Global Plastic Components Market By Overview
Plastic components are consisting of synthetic or semi-synthetic organic compounds that are malleable and so can be molded into solid objects. They are part of everyday life and contribute immensely to the benefit of humanity. Plastic components have wide range of applications in various end-use industries owing to their low cost, ease of manufacture, versatility, and imperviousness to water.
Rising demand for plastic components as replacement for metals and ferrous alloys across various industries such as consumer goods, automotive, and industrial machinery is major factor driving growth of the global plastic components market. In addition, increasing sales of electric and hybrid vehicles, supporting government policies for alternate fuel vehicles, and light weighting of vehicle are major factors anticipated to propel growth of the global plastic components market over the forecast period. However, lack of charging infrastructure for battery electric vehicle and hybrid electric vehicle is limiting growth of the target market.
The global plastic components market has been segmented on the basis of type, application, vehicle type, and region.
The type segment includes polypropylene, polyethylene, acrylonitrile-butadiene-styrene, polyurethanes, polyvinyl chloride, polyamide, polycarbonate, polyvinyl butyral, and other engineering resins. Polyamide type segment is further sub-segmented into nylon 6/6 and nylon 6. On the basis of application segment the global plastic components market has been segmented in to interior, exterior, lighting/electric wiring, and under the hood. On the basis of vehicle type segment the target market has been segmented into battery electric vehicle, plug-in hybrid electric vehicle, hybrid electric vehicle, and ICE vehicle.
On the basis of region the target market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific is expected to account for major share in the global plastic components market among all the regions. This is due to rapidly developing construction and automobile sectors that are fuelling demand for plastic components in interiors, exteriors, and under hood components in the region.
Key players operating in the global plastic components market includes Saudi Basic Industries Corp., Evonik Industries AG., BASF SE., DowDuPont Inc., Arkema SA., Styron LLC., Ticona Inc., Celanese Corp., Compagnie Plastic Omnium SA., and Toray Industries, Inc.
Global Plastic Components Market By Table of Contents
Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Vehicle type
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restrains
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
Plastic Components Market, By Type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Polypropylene
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Polyethylene
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Acrylonitrile-Butadiene-Styrene
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Polyurethanes
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Polyvinyl Chloride
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Polyamide (Nylon 6/6 and Nylon 6)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Polycarbonate
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Polyvinyl Butyral
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Other Engineering Resins
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Plastic Components Market, By Application, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Interior
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Exterior
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Lighting/Electric Wiring
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Under the Hood
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Plastic Components Market, By Vehicle type, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Segment Trends
- Battery Electric Vehicle
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Plug-In Hybrid Electric Vehicle
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- Hybrid Electric Vehicle
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
- ICE Vehicle
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Plastic Components Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
- Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Vehicle type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Vehicle type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Vehicle type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Vehicle type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Vehicle type, Forecast Period up to 10 Years
- Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
- GCC
- Israel
- South Africa
- Rest of Middle East
Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
Company Profiles
- Saudi Basic Industries Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Evonik Industries AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BASF SE.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- DowDuPont Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Arkema SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Styron LLC.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ticona Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Celanese Corp
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Compagnie Plastic Omnium SA.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Toray Industries, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
The Last Word
- Future Impact
- About Us
- Contact
FAQs
Plastic Component Market registered a CAGR of 12.2%, over the forecast period of 2022-2032.
Plastic Component Market is segmented based on Type, Application, Vehicle Type, and region.
Growing demand in automotive and electronics industries, increasing use of lightweight materials, and advancements in plastic manufacturing technologies drive the Plastic Components market.
Environmental concerns, limited recycling capabilities, and competition from alternative materials pose restraints in the Plastic Components market.
North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa are considered regions in the Plastic Components market. Asia-Pacific is expected to dominate, driven by the presence of major manufacturing hubs, increasing industrialization, and a rising demand for plastic components in the region.
The prominent players operating in the Global Plastic Component Market include Saudi Basic Industries Corp., Evonik Industries AG., BASF SE., DowDuPont Inc., Arkema SA., Styron LLC., Ticona Inc., Celanese Corp., Compagnie Plastic Omnium SA., and Toray Industries, Inc.