Plastic Component Market for Heavy-Duty Vehicles Report - Global Forecast till 2027

Plastic Component Market for Heavy-Duty Vehicles Report: Information by Component (Engine Cover, Transmission Cover, Intake air Modules, Bumper, Others), Material (PVC, PU, PP, PE, PA, ABS, others), Vehicle Type (Trucks, Tractors, Buses, Excavator, Combine Harvester, Scraper) Region - Forecast till 2027

ID: MRFR/AM/6628-CR | October, 2020 | Region : Global

Plastic Component Market Overview    


Plastic Component Marketwith a growth rate of CAGR of 11.41% Forecast by 2027


According to the latest report, the global plastic component market size for heavy-duty vehicles is predicted to grow from 137,143.0 Thousand units in the year 2018 to 281,470.8 Thousand units by the end of 2025 with a growth rate of CAGR of 11.41% during the forecast period. The rising penetration of plastic components in heavy-duty vehicles such as loaders, excavators, tractors, buses, heavy trucks, loaders and combine harvesters is due to the rise in demand for lightweight vehicles and relates light weight components in-vehicle applications.


There are two types of plastic components, one is thermoplastic and the other is thermosetting. The thermoplastic category includes polyamide(PA), acrylonitrile butadiene styrene (ABS), and polycarbonate (PC), on the other hand, thermosetting includes polyurethane (PU). These are the main plastic components materials in heavy-duty vehicle applications. These plastics are widely used in the manufacturing of several components for heavy-duty vehicles. Engine cover, seating wheel and tires, cam cover module, transmission cover, cluster panel/dashboard, windows and windshield, electronics, intake air modules, doors, and interior and exterior trim are the major components that require plastics.


This report contains all the information on the global plastic component market trends for heavy-duty vehicles research and the market strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors. And a detailed analysis of the global plastic component market analysis for heavy-duty vehicles and forecast to 2025 is also included in the report.


Major Key Players



  •       Continental AG (Germany)

  •       DowDuPont Inc. (US)

  •       Magneti Marelli S.p.A. (Italy)

  •       FLEX-N-GATE CORPORATION (US)

  •       Toyoda Gosei Co., Ltd (Japan)

  •       Samvardhana Motherson Group (India)

  •       ElringKlinger AG (Germany)

  •       Hartford Technologies, Inc. (US)

  •       Abbott Ball Company Inc. (US)

  •       SMB Bearings (UK)


Global Plastic Component Market for Heavy-Duty Vehicles, MARKET SIZE, 2018–2025  Plastic Component Market for Heavy-Duty Vehicles


Source: MRFR Analysis

Covid 19 Analysis


The outbreak of the global pandemic covid 19 has impacted the supply chain of the automotive industries, with discontinuation in the facilities of production around the world. The lockdown phase is predicted to affect the plastic component market value for heavy-duty vehicles as the growth of this market is directly affecting the production of vehicles. The decrease in the production of vehicles is predicted to adversely affect the global lightweight material market.


Market Dynamic



  •         Drivers


The governments of developing countries across the globe have fuel economy regulations for vehicles. These acts have pressurized the automotive OEMs to raise the uses of lightweight materials including plastics, composites, and metals. The advanced lightweight material increases the fuel efficiency of a vehicle and guarantees the performance and safety of the vehicle and passenger.


A reduction of 10% in the mass of the vehicle can ameliorate fuel economy by 6 to 8%. Manufacturing, assembly, selection of materials, and effective designs are likely to boost the plastic component market growth for heavy-duty vehicles.



  •         Opportunities


Electric vehicles are considered as a revelation in technology in the automotive industry. These types of vehicles offer the best performance as compare to the internal combustion counterparts. Electric vehicles are energy independent, more efficient, and far better than the alternative of gas.


Moreover, electric vehicles have low engine power, they require lightweight material which is likely to drive the engine’s capacity of pulling. Hence, the rise in demand for electric vehicles brings forth an opportunity for the growth of the plastic component market for heavy-duty vehicles.



