MARKET INTRODUCTION

The increasing replacement of metals with plastics in the vehicle interior is significantly contributing to the growth of the electric vehicle plastics market. Further, the stringent emission regulation and favorable government policies towards adoption of electric vehicles are the major factors driving the demand for electric vehicles and thereby bolstering the demand of the electric vehicle plastics market. Increasing demand for plastics in the vehicle owing to its light-weight characteristics, performance competency, which also boost the growth of the electric vehicle plastics market.

MARKET DYNAMICS

The rising demand for weight reduction in vehicles and the growing demand for thermally stable plastic is anticipated to fuel the demand for the electric vehicle plastics market. Moreover, the increasing acceptance of electric vehicles across the globe and growing environmental awareness and rising investments made by OEMs to develop efficient EV have resulted in a growing demand for efficient and light-weight material in the vehicle. This factor is expected to influence the growth of the electric vehicle plastics market in the coming years.

MARKET SCOPE

The "Global Electric Vehicle Plastics Market Analysis to 2027"? is a specialized and in-depth study of the electric vehicle plastics industry with a special focus on the global market trend analysis. The report aims to provide an overview electric vehicle plastics market with detailed market segmentation as plastic type, application, vehicle type, and geography. The global electric vehicle plastics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric vehicle plastics market players and offers key trends and opportunities in the electric vehicle plastics market.

MARKET SEGMENTATION

The global electric vehicle plastics market is segmented on the basis of plastic type, application, vehicle type. On the basis of plastic type the market is segmented as acrylonitrile butadiene styrene (ABS), polypropylene (PP), polyvinyl chloride (PVC), polyethylene (PE), polycarbonate (PC), polyamide (PA), polybutylene terephthalate (PBT), polyurethane (PU), polyoxymethylene (POM), others. On the basis of application the market is segmented as exterior, interior, powertrain system/under bonnet, lighting and electric wiring. On the basis of vehicle type the market is segmented as battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), hybrid electric vehicles (HEV).

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric vehicle plastics market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric vehicle plastics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting electric vehicle plastics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric vehicle plastics market in these regions.

MARKET PLAYERS

The reports cover key developments in the electric vehicle plastics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Electric vehicle plastics market are anticipated to lucrative growth opportunities in the future with the rising demand for electric vehicle plastics in the global market. Below mentioned is the list of few companies engaged in the electric vehicle plastics market.

The report also includes the profiles of key electric vehicle plastics companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Asahi Kasei Corporation
- BASF SE
- Covestro AG
- Dow Chemical Company
- DuPont de Nemours, Inc.
- LANXESS
- LyondellBasell Industries Holdings B.V.
- Mitsui Chemicals, Inc.
- SABIC
- Solvay