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Global Electric Vehicle (Car) Polymers Market: By Component: Exterior, Interior, Powertrain System; By Type: Elastomers, Engineering Plastics, Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Electric Vehicle (Car) Polymers Market Outlook
The global electric vehicle (car) polymers market was valued at nearly USD 4.6 billion in 2020 and is expected to grow at a CAGR of 61% during the forecast period of 2023-2028 to attain USD 80.1 billion by 2026.
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Market Segmentation
Electric vehicle polymers are the polymers used to reduce the weight of electric cars without affecting the car’s performance.
The market can be broadly categorised based on components and types.
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Based on the components, the market is divided into:
- Exterior
- Interior
- Powertrain System
Based on types, the market is divided into:
- Elastomers
- Natural Rubber
- Silicone Elastomer
- Synthetic Rubber
- Fluoroelastomer
- Engineering Plastics
- Polypropylene
- Polyphenylene Sulphide (PPS)
- Acrylonitrile Butadiene Styrene (ABS)
- Fluoropolymer
- Polyurethane
- Thermoplastic Polyester
- Polycarbonate
- Polyamide
- Others
The EMR report looks into the regional markets of electric vehicle (car) polymers like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
Factors such as the rising demand for electric vehicles from the Asia Pacific’s emerging economies, the rapid rise in government regulations, and the rising infrastructure development are driving the market growth. Also, the growing demand for the adoption of new electrical car components serves as a significant market growth opportunity. However, the rising polymer prices might hinder the overall development of the electric vehicle (car) polymers industry.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global electric vehicle (car) polymers industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- DuPont de Nemours, Inc. (NYSE: DD)
- ARLANXEO Holding B.V.
- LyondellBasell Industries Holdings N.V.
- Covestro AG
- LANXESS
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Type, Region |
| Breakup by Component | Exterior, Interior, Powertrain System |
| Breakup by Type | Elastomers, Engineering Plastics |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | DuPont de Nemours, Inc. (NYSE: DD), LyondellBasell Industries Holdings B.V., Covestro AG, LANXESS, ARLANXEO Holding B.V., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Electric Vehicle (Car) Polymers Market Analysis
8.1 Key Industry Highlights
8.2 Global Electric Vehicle (Car) Polymers Historical Market (2018-2022)
8.3 Global Electric Vehicle (Car) Polymers Market Forecast (2023-2028)
8.4 Global Electric Vehicle (Car) Polymers Market by Component
8.4.1 Exterior
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Interior
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Powertrain System
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Electric Vehicle (Car) Polymers Market by Type
8.5.1 Elastomers
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.1.4 Breakup by Type
8.5.1.4.1 Natural Rubber
8.5.1.4.2 Silicone Elastomer
8.5.1.4.3 Synthetic Rubber
8.5.1.4.4 Fluoroelastomer
8.5.2 Engineering Plastics
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.2.4 Breakup by Type
8.5.2.4.1 Polypropylene
8.5.2.4.2 Polyphenylene Sulphide (PPS)
8.5.2.4.3 Acrylonitrile Butadiene Styrene (ABS)
8.5.2.4.4 Fluoropolymer
8.5.2.4.5 Polyurethane
8.5.2.4.6 Thermoplastic Polyester
8.5.2.4.7 Polycarbonate
8.5.2.4.8 Polyamide
8.5.2.4.9 Others
8.6 Global Electric Vehicle (Car) Polymers Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 DuPont de Nemours, Inc. (NYSE: DD)
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 LyondellBasell Industries Holdings B.V.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Covestro AG
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 LANXESS
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 ARLANXEO Holding B.V.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Electric Vehicle (Car) Polymers Market: Key Industry Highlights, 2017 and 2026
2. Global Electric Vehicle (Car) Polymers Historical Market: Breakup by Component (USD Billion), 2018-2022
3. Global Electric Vehicle (Car) Polymers Market Forecast: Breakup by Component (USD Billion), 2023-2028
4. Global Electric Vehicle (Car) Polymers Historical Market: Breakup by Type (USD Billion), 2018-2022
5. Global Electric Vehicle (Car) Polymers Market Forecast: Breakup by Type (USD Billion), 2023-2028
6. Global Electric Vehicle (Car) Polymers Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Electric Vehicle (Car) Polymers Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Electric Vehicle (Car) Polymers Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Electric Vehicle (Car) Polymers Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Electric Vehicle (Car) Polymers Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Electric Vehicle (Car) Polymers Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Electric Vehicle (Car) Polymers Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Electric Vehicle (Car) Polymers Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Electric Vehicle (Car) Polymers Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Electric Vehicle (Car) Polymers Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Electric Vehicle (Car) Polymers Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Electric Vehicle (Car) Polymers Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Electric Vehicle (Car) Polymers Market Structure
Key Questions Answered in the Report
The global electric vehicle (car) polymers market reached a value of USD 4.6 billion in 2020.
The market is projected to grow at a CAGR of nearly 61% in the forecast period of 2023-2028.
The market is estimated to reach a value of about USD 80.1 billion by 2026.
The major drivers of the industry include the rising disposable incomes, increasing population, rising demand for electric vehicles from the Asia Pacific’s emerging economies, increasing demand for the adoption of new electrical car components, and the rising infrastructure development.
The rapid rise in government regulations supporting the adoption of electric vehicles is expected to be a key trend guiding the growth of the industry.
What are the major regional markets of electric vehicle (car) polymers, according to the EMR report?
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The leading components of the product include exterior, interior, and powertrain system.
The significant types of the product in the market are elastomers and engineering plastics.
The leading players in the market are DuPont de Nemours, Inc. (NYSE: DD), LyondellBasell Industries Holdings B.V., Covestro AG, LANXESS, and ARLANXEO Holding B.V., among others.
Analyst Review
The global electric vehicle (car) polymers market attained a value of USD 4.6 billion in 2020, driven by the growth in the demand for the adoption of new electrical car components. Aided by the rising infrastructure development, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 61%. The industry is projected to reach USD 80.1 billion by 2026.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on component, the global market for electric vehicle (car) polymers can be segmented into exterior, interior, and powertrain system. On the basis of type, the industry can be divided into elastomers and engineering plastics. The major regional markets for electric vehicle (car) polymers are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include DuPont de Nemours, Inc. (NYSE: DD), LyondellBasell Industries Holdings B.V., Covestro AG, LANXESS, and ARLANXEO Holding B.V., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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