Europe Automotive Plastics Market Size, Share & Trends Analysis Report By Process, By Application (Interior Furnishings, Powertrain, Electrical Components, Exterior Furnishings, Chassis, and Under the Hood), By Product, By Country and Growth Forecast, 202

Europe Automotive Plastics Market Size, Share & Trends Analysis Report By Process, By Application (Interior Furnishings, Powertrain, Electrical Components, Exterior Furnishings, Chassis, and Under the Hood), By Product, By Country and Growth Forecast, 2023 - 2030


The Europe Automotive Plastics Market would witness market growth of 4.4% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,853.1 Kilo Tonnes, showcasing a growth of 2.7% (2019-2022).

High-strength and lightweight carbon fiber reinforced plastics (CFRP) are used in premium and high-performance vehicles for components like body panels, chassis components, and interior elements. Glass fiber reinforced plastics (GFRP) are used for their strength and rigidity in components like body panels, providing a balance between weight reduction and structural integrity. Plastics are used in insulating and housing electrical wiring and connectors, providing electrical insulation and protection. Headlamps, taillight housings, and other lighting components often utilize plastics for their transparency, impact resistance, and design flexibility.

The ongoing pursuit of enhanced fuel efficiency and diminished emissions is propelling the automotive industry toward a consistent trend of lightweight. It plays a pivotal role in this trend by offering lightweight alternatives to traditional materials like steel and aluminum. Using plastics in structural components, body panels, and interior elements contributes to weight reduction, enhancing fuel efficiency and performance. There is a growing emphasis on sustainability and eco-friendly practices across industries, including automotive manufacturing. They derived from recycled materials or bio-based sources are gaining popularity. Manufacturers are exploring innovative ways to incorporate sustainable plastics into their production processes, aligning with consumer and regulatory expectations for environmentally responsible practices.

Urbanization has spurred the adoption of electric and hybrid vehicles in Germany. Germany's commitment to sustainable transportation is reflected in the development of charging infrastructure for electric vehicles. Plastics are used for thermal insulation in various vehicle parts, such as heat shields, engine covers, and firewall insulators in France. These components help manage heat distribution and protect sensitive areas from high temperatures in France. Plastics are used to manufacture radiator grilles and air intakes, providing both aesthetic design and functional airflow for effective cooling in France. Plastics offer design flexibility and resistance to environmental elements in France. Hence, all these factors will uplift the regional market’s expansion in the coming years.

The Germany market dominated the Europe Automotive Plastics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,273.2 million by 2030. The UK market is exhibiting a CAGR of 3.5% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.1% during (2023 - 2030).

Based on Process, the market is segmented into Injection Molding, Blow Molding, Thermoforming, and Others. Based on Application, the market is segmented into Interior Furnishings, Powertrain, Electrical Components, Exterior Furnishings, Chassis, and Under the Hood. Based on Product, the market is segmented into Polypropylene (PP), Polyurethane (PU), Acrylonitrile Butadiene Styrene (ABS), Polyvinyl Chloride (PVC), Polyethylene (PE), Polymethyl Methacrylate (PMMA), Polycarbonate (PC), Polyamide (PA), and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • BASF SE
  • SABIC (Saudi Arabian Oil Company)
  • LyondellBasell Industries Holdings B.V.
  • LG Chem Ltd. (LG Corporation)
  • Borealis AG (OMV)
  • Arkema S.A.
  • DuPont de Nemours, Inc.
  • The Dow Chemical Company
  • Covestro AG
  • Evonik Industries AG (RAG-Stiftung)
Europe Automotive Plastics Market Report Segmentation

