GLOBAL ELECTRIC VEHICLE PLASTICS MARKET 2022-2028

 

 

TABLE OF CONTENTS

                   

1.     GLOBAL ELECTRIC VEHICLE PLASTICS MARKET – SUMMARY      

2.     INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE ELECTRIC VEHICLE PLASTIC INDUSTRY

2.2. EVOLUTION & TRANSITION OF ELECTRIC VEHICLE PLASTIC 

2.3. KEY INSIGHTS    

2.3.1.    USAGE OF ANTI-MICROBIAL PLASTICS/ADDITIVES IN ELECTRIC VEHICLES         

2.3.2.    USE OF BIOPLASTIC IN ELECTRIC VEHICLES       

2.3.3.    INCREASE IN ELECTRIC BUS & HEAVY-DUTY TRUCK (HDT) REGISTRATION IN 2020     

2.4. PORTER’S FIVE FORCES ANALYSIS 

2.4.1.    THREAT OF NEW ENTRANTS   

2.4.2.    THREAT OF SUBSTITUTE         

2.4.3.    BARGAINING POWER OF BUYERS     

2.4.4.    BARGAINING POWER OF SUPPLIERS

2.4.5.    THREAT OF COMPETITIVE RIVALRY  

2.5. KEY IMPACT ANALYSIS

2.5.1.    SUPERIOR TECHNOLOGY        

2.5.2.    APPLICATION       

2.5.3.    EFFICIENCY

2.5.4.    COST- EFFECTIVENESS 

2.6. MARKET ATTRACTIVENESS INDEX  

2.7. VENDOR SCORECARD  

2.8. INDUSTRY COMPONENTS      

2.9. REGULATORY FRAMEWORK

2.10. KEY MARKET STRATEGIES  

2.10.1.                    ACQUISITION       

2.10.2.                    PRODUCT DEVELOPMENTS     

2.10.3.                    BUSINESS EXPANSIONS

2.11. MARKET DRIVERS      

2.11.1.                    INCREASING SIGNIFICANCE OF HIGH-PERFORMANCE PLASTIC TO ASSURE SAFETY AND SECURITY         

2.11.2.                    EMPHASIS ON ELECTRIC VEHICLE LIGHTWEIGHTING  

2.12. MARKET CHALLENGES         

2.12.1.                    SLOW ADOPTION OF ELECTRIC VEHICLES 

2.12.2.                    ELECTRIC VEHICLE PLASTIC RECYCLING ISSUES  

2.13. MARKET OPPORTUNITIES    

2.13.1.                    ENHANCED POPULARITY OF ELECTRIC MICROMOBILITY DUE TO THE PANDEMIC

2.13.2.                    SPENDING ON ELECTRIC VEHICLES BY BOTH CONSUMERS & GOVERNMENT ON THE RISE

2.13.3.                    STRINGENT EMISSION STANDARDS TO DRIVE ELECTRIFICATION   

3.     GLOBAL ELECTRIC VEHICLE PLASTICS MARKET OUTLOOK – BY ELECTRIC VEHICLE TYPE   

3.1. BEV 

3.2. HEV/PHEV 

4.     GLOBAL ELECTRIC VEHICLE PLASTICS MARKET OUTLOOK – BY COMPONENT   

4.1. POWERTRAIN     

4.2. EXTERNAL

4.3. INTERNAL 

5.     GLOBAL ELECTRIC VEHICLE PLASTICS MARKET OUTLOOK – BY PLASTIC TYPE 

5.1. POLYURETHANE (PU)   

5.2. POLYAMIDE (PA) 

5.3. ACRYLONITRILE BUTADIENE STYRENE (ABS)     

5.4. POLYPROPYLENE (PP) 

5.5. POLYCARBONATE (PC)

5.6. OTHER ELECTRIC VEHICLE PLASTIC TYPES       

6.     GLOBAL ELECTRIC VEHICLE PLASTICS MARKET – REGIONAL OUTLOOK        

6.1. NORTH AMERICA

6.1.1.    MARKET BY ELECTRIC VEHICLE TYPE        

6.1.2.    MARKET BY COMPONENT       

6.1.3.    MARKET BY PLASTIC TYPE      

6.1.4.    COUNTRY ANALYSIS      

6.1.4.1. UNITED STATES      

6.1.4.2. CANADA        

6.2. EUROPE    

6.2.1.    MARKET BY ELECTRIC VEHICLE TYPE        

6.2.2.    MARKET BY COMPONENT       

6.2.3.    MARKET BY PLASTIC TYPE      

6.2.4.    COUNTRY ANALYSIS      

6.2.4.1. UNITED KINGDOM   

6.2.4.2. GERMANY     

6.2.4.3. FRANCE         

6.2.4.4. ITALY   

6.2.4.5. NORWAY       

6.2.4.6. NETHERLANDS        

6.2.4.7. SPAIN  

6.2.4.8. REST OF EUROPE   

6.3. ASIA-PACIFIC      

6.3.1.    MARKET BY ELECTRIC VEHICLE TYPE        

6.3.2.    MARKET BY COMPONENT       

6.3.3.    MARKET BY PLASTIC TYPE      

6.3.4.    COUNTRY ANALYSIS      

6.3.4.1. CHINA  

6.3.4.2. JAPAN 

6.3.4.3. INDIA   

6.3.4.4. SOUTH KOREA        

6.3.4.5. ASEAN COUNTRIES

6.3.4.6. AUSTRALIA & NEW ZEALAND      

6.3.4.7. REST OF ASIA-PACIFIC     

6.4. LATIN AMERICA  

6.4.1.    MARKET BY ELECTRIC VEHICLE TYPE        

6.4.2.    MARKET BY COMPONENT       

6.4.3.    MARKET BY PLASTIC TYPE      

6.4.4.    COUNTRY ANALYSIS      

6.4.4.1. BRAZIL

6.4.4.2. MEXICO         

6.4.4.3. REST OF LATIN AMERICA 

6.5. MIDDLE EAST AND AFRICA    

6.5.1.    MARKET BY ELECTRIC VEHICLE TYPE        

