North America Automotive Plastics For Exterior Trim Market is expected to expand at a CAGR of 3.8% from 2021 to 2028
North America Automotive Plastics For Exterior Trim Industry Overview The North America automotive plastics for exterior trim market size was valued at USD 19.57 million in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.8% from 2021 to 2028. The automotive industry in North America has witnessed a significant change over the years due to the growing trend towards lightweight vehicles to improve fuel efficiency. Plastics are a vital part of this rising trend as they are capable of providing substantial weight reduction, which results in reduced cost of the vehicle and improved fuel efficiency. Automotive exterior trim helps to increase the vehicle's aesthetic appeal and protect the vehicle from the damage that can occur from the external surrounding. Furthermore, exterior trims are used to enhance the vehicle's aesthetic appeal. The automotive exterior trim not only provides aesthetic appeal but also features such as prevention from dents, scratc...