Exterior Automotive Plastics Market Analysis, Trends, Insights 2025 to 2034

Exterior Automotive Plastics

What Does the Market Size Analysis Reveal About the Global Exterior Automotive Plastics Market?
The exterior automotive plastics market size has experienced robust growth recently. From $12.7 billion in 2024, the market expanded to $13.47 billion in 2025 with a compound annual growth rate (CAGR) of 6.1%. Providing the momentum for this growth were factors such as industrialization of livestock farming, animal health and productivity, and fluctuating feed ingredient prices.

Looking to the future, the exterior automotive plastics market size is anticipated to see vigorous growth. By 2029, it is expected to reach $17.38 billion with a CAGR of 6.6%. Projections indicate that rising demand for aquaculture feed, alternative protein sources, biosecurity concerns, climate change impacts, and increasing demand for animal protein will be key drivers. Concomitant developments are expected to include advancements in feed formulation technology, traceability, transparency, digital technologies, feed additives innovation, and sustainable sourcing.

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What Are the Key Factors Driving the Growth of the Exterior Automotive Plastics Market?
The exterior automotive plastics market is projected to garner significant traction due to the escalating demand from the automotive industry. As these plastics play a pivotal role in various vehicle exterior components like body panels, bumpers, grilles, mirrors, and trim, their demand has drastically increased. Their advantage over traditional materials such as steel and aluminum, given their lighter weight, durability, and corrosion resistance, contributes essentially to the rising demand. Substantiating this is the fact that, according to the European Automobile Manufacturers Association in May 2023, global motor vehicle production surged by 5.7% in 2022, accounting for a total of 85.4 million vehicles.

Which Are the Key Segments in the Global Exterior Automotive Plastics Market?

The exterior automotive plastics market report covers these segments:

1) By Type: Thermoplastic polymers, Composites, Bioplastics
2) By Vehicle Type: Passenger Cars, Commercial Vehicles, Other Vehicle Types
3) By Material: Polyurethane, Polycarbonate, Polypropylene, Polyethylene, Polyamide, Polyvinyl Chloride, Other Materials
4) By Application: Bumpers and Grills, Roof, Lights, Liftgate, Other Applications

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Who Are the Leading Players in the Exterior Automotive Plastics Market?
Dominating the exterior automotive plastics market are major companies like Arkema S.A., BASF SE, Borealis AG, DuPont de Nemours Inc., Royal DSM N.V., Evonic Industries AG, ExxonMobil Corporation, Lanxess, LyondellBasell Industries N.V., Convestro AG, Saudi Arabia’s Basic Industries Corporation, Celanese Corporation, Salem Industrial Plastics, Lear Corporation, Magna International Inc., Trinseo S.A., Adient plc, Flex-N-Gate Corporation, Solvay S.A., Teijin Limited, DSM Engineering Plastics, LG Chem Ltd., Kuraray Co. Ltd., Toyoda Gosei Co. Ltd., Sumitomo Chemical Company Limited, Asahi Kasei Corporation, Kautex Textron GmbH & Co. KG, Ravago Group, Plastic Omnium Group, Hanwha Advanced Materials Corp.

What Are the Key Trends in the Exterior Automotive Plastics Market?
Notably, companies operating in this market are becoming increasingly proactive in adopting sustainable products. For example, in February 2024, AkzoNobel NV, a Netherland-based provider of paints, coatings, and specialty chemicals, introduced a 2K solvent-borne primer, designed specifically for automotive OEM exterior plastic components. Issues with coating processes have been mitigated through this new product, thus simplifying the incorporation of bumpers, rocker panels, and contrasting features.

Which Region Registered Rapid Growth in the Exterior Automotive Plastics Market?
In 2024, the Asia-Pacific region reigned supreme in the exterior automotive plastics market. The report also covers other regions including Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Does The Exterior Automotive Plastics Market Report 2025 Offer?
Exterior automotive plastics refer to the materials utilized for manufacturing different components in a vehicle’s exterior. These could be thermoplastic polymers, composites, bioplastics or other plastic blends. The Exterior Automotive Plastics Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

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