The global electric vehicle (car) polymers market was valued at nearly USD 19.19 Billion in 2024 and is expected to grow at a CAGR of 61.00% during the forecast period of 2025-2034 to attain USD 2.24 trillion by 2034.
Market Segmentation
Electric vehicle polymers are the polymers used to reduce the weight of electric cars without affecting the car’s performance. The market can be broadly categorised based on components and types.Market Breakup by Component
- Exterior
- Interior
- Powertrain System
Market Breakup by Type
- Elastomers
- Engineering Plastics
Market Breakup by Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Market Analysis
Factors such as the rising demand for electric vehicles from the Asia-Pacific’s emerging economies, the rapid rise in government regulations, and the rising infrastructure development are driving the market growth. Also, the growing demand for the adoption of new electrical car components serves as a significant market growth opportunity. However, the rising polymer prices might hinder the overall development of the electric vehicle (car) polymers industry.Competitive Landscape
The report presents a detailed analysis of the following key players in the global electric vehicle (car) polymers industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:- DuPont de Nemours, Inc. (NYSE: DD)
- ARLANXEO Holding B.V.
- LyondellBasell Industries Holdings N.V.
- Covestro AG
- LANXESS
- Others
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Electric Vehicle (Car) Polymers Market Analysis
6 North America Electric Vehicle (Car) Polymers Market Analysis
7 Europe Electric Vehicle (Car) Polymers Market Analysis
8 Asia-Pacific Electric Vehicle (Car) Polymers Market Analysis
9 Latin America Electric Vehicle (Car) Polymers Market Analysis
10 Middle East and Africa Electric Vehicle (Car) Polymers Market Analysis
11 Market Dynamics
13 Competitive Landscape
Companies Mentioned
The key companies featured in this Electric Vehicle (Car) Polymers market report include:- DuPont de Nemours, Inc. (NYSE: DD)
- LyondellBasell Industries Holdings B.V.
- Covestro AG
- LANXESS
- ARLANXEO Holding B.V.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 178 |
| Published | August 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( USD | $ 19.19 Billion |
| Forecasted Market Value ( USD | $ 2240 Billion |
| Compound Annual Growth Rate | 61.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 6 |
