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Global Polymers Used in Electric Vehicles Market Research Report 2025
Synopsis
As the market demands for hybrid and electric vehicle technology increase, materials play an increasingly important role in helping to reduce carbon emissions and dependence on oil. Polymers Used in Electric Vehicles can help automakers quickly develop more efficient, safer, and lighter hybrid and electric vehicles.
The global Polymers Used in Electric Vehicles market was valued at US$ 6956.9 million in 2023 and is anticipated to reach US$ 18660 million by 2030, witnessing a CAGR of 15.0% during the forecast period 2024-2030.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
This report aims to provide a comprehensive presentation of the global market for Polymers Used in Electric Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polymers Used in Electric Vehicles.
Report Scope
The Polymers Used in Electric Vehicles market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Polymers Used in Electric Vehicles market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Polymers Used in Electric Vehicles manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BASF
DowDuPont
Covestro
Celanese
SABIC
Solvay
LANXESS
LG Chem
Asahi Kasei
Evonik Industries
DSM Engineering Plastics
LyondellBasell Industries
Segment by Type
Acrylonitrile Butadiene Styrene (ABS)
Polyamide
Polycarbonate
Polyphenylene Sulfide (PPS)
Synthetic Rubber
Silicone Elastomer
Others
Segment by Application
Car Powertrain System
Car Exterior
Car Interior
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Polymers Used in Electric Vehicles manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Polymers Used in Electric Vehicles by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Polymers Used in Electric Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
As the market demands for hybrid and electric vehicle technology increase, materials play an increasingly important role in helping to reduce carbon emissions and dependence on oil. Polymers Used in Electric Vehicles can help automakers quickly develop more efficient, safer, and lighter hybrid and electric vehicles.
The global Polymers Used in Electric Vehicles market was valued at US$ 6956.9 million in 2023 and is anticipated to reach US$ 18660 million by 2030, witnessing a CAGR of 15.0% during the forecast period 2024-2030.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
This report aims to provide a comprehensive presentation of the global market for Polymers Used in Electric Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polymers Used in Electric Vehicles.
Report Scope
The Polymers Used in Electric Vehicles market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Polymers Used in Electric Vehicles market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Polymers Used in Electric Vehicles manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BASF
DowDuPont
Covestro
Celanese
SABIC
Solvay
LANXESS
LG Chem
Asahi Kasei
Evonik Industries
DSM Engineering Plastics
LyondellBasell Industries
Segment by Type
Acrylonitrile Butadiene Styrene (ABS)
Polyamide
Polycarbonate
Polyphenylene Sulfide (PPS)
Synthetic Rubber
Silicone Elastomer
Others
Segment by Application
Car Powertrain System
Car Exterior
Car Interior
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Polymers Used in Electric Vehicles manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Polymers Used in Electric Vehicles by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Polymers Used in Electric Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Polymers Used in Electric Vehicles Market Overview
1.1 Product Definition
1.2 Polymers Used in Electric Vehicles Segment by Type
1.2.1 Global Polymers Used in Electric Vehicles Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Acrylonitrile Butadiene Styrene (ABS)
1.2.3 Polyamide
1.2.4 Polycarbonate
1.2.5 Polyphenylene Sulfide (PPS)
1.2.6 Synthetic Rubber
1.2.7 Silicone Elastomer
1.2.8 Others
1.3 Polymers Used in Electric Vehicles Segment by Application
1.3.1 Global Polymers Used in Electric Vehicles Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Car Powertrain System
1.3.3 Car Exterior
1.3.4 Car Interior
1.4 Global Market Growth Prospects
1.4.1 Global Polymers Used in Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Polymers Used in Electric Vehicles Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Polymers Used in Electric Vehicles Production Estimates and Forecasts (2019-2030)
1.4.4 Global Polymers Used in Electric Vehicles Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Polymers Used in Electric Vehicles Production Market Share by Manufacturers (2019-2024)
