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Asia Pacific Plastic For Electric Vehicle Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Plastics Type; Component; Vehicle Type; and Application

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    Report

  • 109 Pages
  • December 2020
  • Region: Asia Pacific
  • The Insight Partners
  • ID: 5236353
BEV Segment to Dominate Asia Pacific Plastics For Electric Vehicle Market during 2020- 2027

According to a new market research study on “Asia Pacific Plastics For Electric Vehicle Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Plastics Type, Component, Vehicle Type, and Application,” is expected to reach US$ 1753.47 million by 2027 from US$ 419.70 million in 2019. The market is estimated to grow at a CAGR of 19.8% from 2020 to 2027. The report provides trends prevailing in the Asia Pacific Plastics For Electric Vehicle market along with the drivers and restraints pertaining to the market growth. Adoption of lightweight materials in an urge to decrease vehicle weight is the major factor driving the growth of the Asia Pacific Plastics For Electric Vehicle market. However, issues associated with the recycling of Plastics materials utilized in electric vehicle hinder the growth of Asia Pacific Plastics For Electric Vehicle market.

The Asia Pacific market for Plastics For Electric Vehicle market is segmented into Plastics type, component, vehicle type, application, and country. Based on Plastics type, the market is segmented into Acrylonitrile Butadiene Styrene (ABS), Polyamide (PA), Polycarbonate (PC), Polyvinyl Butyral, Polyurethane (PU), Polypropylene (PP), and others. In 2019, the polypropylene segment held the largest share Asia Pacific Plastics For Electric Vehicle market. Based on component, the Plastics For Electric Vehicle market is divided into Dashboard, Seats, Interior Trim, Car Upholstery, Bumper, and Others. Interior trim is expected to be the leading segment over the forecast period. Based on vehicle type, the market is segmented into BEV, and PHEV/ HEV. BEV is expected to be the leading segment over the forecast period. Based on application, the market is segmented into Powertrain System/ Under Bonnet, Exterior, Interior, and Lighting and Electric Wiring. In 2019, the interior segment held the largest share in Asia Pacific Plastics For Electric Vehicle market.

The COVID-19 is anticipated to cause a loss of more than 3 Billion in the Asia Pacific region. The consequence and impact can be even worse and totally depends on the spread of the virus. The government of Asia Pacific is taking possible steps to reduce its effects by announcing lockdown, and thus, impact the revenue generated by the market. The Government have asked the chemical & materials manufacturers to delay their production which will adversely affect the worldwide supply of Plastics s for electric vehicle.

BASF SE, Solvay SA, DuPont de Nemours, Inc., The Dow Chemical Company, LG Chem Ltd., Lanxess AG, Sabic, Covestro AG, Asahi Kasei Corporation, and Lyondellbasell Industries Holdings B.V.are among the leading companies in the Asia Pacific Plastics For Electric Vehicle market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Korean companies Hyundai Motor Company, Kia Motors Corporation and LG Chem are jointly sponsoring the EV & Battery Challenge, a worldwide competition to identify up to 10 EV and battery start-ups for potential investment and collaboration.

The Report Segments the Asia Pacific Plastic For Electric Vehicle market as Follows:

By Plastics Type
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyamide (PA)
  • Polycarbonate (PC)
  • Polyvinyl Butyral
  • Polyurethane (PU)
  • Polypropylene (PP)
  • Others

By Component
  • Dashboard
  • Seats
  • Interior Trim
  • Car Upholstery
  • Bumper
  • Others

By Vehicle Type
  • BEV
  • PHEV/ HEV

By Application
  • Powertrain System/ Under Bonnet
  • Exterior
  • Interior
  • Lighting and Electric Wiring

