2018 Plastics and Polymer Composites in Light Vehicles
This report presents the latest results of an assessment of the chemistry and other materials make-up of light vehicles, a major end-use customer for American chemistry. It marks the first time we have examined the market for all of North America. That is, the North American Free Trade Agreement (NAFTA) comprised of the United States, Canada and Mexico.
With 16.88 million light vehicles assembled in the NAFTA nations during 2017 this important market represents the equivalent of some $53.7 billion in chemistry. This chemistry value is up from $52.8 billion in 2016 when 18.02 million units were assembled. This 2017 value has increased significantly from the depths of the recession in 2009, when 8.45 million units were assembled and the associated chemistry value was $24.6 billion.