Scratch Resistant Polypropylene Compound For Automotive Interior Market To Reach $7.83 Billion By 2030

Scratch Resistant Polypropylene Compound For Automotive Interior Market Growth & Trends

The global scratch resistant polypropylene compound for automotive interior market size is anticipated to reach USD 7.83 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 6.8% from 2024 to 2030.

Outstanding mechanical properties, moldability and low cost make PP compounds highly sought after materials in the automotive industry. The growth of these materials in various automotive interior applications strengthens by the improved performance of the PP resins. These materials after compounding with additives such as talc, mica, glass fiber, etc. help impart properties such as scratch resistance, high impact strength which are essential for automotive interior applications. 

Customer’s perspective related to aesthetics of vehicles interiors as well as exterior has drastically changed. Today, buyers expect the vehicles to maintain the aesthetic appeal for a larger part of the vehicle lifecycle. These factors are expected to drive the demand for PP compounds in manufacturing dashboard, door trims, etc. 

Key market players in collaboration with other participants in the value chain have been developing technologies to manufacture compounds which facilitate easy paintability, low coefficient of thermal expansion and better conductivity. To address environmental issues, developing compounding technology with biomass derived resin is expected to be a key priority for major industry participants.

Major players include BASF SE, LyondellBasell, Evonik Industries, Sumitomo Chemical Co., Ltd., SABIC, Trinseo, A. Schulman, Inc., etc.

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Scratch Resistant Polypropylene Compound For Automotive Interior Market Report Highlights

• The dashboard segment dominated the market and accounted for the largest revenue share of 34.3% in 2023. The rising concerns of driver’s safety is one of the major factors attributing to the market growth.

• The door segment is expected to experience significant growth over the forecast period. The door panels have the most controls and decorations among interior components.

• The North America scratch-resistant polypropylene compound for automotive interior market had a market share of 21.4% in 2023.

• The Asia Pacific scratch resistant polypropylene compound for automotive interior market dominated with a market share of 44.1% in 2023. The increasing urbanization in countries such as India and China has led to a surge in demand for automotive production and its components.

Scratch Resistant Polypropylene Compound For Automotive Interior Market Segmentation

Grand View Research has segmented the global scratch resistant polypropylene compound for automotive interior market on the basis of application and region:

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Dashboard

• Door

• Piller Trim

• Seat Carriers

• Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Russia

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Indonesia

  • Australia

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List Of Key Players in the Scratch Resistant Polypropylene Compound For Automotive Interior Market

• LyondellBasell Industries Holdings B.V.

• Borealis AG.

• Exxon Mobil Corporation. 

• SABIC

• Mitsui Chemicals, Inc. 

• Sumitomo Chemical Co., Ltd.

• RTP Company

• Present Advanced Composites Inc.

• Washington Penn

• Kingfa Sci. &Tech. Co.,Ltd.