Automotive Plastics Market Size To Reach $54.82 Billion By 2033

Automotive Plastics Market Growth & Trends

The global automotive plastics market size is expected to reach USD 54.82 billion by 2033, registering a CAGR of 6.8% from 2026 to 2033, according to a new report by Grand View Research, Inc. Growing awareness of environmental sustainability is a key trend, pushing automakers toward eco-friendly and recyclable plastic solutions. Additionally, advancements in polymer technology and a rising focus on interior aesthetics are expected to contribute to the projected growth of the market. The global automotive plastics market is expected to witness significant growth over the forecast period. Increasing utilization of plastics in automotive components coupled with a rise in the production of passenger cars and heavy-duty vehicles, particularly in Central & South America and Asia Pacific, is expected to boost the growth of the automotive plastics market over the forecast period. Furthermore, vehicle weight regulations and standardization of emission norms are anticipated to impact the market growth positively.

Automobiles involve the use of various types of plastics such as polyurethane, polypropylene, acrylonitrile butadiene styrene (ABS), polyvinyl chloride (PVC), polymethyl methacrylate (PMMA), polycarbonate, polyamides, and others. These materials possess various physical properties that are particularly of use in the automotive industry and can also be employed in other industries, thereby generating additional revenues for automotive plastics.

For instance, polypropylene is highly resistant to chemicals and almost completely impervious to water. These features make it suitable for use in manufacturing automotive bumpers, fuel tanks, cable insulation, battery boxes, petrol cans, and indoor & outdoor carpets. The same properties are also useful in the manufacture of chemical tanks, bottles, non-automotive carpets, liners, and insulators. This diversification of automotive plastics provides a new source of revenue for automotive plastic manufacturers, and the market could expand further into other manufacturing disciplines.

Properties such as high chemical resistance and impermeability to water have contributed to P.P.'s emergence as the dominant material in the automotive plastics market. However, from the manufacturing point of view, Polyurethane (PU) is one of the most attractive materials in the automotive plastics market at present since it is not only the second-largest market segment but also one of the fastest-growing plastics in automotive applications.

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Automotive Plastics Market Report Highlights

• By product, the polypropylene (PP) segment dominated the automotive plastics market, accounting for a revenue share of 32.36% in 2025. Polycarbonate (PC) is expected to grow the fastest CAGR of 7.5% over the forecast period.

• By process, the injection-molding segment led the automotive plastics market and accounted for the largest revenue share of 56.05% in 2025. The thermoforming process is projected to grow at the fastest CAGR of 7.4% from 2026 to 2033 in the automotive plastics market.

• By application, the interior furnishings segment led the market for automotive plastics and accounted for the largest revenue share of more than 44% in 2025. The power train segment is expected to expand at a substantial CAGR of 7.6% during the forecast period.

• Asia Pacific automotive plastics market remains the largest and fastest-growing market with a revenue share of 46.57% in 2025. China dominates regional demand as it is one of the world’s largest automotive producers and a global hub for EV manufacturing.

Automotive Plastics Market Segmentation

Grand View Research has segmented global automotive plastics market report based on product, process, application, and region:

Automotive Plastics Product Outlook (Revenue, USD Million; Volume, Kilotons, 2021 - 2033)

• Acrylonitrile Butadiene Styrene (ABS)

• Polypropylene (PP)

  • PP LGF 20

  • PP LGF 30

  • PP LGF 30Y

  • Others

• Polyurethane (PU)

• Polyvinyl Chloride (PVC)

• Polyethylene (PE)

• Polycarbonate (PC)

• Polymethyl Methacrylate (PMMA)

• Polyamide (PA)

• Others

Automotive Plastics Process Outlook (Revenue, USD Million; Volume, Kilotons, 2021 - 2033)

• Injection Molding

• Blow Molding

• Thermoforming

• Other

Automotive Plastics Application Outlook (Revenue, USD Million; Volume, Kilotons, 2021 - 2033)

• Power Trains

• Electrical Components

• Interior Furnishings

  • IMD or IML

  • Others

• Exterior Furnishings

• Under the Hood

• Chassis

Automotive Plastics Regional Outlook (Revenue, USD Million; Volume, Kilotons, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • South Africa

  • UAE

List of Key Players of Automotive Plastics Market

• BASF SE

• SABIC

• Dow Inc.

• AkzoNobel N.V.

• Covestro AG

• Evonik Industries AG

• Borealis AG

• Royal DSM N.V.

• Magna International, Inc.

• Teijin Limited