Electric Vehicle Plastics Market Top key Players - Delphi Automotive, Continental AG, Magna International, Aisin Seiki, Hyundai Mobis Solutions, Eaton Corporation PLC, Punch Powertrain, Denso Technologies, BASF SE, Solvay, Asahi Kasei, Covestro, Dow Techn

Electric Vehicle Plastics Market focuses on better goal approaches that constantly analyze and improve weight reduction and mechanical efficiency from different perspectives within electric vehicles across different specifications.
From the beginning, plastic materials have been used to replace rare and non-renewable resources such as turtle shells, ivory and animal bones. Plastics then transform the planet to provide the safety, hygiene, comfort and health of our civilization.

Efficient plastics for today's resources can be found in an almost infinite number of products and applications, which can save energy, CO2 emissions, water and even food. It contributes to circulation, health and safety, and mitigation of climate change. Without a doubt, plastics have affected our lives and are likely to continue.

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GLOBAL ELECTRIC VEHICLE PLASTICS MARKET DEVELOPMENTS AND INNOVATIONS

• ZUV Electric involved in first of its kind 3D printed plastic based tricycle manufacturing

• Fisker Inc. has made its paving way into the EV plastics integration into interiors of EVs

• Solvay has recently launched the technologically advanced plastics into varied levels of EV Integrations

GLOBAL ELECTRIC VEHICLE PLASTICS MARKET DYNAMICS

• The recent increase in plastic use has been driven by trends in fuel efficiency, resulting in lower greenhouse gas emissions. By high absorption of plastics, vehicles can meet more stringent safety requirements and the use of engineering plastics reduces most of the parts used in automobiles, providing design flexibility.

• When analyzing the demand for polymers related to the forecast of automobiles, the emergence and rapid expansion of electric road cars are important items to be addressed. Although the global total of electric vehicles (EVs) is still modest, the vehicle electronics of vehicles are gaining great traction in recent years.

• The recent increase in the use of plastics such as polypropylene (PP) and polyurethane (PU) is somewhat offset by a decrease in consumption of engineering plastics, with PP and PU accounting for nearly half of the total consumption of plastics in automobiles.

GLOBAL ELECTRIC VEHICLE PLASTICS MARKET SEGMENTATION

The Global Electric Vehicle Plastics Market can be segmented into following categories for further analysis.

By EV Classification
• BEV
• HEV
• FCEV

By Product Type
• Polypropylene – PP
• Polyurethane – PU
• Polyamide – PA
• Polyvinyl Chloride – PVC
• Acrylonitrile Butadiene Styrene – ABS
• Polycarbonate – PC
• Polyethylene – PE

By Vehicular Application / Integration Type
• Vehicular Interiors
• Vehicular Exteriors
• Vehicular Internal Components
• Vehicular External Components – Small and Important

By Vehicle Class / Type
• Light Motor Vehicle
• Heavy Commercial Vehicle
• Light Commercial Vehicle
• Electric Vehicle

By Internal Placement Area
• Body Structuring
• PowerTrain / Drivetrain
• Suspension
• Internal Component parts
• External Feature Parts
• Sensor Systems
• Chassis Structure
• Engine Systems

By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region

COMPETITIVE LANDSCAPE

The location of plastics is more important than ever in the field of automotive design and manufacturing. Due to strict laws and changing consumer habits, the demand for cheaper, lighter and more fuel efficient vehicles is increasing. Fuel efficiency has become one of the most important functions in the design of electric vehicles due to rising fuel prices and tightening environmental regulations.

COMPANIES PROFILED
• Delphi Automotive
• Continental AG
• Magna International
• Aisin Seiki
• Hyundai Mobis Solutions
• Eaton Corporation PLC
• Punch Powertrain
• Denso Technologies
• BASF SE
• DuPont de Nemours Inc.
• Solvay
• Asahi Kasei
• Covestro
• Dow Technologies

Read More Information: https://mobilityforesights.com/product/electric-vehicle-plastics-market/

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This release was published on openPR.