By Process (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Injection Molding
  • Blow Molding
  • Thermoforming
  • Others
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Interior Furnishings
  • Powertrain
  • Electrical Components
  • Exterior Furnishings
  • Chassis
  • Under the Hood
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Polypropylene (PP)
  • Polyurethane (PU)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyvinyl Chloride (PVC)
  • Polyethylene (PE)
  • Polymethyl Methacrylate (PMMA)
  • Polycarbonate (PC)
  • Polyamide (PA)
  • Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Automotive Plastics Market, by Process
1.4.2 Europe Automotive Plastics Market, by Application
1.4.3 Europe Automotive Plastics Market, by Product
1.4.4 Europe Automotive Plastics Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Opportunities:
3.2.3 Market Restraints
3.2.4 Challenges:
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Automotive Plastics Market
Chapter 5. Europe Automotive Plastics Market by Process
5.1 Europe Injection Molding Market by Country
5.2 Europe Blow Molding Market by Country
5.3 Europe Thermoforming Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Automotive Plastics Market by Application
6.1 Europe Interior Furnishings Market by Country
6.2 Europe Powertrain Market by Country
6.3 Europe Electrical Components Market by Country
6.4 Europe Exterior Furnishings Market by Country
6.5 Europe Chassis Market by Country
6.6 Europe Under the Hood Market by Country
Chapter 7. Europe Automotive Plastics Market by Product
7.1 Europe Polypropylene (PP) Market by Country
7.2 Europe Polyurethane (PU) Market by Country
7.3 Europe Acrylonitrile Butadiene Styrene (ABS) Market by Country
7.4 Europe Polyvinyl Chloride (PVC) Market by Country
7.5 Europe Polyethylene (PE) Market by Country
7.6 Europe Polymethyl Methacrylate (PMMA) Market by Country
7.7 Europe Polycarbonate (PC) Market by Country
7.8 Europe Polyamide (PA) Market by Country
7.9 Europe Others Market by Country
Chapter 8. Europe Automotive Plastics Market by Country
8.1 Germany Automotive Plastics Market
8.1.1 Germany Automotive Plastics Market by Process
8.1.2 Germany Automotive Plastics Market by Application
8.1.3 Germany Automotive Plastics Market by Product
8.2 UK Automotive Plastics Market
8.2.1 UK Automotive Plastics Market by Process
8.2.2 UK Automotive Plastics Market by Application
8.2.3 UK Automotive Plastics Market by Product
8.3 France Automotive Plastics Market
8.3.1 France Automotive Plastics Market by Process
8.3.2 France Automotive Plastics Market by Application
8.3.3 France Automotive Plastics Market by Product
8.4 Russia Automotive Plastics Market
8.4.1 Russia Automotive Plastics Market by Process
8.4.2 Russia Automotive Plastics Market by Application
8.4.3 Russia Automotive Plastics Market by Product
8.5 Spain Automotive Plastics Market
8.5.1 Spain Automotive Plastics Market by Process
8.5.2 Spain Automotive Plastics Market by Application
8.5.3 Spain Automotive Plastics Market by Product
8.6 Italy Automotive Plastics Market
8.6.1 Italy Automotive Plastics Market by Process
8.6.2 Italy Automotive Plastics Market by Application
8.6.3 Italy Automotive Plastics Market by Product
8.7 Rest of Europe Automotive Plastics Market
8.7.1 Rest of Europe Automotive Plastics Market by Process
8.7.2 Rest of Europe Automotive Plastics Market by Application
8.7.3 Rest of Europe Automotive Plastics Market by Product
Chapter 9. Company Profiles
9.1 BASF SE
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 SABIC (Saudi Arabian Oil Company)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 SWOT Analysis
9.3 LyondellBasell Industries Holdings B.V.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 LG Chem Ltd. (LG Corporation)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Product Launches and Product Expansions:
9.4.5 SWOT Analysis
9.5 Borealis AG (OMV)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.5.2 Acquisition and Mergers:
9.5.5.3 Geographical Expansions:
9.5.6 SWOT Analysis
9.6 Arkema S.A.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 SWOT Analysis
9.7 DuPont de Nemours, Inc.
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Acquisition and Mergers:
9.7.6 SWOT Analysis
9.8 The Dow Chemical Company
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 SWOT Analysis
9.9 Covestro AG
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Geographical Expansions:
9.9.6 SWOT Analysis
9.10. Evonik Industries AG (RAG-Stiftung)
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expenses
9.10.5 SWOT Analysis

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