PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1774482
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1774482
Global Electric Vehicle (Car) Polymers Market Size Study & Forecast, by Type and Component, and Regional Forecasts 2025-2035
The Global Electric Vehicle (Car) Polymers Market is valued at approximately USD 53.26 billion in 2024 and is poised to accelerate at an astonishing compound annual growth rate (CAGR) of 67.00% during the forecast period from 2025 to 2035. Driven by the intensifying wave of electrification in the automotive sector, polymers have carved out a pivotal role as the industry reshapes around lightweight materials to enhance efficiency, battery range, and sustainability. As electric vehicles (EVs) transition from novelty to necessity, manufacturers are increasingly leaning on advanced polymers-ranging from high-performance engineering plastics to cutting-edge elastomers-to replace metal components, reduce weight, and streamline aerodynamics.
With electric drivetrains demanding superior insulation, high thermal resistance, and precise engineering, the adoption of polymers in EV components such as powertrains, interiors, and exteriors is becoming indispensable. Engineering plastics like polycarbonate (PC), polyamide (PA), acrylonitrile butadiene styrene (ABS), and polyphenylene sulfide (PPS) are being integrated into complex assemblies to support modular battery systems, high-voltage cabling, and under-the-hood applications. In tandem, elastomers such as synthetic rubber and fluoroelastomers are enhancing performance in tires, seals, and vibration-dampening structures. The rapid pace of automotive innovation and regulatory mandates for fuel economy and carbon neutrality are further catalyzing the market's momentum.
Regionally, North America stands as an innovation hub, driven by robust OEM presence, governmental electrification mandates, and a mature EV infrastructure ecosystem. Europe is close behind, fueled by its bold Green Deal targets, subsidies, and leadership in automotive R&D. Germany, the UK, and France are leading the pack in polymer innovation and EV production. Meanwhile, the Asia Pacific region is set to witness the fastest surge in market expansion. China, already the largest EV market globally, is supported by massive production capacity and favorable governmental policies. India, South Korea, and Japan are also accelerating their electric mobility agendas, creating fertile ground for polymer-based solutions tailored to climate durability and cost-efficiency.
Major market player included in this report are:
- BASF SE
- DuPont de Nemours, Inc.
- Covestro AG
- LG Chem Ltd.
- Solvay SA
- SABIC
- Lanxess AG
- Arkema S.A.
- Borealis AG
- Mitsubishi Chemical Group Corporation
- Celanese Corporation
- Dow Inc.
- Evonik Industries AG
- ExxonMobil Chemical Company
- Sumitomo Chemical Co., Ltd.
Global Electric Vehicle (Car) Polymers Market Report Scope:
- Historical Data - 2023, 2024
- Base Year for Estimation - 2024
- Forecast period - 2025-2035
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.
The detailed segments and sub-segments of the market are explained below:
By Type:
- Engineering Plastics
- Acrylonitrile Butadiene Styrene (ABS)
- Polyamide (PA)
- Polycarbonate (PC)
- Polyphenylene Sulfide (PPS)
- Fluoropolymer
- Elastomers
- Synthetic Rubber
- Natural Rubber
- Fluoroelastomer
By Component:
- Powertrain
- Exterior
- Interior
