Request Sample Inquiry
Engineered Polymers in Electric Charging Infrastructure Market

Engineered Polymers in Electric Charging Infrastructure Market

Engineered Polymers in Electric Charging Infrastructure Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

142

Base Year:

2021

Date

Jul - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1761

Segments Covered
  • By Application Engineered Polymer Plastics, Elastomers
  • By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: USD 145.2 Million
Revenue 2028Revenue 2028: USD 935.1 Million
Revenue CAGRRevenue CAGR (2022 - 2028): 36.4%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Largest Region Largest Region (2021): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Engineered Polymers in Electric Charging Infrastructure Market Share

Market Synopsis:

The Global Engineered Polymers in Electric Charging Infrastructure Market was valued at USD 145.2 Million in the year 2021 and is forecast to reach a value of USD 935.1 Million by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 36.4% over the forecast period.

Engineered Polymers in Electric Charging Infrastructure Market Size, 2021 To 2028 (USD Million)

Engineered polymers are anticipated to witness high growth in demand over the coming years across various industry verticals as their application scope expands. The world is seeing a paradigm shift toward electric vehicles, and the world is expected to phase out fossil-powered cars over the coming years. An increasing focus on sustainability is expected to drive the adoption of electric vehicles and increase the demand for robust charging infrastructure. The use of Engineered Polymers in Electric Charging Infrastructure is expected to rise exponentially over the forecast period as the popularity of electric vehicles increases worldwide. Developed nations are anticipated to mention the most lucrative markets for Engineered Polymers in Electric Charging Infrastructure providers. Developing countries are expected to witness new growth opportunities over the coming years as the focus on sustainability and the popularity of electric vehicles increases worldwide.

Market Segmentation:

The Engineered Polymers in Electric Charging Infrastructure Market is segmented based on application. Based on application, the market is segmented as Engineered Polymer Plastics and Elastomers.

Below tree is interactive. You can click the nodes to get more information.

Based on Application:

The market is segmented based on applications: Engineered Polymer Plastics and Elastomers. The use of engineered polymer plastics is expected to lead to the Engineered Polymers in Electric Charging Infrastructure Market growth over the forecast period. In addition, the focus on creating a durable yet sustainable infrastructure is expected to boost demand for engineered polymers, and stringent mandates to reduce the use of plastics are expected to bolster the growth of engineered polymers.

North America Accounts for a Dominant Market Share

North America accounted for a dominant market share of 43.9% in 2021 and is projected to maintain this stance across the forecast period. North America is known for the rapid adoption of novel technologies, which is projected to drive the Engineered Polymers in Electric Charging Infrastructure Market growth across the forecast period. Increasing prices of fossil fuels and rising focus on sustainability are expected to be popular trends that fuel demand for Engineered Polymers in Electric Charging Infrastructure. Canada and the U. S. are anticipated to be the prime markets in this region over the years to come. The presence of critical electric vehicle manufacturers and increasing investments in developing electric vehicle charging infrastructure are expected to bolster further Engineered Polymers in Electric Charging Infrastructure Market potential through 2028.

The Asia Pacific region is expected to hold a significant market share and witness high demand for Engineered Polymers in Electric Charging Infrastructure as the popularity of electric vehicles increases in this region. In addition, increasing focus on sustainability and supportive government initiatives to build a charging infrastructure is expected to boost Engineered Polymers in Electric Charging Infrastructure Market potential across the forecast period. As a result, India and China are expected to be notable markets in this region through 2028.

Competitive Landscape:

The key players in the Global Engineered Polymers in Electric Charging Infrastructure Market include- AGC Chemicals Americas Inc., ASAHI KASEI CORPORATION, BASF SE, Dow Chemical Company, COVESTRO AG, Daikin Industries Ltd., Evonik Industries AG, Royal DSM NV, Mitsubishi Chemical Corporation, Sumitomo Chemical Company Limited, and others.

Segmentation of the Global Engineered Polymers in Electric Charging Infrastructure Market:

Parameter Details
Segments Covered
  • Application (Engineered Polymer Plastics, Elastomers)
  • Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • AGC Chemicals Americas Inc.
  • ASAHI KASEI CORPORATION
  • BASF SE
  • Dow Chemical Company
  • COVESTRO AG
  • Daikin Industries Ltd.
  • Evonik Industries AG
  • Royal DSM NV
  • Mitsubishi Chemical Corporation
  • Sumitomo Chemical Company Limited
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Engineered Polymers in Electric Charging Infrastructure Market to Reach Valuation of USD 935.1 Million by 2028 – Fast Growth in the Automotive Spare Part Sector Drives the Market
In terms of revenue, the Global Engineered Polymers in Electric Charging Infrastructure Market is expected to reach USD 935.1 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 36.4% from 2022 to 2028. Polymeric materials are considered the most essential manufactured component in...
FAQ
Frequently Asked Question
  • The global Engineered Polymers in Electric Charging Infrastructure valued at USD 145.2 Million in 2020 and is expected to reach USD 935.1 Million in 2028 growing at a CAGR of 36.4%.

  • The prominent players in the market are AGC Chemicals Americas Inc., ASAHI KASEI CORPORATION, BASF SE, Dow Chemical Company, COVESTRO AG, Daikin Industries Ltd., Evonik Industries AG, Royal DSM NV, Mitsubishi Chemical Corporation, Sumitomo Chemical Company Limited.

  • The market is project to grow at a CAGR of 36.4% between 2021 and 2028.

  • The driving factors of the Engineered Polymers in Electric Charging Infrastructure include

    • Increase in sales of electric cars globally

  • North America was the leading regional segment of the Engineered Polymers in Electric Charging Infrastructure in 2020.

Related Reports