Dublin, March 10, 2021 (GLOBE NEWSWIRE) — The “North America Electric Vehicle Polymers Market 2019-2028” report has been added to ResearchAndMarkets.com’s offering.
The research report suggests that the North America electric vehicle polymers market will register revenue growth at a CAGR of 29.80% in the considered years 2019-2028. The United States and Canada shape the market in this region.
In the United States, the surge in the application of polymers in electric vehicles is mainly because of an increase in the adoption and sales of these vehicles. The stringent regulations to improve electric vehicle adoption are also assisting in the growth of the studied market in North America. Moreover, the massive investments by established OEM automotive companies in electric vehicles will augment the demand for the electric vehicle polymers market during the forecast period.
Additionally, the strategic actions are influencing the consumers to shift from ICE to electric vehicles in the country. These include the development of the Evolve NY program to expand electric vehicles in New York, rebate programs for EV charging stations, and investment opportunities for advanced electric projects. All these factors are positioning the market on a growth path.
Canada’s automotive industry also comprises the assembly plants of automotive parts and systems. Also, similar regulations to that of the United States and government support for the promotion of electric vehicle adoption are likely to positively impact the electric polymers market’s growth in the upcoming years. Further, the government is targeting to boost the EV charging infrastructure in the next few years through large investments. Such initiatives are projected to advance electric vehicle sales and positively impact the electric vehicle polymers market during the estimated years.
Key Topics Covered:
1. North America Electric Vehicle Polymers Market – Summary
2. Industry Outlook
2.1. Market Definition
2.2. Key Insights
2.2.1. Increased Number of Mergers and Acquisitions
2.2.2. Rise in Application of Polymers on External Body of Electric Vehicles
2.2.3. Demand for Polycarbonate and Polypropylene
2.3. Impact of Covid-19 on Electric Vehicle Polymers Market
2.4. Porter’s Five Forces Analysis
2.5. Market Attractiveness Index
2.6. Vendor Scorecard
2.7. Regulatory Framework Associated With Electric Vehicles
2.8. Market Drivers
2.8.1. Demand for High-Performance Polymers in Electric Vehicles
2.8.2. Policies and Incentives to Encourage Adoption of Electric Vehicles
2.9. Market Restraints
2.9.1. Uncertainty of Raw Material Prices
2.10. Market Opportunities
2.10.1. Use of Plastic Fuel Tank in Extended-Range Electric Vehicles (E-Rev)
2.10.2. Growing Electric Vehicle Industry
2.11. Market Challenges
2.11.1. Inadequate Charging Infrastructure
3. North America Electric Vehicle Polymers Market Outlook – by Polymer Type
3.1. Engineering Plastics
3.2. Elastomers
3.3. Other Polymer Types
4. North America Electric Vehicle Polymers Market Outlook – by Application
5. North America Electric Vehicle Polymers Market – Regional Outlook
6. Competitive Landscape
6.1. AGC Chemicals Americas Inc
6.2. Arkema Sa
6.3. Asahi Kasei Corp
6.4. BASF Se
6.5. Celanese Corporation
6.6. China Sinopec (China Petrochemical Corporation)
6.7. Covestro AG
6.8. Daikin Industries Ltd
6.9. Dupont
6.10. Elkem Asa
6.11. Evonik Industries AG
6.12. JSR Corporation
6.13. Lanxess AG
6.14. LG Chem Ltd
6.15. Lyondellbasell Industries Nv
6.16. Mitsubishi Chemical Corporation
6.17. Royal Dsm Nv
6.18. Saudi Basic Industries Corporation (Sabic)
6.19. Solvay Sa
6.20. Sumitomo Chemical Company Limited
7. Research Methodology & Scope
For more information about this report visit https://www.researchandmarkets.com/r/8v7ort
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