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)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 November 16, 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 November 16, 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: November 16, 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 November 16, 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/
