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North America, Europe & Brazil Plastic Component Market Research Report Forecast to 2030

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from $2,950 141 Pages Market Research Future January, 2024 RESFT18444595
Best Price Guarantee
Price from $2,950
Length 141 Pages
Publisher Market Research Future
Published Date January, 2024
SKU RESFT18444595

North America, Europe & Brazil Plastic Component Market Research Report Forecast to 2030


In terms of value, the North America, Europe & Brazil Plastic Component Market is expected to register 4.63% CAGR during the forecast period, 2023 to 2030, and is expected to reach USD 50,331.72 million in 2030.

The automotive industry has witnessed a significant surge in demand for plastic components over the years. Plastic has become an indispensable material in the manufacturing of automobiles due to its versatility, cost-effectiveness, and lightweight properties. From interior trims and dashboard panels to exterior bumpers and body parts, plastic components play a crucial role in enhancing vehicles' overall performance, aesthetics, and functionality.

One of the primary factors driving the demand for plastic components in the automotive market is the continuous push for weight reduction. With increasing concerns about fuel efficiency and environmental impact, automakers are striving to reduce the weight of vehicles to improve fuel economy and lower emissions. Plastic components, such as reinforced polymers and composites, offer an excellent solution as they are much lighter than traditional materials like metal. Manufacturers can achieve significant weight savings by incorporating plastic components without compromising strength and safety.

Moreover, plastic components offer a wide range of design possibilities. They can be molded into complex shapes and forms, allowing automakers to create unique and aesthetically appealing designs. Plastic also provides excellent color retention and surface finish options, enhancing the visual appeal of vehicles. This design flexibility is crucial in a highly competitive and constantly evolving industry as automakers seek to differentiate their products.

Market Segmentation

Plastic Component Market is segmented based on component, vehicle type, materials and North America, Europe & Brazil. By component, the market is segmented into Engine Cover, Transmission Cover, Intake Air Modules, Oil Pan Modules, Cam Cover Modules, Cluster Panels/ Dashboard, Bumpers, Seating, Wheels and Tires, Doors, Interior & Exterior Trims and Others. Based on vehicle, it is segmented into Tractors, Loaders, Scrapers, Excavators, Combine Harvester, Trucks, Buses, and others. Based on material, it is segmented into Polyvinyl Chloride (PVC), Polyurethane (PU), Polypropylene (PP), Polyethylene (PE), Polyamide (PA), Acrylonitrile-Butadiene-Styrene (ABS), Polycarbonate (PC) and Others. Major regions considered within the market are North America, Europe & Brazil.

Major Players

Some of the key market players are Continental AG, FLEX-N-GATE CORPORATION, ElringKlinger AG, Hartford Technologies, Inc., COMPAGNIE PLASTIC OMNIUM SE., Celanese corporation, BASF SE, Hansen Plastics Corporation, LANXESS, and many more.

Companies Mentioned

Continental AG
FLEX-N-GATE CORPORATION
ElringKlinger AG
Hartford Technologies
Inc.
COMPAGNIE PLASTIC OMNIUM SE.
Celanese corporation
BASF SE
Hansen Plastics Corporation
LANXESS
and many more.


