Paper, Plastics, Rubber, Wood And Textile

Exterior Automotive Plastics Market to Reach $17.08 Billion by 2029, Growing at a CAGR of 6.4%

November 13, 2025 by The Business Research Company

Unlock Global Insights – Save 20% on Market Reports with Code ONLINE20

What Is The Global Market Value Of The Exterior Automotive Plastics Industry In 2025?

The exterior automotive plastics market has recorded strong growth in recent years. It will grow from $12.7 billion in 2024 to $13.34 billion in 2025, at a CAGR of 5.1%. The historic growth was driven by industrial expansion, focus on animal health and productivity, fluctuating feed ingredient prices, globalization of livestock production, nutritional awareness, and regulatory support.

Projected to experience considerable expansion, the market encompassing exterior automotive plastics anticipates robust growth over the coming years, reaching a valuation of $17.08 billion by 2029, underpinned by a compound annual growth rate (CAGR) of 6.4%; this upward trajectory throughout the projection period is largely fueled by escalating requirements for aquaculture feed, the pursuit of alternative protein sources, heightened biosecurity awareness, consequences stemming from climate change, and an increasing appetite for animal protein, while key developments shaping this segment involve progress in feed formulation technologies, enhanced traceability and transparency measures, the incorporation of digital tools, novelties in feed additives, and commitments to sustainable procurement practices.

Unlock Your Free Sample Report for Exclusive Market Data:

https://www.thebusinessresearchcompany.com/sample.aspx?id=10440&type=smp

What Are The Emerging Market Drivers Creating New Opportunities In The Exterior Automotive Plastics Industry?

Forward momentum for the exterior automotive plastics market is anticipated, largely fueled by increasing requirements originating from the vehicle manufacturing sector, which encompasses the creation and distribution of diverse modes of transport including passenger cars, hybrid automobiles, and motorbikes. These specialized plastics are integral to automotive exterior component fabrication, featuring prominently in elements like body sections, impact absorbers, front grilles, rearview apparatus, and decorative moldings. A preference for these polymeric substances over conventional resources like steel or aluminum stems from their reduced weight, enhanced resilience, and superior protection against rust. To illustrate this trend, global motor vehicle manufacturing reached 85.4 million units in 2022, marking a 5.7% upturn from the preceding year, data noted in May 2023 by the European Automobile Manufacturers Association, a trade consortium headquartered in Belgium; consequently, this escalating automotive appetite is the primary catalyst pushing the exterior automotive plastics market forward.

How Is The Exterior Automotive Plastics Market Classified Into Different Segments?

The exterior automotive plastics market covered in this report is segmented –

1) By Type: Thermoplastic polymers, Composites, Bioplastics

2) By Vehicle Type: Passenger Cars, Commercial Vehicles, Other Vehicle Types

3) By Material: Polyurethane, Polycarbonate, Polypropylene, Polyethylene, Polyamide, Polyvinyl Chloride, Other Materials

4) By Application: Bumpers and Grills, Roof, Lights, Liftgate, Other Applications

Subsegments:

1) By Thermoplastic Polymers: Polypropylene (PP), Polyethylene (PE), Acrylonitrile Butadiene Styrene (ABS), Polycarbonate (PC), Polyamide (Nylon)

2) By Composites: Glass Fiber Reinforced Plastics (GFRP), Carbon Fiber Reinforced Plastics (CFRP), Natural Fiber Reinforced Plastics

3) By Bioplastics: Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Starch-Based Plastics

Which Competitive Trends Are Defining The Exterior Automotive Plastics Market Structure?

A significant movement within the domain of automotive exterior plastics involves the increasing uptake of environmentally sound materials by market participants aiming to solidify their presence. As an illustration of this trend, in February of 2024, AkzoNobel NV, a corporation headquartered in the Netherlands known for its offerings in paints, specialized chemicals, and coatings, introduced a novel 2K, solvent-based primer available in conductive and dark grey shades, engineered precisely to address the common adhesion challenges encountered by manufacturers when finishing exterior plastic components for original equipment manufacturers (OEMs). Adhesion issues frequently arise because the low surface energy inherent in plastics like polypropylene, due to their low polarity, proves insufficient for proper coating application on items such as contrasting body elements, rocker panels, and bumpers.

Who Are The Prominent Global Companies Shaping The Exterior Automotive Plastics Market?

Major companies operating 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., Convestro AG, Saudi Arabia’s Basic Industries Corporation, Celanese Corporation, Salem Industrial Plastics, Lear Corporation, Magna International Inc., Trinseo S.A., Adient plc, Flex-N-Gate Corporation, Solvay S.A., Teijin Limited, DSM Engineering Plastics, LG Chem Ltd., Kuraray Co. Ltd., Toyoda Gosei Co. Ltd., Sumitomo Chemical Company Limited, Asahi Kasei Corporation, Kautex Textron GmbH & Co. KG, Ravago Group, Plastic Omnium Group, Hanwha Advanced Materials Corp.

Download The Full Report For Exclusive Market Findings:

https://www.thebusinessresearchcompany.com/report/exterior-automotive-plastics-global-market-report

How Do Regional Market Performances Compare Within The Exterior Automotive Plastics Industry?

Asia-Pacific was the largest region in the exterior automotive plastics market in 2024. The regions covered in the exterior automotive plastics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Request A Customized Version Of The Exterior Automotive Plastics Market Report:

https://www.thebusinessresearchcompany.com/customise?id=10440&type=smp

Browse Through More Reports Similar to the Global Exterior Automotive Plastics Market 2025, By The Business Research Company

Automotive Cables Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/automotive-cables-global-market-report

Automotive Halogen Bulbs Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/automotive-halogen-bulbs-global-market-report

Automotive Light Emitting Diode Bulbs Global Market Report 2025

https://www.thebusinessresearchcompany.com/report/automotive-light-emitting-diode-bulbs-global-market-report

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 310-496-7795