United States Automotive Under the Hood Plastic Market was valued at USD 6.5 Billion in 2022 and is projected to reach USD 9.5 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The US Automotive Under the Hood Plastic Market is a dynamic and rapidly evolving sector that is revolutionizing the automotive industry. This market is driven by a growing demand for lightweight materials, increased fuel efficiency, and reduced emissions. As automakers continue to focus on sustainability and enhancing vehicle performance, plastic components are becoming increasingly popular in the under-the-hood applications of vehicles. These plastics replace traditional materials like metal, offering advantages such as lower weight, corrosion resistance, and enhanced design flexibility.
In recent years, there has been a significant shift toward adopting engineering plastics such as polypropylene, polyamide, and polycarbonate in the automotive industry. These plastics are utilized in a variety of under-the-hood components including engine covers, air intake manifolds, and coolant tanks. The demand for these components is growing as automakers strive to meet stringent environmental regulations and improve fuel efficiency. According to industry estimates, the market is expected to grow at a compounded annual growth rate (CAGR) of 6-7% from 2024 to 2030.
One of the key requirements from industries in this market is the need for high-performance plastics that can withstand extreme temperatures, chemicals, and mechanical stress. Automotive manufacturers demand plastics that not only offer superior durability but also contribute to the overall weight reduction of the vehicle. This reduction in weight is essential for improving fuel efficiency and meeting the stringent carbon emission standards that have been put in place by regulatory authorities.
The US Automotive Under the Hood Plastic Market is also being shaped by technological advancements. Innovations such as 3D printing and improved injection molding techniques are enabling manufacturers to produce complex, lightweight, and durable plastic components at a lower cost. The integration of smart plastics, capable of monitoring vehicle systems and providing real-time data, is another exciting trend that is gaining traction in the market.
Furthermore, sustainability is a key focus area for both manufacturers and consumers. There is a growing emphasis on the use of recyclable and bio-based plastics, which align with the industry’s commitment to reducing its environmental footprint. These sustainable alternatives are expected to see widespread adoption in the coming years, especially as automakers push for eco-friendly production practices.
The US Automotive Under the Hood Plastic Market is undergoing transformative changes, with increasing demand for lightweight, durable, and sustainable materials. As the industry embraces innovation and strives to meet environmental targets, the role of plastics in automotive engineering will continue to grow, making it an exciting and promising market for the future.
Get an In-Depth Research Analysis of the US Automotive Under the Hood Plastic Market Size And Forecast [2025-2032]
Arkema
BASF
Borealis
Du Pont
Exxon Mobil
LyondellBassel Industries
Royal DSM
SABIC
Solvay Plastics
Dow
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.
Get Discount On The Purchase of the US Automotive Under the Hood Plastic Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the US Automotive Under the Hood Plastic Market
Polypropylene (PP)
Polyurethane (PU)
ABS (Acrylonitrile Butadiene Styrene)
Polycarbonate (PC)
Others
Engine Components
Battery Tray & Battery Cover
Air Intake Manifold
Underbody Panels
Cooling Fans & Housings
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Electric Vehicles
Internal Combustion Engine (ICE) Vehicles
Hybrid Electric Vehicles (HEVs)
Battery Electric Vehicles (BEVs)
Injection Molding
Blow Molding
Compression Molding
Thermoforming
3D Printing
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)
For More Information or Query, Visit @ Automotive Under the Hood Plastic Market Research Analysis
1. Introduction of the US Automotive Under the Hood Plastic 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. US Automotive Under the Hood Plastic Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Automotive Under the Hood Plastic Market, By Type
6. US Automotive Under the Hood Plastic Market, By Application
7. US Automotive Under the Hood Plastic Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Automotive Under the Hood Plastic Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading US Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/