Plastic Component Market Size, Share, and Trends 2025 to 2034

The global plastic component market is projected to grow from USD 569.50 billion in 2025 to approximately USD 987.78 billion by 2034, expanding at a CAGR of 6.31% during the forecast period. This growth is fueled by rising urbanization, rapid infrastructure development, increased demand in automotive and electronics sectors, and innovations in plastic manufacturing technologies.

Last Updated : August 2025  |  Report Code : 5069  |  Category : Chemical and Material  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Plastic Component Market 

5.1. COVID-19 Landscape: Plastic Component Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Plastic Component Market, By Type of Plastic

8.1. Plastic Component Market Revenue and Volume, By Type of Plastic

8.1.1 Polypropylene (PP)

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Polyethylene (PE)

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Polyvinyl Chloride (PVC)

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Polystyrene (PS)

8.1.4.1. Market Revenue and Volume Forecast

8.1.5. Acrylonitrile Butadiene Styrene (ABS)

8.1.5.1. Market Revenue and Volume Forecast

8.1.6. Engineering Plastics

8.1.6.1. Market Revenue and Volume Forecast

Chapter 9. Global Plastic Component Market, By Application

9.1. Plastic Component Market Revenue and Volume, By Application

9.1.1. Automotive

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Consumer Goods

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Electronics

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Packaging

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Healthcare

9.1.5.1. Market Revenue and Volume Forecast

9.1.6. Others

9.1.6.1. Market Revenue and Volume Forecast

Chapter 10. Global Plastic Component Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, By Type of Plastic

10.1.2. Market Revenue and Volume Forecast, By Application

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, By Type of Plastic

10.1.3.2. Market Revenue and Volume Forecast, By Application

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, By Type of Plastic

10.1.4.2. Market Revenue and Volume Forecast, By Application

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, By Type of Plastic

10.2.2. Market Revenue and Volume Forecast, By Application

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, By Type of Plastic

10.2.3.2. Market Revenue and Volume Forecast, By Application

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, By Type of Plastic

10.2.4.2. Market Revenue and Volume Forecast, By Application

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, By Type of Plastic

10.2.5.2. Market Revenue and Volume Forecast, By Application

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, By Type of Plastic

10.2.6.2. Market Revenue and Volume Forecast, By Application

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, By Type of Plastic

10.3.2. Market Revenue and Volume Forecast, By Application

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, By Type of Plastic

10.3.3.2. Market Revenue and Volume Forecast, By Application

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, By Type of Plastic

10.3.4.2. Market Revenue and Volume Forecast, By Application

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, By Type of Plastic

10.3.5.2. Market Revenue and Volume Forecast, By Application

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, By Type of Plastic

10.3.6.2. Market Revenue and Volume Forecast, By Application

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, By Type of Plastic

10.4.2. Market Revenue and Volume Forecast, By Application

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, By Type of Plastic

10.4.3.2. Market Revenue and Volume Forecast, By Application

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, By Type of Plastic

10.4.4.2. Market Revenue and Volume Forecast, By Application

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, By Type of Plastic

10.4.5.2. Market Revenue and Volume Forecast, By Application

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, By Type of Plastic

10.4.6.2. Market Revenue and Volume Forecast, By Application

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, By Type of Plastic

10.5.2. Market Revenue and Volume Forecast, By Application

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, By Type of Plastic

10.5.3.2. Market Revenue and Volume Forecast, By Application

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, By Type of Plastic

10.5.4.2. Market Revenue and Volume Forecast, By Application

Chapter 11. Company Profiles

11.1. LG Chem.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Toray Industries, Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Exxon Mobil Corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. DowDuPont Inc.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Magneti Marelli S.P.A.

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. FLEX-N-GATE CORPORATION

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. TOYODA GOSEI Co., Ltd.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. ElringKlinger AG

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Hartford Technologies, Inc.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Abbott Ball Company Inc.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global plastic component market size is expected to increase USD 987.78 billion by 2034 from USD 535.70 billion in 2024.

The plastic component market is anticipated to grow at a CAGR of over 6.31% between 2025 and 2034.

The major players operating in the plastic component market are LG Chem., Toray Industries. Inc., Exxon Mobil Corporation, DowDuPont Inc., Magneti Marelli S.P.A., FLEX-N-GATE CORPORATION, TOYODA GOSEI Co. Ltd., ElringKlinger AG, Hartford Technologies Inc., Abbott Ball Company Inc., SMB Bearings, BASF SE, Continental AG, and Others.

The driving factors of the plastic component market are the increasing demand for lightweight vehicles is expected to fuel the growth of the plastic component market.

Asia Pacific region will lead the global plastic component market during the forecast period 2025 to 2034.

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