Market Overview:
The global automobile plastic and rubber components market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, rising awareness about safety and fuel efficiency is also propelling the demand for plastic and rubber components in automobiles. The exterior trim segment is expected to hold a major share of the global automobile plastic and rubber components market during the forecast period. This can be attributed to increasing demand for stylish exteriors in automobiles. The interior trim segment is also projected to witness significant growth during the forecast period, owing to rising consumer preference for luxurious interiors in vehicles.
Product Definition:
An automobile plastic and rubber component is a part of a car that is made from plastic or rubber. These components are important because they help keep the car running smoothly and protect the passengers inside. Some common examples of automobile plastic and rubber components include hoses, belts, gaskets, and shocks.
Exterior Trim:
Exterior trim is the decorative or protective covering on an automobile. It is applied to the vehicle's exterior body parts such as bumpers, emblems, grilles and others. The primary function of exterior trim is to protect the vehicle from damage and improve its appearance at a minimum cost; it also serves as a status symbol for many consumers.
Interior Trim:
Interior trim is the decorative part of an automobile that is placed in between the passengers and the driver. It helps in improving its aesthetic value and also provides safety features such as airbags, anti-lock braking system (ABS), electronic stability program (ESP) or tire pressure monitoring system (TPM). The primary function of interior trim is to protect passengers from hot objects.
Application Insights:
Passenger cars application segment led the global automobile plastic and rubber components market in 2017, accounting for more than 54.0% share of the overall revenue. The growth can be attributed to increasing production of passenger cars across the globe coupled with rising disposable income levels among consumers in developing countries such as China, India and Brazil.
The commercial vehicles application segment is expected to witness significant growth over the forecast period owing to increased demand for trucks and buses from various industries including construction, mining and quarrying, transportation among others. Moreover, stringent regulations regarding reduction in harmful emissions from heavy-duty diesel engines will boost product demand further over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing automobile production in China, India, and Japan. Furthermore, rising disposable income coupled with an increase in population will boost automotive demand over the forecast period. The European market accounted for over 25% of global revenue share in 2017 on account of high demand for luxury vehicles and passenger cars across Germany, France, Italy U.K.
North America was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for automobiles: The global automobile production is expected to grow at a CAGR of 3.5% during the forecast period, owing to the increasing disposable income and urbanization in emerging economies. This is expected to result in an increase in demand for automotive plastic and rubber components, thereby driving the market growth.
- Technological advancements: The advent of new technologies such as electric vehicles and autonomous cars is projected to create opportunities for the automotive plastic and rubber components market over the next few years. These technologies are likely to require advanced plastics and rubbers that can withstand high temperatures and extreme conditions, thereby propelling market growth.
- Stringent emission norms: Stringent emission norms across regions are compelling automakers to adopt lightweight materials such as plastics and composites in order to improve fuel efficiency of vehicles. This is anticipated to drive demand for automotive plastic and rubber components over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Plastic and Rubber Components Market Research Report
By Type
Exterior Trim, Interior Trim
By Application
Passenger Cars, Commercial Vehicles
By Companies
Plastic Omnium, Kojima Industries, Toyoda Gosei, MINTH Group, YFPO, Nishikawa Rubber, SaarGummi, CIE Automotive, Joyson Electronic, Inteva Products, Nihon Plast, Dongfeng Motor Corporation, Zhejiang Xiantong, Seoyon E-Hwa, Roechling, Kasai Kogyo, Inoac, Mitsuboshi Belting, Kyowa Leather Cloth, Tata AutoComp Systems, Meiwa Industry, BHAP, Borgers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Plastic and Rubber Components Market Report Segments:
The global Automobile Plastic and Rubber Components market is segmented on the basis of:
Types
Exterior Trim, Interior Trim
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Cars, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Plastic Omnium
- Kojima Industries
- Toyoda Gosei
- MINTH Group
- YFPO
- Nishikawa Rubber
- SaarGummi
- CIE Automotive
- Joyson Electronic
- Inteva Products
- Nihon Plast
- Dongfeng Motor Corporation
- Zhejiang Xiantong
- Seoyon E-Hwa
- Roechling
- Kasai Kogyo
- Inoac
- Mitsuboshi Belting
- Kyowa Leather Cloth
- Tata AutoComp Systems
- Meiwa Industry
- BHAP
- Borgers
Highlights of The Automobile Plastic and Rubber Components Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Exterior Trim
- Interior Trim
- By Application:
- Passenger Cars
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Plastic and Rubber Components Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automobile plastic and rubber components are those that make up the body, chassis, and other mechanical parts of a car. These include items like bumpers, headlights, taillights, sideview mirrors, and more. Automobile plastics and rubbers are often made from polymers such as acrylic or polycarbonate.