By Country
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of APAC

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific Plastics For Electric Vehicle market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific Plastics For Electric Vehicle market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging market.
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Plastics For Electric Vehicle market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Plastics for Electric Vehicles Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. Plastics for Electric Vehicle Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand of Electric Vehicles
5.1.2 Adoption of Lightweight Materials in an Urge to Decrease Vehicle Weight
5.2 Market Restraints
5.2.1 Recycling of Plastic Materials Utilized in Electric Vehicle
5.3 Market Opportunities
5.3.1 Use of Bio-Plastics in Electric Vehicles
5.4 Future Trends
5.4.1 Rising Use of Advanced and Multifunctional Plastic in Electric Vehicle
5.5 Impact Analysis Of Drivers And Restraints
6. Plastics for Electric Vehicles - Asia Pacific Market Analysis
6.1 Plastics for Electric Vehicles Market Overview
6.2 Asia Pacific Plastics for Electric Vehicles Market -Revenue and Forecast to 2027 (US$ Million)
7. Plastics for Electric Vehicle Market Analysis - By Plastic Type
7.1 Overview
7.2 Asia Pacific Plastics for Electric Vehicle Market, By Plastic Type (2019 and 2027)
7.3 Acrylonitrile Butadiene Styrene (ABS)
7.3.1 Overview
7.3.1.1 Acrylonitrile Butadiene Styrene (ABS): Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Polyamide (PA)
7.4.1 Overview
7.4.1.1 Polyamide (PA): Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
7.5 Polycarbonate (PC)
7.5.1 Overview
7.5.1.1 Polycarbonate (PC): Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
7.6 Polyvinyl Butyral
7.6.1 Overview
7.6.1.1 Polyvinyl Butyral: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
7.7 Polyurethane (PU)
7.7.1 Overview
7.7.1.1 Polyurethane (PU): Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
7.8 Polypropylene (PP)
7.8.1 Overview
7.8.1.1 Polypropylene (PP): Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
7.9 Others
7.9.1 Overview
7.9.1.1 Others: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
8. Plastics for Electric Vehicle Market Analysis - By Component
8.1 Overview
8.2 Asia Pacific Plastics for Electric Vehicle Market, By Component (2019 and 2027)
8.3 Dashboard
8.3.1 Overview
8.3.2 Dashboard: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Seats
8.4.1 Overview
8.4.2 Seats: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
8.5 Interior Trim
8.5.1 Overview
8.5.2 Interior Trim: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
8.6 Car Upholstery
8.6.1 Overview
8.6.2 Car Upholstery: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
8.7 Bumper
8.7.1 Overview
8.7.2 Bumper: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
8.8 Others
8.8.1 Overview
8.8.2 Others: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
9. Plastics for Electric Vehicle Market Analysis - By Vehicle Type
9.1 Overview
9.2 Asia Pacific Plastics for Electric Vehicle Market, By Vehicle Type (2019 and 2027)
9.3 BEV
9.3.1 Overview
9.3.1.1 BEV: Plastics for Electric Vehicle Market - Revenue, and Forecast to 2027 (US$ Million)
9.4 PHEV/ HEV
9.4.1 Overview
9.4.1.1 PHEV/ HEV: Plastics for Electric Vehicle Market - Revenue, and Forecast to 2027 (US$ Million)
10. Plastics for Electric Vehicle Market Analysis - By Application
10.1 Overview
10.2 Asia Pacific Plastics for Electric Vehicle Market, By Application (2019 and 2027)
10.3 Powertrain System / Under Bonnet
10.3.1 Overview
10.3.2 Powertrain System / Under Bonnet: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
10.4 Exterior
10.4.1 Overview
10.4.2 Exterior: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
10.5 Interior
10.5.1 Overview
10.5.2 Interior: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
10.6 Lighting and Electric Wiring
10.6.1 Overview
10.6.2 Lighting and Electric Wiring: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
11. Plastics for Electric Vehicle Market - Country Analysis
11.1 Overview
11.1.1 APAC: Plastic for Electric Vehicle Market, by Key Country
11.1.1.1 Australia: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
11.1.1.1.1 Australia: Plastic for Electric Vehicle Market, by Plastic Type
11.1.1.1.2 Australia Plastics for Electric Vehicle Market, by Component
11.1.1.1.3 Australia Plastics for Electric Vehicle Market, by Vehicle Type
11.1.1.1.4 Australia Plastics for Electric Vehicle Market, by Application
11.1.1.2 China: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
11.1.1.2.1 China: Plastic for Electric Vehicle Market, by Plastic Type
11.1.1.2.2 China: Plastic for Electric Vehicle Market, by Component
