Europe Automotive Plastic Extruded Parts Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The automotive industry has seen significant growth in the demand for high-performance materials that ensure durability, weight reduction, and cost efficiency. Among these materials, automotive plastic extruded parts are becoming increasingly crucial in vehicle production. These components, manufactured through the extrusion process, are gaining popularity due to their versatile applications, lightweight properties, and cost-effectiveness. The Europe Automotive Plastic Extruded Parts Market is thriving, driven by the automotive industry's need for innovative solutions that meet both environmental and performance standards.
Automotive plastic extruded parts are used in various vehicle applications, ranging from interior components to exterior trims, bumpers, and under-the-hood parts. These plastic extrusions provide the advantage of precision molding, enabling manufacturers to create complex shapes that traditional materials, such as metals, cannot easily achieve. With the growing demand for lightweight materials to improve fuel efficiency and reduce emissions, automotive plastic extrusions are a favored choice.
One of the key drivers of the market is the rising requirement for lightweight automotive components. As automakers strive to meet stricter fuel economy and emission regulations, replacing metal parts with plastic extrusions helps achieve weight reduction without compromising on strength or safety. Additionally, these parts offer better resistance to corrosion, providing longer lifespans for automotive products.
The automotive plastic extruded parts market is also being propelled by technological advancements in material science. Manufacturers are focusing on creating high-strength, durable plastic compounds that can withstand high-temperature environments, making them ideal for engine components and other high-performance parts. Moreover, the growing demand for electric vehicles (EVs) in Europe is fueling the need for advanced plastic parts in lightweight battery enclosures, electrical components, and structural elements.
In the European market, the demand for custom plastic extrusion solutions is on the rise. Industries are increasingly seeking specialized solutions to meet specific performance requirements, such as noise reduction, impact resistance, and improved aesthetics. This shift toward customized solutions is encouraging growth and innovation in the automotive plastic extruded parts market, as suppliers work closely with automotive OEMs (Original Equipment Manufacturers) to provide tailored solutions that meet their exact specifications.
With the focus on sustainability, many manufacturers in Europe are turning to recycled and bio-based plastics to meet the rising demand for eco-friendly solutions. This growing trend aligns with the automotive industry's sustainability goals and is expected to play a significant role in shaping the future of the automotive plastic extruded parts market.
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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 Europe 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
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe 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. Europe Automotive Plastic Extruded Parts Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Automotive Plastic Extruded Parts Market, By Type
6. Europe Automotive Plastic Extruded Parts Market, By Application
7. Europe Automotive Plastic Extruded Parts Market, By Geography
Europe
Germany
UK
France
8. Europe Automotive Plastic Extruded Parts Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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