The Market Reports

Synopsis
The global market for ASA & PMMA for Automobile was estimated to be worth US$ 119 million in 2024 and is forecast to a readjusted size of US$ 187 million by 2031 with a CAGR of 6.9% during the forecast period 2025-2031.

PMMA/ASA alloy is a high-performance material that combines the advantages of polymethyl methacrylate (PMMA) and acrylonitrile-styrene-acrylate (ASA), making it widely used in the automotive industry. Its excellent UV resistance and weatherability make it ideal for exterior automotive components such as side mirror housings, trim strips, grilles, roof rails, and body moldings, ensuring long-term color and appearance stability even under harsh environmental conditions. Additionally, PMMA enhances the material's high gloss and superior surface quality, giving automotive parts a sleek and refined look that enhances overall aesthetics.

The material also boasts excellent chemical resistance, protecting against common automotive substances such as gasoline, motor oil, and cleaning agents, thereby extending the lifespan of components. Due to its outstanding processing capabilities, PMMA/ASA alloy is suitable for injection molding, extrusion, and thermoforming, meeting the automotive industry's demands for lightweight, durability, and visual appeal.

The application of PMMA/ASA alloys in the automotive industry has been steadily growing, driven by their excellent weather resistance, high gloss, and UV stability. These properties make them ideal for exterior automotive parts. More automakers are opting for this material over traditional ABS or painted solutions, as it reduces maintenance costs while improving durability. Additionally, stricter environmental regulations are accelerating the adoption of ASA/PMMA alloys, as they eliminate the need for additional coating processes, reducing emissions and pollution.

As the automotive industry shifts toward electrification and intelligent vehicle design, the demand for aesthetic and lightweight materials is increasing, creating new opportunities for PMMA/ASA alloys. In particular, the rise of electric vehicles (EVs) has amplified the need for high-gloss, durable, and sustainable materials. Advances in plastic modification technology are also expected to enhance the performance of PMMA/ASA alloys, improving impact resistance and scratch resistance. Additionally, the trend toward vehicle customization may drive greater diversification in color and texture options, catering to personalized consumer preferences.

Despite the promising market outlook, several challenges remain in the widespread adoption of PMMA/ASA alloys. Raw material cost fluctuations may impact their competitiveness, particularly in the high-performance engineering plastics sector. Furthermore, many traditional automakers still rely on conventional painting processes, requiring time and adjustments in the supply chain to transition to paint-free materials. Although PMMA/ASA alloys offer excellent weather resistance, further improvements in long-term durability under extreme conditions will be necessary to ensure their reliability for extended applications.

This report aims to provide a comprehensive presentation of the global market for ASA & PMMA for Automobile, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of ASA & PMMA for Automobile by region & country, by Type, and by Application.

The ASA & PMMA for Automobile market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ASA & PMMA for Automobile.

Market Segmentation

By Company

• INEOS Styrolution
• SABIC
• LG Chem
• LOTTE Chemical
• Wanhua
• Bhansali Engineering Polymers
• Qingdao Primetech Plastic
• Kumho Sunny
• COPT New Material
• Coremer
• Suzhou Huashida Engineering Plastics

Segment by Type

• Extrusion Grade
• Heat Resistant Grade
• Flame Retardant Grade
• General Grade
   

Segment by Application

• Car Rear View Mirror
• Car Grille
• Car Sunroof
• Car Door Triangle Block
• Car Pillar
• Car Decorative Panel
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.