MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028

 

 

TABLE OF CONTENTS   

         

1. MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET – SUMMARY       

2. INDUSTRY OUTLOOK 

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

2.2. EVOLUTION & TRANSITION OF ELECTRIC VEHICLE PLASTICS        

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. ACQUISITIONS    

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. MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET OUTLOOK – BY ELECTRIC VEHICLE TYPE        

3.1. BEV 

3.2. HEV/PHEV

4. MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET OUTLOOK – BY COMPONENT

4.1. POWERTRAIN     

4.2. EXTERNAL

4.3. INTERNAL 

5. MIDDLE EAST AND AFRICA 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. MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET – COUNTRY OUTLOOK

6.1. UNITED ARAB EMIRATES       

6.2. SAUDI ARABIA    

6.3. TURKEY    

6.4. SOUTH AFRICA   

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

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

TABLE 4: LIST OF ACQUISITIONS

TABLE 5: LIST OF PRODUCT DEVELOPMENTS

TABLE 6: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

TABLE 7: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 8: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 9: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 10: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY, 2022-2028 (IN $ MILLION)

 

 

FIGURE LIST

FIGURE 1: PLASTIC USE IN ELECTRIC VEHICLES

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: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, ELECTRIC VEHICLE TYPE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 7: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY BEV, 2022-2028 (IN $ MILLION)

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

FIGURE 9: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)

FIGURE 10: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY POWERTRAIN, 2022-2028 (IN $ MILLION)

FIGURE 11: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY EXTERNAL, 2022-2028 (IN $ MILLION)

FIGURE 12: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY INTERNAL, 2022-2028 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, PLASTIC TYPE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 14: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY POLYURETHANE, 2022-2028 (IN $ MILLION)

FIGURE 15: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY POLYAMIDE, 2022-2028 (IN $ MILLION)

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

FIGURE 17: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY POLYPROPYLENE, 2022-2028 (IN $ MILLION)

FIGURE 18: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY POLYCARBONATE, 2022-2028 (IN $ MILLION)

FIGURE 19: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY OTHER ELECTRIC VEHICLE PLASTICS, 2022-2028 (IN $ MILLION)

FIGURE 20: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)

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

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

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

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

FIGURE 25: REST OF MIDDLE EAST & AFRICA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

 

 

MARKET OUTLOOK

Triton Market Research’s study on the electric vehicle plastics market in the Middle East and Africa insinuates that it is likely to observe growth with a CAGR of 25.78% in the forecasting years from 2022 to 2028. Saudi Arabia, South Africa, Turkey, the United Arab Emirates, and Rest of Middle East & Africa together constitute the market in this region.

The government of the United Arab Emirates has undertaken several measures to promote electric vehicle adoption, in a bid to diminish its carbon footprint. It has also set up a number of charging stations in the nation, which is expected to influence consumers to opt for these vehicles. Moreover, there is no special consumption or luxury tax on EVs, which has further surged their demand in the market. Such strategic reforms to promote the adoption of electric vehicles are expected to fuel the demand for EV plastics. This, in turn, is expected to boost the electric vehicle plastic market in the UAE.

On the other hand, the government of South Africa has acknowledged the nation’s automotive industry as one of its significant sectors. It has shown substantial growth and contributes majorly to the economy. The demand for electric vehicles is also growing and several charging stations are being constructed. The efforts to curb the harmful vehicular emissions, as part of the Clean Fuel 2 initiative, are also anticipated to enhance the sales of these vehicles. This, in turn, is expected to influence the demand for EV plastics and foster the market’s growth over the coming years.

 

Get more insights into the Middle East and Africa Electric Vehicle Plastics Market:

 

https://www.tritonmarketresearch.com/reports/middle-east-and-africa-electric-vehicle-plastics-market

 

 

COMPETITIVE OUTLOOK

The dominant players in the electric vehicle plastics market include Dow Chemical Company, Sumimoto Chemical Co Ltd, Covestro AG, Mitsui Chemicals, Momentive Performance Materials, Lanxess Corporation, and Ineos Capital Ltd.

 

 

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