Automotive plastics are increasingly used in order to make vehicles more lightweight. The global market value of plastics used in automotive applications was nearly 36 billion U.S. dollars in 2019. Due to expected growth as a result of increased vehicle lightweighting, it is forecast that the market value of automotive plastics will increase to nearly 84 billion U.S. dollars in 2027.
Market value of automotive plastics worldwide in 2019 and 2027
(in billion U.S. dollars)
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Grand View Research. (February 1, 2020). Market value of automotive plastics worldwide in 2019 and 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 18, 2024, from https://www.statista.com/statistics/1002059/global-automotive-plastics-market-size/
Grand View Research. "Market value of automotive plastics worldwide in 2019 and 2027 (in billion U.S. dollars)." Chart. February 1, 2020. Statista. Accessed December 18, 2024. https://www.statista.com/statistics/1002059/global-automotive-plastics-market-size/
Grand View Research. (2020). Market value of automotive plastics worldwide in 2019 and 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 18, 2024. https://www.statista.com/statistics/1002059/global-automotive-plastics-market-size/
Grand View Research. "Market Value of Automotive Plastics Worldwide in 2019 and 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Feb 2020, https://www.statista.com/statistics/1002059/global-automotive-plastics-market-size/
Grand View Research, Market value of automotive plastics worldwide in 2019 and 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1002059/global-automotive-plastics-market-size/ (last visited December 18, 2024)
Market value of automotive plastics worldwide in 2019 and 2027 (in billion U.S. dollars) [Graph], Grand View Research, February 1, 2020. [Online]. Available: https://www.statista.com/statistics/1002059/global-automotive-plastics-market-size/
