Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 23.57 Million

CAGR (2023-2028)

3.90%

Fastest Growing Segment

Acrylonitrile Styrene Acrylate (ASA)

Largest Market

United States

 

Market Overview

North America Automotive Plastics Exterior Trim Market has valued at USD 23.57 Million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 3.90%. The North American automotive plastics exterior trim market is witnessing remarkable growth, driven by several key factors. Firstly, the surging demand for lightweight vehicles has propelled the widespread adoption of plastic trims. These trims play a crucial role in reducing overall vehicle weight, resulting in improved fuel efficiency and reduced carbon emissions. This aligns perfectly with the increasing consumer preference for eco-friendly and sustainable transportation options, reflecting a growing consciousness towards environmental conservation and the need for greener mobility solutions. As a result, the automotive industry is actively embracing plastic trims as a viable solution to meet these evolving demands and contribute to a more sustainable future.

Furthermore, the market is driven by the growing trend towards vehicle customization. In this region, consumers have shown an increasing preference for stylish and aesthetically pleasing vehicles that make a statement. As a result, there is a rising demand for a wide variety of plastic trims for exteriors, which offer car owners numerous options to personalize their vehicles and reflect their unique style and taste. These options include chrome accents, body side moldings, door handles, and mirror covers, all of which contribute to the overall customization and individualization of vehicles. With such a diverse range of choices available, car owners can truly express their personality and create a one-of-a-kind vehicle that stands out from the crowd.

In addition, the North American region boasts a rich landscape of renowned automobile manufacturers and suppliers that are at the forefront of innovation in the realm of automotive plastics. These visionary companies are harnessing the potential of plastic materials to not only achieve substantial reductions in vehicle weight but also to elevate design flexibility, bolster durability, and drive cost-effectiveness. With continuous advancements in plastic manufacturing technologies, the market for automotive plastics exterior trim is poised for even more remarkable growth and groundbreaking innovation. The future holds immense possibilities for this dynamic industry as it continues to shape the future of automotive engineering. However, it is important to acknowledge the challenges faced by this market. Volatility in raw material prices, particularly in the plastic industry, can impact the overall cost structure and profitability of manufacturers and suppliers. Additionally, environmental concerns over plastic usage and waste management pose significant challenges that need to be addressed. Nevertheless, the market continues to evolve, driven by the pursuit of lightweight, customizable, and environmentally sustainable solutions in the automotive industry.

In addition to these factors, another key driver of growth in the North American automotive plastics exterior trim market is the increasing focus on safety. Plastic trims are designed to provide impact resistance and protection to the vehicle, thereby enhancing the overall safety features. This is particularly important as more and more consumers prioritize safety when choosing their vehicles.

Moreover, advancements in technology and design are shaping the future of automotive plastics exterior trim. Manufacturers are investing in research and development to create innovative solutions that not only meet the functional requirements but also offer aesthetic appeal. This includes the use of advanced materials, such as carbon fiber reinforced plastics, which offer high strength and lightweight properties.

Overall, the North American automotive plastics exterior trim market is witnessing significant growth, driven by multiple factors ranging from the demand for lightweight vehicles to the increasing focus on safety and customization. As the market continues to evolve, manufacturers and suppliers are likely to face challenges but also opportunities for innovation and sustainability.                

Key Market Drivers

Fuel Efficiency and Lightweighting Initiatives

One of the primary drivers for the North America Automotive Plastics Exterior Trim Market is the automotive industry's relentless pursuit of fuel efficiency and lightweighting. Government regulations and consumer demand for more eco-friendly vehicles have pushed automakers to adopt lightweight materials, including plastics, for various components.

Plastics are inherently lighter than traditional materials like metal, making them an attractive choice for exterior trim components such as bumpers, grilles, and body panels. Lightweighting is crucial in the quest for improved fuel efficiency, as reducing a vehicle's weight can directly impact its energy consumption and emissions. This is especially pertinent in North America, where stringent Corporate Average Fuel Economy (CAFE) standards are in place to promote fuel-efficient vehicles.

The integration of plastics in exterior trim components helps automakers meet these fuel efficiency goals without compromising safety or aesthetics. As a result, the use of automotive plastics in exterior trim components has become a prominent driver in the market, reshaping the design and production of modern vehicles.

Design Customization and Aesthetic Appeal

A significant driver for the North America Automotive Plastics Exterior Trim Market is the growing focus on design customization and aesthetic appeal in the automotive industry. Consumers increasingly prioritize personalization and unique design elements in their vehicles. As a response to this demand, automakers are turning to plastics for exterior trim components to offer a wide range of design possibilities.

