North America Automotive Plastic Compounding Market Size & Outlook
North America automotive plastic compounding market, 2018-2030 (US$M)
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North America automotive plastic compounding market highlights
- The North America automotive plastic compounding market generated a revenue of USD 562.7 million in 2022.
- The market is expected to grow at a CAGR of 4.7% from 2023 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating product in 2022.
- Polyamide (PA) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 562.7 million |
| Market revenue in 2030 | USD 814.5 million |
| Growth rate | 4.7% (CAGR from 2022 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polyamide (PA) |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polypropylene (PP), Polyethylene (PE), Thermoplastic Elastomers (TPE), Polybutylene Terephthalate (PBT), Polyamide (PA), Polycarbonate (PC), Acrylonitrile Butadiene Systems (ABS), Styrene Acrylonitrile (SAN), Polymethyl Methacrylate (PMMA), Polyoxymethylene (POM), Blends (PC/ABS, ABS/PBT, PS/PP) |
| Key market players worldwide | LyondellBasell Industries NV Class A, Basf SE, SABIC, Dow Inc, Ascend Performance Materials, Chevron Corp, Ferro, Washington Penn, Ravago Chemicals, Krato Products Corporation |
Other key industry trends
- In terms of revenue, North America region accounted for 18.6% of the global automotive plastic compounding market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,169.4 million by 2030.
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Automotive Plastic Compounding Market Scope
Automotive Plastic Compounding Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America automotive plastic compounding market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive plastic compounding market will help companies and investors design strategic landscapes.
Polypropylene (pp) was the largest segment with a revenue share of 76.51% in 2022. Horizon Databook has segmented the North America automotive plastic compounding market based on polypropylene (pp), polyethylene (pe), thermoplastic elastomers (tpe), polybutylene terephthalate (pbt), polyamide (pa), polycarbonate (pc), acrylonitrile butadiene systems (abs), styrene acrylonitrile (san), polymethyl methacrylate (pmma), polyoxymethylene (pom), blends (pc/abs, abs/pbt, ps/pp) covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of North America automotive plastic compounding market databook
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Our clientele includes a mix of automotive plastic compounding market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America automotive plastic compounding market , including forecasts for subscribers. This continent databook contains high-level insights into North America automotive plastic compounding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America automotive plastic compounding market size, by country, 2018-2030 (US$M)
North America Automotive Plastic Compounding Market Outlook Share, 2022 & 2030 (US$M)
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