11.1.1.2.3 China Plastics for Electric Vehicle Market, by Vehicle Type
11.1.1.2.4 China Plastics for Electric Vehicle Market, by Application
11.1.1.3 India: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
11.1.1.3.1 India: Plastic for Electric Vehicle Market, by Plastic Type
11.1.1.3.2 India: Plastic for Electric Vehicle Market, by Components
11.1.1.3.3 India Plastics for Electric Vehicle Market, by Vehicle Type
11.1.1.3.4 India Plastics for Electric Vehicle Market, by Application
11.1.1.4 Japan: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
11.1.1.4.1 Japan: Plastic for Electric Vehicle Market, by Plastic Type
11.1.1.4.2 Japan Plastics for Electric Vehicle Market, by Component
11.1.1.4.3 Japan Plastics for Electric Vehicle Market, by Vehicle Type
11.1.1.4.4 Japan Plastics for Electric Vehicle Market, by Application
11.1.1.5 South Korea: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
11.1.1.5.1 South Korea: Plastic for Electric Vehicle Market, by Plastic Type
11.1.1.5.2 South Korea Plastics for Electric Vehicle Market, by Component
11.1.1.5.3 South Korea Plastics for Electric Vehicle Market, by Vehicle Type
11.1.1.5.4 South Korea Plastics for Electric Vehicle Market, by Application
11.1.1.6 Rest of APAC: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
11.1.1.6.1 Rest of APAC: Plastic for Electric Vehicle Market, by Plastic Type
11.1.1.6.2 Rest of APAC Plastics for Electric Vehicle Market, by Component
11.1.1.6.3 Rest of APAC Plastics for Electric Vehicle Market, by Vehicle Type
11.1.1.6.4 Rest of APAC Plastics for Electric Vehicle Market, by Application
12. Impact of COVID-19 Pandemic on Asia Pacific Plastics for Electric Vehicle Market
12.1 Overview
13. Industry Landscape
13.1 Merger and Acquisition
13.2 New Development
13.3 Investment Scenario
14. Company Profiles
14.1 BASF SE
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Solvay SA
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 DuPont de Nemours, Inc.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.4 The Dow Chemical Company
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 LG Chem Ltd.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Lanxess AG
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Sabic
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Covestro AG
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Asahi Kasei Corporation
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Lyondellbasell Industries Holdings B.V.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About the Publisher
15.2 Glossary
List of Tables
Table 1. Asia Pacific Plastics for Electric Vehicle Market -Revenue and Forecast to 2027 (US$ Million)
Table 2. Australia Plastics for Electric Vehicle Market, by Plastic Type - Revenue and Forecast to 2027 (US$ Million)
Table 3. Australia Plastics for Electric Vehicle Market, by Component - Revenue and Forecast to 2027 (US$ Million)
Table 4. Australia Plastics for Electric Vehicle Market, by Vehicle Type - Revenue and Forecast to 2027 (US$ Million)
Table 5. Australia Plastics for Electric Vehicle Market, by Application - Revenue and Forecast to 2027 (US$ Million)
Table 6. China Plastics for Electric Vehicle Market, by Plastic Type - Revenue and Forecast to 2027 (US$ Million)
Table 7. China Plastics for Electric Vehicle Market, by Component - Revenue and Forecast to 2027 (US$ Million)
Table 8. China Plastics for Electric Vehicle Market, by Vehicle Type - Revenue and Forecast to 2027 (US$ Million)
Table 9. China Plastics for Electric Vehicle Market, by Application - Revenue and Forecast to 2027 (US$ Million)
Table 10. India Plastics for Electric Vehicle Market, by Plastic Type - Revenue and Forecast to 2027 (US$ Million)
Table 11. India Plastics for Electric Vehicle Market, by Component - Revenue and Forecast to 2027 (US$ Million)
Table 12. India Plastics for Electric Vehicle Market, by Vehicle Type - Revenue and Forecast to 2027 (US$ Million)
Table 13. India Plastics for Electric Vehicle Market, by Application - Revenue and Forecast to 2027 (US$ Million)
Table 14. Japan Plastics for Electric Vehicle Market, by Plastic Type - Revenue and Forecast to 2027 (US$ Million)
Table 15. Japan Plastics for Electric Vehicle Market, by Component - Revenue and Forecast to 2027 (US$ Million)
Table 16. Japan Plastics for Electric Vehicle Market, by Vehicle Type - Revenue and Forecast to 2027 (US$ Million)
Table 17. Japan Plastics for Electric Vehicle Market, by Application - Revenue and Forecast to 2027 (US$ Million)
Table 18. South Korea Plastics for Electric Vehicle Market, by Plastic Type - Revenue and Forecast to 2027 (US$ Million)
Table 19. South Korea Plastics for Electric Vehicle Market, by Component - Revenue and Forecast to 2027 (US$ Million)