  •         Restraints


The high material costs of titanium, magnesium, and carbon fiber-reinforced composites are likely to hinder the growth of the global plastic component market for heavy-duty vehicles. The price of 1kg carbon fiber reinforced polymers (CFRP) can go up to 3900% which is more than steel. The price of titanium can go up to 900% which is more than normal steel. Glass fiber reinforced plastics (GFRP) can go up to 400% which is again more than normal steel.



  •         Challenges


The high-cost lightweight materials need high maintenance. The maintenance of carbon fiber parts in the vehicle is quite difficult and physical damage requires the help of ultrasonic, acoustic emission detection, or x-ray imaging to be identified. In order to decrease the weight, several OEMs are developing monocoque out of single materials which provide structural strength and lightweight, but in case of an accident, the monocoque requires replacements which is very costly. Hence, it can be considered as a major challenge for the plastic component market for heavy-duty vehicles.


Cumulative Growth Analysis


The construction industry is the major contributor of the plastic component market for heavy-duty vehicles market in terms of revenue in the majority of the countries. This sector generates approx 10% of the GDP, mostly in small and micro enterprises in developing countries of Europe. Hence the (EU) European union is endlessly working to rise investments from the private sector and government sector in the construction industries.  


 Value Chain Analysis


According to the latest report, the global plastic component market for heavy-duty vehicles has been segmented on the basis of material, component, vehicle type, and region. Based on component, the global plastic component market outlook for heavy-duty vehicles is segmented into engine covers, intake air modules, transmission covers, cam cover modules, cluster panels/dashboard, oil on modules, bumpers, seating, wheels and tires, interior and exteriors trims, doors, and others. The seating segments id predicted to dominate the global plastic component market for heavy-duty vehicles due to the continuous improvements in the safety relevance, the aesthetic quality of seating trim, and the function of the semi-structural components in vehicles.


Based on materials, the global plastic components market revenue for heavy-duty vehicles marker has been segmented into polyvinyl chloride (PVC), polyurethane (PU), polypropylene (PP), polyethylene (PE), polyamide (PA), acrylonitrile butadiene styrene (ABS), polycarbonate (PC), and others. Based on the vehicle type, the global plastic components market for heavy-duty vehicles market has been segmented into loaders, buses, trucks, combine harvest or, tractors, excavators, and scrapers.


Segmentation Overview


The market is segmented on the basis of the material, component, vehicle type, and region. The global plastic component market for heavy-duty vehicles market is expected to witness decent growth during the forecast period.


By Application


Based on the application, the market is segmented into engine covers, intake air modules, transmission covers, cam cover modules, cluster panels/dashboard, oil on modules, bumpers, seating, wheels and tires, interior and exterior trims, doors, and others.



  •         By end-users


Based on the propulsion types, the market is segmented into loaders, buses, trucks, combine harvest or, tractors, excavators, and scrapers.


Regional Analysis


According to the reports, on the basis of the region, the global plastic component market for heavy-duty vehicles market is segmented into Asia Pacific, North America, Europe, and the rest of the world. The Asia Pacific is predicted to account for the maximum plastic component market shares for the heavy-duty vehicles market during the forecast period with a 74.26% share. China was the largest global market in the year 2018 with a volume of 59,385.2 Thousand units.  


Competitive landscape


The key manufacturers of the global plastic component market industry for heavy-duty vehicles are continuously investing in R&D in order to upgrade the PP, PU, ABS, and PC/ABS resins for the automotive applications of seats. The developments of thermoplastic resins are predicted to provide a quality and flexible design with a lightweight and excellent impact performance in the vehicles.


Report Overview


The following report comprises of –



  •         Market overview 

  •         Covid 19 Analysis

  •         Market Dynamic

  •         Drivers

  •         Opportunities

  •         Restraints 

  •         Challenges

  •         Cumulative Growth Analysis

  •         Value Chain Analysis

  •         Segmentation Overview 

  •         By Application 

  •         By End-Users

  •         Regional Analysis

  •         Competitive landscape


Recent Developments



  • In November 2018, DowDuPont Inc. established a plastics manufacturing facility in China for producing plastic components used in vehicles. This increased its customer base in China.

  • In October 2018, Fiat Chrysler Automobiles NV (FCA) sold its automotive components business, Magneti Marelli S.p.A, to CK Holdings Co. Ltd, a holding company of Calsonic Kansei Corporation, which is a leading Japanese automotive component supplier. The combined business operates under the name Magneti Marelli CK Holdings.

