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North America Automotive Plastics For Exterior Trim Industry Overview
The North America automotive plastics for exterior trim market size is expected to reach USD 28.65 million by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 3.8% from 2021 to 2028. The North American market is anticipated to grow due to the use of plastics in the manufacturing of exterior trim components, such as front grills, spoiler, pillar panels, and rear bumpers for lightweight vehicles. Polycarbonate/acrylonitrile butadiene styrene (PC/ABS) blends have emerged as a suitable material for manufacturing automotive exterior trims. Their good impact strength at cold temperatures, high-temperature stability, and processability to injection molding makes them suitable for front grills.
North America Automotive Plastics For Exterior Trim Market Segmentation
Grand View Research has segmented the North America automotive plastics for exterior trim market on the basis of product, end use, and country:
Based on the Product Insights, the market is segmented into Polycarbonate/Acrylonitrile Butadiene Styrene Blends, Acrylonitrile Styrene Acrylate (ASA), Polymethyl Methacrylate (PMMA), Polymethyl Methacrylate (PMMA)/ASA Blends.
- Polycarbonate/acrylonitrile butadiene styrene (PC/ABS) blends dominated the market and accounted for a revenue share of more than 40.0% in 2020. PC/ABS blend is a thermoplastic alloy of PC and ABS components and exhibits excellent chemical and mechanical properties and superb processability.
- Polymethacrylate (PMMA) exhibits excellent weatherability, good mechanical properties, and resistance to acids, alkanes, and oils. Their high transparency, lightweight, and shatter-resistance make them suitable as a replacement for regular glass in tail lights for cars.
- Acrylonitrile styrene acrylate (ASA), a thermoplastic elastomer developed from modified styrene-acrylonitrile (SAN), exhibits excellent resistance to UV irradiation, moisture heat, and stress cracking. It is designed for manufacturing exterior trim applications, such as radiator grills.
Based on the End-use Insights, the market is segmented into Front Grill, Spoiler, Pillar Panel, Rear Bumper.
- The front grill segment dominated the market and accounted for more than 30.0% share of the overall revenue in 2020. The front grill is widely used for providing both brand awareness and customer appeal to a vehicle. The front grill allows airflow inside the hood, cooling off many parts, specifically for the radiator and vehicle’s engine.
- Additionally, the electric vehicle development by automotive manufacturers is expected to result in increased demand for front grills to provide an aesthetic appeal to the vehicles.
- Spoilers have gained popularity as a commonly used accessory not only in sports cars but also in roadsters and sedans. Even some hatchback and SUV roofs are now installed with compact spoilers.
- Since PC/ABS is used in manufacturing spoilers due to higher heat resistance, it helps to prevent heat generation from air drags. Apart from reducing air drags, spoilers are also used to increase the customer appeal of the vehicle.
North America Automotive Plastics For Exterior Trim Country Outlook
- U.S.
- Canada
- Mexico
Key Companies Profile Market Share Insights
The North American market for automotive plastics for exterior trim has been characterized by the presence of key players and a few country players. Established foreign players are establishing their manufacturing centers to cater to the rising demand for automotive plastics in exterior trim parts in the automotive sector.
Some prominent players in the North America automotive plastics for exterior trim market include
- SABIC
- LG Chem
- Trinseo S.A.
- Covestro AG
- Mitsubishi Chemical Corporation
- RTP Company
- LOTTE Chemical CORPORATION
- Sumitomo Chemical Co., Ltd.
- Gehr Kunstoffwerk GmbH Co. KG
- Asahi Kasei Corporation
Order a free sample PDF of the North America Automotive Plastics For Exterior Trim Market Intelligence Study, published by Grand View Research.
About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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