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Electric Vehicle (Car) Polymers Market Size, Share, Report, Analysis, Trends & Forecast to 2026

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According to Stratistics MRC, the Global Electric Vehicle (Car) Polymers Market is accounted for $1.48 billion in 2017 and is expected to reach $123.58 billion by 2026 growing at a CAGR of 61.5%.

— Factors such as rising demand for electric vehicles among the emerging economies of Asia Pacific region, rapid rise in government regulations and development of charging infrastructure are fueling the market growth. However, rising demand in the price of polymers obstructs the overall development of electric vehicle (car) polymers which is hindrance for the growth of the market. Moreover, growing demand in the adoption of new components of electric cars acts as growth opportunities for the market.

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A polymer is a substance which consists of a molecular structure purely made from a large number of homogeneous units bonded together. Electric vehicle, popularly known as EV is a vehicle that makes use of one or more electrical or traction motors for its propulsion. Electric vehicle polymer refers to a polymer which is placed in interior components of an electric vehicle (car) to reduce noise, vibrations and harshness levels while in running state.

Based on type, Elastomers segment fuels the market share during the forecast period. As the demand for Elastomers is for insulation in the cars and the manufacturing of tires.By geography, Asia Pacific region is anticipated to grow owing to the growth in production of electric cars in China, Japan, South Korea, among other countries.

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Some of the key players in Electric Vehicle (Car) Polymers market include Mitsubishi Engineering-Plastics Corporation, BASF SE, DowDuPont, LyondellBasell Industries, Arlanxeo, LANXESS, Covestro, AGC Chemicals, DSM Engineering Plastics, China Petrochemical Group (Sinopec Group), LG Chem, SABIC, JSR Corporation, Daikin Industries, and Arkema.

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Components Covered:
• Exterior
• Interior
• Powertrain System

Types Covered:
• Elastomers
• Engineering Plastics

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929

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Source: MarketersMedia

Release ID: 88894261

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