Bio-lubricants Market End-use Industry, By Others
| Label | North America | United States | Canada |
|---|---|---|---|
| 2013 | 2291.6 USD Mn | 1900.3 USD Mn | 391.3 USD Mn |
| 2014 | 2411.9 USD Mn | 1998.2 USD Mn | 413.6 USD Mn |
| 2015 | 2539.6 USD Mn | 2102.1 USD Mn | 437.5 USD Mn |
| 2016 | 2691.1 USD Mn | 2225.5 USD Mn | 465.6 USD Mn |
| 2017 | 2869.7 USD Mn | 2371.0 USD Mn | 498.7 USD Mn |
| 2018 | 3079.5 USD Mn | 2541.9 USD Mn | 537.5 USD Mn |
| 2019 | 3325.2 USD Mn | 2742.2 USD Mn | 583.0 USD Mn |
| 2020 | 3612.9 USD Mn | 2976.6 USD Mn | 636.2 USD Mn |
| 2021 | 3949.7 USD Mn | 3251.0 USD Mn | 698.6 USD Mn |
| 2022 | 4344.4 USD Mn | 3572.5 USD Mn | 771.8 USD Mn |
| 2023 | 4807.7 USD Mn | 3949.8 USD Mn | 857.9 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
United States accounted for the larger market share in 2017 in the North America automotive plastics market, and is expected to reach USD 3949.80 Million in 2023 from USD 2371.00 Million in 2017. However, Canada is the fastest growing market, which is expected to grow at a CAGR of 9.80% during the forecast period 2018 - 2023. polypropylene segment accounted for the largest market share in 2017, this market is expected to reach USD 1723.00 Million in 2023 from USD 1086.80 Million in 2017. This market is projected to grow at a CAGR of 8.32% during the forecast period from 2018 - 2023. However, polyamide segment is the fastest growing market, which is expected to grow at a CAGR of 11.17% during the forecast period 2018 - 2023. interior segment accounted for the largest market share in 2017, this market is expected to reach USD 1575.70 Million in 2023 from USD 905.70 Million in 2017. This market is projected to grow at a CAGR of 10.00% during the forecast period from 2018 - 2023. However, under the hood segment is the fastest growing market, which is expected to grow at a CAGR of 11.20% during the forecast period 2018 - 2023.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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