1 Executive Summary 12
1.1 North-america, Europe & Brazil Plastic Component Market, Component Type 14
1.2 North-america, Europe & Brazil Plastic Component Market, Vehicle Type 15
1.3 North-america, Europe & Brazil Plastic Component Market, Materials 16
1.4 North-america, Europe & Brazil Plastic Component Market, By Region 17
2 Market Introduction 18
2.1 Definition 18
2.2 Scope Of The Study 18
2.3 Research Objective 18
2.4 Market Structure 19
2.5 Key Buying Criteria 19
3 Research Methodology 20
3.1 Research Process 20
3.2 Primary Research 21
3.3 Secondary Research 22
3.4 Market Size Estimation 23
3.5 Forecast Model 24
3.6 List Of Assumptions & Limitations 25
4 Market Dynamics 26
4.1 Introduction 26
4.2 Drivers 28
4.2.1 Increasing Demand For Lightweight Plastic Components For Vehicles 28
4.2.2 Design Flexibility Offered By Plastic Components Will Augment Its Market Demand 29
4.2.3 Drivers Impact Analysis 30
4.3 Restraint 30
4.3.1 Environmental Impact And Safety Concerns Of Plastic Usage In Automotive Applications 30
4.3.2 Restraint Impact Analysis 31
4.4 Opportunities 31
4.4.1 Cost Advantages Offered By Plastic Components Will Create Growth Opportunities For The Product 31
4.5 Impact Of Coronavirus Outbreak On The Automotive Plastic Components Market 32
5 Market Factor Analysis 34
5.1 Supply/ Value Chain Analysis 34
5.1.1 Raw Material Providers 35
5.1.2 Manufacturing 36
5.1.3 Distributors & Sales 37
5.1.4 End User 37
5.2 Porter’s Five Forces Model 38
5.2.1 Threat Of New Entrants 39
5.2.2 Bargaining Power Of Suppliers 39
5.2.3 Bargaining Power Of Buyers 39
5.2.4 Threat Of Substitutes 40
5.2.5 Intensity Of Rivalry 40
6 North-america, Europe & Brazil Plastic Component Market, By Component Overview 41
6.1 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, By Component,
2019–2030 43
6.2 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, By Component,
2019–2030 44
6.3 Engine Cover 44
6.4 Transmission Cover 45
6.5 Intake Air Modules 45
6.6 Oil Pan Modules 46
6.7 Cam Cover Modules 46
6.8 Cluster Panels 47
6.9 Bumpers 47
6.10 Seating 48
6.11 Wheels And Tires 48
6.12 Doors 49
6.13 Others 49
7 North-america, Europe & Brazil Plastic Component Market, By Vehicle Overview 50
7.1 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, Vehicle Type,
2019–2030 51
7.2 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, Vehicle Type,
2019–2030 52
7.3 Tractors 52
7.4 Loaders 53
7.5 Scrapers 53
7.6 Excavators 53
7.7 Combine Harvesters 54
7.8 Trucks 54
7.9 Buses 55
7.10 Others 55
8 North-america, Europe & Brazil Plastic Component Market, By Materialsoverview 56
8.1 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, Materials,
2019–2030 57
8.2 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, Materials,
2019–2030 58
8.3 Polyvinyl Chloride 58
8.4 Polyurethane (Pu) 59
8.5 Polypropylene (Pp) 59
8.6 Polyethylene (Pe) 59
8.7 Polyamide (Pa) 60
8.8 Acrylonitrile-butadiene-styrene (Abs) 60
8.9 Polycarbonate (Pc) 61
8.10 Others 61
9 North-america, Europe & Brazil Plastic Component Market, By Region 62
9.1 Overview 62
9.1.1 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, By Region, 2019–2030 63
9.1.2 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, By Region, 2019–2030 63
9.2 North America 64
9.2.1 Us 68
9.2.2 Canada 71
9.3 Europe 75
9.3.1 Germany 79
9.3.2 France 82
9.3.3 Uk 85
9.3.4 Italy 88
9.3.5 Russia 91
9.3.6 Spain 94
9.3.7 Rest Of Europe 97
9.4 Brazil 101
10 Competitve Landscape 105
10.1 Introduction 105
10.2 Competitive Benchmarking 107
11 Company Profiles 108
11.1 Continental Ag 108
11.1.1 Company Overview 108
11.1.2 Financial Overview 109
11.1.3 Products Offered 110
11.1.4 Key Developments 110
11.1.5 Swot Analysis 111
11.1.6 Key Strategies 111
11.2 Flex-n-gate Corporation 112
11.2.1 Company Overview 112
11.2.2 Financial Overview 112
11.2.3 Products Offered 112
11.2.4 Key Developments 113
11.2.5 Swot Analysis 114
11.2.6 Key Strategies 114
11.3 Elringklinger Ag 115
11.3.1 Company Overview 115
11.3.2 Financial Overview 116
11.3.3 Products Offered 116
11.3.4 Key Developments 117
11.3.5 Swot Analysis 117
11.3.6 Key Strategies 118
11.4 Hartford Technologies 119
11.4.1 Company Overview 119
11.4.2 Financial Overview 119
11.4.3 Products Offered 119
11.4.4 Key Developments 119
11.4.5 Key Strategies 119
11.5 Compagnie Plastic Omnium Se 120
11.5.1 Company Overview 120
11.5.2 Financial Overview 120
11.5.3 Products Offered 121
11.5.4 Swot Analysis 122
11.5.5 Key Strategies 122
11.6 Celanese Corporation 123
11.6.1 Company Overview 123
11.6.2 Financial Overview 124
11.6.3 Products Offered 124
11.6.4 Key Developments 125
11.6.5 Swot Analysis 125
11.6.6 Key Strategies 126
11.7 Basf Se 127
11.7.1 Company Overview 127
11.7.2 Financial Overview 128
11.7.3 Products Offered 128
11.7.4 Key Developments 129
11.7.5 Swot Analysis 130
11.7.6 Key Strategies 130
11.8 Lanxess Ag. 131
11.8.1 Company Overview 131
11.8.2 Financial Overview 132
11.8.3 Products Offered 132
11.8.4 Key Developments 133
11.8.5 Swot Analysis 134
11.8.6 Key Strategies 134
11.9 Novares Group 135
11.9.1 Company Overview 135
11.9.2 Financial Overview 135
11.9.3 Products Offered 135
11.9.4 Key Developments 136
11.9.5 Key Strategies 136
11.10 Hansen Plastics Corporation. 137
