Plastics is growing as an alternative to metals in an automobile because of many advantages. Plastics/ polymer composites have the highest share of plastic material in an automobile. In 2014, plastics/ polymer composites of worth $430/vehicle were used in light vehicles of North America. While plastic additive worth $24/vehicle and plastic compounding worth $60/vehicle were used in 2014.
- Market Statistics
- End Use Market
- Average Value of Plastic Content in North American Light Vehicles