  • In August 2018, Continental AG established a 3D blow molding plant in Changshu, China. The facility produces 3D blow molded hoses used in high-performance turbochargers for automotive OEMs.


Segmentation



  • By Component Type

    • Engine Covers

    • Transmission Covers

    • Intake Air Modules

    • Oil Pan Modules

    • Cam Cover Modules

    • Cluster Panels/Dashboard

    • Bumpers

    • Seating

    • Wheels and Tires

    • Doors

    • Interior & Exterior Trims

    • Others



  • By Material

    • Polyvinyl chloride (PVC)

    • Polyurethane (PU)

    • Polypropylene (PP)

    • Polyethylene (PE)

    • Polyamide (PA)

    • Acrylonitrile butadiene styrene (ABS)

    • Polycarbonate (PC)

    • Others



  • By Vehicle Type

    • Tractors

    • Loaders

    • Scrapers

    • Excavators

    • Trucks

    • Combine Harvester

    • Buses




By Region


  • Asia-Pacific

    • China

    • Japan

    • India

    • Rest of Asia-Pacific



  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Rest of Europe



  • North America

    • US

    • Canada

    • Mexico

    • Rest of the World



  • Middle East & Africa

1 Executive Summary

2 Market Introduction

2.1 Definition 18

2.2 Scope of the Study 18

2.3 List of Assumptions 19

2.4 Market Structure 20

2.5 Market Attractiveness Analysis 21

2.6 Global Plastic Component Market for Heavy-Duty Vehicles, by Component 21

2.7 Global Plastic Component Market for Heavy-Duty Vehicles, by Material 22

2.8 Global Plastic Component Market for Heavy-Duty Vehicles, by Vehicle Type 23

2.9 Macro Factor Indicator Analyses 24

2.10 Key Takeaways 24

3 Research Methodology

3.1 Research Process 25

3.2 Primary Research 26

3.3 Secondary Research 27

3.4 Market Size Estimation 28

3.5 Forecast Model 28

4 Market Insights

5 Market Dynamics

5.1 Introduction 31

5.2 Drivers 31

5.2.1 Increase in Demand for Heavy-Duty Vehicles in End-Use Industries 31

5.2.2 Increase in Use for Plastic Components in Heavy-Duty Vehicles 33

5.3 Drivers Impact Analysis 33

5.4 Restraint 34

5.4.1 Rise in Environmental Concerns and Plastic Prices 34

5.5 Restraints Impact Analysis 34

5.6 Opportunity 35

5.6.1 Growth of Electric Heavy-Duty Vehicles 35

6 Market Factor Analysis

6.1 Porter’s Five Forces Model 36

6.1.1 Threat of New Entrants 36

6.1.2 Bargaining Power of Suppliers 37

6.1.3 Bargaining Power of Buyers 37

6.1.4 Threat of Substitutes 37

6.1.5 Rivalry 37

6.2 Supply Chain Analysis: Global Plastic Component Market for Heavy-Duty Vehicles 38

6.2.1 Design and Development 38

6.2.2 Raw Material Supply 38

6.2.3 Component Production 39

6.2.4 Supply 39

6.2.5 End-Use 39

6.3 Technology Trends 40

6.3.1 Development of Advanced Plastics 40

6.3.2 3D Printed Plastic Components 40

7 Global Heavy-Duty Vehicle Production Analysis

8 Global Plastic Component Market for Heavy-Duty Vehicles, by Component Type

8.1 Overview 42

8.2 Engine Covers 42

8.3 Transmission Covers 42

8.4 Intake Air Modules 42

8.5 Oil Pan Modules 43

8.6 Cam Cover Modules 43

8.7 Cluster Panels/Dashboard 43

8.8 Bumpers 43

8.9 Seating 44

8.10 Wheels and Tires 44

8.11 Doors 44

8.12 Interior & Exterior Trims 45

8.13 Others 45

9 Global Plastic Component Market for Heavy-Duty Vehicles, by Material

9.1 Overview: 47

9.2 PVC 47

9.3 PU 47

9.4 PP 47

9.5 PE 48

9.6 PA 48

9.7 ABS 48

9.8 PC 48

9.9 Others 48

10 Global Plastic Component Market for Heavy-Duty Vehicles, by Vehicle Type

10.1 Overview 50

10.2 Tractors 50

10.3 Loaders 50

10.4 Scrapers 50

10.5 Excavators 51

10.6 Trucks 51

10.7 Combine Harvester 51

10.8 Buses 51

11 Global Plastic Component Market for Heavy-Duty Vehicles, by Region

11.1 Introduction 53

11.2 Asia-Pacific 54

11.2.1 Market Estimates & Forecast, By Component Type, 2020-2027 55

11.2.2 Market Estimates & Forecast, By Material, 2020-2027 56

11.2.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 57

11.2.4 China 57

11.2.4.1 Market Estimates & Forecast, By Component Type, 2020-2027 58

11.2.4.2 Market Estimates & Forecast, By Material, 2020-2027 59

