Electric Vehicle
Plastics Industry: Rising Demand for Electric Vehicle Plastics Components

Introduction to Electric
Vehicle Plastics Industry

Electric vehicles (EVs) are automobiles that are powered by electric motors
rather than internal combustion engines, which use energy stored in
rechargeable battery packs. EVs offer promise for reducing emissions associated
with transportation and reliance on fossil fuels. Despite encountering numerous
challenges since their introduction in the late 19th century, EVs are gaining
wider acceptance and availability amid growing environmental concerns. EVs held
about 2.6% share of the global passenger vehicle market in 2021 and are
projected to rise to about 15-30% by 2030. This rapid anticipated growth is
spurring increased demand for plastics components in EVs.



Growing Use of Electric Vehicle Plastics
Industry

Plastics are increasingly being used in Electric
vehicles Plastics due to their lightweight properties, versatility, and
corrosion resistance compared to metals. Common plastic polymers used in EV
manufacturing include polypropylene (PP), acrylonitrile butadiene styrene (ABS),
nylon, polycarbonate (PC), polyurethane (PU), and polyethylene terephthalate
(PET).



Body Exteriors and Interiors

Automakers are utilizing plastics such as PP, PC, and ABS in car body panels
like bumpers, fenders, hoods, and side panels to reduce vehicle weight and
improve performance. Plastics also offer design flexibility for aerodynamic
styling. Interior plastic components include instrument panels, door panels,
consoles, seats, and trim made from materials like PP, TPO, PUR, and PC.
Lighter vehicle weight enhances driving range.

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