Automotive and Transportation Research Reports

  The Plastic for Electric Vehicle Market is projected to grow at a CAGR of 26.9% to reach a market size of USD 2,621million by 2025 from 797 million in 2020. The rising trend of weight reduction in PHEV/ HEV and BEV is estimated to increase the demand of high performance plastics. Additionally, the interior application is estimated to account for majority of plastic demand in an electric vehicle and the trend is projected to continue during the forecast period. “Polyurethane (PU) to have the largest market value among other types of plastics.” Polyurethane materials are widely used by car manufacturers which offers benefits in terms of comfort, safety, lightweight and longevity with design freedom. Polyurethane (PU) is a strong and light material that helps designers and manufacturers design seating that can be assembled, disassembled and recycled. Also, polyurethane is used in interior parts manufacturing such as dashboard, and as TPU in door handles and instrument panels ha...

  The Plastic for Electric Vehicle Market is projected to grow at a CAGR of 26.9% to reach a market size of USD 2,621 million by 2025 from 797 million in 2020. The stringent emission standards coupled with automakers focus on weight reduction is driving the demand of plastics in electric vehicles. Additionally, the OEMs inclination towards thermally stable plastics is further anticipated to drive the demand of plastic in electric vehicles. To cater OEM demands, the plastic suppliers are developing plastics for electric vehicles which are efficient and lighter in weight. These developments are mainly focused on light weight and high tensile strength of the platsic. For instance, BASF presented prototypes of the world's first particle foam based on polyethersulfone (PESU). The foam is characterized by its unique combination of properties like high-temperature resistance, inherent flame retardancy, and its extreme light weight, great stiffness and strength. It is therefore particul...

The Plastic for Electric Vehicle Market is projected to grow at a CAGR of 26.9% to reach a market size of USD 2,621 million by 2025 from 797 million in 2020. The stringent emission standards coupled with automakers focus on weight reduction is driving the demand of plastics in electric vehicles. Additionally, the OEMs inclination towards thermally stable plastics is further anticipated to drive the demand of plastic in electric vehicles. To cater OEM demands, the plastic suppliers are developing plastics for electric vehicles which are efficient and lighter in weight. These developments are mainly focused on light weight and high tensile strength of the platsic. For instance, BASF presented prototypes of the world's first particle foam based on polyethersulfone (PESU). The foam is characterized by its unique combination of properties like high-temperature resistance, inherent flame retardancy, and its extreme light weight, great stiffness and strength. It is therefore...