Market Overview:
The global automotive metal and plastic parts market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for passenger cars, light commercial vehicles (LCVs), and heavy commercial vehicles (HCVs) across the globe. In terms of type, the metal parts segment is expected to account for a larger share of the global automotive metal and plastic parts market in 2018. This can be attributed to their high strength-to-weight ratio as compared to plastic parts. In terms of application, the passenger cars segment is anticipated to hold a dominant position in 2018 and beyond. This can be ascribed to rising disposable income levels across emerging economies coupled with an increase in demand for luxury cars.
Product Definition:
Parts made from metal and plastic are important in the automotive industry. Metal parts are often used in engines, transmissions, and other components that need to be strong and durable. Plastic parts are often used in body panels, interior trim pieces, and other areas that need to be lightweight or resistant to damage.
Metal Parts:
Metal parts are used in automotive industry for various functions such as chassis, engine, transmission and drive shafts. The growth factor of the market is determined by two major factors including usage and development of new technologies. Usage of metal parts has increased exponentially due to its properties such as corrosion resistance, high strength and lightweight which makes it suitable for use in automobile industry. Moreover increasing demand from emerging economies like India China Brazil etc have augmented the market growth over the past few years.
Plastic Parts:
Plastic parts are manufactured from materials such as polymers, resins, and metals. The most commonly used plastic in the automotive industry is Polypropylene (PP), which is primarily used for manufacturing interior trim components and exterior body paneling. Plastic parts have been replacing metal parts in recent years due to their cost-effectiveness and lightweight properties; this trend has been expanding into the metal & plastic parts market over the past few years.
Application Insights:
The passenger cars segment led the global automotive metal and plastic parts market in 2017. The demand for passenger cars is generally higher in developed regions such as North America and Europe than in developing regions including Asia Pacific and Middle East & Africa. Factors such as availability of advanced technologies, high income levels, well-established infrastructural facilities, better road connectivity and growing urbanization have contributed to the growth of the passenger car segment globally.
In terms of revenue, the light commercial vehicles (LCVs) segment is anticipated to witness a CAGR of XX% from 2018 to 2030 while heavy commercial vehicles are projected to grow at a more moderate pace with a CAGR around 3%. LCVs include mini trucks among others; these are used for transporting goods within cities or within a shorter distance from one place to another.
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing production of passenger cars and light commercial vehicles in China, India, Japan, South Korea, and Taiwan. In addition, rising disposable income levels coupled with changing lifestyles will support regional growth during the forecast period.
The European market was valued at USD X billion in 2017 owing to high demand for premium automotive metal parts such as aluminum hoods/bonnets/roofs (for cars) and plastic parts such as instrument panels (for luxury cars). However, stringent regulations regarding vehicle pollution are expected to hamper market growth over the coming years.
Growth Factors:
- Increasing demand for lightweight vehicles: The global automotive industry is witnessing a shift towards the production of lightweight vehicles. This is primarily because of the increasing awareness about the benefits of using lighter cars, such as improved fuel efficiency and reduced emissions. As a result, the demand for automotive metal and plastic parts that are used in the manufacture of lightweight vehicles is expected to grow at a rapid pace in the coming years.
- Growing popularity of electric vehicles: Electric vehicles are becoming increasingly popular due to their low environmental impact and superior performance as compared to traditional petrol or diesel-powered cars. This is likely to lead to an increase in demand for automotive metal and plastic parts used in electric vehicle manufacturing over the next few years.
- Rising disposable income levels: A growing number of people around the world are now able to afford luxury items such as automobiles owing to rising disposable income levels across emerging economies, including India and China . This is likely to result in an increase in demand for high-end automobiles, which will subsequently drive growth in demand for related automotive metal and plastic parts during this period.. 4) Technological advancements: The global automotive industry has been witnessing rapid advancements in technology over recent years, with automakers focusing on developing new technologies that can improve vehicle performance or reduce emissions . This trend is likely to continue over the next few years, resulting in increased demand for advanced automotive metal and plastic parts from original equipment manufacturers (OEMs). 5) Stringent emission norms:
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Metal and Plastic Parts Market Research Report
By Type
Metal Parts, Plastic Parts
By Application
Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
By Companies
Magna, Denso, Aisin Group, ZF, Faurecia, Hyundai Mobis, Bosch, GW Plastics, Purico Group, National Plastic Technologies Ltd., OVARES, Primex plastics Pvt ltd, HÃœBNER GmbH, ABC Group, Continental, Delphi Automotive, Sumitomo Electric, Mahle GmbH, Yanfeng Automotive, Valeo, Magneti Marelli
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Metal and Plastic Parts Market Report Segments:
The global Automotive Metal and Plastic Parts market is segmented on the basis of:
Types
Metal Parts, Plastic Parts
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, Light Commercial Vehicles, Heavy 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:
- Magna
- Denso
- Aisin Group
- ZF
- Faurecia
- Hyundai Mobis
- Bosch
- GW Plastics
- Purico Group
- National Plastic Technologies Ltd.
