Automotive Plastic Extruded Parts Market was valued at USD 30.5 Billion in 2022 and is projected to reach USD 48.2 Billion by 2030, growing at a CAGR of 7.4% from 2024 to 2030.
The global automotive plastic extruded parts market is experiencing significant growth driven by rising demand for lightweight and durable components in the automotive sector. Automakers are increasingly utilizing plastic extruded parts to reduce vehicle weight, enhance fuel efficiency, and comply with stringent emission regulations. These parts are used in various applications, including interior trims, bumper systems, and under-the-hood components, due to their corrosion resistance, flexibility, and cost-effectiveness. The growing trend towards electric and hybrid vehicles is further propelling market expansion, as manufacturers seek to optimize energy efficiency through innovative plastic solutions. Asia-Pacific dominates the market due to the presence of major automotive manufacturers and high production volumes, while North America and Europe exhibit steady growth driven by advancements in plastic extrusion technologies and increased investments in automotive innovation.
The market is characterized by ongoing technological advancements, including the development of high-performance plastic materials with enhanced mechanical properties and resistance to high temperatures. Manufacturers are increasingly focusing on sustainable practices by incorporating recycled plastics and bio-based polymers, catering to the automotive industry’s commitment to reducing carbon footprints. The competitive landscape is marked by collaborations between plastic manufacturers and automotive OEMs to deliver customized solutions that meet evolving consumer preferences and regulatory standards. The emergence of advanced extrusion techniques, such as multi-layer extrusion and co-extrusion, is enabling the production of complex and multifunctional automotive parts, boosting the adoption rate among automakers. The increasing adoption of automation and digital manufacturing processes in extrusion facilities is further contributing to market efficiency and product innovation.
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Dayco Products
Doga
Nanbu Plastics
Noda Plastic Seikou
Sugiyama Plastics
Extrudex
Lauren Manufacturing
OKE Group
Eaton
United Plastic Components
Central Plastics
Paul Murphy Plastics
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Gloabl Automotive Plastic Extruded Parts Market
Polyvinyl Chloride (PVC)
Polypropylene (PP)
Polyethylene (PE)
Polycarbonate (PC)
Acrylic
Interior Components
Exterior Components
Under-the-Hood Components
Structural Components
Electrical Components
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
Luxury Vehicles
Single-Screw Extrusion
Double-Screw Extrusion
Co-Extrusion
Blown Film Extrusion
Thermoforming
OEMs (Original Equipment Manufacturers)
Aftermarket Suppliers
Tier 1 Suppliers
Tier 2 Suppliers
Automotive Manufacturers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Gloabl Automotive Plastic Extruded Parts Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Gloabl Automotive Plastic Extruded Parts Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Gloabl Automotive Plastic Extruded Parts Market, By Type
6. Gloabl Automotive Plastic Extruded Parts Market, By Application
7. Gloabl Automotive Plastic Extruded Parts Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Gloabl Automotive Plastic Extruded Parts Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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