Plastics are versatile materials that can be molded into various shapes, sizes, and textures. They also offer a broad spectrum of color options, making it easier for automakers to create unique, eye-catching designs for exterior trim components. This customization extends to elements such as front grilles, mirror covers, side moldings, and door handles.

The ability to customize the appearance of vehicles to align with consumer preferences is a powerful driver in the North America Automotive Plastics Exterior Trim Market. Plastics enable automakers to differentiate their vehicle models and provide consumers with options for personal expression through their choice of exterior trim design and color.

Corrosion Resistance and Durability

The demand for corrosion-resistant and durable materials is another significant driver in the North America Automotive Plastics Exterior Trim Market. While aesthetics and lightweighting are essential, automakers also prioritize materials that can withstand harsh environmental conditions, particularly in regions that experience varying climates, including North America.

Plastics are inherently resistant to corrosion, rust, and degradation from exposure to moisture, salt, and other environmental factors. This quality makes them well-suited for exterior trim components that are exposed to the elements. Plastic exterior trim components can maintain their appearance and functionality over time, reducing maintenance and replacement costs for vehicle owners.

Furthermore, plastics can be engineered to withstand UV radiation, preventing fading and discoloration due to sun exposure. This durability and resistance to environmental factors contribute to the long-term quality and value of vehicles, reinforcing the appeal of plastics in exterior trim components.

Cost-Efficiency and Manufacturing Advantages

Cost-efficiency and manufacturing advantages are vital drivers in the North America Automotive Plastics Exterior Trim Market. Plastics are often more cost-effective to produce and mold into complex shapes compared to traditional materials like metal. This cost advantage can translate into savings for automakers, making plastic exterior trim components an economically appealing choice.

The injection molding process used for plastics allows for efficient mass production, reducing manufacturing costs and production time. Plastic components can be molded in a single piece, eliminating the need for assembly of multiple parts, which is common with metal components. This streamlines the manufacturing process and minimizes labor and tooling costs.

The economic benefits of plastics are particularly important in the competitive automotive industry, where cost considerations are integral to decision-making. The ability to produce high-quality, cost-effective exterior trim components with plastics serves as a compelling driver in the market.

Sustainability and Environmental Concerns

Sustainability and environmental concerns are increasingly influencing the North America Automotive Plastics Exterior Trim Market. With a growing awareness of environmental issues and a shift towards more sustainable practices, both automakers and consumers are looking for eco-friendly solutions in vehicle production.

Plastics are becoming more sustainable with the development of bio-based and recycled plastics. Bio-based plastics are derived from renewable resources, reducing dependence on fossil fuels, while recycled plastics incorporate post-consumer or post-industrial materials, decreasing waste and conserving resources.

The adoption of sustainable plastics aligns with the automotive industry's commitment to reducing its carbon footprint and achieving environmental certifications. Additionally, plastics' lightweight nature contributes to fuel efficiency and reduced emissions, furthering the industry's environmental goals.

Consumers are increasingly considering the sustainability of vehicles when making purchasing decisions. The use of sustainable plastics in exterior trim components aligns with this trend and positions automakers as environmentally responsible, adding to the appeal of plastics in the market.  


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Key Market Challenges

Durability and Environmental Factors

One of the significant challenges facing the North America Automotive Plastics Exterior Trim Market is the need to balance durability with environmental concerns. While plastics offer corrosion resistance and can withstand harsh environmental conditions, they may face challenges related to long-term durability.

Exposure to UV radiation, extreme temperature fluctuations, and mechanical stresses can lead to material degradation and loss of color or gloss in plastic exterior trim components. This can impact the aesthetics of the vehicle and may result in a need for replacement or refinishing, adding to maintenance costs and potential environmental waste.

Additionally, the use of plastics in exterior trim components can raise concerns about material recyclability and end-of-life disposal. The environmental impact of plastic waste, especially in the context of sustainability goals, is a challenge that automakers and the plastics industry must address. Developing plastics that balance durability and environmental sustainability is an ongoing challenge in the market.

Aesthetics and Quality Expectations

Aesthetic considerations and consumer quality expectations present challenges in the North America Automotive Plastics Exterior Trim Market. Plastics have gained prominence in exterior trim components due to their versatility in design and customization. However, consumers have high expectations for the visual quality and appearance of these components.

