The Electric Vehicle (car) Polymers Market size is projected to grow at a CAGR 59.12% rate during the forecast period.
Electric vehicle polymers are used to reduce the vehicle weight without affecting the efficiency of the car. Polymers are the only alternatives to metals as they possess similar properties to those of metals, such as flame retardancy, abrasion resistance, stiffness, toughness, electrical insulation, and heat resistance. Replacing metals with the polymers is a key solution for the electric car manufacturers to reduce the overall vehicle weight.
Polymer has proven to be the ideal material for the interior components and is majorly preferred by manufacturers in place of metals as they have lower accidental risk and safety issues. Also, polymers are durable and aesthetically pleasing. In addition, it reduces noise, vibration, and harshness (NVH) levels of an electric car. Both the types of polymers, engineering plastics and elastomers, are preferred for this segment of components.
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1. Electric Vehicle (Car) Polymers Market, By Type
1.1. Engineering Plastics
1.1.1. Acrylonitrile Butadiene Styrene (ABS)
1.1.2. Polyamide
1.1.3. Polycarbonate
1.1.4. Polyphenylene Sulfide (PPS)
1.1.5. Polyurethane
1.1.6. Polypropylene
1.1.7. Fluoropolymer
1.1.8. Thermoplastic Polyester
1.1.9. Others (Polyethylene, Polyacetal, Polyphenylene Ether, Polyphenylene Oxide, Polysulfone, Polyethersulfone,
Polyetherimide, Polyphthalamide, Polyetheretherketone)
1.2. Elastomers
1.2.1. Synthetic Rubber
1.2.2. Natural Rubber
1.2.3. Fluoroelastomer
1.2.4. Silicone Elastomer
1.2.5. Others (Thermoplastic Olefin, Styrenic Block Copolymer, Thermoplastic Polyurethane, Thermoplastic Vulcanizate,
Thermoplastic Copolyester, Polyether Block Amide)
2. Electric Vehicle (Car) Polymers Market, By Component
2.1. Powertrain System
2.2. Exterior
2.3. Interior
3. Electric Vehicle (Car) Polymers Market, By Region
3.1. North America
3.2. Europe
3.3. Asia Pacific
3.4 Rest of World
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