- OVARES
- Primex plastics Pvt ltd
- HÃœBNER GmbH
- ABC Group
- Continental
- Delphi Automotive
- Sumitomo Electric
- Mahle GmbH
- Yanfeng Automotive
- Valeo
- Magneti Marelli
Highlights of The Automotive Metal and Plastic Parts 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:
- Metal Parts
- Plastic Parts
- By Application:
- Passenger Cars
- Light Commercial Vehicles
- Heavy 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 Automotive Metal and Plastic Parts 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Automotive metal and plastic parts are those that are used in vehicles. These parts can be made from a variety of materials, including metals like aluminum and steel, plastics like polycarbonate and ABS, or a combination of both. Automotive metal and plastic parts can be found in everything from the bodywork on a car to the engine block.
Some of the key players operating in the automotive metal and plastic parts market are Magna, Denso, Aisin Group, ZF, Faurecia, Hyundai Mobis, Bosch, GW Plastics, Purico Group, National Plastic Technologies Ltd., OVARES, Primex plastics Pvt ltd, HƒÅ“BNER GmbH, ABC Group, Continental, Delphi Automotive, Sumitomo Electric, Mahle GmbH, Yanfeng Automotive, Valeo, Magneti Marelli.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Metal and Plastic Parts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Metal and Plastic Parts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Metal and Plastic Parts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Metal and Plastic Parts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Metal and Plastic Parts Market Size & Forecast, 2018-2028
4.5.1 Automotive Metal and Plastic Parts Market Size and Y-o-Y Growth
4.5.2 Automotive Metal and Plastic Parts Market Absolute $ Opportunity
Chapter 5 Global Automotive Metal and Plastic Parts Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Metal and Plastic Parts Market Size Forecast by Type
5.2.1 Metal Parts
5.2.2 Plastic Parts
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Metal and Plastic Parts Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Metal and Plastic Parts Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Light Commercial Vehicles
6.2.3 Heavy Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Metal and Plastic Parts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Metal and Plastic Parts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Metal and Plastic Parts Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Metal and Plastic Parts Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Metal and Plastic Parts Market Size Forecast by Type
9.6.1 Metal Parts
9.6.2 Plastic Parts
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Metal and Plastic Parts Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Light Commercial Vehicles
9.10.3 Heavy Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Metal and Plastic Parts Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Metal and Plastic Parts Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Metal and Plastic Parts Market Size Forecast by Type
10.6.1 Metal Parts
10.6.2 Plastic Parts
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Metal and Plastic Parts Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Light Commercial Vehicles
10.10.3 Heavy Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Metal and Plastic Parts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Metal and Plastic Parts Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Metal and Plastic Parts Market Size Forecast by Type
11.6.1 Metal Parts
11.6.2 Plastic Parts
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Metal and Plastic Parts Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Light Commercial Vehicles
11.10.3 Heavy Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Metal and Plastic Parts Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Metal and Plastic Parts Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Metal and Plastic Parts Market Size Forecast by Type
12.6.1 Metal Parts
12.6.2 Plastic Parts
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Metal and Plastic Parts Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Light Commercial Vehicles
12.10.3 Heavy Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Metal and Plastic Parts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Metal and Plastic Parts Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Metal and Plastic Parts Market Size Forecast by Type
13.6.1 Metal Parts
13.6.2 Plastic Parts
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Metal and Plastic Parts Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Light Commercial Vehicles
13.10.3 Heavy Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Metal and Plastic Parts Market: Competitive Dashboard
14.2 Global Automotive Metal and Plastic Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magna
14.3.2 Denso
14.3.3 Aisin Group
14.3.4 ZF
14.3.5 Faurecia
14.3.6 Hyundai Mobis
14.3.7 Bosch
14.3.8 GW Plastics
14.3.9 Purico Group
14.3.10 National Plastic Technologies Ltd.
14.3.11 OVARES
14.3.12 Primex plastics Pvt ltd
14.3.13 HÃœBNER GmbH
14.3.14 ABC Group
14.3.15 Continental
14.3.16 Delphi Automotive
14.3.17 Sumitomo Electric
14.3.18 Mahle GmbH
14.3.19 Yanfeng Automotive
14.3.20 Valeo
14.3.21 Magneti Marelli
