Press release
Polyurethane to Polypropylene: Key Resin Segments in North America EV Plastics, Key Plastic Manufacturers-2027
The North America plastics for electric vehicles (EV) market is projected to grow from US$ 213.50 million in 2019 to US$ 904.89 million by 2027, registering an impressive CAGR of 20.0% during the forecast period (2020-2027).🔗 Get a sample PDF of the report: https://www.businessmarketinsights.com/sample/TIPRE00017235?utm_source=OpenPR&utm_medium=10640
Market Overview
As the automotive industry shifts toward sustainability and decarbonization, plastics-especially bio-based materials-are playing an increasingly important role in EV manufacturing. These include polymers such as Polyethylene Terephthalate (PET), bio-based Polyethylene (PE), and thermoplastic co-polyester elastomers (TPC-ET), among others.
EV manufacturers are replacing traditional materials with lightweight, eco-friendly plastics, particularly in non-visible components, to reduce vehicle weight and improve energy efficiency. Bio-based polyesters and polyamides are increasingly preferred due to their performance and lower environmental footprint.
Get Full Report: https://www.businessmarketinsights.com/reports/north-america-plastics-for-electric-vehicle-market
Automotive leaders such as Kia, Toyota, BMW, and Nissan are integrating sustainable plastics into their EV models. For example, Kia Soul EV uses bio-plastics in interior components like carpets, seat trims, and door latches. These industry shifts are significantly driving the growth of the North American plastics for EV market.
Impact of COVID-19
The COVID-19 pandemic caused significant disruptions to supply chains, manufacturing operations, and R&D efforts across North America. With the U.S. being the most affected, the chemical and materials industry faced a temporary slowdown. However, post-pandemic recovery and renewed focus on sustainability have accelerated the adoption of bio-based plastics in EV production.
The Role of Plastics in EV Innovation
Plastics serve as essential conductive and insulating materials in EV systems. Thermoplastics offer key advantages such as:
Lightweight structure that extends EV driving range
High thermal resistance, ideal for battery casings and cooling systems
Versatility in design, enabling precise engineering through injection molding
Cost-effectiveness compared to traditional metal components
This makes them a compelling choice for automakers seeking both performance and sustainability.
Market Segmentation
By Plastic Type:
Acrylonitrile Butadiene Styrene (ABS)
Polyamide (PA)
Polycarbonate (PC)
Polyvinyl Butyral
Polyurethane (PU)
Polypropylene (PP)
Others
By Component:
Dashboard
Seats
Interior Trim
Car Upholstery
Bumper
Others
By Vehicle Type:
Battery Electric Vehicles (BEV)
Plug-in Hybrid and Hybrid Electric Vehicles (PHEV/HEV)
By Application:
Powertrain System / Under Bonnet
Exterior
Interior
Lighting and Electric Wiring
By Country:
United States
Canada
Mexico
Leading Market Players
Key companies contributing to the market's growth include:
BASF SE
Solvay SA
DuPont de Nemours, Inc.
The Dow Chemical Company
LG Chem Ltd
Lanxess AG
SABIC
Covestro AG
Asahi Kasei Corporation
LyondellBasell Industries Holdings B.V.
These firms are focusing on product innovation, strategic partnerships, and sustainability-driven R&D to meet the evolving demands of the electric vehicle sector.
Strategic Insights
Strategic insights into the North American plastics for EV market offer a comprehensive view of market trends, competitive dynamics, and future opportunities. Key recommendations include:
Identifying high-growth segments such as bio-based thermoplastics and interior applications
Adopting green materials to align with evolving consumer and regulatory expectations
Leveraging data-driven forecasts to plan production and resource allocation
For manufacturers, suppliers, and investors, these insights are critical to anticipating technological advancements and achieving long-term competitive advantage.
Regional Insights
Understanding regional variations across the U.S., Canada, and Mexico is essential for effective market penetration. These insights help businesses:
Adapt to diverse consumer preferences and sustainability goals
Navigate regulatory landscapes
Identify underserved or emerging markets within the region
A focused approach allows for better resource allocation, targeted marketing, and stronger positioning in this rapidly evolving industry.