11.10.1 Company Overview 137
11.10.2 Financial Overview 137
11.10.3 Products Offered 137
11.10.4 Key Developments 137
11.10.5 Key Strategies 137
List Of Tables
Table 1 Primary Interviews 21
Table 2 List Of Assumptions & Limitations 25
Table 3 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, By Component,
2019–2030(Usd Million) 43
Table 4 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, By Component,
2019–2030(Kilo Tons) 44
Table 5 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, Vehicle,
2019–2030(Usd Million) 51
Table 6 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, Vehicle,
2019–2030(Kilo Tons) 52
Table 7 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, Materials,
2019–2030(Usd Million) 57
Table 8 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, Materials,
2019–2030(Kilo Tons) 58
Table 9 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, By Region,
2019–2030(Usd Million) 63
Table 10 North-america, Europe & Brazil Plastic Component Market Estimates & Forecast, By Region,
2019–2030(Kilo Tons) 63
Table 11 North America: Market Estimates & Forecast, By Country, 2019–2030(Usd Million) 64
Table 12 North America: Market Estimates & Forecast, By Country, 2019–2030(Kilo Tons) 65
Table 13 North-america Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 65
Table 14 North-america Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 66
Table 15 North-america Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 66
Table 16 North-america Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 67
Table 17 North-america Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 67
Table 18 North-america Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 68
Table 19 Us Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 68
Table 20 Us Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 69
Table 21 Us Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 69
Table 22 Us Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 70
Table 23 Us Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 70
Table 24 Us Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 71
Table 25 Canada Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 71
Table 26 Canada Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 72
Table 27 Canada Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 72
Table 28 Canada Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 73
Table 29 Canada Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 73
Table 30 Canada Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 74
Table 31 Europe: Market Estimates & Forecast, By Country, 2019–2030(Usd Million) 75
Table 32 Europe: Market Estimates & Forecast, By Country, 2019–2030(Kilo Tons) 76
Table 33 Europe Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 76
Table 34 Europe Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 77
Table 35 Europe Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 77
Table 36 Europe Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 78
Table 37 Europe Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 78
Table 38 Europe Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 79
Table 39 Germany Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 79
Table 40 Germany Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 80
Table 41 Germany Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 80
Table 42 Germany Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 81
Table 43 Germany Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 81
Table 44 Germany Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 82
Table 45 France Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 82
Table 46 France Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 83
Table 47 France Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 83
Table 48 France Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 84
Table 49 France Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 84
Table 50 France Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 85
Table 51 Uk Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 85
Table 52 Uk Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 86
Table 53 Uk Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 86
Table 54 Uk Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 87
Table 55 Uk Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 87
Table 56 Uk Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 88
Table 57 Italy Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 88
Table 58 Italy Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 89
Table 59 Italy Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 89
Table 60 Italy Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 90
Table 61 Italy Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 90
Table 62 Italy Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 91
Table 63 Russia Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 91
Table 64 Russia Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 92
Table 65 Russia Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 92
Table 66 Russia Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 93
Table 67 Russia Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 93