Exterior trim components, such as grilles, mirror covers, and side moldings, are highly visible parts of a vehicle's exterior. Consumers demand a high-quality finish with consistent color, texture, and gloss across all plastic trim elements. Achieving and maintaining these aesthetics can be challenging, as plastics are susceptible to factors like color fading, gloss reduction, and surface imperfections over time.

Meeting these quality expectations involves developing plastics with enhanced UV and weather resistance, as well as stringent quality control and manufacturing processes. Maintaining the desired aesthetics over the life of the vehicle is an ongoing challenge for both automakers and plastics manufacturers.

Regulatory Compliance and Material Restrictions

Regulatory compliance and material restrictions pose a challenge in the North America Automotive Plastics Exterior Trim Market. While plastics are versatile and can be engineered to meet specific requirements, they must adhere to strict regulations, particularly regarding emissions, safety, and material content.

Regulatory requirements, such as emission standards and safety regulations, impact the choice of plastics used in exterior trim components. The use of certain materials and additives may be restricted due to environmental or safety concerns. Complying with these regulations without compromising the desired properties of plastics, such as durability and aesthetics, can be a complex challenge.

Additionally, automakers and plastics manufacturers are under pressure to reduce the use of materials that may have adverse environmental or health effects. This has led to restrictions on the use of certain chemical additives in plastics, which can impact their performance and processing characteristics. Striking a balance between regulatory compliance, material safety, and the performance of plastic exterior trim components is a challenge in the market.

Material Cost and Competition

Material cost and competition present challenges in the North America Automotive Plastics Exterior Trim Market. While plastics are known for their cost-efficiency compared to traditional materials like metal, fluctuations in the cost of raw plastic materials can impact the overall pricing of plastic trim components.

The cost of plastic resins and additives can vary due to factors such as global supply chain disruptions, changes in oil prices, and market demand. These fluctuations in material costs can influence the pricing of plastic exterior trim components and impact the competitiveness of automakers.

The competitive landscape of the automotive industry adds to the challenge. Intense competition among automakers can lead to price pressure on suppliers, including those providing plastic trim components. Maintaining cost-efficiency and profitability while ensuring quality and compliance with material regulations is a complex challenge in the market.

Moldability and Complex Designs

The complexity of moldability and the demand for intricate designs in exterior trim components present challenges in the North America Automotive Plastics Exterior Trim Market. Plastics' versatility allows for creative and unique designs, but achieving complex shapes and details can be technically challenging.

As automakers aim to differentiate their vehicles and offer customization options, the demand for intricate and customized designs in exterior trim components is on the rise. Consumers expect unique features and aesthetics in their vehicles, which may require complex molds and manufacturing processes.

Developing molds that can accurately replicate these complex designs while maintaining structural integrity can be a significant challenge. It requires advanced engineering and manufacturing capabilities. Achieving consistency and precision in the molding process is crucial to meet quality expectations and satisfy consumer demands.

Additionally, complex designs can impact the cost of tooling and production, adding to the overall cost of plastic exterior trim components. Balancing the demand for complex designs with cost-efficiency and manufacturing feasibility is a challenge that automakers and plastics manufacturers must address.  

Key Market Trends

Increased Adoption of Advanced Engineering Plastics

One of the prominent trends in the North America Automotive Plastics Exterior Trim Market is the increased adoption of advanced engineering plastics. These high-performance plastics, such as polypropylene (PP), polyurethane (PU), and polycarbonate (PC), offer superior mechanical properties, impact resistance, and durability compared to traditional plastics.

Advanced engineering plastics are being used in exterior trim components to meet the stringent quality and performance requirements of modern vehicles. They provide enhanced protection against impacts, weathering, and UV radiation, making them ideal for applications like bumpers, side moldings, and wheel arches. Their ability to withstand harsh environmental conditions while maintaining their appearance contributes to the long-term quality and aesthetics of vehicles.

As consumer expectations for quality and durability continue to rise, the trend of adopting advanced engineering plastics is expected to gain momentum in the North American market. These materials enable automakers to offer exterior trim components that meet or exceed the demanding requirements of today's vehicles.

Integration of Smart Features and Sensors

The integration of smart features and sensors into exterior trim components is a notable trend in the North America Automotive Plastics Exterior Trim Market. As vehicles become more connected and technologically advanced, exterior trim components are evolving to serve additional functions beyond aesthetics and protection.

