PUBLISHER: Grand View Research | PRODUCT CODE: 1908119
PUBLISHER: Grand View Research | PRODUCT CODE: 1908119
The global automotive plastics market size was estimated at USD 33.02 billion in 2025 and is projected to reach USD 54.82 billion by 2033, growing at a CAGR of 6.8% from 2026 to 2033. Globally, increased prominence on vehicle weight reduction, greater vehicle design capabilities, and pollution control are important drivers boosting growth of the market.
Plastics are majorly used in automobile parts and components as they are easy to manufacture and offer improved designs, can be obtained from renewable raw materials. The automotive plastic market is a thriving sector that has experienced substantial growth. Plastics have become integral to the design and production of vehicles, offering numerous benefits such as enhanced safety, weight reduction, improved fuel efficiency, and increased design flexibility. Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyurethane (PU),and Polyvinyl Chloride (PVC), are most commonly utilized materials for vehicle parts and component applications. Plastics undergo five different stages while recycling, including washing, identification, shredding, sorting, and classification, and extruding into a final component or product.
Global Automotive Plastics Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For the purpose of this study, Grand View Research has segmented the global automotive plastics market report based on product, process, application, and region: