US Electric Vehicle Plastics Market is estimated to grow significantly during the forecast period. The market is mainly driven due to growing sales of electric vehicles during the forecast period coupled with the rising application of plastics in the automotive industry. The consumers in the country are showing interest in lightweight electric vehicles along with state governments. Besides, private investors in the US are spending millions of dollars on the installation of electric vehicle charging stations. California has introduced a zero-emissions vehicle (ZEV) programme, under which the government grants support for the roll-out of electric vehicles in the US.
The US market for electric vehicle plastics is segregated on the basis of plastic-type and vehicle type. Based on the plastic-type, the market is further classified into polyvinyl chloride (PVC), acrylonitrile butadiene styrene (ABS), polyamide (PA), polycarbonate (PC), polyurethane (PU), polymethylmethacrylate (PMMA), and others (Polypropylene). The ABS segment is projected to have a considerable share owing to the growing application in various components such as interior in electric vehicles. Based on the vehicle type, the US electric vehicle plastics market is further segmented into hybrid electric vehicles (HEVs), battery electric vehicles (BEVs), and plug-in hybrid electric vehicles (PHEVs). The BEV segment is estimated to have a considerable share in the market.
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US Electric Vehicle Plastics Market – Segmentation
By Plastic Type
- Polyvinyl Chloride (PVC)
- Acrylonitrile Butadiene Styrene (ABS)
- Polyamide (PA)
- Polycarbonate (PC)
- Polyurethane (PU)
- Polyamide (PA)
- Polymethylmethacrylate (PMMA)
- Others (Polypropylene)
By Vehicle Type
- Hybrid Electric Vehicles (HEVs)
- Battery Electric Vehicle (BEV)
- Plug-In Hybrid Electric Vehicles (PHEVs)
A full Report of Asia-Pacific Electric Vehicle Plastics Market is Available at: https://www.omrglobal.com/industry-reports/us-electric-vehicle-plastics-market
Company Profiles
- Arkema Group
- AGC Chemicals
- BASF SE
- Celanese Corp.
- DuPont de Nemours, Inc.
- Evonik Industries AG
- Formosa Plastics Corp.
- INEOS AG
- Mitsubishi Chemical Corp.
- LyondellBasell Industries Holdings B.V.
- LG Chem Ltd.
- SABIC
- Solvay SA
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