Exterior trim components are increasingly being equipped with sensors and smart features for purposes such as parking assistance, collision detection, and pedestrian safety. For example, plastic bumpers may incorporate sensors for autonomous emergency braking (AEB) systems or parking sensors. Similarly, side moldings may feature blind-spot monitoring sensors.

This trend aligns with the growing demand for enhanced safety and driver assistance systems in vehicles. Plastics are well-suited for incorporating sensors due to their design flexibility and compatibility with various manufacturing processes. As the automotive industry continues to embrace autonomous and connected vehicle technologies, the integration of smart features into plastic exterior trim components is expected to expand in the North American market.

Sustainable and Recycled Materials

Sustainability and the use of recycled materials are becoming prominent trends in the North America Automotive Plastics Exterior Trim Market. With a growing emphasis on environmental responsibility, automakers and plastics manufacturers are seeking eco-friendly solutions to reduce the environmental impact of vehicle production.

One approach to sustainability is the use of recycled plastics in exterior trim components. Post-consumer or post-industrial recycled plastics can be integrated into the production of exterior trim parts, reducing the demand for virgin plastic materials and minimizing waste. Recycled plastics can maintain performance and quality standards, making them a viable option for exterior trim components.

Another avenue for sustainability is the development of bio-based plastics derived from renewable resources. These plastics reduce reliance on fossil fuels and lower the carbon footprint of manufacturing. Bio-based plastics are gaining attention as automakers and consumers increasingly prioritize sustainable materials in vehicles.

As environmental concerns continue to influence decision-making in the automotive industry, the trend toward sustainable and recycled materials in exterior trim components is expected to grow in North America.

Streamlined Manufacturing and Cost Efficiency

Streamlined manufacturing processes and cost efficiency are driving trends in the North America Automotive Plastics Exterior Trim Market. Automakers and plastics manufacturers are constantly seeking ways to optimize production while maintaining quality and reducing costs.

Advanced manufacturing techniques, such as injection molding, are being employed to efficiently produce plastic exterior trim components. Injection molding allows for the mass production of complex parts in a cost-effective manner. By using single-piece molding techniques, the need for additional assembly and labor is reduced, leading to cost savings.

Additionally, efforts to minimize material waste during the production of plastic trim components are contributing to cost efficiency. Strategies such as regrinding and recycling scrap materials help reduce the overall material cost and environmental impact.

The focus on cost efficiency is essential in the highly competitive automotive industry. As the demand for plastic exterior trim components continues to rise, the trend of streamlining manufacturing processes and reducing production costs is likely to persist.

Aesthetic Innovation and Customization

Aesthetic innovation and customization are driving trends in the North America Automotive Plastics Exterior Trim Market. Consumers are increasingly looking for unique and personalized vehicles, leading to a demand for creative and eye-catching exterior trim designs.

Plastics offer design flexibility that enables automakers to produce intricate patterns, textures, and shapes in exterior trim components. This flexibility allows for a wide range of design possibilities, from bold grilles to stylish mirror covers and distinctive side moldings.

Automakers are responding to this demand by introducing customized options and packages that allow consumers to tailor the appearance of their vehicles. Customizable exterior trim components, often with a variety of color options, offer consumers a level of personalization that aligns with their preferences and style.

The trend of aesthetic innovation and customization reflects the changing dynamics of the automotive market, where vehicles are not only seen as modes of transportation but also as expressions of individuality. Plastics play a pivotal role in fulfilling these demands by enabling creative and customizable designs in exterior trim components.  

Segmental Insights

Product Insights

The North America automotive plastics exterior trim market presents a promising landscape with rising demand for lightweight and durable automotive components. Driven by stringent emission norms and fuel-efficiency targets, manufacturers are increasingly opting for high-performance plastics for vehicle exteriors. These materials, offering resilience, design freedom, and cost-effectiveness, are gradually replacing traditional materials like metal and glass. Moreover, the trend towards electric and autonomous vehicles in the region is likely to further propel this market, as these vehicles require advanced, lightweight components for optimal performance.

End Use Insights

The North America Automotive Plastics Exterior Trim Market is witnessing steady growth due to several key factors. There is a growing demand for lighter vehicles to improve fuel efficiency, which is driving the adoption of plastic trims. The durability, cost-effectiveness, and design flexibility offered by these plastic trims are attracting manufacturers. Also, as consumers are becoming increasingly concerned about their vehicle's aesthetic appeal, the demand for high-quality plastic exterior trims is also rising. These factors combined indicate a promising future for the automotive plastics exterior trim market in North America.   


