Exterior Automotive Plastics Market
Paper, Plastics, Rubber, Wood And Textile Manufacturing

Global Exterior Automotive Plastics Market Size, Drivers, Trends, Opportunities And Strategies – Includes Exterior Automotive Plastics Market Analysis

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

Rising automotive demand is likely to promote innovation in external automotive plastics manufacturing, propelling the market during the forecast period.

 

The global exterior automotive plastics market is expected to grow from $11.25 billion in 2022 to $12.01 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The global exterior automotive plastics market size is expected to reach $15.07 billion in 2027 at a CAGR of 5.8%.

 

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Global Exterior Automotive Plastics Market Segments Include:

  • By Type: Thermoplastic polymers, Composites, Bioplastics
  • By Vehicle Type: Passenger Cars, Commercial Vehicles, Other Vehicle Types
  • By Material: Polyurethane, Polycarbonate, Polypropylene, Polyethylene, Polyamide, Polyvinyl Chloride, Other Materials
  • By Application: Bumpers and Grills, Roof, Lights, Liftgate, Other Applications
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global exterior automotive plastics market in 2021.

 

Major Market Players in the exterior automotive plastics market include Arkema S.A., BASF SE, Borealis AG, DuPont de Nemours Inc., Royal DSM N.V., Evonic Industries AG, ExxonMobil Corporation, Lanxess, LyondellBasell Industries N.V.

 

The use of sustainable goods is a crucial trend that is gaining traction in the external automotive plastics market. Companies in the external automotive plastics market are implementing sustainable goods to maintain their market position. SABIC, a Saudi Arabia-based company engaged in engineering thermoplastics for lighting components and emerging automotive applications, for example, introduced recycled automotive grades in September 2021, the company’s first automotive grades within the TRUCIRCLE portfolio of circular solutions and services. SABIC T2E-3320EH PP compound, a high-flow, low-emission, talc-filled polypropylene; UV-stabilized blend of polycarbonate and polyethylene terephthalate; and XENOY T2NX5230 resin, a mineral-filled PC/PET blend applicable in the automotive industry, are among the new resins. These are environmentally friendly and feature up to 29% recycled content, offering automotive clients with new options to help them meet their sustainability goals.

 

The Exterior Automotive Plastics Global Market Report 2023  provides a exterior automotive plastics market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The exterior automotive plastics market forecast analyzes exterior automotive plastics market size, exterior automotive plastics market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

outside automobile plastics are plastic polymers used in the manufacture of various vehicle outside components. These thermoplastic polymers, composites, bioplastics, and other plastic blends are examples of plastic materials.

 

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