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The market for electric vehicle plastics is primarily driven by the growing need for high-performance plastic to provide safety and security and the growing focus on reducing the weight of electric vehicles.
Since reducing the weight of vehicles has been a priority for the past ten years, it will be even more important to counteract hefty batteries, which will benefit the plastics sector.
Weight reduction is the main factor for OEMs to use metal-to-plastic conversion and injection molded plastic components. A longer-range between recharges is increasingly considered essential by buyers when evaluating an electric car.
Additionally, the usage of bioplastic in electric vehicles is emerging as a new style and approach to the recycling problem.
Leading automotive suppliers and manufacturers are increasingly using bioplastics, such as polyester and polyamide based on plants, to reduce the environmental effect of their goods. As a result, to stay competitive in the era of green technology, automakers are increasingly turning to bioplastics.
The South 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.
Following the signing of a strategic collaboration agreement, TotalEnergies and Plastic Omnium will work together to create and develop novel recycled polypropylene plastic materials that satisfy the stringent aesthetic and safety requirements for the automobile sector.
In order to create new recycled materials with improved performance and that are better for the environment while delivering practical solutions to the issues posed by end-of-life plastics, TotalEnergies and Plastic Omnium will combine their engineering expertise.
The automobile industry’s usage of plastic in the bodywork has a significant impact on reducing carbon emissions. They make it simpler to increase aerodynamic efficiency and decrease vehicle weight, which in turn helps lower fuel consumption for internal combustion engines and boost the range of electric cars.
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