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Regional Insights

  • The North American automotive plastics exterior trim market is experiencing significant growth driven by various factors. Firstly, the region's automotive industry is robust and flourishing, contributing to the increased demand for automotive plastics. Moreover, consumers are increasingly inclined towards vehicles that offer both high-performance capabilities and aesthetic appeal, further fueling the market growth. Additionally, advanced manufacturing technologies have emerged that enable the production of automotive plastics that are not only durable but also lightweight and cost-efficient.
  • In this region, which is home to some of the world's leading automotive manufacturers, there has been a strong emphasis on adopting innovative materials like automotive plastics for exterior trim. These materials play a crucial role in enhancing vehicle performance and improving fuel efficiency. By embracing automotive plastics, manufacturers can create vehicles that are not only visually appealing but also contribute to a more sustainable and eco-friendly automotive industry.
  • The continuous advancements in automotive plastics technology, coupled with the region's commitment to innovation, position the North American market as a key player in the global automotive industry. With a focus on producing vehicles that meet the evolving needs and preferences of consumers, the North American automotive plastics exterior trim market is poised for sustained growth in the coming years.   

Recent Developments

  • May 2022: Lanxess and Advent International signed an agreement to acquire DSM Engineering Materials from Royal DSM for around USD 3.9 billion. The DSM Engineering Materials will become part of a joint venture established by Lanxess and Advent International, which hold 40% and 60% of the joint venture, respectively.
  • January 2020: BASF SE closed the acquisition of Solvay's polyamide business. The acquisition broadened the company's polyamide capabilities with innovative products such as Technyl. This allowed the company to support its customers with better engineering plastics solutions for e-mobility and autonomous driving. Moreover, the transaction enhanced the company's access to growth markets in Asia as well as in South and North America.

Key Market Players

  • SABIC
  • LG Chem
  • Trinseo S.A.
  • Covestro AG
  • Mitsubishi Chemical Corporation
  • RTP Company
  • LOTTE Chemical CORPORATION
  • Sumitomo Chemical Co., Ltd.
  • Gehr Kunstoffwerk GmbH & Co. KG
  • Asahi Kasei Corporation

By Product

By End Use

By Country

  • Polycarbonate/Acrylonitrile Butadiene Styrene Blends
  • Acrylonitrile Styrene Acrylate (ASA)
  • Polymethyl Methacrylate (PMMA)
  • Polymethyl Methacrylate (PMMA)/ASA Blends
  • Front Grill
  • Spoiler
  • Pillar Panel
  • Rear Bumper
  • United States
  • Canada
  • Mexico

 

Report Scope:

In this report, the North America Automotive Plastics Exterior Trim Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Automotive Plastics Exterior Trim Market, By Product:   

o   Polycarbonate/Acrylonitrile Butadiene Styrene Blends

o   Acrylonitrile Styrene Acrylate (ASA)

o   Polymethyl Methacrylate (PMMA)

o   Polymethyl Methacrylate (PMMA)/ASA Blends

  • Automotive Plastics Exterior Trim Market, By End Use:  

o   Front Grill

o   Spoiler

o   Pillar Panel

o   Rear Bumper

  • Automotive Plastics Exterior Trim Market, By Country:  

o   United States

o   Canada

o   Mexico 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the North America Automotive Plastics Exterior Trim Market.

Available Customizations:

North America Automotive Plastics Exterior Trim Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

North America Automotive Plastics Exterior Trim Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.     Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Countries

3.4.  Key Segments

4.    Impact of COVID-19 on North America Automotive Plastics Exterior Trim Market

5.    Voice of Customer Analysis

5.1.  Brand Awareness

5.2.  Brand Satisfaction

5.3.  Factors Affecting Purchase Decision

6.    North America Automotive Plastics Exterior Trim Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Market Share Analysis (Polycarbonate/Acrylonitrile Butadiene Styrene Blends, Acrylonitrile Styrene Acrylate (ASA), Polymethyl Methacrylate (PMMA), Polymethyl Methacrylate (PMMA)/ASA Blends)

