The Asia Pacific electric vehicle polymer market is anticipated to register a CAGR of 36.28% during the forecast period of 2020-2028. The high growth rate is driven by innovation and the adoption of high-performance electric vehicles in Japan, China, and South Korea. The Asia Pacific electric vehicle polymer market growth is further studied by segregating the region into countries like India, China, South Korea, Thailand, Vietnam, Indonesia, and the rest of Asia Pacific. China recorded the highest growth rate due to huge manufacturing capacity, and advanced technologies.
ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET FORECAST 2020-2028
Asia Pacific Electric Vehicle Polymer Market by Type (Engineering Plastics (Crylonitrile Butadiene Styrene (Abs), Polyamide (Pa), Polycarbonate (Pc), Polyurethane (Pu), Polypropylene (Pp), Polyvinyl Chloride (Pvc), Poly Methyl Methacrylate (Pmma), Polyethylene (Pe), Other Engineering Plastics), Elastomers (Rubber, Silicone Elastomer, Fluoro Elastomer, Other Elastomers), Other Types) by Application (Powertrain, External, Internal) and by Geography.
The Asia Pacific electric vehicle polymer market is anticipated to register a CAGR of 36.28% during the forecast period of 2020-2028. The high growth rate is driven by innovation and the adoption of high-performance electric vehicles in Japan, China, and South Korea.
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The Asia Pacific electric vehicle polymer market growth is further studied by segregating the region into countries like India, China, South Korea, Thailand, Vietnam, Indonesia, and the rest of Asia Pacific. China recorded the highest growth rate due to huge manufacturing capacity, and advanced technologies. Japan has one of the best electric vehicle network in the world with leading automotive companies like Nissan and Toyota manufacturing electric vehicles in the country. The presence of a large number of EV charging stations, which are more than the petrol and diesel outlets, indicate the developments in the market. The polymer market is witnessing huge expansion due to the surge in the production of hybrid and electric vehicles in Japan.
India has plans to move completely to EVs in the subsequent years, considering its high population and high air pollution. Government subsidies and initiatives, cheaper EVs, growing electric vehicle mileage, developing technology, and air pollution, are anticipated to boost the Indian market growth. South Korea is one of the major manufacturers and exporters of automotive vehicles worldwide. Some of the key players in the South Korean industry are Kia, Hyundai, Renault Samsung, etc. Moreover, the government is taking initiatives to promote sales and generate consumer interest in electric vehicles in the country.
LG Chem, headquartered in Seoul, South Korea, is engaged in the businesses in the energy solution, petrochemicals, advanced materials, and life sciences in Asia, Europe, the United States, and internationally.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- MARKET DEFINITION
- KEY DRIVERS
- RISE IN ADOPTION OF HIGH PERFORMANCE POLYMERS IN ELECTRIC VEHICLES
- POSITIVE OUTLOOK FOR ELECTRIC VEHICLE INDUSTRY
- PROACTIVE GOVERNMENT POLICIES ENCOURAGING THE USE OF ELECTRIC VEHICLES
- KEY RESTRAINTS
- VOLATILE RAW MATERIAL PRICES OF POLYMERS
- LACK OF ADEQUATE EV CHARGING STATIONS
- MARKET DEFINITION
- KEY ANALYTICS
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- REGULATORY FRAMEWORK – ELECTRIC VEHICLES
- MARKET BY TYPE
- ENGINEERING PLASTICS
- ACRYLONITRILE BUTADIENE STYRENE (ABS)
- POLYAMIDE (PA)
- POLYCARBONATE (PC)
- POLYURETHANE (PU)
- POLYPROPYLENE (PP)
- POLYVINYL CHLORIDE (PVC)
- POLY METHYL METHACRYLATE (PMMA)
- POLYETHYLENE (PE)
- OTHER ENGINEERING PLASTICS
- ELASTOMERS
- RUBBER
- SILICONE ELASTOMER
- FLUORO ELASTOMER
- OTHER ELASTOMERS
- OTHER TYPES
- ENGINEERING PLASTICS
- MARKET BY APPLICATION
- POWERTRAIN
- EXTERNAL
- INTERNAL
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- COMPANY PROFILES
- AGC CHEMICALS AMERICAS INC
- ARKEMA SA
- ASAHI KASEI CORPORATION
- BASF SE
- CELANESE CORPORATION
- CHINA PETROLEUM & CHEMICAL CORPORATION (SINOPEC)
- COVESTRO AG
- DAIKIN INDUSTRIES LTD
- DUPONT
- ELKEM ASA
- EVONIK INDUSTRIES AG
- JSR CORPORATION
- LANXESS AG
- LG CHEM LTD
- LYONDELLBASELL INDUSTRIES NV
- MITSUBISHI CHEMICAL HOLDINGS CORPORATION
- ROYAL DSM NV
- SAUDI BASIC INDUSTRIES CORPORATION (SABIC)
- SOLVAY SA
- SUMITOMO CHEMICAL COMPANY LIMITED
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – ELECTRIC VEHICLE POLYMER
TABLE 2: OVERVIEW OF POLICIES REGARDING EV’S BY MAJOR COUNTRIES
TABLE 3: LIST OF FEW MERGER & ACQUISITION IN ELECTRIC VEHICLE & POLYMERS INDUSTRY
