North America Automotive Plastics Market Size & Outlook
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North America automotive plastics market highlights
- The North America automotive plastics market generated a revenue of USD 5,193.1 million in 2024.
- The market is expected to grow at a CAGR of 5.6% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2033.
North America data book summary
| Market revenue in 2024 | USD 5,193.1 million |
| Market revenue in 2033 | USD 8,283.0 million |
| Growth rate | 5.6% (CAGR from 2025 to 2033) |
| Largest segment | Injection molding |
| Fastest growing segment | Thermoforming |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 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, North America region accounted for 16.4% of the global automotive plastics market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 26,690.3 million by 2033.
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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 |
North America 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 57.97% in 2024. Horizon Databook has segmented the North America automotive plastics market based on other, thermoforming, injection molding, blow molding covering the revenue growth of each sub-segment from 2021 to 2033.
North America automotive plastics market is characterized by the presence of Owens Corning Corporation, Lear Corporation, Hanwha Azdel Momentive Performance Materials, Johnson Controls, and few others. The utilization of automotive plastics to enhance fuel efficiency, reduce weight, and improve safety is widespread.
High-strength nylon fabrics are typically used for making airbags, while advanced automotive plastics are ideal for manufacturing seatbelts and child safety seats. With major automotive manufacturers and OEMs in the region, these factors are expected to propel the North America automotive plastics market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America automotive plastics market , including forecasts for subscribers. This continent databook contains high-level insights into North America automotive plastics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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North America automotive plastics market size, by country, 2021-2033 (US$M)
North America Automotive Plastics Market Outlook Share, 2024 & 2033 (US$M)
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