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2025 to 2035.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Electric Vehicle (Car) Polymers Market Report Scope & Methodology
- 1.1. Research Objective
- 1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
- 1.3. Research Attributes
- 1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
- 1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study
Chapter 2. Executive Summary
- 2.1. CEO/CXO Standpoint
- 2.2. Strategic Insights
- 2.3. ESG Analysis
- 2.4. Key Findings
Chapter 3. Global Electric Vehicle (Car) Polymers Market Forces Analysis
- 3.1. Market Forces Shaping the Global Electric Vehicle (Car) Polymers Market (2024-2035)
- 3.2. Drivers
- 3.2.1. Surge in EV adoption due to climate change policies and emission norms
- 3.2.2. Growing demand for lightweight materials to extend EV battery range
- 3.2.3. Technological advancements in polymer engineering for automotive applications
- 3.3. Restraints
- 3.3.1. High cost of advanced polymers compared to traditional materials
- 3.3.2. Recycling and sustainability challenges of automotive polymers
- 3.4. Opportunities
- 3.4.1. Rising investments in EV infrastructure and battery technologies
- 3.4.2. Emergence of biopolymers and recyclable plastics in automotive production
Chapter 4. Global Electric Vehicle (Car) Polymers Industry Analysis
- 4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Forecast Model (2024-2035)
- 4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top Investment Opportunities
- 4.5. Top Winning Strategies (2025)
- 4.6. Market Share Analysis (2024-2025)
- 4.7. Global Pricing Analysis and Trends 2025
- 4.8. Analyst Recommendation & Conclusion
Chapter 5. Global Electric Vehicle (Car) Polymers Market Size & Forecasts by Type 2025-2035
- 5.1. Market Overview
- 5.2. Global Electric Vehicle (Car) Polymers Market Performance - Potential Analysis (2025)
- 5.3. Engineering Plastics
- 5.3.1. Acrylonitrile Butadiene Styrene (ABS)
- 5.3.2. Polyamide (PA)
- 5.3.3. Polycarbonate (PC)
- 5.3.4. Polyphenylene Sulfide (PPS)
- 5.3.5. Fluoropolymer
- 5.4. Elastomers
- 5.4.1. Synthetic Rubber
- 5.4.2. Natural Rubber
- 5.4.3. Fluoroelastomer
Chapter 6. Global Electric Vehicle (Car) Polymers Market Size & Forecasts by Component 2025-2035
- 6.1. Market Overview
- 6.2. Global Electric Vehicle (Car) Polymers Market Performance - Potential Analysis (2025)
- 6.3. Powertrain
- 6.4. Exterior
- 6.5. Interior
Chapter 7. Global Electric Vehicle (Car) Polymers Market Size & Forecasts by Region 2025-2035
- 7.1. Electric Vehicle (Car) Polymers Market, Regional Market Snapshot
- 7.2. Top Leading & Emerging Countries
- 7.3. North America Electric Vehicle (Car) Polymers Market
- 7.3.1. U.S. Electric Vehicle (Car) Polymers Market
- 7.3.1.1. Type breakdown size & forecasts, 2025-2035
- 7.3.1.2. Component breakdown size & forecasts, 2025-2035
- 7.3.2. Canada Electric Vehicle (Car) Polymers Market
- 7.3.2.1. Type breakdown size & forecasts, 2025-2035
- 7.3.2.2. Component breakdown size & forecasts, 2025-2035
- 7.3.1. U.S. Electric Vehicle (Car) Polymers Market
- 7.4. Europe Electric Vehicle (Car) Polymers Market
- 7.4.1. UK Electric Vehicle (Car) Polymers Market
- 7.4.1.1. Type breakdown size & forecasts, 2025-2035
- 7.4.1.2. Component breakdown size & forecasts, 2025-2035
- 7.4.2. Germany Electric Vehicle (Car) Polymers Market
- 7.4.2.1. Type breakdown size & forecasts, 2025-2035
- 7.4.2.2. Component breakdown size & forecasts, 2025-2035
- 7.4.3. France Electric Vehicle (Car) Polymers Market
