KEY FINDINGS
The Asia Pacific electric vehicle polymer market is predicted to record high growth at a CAGR of 36.28% over the estimated period of 2020-2028. Implementation of regulations related to low CO2 emissions and the subsidies for electric and hybrid vehicles is driving the region to achieve significant market growth.
MARKET INSIGHTS
The Asia Pacific electric vehicle polymer market is further surveyed by segregating the region into Japan, South Korea, India, Thailand, China, Vietnam, Indonesia, and the rest of Asia Pacific that includes Singapore, Malaysia, Philippines, Taiwan, and other countries. In Indonesia, the government is encouraging the development of the electric car and related infrastructure to be a part of the LCEV program. Indonesia is expected to witness rapid electric vehicle growth due to presidential decree 55/2019. Under this legislation, the country is expected to constitute 20% of the vehicle market by 2025, and prompts EV market growth, along with energy efficiency and security and clean air quality. While the decree supports the importers for a limited time, the bulk of incentives support the EV infrastructure. In countries like Thailand, the government announced a policy in 2020 to make the country a hub for electric vehicles in the next five years. The plan includes the use of electric vehicles by government organizations and state enterprises, the introduction of electric buses and electric motorcycle taxis, and building of charging stations.
The Vietnamese car industry is one of the fastest-growing in South East Asia. The launching of a new national prestige project Vinfast, a subsidiary of Vingroup, is further anticipated to supplement the market growth. Singapore's central government is ardently concentrating on the adoption and enhancement of electric vehicles in the country.
COMPETITIVE INSIGHTS
Asahi Kasei Corporation, Arkema SA, Daikin Industries, Ltd, China Petroleum & Chemical Corporation, JSR Corporation, etc. are some of the prominent companies operating in the market.
Our report offerings include:
-Explore key findings of the overall market
-Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
-Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
-Market Segmentation cater to a thorough assessment of key segments with their market estimations
-Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
-Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
-Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
-Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Asia Pacific Electric Vehicle Polymer Market Forecast 2020-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Definition
3.2. Key Drivers
3.2.1. Rise In Adoption Of High Performance Polymers In Electric Vehicles
3.2.2. Positive Outlook For Electric Vehicle Industry
3.2.3. Proactive Government Policies Encouraging The Use Of Electric Vehicles
3.3. Key Restraints
3.3.1. Volatile Raw Material Prices Of Polymers
3.3.2. Lack Of Adequate Ev Charging Stations
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Regulatory Framework - Electric Vehicles
5. Market By Type
5.1. Engineering Plastics
5.1.1. Acrylonitrile Butadiene Styrene (Abs)
5.1.2. Polyamide (Pa)
5.1.3. Polycarbonate (Pc)
5.1.4. Polyurethane (Pu)
5.1.5. Polypropylene (Pp)
5.1.6. Polyvinyl Chloride (Pvc)
5.1.7. Poly Methyl Methacrylate (Pmma)
5.1.8. Polyethylene (Pe)
5.1.9. Other Engineering Plastics
5.2. Elastomers
5.2.1. Rubber
5.2.2. Silicone Elastomer
5.2.3. Fluoro Elastomer
5.2.4. Other Elastomers
5.3. Other Types
6. Market By Application
6.1. Powertrain
6.2. External
6.3. Internal
7. Geographical Analysis
7.1. Asia Pacific
7.1.1. China
7.1.2. Japan
7.1.3. India
7.1.4. South Korea
7.1.5. Indonesia
7.1.6. Thailand
7.1.7. Vietnam
7.1.8. Rest Of Asia Pacific
8. Company Profiles
8.1. Agc Chemicals Americas Inc
8.2. Arkema Sa
8.3. Asahi Kasei Corporation
8.4. Basf Se
8.5. Celanese Corporation
8.6. China Petroleum & Chemical Corporation (Sinopec)
8.7. Covestro Ag
8.8. Daikin Industries Ltd
8.9. Dupont
8.10. Elkem Asa
8.11. Evonik Industries Ag
8.12. Jsr Corporation
8.13. Lanxess Ag
8.14. Lg Chem Ltd
8.15. Lyondellbasell Industries Nv
8.16. Mitsubishi Chemical Holdings Corporation
8.17. Royal Dsm Nv
8.18. Saudi Basic Industries Corporation (Sabic)
8.19. Solvay Sa
8.20. Sumitomo Chemical Company Limited
List of Tables
Table 1: Market Snapshot - Electric Vehicle Polymer
Table 2: Overview Of Policies Regarding Ev's By Major Countries
