PUBLISHER: The Business Research Company | PRODUCT CODE: 1929869
PUBLISHER: The Business Research Company | PRODUCT CODE: 1929869
Automotive plastics are polymers used in vehicle manufacturing to craft parts that offer mechanical strength, durability against stress, and a pleasing aesthetic while contributing to the automobile's structural integrity. These components, replacing traditional metal parts, offer properties such as stiffness and flame retardancy.
The primary types of automotive plastics include polypropylene (PP), polyurethane (PU), polyvinylchloride (PVC), polyamide (PA), acrylonitrile butadiene styrene (ABS), high-density polyethylene (HDPE), polycarbonate (PC), polybutylene terephthalate (PBT), and others. For instance, polypropylene (PP) is a tough and rigid thermoplastic polymer. Automotive plastics find diverse applications across interior, exterior, under-the-bonnet, and electrical components, as well as powertrain and chassis systems. These materials cater to various vehicle types, including conventional, electric, and hybrid vehicles.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the automotive plastics market by increasing costs of imported polymers, additives, molds, and processing equipment used across interior, exterior, and under-bonnet applications. North America and Europe are most affected due to dependence on imported specialty resins, while Asia-Pacific faces cost pressure on export-driven plastic component manufacturing. These tariffs are elevating component prices and impacting supplier profitability. At the same time, they are supporting domestic polymer production, regional compounding facilities, and innovation in alternative and recycled plastic materials.
The automotive plastics market research report is one of a series of new reports from The Business Research Company that provides automotive plastics market statistics, including automotive plastics industry global market size, regional shares, competitors with a automotive plastics market share, detailed automotive plastics market segments, market trends and opportunities, and any further data you may need to thrive in the automotive plastics industry. This automotive plastics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The automotive plastics market size has grown strongly in recent years. It will grow from $47.04 billion in 2025 to $51.49 billion in 2026 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to lightweighting requirements in vehicle design, growth in interior and exterior plastic applications, increased demand for corrosion-resistant materials, expansion of mass vehicle production, advancements in polymer processing technologies.
The automotive plastics market size is expected to see strong growth in the next few years. It will grow to $72.96 billion in 2030 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to increasing adoption of electric vehicles, rising focus on vehicle emission reduction, growing demand for sustainable automotive materials, expansion of autonomous vehicle platforms, increasing use of advanced composites. Major trends in the forecast period include increasing use of lightweight plastic components, rising adoption of high-performance engineering plastics, growing replacement of metal parts with plastics, expansion of recyclable and bio-based plastics, enhanced focus on design flexibility and aesthetics.
The rising demand for lightweight and electric vehicles is playing a key role in driving the growth of the automotive plastics industry. The growing incorporation of plastic components in vehicles has enhanced the overall design and efficiency of automobiles. It also helps lower fuel consumption, as vehicles with reduced weight require less energy for acceleration. For example, in 2024, the International Energy Agency (IEA), a France-based intergovernmental organization, reported that electric car sales in 2023 increased by 3.5 million compared with 2022, marking a 35% year-on-year growth. Furthermore, in November 2025, electric light commercial vehicle (LCV) sales rose by over 40% in 2024, exceeding 600,000 units and increasing their market share to 7%, up from 5% in 2023. Hence, the rising popularity of lightweight and electric vehicles is fueling the expansion of the automotive plastics industry.
Leading companies in the automotive plastics market are concentrating on developing innovative products, such as polyamide-based compounds, to improve automotive interior structural solutions by enhancing performance, aesthetics, durability, and sustainability. For example, in July 2024, LyondellBasell (LYB), a US-based chemical firm, introduced the Schulamid ET100 product line, a new polyamide-based compound specifically created for automotive interior structural applications like door window frames. This cutting-edge technology aims to elevate the performance and appearance of automotive components by providing superior surface quality, enhanced durability, appropriate rigidity, customizable designs, and sustainability advantages, including lower density and reduced VOC emissions.
In August 2024, OKE Group GmbH, a German manufacturer of high-quality plastic components, acquired Polymerica Limited Company for an undisclosed amount. This acquisition is intended to bolster OKE Group's market presence in North America and enhance its production capabilities in Eastern Europe, thus strengthening its overall market position and broadening its customer base in the automotive sector. Polymerica Limited Company is a US-based manufacturer specializing in extruded, die-cut, and formed automotive interior parts.
Major companies operating in the automotive plastics market are LyondellBasell Industries Holdings B.V., BASF SE, Covestro AG, Saudi Basic Industries Corporation (SABIC), Borealis AG, DSM, Evonik Industries AG, Exxon Mobil Corporation, Arkema Group, LG Chem, Lumax Auto Technologies, Sanhe Group, Ningbo Sailing Falaixin New Material Co. Ltd., Suzhou Xinyite Plastic Technology Co. Ltd., ShanDong DongChen New Technology Co. Ltd., Amazing Plastics Limited, Rapid Direct, Adreco Plastics, Omega Plastics Group, Rochling Industrial UK Ltd, Rutland Plastics, Nifco UK Limited, SKS Metaplast, Tenn-Tex Plastics, Ideal-Plast LLC, LitPromGarant -NN LLC, COBA Automotive Rus LLC, Atek Ltd, Aectra Plastics, Chevron Phillips Chemical, Americas Styrenics LLC, Johnson Controls, Lear Corporation, Celanese Corporation, Magna International Inc, Thogus Products, Belenus of Brazil S / A, METALAC, H.B. Fuller, Rimco Nigeria Limited, DVC Plastics Limited, COBA Plastics Moulding, Ampa Plastics Group (Pty) Ltd, Finke Plastics
Asia-Pacific was the largest region in the automotive plastics market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive plastics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the automotive plastics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The automotive plastics market consists of sales of diesel vehicles, polymethyl methacrylate, nylon, Styrofoam, injection moulding, and blow moulding. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Automotive Plastics Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses automotive plastics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for automotive plastics ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The automotive plastics market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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