11.2.4.3 Market Estimates & Forecast, By Material, 2020-2027 59

11.2.5 Japan 60

11.2.5.1 Market Estimates & Forecast, By Component Type, 2020-2027 60

11.2.5.2 Market Estimates & Forecast, By Material, 2020-2027 61

11.2.5.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 61

11.2.6 India 62

11.2.6.1 Market Estimates & Forecast, By Component Type, 2020-2027 62

11.2.6.2 Market Estimates & Forecast, By Material, 2020-2027 63

11.2.6.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 63

11.2.7 Rest of Asia-Pacific 64

11.2.7.1 Market Estimates & Forecast, By Component Type, 2020-2027 64

11.2.7.2 Market Estimates & Forecast, By Material, 2020-2027 65

11.2.7.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 65

11.3 Europe 66

11.3.1 Market Estimates & Forecast, By Component Type, 2020-2027 67

11.3.2 Market Estimates & Forecast, By Material, 2020-2027 68

11.3.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 68

11.3.4 Germany 69

11.3.4.1 Market Estimates & Forecast, By Component Type, 2020-2027 69

11.3.4.2 Market Estimates & Forecast, By Material, 2020-2027 70

11.3.4.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 70

11.3.5 UK 71

11.3.5.1 Market Estimates & Forecast, By Component Type, 2020-2027 71

11.3.5.2 Market Estimates & Forecast, By Material, 2020-2027 72

11.3.5.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 72

11.3.6 France 73

11.3.6.1 Market Estimates & Forecast, By Component Type, 2020-2027 73

11.3.6.2 Market Estimates & Forecast, By Material, 2020-2027 74

11.3.6.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 74

11.3.7 Italy 75

11.3.7.1 Market Estimates & Forecast, By Component Type, 2020-2027 75

11.3.7.2 Market Estimates & Forecast, By Material, 2020-2027 76

11.3.7.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 76

11.3.8 Rest of Europe 77

11.3.8.1 Market Estimates & Forecast, By Component Type, 2020-2027 77

11.3.8.2 Market Estimates & Forecast, By Material, 2020-2027 78

11.3.8.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 78

11.4 North America 79

11.4.1 Market Estimates & Forecast, By Component Type, 2020-2027 80

11.4.2 Market Estimates & Forecast, By Material, 2020-2027 81

11.4.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 81

11.4.4 US 82

11.4.4.1 Market Estimates & Forecast, By Component Type, 2020-2027 82

11.4.4.2 Market Estimates & Forecast, By Material, 2020-2027 83

11.4.4.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 83

11.4.5 Canada 84

11.4.5.1 Market Estimates & Forecast, By Component Type, 2020-2027 84

11.4.5.2 Market Estimates & Forecast, By Material, 2020-2027 85

11.4.5.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 85

11.4.6 Mexico 86

11.4.6.1 Market Estimates & Forecast, By Component Type, 2020-2027 86

11.4.6.2 Market Estimates & Forecast, By Material, 2020-2027 87

11.4.6.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 87

11.5 Rest of the World (RoW) 88

11.5.1 Market Estimates & Forecast, By Component Type, 2020-2027 89

11.5.2 Market Estimates & Forecast, By Material, 2020-2027 90

11.5.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 90

11.5.4 South America 91

11.5.4.1 Market Estimates & Forecast, By Component Type, 2020-2027 91

11.5.4.2 Market Estimates & Forecast, By Material, 2020-2027 92

11.5.4.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 92

11.5.5 Middle East & Africa 93

11.5.5.1 Market Estimates & Forecast, By Component Type, 2020-2027 93

11.5.5.2 Market Estimates & Forecast, By Material, 2020-2027 94

11.5.5.3 Market Estimates & Forecast, By Vehicle Type, 2020-2027 95

12 PO Volume Analysis

13 Competitive Landscape

13.1 Competitive Overview 97

13.2 Competitive Benchmarking 98

13.3 Key Growth Analysis 98

13.4 Leading Players (in Terms of Number of Developments) in Global Plastic Component Market for Heavy-Duty Vehicles 99

14 Company Profiles (Component Manufacturers)

14.1 Continental AG 100

14.1.1 Company Overview 100

14.1.2 Financial Overview 101

14.1.3 Products/Services Offered 101

