 . 2  Ma rke t  Fo rec a s t
8    Market  Breakup by  App l i ca t ion
      8 . 1       Po wer t ra in
            8 . 1 . 1  Ma rke t  Tren ds
            8 . 1 . 2  Ma rke t  Fo rec a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /a u to m o t i v e -p l a s t i c s -m a rke t / t o c
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