BRAZIL EV PLASTICS MARKET

INTRODUCTION TOBRAZIL EV PLASTICS MARKET

Plastic is both an insulator and a conductor of electricity. As a result, it has special functions in batteries, alternative drivetrains, and propulsion.

The majority of electric vehicles use metallic batteries, however, due to their weight, they cannot function as planned. Therefore, plastic is employed to keep the car running smoothly.

Parts for electric vehicles are produced and delivered using plastic. The interior, exterior, and luggage compartments of electric cars all utilise polymers.

The development of the EV business is greatly aided by the governmental rules in Europe, which was the first region to adopt electric vehicles.

Tax breaks and subsidies are also very beneficial to the EV sector in this nation. Additionally, a lot of plastic is created by European chemical industries for use in electric cars.

BRAZIL EV PLASTICS MARKET SIZE AND FORECAST

The Brazil EV Plastics Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.

BRAZIL EV PLASTICSMARKET DYNAMICS

AgroSolution products from the Company's AgroSolution division, such as crop protection solutions, will be the subject of efficacy trials, research and development, and analysis at the newly opened Latin America Research Center ("LARC") in Brazil, according to a statement from Sumitomo Chemical.

LARC, the first research and development facility of the Sumitomo Chemical Group in Latin America, is run by Sumitomo Chemical Brazil, a wholly owned subsidiary of the company. Its size is around 48 hectares, and there is an experimental field.

There are buildings for laboratories, a greenhouse, etc. With the launch of LARC, Sumitomo Chemical will be able to create products more quickly that are best suited to the circumstances and requirements of the Latin American market, which is a strategically significant area for the AgroSolutions business.

For the production of more than 20 parts on the Ford Fiesta, which was constructed in Brazil, Dow Automotive has started a "pellet-to-part" manufacturing facility.

The front and rear "bumper" fascias as well as several interior and exterior trim pieces are among the Fiesta parts that are produced in a facility close to the Fiesta assembly line and supplied just-in-time.

Along with a windshield and rear window sealing solution, Dow Automotive is also supplying Visteon Corporation, another integrated full service provider for the Brazilian Fiesta, with substantial plastic instrument panel components.

All components made at the facility are created utilizing different polypropylene resins, the majority of which are provided by Dow.

In order to design a strategy for an operation that would offer on-site delivery of components to Ford's assembly line in a matter of hours, Dow worked closely with Ford to define equipment and logistical criteria for the plastics production plant.

BRAZIL EV PLASTICS MARKETCOMPANY PROFILE

• SABIC
• BASF
• Plastic Omnium
• Evonik Brazil
• The Dow Chemical Company
• Air Liquide Brazil
• Lanxess Corporation
• Sumitomo Chemical Co., Ltd
• Covestro Brazil
• Arkema

THISBRAZIL EV PLASTICS MARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perBrazil EV Plastics Marketright now and how will it change in next 5-6 years?
2. Average cost to set up aEV Plastics MarketinBrazil?
3. How manyBrazil 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 aBrazil EV Plastics Marketand key vendor selection criteria
6. Where is theBrazil EV Plastics Marketmanufactured? What is the average margin per equipment?
7. Market share ofBrazil EV Plastics Marketmanufacturers and their upcoming products
8. The most important plannedBrazil EV Plastics Marketin next 2 years
9. Details on network of majorBrazil EV Plastics Marketand pricing plans
10. Cost advantage for OEMs who manufactureBrazil EV Plastics Marketin-house
11. 5 key predictions for next 5 years inBrazil EV Plastics Market
12. Average B-2-BBrazil EV Plastics Marketprice in all segments
13. Latest trends inBrazil EV Plastics Market, by every market segment
14. The market size (both volume and value) ofBrazil EV Plastics Marketin 2024-2030 and every year in between?
15. Global production breakup ofBrazil EV Plastics Market, by suppliers and their OEM relationship