TABLE 4: REGULATORY FRAMEWORK – ELECTRIC VEHICLES
TABLE 5: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 6: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 7: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY ENGINEERING PLASTICS, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 8: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY ENGINEERING PLASTICS, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 9: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY ELASTOMERS, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 10: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY ELASTOMERS, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 11: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 12: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 13: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 14: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)
FIGURES LIST
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, GROWTH POTENTIAL, BY TYPE, IN 2019
FIGURE 6: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY ENGINEERING PLASTICS, 2020-2028 (IN $ MILLION)
FIGURE 7: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, GROWTH POTENTIAL, BY ENGINEERING PLASTICS, IN 2019
FIGURE 8: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY ACRYLONITRILE BUTADIENE STYRENE (ABS), 2020-2028 (IN $ MILLION)
FIGURE 9: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY POLYAMIDE (PA), 2020-2028 (IN $ MILLION)
FIGURE 10: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY POLYCARBONATE (PC), 2020-2028 (IN $ MILLION)
FIGURE 11: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY POLYURETHANE (PU), 2020-2028 (IN $ MILLION)
FIGURE 12: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY POLYPROPYLENE (PP), 2020-2028 (IN $ MILLION)
FIGURE 13: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY POLYVINYL CHLORIDE (PVC), 2020-2028 (IN $ MILLION)
FIGURE 14: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY POLY METHYL METHACRYLATE (PMMA), 2020-2028 (IN $ MILLION)
FIGURE 15: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY POLYETHYLENE (PE), 2020-2028 (IN $ MILLION)
FIGURE 16: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY OTHER ENGINEERING PLASTICS, 2020-2028 (IN $ MILLION)
FIGURE 17: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY ELASTOMERS, 2020-2028 (IN $ MILLION)
FIGURE 18: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, GROWTH POTENTIAL, BY ELASTOMERS, IN 2019
FIGURE 19: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY RUBBER, 2020-2028 (IN $ MILLION)
FIGURE 20: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY SILICONE ELASTOMER, 2020-2028 (IN $ MILLION)
FIGURE 21: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY FLUORO ELASTOMER, 2020-2028 (IN $ MILLION)
FIGURE 22: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY OTHER ELASTOMERS, 2020-2028 (IN $ MILLION)
FIGURE 23: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY OTHER TYPES, 2020-2028 (IN $ MILLION)
FIGURE 24: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019
FIGURE 25: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY POWERTRAIN, 2020-2028 (IN $ MILLION)
FIGURE 26: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY EXTERNAL, 2020-2028 (IN $ MILLION)
FIGURE 27: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, BY INTERNAL, 2020-2028 (IN $ MILLION)
FIGURE 28: ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 29: CHINA ELECTRIC VEHICLE POLYMER MARKET, 2020-2028 (IN $ MILLION)
FIGURE 30: JAPAN ELECTRIC VEHICLE POLYMER MARKET, 2020-2028 (IN $ MILLION)
FIGURE 31: INDIA ELECTRIC VEHICLE POLYMER MARKET, 2020-2028 (IN $ MILLION)
FIGURE 32: SOUTH KOREA ELECTRIC VEHICLE POLYMER MARKET, 2020-2028 (IN $ MILLION)
FIGURE 33: INDONESIA ELECTRIC VEHICLE POLYMER MARKET, 2020-2028 (IN $ MILLION)
FIGURE 34: THAILAND ELECTRIC VEHICLE POLYMER MARKET, 2020-2028 (IN $ MILLION)
FIGURE 35: VIETNAM ELECTRIC VEHICLE POLYMER MARKET, 2020-2028 (IN $ MILLION)
FIGURE 36: REST OF ASIA PACIFIC ELECTRIC VEHICLE POLYMER MARKET, 2020-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- INDONESIA
- THAILAND
- VIETNAM
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- MARKET BY TYPE
- ENGINEERING PLASTICS
- ACRYLONITRILE BUTADIENE STYRENE (ABS)
- POLYAMIDE (PA)
- POLYCARBONATE (PC)
- POLYURETHANE (PU)
- POLYPROPYLENE (PP)
- POLYVINYL CHLORIDE (PVC)
- POLY METHYL METHACRYLATE (PMMA)
- POLYETHYLENE (PE)
- OTHER ENGINEERING PLASTICS
- ELASTOMERS
- RUBBER
- SILICONE ELASTOMER
- FLUORO ELASTOMER
- OTHER ELASTOMERS
- OTHER TYPES
- ENGINEERING PLASTICS
- MARKET BY APPLICATION
- POWERTRAIN
- EXTERNAL
- INTERNAL
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