Contact Us:
If you have any queries about this report or if you would like further information, please
Contact Person: Ankit Mathur
Phone: +16467917070
Email: sales@businessmarketinsights.com
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Polyurethane to Polypropylene: Key Resin Segments in North America EV Plastics, Key Plastic Manufacturers-2027 here
News-ID: 4116797 • Views: …
More Releases from Business Market Insights
3D Printed Drugs Market Outlook 2022-2033: Personalized Medicine Revolutionizes …
The 3D Printed Drugs Market is rapidly reshaping the way medications are developed, manufactured, and delivered, offering transformative solutions for personalized therapies, on-demand production, and advanced treatment models. As healthcare systems worldwide strive for patient-centric care, cost efficiencies, and rapid drug development, 3D printing technology stands at the forefront of pharma innovation.
With intensifying demand for customized drug dosages, decentralized manufacturing, and cutting-edge technologies like inkjet printing and AI-driven design, the…
Switchgear Market Outlook 2022-2033: Infrastructure Modernisation & Clean Energy …
The switchgear market continues to evolve as a cornerstone of modern electrical infrastructure, fueling the global transition toward smart energy systems and resilient power networks. With rising electrification across emerging economies, grid modernisation strategies, and heightened demand for reliable distribution systems, the switchgear market is poised for strong expansion through 2033.
Recent industry insights highlight how policy initiatives, digital transformation in power utilities, and trends in eco-efficient technology adoption are reshaping…
Wireless Display Market to Reach US$ 15.64 Billion by 2033, Registering 9.90% CA …
The Wireless Display Market is experiencing significant growth as consumers and enterprises increasingly shift toward seamless, cable-free content sharing solutions. Wireless display technology enables users to stream audio and video content from smartphones, tablets, laptops, and other smart devices directly to display screens without physical connections, improving convenience, flexibility, and collaboration. As digital transformation accelerates across industries and households, wireless display solutions are becoming a core component of modern connected…
Global Self Injection Device Market to Reach US$ 35.85 Billion by 2033, Growing …
The self-injection device market is transforming chronic disease management by empowering patients with convenient, home-based administration options for therapies like insulin, biologics, and hormones. Recent FDA approvals and strategic acquisitions highlight a sector focused on usability, safety, and technological integration.
The self injection device market size is expected to reach US$ 35.85 billion by 2033 from US$ 15.81 billion in 2025. The market is estimated to record a CAGR of 10.78%…
More Releases for North
Man and Van North London: Your Go-To Moving Solution in North London
North London, London - June 23, 2025 - Looking for a stress-free and efficient moving experience in North London? Look no further than Man and Van North London, the trusted, reliable moving service that's changing the way people approach relocation. Based in the heart of North London at 2 Abbotsbury, the team at Man and Van North London provides affordable, hassle-free moving services designed to fit every need.
Whether you're moving…
North America Biosimulation Market
The global biosimulation market is experiencing rapid expansion, driven by advancements in technology and the increasing demand for computational tools that can accelerate drug discovery, clinical trials, and regulatory processes. As of 2023, the market was valued at USD 3.5 billion and is projected to reach USD 14.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 16.90% from 2024 to 2032.
Biosimulation, which involves the use of…
Entirewire Electrician North Canton Offers Top-Tier Electrical Services for Nort …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726505467.png
Entirewire Electrician North Canton provides high-quality electrical services to residential and commercial clients in North Canton, OH. Specializing in electrical panel replacement, repairs, and installations, their team of certified electricians ensures safe, reliable, and efficient solutions, making them a trusted choice for all electrical needs in the local community.
North Canton, OH - Entirewire Electrician North Canton continues to provide exceptional electrical services for residents and businesses in the…
Web Design North: Providing Exceptional Graphic Design Services in North Bay
Web Design North, a leading digital marketing and SEO agency, provides peerless graphic design services in North Bay.
Specific and highly effective digital solutions can help solve the challenges businesses encounter in reaching their target audience. With the combination of these solutions and the expertise of digital professionals, business owners can rest assured that they will make more progress and thrive among their competitors. Web Design North is a dedicated marketing…
Web Design North Offers Digital Marketing Services in North Bay, Canada
Web Design North is a reputable company that provides digital marketing solutions and website development services in Canada.
Web Design North is excited to debut its updated website, showcasing a more modern and user-friendly design. The new site features easy navigation, allowing potential clients to easily browse and learn about the company's services and view their impressive portfolio of work. As a leading web design company, Web Design North understands the…
Web Design North Now Offers North Bay Website Designing Services
Web Design North has successfully worked with businesses of all sizes across North America and internationally.
Web Design North, a leading digital marketing agency in Canada, is proud to announce its expertise in web designing and SEO marketing for businesses in various industries across the country. With a team of experienced professionals, Web Design North has helped numerous clients establish a strong online presence and drive significant traffic to their websites.…
