Automotive Plastic Market Analysis, Size, Market Demand, Cost Structures And Forecasts To 2028
                     Automotive Plastic 
Market To Reach USD 
67.51 Billion By 2027
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Market Summary
Automotive Plastic Market Size – USD 29.22 Billion in 2018, Market Growth - CAGR of 11.1%, Market 
Trends –Development in automobile technology, new research in material composition in Automotive 
plastic market
The global Automotive plastic market was valued at USD 29.22 Billion in 2020 and is expected to reach 
USD 67.51 Billion by year 2027, at a CAGR of 11.1 percent. Automotive plastic market is driven by the 
increase in usage of the automobile, such as personal cars, lightweight commercial vehicle, increase in global 
population.
Further key findings from the report suggest
• Asia Pacific region is expected to grow and reach USD 31.25 Billion because of increase in population in major 
economy such as China and India, and Increase in number of vehicle usage help in the growth of the 
Automotive plastic Market
• China has the largest motor vehicle users in the world it accounts to 322 million motor vehicles registered at 
the end of September 2018, which indicate toward the necessity of road marking which can guide the traveler 
about rules and safety
• The United States comes to the second position for the motor vehicles in the world after China. The European 
union member countries in 2009, had an estimated ownership rate of 473 passenger cars per 1000 people
• Plastics used in Automotive accounted to about 5.8% to 10% of the weight of vehicle but it is about 50% of the 
volume. Lightweight seats, instrument panels, sound control fabrics, the headliner, dash and door panels are 
made with modern polymer combinations
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Market Summary
Key Players: 
Magna International Inc., Covestro AG, Borealis AG, Compagnie Plastic Omnium, Adient plc, Lear 
Corporation, Evonik Industries AG, SABIC, Grupo Antolin-Irausa S.A., Teijin Ltd., Royal DSM N.V., Johnson 
Controls International PLC, Momentive Performance Materials.
Segmentation:
By Types (Revenue, USD Million; 2016–2026)
• Polypropylene
• Polyurethane
• Polyvinyl Chloride
• ABS
• other
• Polyamide
• HDPE
• Polycarbonate
• PBT
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Market Summary
By Applications (Revenue, USD Million; 2016–2026)
• Interior
• Exterior
• Electric component
• Under Bonnet
Regional Outlook for Vehicle Access Control Market  analyses the following geographies:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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The report emphasizes the following key questions:
Q.1.What are the most lucrative and promising growth prospects for the market?
Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects 
come into play in this advancement?
Q.3.Which geographies are estimated to exhibit the highest growth and the underlying 
causes?
Q.4.Which factors are impacting the future of the market and what are the driving 
factors?
Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast 
period?
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