Market Overview:
The global electric vehicle polymers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles across the globe. In addition, the growing awareness about environment-friendly and fuel-efficient vehicles is also propelling the growth of this market. The engineering plastics segment is expected to hold a major share of the global electric vehicle polymers market during the forecast period. This can be attributed to their high thermal and electrical resistance, which makes them suitable for use in electric vehicles.
Product Definition:
Electric Vehicle Polymers are polymers that are used in electric vehicles. They are important because they help to improve the performance and efficiency of electric vehicles.
Engineering Plastics (ABS, PA, PC, PPS, Fluoropolymer):
Engineering plastics are high-performance materials that have wide applications in the automotive, electrical & electronics and construction industries. ABS is one of the most widely used engineering plastics owing to its properties such as low density, high impact resistance and good thermal stability. ABS can be easily injection molded into complex shapes for use in automotive components including engine covers, gearbox cases and others.
Elastomers (Synthetic Rubber, Natural Rubber, Fluoroelastomer):
Elastomers are polymers with the elasticity of rubber and are resistant to chemicals, heat, and solvents. They can be either natural or synthetic in origin. Natural elastomers include styrene-butadiene rubber (SBR), nitrile butadiene rubber (NBR), ethylene-vinyl acetate (EVA) and silicone.
Application Insights:
The passenger electric vehicle segment dominated the global market in 2017 and is expected to maintain its lead over the forecast period. Increasing demand for passenger vehicles owing to rising disposable income levels, especially in emerging economies such as China, India and Brazil is anticipated to drive growth. The commercialization of Electric Vehicle Charging Infrastructure (EVCI) through partnerships with public institutions, automotive manufacturers and private companies will further boost adoption of EVs across various regions.
Commercialization of EVCI through collaboration between various industry participants including automobile manufacturers, charging station providers and governments has been a prominent trend across different regions globally. Various advantages associated with EVCI such as reduction in cost associated with installation of chargers along with ease of use are projected to increase its adoption rate over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% of total volume in 2017 owing to high demand from key markets including China, Japan, and South Korea. Rapid urbanization coupled with increasing disposable income levels among developing countries such as India and China are projected to fuel industry growth over the coming years.
China was one of the largest producers as well as consumers of electric vehicles across all regions except North America. However, due to new policies implemented by U.S.
Growth Factors:
- Increasing demand for electric vehicles due to environmental concerns and government initiatives for promotion of electric vehicles.
- Rising prices of conventional fuels and their impact on the economics of electric vehicles.
- Growing research and development activities by market players to develop new polymer materials that can improve the performance of electric vehicles.
- Proliferation of start-ups in the electric vehicle polymer market, which is expected to lead to increased competition and innovation in this market space.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle Polymers Market Research Report
By Type
Engineering Plastics (ABS, PA, PC, PPS, Fluoropolymer), Elastomers (Synthetic Rubber, Natural Rubber, Fluoroelastomer)
By Application
Passenger Electric Vehicle, Commercial Electric Vehicle
By Companies
BASF (Germany), DowDuPont (US), Covestro (Germany), Celanese (US), SABIC (Saudi Arabia), Solvay (Belgium), LANXESS (Germany), LG Chem (South Korea), Asahi Kasei (Japan), Evonik Industries (Germany), BASF (Germany)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle Polymers Market Report Segments:
The global Electric Vehicle Polymers market is segmented on the basis of:
Types
Engineering Plastics (ABS, PA, PC, PPS, Fluoropolymer), Elastomers (Synthetic Rubber, Natural Rubber, Fluoroelastomer)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Electric Vehicle, Commercial Electric Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF (Germany)
- DowDuPont (US)
- Covestro (Germany)
- Celanese (US)
- SABIC (Saudi Arabia)
- Solvay (Belgium)
- LANXESS (Germany)
- LG Chem (South Korea)
- Asahi Kasei (Japan)
- Evonik Industries (Germany)
- BASF (Germany)
Highlights of The Electric Vehicle Polymers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Engineering Plastics (ABS, PA, PC, PPS, Fluoropolymer)
- Elastomers (Synthetic Rubber, Natural Rubber, Fluoroelastomer)
- By Application:
- Passenger Electric Vehicle
- Commercial Electric Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Vehicle Polymers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric vehicle polymers are a type of polymer that is used to make electric vehicles. These polymers can be used to create the body, chassis, and other parts of an electric car.
Some of the major companies in the electric vehicle polymers market are BASF (Germany), DowDuPont (US), Covestro (Germany), Celanese (US), SABIC (Saudi Arabia), Solvay (Belgium), LANXESS (Germany), LG Chem (South Korea), Asahi Kasei (Japan), Evonik Industries (Germany), BASF (Germany).
The electric vehicle polymers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Vehicle Polymers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Vehicle Polymers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Vehicle Polymers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Vehicle Polymers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Vehicle Polymers Market Size & Forecast, 2018-2028
4.5.1 Electric Vehicle Polymers Market Size and Y-o-Y Growth
4.5.2 Electric Vehicle Polymers Market Absolute $ Opportunity
Chapter 5 Global Electric Vehicle Polymers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Vehicle Polymers Market Size Forecast by Type
5.2.1 Engineering Plastics (ABS
5.2.2 PA
5.2.3 PC
5.2.4 PPS
5.2.5 Fluoropolymer)
5.2.6 Elastomers (Synthetic Rubber
5.2.7 Natural Rubber
5.2.8 Fluoroelastomer)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Vehicle Polymers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Vehicle Polymers Market Size Forecast by Applications
6.2.1 Passenger Electric Vehicle
6.2.2 Commercial Electric Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Vehicle Polymers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Vehicle Polymers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Vehicle Polymers Analysis and Forecast
9.1 Introduction
9.2 North America Electric Vehicle Polymers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Vehicle Polymers Market Size Forecast by Type
9.6.1 Engineering Plastics (ABS
9.6.2 PA
9.6.3 PC
9.6.4 PPS
9.6.5 Fluoropolymer)
9.6.6 Elastomers (Synthetic Rubber
9.6.7 Natural Rubber
9.6.8 Fluoroelastomer)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Vehicle Polymers Market Size Forecast by Applications
9.10.1 Passenger Electric Vehicle
9.10.2 Commercial Electric Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Vehicle Polymers Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Vehicle Polymers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Vehicle Polymers Market Size Forecast by Type
10.6.1 Engineering Plastics (ABS
10.6.2 PA
10.6.3 PC
10.6.4 PPS
10.6.5 Fluoropolymer)
10.6.6 Elastomers (Synthetic Rubber
10.6.7 Natural Rubber
10.6.8 Fluoroelastomer)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Vehicle Polymers Market Size Forecast by Applications
10.10.1 Passenger Electric Vehicle
10.10.2 Commercial Electric Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Vehicle Polymers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Vehicle Polymers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Vehicle Polymers Market Size Forecast by Type
11.6.1 Engineering Plastics (ABS
11.6.2 PA
11.6.3 PC
11.6.4 PPS
11.6.5 Fluoropolymer)
11.6.6 Elastomers (Synthetic Rubber
11.6.7 Natural Rubber
11.6.8 Fluoroelastomer)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Vehicle Polymers Market Size Forecast by Applications
11.10.1 Passenger Electric Vehicle
11.10.2 Commercial Electric Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Vehicle Polymers Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Vehicle Polymers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Vehicle Polymers Market Size Forecast by Type
12.6.1 Engineering Plastics (ABS
12.6.2 PA
12.6.3 PC
12.6.4 PPS
12.6.5 Fluoropolymer)
12.6.6 Elastomers (Synthetic Rubber
12.6.7 Natural Rubber
12.6.8 Fluoroelastomer)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Vehicle Polymers Market Size Forecast by Applications
12.10.1 Passenger Electric Vehicle
12.10.2 Commercial Electric Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Vehicle Polymers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Vehicle Polymers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Vehicle Polymers Market Size Forecast by Type
13.6.1 Engineering Plastics (ABS
13.6.2 PA
13.6.3 PC
13.6.4 PPS
13.6.5 Fluoropolymer)
13.6.6 Elastomers (Synthetic Rubber
13.6.7 Natural Rubber
13.6.8 Fluoroelastomer)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Vehicle Polymers Market Size Forecast by Applications
13.10.1 Passenger Electric Vehicle
13.10.2 Commercial Electric Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Vehicle Polymers Market: Competitive Dashboard
14.2 Global Electric Vehicle Polymers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF (Germany)
14.3.2 DowDuPont (US)
14.3.3 Covestro (Germany)
14.3.4 Celanese (US)
14.3.5 SABIC (Saudi Arabia)
14.3.6 Solvay (Belgium)
14.3.7 LANXESS (Germany)
14.3.8 LG Chem (South Korea)
14.3.9 Asahi Kasei (Japan)
14.3.10 Evonik Industries (Germany)
14.3.11 BASF (Germany)
