North America Automotive Plastics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

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North America Automotive Plastics Market

The market is expected to grow at a CAGR of 5.5%. Profits will be driven by new advancements made in materials and regulatory pressure will be the major forces propelling growth. Fuel economy standards that are being increasingly adopted throughout North America, it is pushing manufacturers to design lighter-weight models of their brands. 

Canada and Mexico have implemented standards in line with US CAFE requirements in recent years, seeking to establish continent-wide regulations to ensure that their respective automotive industries remain competitive. On an average, today's automobiles have about 11% plastics by weight and 50% plastics by volume. This is expected to increase by 4-5% in the next 6 years.

Among all the automotive plastics, polypropylene (PP) leads consumption by 35% followed by polyurethanes (PU) (17%), acrylonitrile butadiene styrene (ABS) and polyvinyl chloride (PVC) are the other major plastic materials that have been in great demand in automobile manufacturing. There is an increasing demand for biodegradable plastics such as starch-based, PHA-, PLA-, PCL- and PBS-based.

Market Dynamics of the North American Automotive Plastics Market:


  • Increased demand by the automotive sector
  • Stringent government regulation


  • The increase in raw materials prices 
  • Huge capital investment

The North American automotive plastics market is segmented by product into polypropylene, polyurethane, acrylonitrile butadiene styrene (ABS), polyvinyl chloride (PVC), polyethylene (PE), polymethyl methacrylate (PMMA), high density polyethylene (HDPE) and polycarbonate (PC). The analysis further studied the automotive plastics market by applications as: automobile interior, automobile exterior, under the hood and electrical components. The North American automotive plastics market is also studied and divided by geography: U.S.A and Canada.

The key players in this market are:

  • BASF Corporation
  • Bayer MaterialScience
  • DuPont Engineering Polymers
  • Lanxess Corporation

Key Deliverables in the Study

  • Analysis for the North American automotive plastics market, with region specific assessments and competition analysis on a regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the North American automotive plastics market on a regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.

