“Plastics for electric vehicles (EV) market are driven by light weighting trends for automobiles which, in turn are fuelled by the need to improve EV mile range. Plastic currently find their applications in cooling pipes and fans, but for other components, such as energy recovery devices (pedal and pump) and casing materials, plastics have low to moderate penetration. The future for plastics in electric vehicles is very promising as their implementation in power trains, battery casing and thermal management system materials will take prominence.
North America and Europe are currently the major shareholders of the plastics in electric vehicles market, followed by Asia-Pacific & Africa. Asia-Pacific and the African regions will witness strong growth rates in the coming years with respect to this market due to implementation of environmental laws and carbon footprint reduction policies undertaken by the region.
Competitive landscape for each type of plastics in electric vehicles is highlighted and key market players are profiled with attributes of business overview, financials, business strategies, product portfolio and recent developments pertaining to these fluids. Market shares of the key players for 2014 are also provided. The report encompasses the most detailed and in-depth segmentation and analysis of the Plastics in Electric Vehicles Market for the period 2014 – 2020.
Most players in the global plastics in electric vehicles market are based in the U.S. and Germany.
The key market players include:
BASF SE,
E.I. DuPont de Nemours
Dow Chemical Company”
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