Automotive Plastics Market Report: Trends, Forecast and Competitive Analysis

Publisher: Lucintel
Publication Date: May, 2020
Transportation / Automotive Materials
Pages: 150+
Delivery Format: PDF

Trends, opportunities and forecast in automotive plastics market to 2024 by polymer (polypropylene, polyurethane, polyamide, PVC, ABS, polycarbonates, polyethylene, PMMA and other plastics), by vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), by application (interior, exterior, under the hood and electrical components), and region (North America, Europe, Asia Pacific, and the Rest of the World)

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The future of the automotive plastics market looks promising with opportunities in the passenger cars, light commercial vehicles, and heavy commercial vehicles. The automotive plastics market is expected to reach an estimated $25.5 billion by 2024 and it is forecast to grow at a CAGR of 2.6% from 2019 to 2024.The major drivers of

growth for this market are increasing demand for lightweight materials for OEMs to reduce vehicle weight in response to stringent government regulations on fuel economy. Other major driver includes growth of the vehicle production which is expected to grow at a CAGR of 1.9% during the forecast period and to reach 108.2 million units by 2024.

Emerging trends, which have a direct impact on the dynamics of the automotive plastics industry, include development of recycling technologies for plastics and replacement of PA 66 with cheaper and ad

vanced PA 6.

A total of 182 figures / charts and 157 tables are provided in this 299 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this automotive plastics market report download the report brochure.

The study includes the automotive plastics market size and forecast for the automotive plastics market through 2024, segmented by polymer, vehicle type, application, and region, as follows:

Automotive Plastics Market by Polymer ($ Million and million pounds from 2013 to 2024)

Polypropylene
Polyurethane
Polyamide
PVC
ABS
Polycarbonates
Polyethylene
PMMA
Other Plastics

Automotive Plastics Market by Vehicle Type ($ Million and million pounds from 2013 to 2024)

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

Automotive Plastics Market by Application ($ Million and million pounds from 2013 to 2024)

Interior
Exterior
Under the Hood
Electrical Components

Automotive Plastics Market by Application ($ Million and million pounds for 2018)

Interior
Seating
Dashboard
Trims
Others
Exterior
Bumpers
Trims
Lightings
Fuel systems
Others
Under the Hood
Air intake manifolds
Engine covers
Rocker covers
Front end module
Fuel lines
Other components
Electrical Components

Automotive Plastics Market by Region ($ Million and million pounds from 2013 to 2024)

North America
US
Canada
Mexico
Europe
Germany
France
Russia
United Kingdom
Italy
Asia Pacific
China
Japan
India
South Korea
Indonesia
The Rest of the World
Brazil
Turkey

Some of the automotive plastics companies profiled in this report include BASF, Lyondellbassell, Du Pont. Co, Borealis AG, Dow Chemicals, solvay, DSM, SABIC, EXXON Mobile and Arkema and others.

On the basis of its comprehensive research, Lucintel forecasts that the polypropylene, polyurethane, and polyamide segments will show above average growth during the forecast period.

Passenger car, light commercial vehicle, and heavy commercial vehicle are the major vehicle segments of the automotive plastics market. The passenger car segment is expected to show above average growth during the forecast period due to increasing plastic content per vehicle in emerging applications like oil pans, wheel rims, and battery trays.

Europe is expected to remain the largest region due to increasing use of plastic content per vehicle coupled with stringent government regulations to reduce carbon emissions and to increase fuel efficiency.

Some of the features of this report:

Market size estimates: Automotive plastics market size estimation in terms of value ($M) and volume (Million Pounds) shipment.
Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by application, and end use industry.
Segmentation analysis: Automotive plastics market size by various applications such as polymer, vehicle, and application in terms of value and volume shipment.
Regional analysis: Automotive plastics market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions of automotive plastics in the automotive plastics market.
Strategic analysis: This includes M&A, new product development, and competitive landscape of automotive plastics in the automotive plastics market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the automotive plastics market by polymer (polypropylene, polyurethane, polyamide, PVC, ABS, polycarbonates, polyethylene, PMMA and other plastics), by vehicle type (passenger cars, light commercial vehicles, and heavy commercial vehicles), by application (interior, exterior, under the hood and electrical components), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this automotive plastics market?

Q.5. What are the business risks and competitive threats in this automotive plastics market?

Q.6. What are the emerging trends in this automotive plastics market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the automotive plastics market?

Q.8. What are the new developments in the automotive plastics market? Which companies are leading these developments?

Q.9. Who are the major players in this automotive plastics market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this automotive plastics market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the automotive plastics industry?

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Automotive Plastics Market Report: Trends, Forecast and Competitive Analysis

Emerging trends, which have a direct impact on the dynamics of the automotive plastics industry, include development of recycling technologies for plastics and replacement of PA 66 with cheaper and ad

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