US Plastic Component Market Summary
The US Plastic Components market in North America's Heavy-Duty Vehicles is projected to grow significantly from 12.5 USD Billion in 2024 to 20.3 USD Billion by 2035.
Key Market Trends & Highlights
Plastic Components in North America's Heavy-Duty Vehicles Key Trends and Highlights
- The market is expected to achieve a compound annual growth rate (CAGR) of 4.51% from 2025 to 2035.
- By 2035, the market valuation is anticipated to reach 20.3 USD Billion, reflecting robust growth in the sector.
- In 2024, the market is valued at 12.5 USD Billion, indicating a strong foundation for future expansion.
- Growing adoption of lightweight materials due to increasing fuel efficiency regulations is a major market driver.
Market Size & Forecast
2024 Market Size | 12.5 (USD Billion) |
2035 Market Size | 20.3 (USD Billion) |
CAGR (2025 - 2035) | 4.51% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)