Heavy Industry

Electric Vehicle Polymers

Electric Vehicle Polymers

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Electric Vehicle Polymers
Global Electric Vehicle Polymers Market to Reach $105.4 Billion by 2030
The global market for Electric Vehicle Polymers estimated at US$6.5 Billion in the year 2022, is projected to reach a revised size of US$105.4 Billion by 2030, growing at a CAGR of 41.7% over the period 2022-2030. Engineering Plastics, one of the segments analyzed in the report, is projected to record 43.9% CAGR and reach US$68.9 Billion by the end of the analysis period. Growth in the Elastomers segment is estimated at 38.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 45.8% CAGR
The Electric Vehicle Polymers market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$34.7 Billion by the year 2030 trailing a CAGR of 45.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 34.8% and 38.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 36.6% CAGR.Select Competitors (Total 48 Featured) - BASF SEArkema GroupAsahi Kasei CorporationCelanese CorporationCroda International PLCDIC CorporationDaikin Industries Ltd.Covestro AGChi Mei CorporationAscend Performance Materials LLCAddiplast SAAkro-Plastic GmbHDistrupol Ltd.AlphaGary CorporationAearo TechnologiesPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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