The Global Resins in Automotive Market was valued at USD 52.8 Billion in 2024 and is projected to reach USD 78.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period (2024–2030). This robust growth is fueled by the automotive industry’s relentless pursuit of vehicle lightweighting, increasing demand for electric vehicles (EVs), and stringent environmental regulations driving the adoption of advanced, sustainable materials.

As automakers worldwide transition toward high-efficiency, low-emission vehicles, the role of advanced polymers has become more critical than ever. In this blog, we profile the Top 10 Companies in the Resins in Automotive Industry—a group of chemical giants and specialist polymer producers that are innovating the materials for the next generation of cars, trucks, and EVs.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Polyamide (Ultramid®), Polyurethane, Engineering Plastics

BASF is a global leader in automotive resins, providing a comprehensive portfolio of high-performance materials for interior, exterior, under-the-hood, and powertrain applications. Their innovations focus on lightweighting, thermal management for EVs, and sustainable solutions like certified compostable plastics.

Innovation & Sustainability Initiatives:

• Development of Ultramid® Advanced N for crash-proof battery housings in EVs

• ChemCycling™ project for chemically recycled plastics

• Bio-based and mass-balanced certified products

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9️⃣ 2. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Polyethylene (PE), Polypropylene (PP), Polyurethane Systems, Elastomers

Dow’s extensive range of polymers is critical for automotive components, including lightweight composites, interior trim, adhesives, and密封胶. The company is heavily invested in creating circular economy solutions and materials tailored for electric vehicle platforms.

Innovation & Sustainability Initiatives:

• PARTNERSTRANSFORM™ program for sustainable mobility solutions

• Development of ENGAGE™ polyolefin elastomers for lightweight, soft-touch components

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8️⃣ 3. LyondellBasell Industries

Headquarters: Houston, Texas, USA
Key Offering: Polypropylene (PP), Polyethylene (PE), Advanced Polymer Solutions

As one of the world’s largest plastics, chemicals, and refining companies, LyondellBasell supplies a significant volume of polyolefins to the global automotive sector. Their materials are used in bumpers, dashboards, door panels, and under-the-hood components.

Innovation & Sustainability Initiatives:

• CirculenRecover polymers from advanced recycling

• High-performance Hostacom™ and Hifax™ polypropylene compounds

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7️⃣ 4. SABIC

Headquarters: Riyadh, Saudi Arabia
Key Offering: Polycarbonate (Lexan®), Polypropylene (PP), ABS, Engineering Thermoplastics

SABIC is a key global supplier of engineering thermoplastics, particularly known for its Lexan® polycarbonate used in automotive glazing, lighting, and complex interior components. The company focuses on innovative solutions for electrification and autonomous driving.

Innovation & Sustainability Initiatives:

• TRUCIRCLE™ portfolio for certified renewable and circular polymers

• Development of flame-retardant materials for EV battery modules

Download FREE Sample Report: Resins in Automotive Market – View in Detailed Research Report

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6️⃣ 5. Covestro AG

Headquarters: Leverkusen, Germany
Key Offering: Polycarbonate (Makrolon®), Polyurethanes, Coatings & Adhesives

Covestro is a world-leading producer of high-tech polymer materials. Its Makrolon® polycarbonate is extensively used for automotive lighting, large glazing surfaces, and sensor housings for advanced driver-assistance systems (ADAS).

Innovation & Sustainability Initiatives:

• Mass-balanced polycarbonate using renewable attributed raw materials

• Closed-loop recycling concepts for automotive plastics

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5️⃣ 6. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: Zytel® PA, Hytrel® TPC-ET, Vamac® EVM, Specialty Resins

DuPont provides a wide array of high-performance polymers essential for demanding automotive applications, including under-the-hood components, fuel systems, electrical connectors, and hoses. Their materials are prized for durability, heat resistance, and chemical stability.

Innovation & Sustainability Initiatives:

• Bio-based and recycled-content engineering polymers

• Materials designed for high-voltage electrification systems

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4️⃣ 7. LANXESS

Headquarters: Cologne, Germany
Key Offering: Polyamide (Durethan®), PBT (Pocan®), Specialty Compounds

LANXESS is a leading specialty chemicals company with a strong focus on high-tech engineering plastics for the automotive industry. Their Durethan® and Pocan® brands are used in structural components, battery trays, and charging infrastructure for EVs.

Innovation & Sustainability Initiatives:

• Durethan® eco-based on mass-balanced renewable raw materials

• Focus on lightweight composite solutions for electric mobility

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3️⃣ 8. Asahi Kasei Corporation

Headquarters: Tokyo, Japan
Key Offering: Polypropylene (PP), ABS (Styrene®), Engineering Plastics

Asahi Kasei is a major Japanese chemical company supplying a diverse range of resins to automotive manufacturers, particularly in Asia. Their materials are used for interior trim, instrument panels, and various functional parts requiring high impact strength and aesthetics.

Innovation & Sustainability Initiatives:

• Development of flame-retardant ABS for EV battery components

• Initiatives for resource circulation and carbon neutrality

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2️⃣ 9. INEOS Styrolution

Headquarters: Frankfurt, Germany
Key Offering: ABS, ASA, SAN, PS, Specialty Styrenics

INEOS Styrolution is a leading global styrenics supplier, providing materials like ABS and ASA that are essential for automotive interiors, grilles, and mirror housings due to their excellent surface quality, rigidity, and weatherability.

Innovation & Sustainability Initiatives:

• INEOS Styrolution Advanced Materials for high-performance applications

• Investments in advanced recycling technologies for styrenics

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1️⃣ 10. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: Polycarbonate (Iupilon®), PPE, PBT, ABS

Mitsubishi Chemical Group offers a diverse portfolio of engineering plastics used across the automotive value chain. Their Iupilon® polycarbonate is widely used for automotive glazing and illuminated panels, while their modified PPE is used in radar sensor covers.

Innovation & Sustainability Initiatives:

• Development of bio-based engineering plastics

• Focus on materials supporting CASE (Connected, Autonomous, Shared, Electric) technologies

Get Full Report Here: Resins in Automotive Market – View in Detailed Research Report

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🚗 Outlook: The Future of Automotive Resins is Smarter and More Sustainable

The automotive resins market is undergoing a profound transformation. While traditional materials like polypropylene and polyurethane remain volume leaders, the industry is rapidly adopting high-performance engineering plastics, bio-based alternatives, and materials specifically designed for electrification.

📈 Key Trends Shaping the Market:

• Accelerated demand for lightweight materials to extend EV driving range

• Rise of polycarbonate for large panoramic roofs and lightweight glazing

• Increasing use of flame-retardant polymers for EV battery packs and electronic components

• Strong regulatory push and consumer demand for recycled and sustainable materials

Get Full Report Here: Resins in Automotive Market – View in Detailed Research Report

The companies listed above are not just supplying materials—they are enabling the technological evolution of the global automotive industry.