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The size of the electric vehicle plastics market is largely driven by the trend of lightweight plastic applications as a manufacturing sector. Lightweight polymers are used in electric cars to increase their range while also enhancing their fuel economy.
The market for electric car plastics is anticipated to develop due to battery electric vehicles being the main supplier of these materials. Due to plastic’s better presentation to metal when contrasted, the electric vehicle plastics sector is also anticipated to expand.
Even though metal is the most often used material in the manufacture of numerous automobile components, the added weight that results has led manufacturers to look for alternatives to better overall vehicle efficiency.
As a result, plastics are now more frequently employed as standard materials than metals in the production of different vehicle components. The market for electric vehicles is anticipated to be driven by the rising trend of weight reduction in PHEV, HEV, and BEV, together with the rising need for thermally stable plastic.
The Africa EV Plastics Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
A specialized plastics manufacturer under Evonik Industries called Evonik Acrylics Africa (EAA) announced the launch of its Cape Town offices and technical training center.
EAA is dedicated to increasing the availability and distribution of PLEXIGLAS, the most recognizable acrylic brand in the world, to African customers. This expansion is supported by the Eastern Cape’s investment in new facilities and personnel, which also creates a crucial technical training facility.
Customers got the chance to network with EAA personnel and check out the amazing assortment of tools and equipment that is part of the training facility during a small-scale opening event at the new location.
The offices include PLEXIGLAS-made furniture, plants, lighting, and décor, all of which were specially made for them.