6.5.2.    MARKET BY COMPONENT       

6.5.3.    MARKET BY PLASTIC TYPE      

6.5.4.    COUNTRY ANALYSIS      

6.5.4.1. UNITED ARAB EMIRATES  

6.5.4.2. SAUDI ARABIA         

6.5.4.3. TURKEY         

6.5.4.4. SOUTH AFRICA       

6.5.4.5. REST OF MIDDLE EAST & AFRICA        

7.     COMPETITIVE LANDSCAPE 

7.1. DUPONT              

7.2. DOW CHEMICAL COMPANY              

7.3. EVONIK INDUSTRIES              

7.4. INEOS CAPITAL LTD     

7.5. BASF SE              

7.6. PLASTIC OMNIUM                   

7.7. MITSUI CHEMICALS                

7.8. COVESTRO AG             

7.9. ASAHI KASEI CORP.     

7.10. LANXESS CORPORATION     

7.11. LYONDELLBASELL INDUSTRIES NV

7.12. SUMIMOTO CHEMICAL CO LTD                

7.13. MOMENTIVE PERFORMANCE MATERIALS

7.14. HANWHA AZDEL INC   

8.     RESEARCH METHODOLOGY & SCOPE   

8.1. RESEARCH SCOPE & DELIVERABLES                  

8.2. SOURCES OF DATA                

8.3. RESEARCH METHODOLOGY            

 

 

TABLE LIST

TABLE 1: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

TABLE 4: LIST OF ACQUISITION

TABLE 5: LIST OF PRODUCT DEVELOPMENTS

TABLE 6: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

TABLE 7: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 8: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 9: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 10: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 11: NORTH AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 12: NORTH AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 13: NORTH AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 14: NORTH AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 15: EUROPE ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 16: EUROPE ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 17: EUROPE ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 18: EUROPE ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 19: ASIA-PACIFIC ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 20: ASIA-PACIFIC ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 21: ASIA-PACIFIC ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 22: ASIA-PACIFIC ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 23: LATIN AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 24: LATIN AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 25: LATIN AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 26: LATIN AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 27: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 28: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 29: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 30: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

 

 

FIGURE LIST

FIGURE 1: PLASTIC USE IN ELECTRIC VEHICLE

FIGURE 2: KEY BUYING IMPACT ANALYSIS

FIGURE 3: MARKET ATTRACTIVENESS INDEX

FIGURE 4: INDUSTRY COMPONENTS

FIGURE 5: RATIO OF PUBLIC CHARGERS PER EV STOCK, BY COUNTRY, 2020

FIGURE 6: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, ELECTRIC VEHICLE TYPE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 7: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY BEV, 2022-2028 (IN $ MILLION)

FIGURE 8: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY HEV/PHEV, 2022-2028 (IN $ MILLION)

FIGURE 9: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)

FIGURE 10: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY POWERTRAIN, 2022-2028 (IN $ MILLION)

FIGURE 11: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY EXTERNAL, 2022-2028 (IN $ MILLION)

FIGURE 12: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY INTERNAL, 2022-2028 (IN $ MILLION)

FIGURE 13: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, PLASTIC TYPE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 14: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY POLYURETHANE, 2022-2028 (IN $ MILLION)

