Plastic Materials Market

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• Plastic Components Market worth 1.49 Billion USD
  by 2021

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The plastic materials market for electric
hybrid vehicles is projected to grow at a CAGR of
27.82 during the forecast period, to reach a
market size of USD 1.49 billion by 2021. The
market is driven by factors such as the
increasing sales of electric hybrid vehicles,
stringent fuel emission regulations, supporting
government policies for alternate fuel vehicles,
light weighting of vehicle and others. Addition
to that, the growth of automotive plastic market
in BRIC countries is also creating a new revenue
pocket for tier1 players and oems. The automotive
industry is shifting its base to BRIC countries.
Majority of the global automobile giants
operating in the market have set up their
manufacturing units in these regions, which will
eventually drive the demand for automotive
plastics.
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Target Audience Of Plastic Materials Market

• Automotive plastics manufacturers
• Raw material suppliers for automotive plastics
• Experts from the Electric Vehicles (EV) industry
• Dealers and distributors of automotive plastics
• Automotive OEMs
• The automobile industry and related end-user
  industries

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Scope Of The Plastic Materials Market

• Plastic materials market for electric hybrid
  vehicles, By Vehicle Type
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
• Plug-In Hybrid Electric Vehicle (PHEV)

• Plastic materials market for electric hybrid
  vehicles and ICE passenger cars, By Material
• Polypropylene (PP)
• Polyethylene (PE)
• Acrylonitrile- Butadiene-Styrene (ABS)
• Polyurethanes (PE)
• Polyvinyl Chloride (PVC )
• Polyamide (PA, Nylon 6/6, Nylon 6)

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Key players of Plastic Materials Market
The electric vehicle plastics market is dominated
by a few global players, and comprises several
regional players. Some of the key manufacturers
operating in the market are BASF SE (Germany),
The Dow Chemical Company (U.S.), INEOS Capital
Limited (Switzerland), SABIC (Saudi Arabia), and
Lyondellbasell Industries Holdings B.V. (The
Netherlands).

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Asia-oceania to be the largest market for
electric vehicle plastics marketAsia-oceania is
estimated to dominate the electric vehicle
plastics market, and is projected to grow at the
highest CAGR during the forecast period. The
region has emerged as a hub for electric vehicles
in recent years, with china and japan as the
frontrunners. Governments in asia-oceania are
also trying to provide incentives to support the
demand for electric vehicles. For instance, in
japan, electric vehicles are exempted from
acquisition tax and tonnage tax, and have a 50
exemption from automobile tax.
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Browse 125 market data tables and 59 figures
spread through 178 pages and in-depth TOC
on Plastic Components Market by Vehicle Type
(BEV, PHEV, HEV, ICE), Material (PP, PE, ABS,
PU, PVC, PA, PC, PVB Other Engineering
Plastics), Application (Interior, Exterior,
Lighting/Electric Wiring Under the hood),
Region - Global Forecast to 2021This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.

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