The North America electric vehicle polymer market is estimated to record a CAGR of 33.39% over the forecast period of 2020-2028. The high rate of adoption and sales of electric vehicles in the United States is majorly contributing to the growing application of polymers in electric vehicles in the region. The North America electric vehicle polymer market growth is further surveyed by segregating the region into the United States and Canada.
NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET FORECAST 2020-2028
North America 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 North America electric vehicle polymer market is estimated to record a CAGR of 33.39% over the forecast period of 2020-2028. The high rate of adoption and sales of electric vehicles in the United States is majorly contributing to the growing application of polymers in electric vehicles in the region.
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The North America electric vehicle polymer market growth is further surveyed by segregating the region into the United States and Canada. The United States is the second-largest electric vehicle market, after China. The country is anticipated to witness high demand for electric vehicles, owing to the presence of large automotive OEMs such as General Motors Corporation, Tesla, and Fiat Chrysler, investing billions of dollars. Companies like Toyota Motor Corporation, General Motors, and Volkswagen AG are planning aggressively to expand their electric vehicle profile, including performance and luxury in SUVs. In the US, Tesla has the highest share in electric vehicles with four models, including a high-performance vehicle. The high investments made by the companies, along with the high consumer demand for electric vehicles due to the rising awareness about the impact of IC engine vehicles on the environment, are fueling the market growth.
Celanese Corporation, headquartered at Irving, Texas, US, is a premium material company that produces high-performance engineered polymers and acetyl polymers. The company operates across Asia, America, and Europe. In January 2020, Celanese signed an agreement to acquire all of Nouryon’s global production of redispersible polymer powders across Asia and Europe.
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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
- 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
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- 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: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 6: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 7: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY ENGINEERING PLASTICS, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 8: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY ENGINEERING PLASTICS, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY ELASTOMERS, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 10: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY ELASTOMERS, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 12: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)
TABLE 13: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 14: NORTH AMERICA 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: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, GROWTH POTENTIAL, BY TYPE, IN 2019
FIGURE 6: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY ENGINEERING PLASTICS, 2020-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, GROWTH POTENTIAL, BY ENGINEERING PLASTICS, IN 2019
FIGURE 8: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY ACRYLONITRILE BUTADIENE STYRENE (ABS), 2020-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY POLYAMIDE (PA), 2020-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY POLYCARBONATE (PC), 2020-2028 (IN $ MILLION)
FIGURE 11: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY POLYURETHANE (PU), 2020-2028 (IN $ MILLION)
FIGURE 12: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY POLYPROPYLENE (PP), 2020-2028 (IN $ MILLION)
FIGURE 13: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY POLYVINYL CHLORIDE (PVC), 2020-2028 (IN $ MILLION)
FIGURE 14: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY POLY METHYL METHACRYLATE (PMMA), 2020-2028 (IN $ MILLION)
FIGURE 15: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY POLYETHYLENE (PE), 2020-2028 (IN $ MILLION)
FIGURE 16: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY OTHER ENGINEERING PLASTICS, 2020-2028 (IN $ MILLION)
FIGURE 17: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY ELASTOMERS, 2020-2028 (IN $ MILLION)
FIGURE 18: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, GROWTH POTENTIAL, BY ELASTOMERS, IN 2019
FIGURE 19: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY RUBBER, 2020-2028 (IN $ MILLION)
FIGURE 20: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY SILICONE ELASTOMER, 2020-2028 (IN $ MILLION)
FIGURE 21: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY FLUORO ELASTOMER, 2020-2028 (IN $ MILLION)
FIGURE 22: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY OTHER ELASTOMERS, 2020-2028 (IN $ MILLION)
FIGURE 23: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY OTHER TYPES, 2020-2028 (IN $ MILLION)
FIGURE 24: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019
FIGURE 25: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY POWERTRAIN, 2020-2028 (IN $ MILLION)
FIGURE 26: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY EXTERNAL, 2020-2028 (IN $ MILLION)
FIGURE 27: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, BY INTERNAL, 2020-2028 (IN $ MILLION)
FIGURE 28: NORTH AMERICA ELECTRIC VEHICLE POLYMER MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 29: UNITED STATES ELECTRIC VEHICLE POLYMER MARKET, 2020-2028 (IN $ MILLION)
FIGURE 30: CANADA ELECTRIC VEHICLE POLYMER MARKET, 2020-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- NORTH AMERICA
- UNITED STATES
- CANADA
- NORTH AMERICA
- 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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