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Rising demand to reduce weight of electric cars is a key factor driving market revenue growth

VANCOUVER, BC, CANADA, August 3, 2022 /EINPresswire.com/ -- The global Electric Vehicle (EV) (car) polymers market size is expected to reach USD 508.11 Billion in 2030 and register a revenue CAGR of 61.1% over the forecast period, according to the latest analysis by Emergen Research. Rising demand to reduce weight of electric cars is the key factor driving global electric vehicle (car) polymers market revenue growth.

Heavyweight of vehicles is a significant barrier for vehicle to run solely on electric power for an extended period, but some lighter materials can reduce the weight of a vehicle without sacrificing strength and durability. Whether fuel is gasoline or electricity, reducing overall weight of a vehicle improves its fuel efficiency. In case of Electric Vehicles (EVs), lighter vehicles can travel longer distances with smaller batteries, making them more efficient for daily use. Polymers provide long-term performance, efficiency gain, reduce weight, and increase fuel efficiency of vehicle. Polymer technology has progressed rapidly over the past years and increased its application scope in automotive. Stringent regulations to reduce vehicle emissions and increasing demand of customers for lightweight and fuel-efficient cars are driving revenue growth in the market over the forecast period.

In addition, an advanced polymer-based battery pack used for lithium-ion batteries in EVs can ensure temperature stability, increase battery power, and extend EV range on a single charge. These battery packs can safeguard vehicle batteries from any kind of adverse incidents.

𝐓𝐨 𝐠𝐚𝐢𝐧 𝐟𝐮𝐫𝐭𝐡𝐞𝐫 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐜𝐨𝐧𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐨𝐟 𝐯𝐚𝐫𝐢𝐨𝐮𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬 @ https://www.emergenresearch.com/request-sample/1196

The market scope for the new entrants and established companies has been assessed using various analytical tools, including the SWOT analysis, investment assessment, and Porter’s Five Forces analysis. Furthermore, into the study, the authors of the report have evaluated the financial standing of leading companies operating in the industry. They have provided crucial information on gross profits, revenue shares, sales volume, manufacturing costs, individual growth rate, and numerous other financial ratios of these competitors. The Electric Vehicle Car Polymers market analysis is largely focused on leading market players. Our analysts have provided information on financial statements of these players, product benchmarking, and their key business development strategies.

BASF SE, Saudi Basic Industries Corporation (SABIC), Asahi Kasei Corporation, Evonik Industries AG, Celanese Corporation, Solvay S.A, Lanxess AG, Arkema S.A, Daikin Industries, Ltd., Dupont De Nemours, Inc., Lyondellbasell Industries N.V., and Royal Dsm N.V

𝐄𝐦𝐞𝐫𝐠𝐞𝐧 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐢𝐬 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 𝐓𝐢𝐦𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 (𝐆𝐫𝐚𝐛 𝐚 𝐂𝐨𝐩𝐲 𝐚𝐭 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭𝐞𝐝 𝐏𝐫𝐢𝐜𝐞 𝐍𝐨𝐰) @ https://www.emergenresearch.com/request-discount/1196

The global market has been categorized on the basis of product type, application gamut, end-user industries, and the competitive hierarchy. The report inspects the current market scenario, its past performance, demand and supply ratios, production and consumption rates, sales, and numerous growth opportunities available in the market. It further entails a clear outline of the market’s intensely competitive atmosphere to help businesses and industry stakeholders decipher the optimal business moves and achieve their business goals.

Plug-In Hybrid Electric Vehicles (PHEV)

Fuel Cell Electric Vehicle (FCEV)

Rest of Middle East & Africa

𝐁𝐫𝐨𝐰𝐬𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧 + 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲 + 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭 + 𝐈𝐧𝐟𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐬 @ https://www.emergenresearch.com/industry-report/electric-vehicle-car-polymers-market

3 Global Electric Vehicle Car Polymers by Players

4 Electric Vehicle Car Polymers by Regions

4.1 Electric Vehicle Car Polymers Market Size by Regions

4.2 Americas Electric Vehicle Car Polymers Market Size Growth

4.3 APAC Electric Vehicle Car Polymers Market Size Growth

4.4 Europe Electric Vehicle Car Polymers Market Size Growth

4.5 Middle East & Africa Electric Vehicle Car Polymers Market Size Growth

9 Market Drivers, Challenges and Trends

9.1.1 Growing Demand from Key Regions

9.1.2 Growing Demand from Key Applications and Potential Industries

10 Global Electric Vehicle Car Polymers Market Forecast

Detailed scrutiny of the latest market trends, including drivers, opportunities, threats, constraints, challenges, and future investment prospects

Market segmentation by deployment type, authentication type, component, organization size, industry vertical

Regional and country-wise market size estimation for the forecast period (2019-2028)

Pricing strategies of the regional market players

Demand & supply gap analysis

Market share analysis of the top market players

Strategic recommendations for new market entrants

Company profiling of the leading market players

Brief summary of the key strategies, financial positions, and recent developments of the leading companies

𝐅𝐨𝐫 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭: https://www.emergenresearch.com/request-sample/1196

Our research and insights help our clients to anticipate upcoming revenue compartments and growth ranges. This help our client to invest or divest their assets.

It is extremely vital to have an impartial understanding of market opinions for a strategy. Our insights help to have a keen view on a market sentiment. We keep this reconnaissance by engaging with Key Opinion Leaders of a value chain of each industry we track.

Understanding the most reliable investment centers:

Our research ranks investments centers of market by considering their future demands, returns and profit margins. Our clients can focus on most prominent investment centers by procuring our market research.

Our research and insights help our clients in identifying compatible business partners.

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Eric Lee Emergen Research +91 90210 91709 email us here Visit us on social media: Facebook Twitter LinkedIn

Electric Vehicle Car Polymers Market Size Worth USD 508.11 Billion in 2030

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