Electric vehicle polymers are the polymers that are used in electric cars to reduce their weight without affecting the efficiency of the car. Polymers are the only materials that can replace metals as they have similar properties to those of metals, such as flame retardancy, abrasion resistance, stiffness, toughness, electrical insulation, and heat resistance. Replacing metals with the polymers is a key solution for the electric car manufacturers to reduce the overall weight of the electric cars.
This report contains market size and forecasts of Electric Vehicle Polymers in global, including the following market information:
Global Electric Vehicle Polymers Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electric Vehicle Polymers Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Electric Vehicle Polymers companies in 2021 (%)
The global Electric Vehicle Polymers market was valued at 11470 million in 2021 and is projected to reach US$ 111890 million by 2028, at a CAGR of 38.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Engineering Plastics (ABS, PA, PC, PPS, Fluoropolymer) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Vehicle Polymers include BASF (Germany), DowDuPont (US), Covestro (Germany), Celanese (US), SABIC (Saudi Arabia), Solvay (Belgium), LANXESS (Germany), LG Chem (South Korea) and Asahi Kasei (Japan), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Vehicle Polymers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Vehicle Polymers Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electric Vehicle Polymers Market Segment Percentages, by Type, 2021 (%)
Engineering Plastics (ABS, PA, PC, PPS, Fluoropolymer)
Elastomers (Synthetic Rubber, Natural Rubber, Fluoroelastomer)
Global Electric Vehicle Polymers Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electric Vehicle Polymers Market Segment Percentages, by Application, 2021 (%)
Passenger Electric Vehicle
Commercial Electric Vehicle
Global Electric Vehicle Polymers Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Electric Vehicle Polymers Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Vehicle Polymers revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electric Vehicle Polymers revenues share in global market, 2021 (%)
Key companies Electric Vehicle Polymers sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Electric Vehicle Polymers sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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)
Mitsui Chemicals(Japan)