14.1.4 Key Developments (2020-2027) 102

14.1.5 SWOT Analysis 102

14.1.6 Key Strategies 102

14.2 DowDuPont Inc. 103

14.2.1 Company Overview 103

14.2.2 Financial Overview 103

14.2.3 Products/Services Offered 104

14.2.4 Key Developments (2020-2027) 104

14.2.5 SWOT Analysis 104

14.2.6 Key Strategies 105

14.3 Magneti Marelli S.p.A. 106

14.3.1 Company Overview 106

14.3.2 Financial Overview 106

14.3.3 Products/Services Offered 107

14.3.4 Key Developments (2020-2027) 107

14.3.5 SWOT Analysis 107

1.1.1. Key Strategies 107

14.4 FLEX-N-GATE CORPORATION 108

14.4.1 Company Overview 108

14.4.2 Financial Overview 108

14.4.3 Products/Services Offered 108

14.4.4 Key Developments (2020-2027) 108

14.4.5 SWOT Analysis 109

14.4.6 Key Strategies 109

14.5 TOYODA GOSEI Co., Ltd 110

14.5.1 Company Overview 110

14.5.2 Financial Overview 110

14.5.3 Products/Services Offered 111

14.5.4 Key Developments (2020-2027) 111

14.5.5 SWOT Analysis 112

14.5.6 Key Strategies 112

14.6 Samvardhana Motherson Group 113

14.6.1 Company Overview 113

14.6.2 Financial Overview 114

14.6.3 Products Offered 114

14.6.4 Key Developments (2020-2027) 115

14.6.5 SWOT Analysis 115

14.6.6 Key Strategies 115

14.7 ElringKlinger AG 116

14.7.1 Company Overview 116

14.7.2 Financial Overview 116

14.7.3 Products Offered 117

14.7.4 Key Developments (2020-2027) 117

14.7.5 SWOT Analysis 117

14.7.6 Key Strategies 118

14.8 Hartford Technologies, Inc. 119

14.8.1 Company Overview 119

14.8.2 Financial Overview 119

14.8.3 Product Offered 119

14.8.4 Key Developments (2020-2027) 119

14.8.5 SWOT Analysis 120

14.8.6 Key Strategies 120

14.9 Abbott Ball Company Inc. 121

14.9.1 Company Overview 121

14.9.2 Financial Overview 121

14.9.3 Products Offered 121

14.9.4 Key Developments (2020-2027) 121

14.9.5 SWOT Analysis 122

14.9.6 Key Strategies 122

14.10 SMB Bearings 123

14.10.1 Company Overview 123

14.10.2 Financial Overview 123

14.10.3 Products Offered 123

14.10.4 Key Developments (2020-2027) 124

14.10.5 SWOT Analysis 124

14.10.6 Key Strategies 124

15 Company Profiles (Plastic Suppliers)

15.1 BASF SE 125

15.1.1 Company Overview 125

15.1.2 Financial Overview 126

15.1.3 Products/Services Offered 126

15.1.4 Key Developments (2020-2027) 127

15.1.5 SWOT Analysis 127

15.1.6 Key Strategies 127

15.2 ENI 128

15.2.1 Company Overview 128

15.2.2 Financial Overview 128

15.2.3 Products/Services Offered 129

15.2.4 Key Developments (2020-2027) 129

15.2.5 SWOT Analysis 129

15.2.6 Key Strategies 129

15.3 LG Chem 130

15.3.1 Company Overview 130

15.3.2 Financial Overview 130

15.3.3 Products/Services Offered 131

15.3.4 Key Developments (2020-2027) 131

15.3.5 SWOT Analysis 131

15.3.6 Key Strategies 131

15.4 Exxon Mobil Corporation 132

15.4.1 Company Overview 132

15.4.2 Financial Overview 132

15.4.3 Products/Services Offered 133

15.4.4 Key Developments (2020-2027) 133

15.4.5 SWOT Analysis 133

15.4.6 Key Strategies 133

15.5 SABIC 134

15.5.1 Co-mpany Overview 134

15.5.2 Financial Overview 134

15.5.3 Products/Services Offered 135

15.5.4 Key Developments (2020-2027) 135

15.5.5 SWOT Analysis 135

15.5.6 Key Strategies 136

16 Appendix

16.1 References 137

16.2 Related Reports 138

17 List of Tables

TABLE 1 MARKET SYNOPSIS 17

TABLE 2 LIST OF ASSUMPTIONS 19

TABLE 3 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES: MACRO FACTOR INDICATOR ANALYSES 24

TABLE 4 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 46

TABLE 5 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 49

TABLE 6 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 52

TABLE 7 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY REGION, 2020-2027 (THOUSAND UNITS) 54

TABLE 8 ASIA-PACIFIC: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 55

TABLE 9 ASIA-PACIFIC: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 55

TABLE 10 ASIA-PACIFIC: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 56

TABLE 11 ASIA-PACIFIC: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 57

TABLE 12 CHINA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 58

