Latest Market Research Report 2025

  Automotive Plastics Industry Overview The global automotive plastics market size was estimated at USD 30.44 billion in 2023 and is anticipated to grow a compound annual growth rate (CAGR) of 5.6% from 2024 to 2030. The expansion of the market is being fueled by the increasing demand for lightweight materials in vehicle manufacturing, driven by the pursuit of enhanced fuel efficiency and reduced emissions. Growing awareness of environmental sustainability is a key trend, pushing automakers toward eco-friendly and recyclable plastic solutions. Additionally, advancements in polymer technology and a rising focus on interior aesthetics are expected to contribute to the projected growth of the market. Gather more insights about the market drivers, restrains and growth of the   Automotive Plastics Market The rapidly evolving automotive industry in China is driving the demand for automotive plastics, as manufacturers strive to comply with environmental standards and g...

  Automotive Plastics Industry Overview The global  automotive plastics market  size is expected to reach USD 43.4 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.7% from 2022 to 2030. A rising preference for high-performance plastics to substitute conventional metals and rubber is expected to impel the market growth.   Automotive Plastics Market Segmentation Grand View Research has segmented the global automotive plastics market on the basis of product, process, application, and region:   Based on the Product Insights, the market is segmented into Acrylonitrile Butadiene Styrene (ABS), Polypropylene (PP), Polyurethane (PU), Polyvinyl Chloride (PVC), Polyethylene (PE), Polycarbonate (PC), Polymethyl Methacrylate (PMMA), Polyamide (PA), and Others. The polypropylene segment led the market for automotive plastics and accounted for a revenue share of more than 30.0% in 2021. ...