Table 20. South Korea Plastics for Electric Vehicle Market, by Vehicle Type - Revenue and Forecast to 2027 (US$ Million)
Table 21. South Korea Plastics for Electric Vehicle Market, by Application - Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of APAC Plastics for Electric Vehicle Market, by Plastic Type - Revenue and Forecast to 2027 (US$ Million)
Table 23. Rest of APAC Plastics for Electric Vehicle Market, by Component - Revenue and Forecast to 2027 (US$ Million)
Table 24. Rest of APAC Plastics for Electric Vehicle Market, by Vehicle Type - Revenue and Forecast to 2027 (US$ Million)
Table 25. Rest of APAC Plastics for Electric Vehicle Market, by Application - Revenue and Forecast to 2027 (US$ Million)
Table 26. Glossary of Terms, Asia Pacific Plastics for Electric Vehicle Market
List of Figures
Figure 1. Plastics for Electric Vehicle Market Segmentation
Figure 2. Plastics for Electric Vehicle Market Segmentation - By Country
Figure 3. Asia Pacific Plastics for Electric Vehicle Market Overview
Figure 4. Polypropylene Segment Held Largest Share of Asia Pacific Plastics for Electric Vehicle Market
Figure 5. China Country Held Largest Share of Asia Pacific Plastics for Electric Vehicle Market
Figure 6. Asia Pacific Plastics for Electric Vehicle Market, Industry Landscape
Figure 7. APAC: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Plastics for Electric Vehicle Market Impact Analysis Of Driver And Restraints
Figure 10. Asia Pacific Plastics for Electric Vehicles Market - Revenue and Forecast to 2027 (US$ Million)
Figure 11. Asia Pacific Plastics for Electric Vehicle Market Revenue Share, by Plastic Type (2019 and 2027)
Figure 12. Asia Pacific Acrylonitrile Butadiene Styrene (ABS): Plastics for Electric Vehicle Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Asia Pacific Polyamide (PA): Plastics for Electric Vehicle Market -Revenue and Forecast to 2027 (US$ Million)
Figure 14. Asia Pacific Polycarbonate (PC): Plastics for Electric Vehicle Market -Revenue and Forecast to 2027 (US$ Million)
Figure 15. Asia Pacific Polyvinyl Butyral: Plastics for Electric Vehicle Market -Revenue and Forecast to 2027 (US$ Million)
Figure 16. Asia Pacific Polyurethane (PU): Plastics for Electric Vehicle Market -Revenue and Forecast to 2027 (US$ Million)
Figure 17. Asia Pacific Polypropylene (PP): Plastics for Electric Vehicle Market -Revenue and Forecast to 2027 (US$ Million)
Figure 18. Asia Pacific Others: Plastics for Electric Vehicle Market -Revenue and Forecast to 2027 (US$ Million)
Figure 19. Asia Pacific Plastics for Electric Vehicle Market Revenue Share, by Component (2019 and 2027)
Figure 20. Asia Pacific Dashboard: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 21. Asia Pacific Seats: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 22. Asia Pacific Interior Trim: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 23. Asia Pacific Car Upholstery: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 24. Asia Pacific Bumper: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 25. Asia Pacific Others: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 26. Asia Pacific Plastics for Electric Vehicle Market Revenue Share, by Vehicle Type (2019 and 2027)
Figure 27. Asia Pacific BEV: Plastics for Electric Vehicle Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Asia Pacific PHEV/ HEV: Plastics for Electric Vehicle Market - Revenue, and Forecast to 2027 (US$ Million)
Figure 29. Asia Pacific Plastics for Electric Vehicle Market Revenue Share, by Application (2019 and 2027)
Figure 30. Asia Pacific Powertrain System / Under Bonnet: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 31. Asia Pacific Exterior: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 32. Asia Pacific Interior: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 33. Asia Pacific Lighting and Electric Wiring: Plastics for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 34. APAC: Plastic for Electric Vehicle Market Revenue Share, by Key Country (2019 and 2027)
Figure 35. Australia: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 36. China: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 37. India: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 38. Japan: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 39. South Korea: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 40. Rest of APAC: Plastic for Electric Vehicle Market - Revenue and Forecast to 2027 (US$ Million)
Figure 41. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BASF SE
  • Solvay SA
  • DuPont de Nemours, Inc.
  • The Dow Chemical Company
  • LG Chem Ltd.
  • Lanxess AG
  • Sabic
  • Covestro AG
  • Asahi Kasei Corporation
  • Lyondellbasell Industries Holdings B.V.