Electric Vehicles Engineering Plastics Market

Electric Vehicles Engineering Plastics Market Size, Share, Growth Analysis, By Resin(Polypropylene (PP), Polyamide (PA), Polycarbonate (PC), Polyethylene (PE)), By Components(Steering & Dashboards, Car Upholstery, Bumper, Door Assembly), By Vehicle Type(Electric Vehicle Battery (EVB), Hybrid Electric Vehicle (HEV)/ Plug-in Hybrid Vehicle (PHEV)), By Geography(North America, Europe, Asia-Pacific, Latin America) - Industry Forecast 2025-2032


Report ID: UCMIG15A2312 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Electric Vehicles Engineering Plastics Market Insights

Market Overview:

In 2021, the global electric vehicles engineering plastics market achieved a significant valuation of USD 12.5 billion, underlining the growing significance of engineering plastics in the electric vehicle (EV) industry. Looking forward, this market is poised for remarkable growth, with projections indicating that it will exceed approximately USD 106.3 billion by 2030. This impressive surge is driven by a substantial compound annual growth rate (CAGR) of 26.85% anticipated during the forecast period from 2022 to 2030.

Electric Vehicles Engineering Plastics Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Electric Vehicles Engineering Plastics was estimated to be valued at US$ XX Mn in 2021.

The Electric Vehicles Engineering Plastics Market is estimated to grow at a CAGR of XX% by 2028.

The Electric Vehicles Engineering Plastics Market is segmented on the basis of Resin, Components, Vehicle Type, Geography.

Based on region, the Electric Vehicles Engineering Plastics Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Electric Vehicles Engineering Plastics Market are , BASF SE, SABIC , LyondellBasell Industries Holdings B.V. , Evonik Industries , Covestro AG , Dupont , Sumitomo Chemicals Co. Ltd. , LG Chem , Asahi Kasei , LANXESS , INEOS Group , Celanese Corp. , AGC Chemicals , EMS Chemie Holding , Mitsubishi Engineering Plastics Corp. .

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Electric Vehicles Engineering Plastics Market

Report ID: UCMIG15A2312

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