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Automotive Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global automotive plastics market reached a value of US$ 38.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 51.65 Billion by 2027, exhibiting a growth rate (CAGR) of 4.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Automotive plastics include polypropylene (PP), polyurethane (PU), polyvinyl chloride (PVC), acrylonitrile butadiene styrene (ABS), nylon, polyethylene (PE), polyoxymethylene (POM) and polycarbonate (PC). These plastics assist in extending the life of automobiles, increasing design flexibility, reducing manufacturing costs and easing integration of components. Besides this, they also help reduce the weight of vehicles by replacing heavy materials, such as metal and glass, to save energy and improve fuel efficiency. 

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Automotive Plastics Market Trends:

There is currently a rise in the sales of electric and hybrid vehicles (EVs/HVs) around the world. This represents one of the key factors propelling the growth of the market. Moreover, automotive plastics find applications in the production of fuel tanks, carpet fibers, wheel covers, suspension bushings, dashboards, headlamp lenses, truck bed liners, mud flaps, bumpers, and gears. In addition, there is an increase in the use of synthetic coatings on metal surfaces to minimize the risk of corrosion caused by salt damage, high heat and water exposure. Besides this, nylon is utilized for manufacturing seat belts and airbags on account of its tear-resistant properties. This, along with the escalating demand for lightweight and affordable vehicles, is positively influencing the market. Apart from this, leading players are relying on bio-based plastics and polymers instead of fossil-based plastics to reduce their carbon footprint and promote sustainability. Furthermore, they are using recycled plastics for manufacturing seat cushions, replacement bumpers, splash guards, and wheel liners. This, coupled with the burgeoning plastics industry, is augmenting the overall sales and profitability. Other factors facilitating the growth of the market include technological advancements and extensive research and development (R&D) activities financed by automobile manufacturers.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive plastics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on vehicle type, material and application.

Breakup by Vehicle Type:

 

 
 

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  • Conventional and Traditional Vehicles
  • Electric Vehicles
     

Breakup by Material:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyurethane (PU)
  • Polymethyl Methacrylate (PMMA)
  • Polycarbonate (PC)
  • Polyamide
  • Others
     

Breakup by Application:

