Global Polymers in Electric Vehicles Market - 2023-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,350	183 Pages	DataM Intelligence 4Market Research LLP	May, 2023	DTAM17899745

Best Price Guarantee
Price	from $4,350
Length	183 Pages
Publisher	DataM Intelligence 4Market Research LLP
Published Date	May, 2023
SKU	DTAM17899745

Global Polymers in Electric Vehicles Market - 2023-2030

Market Overview

The global polymers in electric vehicles market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 69.5% during the forecast period (2023-2030).

In the electric vehicle industry, polymers are essential, particularly for interiors, because of the regulations, standards, and performance criteria. Weight reduction and increased efficiency are necessary for electric vehicles, and the development of newer, lighter-weight vehicles is driving the use of polymers. The higher the efficiency expected, the lighter the weight of the vehicle should be, making polymers a crucial component.

Market Dynamics

The growing adoption of PU in the EV market

Polyurethane is a strong, lightweight, and durable material that can be used to make various components in EVs such as battery packs, structural parts, and insulation materials. It makes it an ideal material for use in the design and production of EV parts. Moreover, PU is a good insulator, which helps to reduce the heat loss in the battery pack and improve the overall performance of the EV. Therefore, it improves the vehicle's energy efficiency, which is an important factor for consumers in the EV market. Thus, the growing adoption of PU in the EV market owing to its exclusive properties is driving the growth of global polymers in the EV market.

The high cost of polymers in electric vehicles

The high cost of polymers in electric vehicles (EVs) is a significant factor restraining the market growth. The high cost of producing materials, such as polyurethane and polypropylene, makes it difficult for manufacturers to produce them at a competitive price point. In turn, it makes it difficult for manufacturers to produce EVs at a competitive price point, limiting consumer adoption of these vehicles. Therefore, the respective factor restricts the market growth.

COVID-19 Impact Analysis

The COVID-19 analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with pricing dynamics (including pricing change during and post-pandemic comparing it with pre-COVID scenarios), demand-supply spectrum (shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), government initiatives (initiatives to revive market, sector or industry by government bodies) and manufacturers strategic initiatives (what manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global polymers in electric vehicles market is segmented based on type, application, end-user and region.

The rising demand for battery electric vehicles ( BEVs)

Battery electric vehicles segment is the largest end-user of global polymers in the electric vehicles market due to their growing popularity and demand. BEVs heavily rely on polymers for several aspects, including battery packs, structural pieces, and insulation materials. Therefore, battery electric vehicles (BEVs) are the key factor driving the growth of the global polymers market for electric vehicles.

Geographical Analysis

The rising regional popularity of electric vehicles

Asia-Pacific has a leading regional share in the global polymers in the electric vehicles market, owing to the rising regional popularity of electric vehicles. The market share is the highest due to the region's significant emerging markets, including China, India, Japan, and South Korea. Due to the country's increasing manufacturing of electric vehicles, China is the world's biggest consumer of polymers for these vehicles. Recently, the Chinese government engorged the adoption of electric vehicles in their own countries. The Indian government created a plan for India Net Zero Emission 2070, making India the largest electric vehicle consumer in the upcoming years.

Competitive Landscape

The major global players include BASF SE, Celanese Corporation, Covestro AG, DuPont de Nemours, Inc., Evonik Industries AG, Asahi Kasei Corporation, Kumho Polychem, Lanxess AG, Saudi Basic Industries Corporation, and Solvay.