FIGURE 15: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY POLYAMIDE, 2022-2028 (IN $ MILLION)

FIGURE 16: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY ACRYLONITRILE BUTADIENE STYRENE, 2022-2028 (IN $ MILLION)

FIGURE 17: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY POLYPROPYLENE, 2022-2028 (IN $ MILLION)

FIGURE 18: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY POLYCARBONATE, 2022-2028 (IN $ MILLION)

FIGURE 19: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY OTHER ELECTRIC VEHICLE PLASTICS, 2022-2028 (IN $ MILLION)

FIGURE 20: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 21: UNITED STATES ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 22: CANADA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: UNITED KINGDOM ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 24: GERMANY ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: FRANCE ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: ITALY ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: NORWAY ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: NETHERLANDS ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 29: SPAIN ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 30: REST OF EUROPE ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 31: CHINA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 32: JAPAN ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 33: INDIA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 34: SOUTH KOREA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 35: ASEAN COUNTRIES ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 36: AUSTRALIA & NEW ZEALAND ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 37: REST OF ASIA-PACIFIC ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 38: BRAZIL ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 39: MEXICO ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 40: REST OF LATIN AMERICA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 41: UNITED ARAB EMIRATES ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 42: SAUDI ARABIA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 43: TURKEY ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 44: SOUTH AFRICA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 45: REST OF MIDDLE EAST & AFRICA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

 

 

MARKET OUTLOOK

Triton Market Research’s report insinuates that the global electric vehicle plastics market is likely to exhibit growth at a CAGR of 30.48% in the projected phase 2022-2028. 

The rising significance of high-performance plastic to ensure passenger safety and security is the primary driving force of the market. Moreover, the growing emphasis on electric vehicle lightweighting is also adding to the market’s growth.

On the other hand, the slow rate of adoption of electric vehicles is anticipated to dampen the demand for EV plastics, thereby hampering the market’s growth. In addition, recycling issues associated with electric vehicle plastics are also another challenge in the path of market growth.

However, the growing popularity of the concept of micromobility, especially after the COVID-19 pandemic, is creating lucrative growth opportunities for the market. Also, the rise in spending on EVs by the government as well as consumers, along with the stringent emission standards to encourage electrification, are expected to aid the market reach the projected growth.

 

 

REGIONAL OUTLOOK

The global market for electric vehicle plastics covers North America, the Asia-Pacific, Latin America, Europe, and the Middle East and Africa. 

The market in the Asia-Pacific is expected to showcase the fastest growth in the years to come. The major factors contributing to the growth of the market in the region include the growth of the electric vehicle industry and the rising demand for plastic parts & accessories in EVs. According to the International Energy Agency (IEA), the deployment of electric cars has been rising rapidly over the past few years. Further, a rise in the demand for light vehicles as they reduce fuel consumption is another factor that provides a significant opportunity for market growth in the APAC.

 

Get more insights into the Global Electric Vehicle Plastics Market:

 

https://www.tritonmarketresearch.com/reports/electric-vehicle-plastics-market

 

 

COMPETITIVE OUTLOOK

The top players profiled in the report on the electric vehicle plastics market include Sumimoto Chemical Co Ltd, Mitsui Chemicals, Covestro AG, Dow Chemical Company, Ineos Capital Ltd, DuPont, LyondellBasell Industries NV, Asahi Kasei Corp., Plastic Omnium, BASF SE, Momentive Performance Materials, Hanwha Azdel Inc, Lanxess Corporation, and Evonik Industries.

Evonik Industries is a company producing specialty chemicals. It is a leading global name in terms of polymer and plastic manufacturing industries. Evonik Industries operates in 4 segments: Specialty Additives, Performance Materials, Smart Materials, and Nutrition and Care. The Performance Materials segment is engaged in producing precursors for polymer materials and intermediaries for the plastics, rubber, and agriculture industries. The company is present in major regions across the globe, such as the Asia-Pacific, Europe, Middle East and Africa, Latin America, and North America (23%). It was founded in 2007 and has more than 38,000 employees.

 

 

SEGMENTATION  

1.     DUPONT          

2.     DOW CHEMICAL COMPANY          

3.     EVONIK INDUSTRIES           

4.     INEOS CAPITAL LTD  

5.     BASF SE          

6.     PLASTIC OMNIUM               

7.     MITSUI CHEMICALS             

8.     COVESTRO AG          

9.     ASAHI KASEI CORP.  

10. LANXESS CORPORATION   

11. LYONDELLBASELL INDUSTRIES NV

12. SUMIMOTO CHEMICAL CO LTD               

13. MOMENTIVE PERFORMANCE MATERIALS

14. HANWHA AZDEL INC