India Automotive Plastics Market (2025-2031) Outlook | Industry, Share, Growth, Size, Forecast, Trends, Analysis, Companies, Revenue & Value
Market Forecast By Product Type (Polypropylene (PP), Polyurethane(PU), Polyvinylchloride (PVC), Polyamide (PA), Acrylonitrile Butadiene Styrene (ABS), High Density Polyethylene (HDPE), Polycarbonate (PC), Polybutylene Terephthalate (PBT)), By Application (Interior, Exterior, Under Bonnet), By Vehicle Type (Conventional Cars, Electric Cars) And Competitive Landscape
| Product Code: ETC4505305 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India Automotive Plastics Market Import Shipment Trend (2020-2024)
The India automotive plastics market import shipment experienced a significant decline with a CAGR of -14.7% from 2020 to 2024. The growth rate between 2023 and 2024 further decreased by -27.6%, indicating a sharp slowdown in imports. The market contracted notably, showing a consistent downward trend over the period.
India Automotive Plastics Market Overview
The India automotive plastics market is expanding due to the automotive industry`s growth and the need for lightweight materials. Plastics are used in various parts of vehicles to reduce weight and improve fuel efficiency.
Drivers of the Market
The India Automotive Plastics market is seeing significant growth as automakers increasingly adopt lightweight and fuel-efficient materials. Plastics offer weight reduction, improved fuel efficiency, and enhanced design flexibility. Environmental regulations promoting fuel efficiency are a major driver, along with the growing middle-class population`s demand for automobiles.
Challenges of the Market
The India Automotive Plastics market confronts challenges in terms of material selection and compliance with stringent automotive safety and emission standards. Selecting the right plastic materials for various automotive components is a critical challenge due to factors like durability, weight reduction, and cost considerations. Moreover, adapting to evolving regulations, such as BS VI emissions standards, poses a significant challenge to automotive manufacturers who need to incorporate plastics to reduce vehicle weight and enhance fuel efficiency.
COVID-19 Impact on the Market
The automotive plastics market experienced a slowdown due to disruptions in manufacturing and supply chain issues during the pandemic. However, as the automotive industry rebounds and focuses on lightweight materials, the market is expected to recover and grow.
Key Players in the Market
Prominent players in the India automotive plastics market include Reliance Industries Limited, BASF India, and SABIC India. These companies supply a wide range of plastic materials used in automotive interior and exterior components.
Key Highlights of the Report:
- India Automotive Plastics Market Outlook
- Market Size of India Automotive Plastics Market, 2024
- Forecast of India Automotive Plastics Market, 2031
- Historical Data and Forecast of India Automotive Plastics Revenues & Volume for the Period 2021-2031
- India Automotive Plastics Market Trend Evolution
- India Automotive Plastics Market Drivers and Challenges
- India Automotive Plastics Price Trends
- India Automotive Plastics Porter's Five Forces
- India Automotive Plastics Industry Life Cycle
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Product Type for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Polypropylene (PP) for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Polyurethane(PU) for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Polyvinylchloride (PVC) for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Polyamide (PA) for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Acrylonitrile Butadiene Styrene (ABS) for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By High Density Polyethylene (HDPE) for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Polycarbonate (PC) for the Period 2021-2031
- Historical Data and Forecast of India Polypropylene (PP) Automotive Plastics Market Revenues & Volume By Polybutylene Terephthalate (PBT) for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Interior for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Exterior for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Under Bonnet for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Vehicle Type for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Conventional Cars for the Period 2021-2031
- Historical Data and Forecast of India Automotive Plastics Market Revenues & Volume By Electric Cars for the Period 2021-2031
- India Automotive Plastics Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Vehicle Type
- India Automotive Plastics Top Companies Market Share
- India Automotive Plastics Competitive Benchmarking By Technical and Operational Parameters
- India Automotive Plastics Company Profiles
- India Automotive Plastics Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Automotive Plastics Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Automotive Plastics Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive Plastics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Plastics Market - Industry Life Cycle |
3.4 India Automotive Plastics Market - Porter's Five Forces |
3.5 India Automotive Plastics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Automotive Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Automotive Plastics Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 India Automotive Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight vehicles to improve fuel efficiency and reduce emissions. |
4.2.2 Growing automotive production and sales in India. |
4.2.3 Technological advancements leading to increased usage of plastics in automotive manufacturing. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production costs. |
4.3.2 Regulatory challenges related to environmental concerns and recycling of plastics in the automotive industry. |
5 India Automotive Plastics Market Trends |
6 India Automotive Plastics Market, By Types |
6.1 India Automotive Plastics Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Plastics Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Automotive Plastics Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.4 India Automotive Plastics Market Revenues & Volume, By Polyurethane (PU), 2021-2031F |
6.1.5 India Automotive Plastics Market Revenues & Volume, By Polyvinylchloride (PVC), 2021-2031F |
6.1.6 India Automotive Plastics Market Revenues & Volume, By Polyamide (PA), 2021-2031F |
6.1.7 India Automotive Plastics Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021-2031F |
6.1.8 India Automotive Plastics Market Revenues & Volume, By High Density Polyethylene (HDPE), 2021-2031F |
6.1.9 India Automotive Plastics Market Revenues & Volume, By Polybutylene Terephthalate (PBT), 2021-2031F |
6.1.10 India Automotive Plastics Market Revenues & Volume, By Polybutylene Terephthalate (PBT), 2021-2031F |
6.2 India Automotive Plastics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Plastics Market Revenues & Volume, By Interior, 2021-2031F |
6.2.3 India Automotive Plastics Market Revenues & Volume, By Exterior, 2021-2031F |
6.2.4 India Automotive Plastics Market Revenues & Volume, By Under Bonnet, 2021-2031F |
6.3 India Automotive Plastics Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Plastics Market Revenues & Volume, By Conventional Cars, 2021-2031F |
6.3.3 India Automotive Plastics Market Revenues & Volume, By Electric Cars, 2021-2031F |
7 India Automotive Plastics Market Import-Export Trade Statistics |
7.1 India Automotive Plastics Market Export to Major Countries |
7.2 India Automotive Plastics Market Imports from Major Countries |
8 India Automotive Plastics Market Key Performance Indicators |
8.1 Adoption rate of innovative plastic materials in automotive manufacturing. |
8.2 Investment in research and development for new plastic technologies. |
8.3 Percentage of automotive manufacturers using recyclable plastics in their vehicles. |
9 India Automotive Plastics Market - Opportunity Assessment |
9.1 India Automotive Plastics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Automotive Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Automotive Plastics Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 India Automotive Plastics Market - Competitive Landscape |
10.1 India Automotive Plastics Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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