LATIN AMERICA EV PLASTICS MARKET

INTRODUCTION

The growth of lightweight plastic applications as a manufacturing sector is what primarily drives the size of the electric vehicle plastics market. Lightweight polymers are used in electric cars, which increases their fuel efficiency and extends their driving range.

It is anticipated that the electric vehicle plastics market would be dominated by battery electric vehicles, which will fuel the market's expansion. Due to its superior presentation to metal, the electric vehicle plastics sector is also expected to enjoy rising demand.

Although metal is the material of choice for making many automobile components, the added weight that results has forced automakers to search for alternatives to better overall vehicle efficiency.

The growth of lightweight plastic applications as a manufacturing sector is what primarily drives the size of the electric vehicle plastics market. Lightweight polymers are used in electric cars, which increases their fuel efficiency and extends their driving range. 

LATIN AMERICA EV PLASTICS MARKET SIZE AND FORECAST

The Latin America 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.

LATIN AMERICA EV PLASTICS MARKET NEW PRODUCT LAUNCH

In an effort to determine if technical thermoplastics may be used in the design and production of battery housings for electric vehicles, the specialty chemicals firm LANXESS and Kautex Textron, a subsidiary of Textron Inc., have been working together for some time.

In a feasibility study, they collaborated to construct a near-series technology demonstrator. The system is a huge, technically complex, all-plastic housing portion with dimensions of around 1,400 mm in length and breadth and a weight of about twenty kilograms.

The battery housing of a C-segment electric car served as the foundation for the demonstrator's development. It comprises an underrun (underbody) protection, a housing cover, and a housing tray with a crash structure.

A single-stage Direct Long Fibre Thermoplastic (D-LFT) moulding procedure can be used to create the housing components. Durethan B24CMH2.0, the material for the D-LFT molding compound, has been optimized by LANXESS.

Glass fiber rovings are used by Kautex Textron to compound the PA6 for the procedure. Continuous fiber-reinforced thermoplastic composites of the Tepex Dynalite brand from LANXESS are used for the local reinforcement of the house construction.

COMPANY PROFILE

• Air Liquide S.A 
• Plastic Omnium
• BASF SE
• Evonik Industries
• Lanxess Corporation
• SABIC

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perLatin America EV Plastics Marketright now and how will it change in next 5-6 years?
2. Average cost to set up aEV Plastics MarketinLatin America?
3. How manyLatin America 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 aLatin America EV Plastics Marketand key vendor selection criteria
6. Where is theLatin America EV Plastics Marketmanufactured? What is the average margin per equipment?
7. Market share ofLatin America EV Plastics Marketmanufacturers and their upcoming products
8. The most important plannedLatin America EV Plastics Marketin next 2 years
9. Details on network of majorLatin America EV Plastics Marketand pricing plans
10. Cost advantage for OEMs who manufactureLatin America EV Plastics Marketin-house
11. 5 key predictions for next 5 years inLatin America EV Plastics Market
12. Average B-2-BLatin America EV Plastics Marketprice in all segments
13. Latest trends inLatin America EV Plastics Market, by every market segment
14. The market size (both volume and value) ofLatin America EV Plastics Marketin 2022-2027 and every year in between?
15. Global production breakup ofLatin America EV Plastics Market, by suppliers and their OEM relationship