TABLE 13 CHINA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 59

TABLE 14 CHINA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 59

TABLE 15 JAPAN: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 60

TABLE 16 JAPAN: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 61

TABLE 17 JAPAN: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 61

TABLE 18 INDIA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 62

TABLE 19 INDIA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 63

TABLE 20 INDIA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 63

TABLE 21 REST OF ASIA-PACIFIC: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 64

TABLE 22 REST OF ASIA-PACIFIC: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 65

TABLE 23 REST OF ASIA-PACIFIC: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 65

TABLE 24 EUROPE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 66

TABLE 25 EUROPE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 67

TABLE 26 EUROPE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 68

TABLE 27 EUROPE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 68

TABLE 28 GERMANY: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 69

TABLE 29 GERMANY: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 70

TABLE 30 GERMANY: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 70

TABLE 31 UK: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 71

TABLE 32 UK: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 72

TABLE 33 UK: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 72

TABLE 34 FRANCE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 73

TABLE 35 FRANCE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 74

TABLE 36 FRANCE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 74

TABLE 37 ITALY: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 75

TABLE 38 ITALY: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 76

TABLE 39 ITALY: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 76

TABLE 40 REST OF EUROPE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 77

TABLE 41 REST OF EUROPE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 78

TABLE 42 REST OF EUROPE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 78

TABLE 43 NORTH AMERICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 79

TABLE 44 NORTH AMERICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 80

TABLE 45 NORTH AMERICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 81

TABLE 46 NORTH AMERICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 81

TABLE 47 US: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 82

TABLE 48 US: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 83

TABLE 49 US: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 83

TABLE 50 CANADA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 84

TABLE 51 CANADA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 85

TABLE 52 CANADA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 85

TABLE 53 MEXICO: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 86

TABLE 54 MEXICO: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 87

TABLE 55 MEXICO: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 87

TABLE 56 REST OF WORLD: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COUNTRY, 2020-2027 (THOUSAND UNITS) 88

TABLE 57 REST OF THE WORLD: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 89

TABLE 58 REST OF THE WORLD: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 90

TABLE 59 REST OF THE WORLD: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 90

TABLE 60 SOUTH AMERICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 91

TABLE 61 SOUTH AMERICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 92

TABLE 62 SOUTH AMERICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 92

TABLE 63 MIDDLE EAST & AFRICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020-2027 (THOUSAND UNITS) 93

TABLE 64 MIDDLE EAST & AFRICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (TONNES) 94

