GCCWIRE
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
GCCWIRE
submit pr
Home Press Releases

Electric Vehicle (Car) Polymers Market worth $52.5 billion by 2024

admin by admin
October 5, 2022
in Press Releases
Electric Vehicle (Car) Polymers Market worth $52.5 billion by 2024
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, October 05, 2022 ) The report “Electric Vehicle (Car) Polymers Market by Type (Engineering Plastics (ABS, PA, PC, PPS, Fluoropolymer), Elastomers (Synthetic Rubber, Natural Rubber, Fluoroelastomer)), Component (Powertrain, Exterior, Interior), and Region – Global Forecast to 2024” The electric vehicle (car) polymers market size is estimated to be USD 4.1 billion in 2019 and projected to reach USD 52.5 billion by 2024, at a CAGR of 67%. The growing demand for electric cars due to increasing regulations to reduce the carbon footprint; developing charging infrastructure; decreasing battery prices; and longer driving ranges of electric cars is expected to drive the market.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=37745124

“Engineering plastics is estimated to be the larger type segment of the electric vehicle (car) polymers market.”

Engineering plastics is the larger than elastomers type segment of the electric vehicle (car) polymers market. Owing to their enhanced properties and advantages, they are used in electric cars as a substitute for metals for lightweighting of the cars. These polymers can be used in all three segments of components, namely powertrain, exterior, and interior. Some of the majorly used engineering plastics are acrylonitrile butadiene styrene, polyamide, polycarbonate, and polyphenylene sulfide.

“The exterior component in the electric car is expected to register the highest CAGR during the forecast period.”

Exterior body of an electric car accounts for the second largest share in the overall weight of the electric car. Earlier, metal alloys were used in exterior parts, which are prone to dents, corrosion, and add to the weight of the cars. But, in recent times, major electric car manufacturers have replaced metal alloys in the exterior components, such as bumpers, door pillars, door handles, lights, trunk, window glasses, and windshields with polymers, to reduce the overall weight of the electric cars.

Don’t miss out on business opportunities in Electric Vehicle (Car) Polymers Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=37745124

Browse in-depth TOC on “Electric Vehicle (Car) Polymers Market”
134 – Market Data Tables
66 – Figures
179 – Pages

“APAC accounts for the largest share in terms of value of the electric vehicle (car) polymers market.”

APAC was estimated to account for the largest share of the electric vehicle polymers market in 2018. The region has emerged as the largest consumer of electric car polymers owing to the increasing production of electric cars in China, Japan, South Korea, among other countries. The need for electric vehicle polymers for reducing the overall weight of the cars is high in this region. Hence, it is the largest as well as the fastest-growing region in the electric vehicle polymers market.

The leading players in the electric vehicle polymers market are BASF (Germany), DowDuPont (US), Covestro (Germany), Celanese (US), SABIC (Saudi Arabia), Solvay (Belgium), LANXESS (Germany), LG Chem (South Korea), Asahi Kasei (Japan), and Evonik Industries (Germany).

Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=37745124

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



Source link

Previous Post

Steel Rebar Market worth $246.3 billion by 2025

Next Post

Arab Newswire, Press Release Distribution to media in Arab World, Middle East and North Africa Covers 2022 FIFA World Cup in Doha, Qatar

RelatedPosts

Visual Effects (VFX) Market expected to grow at a CAGR of 8.2 percent during the forecast period
Press Releases

Visual Effects (VFX) Market expected to grow at a CAGR of 8.2 percent during the forecast period

 Visual Effects (VFX) Market(EMAILWIRE.COM, March 27, 2023 ) As per the Maximize Market research, a global business and...

by admin
March 27, 2023
Power Grid Market worth $367.4 Billion by 2028
Press Releases

Power Grid Market worth $367.4 Billion by 2028

 (EMAILWIRE.COM, March 27, 2023 ) The global Power Grid Market is projected to reach USD 367.4 billion in...

by admin
March 27, 2023
Metagenomic Sequencing Market: Continuous technological innovations in NGS platforms
Press Releases

Metagenomic Sequencing Market: Continuous technological innovations in NGS platforms

 (EMAILWIRE.COM, March 27, 2023 ) The Growth in the metagenomic sequencing market is mainly driven by continuous technological...

by admin
March 27, 2023
Graphene Nanoplatelets Market expected to grow at a CAGR 37.40 percent of during the forecast period
Press Releases

Graphene Nanoplatelets Market expected to grow at a CAGR 37.40 percent of during the forecast period

 Graphene Nanoplatelets Market(EMAILWIRE.COM, March 27, 2023 ) As per the Maximize Market research, a global business and consultancy...

by admin
March 27, 2023
Load More

POPULAR POSTS

  • Exoskeleton Market worth $3.7 billion by 2028 at a CAGR of 38.6%

    0 shares
    Share 0 Tweet 0
  • UHT Processing Market Statistics, Growth, Trends & Forecasts

    0 shares
    Share 0 Tweet 0
  • Aircraft Seat Upholstery Market worth $1.8 billion by 2025

    0 shares
    Share 0 Tweet 0
  • KSA Weekly on Kingdom of Saudi Arabia adds to Arab Newswire Media List Press Release Distribution to MENA Region

    0 shares
    Share 0 Tweet 0
  • PallyCon unveils Robust Distributor Watermarking to Fortify Premium Content in the Distribution Phase

    0 shares
    Share 0 Tweet 0

GCCWIRE™ provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in member countries of Gulf Corporation Council (GCC) and Middle east and North Africa. Submit press release or contact us today.

Browse By Category

News
Bahrain
Kuwait
Omar
Qatar
KSA
UAE

Recent News

Recent Posts
  • Stc Bahrain collaborates with the BIBF as a development partner for its graduate development programme, jeel ICT – ZAWYA
  • Five ways Industry 4.0 tech can help distributors prepare for the future – Tahawul Tech
  • SAMA grants Saudi firm license for finance aggregation services – Arab News
  • Zain KSA announces financial results for 2022 with annual revenue of SAR 9.1bn – TelecomTV

Our Newsletter

    Gccwire is part of GroupWeb Media Network. @ 2023 GroupWeb Media LLC

    No Result
    View All Result
    • Home
    • News
      • Press Releases
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • KSA
    • UAE
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    Gccwire is part of GroupWeb Media Network. @2023 GroupWeb Media LLC