2.2 Global Polymers Used in Electric Vehicles Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Polymers Used in Electric Vehicles, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Polymers Used in Electric Vehicles Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Polymers Used in Electric Vehicles Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Polymers Used in Electric Vehicles, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Polymers Used in Electric Vehicles, Product Offered and Application
2.8 Global Key Manufacturers of Polymers Used in Electric Vehicles, Date of Enter into This Industry
2.9 Polymers Used in Electric Vehicles Market Competitive Situation and Trends
2.9.1 Polymers Used in Electric Vehicles Market Concentration Rate
2.9.2 Global 5 and 10 Largest Polymers Used in Electric Vehicles Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Polymers Used in Electric Vehicles Production by Region
3.1 Global Polymers Used in Electric Vehicles Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Polymers Used in Electric Vehicles Production Value by Region (2019-2030)
3.2.1 Global Polymers Used in Electric Vehicles Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Polymers Used in Electric Vehicles by Region (2025-2030)
3.3 Global Polymers Used in Electric Vehicles Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Polymers Used in Electric Vehicles Production by Region (2019-2030)
3.4.1 Global Polymers Used in Electric Vehicles Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Polymers Used in Electric Vehicles by Region (2025-2030)
3.5 Global Polymers Used in Electric Vehicles Market Price Analysis by Region (2019-2024)
3.6 Global Polymers Used in Electric Vehicles Production and Value, Year-over-Year Growth
3.6.1 North America Polymers Used in Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Polymers Used in Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Polymers Used in Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Polymers Used in Electric Vehicles Production Value Estimates and Forecasts (2019-2030)
4 Polymers Used in Electric Vehicles Consumption by Region
4.1 Global Polymers Used in Electric Vehicles Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Polymers Used in Electric Vehicles Consumption by Region (2019-2030)
4.2.1 Global Polymers Used in Electric Vehicles Consumption by Region (2019-2024)
4.2.2 Global Polymers Used in Electric Vehicles Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Polymers Used in Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Polymers Used in Electric Vehicles Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Polymers Used in Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Polymers Used in Electric Vehicles Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Polymers Used in Electric Vehicles Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Polymers Used in Electric Vehicles Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Polymers Used in Electric Vehicles Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Polymers Used in Electric Vehicles Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Polymers Used in Electric Vehicles Production by Type (2019-2030)
5.1.1 Global Polymers Used in Electric Vehicles Production by Type (2019-2024)
5.1.2 Global Polymers Used in Electric Vehicles Production by Type (2025-2030)
5.1.3 Global Polymers Used in Electric Vehicles Production Market Share by Type (2019-2030)
5.2 Global Polymers Used in Electric Vehicles Production Value by Type (2019-2030)
5.2.1 Global Polymers Used in Electric Vehicles Production Value by Type (2019-2024)
5.2.2 Global Polymers Used in Electric Vehicles Production Value by Type (2025-2030)
5.2.3 Global Polymers Used in Electric Vehicles Production Value Market Share by Type (2019-2030)
5.3 Global Polymers Used in Electric Vehicles Price by Type (2019-2030)
6 Segment by Application
6.1 Global Polymers Used in Electric Vehicles Production by Application (2019-2030)
6.1.1 Global Polymers Used in Electric Vehicles Production by Application (2019-2024)
6.1.2 Global Polymers Used in Electric Vehicles Production by Application (2025-2030)
6.1.3 Global Polymers Used in Electric Vehicles Production Market Share by Application (2019-2030)
6.2 Global Polymers Used in Electric Vehicles Production Value by Application (2019-2030)
6.2.1 Global Polymers Used in Electric Vehicles Production Value by Application (2019-2024)
6.2.2 Global Polymers Used in Electric Vehicles Production Value by Application (2025-2030)
6.2.3 Global Polymers Used in Electric Vehicles Production Value Market Share by Application (2019-2030)
6.3 Global Polymers Used in Electric Vehicles Price by Application (2019-2030)
7 Key Companies Profiled
7.1 BASF