TABLE 65 MIDDLE EAST & AFRICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (THOUSAND UNITS) 95

TABLE 66 LIST OF ACTIVE PLAYERS IN THE GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES 99

TABLE 67 CONTINENTAL AG: PRODUCTS/SERVICES OFFERED 101

TABLE 68 CONTINENTAL AG: KEY DEVELOPMENTS 102

TABLE 69 DOWDUPONT INC.: PRODUCTS/SERVICES OFFERED 104

TABLE 70 DOWDUPONT INC.: KEY DEVELOPMENTS 104

TABLE 71 MAGNETI MARELLI S.P.A.: PRODUCTS/SERVICES OFFERED 107

TABLE 72 MAGNETI MARELLI S.P.A.: KEY DEVELOPMENTS 107

TABLE 73 FLEX-N-GATE CORPORATION: PRODUCTS/SERVICES OFFERED 108

TABLE 74 FLEX-N-GATE CORPORATION: KEY DEVELOPMENTS 108

TABLE 75 TOYODA GOSEI CO., LTD: PRODUCTS/SERVICES OFFERED 111

TABLE 76 TOYODA GOSEI CO., LTD: KEY DEVELOPMENTS 111

TABLE 77 SAMVARDHANA MOTHERSON GROUP: PRODUCTS OFFERED 114

TABLE 78 ELRINGKLINGER AG: PRODUCTS OFFERED 117

TABLE 79 ELRINGKLINGER AG: KEY DEVELOPMENTS 117

TABLE 80 HARTFORD TECHNOLOGIES, INC.: PRODUCTS OFFERED 119

TABLE 81 ABBOTT BALL COMPANY INC.: PRODUCTS OFFERED 121

TABLE 82 SMB BEARINGS: PRODUCTS OFFERED 123

TABLE 83 BASF SE: PRODUCTS/SERVICES OFFERED 126

TABLE 84 BASF SE: KEY DEVELOPMENTS 127

TABLE 85 ENI: PRODUCTS/SERVICES OFFERED 129

TABLE 86 LG CHEM: PRODUCTS/SERVICES OFFERED 131

TABLE 87 EXXON MOBIL CORPORATION: PRODUCTS/SERVICES OFFERED 133

TABLE 88 SABIC: PRODUCTS/SERVICES OFFERED 135

18 List of Figures

FIGURE 1 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES: MARKET STRUCTURE 20

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, 2020, BY REGION 21

FIGURE 3 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT, 2020-2025 (USD MILLION) 21

FIGURE 4 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020-2027 (USD MILLION) 22

FIGURE 5 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020-2027 (USD MILLION) 23

FIGURE 6 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES: KEY TAKEAWAYS 24

FIGURE 7 RESEARCH PROCESS OF MRFR 25

FIGURE 8 TOP-DOWN & BOTTOM-UP APPROACHES 28

FIGURE 9 NORTH AMERICA: PLASTIC COMPONENT MARKET FOR HEAVY DUTY VEHICLES SIZE & MARKET SHARE BY COUNTRY, BY VALUE (2020 VS 2027) 29

FIGURE 10 EUROPE: PLASTIC COMPONENT MARKET FOR HEAVY DUTY VEHICLES SIZE & MARKET SHARE BY COUNTRY, BY VALUE (2020 VS 2027) 29

FIGURE 11 ASIA-PACIFIC: PLASTIC COMPONENT MARKET FOR HEAVY DUTY VEHICLES SIZE & MARKET SHARE BY COUNTRY, BY VALUE (2020 VS 2027) 30

FIGURE 12 ROW: PLASTIC COMPONENT MARKET FOR HEAVY DUTY VEHICLES SIZE & MARKET SHARE BY COUNTRY, BY VALUE (2020 VS 2027) 30

FIGURE 13 MARKET DYNAMICS: GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES 31

FIGURE 14 AGRICULTURE, FORESTRY, AND FISHING, VALUE ADDED, GDP CONTRIBUTION% GROWTH, 2014-2020 32

FIGURE 15 DRIVERS IMPACT ANALYSIS: GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES 33

FIGURE 16 RESTRAINT IMPACT ANALYSIS: GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES 34

