Global Recycled Plastics for Automotive Market Growth 2024-2030
Recycled plastics are materials created using varying percentages of post-consumer petroleum-based plastics. At present, the recycled plastics that can be applied in the automotive industry are mainly concentrated in the interior.
The global Recycled Plastics for Automotive market size is projected to grow from US$ 344 million in 2024 to US$ 1743 million in 2030; it is expected to grow at a CAGR of 31.0% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Recycled Plastics for Automotive Industry Forecast” looks at past sales and reviews total world Recycled Plastics for Automotive sales in 2023, providing a comprehensive analysis by region and market sector of projected Recycled Plastics for Automotive sales for 2024 through 2030. With Recycled Plastics for Automotive sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Recycled Plastics for Automotive industry.
This Insight Report provides a comprehensive analysis of the global Recycled Plastics for Automotive landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Recycled Plastics for Automotive portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Recycled Plastics for Automotive market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Recycled Plastics for Automotive and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Recycled Plastics for Automotive.
Global key players of Recycled Plastics for Automotive include Indorama Ventures, Kingfa Sci.& Tech. Co., Ltd., Borealis, etc. The top three players hold a share over 49%. Europe is the largest market, and has a share about 75%, followed by China and North America with share 15% and 5%, separately. In terms of product type, Polypropylene (PP) is the largest segment, occupied for a share of 66%. In terms of application, Automotive Interior has a share about 45 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Recycled Plastics for Automotive market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
PET
Polypropylene (PP)
Others
Segmentation by Application:
Automotive Interior
Body Panels
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Indorama Ventures
Kingfa Sci.& Tech. Co., Ltd.
Borealis
TotalEnergies
Veolia
Sabic
DOMO Chemicals
C2P SAS
DSM
LyondellBasell
Key Questions Addressed in this Report
What is the 10-year outlook for the global Recycled Plastics for Automotive market?
What factors are driving Recycled Plastics for Automotive market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Recycled Plastics for Automotive market opportunities vary by end market size?
How does Recycled Plastics for Automotive break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.