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Plastic Materials Market

The report "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 2021", The electric vehicle plastics market is projected to grow at a CAGR of 27.82%, to reach a market size of USD 1.49 Billion by 2021. The market is driven by factors such as stringent emission regulations leading to lightweighting of passenger cars, and government policies encouraging the adoption for electric vehicles.

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Plastic Materials Market

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  1. Plastic Components Market worth 1.49 Billion USD by 2021

  2. 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.

  3. 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 Target Audience Of Plastic Materials Market https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=219387183 Download PDF Brochure

  4. 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) Scope Of The Plastic Materials Market

  5. 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). Key players of Plastic Materials Market https://www.marketsandmarkets.com/requestsampleNew.asp?id=219387183 Sample Copy

  6. 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.

  7. 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 2021”This 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. Early buyers will receive 10% customization on reports. Get 10 % Free Customization

  8. MarketsandMarkets is the world’s no. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.

  9. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA : 1-888-600-6441sales@marketsandmarkets.com

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