6.2.2.     By End Use Market Share Analysis (Front Grill, Spoiler, Pillar Panel, Rear Bumper) 

6.2.3.     By Country Market Share Analysis   

6.2.3.1.         United States Market Share Analysis

6.2.3.2.         Canada Market Share Analysis

6.2.3.3.         Mexico Market Share Analysis   

6.2.4.     By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2022)

6.3.  North America Automotive Plastics Exterior Trim Market Mapping & Opportunity Assessment

6.3.1.     By Product Market Mapping & Opportunity Assessment

6.3.2.     By End Use Market Mapping & Opportunity Assessment

6.3.3.     By Country Market Mapping & Opportunity Assessment

7.    United States Automotive Plastics Exterior Trim Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Market Share Analysis

7.2.2.     By End Use Market Share Analysis

8.    Canada Automotive Plastics Exterior Trim Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product Market Share Analysis

8.2.2.     By End Use Market Share Analysis

9.    Mexico Automotive Plastics Exterior Trim Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product Market Share Analysis

9.2.2.     By End Use Market Share Analysis

10.  SWOT Analysis

10.1.            Strength

10.2.            Weakness

10.3.            Opportunities

10.4.            Threats

11.  Market Dynamics

11.1.            Market Drivers

11.2.            Market Challenges

12.  Market Trends and Developments

13.  Competitive Landscape

13.1.            Company Profiles (Up to 10 Major Companies)

13.1.1.  Asahi Kasei Corporation

13.1.1.1.      Company Details

13.1.1.2.      Key Product Offered

13.1.1.3.      Recent Developments

13.1.1.4.      Key Management Personnel

13.1.2.  SABIC

13.1.2.1.      Company Details

13.1.2.2.      Key Product Offered

13.1.2.3.      Recent Developments

13.1.2.4.      Key Management Personnel

13.1.3.  LG Chem

13.1.3.1.      Company Details

13.1.3.2.      Key Product Offered

13.1.3.3.      Recent Developments

13.1.3.4.      Key Management Personnel

13.1.4.  Trinseo S.A.

13.1.4.1.      Company Details

13.1.4.2.      Key Product Offered

13.1.4.3.      Recent Developments

13.1.4.4.      Key Management Personnel

13.1.5.  Covestro AG

13.1.5.1.      Company Details

13.1.5.2.      Key Product Offered

13.1.5.3.      Recent Developments

13.1.5.4.      Key Management Personnel

13.1.6.  Mitsubishi Chemical Corporation

13.1.6.1.      Company Details

13.1.6.2.      Key Product Offered

13.1.6.3.      Recent Developments

13.1.6.4.      Key Management Personnel

13.1.7.  RTP Company

13.1.7.1.      Company Details

13.1.7.2.      Key Product Offered

13.1.7.3.      Recent Developments

13.1.7.4.      Key Management Personnel

13.1.8.  LOTTE Chemical CORPORATION

13.1.8.1.      Company Details

13.1.8.2.      Key Product Offered

13.1.8.3.      Recent Developments

13.1.8.4.      Key Management Personnel

13.1.9.  Sumitomo Chemical Co., Ltd.

13.1.9.1.      Company Details

13.1.9.2.      Key Product Offered

13.1.9.3.      Recent Developments

13.1.9.4.      Key Management Personnel

13.1.10.                Gehr Kunstoffwerk GmbH & Co. KG

13.1.10.1.    Company Details

13.1.10.2.    Key Product Offered

13.1.10.3.    Recent Developments

13.1.10.4.    Key Management Personnel  

14.  Strategic Recommendations

14.1.            Key Focus Areas

14.1.1.  Target Countries

14.1.2.  Target By Product

14.1.3.  Target By End Use

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the North America Automotive Plastics Exterior Trim Market was estimated to be USD 23.57 Million in 2022.

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In 2022, the dominant segment by product in the North America Automotive Plastics Exterior Trim Market was the Acrylonitrile Styrene Acrylate (ASA). With its excellent weather resistance and high surface quality, ASA has become the preferred choice for manufacturers in the automotive industry.

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The United States holds a dominant position in the North American Automotive Plastics Exterior Trim Market. This can be attributed to the country's robust automotive sector, increasing demand for lightweight materials in vehicle manufacturing, and advancements in plastic molding technologies.

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The major drivers for the North America Automotive Plastics Exterior Trim Market include the demand for lightweight materials to improve fuel efficiency and the growing focus on aesthetics and design customization in the automotive industry.

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Srishti Verma

Business Consultant
Press Release

Automotive Plastics Exterior Trim Market to Grow with a CAGR of 3.90% in North America through to 2028

Feb, 2024

The major drivers for the North America Automotive Plastics Exterior Trim Market include the demand for lightweight materials to improve fuel efficiency and the growing focus on aesthetics and design