  • Powertrain
  • Electrical Components
  • Interior Furnishings
  • Exterior Furnishings
  • Under the Hood
  • Chassis
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Asahi Kasei Corporation, BASF SE, Borealis AG, Covestro AG, Dow Inc., Koninklijke DSM N.V., Lanxess AG, Lear Corporation, LyondellBasell Industries N.V., Saudi Basic Industries Corporation, Solvay S.A and Teijin Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Vehicle Type, Material, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Asahi Kasei Corporation, BASF SE, Borealis AG, Covestro AG, Dow Inc., Koninklijke DSM N.V., Lanxess AG, Lear Corporation, LyondellBasell Industries N.V., Saudi Basic Industries Corporation, Solvay S.A and Teijin Limited.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Automotive Plastics Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Vehicle Type
    6.1    Conventional and Traditional Vehicles
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Electric Vehicles
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Material
    7.1    Polyethylene (PE)
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Polypropylene (PP)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Polyvinyl Chloride (PVC)
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Acrylonitrile Butadiene Styrene (ABS)
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Polyurethane (PU)
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Polymethyl Methacrylate (PMMA)
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Polycarbonate (PC)
        7.7.1 Market Trends
        7.7.2 Market Forecast
    7.8    Polyamide
        7.8.1 Market Trends
        7.8.2 Market Forecast
    7.9    Others
        7.9.1 Market Trends
        7.9.2 Market Forecast
8    Market Breakup by Application
    8.1    Powertrain
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Electrical Components
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Interior Furnishings
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Exterior Furnishings
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Under the Hood
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Chassis
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Asahi Kasei Corporation
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    BASF SE
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Borealis AG
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4     Covestro AG
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Dow Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Koninklijke DSM N.V.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Lanxess AG
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Lear Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    LyondellBasell Industries N.V.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Saudi Basic Industries Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Solvay S.A
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Teijin Limited
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Automotive Plastics Market: Major Drivers and Challenges
Figure 2: Global: Automotive Plastics Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Automotive Plastics Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Automotive Plastics Market: Breakup by Vehicle Type (in %), 2021
Figure 5: Global: Automotive Plastics Market: Breakup by Material (in %), 2021
Figure 6: Global: Automotive Plastics Market: Breakup by Application (in %), 2021
Figure 7: Global: Automotive Plastics Market: Breakup by Region (in %), 2021
Figure 8: Global: Automotive Plastics (Conventional and Traditional Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Automotive Plastics (Conventional and Traditional Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Automotive Plastics (Electric Vehicles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Automotive Plastics (Electric Vehicles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Automotive Plastics (Polyethylene-PE) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Automotive Plastics (Polyethylene-PE) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Automotive Plastics (Polypropylene-PP) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Automotive Plastics (Polypropylene-PP) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Automotive Plastics (Polyvinyl Chloride-PVC) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Automotive Plastics (Polyvinyl Chloride-PVC) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Automotive Plastics (Acrylonitrile Butadiene Styrene-ABS) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Automotive Plastics (Acrylonitrile Butadiene Styrene-ABS) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Automotive Plastics (Polyurethane-PU) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Automotive Plastics (Polyurethane-PU) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Automotive Plastics (Polymethyl Methacrylate-PMMA) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Automotive Plastics (Polymethyl Methacrylate-PMMA) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Automotive Plastics (Polycarbonate-PC) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Automotive Plastics (Polycarbonate-PC) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Automotive Plastics (Polyamide) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Automotive Plastics (Polyamide) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Automotive Plastics (Other Materials) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Automotive Plastics (Other Materials) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Automotive Plastics (Powertrain) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Automotive Plastics (Powertrain) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Automotive Plastics (Electrical Components) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Automotive Plastics (Electrical Components) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Automotive Plastics (Interior Furnishings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Automotive Plastics (Interior Furnishings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Automotive Plastics (Exterior Furnishings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Automotive Plastics (Exterior Furnishings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Automotive Plastics (Under the Hood) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Automotive Plastics (Under the Hood) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Automotive Plastics (Chassis) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Automotive Plastics (Chassis) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: North America: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: North America: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: United States: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: United States: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Canada: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Canada: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Asia-Pacific: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Asia-Pacific: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: China: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: China: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Japan: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Japan: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: India: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: India: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: South Korea: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: South Korea: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Australia: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Australia: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Indonesia: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Indonesia: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Europe: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Europe: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Germany: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Germany: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: France: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: France: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: United Kingdom: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: United Kingdom: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Italy: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Italy: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Spain: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Spain: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Russia: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Russia: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Latin America: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Latin America: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Brazil: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Brazil: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Mexico: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Mexico: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Others: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Others: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Middle East and Africa: Automotive Plastics Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Middle East and Africa: Automotive Plastics Market: Breakup by Country (in %), 2021
Figure 90: Middle East and Africa: Automotive Plastics Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Global: Automotive Plastics Industry: SWOT Analysis
Figure 92: Global: Automotive Plastics Industry: Value Chain Analysis
Figure 93: Global: Automotive Plastics Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Automotive Plastics Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Automotive Plastics Market Forecast: Breakup by Vehicle Type (in Million US$), 2022-2027
Table 3: Global: Automotive Plastics Market Forecast: Breakup by Material (in Million US$), 2022-2027
Table 4: Global: Automotive Plastics Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Automotive Plastics Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Automotive Plastics Market: Competitive Structure
Table 7: Global: Automotive Plastics Market: Key Players


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Key Questions Answered in This Report

The global automotive plastics market was valued at US$ 38.7 Billion in 2021.

We expect the global automotive plastics market to exhibit a CAGR of 4.60% during 2022-2027.

The rising adoption of automotive plastics for reducing vehicular weight to control carbon emissions and improve fuel efficiency, is currently catalyzing the global automotive plastics market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary closure of numerous manufacturing units for automotive plastics.

Based on the vehicle type, the global automotive plastics market can be segmented into conventional and traditional vehicles and electric vehicles. Currently, conventional and traditional vehicles hold the majority of the total market share.

Based on the material, the global automotive plastics market has been divided into Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Acrylonitrile Butadiene Styrene (ABS), Polyurethane (PU), Polymethyl Methacrylate (PMMA), Polycarbonate (PC), polyamide, and others. Among these, Polypropylene (PP) currently exhibits a clear dominance in the market.

Based on the application, the global automotive plastics market can be categorized into powertrain, electrical components, interior furnishings, exterior furnishings, under the hood, and chassis. Currently, interior furnishings account for the largest market share.
 

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.

Some of the major players in the global automotive plastics market include Asahi Kasei Corporation, BASF SE, Borealis AG, Covestro AG, Dow Inc., Koninklijke DSM N.V., Lanxess AG, Lear Corporation, LyondellBasell Industries N.V., Saudi Basic Industries Corporation, Solvay S.A, and Teijin Limited.

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