Table 3: List Of Few Merger & Acquisition In Electric Vehicle & Polymers Industry
Table 4: Regulatory Framework - Electric Vehicles
Table 5: Asia Pacific Electric Vehicle Polymer Market, By Type, Historical Years, 2016-2019 (In $ Million)
Table 6: Asia Pacific Electric Vehicle Polymer Market, By Type, Forecast Years, 2020-2028 (In $ Million)
Table 7: Asia Pacific Electric Vehicle Polymer Market, By Engineering Plastics, Historical Years, 2016-2019 (In $ Million)
Table 8: Asia Pacific Electric Vehicle Polymer Market, By Engineering Plastics, Forecast Years, 2020-2028 (In $ Million)
Table 9: Asia Pacific Electric Vehicle Polymer Market, By Elastomers, Historical Years, 2016-2019 (In $ Million)
Table 10: Asia Pacific Electric Vehicle Polymer Market, By Elastomers, Forecast Years, 2020-2028 (In $ Million)
Table 11: Asia Pacific Electric Vehicle Polymer Market, By Application, Historical Years, 2016-2019 (In $ Million)
Table 12: Asia Pacific Electric Vehicle Polymer Market, By Application, Forecast Years, 2020-2028 (In $ Million)
Table 13: Asia Pacific Electric Vehicle Polymer Market, By Country, Historical Years, 2016-2019 (In $ Million)
Table 14: Asia Pacific Electric Vehicle Polymer Market, By Country, Forecast Years, 2020-2028 (In $ Million)
List of Figures
Figure 1: Key Investment Insights
Figure 2: Porter's Five Force Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Asia Pacific Electric Vehicle Polymer Market, Growth Potential, By Type, In 2019
Figure 6: Asia Pacific Electric Vehicle Polymer Market, By Engineering Plastics, 2020-2028 (In $ Million)
Figure 7: Asia Pacific Electric Vehicle Polymer Market, Growth Potential, By Engineering Plastics, In 2019
Figure 8: Asia Pacific Electric Vehicle Polymer Market, By Acrylonitrile Butadiene Styrene (Abs), 2020-2028 (In $ Million)
Figure 9: Asia Pacific Electric Vehicle Polymer Market, By Polyamide (Pa), 2020-2028 (In $ Million)
Figure 10: Asia Pacific Electric Vehicle Polymer Market, By Polycarbonate (Pc), 2020-2028 (In $ Million)
Figure 11: Asia Pacific Electric Vehicle Polymer Market, By Polyurethane (Pu), 2020-2028 (In $ Million)
Figure 12: Asia Pacific Electric Vehicle Polymer Market, By Polypropylene (Pp), 2020-2028 (In $ Million)
Figure 13: Asia Pacific Electric Vehicle Polymer Market, By Polyvinyl Chloride (Pvc), 2020-2028 (In $ Million)
Figure 14: Asia Pacific Electric Vehicle Polymer Market, By Poly Methyl Methacrylate (Pmma), 2020-2028 (In $ Million)
Figure 15: Asia Pacific Electric Vehicle Polymer Market, By Polyethylene (Pe), 2020-2028 (In $ Million)
Figure 16: Asia Pacific Electric Vehicle Polymer Market, By Other Engineering Plastics, 2020-2028 (In $ Million)
Figure 17: Asia Pacific Electric Vehicle Polymer Market, By Elastomers, 2020-2028 (In $ Million)
Figure 18: Asia Pacific Electric Vehicle Polymer Market, Growth Potential, By Elastomers, In 2019
Figure 19: Asia Pacific Electric Vehicle Polymer Market, By Rubber, 2020-2028 (In $ Million)
Figure 20: Asia Pacific Electric Vehicle Polymer Market, By Silicone Elastomer, 2020-2028 (In $ Million)
Figure 21: Asia Pacific Electric Vehicle Polymer Market, By Fluoro Elastomer, 2020-2028 (In $ Million)
Figure 22: Asia Pacific Electric Vehicle Polymer Market, By Other Elastomers, 2020-2028 (In $ Million)
Figure 23: Asia Pacific Electric Vehicle Polymer Market, By Other Types, 2020-2028 (In $ Million)
Figure 24: Asia Pacific Electric Vehicle Polymer Market, Growth Potential, By Application, In 2019
Figure 25: Asia Pacific Electric Vehicle Polymer Market, By Powertrain, 2020-2028 (In $ Million)
Figure 26: Asia Pacific Electric Vehicle Polymer Market, By External, 2020-2028 (In $ Million)
Figure 27: Asia Pacific Electric Vehicle Polymer Market, By Internal, 2020-2028 (In $ Million)
Figure 28: Asia Pacific Electric Vehicle Polymer Market, Regional Outlook, 2019 & 2028 (In %)
Figure 29: China Electric Vehicle Polymer Market, 2020-2028 (In $ Million)
Figure 30: Japan Electric Vehicle Polymer Market, 2020-2028 (In $ Million)
Figure 31: India Electric Vehicle Polymer Market, 2020-2028 (In $ Million)
Figure 32: South Korea Electric Vehicle Polymer Market, 2020-2028 (In $ Million)
Figure 33: Indonesia Electric Vehicle Polymer Market, 2020-2028 (In $ Million)
Figure 34: Thailand Electric Vehicle Polymer Market, 2020-2028 (In $ Million)
Figure 35: Vietnam Electric Vehicle Polymer Market, 2020-2028 (In $ Million)
Figure 36: Rest Of Asia Pacific Electric Vehicle Polymer Market, 2020-2028 (In $ Million)
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