Report Highlights
The global market for polymers used in electric vehicles is estimated to increase from $5.0 billion in 2021 to $12.8 billion by 2026, at a compound annual growth rate (CAGR) of 20.8% during the forecast period of 2021-2026.
Report Includes
- 151 data tables and 69 additional tables
- An up-to-date review and analysis of the global market for polymers used in electric vehicles (EVs)
- Analyses of the global market trends, with data from 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2026
- Evaluation and forecast the overall market size for polymer based EVs in value and volumetric terms, and their corresponding market share analysis by product segment, application, and region
- Highlights of the market potential for polymers used in electric vehicles, and areas of focus to forecast this market into various segments and sub-segments
- In-depth information (facts and figures) concerning market drivers, opportunities, challenges and other demographic and economic factors that will drive future demand for this market
- Review of the current market status, key technology issues, industry value chain, Porter’s five forces analysis, competitive scenario, R&D activities, and COVID-19 implications on the progress of this market
- Description of polymer properties and discussion on their ability to control carbon footprints
- Insight into the key merger and acquisition deals, joint ventures and innovation strategies by leading players in the global electric vehicles and polymers industry
- Descriptive company profiles of the major global players, including Arkema, Asahi Kasei Corp., BASF SE, Covestro AG, DSM, Evonik Industries, LG Chem, LyondellBasell Industries, and Solvay S.A.
Report Scope
The scope of this report is broad, covering various technologies available in the market for polymers in electric vehicles and potential applications across various sectors. The market for polymers in electric vehicles is broken down by product segment. Revenue and Volumes forecasts from 2021 to 2026 are given for each product and application segment, with estimated values derived from the total revenues of manufacturers and through a study of the global market.
This report also includes a discussion of the main players across each regional market for polymers in electric vehicles. Further, it explains the main drivers and regional dynamics of the market and current trends within the industry.
This report concludes with a special focus on the vendor landscape that includes detailed profiles of the main vendors in the market.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2020 | ||||||||||||||||||
| Forecast period considered | 2021-2026 | ||||||||||||||||||
| Base year market size | $4.2 billion | ||||||||||||||||||
| Market size forecast | $12.7 billion | ||||||||||||||||||
| Growth rate | CAGR of 20.8% from 2021 to 2026 | ||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||
| Segments covered | Product Segment, Application, Region | ||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa | ||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global market for polymers used in electric vehicles should grow from $3.3 billion in 2018 to $14.9 billion by 2023 with a compound annual growth rate (CAGR) of 35.4% for the period of 2018-2023.
Report Includes
- 99 data tables and 48 additional tables
- An overview of global market for polymers used in electric vehicles
- Analyses of the global market trends with data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Insights into the govt. regulatory framework, investment analysis, growth indicators and key decision supporting factors
- Description of polymer properties and discussion on their ability to control carbon footprints
- Comparative study of engineering plastics and elastomers, and description of their potential applications
- A look at the mergers and acquisitions, joint ventures, innovations and key market strategies adopted by major players
- Profile description of the leading market players, including BASF, DSM Engineering Plastics, Evonik, Solvay SA, LyondellBasell Industries and SABIC
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