Automotive Plastics Exterior Parts Market by Product (Radiator Grille, Bumper, Tailgate, Others), End-User (Commercial Vehicle, Passenger Car) Region Industry Size, Share Forecast to 2027
Report Description
The global automotive plastics exterior parts market size is estimated at USD 5,804.3 million in 2020, expanding at a CAGR 3.1% from 2021-2027 to reach 6,900.1 million USD in 2027.
Market Dynamics
Automotive plastics are materials used for making vehicle components by replacing metals in automobiles as these plastics provide similar properties, such as stiffness, toughness, abrasion resistance, and flame retardants. Automotive plastic exterior parts are comprised of products related to automotive products that improve and enhance the appearance of an automobile. Some of the parts included in automotive exterior parts are car bumper guard, plastic car door guard, front mudguard, rear mudguard, tire inflators, etc.
The increasing production of automobiles along with rising investments to boost automotive production of exterior parts across the globe are the major factors driving the growth of the global automotive plastics exterior parts market. In addition, the increasing demand for lightweight automotive for better vehicle performance and the increasing expansion of advanced plastics for manufacturing automotive components are other factors expected to propel the growth of the global automotive plastics exterior parts market during the forecast period. For instance, in February 2017, Asahi Kasei Corp. announced the launch of an Engineering Plastics Technical Center in Europe intending to expand its European automotive-related business. With the new Technical Center, the company will be able to swiftly develop engineering plastics compounds & provide technical solutions to meet the rising needs of European customers in the automotive industry.
However, various government authorities have enforced regulatory policies related to the plastic used in exterior parts of automotive. In addition, the costs associated with automotive exterior parts are high. These factors are projected to hinder the growth of the global market during the forecast period.
Among products, the radiator grille sub-segment is expected to witness significant growth over the forecast period, owing to rising demand for automobiles with improved design and shape across the globe. The North American market for automotive plastic exterior parts is expected to dominate the global industry by 2027. This can be attributed to the presence of leading manufacturing companies and the rising demand for automotive polymers in the region.
Some of the key players operating in the automotive plastics exterior parts market globally include Plastic Omnium, Toyoda Gosei, Pacific Auto Company, TRINSEO, Rehau, CIE Automotive, Seoyon E-Hwa, KIRCHHOFF, Arkal Automotive, Novatec, HuaYu Automotive, Beckers Group, Hayashi Telempu, Sabic Innovative Plastics, Hyundai Mobis, Magna, Flex-N-Gate, Jiangnan MPT, Robert Bosch, Denso Corporation, KNAUF Industries, and Ecoplastic. Mergers and acquisitions, product launches, and partnerships are some of the strategies adopted by these key players to hold a significant position in the global industry. For instance, in October 2020, Rochling Automotive introduced ‘New Röchling-BioBoom bioplastic, the first patented polylactide (PLA)-based biopolymer consisting of at least 90% renewable raw materials. The product has been proved to be an economical and ecological alternative to most conventional materials such as polyester (PC, PET, PBT) but also polyolefins (such as PP) polystyrene (ABS), and polyamides (PA6).
The report consists of an overview of industry chain structure, elaborates industry environment, and analyzes market size and forecast of the Automotive Plastics Exterior Parts by product, end-users/applications, and region. Besides, this report introduces the market competition situation among the vendors and company profiles. Furthermore, market price analysis and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):
- Plastic Omnium
- Toyoda Gosei
- Pacific Auto Company
- TRINSEO
- Rehau
- CIE Automotive
- Seoyon E-Hwa
- KIRCHHOFF
- Arkal Automotive
- Novatec
- HuaYu Automotive
- Beckers Group
- Hayashi Telempu
- Sabic Innovative Plastics
- Hyundai Mobis
- Magna
- Jiangnan MPT
- Robert Bosch
- Flex-N-Gate
- KNAUF Industries
- Ecoplastic
- Denso Corporation
Product Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Radiator Grille
- Bumper
- Tailgate
- Others
End Users/Applications Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Commercial Vehicle
- Passenger Car
Region Coverage (Regional Consumption, Demand & Forecast by Countries, etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain, etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina, etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa, etc.)
