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'Lightweighting' to enable Growth Opportunities for Global Electric Vehicle Plastic Market

06-28-2023 12:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Inkwood Research

Electric Vehicle Plastic Market

Electric Vehicle Plastic Market

According to Inkwood Research's latest report, the Global Electric Vehicle Plastic Market is expected to register a 28.72% CAGR and generate $15645.98 million by 2030.

Electric Vehicle Plastic Market - https://inkwoodresearch.com/reports/electric-vehicle-plastic-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR

Browse 47 market data Tables and 46 Figures spread over 220 Pages, along with an in-depth analysis of the Global Electric Vehicle Plastic Market by Vehicle, Application, Plastic, & by Geography.

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for existing players, new entrants, and future investors. The study presents a detailed market analysis with inputs from industry professionals across the value chain.

Global Electric Vehicle Plastic Market Scenario

The increasing environmental concerns and stringent regulations have encouraged electrification and weight reduction in vehicles.

Such developments offer immense growth opportunities for the global electric vehicle plastic market. The United States, Germany, the United Kingdom, India, China, etc., are among the major countries with huge growth potential.

'Lightweighting' is the swapping of conventionally-used materials for lighter materials, optimizing the design of a part or system, or reducing the actual amount of material used. This enables weight reduction in automobiles while maintaining their core functions. This further facilitates cost-savings for consumers and manufacturers alongside sustaining main functional requirements.

Automakers are increasingly incorporating electric vehicles and the subsequent 'lightweighting' to meet fuel efficiency and environmental safety standards. As a result, the electric vehicle industry is projected to benefit since plastic and injection molded components weigh less than their metal counterparts. Therefore, the increasing prioritization of electric vehicle lightweighting drives the global electric vehicle plastic market growth. However, the market growth is hindered by recycling issues.

The Global Electric Vehicle Plastic Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Electric Vehicle Plastic Market by Vehicle, Application, Plastic, & by Geography: https://inkwoodresearch.com/reports/electric-vehicle-plastic-market/#request-free-sample

Market Segmentation

Market by Plastic
• Polyamide (PA)
• Polypropylene (PP)
• Polycarbonate (PC)
• Acrylonitrile Butadiene Styrene (abs)
• Polyurethane (PU)
• Other Plastics

Market by Vehicle
• BEV
• PHEV/HEV

Market by Application
• Internal
• Powertrain
• External

Report Highlights

- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Companies Profiled

• HANWHA AZDEL INC
• DOW INC
• BASF GROUP
• COVESTRO AG
• PLASTIC OMNIUM
• MITSUI CHEMICAL
• INEOS CAPITAL LTD
• EVONIK INDUSTRIES
• MOMENTIVE PERFORMANCE MATERIALS
• SUMITOMO CHEMICAL CO LTD
• DUPONT
• ASAHI KASEI CORPORATION
• LYONDELLBASELL INDUSTRIES NV
• LANXESS AG

Related Reports

GLOBAL ELECTRIC VEHICLE POLYMER MARKET - https://inkwoodresearch.com/reports/electric-vehicle-polymer-market/

The global electric vehicle polymer market is expected to register a CAGR of 34.98% during the forecast period, 2020-2028.

GLOBAL AUTOMOTIVE CHASSIS SYSTEM MARKET - https://inkwoodresearch.com/reports/automotive-chassis-systems-market/

The global automotive chassis system market is set to project a CAGR of 4.60% during 2019-2027.

GLOBAL ELECTRIC MOTOR MARKET - https://inkwoodresearch.com/reports/electric-motor-market/

The global electric motor market is estimated to register a CAGR of 7.07% in terms of volume and 6.08% in terms of revenue during the forecast period, 2019-2027.

Contact Us:

Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.

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