Automotive Plastics for Electrical Vehicle Market to Exceed Valuation of USD 5322.93 million at a 27.40% CAGR by 2029
Data Bridge Market Research
analyses that the automotive plastics for electrical vehicle market is expected to undergo a CAGR of 27.40% during the
forecast period. This indicates that the market value, which was USD 767.00
million in 2021, would rocket up to USD 5322.93 million by 2029
Key Pointers Covered in Automotive
Plastics for Electrical Vehicle Market Industry Trends and Forecast to 2029
·
Market
Size
·
Market
New Sales Volumes
·
Market
Replacement Sales Volumes
·
Market
Installed Base
·
Market
By Brands
·
Market
Procedure Volumes
·
Market
Product Price Analysis
·
Market
Regulatory Framework and Changes
·
Market
Shares in Different Regions
·
Recent
Developments for Market Competitors
·
Market
Upcoming Applications
·
Market
Innovators Study
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Benefits of Considering this Report
·
This
report is compiled using a vigorous and thorough research methodology. Data
Bridge Market Research is also known for its data accuracy and granular market
reports.
·
A
complete picture of the competitive scenario of Automotive Plastics for
Electrical Vehicle Market is depicted by this report.
·
The
report consists of a vast amount of data about the recent product and
technological developments in the markets.
·
The
insights in the report are easy to understand and include a graphical
representation of the numbers in the form of histograms, bar graphs, pie
charts, etc.
Automotive Plastics for Electrical
Vehicle Market Scope and Market Size
The Global
automotive plastics for electrical vehicle market is segmented on the basis
of plastic type, component and vehicle type and application. The growth amongst
these segments will help you analyze meagre growth segments in the industries
and provide the users with a valuable market overview and market insights to
help them make strategic decisions for identifying core market applications.
Plastic Type
·
Acrylonitrile Butadiene Styrene (ABS)
·
Polyamide (PA)
·
Polycarbonate (PC)
·
Polyvinyl Butyral (PVB)
·
Polyurethane (PU)
·
Polypropylene (PP)
·
Polyvinyl Chloride (PVC)
·
Polymethyl Methacrylate (PMMA)
·
High-Density Polyethylene (HDPE)
·
Low-Density Polyethylene (LDPE)
·
Polybutylene Terephthalate (PBT)
Component
·
Dashboard
·
Seats
·
Interior Trim
·
Car Upholstery
·
Bumper
·
Body
·
Exterior Trim
·
Battery
·
Engine
·
Other
Vehicle Type
·
Hybrid Electric Vehicles (HEVs)
·
Plug-In Hybrid Electric Vehicles (PHEVs)
·
Battery Electric Vehicles (BEVs)
Application
·
Powertrain System/Under Bonnet
·
Exterior, Interior
·
Lighting and Electric Wiring
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Some of the key questions answered in this
report:
·
How has the Automotive Plastics for Electrical
Vehicle Market performed so far and how will it perform in the coming years?
·
What are the key regional markets?
·
What is the breakup of the market based on the
procedure?
·
What is the breakup of the market based on the
injury location?
·
What is the breakup of the market based on the
end user?
·
What are the various stages in the value chain
of the industry?
·
What are the key driving factors and challenges
in the industry?
·
What is the structure of the Automotive Plastics
for Electrical Vehicle Market and who are the key players?
·
What is the degree of competition in the
industry?
Market Analysis and Insights: Automotive
Plastics for Electrical Vehicle Market
·
Plastic is the
major component of electric vehicles, which are categorized as electric vehicle
plastic. Metallic batteries are widely used in electric vehicles, but due to
heavy metal weight, the vehicle does not function correctly. As a result,
plastic is used to keep the car running smoothly. Electric vehicle plastic is
widely used in the manufacturing of electric vehicles. Polyoxymethylene
(POM), Polystyrene (PS), Polycarbonate, Polyamide (PC), Acrylic
(PMMA), Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), Polyvinyl
Chloride (PVC), Polyurethane (PUR), and others are examples of plastic vehicles
with applications in exterior and interior furnishings, transmission systems,
power plant systems, and others.
·
Automotive
plastics for electrical vehicle is one of the most important part of the
electrical vehicles. In recent years, there has been a rise in demand for
lightweight electrical vehicle to improve vehicle fuel economy throughout the
world are expected to considerably boost demand for automotive plastics, which
is expected to drive the global market. Furthermore, rising concern
regarding global warming and other environmental issues, increasing trend of
light-weight plastic as a manufacturing element, rising demand of this element
due to its performance competency compared to other options and the surge in
the disposable income are some major factor which increase the demand of the
electrical vehicle and are likely to drive the growth of the Automotive
plastics for electrical vehicle during the forecast period of 2022-2029.
·
The focus of
manufacturers are shifting towards the electric vehicles in the developed and
developing countries which will hamper the growth of existing IC engine
vehicles and also help in the growth of the automotive plastics for electrical
vehicle market. According to IEA, the Netherlands, Norway and Japan are leaders
in the electronic vehicles segment. Norway held the share of 46% in terms of
the global new electric car sales which has reported by IEA in 2018. So, with the
growing demand for electric vehicles, the manufacturer is looking to decrease
the weight of the vehicles, which are expected to drive the growth rate of the
automotive plastics for the electrical vehicle market during the forecast
period.
Automotive Plastics for Electrical
Vehicle Market Country Level Analysis
The countries covered in the
automotive plastics for electrical vehicle market report are U.S., Canada and
Mexico in North America, Germany, France, U.K., Netherlands, Switzerland,
Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan,
India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia,
Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi
Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa
(MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of
South America as part of South America.
Automotive Plastics for Electrical
Vehicle Market Share Analysis
The automotive plastics for
electrical vehicle market competitive landscape provides details by competitor.
Details included are company overview, company financials, revenue generated,
market potential, investment in research and development, new market
initiatives, global presence, production sites and facilities, production
capacities, company strengths and weaknesses, product launch, product width and
breadth, application dominance. The above data points provided are only related
to the companies' focus related to automotive plastics for electrical vehicle
market.
Key player Automotive Plastics
for Electrical Vehicle Market
·
BASF SE
(Germany)
·
LyondellBasell
Industries Holdings B.V. (Netherlands)
·
Arkema
(France)
·
DOW
(U.S.)
·
Evonik
(Germany)
·
SOLVAY
(Belgium)
·
DuPont (U.S.)
·
SABIC
(Saudi Arabia)
·
Formosa
Plastics Corporation, U.S.A. (U.S.)
·
INEOS
(U.K.)
·
Air
Liquide (France)
·
Sumitomo
Chemical Co., Ltd. (Japan)
·
Hexion
(U.S.)
·
Momentive
(U.S.)
·
Hanwha
Azdel, (U.S.)
·
Covestro
AG (Germany)
·
Celanese
Corporation (U.S.)
·
LG Chem
(South Korea)
·
Sumitomo
Chemical CO., LTD (Japan)
·
Lanxess
(Germany)
·
Asahi
Kasei Corporation (Japan)
MAJOR TOC OF THE REPORT
·
Chapter
One: Introduction
·
Chapter
Two: Market Segmentation
·
Chapter
Three: Market Overview
·
Chapter
Four: Executive Summary
·
Chapter
Five: Premium Insights
·
Chapter
Six: Automotive Plastics for Electrical Vehicle Market Share by Product &
Procedure Type
Get TOC Details:
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