AUTOMOTIVE PLASTICS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025 - 2032)

The global automotive plastics market is estimated to be valued at USD 35,264.1 Mn in 2025 and is expected to reach USD 57,004.2 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.1% from 2025 to 2032. The global automotive plastics market represents a critical segment within the automotive materials industry, encompassing a diverse range of polymer-based components that have fundamentally transformed vehicle manufacturing and design paradigms.

Market Dynamics

The global automotive plastics market is propelled by several compelling drivers, with vehicle lightweighting initiatives serving as the primary catalyst, as automotive manufacturers increasingly adopt plastic components to reduce overall vehicle weight and improve fuel efficiency in response to stringent environmental regulations and consumer demand for eco-friendly transportation solutions.

Key Features of the Study

• This report provides in-depth analysis of the global automotive plastics market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global automotive plastics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Akzo Nobel N.V., BASF SE, Covestro AG, Evonik Industries AG, Adient plc, Magna International, Inc., Momentive Performance Materials, Inc., SABIC, Dow, Inc., Borealis AG, Hanwha Azdel Inc., Grupo Antolin, Lear Corporation, Owens Corning, Quadrant AG, and Royal DSM N.V.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global automotive plastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive plastics market

Market Segmentation

• Product Type Insights (Revenue, USD Mn, 2020 - 2032)
  • Polypropylene (PP)
  • Polyurethane (PU)
  • Polycarbonate (PC)
  • Acrylonitrile butadiene styrene (ABS)
  • Polyvinyl Chloride (PVC)
  • Polyethylene (PE)
  • Polymethyl methacrylate (PMMA)
  • Polyamide (Nylon 6, Nylon 66)
  • Other Product Types
• Application Insights (Revenue, USD Mn, 2020 - 2032)
  • Interior Furnishings
  • Electrical Components
  • Exterior Furnishings
  • Power Trains
  • Under the Hood
  • Chassis
  • Other Applications
• Vehicle Type Insights (Revenue, USD, 2020 - 2032)
  • Passenger Cars
  • Light Commercial Vehicles
  • Medium & Heavy Commercial Vehicles
• Regional Insights (Revenue, USD Mn, 2020 - 2032)
  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
  • Akzo Nobel N.V.
  • BASF SE
  • Covestro AG
  • Evonik Industries AG
  • Adient plc
  • Magna International, Inc.
  • Momentive Performance Materials, Inc.
  • SABIC
  • Dow, Inc.
  • Borealis AG
  • Hanwha Azdel Inc.
  • Grupo Antolin
  • Lear Corporation
  • Owens Corning
  • Quadrant AG
  • Royal DSM N.V.