The automotive industry faces growing pressure to adopt sustainable materials due to increasing environmental concerns. Plastic usage is a significant concern, with 14 million tons of plastics used annually in passenger vehicles. IDTechEx predicts that the automotive sector will need to adopt more sustainable materials, particularly recycled plastic and bioplastics, to meet regulatory demands. The use of recycled plastics and bioplastics is becoming increasingly important as consumers demand more environmentally friendly products.
IDTechEx forecasts that the adoption of sustainable plastics in the automotive sector will increase rapidly between 2025 and 2035, with recycled content reaching 18% and bioplastics reaching 25.1%. However, many key automotive companies will struggle to meet these targets due to limited availability and variable properties of recycled plastics. IDTechEx’s new report, “Sustainable Plastics for Automotive 2025-2035,” provides analysis of the adoption of sustainable plastics and the circular economy of automotive plastics, as well as forecast for various materials. The report includes information on the technologies, players, adoption rates, partnerships, and forecast segmented by polymer type. IDTechEx’s expert research and forecasting help businesses stay ahead of industry trends and identify opportunities.