Press release
Electric Vehicle Polymers Market to Reach USD 280.2 Billion by 2030, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more. The report scope covers detailed market sizing, trend analysis, and growth drivers across polymer types and component applications. It examines segmentation by type, component, and region, enabling OEMs, suppliers, and investors to identify strategic opportunities and make informed decisions.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/1089/electric-vehicle-(car)-polymers-market.html#form
MARKET STATISTICS
• Market size (2024): USD 32.8 billion
• Forecast value (2030): USD 280.2 billion
• CAGR (2025-2030): 42.3 %
• Forecast period: 2025-2030
• Base year: 2024
• Total number of segments: 3
• Tables & figures: 100+
• Country-Level Market Assessment: 20
MARKET SEGMENTATION
By Type
• Engineering Plastics
• Elastomers
By Component Type
• Powertrain System
• Exterior
• Interior
By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
SEGMENT ANALYSIS
Within the By Type segmentation, Engineering Plastics dominate due to their high strength-to-weight ratio and thermal stability, making them suitable for structural and battery system applications in electric cars; this robustness ensures safety and durability in critical components, enabling OEMs to meet performance and regulatory requirements.
In the By Component Type category, Interior components represent a significant focus area as polymer materials reduce vehicle weight and enhance comfort and aesthetics. Polymers replace heavier metal parts in dashboards, panels, and insulation, lowering production costs and improving EV energy efficiency.
REGIONAL INSIGHTS
Asia-Pacific is the dominant region for the Electric Vehicle Polymers Market. The region's leadership is driven by rapid EV production growth in major economies such as China, Japan, India, and South Korea, supported by government incentives and policies to reduce carbon emissions. Strong manufacturing ecosystems and expanding EV adoption create sustained demand for advanced polymer materials in both component production and vehicle assembly.
MARKET DRIVERS
• Increasing global EV adoption to meet emission reduction targets, driving demand for lightweight polymer materials.
• Government regulations encouraging fuel-efficiency and electrification, prompting OEMs to integrate polymers over metals.
• Expansion of EV charging infrastructure supporting broader EV penetration and polymer usage in vehicle systems.
• Rising consumer preference for energy-efficient and eco-friendly vehicles, elevating the need for advanced polymer solutions.
• Technological advancements in polymer chemistry enhancing high-performance materials for battery and structural applications.
Top Companies in the Market
• BASF SE
• DowDuPont
• Covestro AG
• Celanese Corporation
• SABIC
• Solvay S.A.
• LANXESS AG
• LG Chem Ltd.
• Asahi Kasei Corporation
• Evonik Industries AG
FAQs
1.What is the current size of the Electric Vehicle Polymers Market ?
The market was estimated at USD 32.8 billion in 2024, reflecting extensive use of polymers to reduce vehicle weight and enhance performance in EVs.
2.How fast is the Electric Vehicle Polymers Market expected to grow ?
The market is forecast to grow at a 42.3 % CAGR from 2025 to 2030, driven by EV adoption and material substitution trends.
3.Which region leads the market for EV car polymers ?
Asia-Pacific is expected to dominate due to rapid EV production growth and supportive governmental policies bolstering lightweight material integration.
4.Why are polymers increasingly important in EV manufacturing ?
Polymers reduce overall vehicle weight, improve energy efficiency, and support compliance with emissions regulations, which is critical in EV design strategies.
5.What are the main polymer types used in EVs ?
The key polymer types in the market are Engineering Plastics and Elastomers, chosen for strength, thermal stability, and versatility across EV components.
Related Links:
Security Seals Market:
https://joyrulez.com/blogs/184975/Security-Seals-Market-to-Witness-Growth-Acceleration-During-2021-2026
Guided Bomb Market:
https://bresdel.com/blogs/1233526/Guided-Bomb-Market-Study-Insights-on-Latest-Advancements-Trends-Analysis
Self-Cleaning Glass Market:
https://heyhey.icu/blogs/332745/Self-Cleaning-Glass-Market-Key-Features-Applications-Trends-and-Opportunities
Air Barriers Market:
https://vintfint.com/blogs/125945/Air-Barriers-Market-Trends-Drivers-and-Opportunities
Aircraft Component MRO Market:
https://hallbook.com.br/blogs/820408/Optimizing-Aviation-Aircraft-Component-MRO-Outlook
Chemical Anchor Market:
https://fortunetelleroracle.com/other/rising-construction-demand-fuels-chemical-anchor-market-1212563
Radome Market:
https://fai.informazione.news/E43D86FC-C48D-4557-AC88-FDE9DD8D3EFA/Innovation-Accelerates-Growth-in-Radome-Market
Body Armor Plates Market:
https://www.wowonder.xyz/read-blog/329845
Patient Simulator Market:
https://payrchat.com/blogs/37385/patient-simulator-market-stratview-research
Surgical Simulator Market:
https://ayema.ng/blogs/292476/Surgical-Simulator-Market-Trends-Shaping-the-Future-of-Healthcare-Training
400 Renaissance Center, Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Website: www.stratviewresearch.com
Mail Us: sales@stratviewresearch.com
Press: media@stratviewresearch.com
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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 Electric Vehicle Polymers Market to Reach USD 280.2 Billion by 2030, Says Stratview Research here
News-ID: 4371132 • Views: …
More Releases from Stratview Research
Ceramic Armor Market to Reach USD 3.84 Billion by 2028, Says Stratview Research
The global Ceramic Armor Market is forecast to grow from an estimated USD 2.34 billion in 2022 to USD 3.84 billion by 2028, expanding at a CAGR of 8.53% during the 2023-2028 period. Ceramic armor-high-hardness, lightweight protective material used in body, vehicle, aircraft, and marine armour-is gaining traction primarily due to rising defense and military expenditure worldwide, which structurally increases demand for advanced protective systems from armed forces and law…
Drone Defense System Market to Reach USD 48.58 Billion by 2028, Says Stratview R …
The Drone Defense System Market was valued at USD 2.6 billion in 2022 and is projected to reach USD 48.58 billion by 2028, growing at a CAGR of 62.33% during 2023-2028. The drone defense system market comprises technologies and platforms designed to detect, identify, monitor, and counter drone threats using identification, detection, and countermeasure systems. A core driver of this expansion is the rising global requirement for advanced counter-drone systems,…
3D Sensor Market to Reach USD 19.9 Billion by 2032, Says Stratview Research
The 3D Sensor Market encompasses technologies that capture three-dimensional attributes of objects and environments using methods like structured light, time-of-flight, and stereoscopic vision. The market is forecast to reach USD 19.9 billion by 2032, expanding from an estimated USD 6.0 billion in 2024 at a 16.1 % CAGR over the 2025-2032 period. The primary growth driver is the rapid integration of 3D sensors in consumer electronics, where demand for depth…
Cell-to-Pack Battery Market to Reach USD 69.8 Billion by 2032, Says Stratview Re …
The Cell-to-Pack Battery Market refers to the global industry for advanced battery systems where individual cells are directly integrated into battery packs without intermediate modules. The market is forecast to reach USD 69.8 billion by 2032, expanding at a 16.1% CAGR over the 2025-2032 period. The primary growth driver is the accelerating transition to electric vehicles (EVs), which structurally increases demand for high-energy-density, space-efficient battery architectures that extend vehicle range…
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