7.1.1 BASF Polymers Used in Electric Vehicles Corporation Information
7.1.2 BASF Polymers Used in Electric Vehicles Product Portfolio
7.1.3 BASF Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.1.4 BASF Main Business and Markets Served
7.1.5 BASF Recent Developments/Updates
7.2 DowDuPont
7.2.1 DowDuPont Polymers Used in Electric Vehicles Corporation Information
7.2.2 DowDuPont Polymers Used in Electric Vehicles Product Portfolio
7.2.3 DowDuPont Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.2.4 DowDuPont Main Business and Markets Served
7.2.5 DowDuPont Recent Developments/Updates
7.3 Covestro
7.3.1 Covestro Polymers Used in Electric Vehicles Corporation Information
7.3.2 Covestro Polymers Used in Electric Vehicles Product Portfolio
7.3.3 Covestro Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Covestro Main Business and Markets Served
7.3.5 Covestro Recent Developments/Updates
7.4 Celanese
7.4.1 Celanese Polymers Used in Electric Vehicles Corporation Information
7.4.2 Celanese Polymers Used in Electric Vehicles Product Portfolio
7.4.3 Celanese Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Celanese Main Business and Markets Served
7.4.5 Celanese Recent Developments/Updates
7.5 SABIC
7.5.1 SABIC Polymers Used in Electric Vehicles Corporation Information
7.5.2 SABIC Polymers Used in Electric Vehicles Product Portfolio
7.5.3 SABIC Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.5.4 SABIC Main Business and Markets Served
7.5.5 SABIC Recent Developments/Updates
7.6 Solvay
7.6.1 Solvay Polymers Used in Electric Vehicles Corporation Information
7.6.2 Solvay Polymers Used in Electric Vehicles Product Portfolio
7.6.3 Solvay Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Solvay Main Business and Markets Served
7.6.5 Solvay Recent Developments/Updates
7.7 LANXESS
7.7.1 LANXESS Polymers Used in Electric Vehicles Corporation Information
7.7.2 LANXESS Polymers Used in Electric Vehicles Product Portfolio
7.7.3 LANXESS Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.7.4 LANXESS Main Business and Markets Served
7.7.5 LANXESS Recent Developments/Updates
7.8 LG Chem
7.8.1 LG Chem Polymers Used in Electric Vehicles Corporation Information
7.8.2 LG Chem Polymers Used in Electric Vehicles Product Portfolio
7.8.3 LG Chem Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.8.4 LG Chem Main Business and Markets Served
7.7.5 LG Chem Recent Developments/Updates
7.9 Asahi Kasei
7.9.1 Asahi Kasei Polymers Used in Electric Vehicles Corporation Information
7.9.2 Asahi Kasei Polymers Used in Electric Vehicles Product Portfolio
7.9.3 Asahi Kasei Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Asahi Kasei Main Business and Markets Served
7.9.5 Asahi Kasei Recent Developments/Updates
7.10 Evonik Industries
7.10.1 Evonik Industries Polymers Used in Electric Vehicles Corporation Information
7.10.2 Evonik Industries Polymers Used in Electric Vehicles Product Portfolio
7.10.3 Evonik Industries Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Evonik Industries Main Business and Markets Served
7.10.5 Evonik Industries Recent Developments/Updates
7.11 DSM Engineering Plastics
7.11.1 DSM Engineering Plastics Polymers Used in Electric Vehicles Corporation Information
7.11.2 DSM Engineering Plastics Polymers Used in Electric Vehicles Product Portfolio
7.11.3 DSM Engineering Plastics Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.11.4 DSM Engineering Plastics Main Business and Markets Served
7.11.5 DSM Engineering Plastics Recent Developments/Updates
7.12 LyondellBasell Industries
7.12.1 LyondellBasell Industries Polymers Used in Electric Vehicles Corporation Information
7.12.2 LyondellBasell Industries Polymers Used in Electric Vehicles Product Portfolio
7.12.3 LyondellBasell Industries Polymers Used in Electric Vehicles Production, Value, Price and Gross Margin (2019-2024)
7.12.4 LyondellBasell Industries Main Business and Markets Served
7.12.5 LyondellBasell Industries Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Polymers Used in Electric Vehicles Industry Chain Analysis
8.2 Polymers Used in Electric Vehicles Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Polymers Used in Electric Vehicles Production Mode & Process
8.4 Polymers Used in Electric Vehicles Sales and Marketing
8.4.1 Polymers Used in Electric Vehicles Sales Channels
8.4.2 Polymers Used in Electric Vehicles Distributors
8.5 Polymers Used in Electric Vehicles Customers
9 Polymers Used in Electric Vehicles Market Dynamics
9.1 Polymers Used in Electric Vehicles Industry Trends
9.2 Polymers Used in Electric Vehicles Market Drivers
9.3 Polymers Used in Electric Vehicles Market Challenges
9.4 Polymers Used in Electric Vehicles Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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