- 7.4.3.1. Type breakdown size & forecasts, 2025-2035
- 7.4.3.2. Component breakdown size & forecasts, 2025-2035
- 7.4.4. Spain Electric Vehicle (Car) Polymers Market
- 7.4.4.1. Type breakdown size & forecasts, 2025-2035
- 7.4.4.2. Component breakdown size & forecasts, 2025-2035
- 7.4.5. Italy Electric Vehicle (Car) Polymers Market
- 7.4.5.1. Type breakdown size & forecasts, 2025-2035
- 7.4.5.2. Component breakdown size & forecasts, 2025-2035
- 7.4.6. Rest of Europe Electric Vehicle (Car) Polymers Market
- 7.4.6.1. Type breakdown size & forecasts, 2025-2035
- 7.4.6.2. Component breakdown size & forecasts, 2025-2035
- 7.4.1. UK Electric Vehicle (Car) Polymers Market
- 7.5. Asia Pacific Electric Vehicle (Car) Polymers Market
- 7.5.1. China Electric Vehicle (Car) Polymers Market
- 7.5.1.1. Type breakdown size & forecasts, 2025-2035
- 7.5.1.2. Component breakdown size & forecasts, 2025-2035
- 7.5.2. India Electric Vehicle (Car) Polymers Market
- 7.5.2.1. Type breakdown size & forecasts, 2025-2035
- 7.5.2.2. Component breakdown size & forecasts, 2025-2035
- 7.5.3. Japan Electric Vehicle (Car) Polymers Market
- 7.5.3.1. Type breakdown size & forecasts, 2025-2035
- 7.5.3.2. Component breakdown size & forecasts, 2025-2035
- 7.5.4. Australia Electric Vehicle (Car) Polymers Market
- 7.5.4.1. Type breakdown size & forecasts, 2025-2035
- 7.5.4.2. Component breakdown size & forecasts, 2025-2035
- 7.5.5. South Korea Electric Vehicle (Car) Polymers Market
- 7.5.5.1. Type breakdown size & forecasts, 2025-2035
- 7.5.5.2. Component breakdown size & forecasts, 2025-2035
- 7.5.6. Rest of Asia Pacific Electric Vehicle (Car) Polymers Market
- 7.5.6.1. Type breakdown size & forecasts, 2025-2035
- 7.5.6.2. Component breakdown size & forecasts, 2025-2035
- 7.5.1. China Electric Vehicle (Car) Polymers Market
- 7.6. Latin America Electric Vehicle (Car) Polymers Market
- 7.6.1. Brazil Electric Vehicle (Car) Polymers Market
- 7.6.1.1. Type breakdown size & forecasts, 2025-2035
- 7.6.1.2. Component breakdown size & forecasts, 2025-2035
- 7.6.2. Mexico Electric Vehicle (Car) Polymers Market
- 7.6.2.1. Type breakdown size & forecasts, 2025-2035
- 7.6.2.2. Component breakdown size & forecasts, 2025-2035
- 7.6.1. Brazil Electric Vehicle (Car) Polymers Market
- 7.7. Middle East and Africa Electric Vehicle (Car) Polymers Market
- 7.7.1. UAE Electric Vehicle (Car) Polymers Market
- 7.7.1.1. Type breakdown size & forecasts, 2025-2035
- 7.7.1.2. Component breakdown size & forecasts, 2025-2035
- 7.7.2. Saudi Arabia Electric Vehicle (Car) Polymers Market
- 7.7.2.1. Type breakdown size & forecasts, 2025-2035
- 7.7.2.2. Component breakdown size & forecasts, 2025-2035
- 7.7.3. South Africa Electric Vehicle (Car) Polymers Market
- 7.7.3.1. Type breakdown size & forecasts, 2025-2035
- 7.7.3.2. Component breakdown size & forecasts, 2025-2035
- 7.7.1. UAE Electric Vehicle (Car) Polymers Market
Chapter 8. Competitive Intelligence
- 8.1. Top Market Strategies
- 8.2. BASF SE
- Company Overview
- Key Executives
- Company Snapshot
- Financial Performance (Subject to Data Availability)
- Product/Services Port
- Recent Development
- Market Strategies
- SWOT Analysis
- 8.3. DuPont de Nemours, Inc.
- 8.4. Covestro AG
- 8.5. LG Chem Ltd.
- 8.6. Solvay SA
- 8.7. SABIC
- 8.8. Lanxess AG
- 8.9. Arkema S.A.
- 8.10. Borealis AG
- 8.11. Mitsubishi Chemical Group Corporation
- 8.12. Celanese Corporation
- 8.13. Dow Inc.
- 8.14. Evonik Industries AG
- 8.15. ExxonMobil Chemical Company
- 8.16. Sumitomo Chemical Co., Ltd.