Table 68 Russia Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 94
Table 69 Spain Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 94
Table 70 Spain Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 95
Table 71 Spain Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 95
Table 72 Spain Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 96
Table 73 Spain Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 96
Table 74 Spain Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 97
Table 75 Rest Of Europe Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 97
Table 76 Rest Of Europe Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 98
Table 77 Rest Of Europe Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 98
Table 78 Rest Of Europe Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 99
Table 79 Rest Of Europe Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 99
Table 80 Rest Of Europe Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 100
Table 81 Brazil Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Usd Million) 101
Table 82 Brazil Plastic Component Market Estimates & Forecast, By Component, 2019–2030(Kilo Tons) 102
Table 83 Brazil Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Usd Million) 102
Table 84 Brazil Plastic Component Market Estimates & Forecast, Vehicle, 2019–2030(Kilo Tons) 103
Table 85 Brazil Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Usd Million) 103
Table 86 Brazil Plastic Component Market Estimates & Forecast, Materials, 2019–2030(Kilo Tons) 104
Table 87 Continental Ag: Products Offered 110
Table 88 Flex-n-gate Corporation.: Products Offered 112
Table 89 Elringklinger Ag.: Products Offered 116
Table 90 Hartford Technologies: Products Offered 119
Table 91 Compagnie Plastic Omnium Se: Products Offered 121
Table 92 Compagnie Plastic Omnium Se: Key Developments 121
Table 93 Celanese Corporation: Products Offered 124
Table 94 Celanese Corporation: Key Developments 125
Table 95 Basf.: Products Offered 128
Table 96 Basf: Key Developments 129
Table 97 Lanxess Ag: Products Offered 132
Table 98 Lanxess Ag: Key Developments 133
Table 99 Novares: Products Offered 135
Table 100 Novares: Key Developments 136
Table 101 Hansen Plastics Corporation Products Offered 137
List Of Figures
Figure 1 Market Synopsis 13
Figure 2 North-america, Europe & Brazil Plastic Component Market Analysis, Component Type, 2022 And Market Value From 2019-2030 14
Figure 3 North-america, Europe & Brazil Plastic Component Market Analysis, Vehicle Type, 2022 And Market Value From 2019-2030 15
Figure 4 North-america, Europe & Brazil Plastic Component Market Analysis, Materials, 2022 And Market Value From 2019-2030 16
Figure 5 North-america, Europe & Brazil Plastic Component Market Analysis, By Region, 2022 17
Figure 6 North-america, Europe & Brazil Plastic Component Market: Structure 19
Figure 7 Key Buying Criteria For Plastic Component Market 19
Figure 8 Research Process 20
Figure 9 Top-down & Bottom-up Approaches 23
Figure 10 Market Dynamics Overview 27
Figure 11 Drivers Impact Analysis: North-america, Europe & Brazil Plastic Component Market 30
Figure 12 Restraint Impact Analysis: Global Mining Chemicals Market 31
Figure 13 North-america, Europe & Brazil Plastic Component Market: Supply / Value Chain 35
Figure 14 Porter's Five Forces Analysis Of The North-america, Europe & Brazil Plastic Component Market 38
Figure 15 North-america, Europe & Brazil Plastic Component Market, By Component, 2022 (% Share) 41
Figure 16 North-america, Europe & Brazil Plastic Component Market, By Component, 2019–2030 (Usd Million) 42
Figure 17 North-america, Europe & Brazil Plastic Component Market, Vehicle Type, 2022 (% Share) 50
Figure 18 North-america, Europe & Brazil Plastic Component Market, Vehicle Type, 2019–2030 (Usd Million) 51
Figure 19 North-america, Europe & Brazil Plastic Component Market, Materials, 2022 (% Share) 56
Figure 20 North-america, Europe & Brazil Plastic Component Market, Materials, 2019–2030 (Usd Million) 57
Figure 21 North-america, Europe & Brazil Plastic Component Market, By Region, 2019–2030(Usd Million) 62
Figure 22 North-america, Europe & Brazil Plastic Component Market, By Region, 2022 (% Share) 63
Figure 23 North America: Plastic Component Market Share, By Country, 2022 (% Share) 64
Figure 24 Europe: Plastic Component Market Share, By Country, 2022 (% Share) 75
Figure 25 North-america, Europe & Brazil Plastic Component Market: Competitive Benchmarking 107
Figure 26 Continental Ag: Financial Overview Snapshot 109
Figure 27 Continental Ag: Swot Analysis 111
Figure 28 Flex-n-gate Corporation: Swot Analysis 114
Figure 29 Elringklinger Ag: Financial Overview Snapshot 116
Figure 30 Elringklinger Ag: Swot Analysis 117
Figure 31 Compagnie Plastic Omnium Se: Financial Overview Snapshot 120
Figure 32 Compagnie Plastic Omnium Se: Swot Analysis 122
Figure 33 Celanese Corporation: Financial Overview Snapshot 124
Figure 34 Celanese Corporation: Swot Analysis 125
Figure 35 Basf: Financial Overview Snapshot 128
Figure 36 Basf: Swot Analysis 130
Figure 37 Lanxess Ag: Financial Overview Snapshot 132
Figure 38 Lanxess: Swot Analysis 134

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