Why Purchase the Report?
• To visualize the global polymers in electric vehicles market segmentation based on type, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of polymers in electric vehicles market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global polymers in electric vehicles market report would provide approximately 61 tables, 62 figures and 183 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

1. Methodology and Scope: 1.1. Research Methodology; 1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary: 3.1. Snippet by Type; 3.2. Snippet by Application; 3.3. Snippet by End-User; 3.4. Snippet by Region
4. Dynamics: 4.1. Impacting Factors; 4.1.1. Drivers; 4.1.1.1. The growing adoption of PU in the EV market; 4.1.2. Restraints; 4.1.2.1. The high cost of polymers in electric vehicles; 4.1.3. Opportunity; 4.1.4. Impact Analysis
5. Industry Analysis: 5.1. Porter's Five Forces Analysis; 5.2. Supply Chain Analysis; 5.3. Pricing Analysis; 5.4. Regulatory Analysis
6. COVID-19 Analysis: 6.1. Analysis of COVID-19; 6.1.1. Before COVID-19 Scenario; 6.1.2. Present COVID-19 Scenario; 6.1.3. Post COVID-19 or Future Scenario; 6.2. Pricing Dynamics Amid COVID-19; 6.3. Demand-Supply Spectrum; 6.4. Government Initiatives Related to the Market During Pandemic; 6.5. Manufacturers Strategic Initiatives; 6.6. Conclusion
7. By Type: 7.1. Introduction; 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 7.1.2. Market Attractiveness Index, By Type; 7.2. Polyurethane*; 7.2.1. Introduction; 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 7.3. Polypropylene; 7.4. Polycarbonate; 7.5. Polyethylene; 7.6. ABS; 7.7. PVC; 7.8. Others
8. By Application: 8.1. Introduction; 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 8.1.2. Market Attractiveness Index, By Application; 8.2. Interior*; 8.2.1. Introduction; 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 8.3. Exterior
9. By End-User: 9.1. Introduction; 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User; 9.1.2. Market Attractiveness Index, By End-User; 9.2. Industrial*; 9.2.1. Introduction; 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 9.3. Battery Electric Vehicles (BEV); 9.4. Hybrid Electric Vehicles (HEV); 9.5. Plug-in Hybrid Electric Vehicles (PHEV); 9.6. Others
10. By Region: 10.1. Introduction; 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region; 10.1.2. Market Attractiveness Index, By Region; 10.2. North America; 10.2.1. Introduction; 10.2.2. Key Region-Specific Dynamics; 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User; 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 10.2.6.1. The U.S.; 10.2.6.2. Canada; 10.2.6.3. Mexico; 10.3. Europe; 10.3.1. Introduction; 10.3.2. Key Region-Specific Dynamics; 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 10.3.5.1. Germany; 10.3.5.2. The U.K.; 10.3.5.3. France; 10.3.5.4. Italy; 10.3.5.5. Russia; 10.3.5.6. Rest of Europe; 10.4. South America; 10.4.1. Introduction; 10.4.2. Key Region-Specific Dynamics; 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 10.4.5.1. Brazil; 10.4.5.2. Argentina; 10.4.5.3. Rest of South America; 10.5. Asia-Pacific; 10.5.1. Introduction; 10.5.2. Key Region-Specific Dynamics; 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User; 10.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 10.5.6.1. China; 10.5.6.2. India; 10.5.6.3. Japan; 10.5.6.4. Australia; 10.5.6.5. Rest of Asia-Pacific; 10.6. Middle East and Africa; 10.6.1. Introduction; 10.6.2. Key Region-Specific Dynamics; 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type; 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
11. Competitive Landscape: 11.1. Competitive Scenario; 11.2. Market Positioning/Share Analysis; 11.3. Mergers and Acquisitions Analysis
12. Company Profiles: 12.1. BASF SE*; 12.1.1. Company Overview; 12.1.2. Product Portfolio and Description; 12.1.3. Financial Overview; 12.1.4. Key Developments; 12.2. Celanese Corporation; 12.3. Covestro AG; 12.4. DuPont de Nemours, Inc.; 12.5. Evonik Industries AG.; 12.6. Asahi Kasei Corporation; 12.7. Kumho Polychem; 12.8. Lanxess AG.; 12.9. Saudi Basic Industries Corporation; 12.10. Solvay; LIST NOT EXHAUSTIVE
13. Appendix: 13.1. About Us and Services; 13.2. Contact Us