Canada Automotive Plastics Market Size & Outlook, 2025-2033
Related Markets
Canada automotive plastics market highlights
- The Canada automotive plastics market generated a revenue of USD 588.9 million in 2024 and is expected to reach USD 857.3 million by 2033.
- The Canada market is expected to grow at a CAGR of 4.5% from 2025 to 2033.
- In terms of segment, injection molding was the largest revenue generating process in 2024.
- Thermoforming is the most lucrative process segment registering the fastest growth during the forecast period.
Automotive plastics market data book summary
| Market revenue in 2024 | USD 588.9 million |
| Market revenue in 2033 | USD 857.3 million |
| Growth rate | 4.5% (CAGR from 2025 to 2033) |
| Largest segment | Injection molding |
| Fastest growing segment | Thermoforming |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Other, Thermoforming, Injection Molding, Blow Molding |
| Key market players worldwide | Akzo Nobel NV, Basf SE, Covestro AG, Evonik Industries AG, Adient PLC, Magna International Inc, Momentive, SABIC, Dow Inc, Hanwha, Grupo Antolin, Lear Corporation, Owens-Corning Inc, Quadrant Group, Koninklijke DSM NV, Teijin Ltd |
Other key industry trends
- In terms of revenue, Canada accounted for 1.9% of the global automotive plastics market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. automotive plastics market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 6,917.1 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Automotive Plastics Market Scope
Automotive Plastics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Adient PLC | View profile | 70000 | 3 Dublin Landings, North Wall Quay, IFSC, Dublin 1, Dublin, Ireland, D01 H104 | https://www.adient.com |
| Lear Corporation | View profile | 10001+ | Southfield, Michigan, United States, North America | http://lear.com |
| Grupo Antolin | View profile | 10001+ | Burgos, Castilla y Leon, Spain, Europe | http://www.grupoantolin.com |
| Quadrant Group | View profile | 251-500 | Burgess Hill, West Sussex, United Kingdom, Europe | http://www.quadrantgrp.com/ |
| Magna International Inc | View profile | 179000 | 337 Magna Drive, Aurora, ON, Canada, L4G 7K1 | https://www.magna.com |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| Hanwha | View profile | 5001-10000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.hanwhacorp.co.kr/eng/index.jsp |
| Momentive | View profile | 5001-10000 | Schenectady, New York, United States, North America | https://www.momentive.com/ |
| Owens-Corning Inc | View profile | 18000 | One Owens Corning Parkway, Toledo, OH, United States, 43659 | https://www.owenscorning.com |
| Akzo Nobel NV | View profile | 35500 | Christian Neefestraat 2, Amsterdam, NH, Netherlands, 1077 WW | https://www.akzonobel.com |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Evonik Industries AG | View profile | 33409 | Rellinghauser Strasse 1-11, Essen, NW, Germany, 45128 | https://www.evonik.com |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
Canada automotive plastics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive plastics market will help companies and investors design strategic landscapes.
Injection molding was the largest segment with a revenue share of 58.77% in 2024. Horizon Databook has segmented the Canada automotive plastics market based on other, thermoforming, injection molding, blow molding covering the revenue growth of each sub-segment from 2021 to 2033.
Canada’s automobile market has been highly affected by the Trans-Pacific Partnership trade deal. Under this agreement, the tariff on imported passenger vehicles are phased out. This is likely to lower the prices of imported cars in the country and create a more competitive landscape for the Canadian manufacturers.
Higher competition is expected to influence the manufacturers to produce cheaper and more efficient vehicles, which, in turn, is projected to drive automotive plastics market in Canada. The Canadian Government's goal of achieving carbon neutrality by 2050 is spurring notable investments in infrastructure and green initiatives, evident in the budgets for 2021, 2022, and 2023.
Reasons to subscribe to Canada automotive plastics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada automotive plastics market databook
-
Our clientele includes a mix of automotive plastics market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada automotive plastics market , including forecasts for subscribers. This country databook contains high-level insights into Canada automotive plastics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Canada Polypropylene (PP) - Automotive Plastics Market size, 2024 - 2033 (US$M)
Canada Automotive Plastics Market Outlook Share, 2024 & 2033 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