FIGURE 17 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES: PORTER ANALYSIS 36

FIGURE 18 SUPPLY CHAIN: GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES 38

FIGURE 19 GLOBAL HEAVY-DUTY VEHICLE PRODUCTION ANALYSIS, 2020 (% SHARE) 41

FIGURE 20 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY COMPONENT TYPE, 2020 (% SHARE) 45

FIGURE 21 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY MATERIAL, 2020 (% SHARE) 49

FIGURE 22 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY VEHICLE TYPE, 2020 (% SHARE) 52

FIGURE 23 GLOBAL PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES, BY REGION, 2020 (% SHARE) 53

FIGURE 24 ASIA-PACIFIC: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES SHARE, BY COUNTRY, 2020 (% SHARE) 54

FIGURE 25 EUROPE: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES SHARE, BY COUNTRY, 2020 (% SHARE) 66

FIGURE 26 NORTH AMERICA: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES SHARE, BY COUNTRY, 2020 (% SHARE) 79

FIGURE 27 REST OF WORLD: PLASTIC COMPONENT MARKET FOR HEAVY-DUTY VEHICLES SHARE, BY COUNTRY, 2020 (% SHARE) 88

FIGURE 28 PO VOLUME PER PROCESSING TECHNOLOGY TYPE 96

FIGURE 29 PO VOLUME PER PRODUCT TYPE 96

FIGURE 30 BENCHMARKING OF MAJOR COMPETITORS 98

FIGURE 31 KEY GROWTH ANALYSIS, 2020 98

FIGURE 32 CONTINENTAL AG: TOTAL REVENUE, 2020-2027 (USD MILLION) 101

FIGURE 33 CONTINENTAL AG: SWOT ANALYSIS 102

FIGURE 34 DOWDUPONT INC.: TOTAL REVENUE, 2020-2027 (USD MILLION) 103

FIGURE 35 DOWDUPONT INC.: SWOT ANALYSIS 104

FIGURE 36 FIAT CHRYSLER AUTOMOBILES NV (FCA) (PARENT ORGANIZATION): TOTAL REVENUE, 2020-2027 (USD MILLION) 106

FIGURE 37 MAGNETI MARELLI S.P.A.: SWOT ANALYSIS 107

FIGURE 38 FLEX-N-GATE CORPORATION: SWOT ANALYSIS 109

FIGURE 39 TOYODA GOSEI CO., LTD: TOTAL REVENUE, 2020-2027 (USD MILLION) 110

FIGURE 40 TOYODA GOSEI CO., LTD: SWOT ANALYSIS 112

FIGURE 41 SAMVARDHANA MOTHERSON GROUP: FINANCIAL OVERVIEW 114

FIGURE 42 SAMVARDHANA MOTHERSON GROUP: SWOT ANALYSIS 115

FIGURE 43 ELRINGKLINGER AG: FINANCIAL OVERVIEW 116

FIGURE 44 ELRINGKLINGER AG: SWOT ANALYSIS 117

FIGURE 45 HARTFORD TECHNOLOGIES, INC.: SWOT ANALYSIS 120

FIGURE 46 ABBOTT BALL COMPANY INC.: SWOT ANALYSIS 122

FIGURE 47 SMB BEARINGS: SWOT ANALYSIS 124

FIGURE 48 BASF SE: TOTAL REVENUE, 2020-2027 (USD MILLION) 126

FIGURE 49 BASF SE: SWOT ANALYSIS 127

FIGURE 50 ENI: TOTAL REVENUE, 2020-2027 (USD MILLION) 128

FIGURE 51 ENI: SWOT ANALYSIS 129

FIGURE 52 LG CHEM: TOTAL REVENUE, 2020-2027 (USD MILLION) 130

FIGURE 53 LG CHEM: SWOT ANALYSIS 131

FIGURE 54 EXXON MOBIL CORPORATION: TOTAL REVENUE, 2020-2027 (USD MILLION) 132

FIGURE 55 EXXON MOBIL CORPORATION: SWOT ANALYSIS 133

FIGURE 56 SABIC: TOTAL REVENUE, 2020-2027 (USD MILLION) 134

FIGURE 57 SABIC: SWOT ANALYSIS 135

Plastic Component Market