Table Of Content
1. Automotive Plastics Exterior Parts Market Overview
1.1. Product Overview and Scope of Automotive Plastics Exterior Parts
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Automotive Plastics Exterior Parts Market Size Growth Rate Analysis by Product 2020 VS 2027
1.3.1. Radiator Grille
1.3.2. Bumper
1.3.3. Tailgate
1.3.4. Others
1.4. Global Automotive Plastics Exterior Parts Consumption Comparison by End Users/Applications: 2020 VS 2027
1.4.1. Passenger Car
1.4.2. Commercial Vehicle
1.5. Global Automotive Plastics Exterior Parts Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.5.1. North America Automotive Plastics Exterior Parts Estimates
1.5.2. Europe Automotive Plastics Exterior Parts Estimates
1.5.3. China Automotive Plastics Exterior Parts Estimates
1.5.4. Japan Automotive Plastics Exterior Parts Estimates
2. Market Competition by Manufacturers
2.1. Global Automotive Plastics Exterior Parts Revenue Market Share by Manufacturers (2020)
2.2. Automotive Plastics Exterior Parts Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.3. Global Automotive Plastics Exterior Parts Average Price by Manufacturers (2016-2021)
2.4. Manufacturers Automotive Plastics Exterior Parts Production Sites, Area Served, Product Types
2.5. Automotive Plastics Exterior Parts Market Competitive Situation and Trends
2.5.1. Automotive Plastics Exterior Parts Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Automotive Plastics Exterior Parts Consumption by Region (2016-2021)
3.1. Global Automotive Plastics Exterior Parts Consumption by Region
3.2. Global Automotive Plastics Exterior Parts Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Automotive Plastics Exterior Parts Consumption Growth Rate (2016-2021)
3.2.3. North America Automotive Plastics Exterior Parts Consumption, Price and Gross Margin (2016-2021)
3.2.4. North America Automotive Plastics Exterior Parts Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Automotive Plastics Exterior Parts Consumption Growth Rate (2016-2021)
3.2.7. Europe Automotive Plastics Exterior Parts Consumption, Price and Gross Margin (2016-2021)
3.2.8. Europe Automotive Plastics Exterior Parts Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Automotive Plastics Exterior Parts Consumption Growth Rate (2016-2021)
3.2.11. Asia Pacific Automotive Plastics Exterior Parts Consumption, Price and Gross Margin (2016-2021)
3.2.12. Asia Pacific Automotive Plastics Exterior Parts Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Automotive Plastics Exterior Parts Consumption Growth Rate (2016-2021)
3.2.15. South America Automotive Plastics Exterior Parts Consumption, Price and Gross Margin (2016-2021)
3.2.16. South America Automotive Plastics Exterior Parts Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Automotive Plastics Exterior Parts Consumption Growth Rate (2016-2021)
3.2.19. Middle East and Africa Automotive Plastics Exterior Parts Consumption, Price and Gross Margin (2016-2021)
3.2.20. Middle East and Africa Automotive Plastics Exterior Parts Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Automotive Plastics Exterior Parts Consumption by Product (2016-2021)
4.1. Global Automotive Plastics Exterior Parts Price by Product (2016-2021)
4.2. Global Automotive Plastics Exterior Parts Revenue Market Share by Product (2016-2021)
4.2.1. Radiator Grille
4.2.2. Bumper
4.2.3. Tailgate
4.2.4. Others
5. Global Automotive Plastics Exterior Parts Consumption by End Users/Applications (2016-2021)
5.1. Global Automotive Plastics Exterior Parts Price by End Users/Applications (2016-2021)
5.2. Global Automotive Plastics Exterior Parts Revenue Market Share by End Users/Applications (2016-2021)
5.2.1. Commercial Vehicle
5.2.2. Passenger Car
6. Key Companies Profiled
6.1. Plastic Omnium
6.1.1. Plastic Omnium Automotive Plastics Exterior Parts Corporation Information
6.1.2. Plastic Omnium Automotive Plastics Exterior Parts Product Portfolio
6.1.3. Plastic Omnium Automotive Plastics Exterior Parts Consumption, Price and Gross Margin (2016-2021)
6.1.4. Plastic Omnium Main Business and Markets Served
6.1.5. Plastic Omnium Recent Developments/Updates
6.2. Toyoda Gosei
6.3. Pacific Auto Company
6.4. TRINSEO
6.5. Rehau
6.6. CIE Automotive
6.7. Seoyon E-Hwa
6.8. KIRCHHOFF
6.9. Arkal Automotive
6.10. Novatec
6.11. HuaYu Automotive
6.12. Beckers Group
6.13. Hayashi Telempu
6.14. Sabic Innovative Plastics
6.15. Hyundai Mobis
6.16. Magna
6.17. Flex-N-Gate
6.18. Jiangnan MPT
6.19. Robert Bosch
6.20. Denso Corporation
6.21. KNAUF Industries
6.22. Ecoplastic
7. Marketing Channel, Distributors and Customers
7.1. Marketing Channel
7.2. Automotive Plastics Exterior Parts Distributors List
7.3. Automotive Plastics Exterior Parts Customers
8. Market Dynamics
8.1. Automotive Plastics Exterior Parts Industry Trends
8.2. Automotive Plastics Exterior Parts Growth Drivers
8.3. Automotive Plastics Exterior Parts Market Challenges
8.4. Automotive Plastics Exterior Parts Market Restraints
9. Global Automotive Plastics Exterior Parts Consumption and Demand Forecast, by Region (2022-2027)
9.1. Global Forecasted Demand Analysis of Automotive Plastics Exterior Parts, by Regions and Country
9.1.1. North America Forecasted Consumption of Automotive Plastics Exterior Parts by Country
9.1.2. Europe Market Forecasted Consumption of Automotive Plastics Exterior Parts by Country
9.1.3. Asia Pacific Market Forecasted Consumption of Automotive Plastics Exterior Parts by Region
9.1.4. Latin America Forecasted Consumption of Automotive Plastics Exterior Parts by Country
9.1.5. Middle East and Africa Forecasted Consumption of Automotive Plastics Exterior Parts by Country
10. Global Automotive Plastics Exterior Parts Consumption and Demand Forecast, by Product Segments (2022-2027)
10.1. Global Forecasted Consumption of Automotive Plastics Exterior Parts by Product Segments (2022-2027)
10.2. Global Consumption and Price Forecast by Product Segments (2022-2027)
10.3. Global Forecasted Growth Rate of Automotive Plastics Exterior Parts by Product Segments (2022-2027)
11. Research Finding and Conclusion
12. Methodology and Data Source
12.1. Methodology/Research Approach
12.1.1. Research Programs/Design
12.1.2. Market Size Estimation
12.1.3. Market Breakdown and Data Triangulation
12.2. Data Source
12.2.1. Secondary Sources
12.2.2. Primary Sources
12.3. Author List
12.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
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- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
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- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
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- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
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