+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)


Europe Automotive Plastics Market - Segmented by Material Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)

  • ID: 4536103
  • Report
  • Region: Europe
  • 102 pages
  • Mordor Intelligence
until Dec 31st 2019
1 of 5


  • Akzo Nobel N.V.
  • Borealis AG
  • Covestro AG
  • DowDuPont
  • Evonik Industries AG
  • MORE
The European automotive plastics market is expected to grow at a moderate rate during the forecast period (2018 - 2023). Germany is projected to lead the market owing to the growing demand for premium vehicles and increase in exports of German cars. Interior is expected to be the largest application market.

Increasing Safety Concerns for Drivers and Passengers

The use of plastics in the production of automotive has contributed greatly to the safety of drivers and passengers while enhancing the driving experience. According to the National Highway Traffic Safety Administration (NHTSA), use of seat belts and airbags made from durable strands of polyester fiber and high-strength nylon fabric respectively, has helped in saving lives every year. In addition, use of plastics for manufacturing front bumpers, seat belts, airbags, dashboards, drive shafts, and other components in front of vehicles, reduces the energy absorbed during impact and protects the occupants of the vehicle. This increase in safety and protection provided by plastics have increased the consumption of automotive plastics in the recent years.

Interior Application to Continue to Dominate the Market

The interior application is estimated to dominate the automotive plastics market. Use of automotive plastics allows automotive manufacturers to create innovative single piece design that are light in weight. Growing concerns related to the safety of the passengers is boosting the demand for automotive plastics. In addition, increasing demand for plastic materials used to isolate engine noise, and vibration to enhance comfort in the passenger compartment are driving the demand for automotive plastics in the interior application.

Germany to Lead the Market

Germany is projected to dominate the automotive plastics market during the forecast period, owing to the growing demand for premium vehicles and increase in exports of German cars. Increase in demand for high-value, premium, small, and compact-sized cars as well as premium SUVs has boosted the automotive industry. Growing global demand for vehicles “Made in Germany” and increase in the demand for electric motors have raised the production of automotive vehicles. In addition, world-class R&D, coupled with automotive manufacturing heritage and infrastructure, has helped the automotive industry to grow, which, in turn, is driving the market for automotive plastics in the country.

Key developments

September 2017: BASF SE launched new engineering plastics for car interior and body.

February 2018: Evonik Industries AG opened a new plant for specialty polyamide 12 powders (PA 12) at its production site in the Marl Chemical Park, Germany.

Major Players: Azko Nobel NV, BASF SE, Evonik Industries AG, and Covestro AG, among others.

Reasons to Purchase the Report

To understand the impact of application on the market

Analyzing various perspectives of the market with the help of Porter’s five forces analysis

To understand the dominating material type in the market

Countries expected to witness the fastest growth during the forecast period

Identify the latest developments, market shares, and strategies employed by the major market players

3 month analyst support, along with the Market Estimate sheet (in Excel)

Customization of the Report

This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you to get a report that suits your needs.
Note: Product cover images may vary from those shown
2 of 5


  • Akzo Nobel N.V.
  • Borealis AG
  • Covestro AG
  • DowDuPont
  • Evonik Industries AG
  • MORE
1. Introduction
1.1 Research Phases
1.2 Scope of the Market
1.3 Study Deliverables

2. Executive Summary

3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter's Five Forces Analysis
3.2.1 Threat of New Entrants
3.2.2 Threat of Substitute Products and Services
3.2.3 Bargaining Power of Buyers
3.2.4 Bargaining Power of Suppliers
3.2.5 Degree of Competition
3.3 Price Analysis

4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Safety Concerns for Drivers and Passengers
4.1.2 Need for Weight Reduction
4.2 Restraints
4.2.1 High Material Cost
4.2.2 High Investment In Material Research Activities
4.3 Opportunities
4.3.1 Increasing Demand For Automobiles In Europe

5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Material Type
5.1.1 Polypropylene (PP)
5.1.2 Polyurethane (PUR)
5.1.3 Polyvinyl Chloride (PVC)
5.1.4 Acrylonitrile Butadiene Styrene (ABS)
5.1.5 Polyethylene (PE)
5.1.6 Polycarbonate (PC)
5.1.7 Polymethyl Methacrylate (PMMA)
5.1.8 Others
5.2 By Application
5.2.1 Interior
5.2.2 Exterior
5.2.3 Under the Hood
5.2.4 Electrical Components

6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1 Germany
6.2 United Kingdom
6.3 Italy
6.4 France
6.5 Spain
6.6 Russia
6.7 Rest of Europe

7. Competitive Landscape
7.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players

8. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
8.1 Akzo Nobel N.V.
8.3 Evonik Industries AG
8.4 Covestro AG
8.5 Koninklijke Ten Cate bv
8.6 DowDuPont
8.7 Borealis AG
8.9 Solvay
8.10 LyondellBasell Industries Holdings B.V.
*List not exhaustive

9. Disclaimer
**Subject to availability on public domain
Note: Product cover images may vary from those shown
3 of 5


4 of 5
  • Akzo Nobel N.V.
  • Evonik Industries AG
  • Covestro AG
  • Koninklijke Ten Cate bv
  • DowDuPont
  • Borealis AG
  • Solvay
  • LyondellBasell Industries Holdings B.V.
Note: Product cover images may vary from those shown
5 of 5