CHINA EV PLASTICS MARKET

INTRODUCTION TOAUTOMOTIVE EXHAUST SYSTEM MARKET

The need for lightweight plastic applications dominates the market for polymers used in the production of electric vehicles. The use of lightweight polymers in electric cars has the potential to boost both fuel efficiency and battery range (BEV).

Thanks in large part to BEV, which is forecast to be the sector's largest contributor, the global market for electric vehicle plastics is expected to grow more quickly.

Demand is also expected to increase since plastic performs better than metal in electric car applications. Less reliance on petroleum and lower carbon emissions are two reasons driving the market for polymers used in electric vehicle components.

Plastics are anticipated to be used in the production of energy recovery devices, pumps, fans, casings, and non-moving parts for electric vehicles, resulting in weight reduction without sacrificing performance and boosting demand for the electric vehicle plastics market globally.. Vehicle parts are made of a variety of plastic materials, therefore classifying the parts is necessary before recycling.

AUTOMOTIVE EXHAUST SYSTEM MARKET SIZE AND FORECAST

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

AUTOMOTIVE EXHAUST SYSTEM MARKETDYNAMICS

At its facility in Changshu, China, the materials company Solvay SA has quadrupled the amount of polyvinylidene fluoride (PVDF) that can be produced under the Solef brand. The growing adoption of electric and hybrid cars, which is fueling record-high demand for PVDF, made the expansion necessary.

In lithium-ion batteries, this thermoplastic fluoropolymer is used as a separator layer as well as a binder. It is crucial for guaranteeing improved battery performance, longer battery life, and safe battery operation.

Solef PVDF is an industry-leading product that was created utilizing Solvay's research and innovation capabilities in fluorinated chemistry and polymerization technology. Its success has sparked the continuing creation of innovative solutions to assist fulfill customers' demands in the present and the future.

AUTOMOTIVE EXHAUST SYSTEM MARKETCOMPANY PROFILE

• Mitsubishi Engineering-Plastics Corporation
• Solvay
• Sumitomo Chemical Co., Ltd.
• Plastic Omnium
• LG Chem Ltd.
• Lanxess Corporation

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OFAUTOMOTIVE EXHAUST SYSTEM MARKET

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