Some of the major players in the automobile plastic and rubber components market are Plastic Omnium, Kojima Industries, Toyoda Gosei, MINTH Group, YFPO, Nishikawa Rubber, SaarGummi, CIE Automotive, Joyson Electronic, Inteva Products, Nihon Plast, Dongfeng Motor Corporation, Zhejiang Xiantong, Seoyon E-Hwa, Roechling, Kasai Kogyo, Inoac, Mitsuboshi Belting, Kyowa Leather Cloth, Tata AutoComp Systems, Meiwa Industry, BHAP, Borgers.
The automobile plastic and rubber components market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automobile Plastic and Rubber Components Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Automobile Plastic and Rubber Components Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Automobile Plastic and Rubber Components Market - Supply Chain
4.5. Global Automobile Plastic and Rubber Components Market Forecast
4.5.1. Automobile Plastic and Rubber Components Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Automobile Plastic and Rubber Components Market Size (000 Units) and Y-o-Y Growth
4.5.3. Automobile Plastic and Rubber Components Market Absolute $ Opportunity
5. Global Automobile Plastic and Rubber Components Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Automobile Plastic and Rubber Components Market Size and Volume Forecast by Type
5.3.1. Exterior Trim
5.3.2. Interior Trim
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Automobile Plastic and Rubber Components Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Automobile Plastic and Rubber Components Market Size and Volume Forecast by Application
6.3.1. Passenger Cars
6.3.2. Commercial Vehicles
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Automobile Plastic and Rubber Components Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Automobile Plastic and Rubber Components Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Automobile Plastic and Rubber Components Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Automobile Plastic and Rubber Components Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Automobile Plastic and Rubber Components Demand Share Forecast, 2019-2026
9. North America Automobile Plastic and Rubber Components Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Automobile Plastic and Rubber Components Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Automobile Plastic and Rubber Components Market Size and Volume Forecast by Application
9.4.1. Passenger Cars
9.4.2. Commercial Vehicles
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Automobile Plastic and Rubber Components Market Size and Volume Forecast by Type
9.7.1. Exterior Trim
9.7.2. Interior Trim
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Automobile Plastic and Rubber Components Demand Share Forecast, 2019-2026
10. Latin America Automobile Plastic and Rubber Components Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Automobile Plastic and Rubber Components Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Automobile Plastic and Rubber Components Market Size and Volume Forecast by Application
10.4.1. Passenger Cars
10.4.2. Commercial Vehicles
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Automobile Plastic and Rubber Components Market Size and Volume Forecast by Type
10.7.1. Exterior Trim
10.7.2. Interior Trim
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Automobile Plastic and Rubber Components Demand Share Forecast, 2019-2026
11. Europe Automobile Plastic and Rubber Components Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Automobile Plastic and Rubber Components Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Automobile Plastic and Rubber Components Market Size and Volume Forecast by Application
11.4.1. Passenger Cars
11.4.2. Commercial Vehicles
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Automobile Plastic and Rubber Components Market Size and Volume Forecast by Type
11.7.1. Exterior Trim
11.7.2. Interior Trim
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Automobile Plastic and Rubber Components Demand Share, 2019-2026
12. Asia Pacific Automobile Plastic and Rubber Components Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Automobile Plastic and Rubber Components Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Automobile Plastic and Rubber Components Market Size and Volume Forecast by Application
12.4.1. Passenger Cars
12.4.2. Commercial Vehicles
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Automobile Plastic and Rubber Components Market Size and Volume Forecast by Type
12.7.1. Exterior Trim
12.7.2. Interior Trim
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Automobile Plastic and Rubber Components Demand Share, 2019-2026
13. Middle East & Africa Automobile Plastic and Rubber Components Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Automobile Plastic and Rubber Components Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Automobile Plastic and Rubber Components Market Size and Volume Forecast by Application
13.4.1. Passenger Cars
13.4.2. Commercial Vehicles
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Automobile Plastic and Rubber Components Market Size and Volume Forecast by Type
13.7.1. Exterior Trim
13.7.2. Interior Trim
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Automobile Plastic and Rubber Components Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Automobile Plastic and Rubber Components Market: Market Share Analysis
14.2. Automobile Plastic and Rubber Components Distributors and Customers
14.3. Automobile Plastic and Rubber Components Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Plastic Omnium
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kojima Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Toyoda Gosei
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MINTH Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. YFPO
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nishikawa Rubber
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SaarGummi
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CIE Automotive
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Joyson Electronic
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Inteva Products
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Nihon Plast
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Dongfeng Motor Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zhejiang Xiantong
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Seoyon E-Hwa
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Roechling
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Kasai Kogyo
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Inoac
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mitsuboshi Belting
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Kyowa Leather Cloth
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Tata AutoComp Systems
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
