Global Electric Vehicle Plastics Market Report 2022-2028 - Increasing Significance of High-Performance Plastic to Assure Safety and Security - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Electric Vehicle Plastics Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Global electric vehicle plastics market is likely to exhibit growth at a CAGR of 30.48% in the projected phase 2022-2028.

The rising significance of high-performance plastic to ensure passenger safety and security is the primary driving force of the market. Moreover, the growing emphasis on electric vehicle lightweighting is also adding to the market's growth.

On the other hand, the slow rate of adoption of electric vehicles is anticipated to dampen the demand for EV plastics, thereby hampering the market's growth. In addition, recycling issues associated with electric vehicle plastics are also another challenge in the path of market growth.

However, the growing popularity of the concept of micromobility, especially after the COVID-19 pandemic, is creating lucrative growth opportunities for the market. Also, the rise in spending on EVs by the government as well as consumers, along with the stringent emission standards to encourage electrification, are expected to aid the market reach the projected growth.

Regional Outlook

The market in the Asia-Pacific is expected to showcase the fastest growth in the years to come. The major factors contributing to the growth of the market in the region include the growth of the electric vehicle industry and the rising demand for plastic parts & accessories in EVs.

According to the International Energy Agency (IEA), the deployment of electric cars has been rising rapidly over the past few years. Further, a rise in the demand for light vehicles as they reduce fuel consumption is another factor that provides a significant opportunity for market growth in the APAC.

Competitive Outlook

The top players profiled in the report on the electric vehicle plastics market include

• Dupont
• Dow Chemical Company
• Evonik Industries
• Ineos Capital Ltd
• Basf Se
• Plastic Omnium
• Mitsui Chemicals
• Covestro AG
• Asahi Kasei Corp.
• Lanxess Corporation
• Lyondellbasell Industries Nv
• Sumimoto Chemical Co Ltd
• Momentive Performance Materials
• Hanwha Azdel Inc

Key Topics Covered:

1. Global Electric Vehicle Plastics Market - Summary

2. Industry Outlook

2.1. Impact of Covid-19 on the Electric Vehicle Plastic Industry

2.2. Evolution & Transition of Electric Vehicle Plastic

2.3. Key Insights

2.3.1. Usage of Anti-Microbial Plastics/Additives in Electric Vehicles

2.3.2. Use of Bioplastic in Electric Vehicles

2.3.3. Increase in Electric Bus & Heavy-Duty Truck (Hdt) Registration in 2020

2.4. Porter's Five Forces Analysis

2.5. Key Impact Analysis

2.5.1. Superior Technology

2.5.2. Application

2.5.3. Efficiency

2.5.4. Cost- Effectiveness

2.6. Market Attractiveness Index

2.7. Vendor Scorecard

2.8. Industry Components

2.9. Regulatory Framework

2.10. Key Market Strategies

2.10.1. Acquisition

2.10.2. Product Developments

2.10.3. Business Expansions

2.11. Market Drivers

2.11.1. Increasing Significance of High-Performance Plastic to Assure Safety and Security

2.11.2. Emphasis on Electric Vehicle Lightweighting

2.12. Market Challenges

2.12.1. Slow Adoption of Electric Vehicles

2.12.2. Electric Vehicle Plastic Recycling Issues

2.13. Market Opportunities

2.13.1. Enhanced Popularity of Electric Micromobility Due to the Pandemic

2.13.2. Spending on Electric Vehicles by Both Consumers & Government on the Rise

2.13.3. Stringent Emission Standards to Drive Electrification

3. Global Electric Vehicle Plastics Market Outlook - by Electric Vehicle Type

3.1. Bev

3.2. Hev/Phev

4. Global Electric Vehicle Plastics Market Outlook - by Component

4.1. Powertrain

4.2. External

4.3. Internal

5. Global Electric Vehicle Plastics Market Outlook - by Plastic Type

5.1. Polyurethane (Pu)

5.2. Polyamide (Pa)

5.3. Acrylonitrile Butadiene Styrene (Abs)

5.4. Polypropylene (Pp)

5.5. Polycarbonate (Pc)

5.6. Other Electric Vehicle Plastic Types

6. Global Electric Vehicle Plastics Market - Regional Outlook

7. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/spsopa