Global Automotive Plastics Market to Reach $61.8 Billion by 2030
The global market for Automotive Plastics estimated at US$40.9 Billion in the year 2022, is projected to reach a revised size of US$61.8 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030. Polypropylene (PP), one of the segments analyzed in the report, is projected to record a 6.2% CAGR and reach US$23.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyurethane (PU) segment is readjusted to a revised 4.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $11.2 Billion, While China is Forecast to Grow at 8.9% CAGR
The Automotive Plastics market in the U.S. is estimated at US$11.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13.6 Billion by the year 2030 trailing a CAGR of 8.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 5.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.4 Billion by the year 2030.Select Competitors (Total 181 Featured) -
- Akzo Nobel NV
- BASF SE
- Borealis AG
- Covestro AG
- Dow Inc.
- Evonik Industries AG
- Grupo Antolin-Irausa SA
- Hanwha Azdel, Inc.
- Johnson Controls, Inc.
- Lear Corporation
- Magna International, Inc.
- Momentive Performance Materials, Inc.
- Owens Corning
- Royal DSM NV
- SABIC (Saudi Basic Industries Corporation)
- Teijin Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akzo Nobel NV
- BASF SE
- Borealis AG
- Covestro AG
- Dow Inc.
- Evonik Industries AG
- Grupo Antolin-Irausa SA
- Hanwha Azdel, Inc.
- Johnson Controls, Inc.
- Lear Corporation
- Magna International, Inc.
- Momentive Performance Materials, Inc.
- Owens Corning
- Royal DSM NV
- SABIC (Saudi Basic Industries Corporation)
- Teijin Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 353 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 40.9 Billion |
Forecasted Market Value ( USD | $ 61.8 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |