Press release
"Lightweighting" to Provide Global Electric Vehicle Plastic Market Growth Prospects
ELECTRIC VEHICLE PLASTIC MARKET
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.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/electric-vehicle-plastic-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
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.
The United States electric vehicle plastic market is projected to record a CAGR of 28.69% during the forecast period, 2022-2028, and is expected to garner a revenue of $1916.84 million by 2028.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/united-states-electric-vehicle-plastic-market/
Global Electric Vehicle Plastic Market Scenario
Vehicle electrification and weight reduction have been driven by stricter restrictions and growing environmental concerns. Massive potential opportunities exist for the worldwide electric vehicle plastic market as a result of these developments. The main nations with the greatest potential for growth include the United States, Germany, the United Kingdom, India, China, and so forth.
"Lightweighting" refers to utilizing lighter materials in place of heavier ones, improving a part or system's design, or using less material overall. This makes it possible for cars to lose weight without sacrificing their essential capabilities. This preserves the primary functional requirements while also enabling cost savings for producers and customers.
In order to satisfy regulations pertaining to environmental safety and fuel economy, automakers are progressively integrating electric vehicles and subsequently "lightweighting" them. Therefore, since plastic and injection-molded components weigh less than their metal equivalents, the electric car industry is expected to profit. Consequently, the expansion of the worldwide electric vehicle plastic market is driven by the rising priority given to lightweighting electric vehicles. However, recycling concerns are impeding the market's expansion.
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
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