AUSTRIA EV PLASTICS MARKET

INTRODUCTION

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.

AUSTRIA EV PLASTICS MARKET SIZE AND FORECAST

The Austria 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.

NEW PRODUCT LAUNCH

Evonik has created a new generation of battery packs called the "Pure Performance Battery" as part of the VESTARO GmbH consortium of firms, which is trying to deliver lighter and more affordable solutions for battery electric vehicles (BEV) (PPB).

The new holistic battery system idea offers the automobile industry a safe, lightweight, and most crucially cost-effective alternative to the conventional heavier metal-based systems. It is based on Sheet Molding Compound (SMC) technology created utilizing Evonik's curing agents.

First, VESTARO created a novel, reasonably priced glass fiber (GF)-SMC cover using VESTALITE S, a high-performance epoxy curing agent from Evonik.

In addition to making the battery housing about ten per cent lighter than equivalently performing covers constructed of more expensive materials, modern SMC materials offer the same performance levels as earlier metal-based enclosures while allowing for semi-integral integration.

COMPANY PROFILE

• BASF
• Evonik Industries
• SABIC
• AGC Chemicals
• du Pont de Nemours and Company 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perAustria EV Plastics Marketright now and how will it change in next 5-6 years?
2. Average cost to set up anEV Plastics MarketinAustria?
3. How manyAustria EV Plastics Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aAustria EV Plastics Marketand key vendor selection criteria
6. Where is theAustria EV Plastics Marketmanufactured? What is the average margin per equipment?
7. Market share ofAustria EV Plastics Marketmanufacturers and their upcoming products
8. The most important plannedAustria EV Plastics Marketin next 2 years
9. Details on network of majorAustria EV Plastics Marketand pricing plans
10. Cost advantage for OEMs who manufactureAustria EV Plastics Marketin-house
11. 5 key predictions for next 5 years inAustria EV Plastics Market
12. Average B-2-BAustria EV Plastics Marketprice in all segments
13. Latest trends inAustria EV Plastics Market, by every market segment
14. The market size (both volume and value) ofAustria EV Plastics Marketin 2022-2027 and every year in between?
15. Global production breakup ofAustria EV Plastics Market, by suppliers and their OEM relationship