Plastics in Electric Vehicles Market Development and Trends Forecasts Report 2017-2022

Electric vehicles market makes use of plastics to good effect in place of traditional metals thereby reducing weight of vehicle. The net effect here is that petrol consumption is drastically reduced to the tune of 750 liters and green effect is observed thanks to lower carbon dioxide emissions. By Application, plastics in electric vehicles market are made up of cooling pipes, fans, reinforcements and others. Segmentation of plastics in electric vehicles market By Type comprises polyurethane, polyamide, polybutenol, and ABS. By vehicle type, plastics in electric vehicles market is segmented into hybrid electric vehicles (HEV), plug-in hybrid electric vehicles and battery electric vehicles (BEV). By region, segmentation of plastics in electric vehicles market comprises North America, Europe, Asia Pacific, MEA and Latin America. Markets in North America are buoyant and are witnessing marked electric car sales because of a concentrated drive towards adoption of non-polluting vehicles.