| Product Code: ETC8619182 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria`s import shipments of automotive plastics for passenger vehicles continued to see steady growth, with the USA, Saudi Arabia, South Korea, Qatar, and South Africa emerging as the top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained moderate concentration levels as indicated by the Herfindahl-Hirschman Index (HHI). With a healthy compound annual growth rate (CAGR) of 4.23% over the period of 2020-2024, the outlook for the automotive plastics market in Nigeria remains positive, showcasing resilience and potential for further expansion in the coming years.

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 Nigeria Automotive Plastics For Passenger Vehicles Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Automotive Plastics For Passenger Vehicles Market - Industry Life Cycle |
3.4 Nigeria Automotive Plastics For Passenger Vehicles Market - Porter's Five Forces |
3.5 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Automotive Plastics For Passenger Vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight materials in the automotive industry to enhance fuel efficiency. |
4.2.2 Increasing focus on reducing carbon emissions and enhancing sustainability in the automotive sector. |
4.2.3 Rise in vehicle production and sales in Nigeria due to economic growth and increasing urbanization. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with the adoption of automotive plastics. |
4.3.2 Limited availability of advanced technology and expertise in plastic manufacturing in Nigeria. |
4.3.3 Challenges related to the recyclability and disposal of automotive plastics, impacting environmental sustainability. |
5 Nigeria Automotive Plastics For Passenger Vehicles Market Trends |
6 Nigeria Automotive Plastics For Passenger Vehicles Market, By Types |
6.1 Nigeria Automotive Plastics For Passenger Vehicles Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Acrylonitrile Butadiene Styrene (ABS), 2021- 2031F |
6.1.4 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.1.5 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Polyurethane (PU), 2021- 2031F |
6.1.6 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021- 2031F |
6.1.7 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Polyethylene (PE), 2021- 2031F |
6.1.8 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Polycarbonate (PC), 2021- 2031F |
6.1.9 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Nigeria Automotive Plastics For Passenger Vehicles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Overview, 2021- 2031F |
6.2.3 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Powertrain, 2021- 2031F |
6.2.4 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Electrical Components, 2021- 2031F |
6.2.5 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Interior Furnishings, 2021- 2031F |
6.2.6 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Exterior Furnishings, 2021- 2031F |
6.2.7 Nigeria Automotive Plastics For Passenger Vehicles Market Revenues & Volume, By Under-the-Hood Components, 2021- 2031F |
7 Nigeria Automotive Plastics For Passenger Vehicles Market Import-Export Trade Statistics |
7.1 Nigeria Automotive Plastics For Passenger Vehicles Market Export to Major Countries |
7.2 Nigeria Automotive Plastics For Passenger Vehicles Market Imports from Major Countries |
8 Nigeria Automotive Plastics For Passenger Vehicles Market Key Performance Indicators |
8.1 Average weight reduction achieved per vehicle through the use of automotive plastics. |
8.2 Percentage increase in the adoption of recyclable plastics in passenger vehicles. |
8.3 Number of research and development partnerships established to drive innovation in automotive plastics technology in Nigeria. |
9 Nigeria Automotive Plastics For Passenger Vehicles Market - Opportunity Assessment |
9.1 Nigeria Automotive Plastics For Passenger Vehicles Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Automotive Plastics For Passenger Vehicles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Automotive Plastics For Passenger Vehicles Market - Competitive Landscape |
10.1 Nigeria Automotive Plastics For Passenger Vehicles Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Automotive Plastics For Passenger Vehicles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |