Electric Vehicle Plastics - Global Market Outlook (2016-2022)

Electric Vehicle Plastics - Global Market Outlook (2016-2022)

  • Published: December 2016
  • ID: SMRC16134

“According to Stratistics MRC, the Global Electric Vehicle Plastics Market is accounted for $0.36 billion in 2015 and is expected to reach $1.75 billion by 2022 growing at a CAGR of 25.3% during the forecast period”. Use of high grade plastics, bio-based plastics, strict emission regulations leading to lightweighting of vehicle and favourable government policies for alternate fuel vehicles are some of the key factors fueling the market. However, plastics decomposition and expensive batteries used in alternate fuel vehicles are some factors hampering the market growth.

Globally in terms of value, plastics used for interior applications acquired the fastest growing segment. The interior application of a passenger car includes the dashboard, seats, interior trim, and car upholstery. Plastics in the interior of a car allow designers to have improved flexibility in styling, manufacturing, and assembling automotive components with reduced costs. Asia-Pacific is anticipated to dominate the electric vehicle plastics market, and is projected to grow at the highest CAGR. Considerable efforts made by china to become a leader in the electric vehicle market and in addition to make the country a hub for electric vehicle manufacturing.

Some of the key players in Electric Vehicle Plastics market include Albemarle Corporation, Amfine Chemical Corporation, Akzo Nobel N.V., BASF SE, Chemtura Corporation, Croda International PLC, The DOW Chemical Company, E. I. du Pont de Nemours and Company, Eastman Chemical Company, Exxon Mobil Corp., Evonik Industries AG, Lyondellbasell Industries Holdings B.V., INEOS CAPITAL LIMITED, Rhein- Chemie Rheinau GmbH, Plastic Omnium, PMC Global, Inc and Saudi Basic Industries Corporation (Sabic).

Materials Covered:
• Polyvinyl Chloride (PVC)
• Polyamide (PA)
• Polypropylene (PP)
• Polyurethanes (PU)
• Polyethylene (PE)
• Polycarbonate (PC)
• Acrylonitrile- Butadiene-Styrene (ABS)
• Polyvinyl Butyral (PVB)
• Other Materials

Applications Covered:
• Lighting & Electric Wiring
• Interior
• Under the hood
• Exterior

Vehicle Types Covered:
• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
• Battery Electric Vehicle (BEV)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain     
o Rest of Europe 
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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