1. Introduction

1.1 Description

1.2 Research Methodology

1.3 Report Outline

2. Executive Summary  

3. Market Overview

3.1 Current Market Scenario

3.2 Industry Value Chain Analysis

3.3 Industry Attractiveness – Porter’s Five Force Analysis

3.3.1 Bargaining Power of Suppliers

3.3.2 Bargaining Power of Buyers

3.3.3 Threat of New Entrants

3.3.4 Threat of Substitute Products and Services

3.3.5 Degree of Competition

  4. Market Dynamics

4.1 Introduction

4.2 Drivers

4.3 Constraints

4.4 Opportunities

  5. Market Segmentation and Analysis

5.1 By Product

5.1.1 Polypropylene (PP)

5.1.2 Polyurethane (PUR)

5.1.3 Acrylonitrile butadiene styrene (ABS)

5.1.4 Polyvinyl Chloride (PVC)

5.1.5 Polyethylene (PE)

5.1.6 Polymethyl Methacrylate (PMMA)

5.1.7 High Density Polyethylene (HDPE)

5.1.8 Polycarbonate (PC)

5.2 By Application

5.2.1 Automobile Interior

5.2.2 Automobile Exterior

5.2.3 Under the hood

5.2.4 Electrical components

  6. North America Market Analysis (Market size, growth and forecast)

6.1 United States

6.2 Canada

6.3 Mexico

6.4 Rest of North America

  7. Competitive Landscape

7.1 Market Shares of Leading Players

7.2 Strategies Adopted by Leading Players

  8. Company Profiles

8.1 Akzonobel N.V.

8.1.1 Overview

8.1.2 Major Products and Services

8.1.3 Financials

8.1.4 Recent Developments

8.2 BASF Corporation

8.2.1 Overview

8.2.2 Major Products and Services

8.2.3 Financials

8.2.4 Recent Developments

8.3 Evonik Industries

8.3.1 Overview

8.3.2 Major Products and Services

8.3.3 Financials

8.3.4 Recent Developments

8.4 ExxonMobil Chemical

8.4.1 Overview

8.4.2 Major Products and Services

8.4.3 Financials

8.4.4 Recent Developments

8.5 Bayer MaterialScience

8.5.1 Overview

8.5.2 Major Products and Services

8.5.3 Financials

8.5.4 Recent Developments

8.6 Chevron Phillips

8.6.1 Overview

8.6.2 Major Products and Services

8.6.3 Financials

8.6.4 Recent Developments

8.7 Dow Automotive

8.7.1 Overview

8.7.2 Major Products and Services

8.7.3 Financials

8.7.4 Recent Developments

8.8 DuPont Engineering Polymers

8.8.1 Overview

8.8.2 Major Products and Services

8.8.3 Financials

8.8.4 Recent Developments


8.9.1 Overview

8.9.2 Major Products and Services

8.9.3 Financials

8.9.4 Recent Developments

8.10 Braskem America

8.10.1 Overview

8.10.2 Major Products and Services

8.10.3 Financials

8.10.4 Recent Developments

8.11 Lanxess Corporation

8.11.1 Overview

8.11.2 Major Products and Services

8.11.3 Financials

8.11.4 Recent Developments

8.12 LyondellBasell

8.12.1 Overview

8.12.2 Major Products and Services

8.12.3 Financials

8.12.4 Recent Developments

8.13 Styron, LLC

8.13.1 Overview

8.13.2 Major Products and Services

8.13.3 Financials

8.13.4 Recent Developments

8.14 Solvay Advanced Polymers, LLC

8.14.1 Overview

8.14.2 Major Products and Services

8.14.3 Financials

8.14.4 Recent Developments

8.15 TOTAL Petrochemicals USA, Inc.

8.15.1 Overview

8.15.2 Major Products and Services

8.15.3 Financials

8.15.4 Recent Developments

8.16 The Vinyl Institute

8.16.1 Overview

8.16.2 Major Products and Services

8.16.3 Financials

8.16.4 Recent Developments

8.17 Borealis AG

8.17.1 Overview

8.17.2 Major Products and Services

8.17.3 Financials

8.17.4 Recent Developments

8.18 Magna International Incorporated

8.18.1 Overview

8.18.2 Major Products and Services

8.18.3 Financials

8.18.4 Recent Developments

8.19 Owens Corning

8.19.1 Overview

8.19.2 Major Products and Services

8.19.3 Financials

8.19.4 Recent Developments

8.20 Royale DSM N.V.

8.20.1 Overview

8.20.2 Major Products and Services

8.20.3 Financials

8.20.4 Recent Developments

8.21 Teijin Limited

8.21.1 Overview

8.21.2 Major Products and Services

8.21.3 Financials

8.21.4 Recent Developments

8.22 Hanwha Azdel INC.

8.22.1 Overview

8.22.2 Major Products and Services

8.22.3 Financials

8.22.4 Recent Developments

8.23 Lear Corporation

8.23.1 Overview

8.23.2 Major Products and Services

8.23.3 Financials

8.23.4 Recent Developments

8.24 Quadrant AG

8.24.1 Overview

8.24.2 Major Products and Services

8.24.3 Financials

8.24.4 Recent Developments

8.25 Momentive Performance Materials Inc.

8.25.1 Overview

8.25.2 Major Products and Services

8.25.3 Financials

8.25.4 Recent Developments

8.26 Zoltek Company Inc.

8.26.1 Overview

8.26.2 Major Products and Services

8.26.3 Financials

8.26.4 Recent Developments

8.27 Ford 

8.27.1 Overview

8.27.2 Major Products and Services

8.27.3 Financials

8.27.4 Recent Developments

8.28 General Motors

8.28.1 Overview

8.28.2 Major Products and Services

8.28.3 Financials

8.28.4 Recent Developments

  9. Appendix

9.1 Abbreviations

9.2 Bibliography

9.3 Disclaimer

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