GLOBAL ELECTRIC VEHICLE PLASTICS MARKET 2022-2028

Chemicals & Materials | Plastic

GLOBAL ELECTRIC VEHICLE PLASTICS MARKET 2022-2028

Market by Electric Vehicle Type, Component, Plastic Type, and Regional Outlook | Forecast 2022-2028

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Owing to their easy moldability and high versatility, plastics make an ideal choice of material for manufacturing electric vehicles (EV). The use of plastics in EVs also enhances the durability and weight of the vehicles, thereby improving the range between each recharge. Plastics also offer great heat resistance, which enables efficient cooling and construction of battery compartments, without hindering the safety and durability of EVs.

Automobile manufacturing is now moving towards making vehicles more fuel-efficient and reducing greenhouse gas emissions. There has also been a rising emphasis on cost-effectiveness, adoption of advanced technology, convenience, and environmental sustainability. All these factors are driving the demand for electric vehicles across the world.

According to Triton Market Research’s report, the Global Electric Vehicle Plastics Market was valued at $1079.55 million in 2021 and is expected to reach $7002.65 million by 2028, growing at a CAGR of 30.48% during the forecast period 2022-2028.




Click here to check out our blog on the Global Electric Vehicle Plastics Market

 

MARKET PERFORMANCE – DRIVERS, CHALLENGES, AND TRENDS

The increasing significance of high-performance plastic to assure safety & security and the growing emphasis on electric vehicle lightweighting are key drivers of the electric vehicle plastics market. Because vehicle light-weighting has been a motto for the past decade, it will become even more vital to offset heavy batteries, which will assist the plastics industry. The primary reason OEMs choose metal-to-plastic conversion and injection molded plastic components is to save weight. Lighter electric vehicles have a longer range between recharges, which is becoming a must-have for customers when considering a purchase.

However, the slow adoption of electric vehicles and electric vehicle plastics’ recycling issues are major challenges for the electric vehicle plastics market. Despite the fact that the International Energy Agency (IEA) reports that the publicly accessible battery chargers are being deployed at an increasing rate around the world, there is still a notion that they aren’t enough to keep electric cars on the road. And that impression is not unfounded. As per a study, one of the biggest consumer concerns regarding electric cars globally is the lack of charging points, which is hampering their adoption.

In addition, the use of bioplastic in electric vehicles is becoming a new trend and solution for the issue of recycling. Leading automotive manufacturers and suppliers throughout the world are rapidly turning to bioplastics, including bio-based polyesters and bio-based polyamides, to lessen their products’ environmental impact. For the time being, the car industry has dodged attention over plastic pollution, as scientists and researchers explore alternatives to traditional polymers. As a result, automakers are gravitating toward bioplastics in order to stay ahead of the curve in the age of green technologies.

 


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KEY GEOGRAPHIES COVERED:

•         North America: United States and Canada

•         Europe: United Kingdom, France, Germany, Spain, Italy, Norway, Netherlands, and Rest of Europe

•         Asia-Pacific: China, Japan, India, Australia, South Korea, ASEAN Countries, Australia, New Zealand, and Rest of Asia-Pacific

•         Latin America: Brazil, Mexico, and Rest of Latin America

•        Middle East and Africa: Saudi Arabia, Turkey, United Arab Emirates, South Africa, and Rest of Middle East & Africa

 

SEGMENTATION ANALYSIS – ELECTRIC VEHICLE PLASTICS MARKET:

•         By Electric Vehicle Type

o        BEV   

o        HEV/PHEV   

BEV is assessed to advance with the most elevated CAGR during the projected timeframe. Battery electric vehicles (BEVs) have been used for a long time, largely in the form of off-road vehicles, including tugs, golf carts, and tractors; but electric cars for highways and daily use have never had much success due to their high initial costs, as well as range-per-charge and time-to-recharge constraints. BEVs are the simplest type of EV from a conceptual perspective, using electrical power from a single source, the electrochemical battery, to power one or more electric motors.

•         By Component      

o        Powertrain   

o        External       

o        Internal

Internal leads the market in terms of revenue. Dashboard, electric circuit kit, buttons, etc., are the interior applications of plastic in electric vehicles. The cabin of an electric vehicle is the focal point. Whether the car is electric, driverless, or shared, passenger comfort has become a priority. That is to say, amazing design is only the beginning. It entails more long-lasting, quieter, safer, and environment-friendly vehicle interiors that complement the vehicles and their occupants. Automotive interiors require creative freedom and production efficiencies as the manufacturing landscape advances.

•         By Plastic Type    

o        Polyurethane (PU)  

o        Polyamide (PA)      

o        Acrylonitrile Butadiene Styrene (ABS)    

o        Polypropylene (PP)

o        Polycarbonate (PC)

o        Other Electric Vehicle Plastic Types

 

 

COMPETITIVE LANDSCAPE:

The electric vehicle plastics market by company profile helps dive into data about the key players in this industry. The strategic initiatives for each of the companies considered have been covered in detail.

Acquisition (March 2022): Covestro AG and Royal DSM

The Resins & Functional Materials business (RFM) of the Dutch corporation Royal DSM was acquired by Covestro AG. Covestro and DSM reached an acquisition deal in September 2020, which obtained regulatory approval.

 

Product Launch (March 2022): Evonik Industries

The “Pure Performance Battery” developed by Evonik is a new generation of BEV battery packs (PPB). The new holistic battery system concept is based on Sheet Molding Compound (SMC) technology created using Evonik’s curing agents and provides the automobile industry with a safe, lightweight, and most crucially cost-effective alternative to existing heavier metal-based systems.

 

 

Key Benefits & Deliverables of the Report:

    Triton Market Research has a collective experience of 25-30 years in the industry, with its analysts and experts encompassing the most infallible research methodology for its market intelligence and industry analysis.

 

      Our research methodology helps in achieving a broader consensus of the market size, shape, and industry trends within each industry segment.

 

  The strategy adopted in designing the research methodology includes the amalgamation of the information assembled from primary and secondary sources, with the assistance of analytical tools to construct the forecast and predictive models.

 

    The scope of the market report comprises the current scenario of the global application security market, along with the detailed overview of the industry outlook, market dynamics, segmentation analysis, regional outlook, and competitive landscape for the period 2022-2028.


FAQs:

Q 1) What is the forecast period for the electric vehicle plastics market report?

The forecast period for the electric vehicle plastics market report is 2022-2028.

Q 2) Which sub-segment of the electric vehicle plastics market is the fastest-growing?

The powertrain sub-segment of the electric vehicle plastics market is the fastest-growing.

Q 3) Which are the top players in the electric vehicle plastics market?

Mitsui Chemicals, Covestro AG, Dow Chemical Company, Asahi Kasei Corp., Hanwha Azdel Inc, Lanxess Corporation, DuPont, Momentive Performance Materials, LyondellBasell Industries NV, Plastic Omnium, Ineos Capital Ltd, BASF SE, Evonik Industries, and Sumimoto Chemical Co Ltd are the top players in the electric vehicle plastics market.

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Table of Content

1. GLOBAL ELECTRIC VEHICLE PLASTICS MARKET – SUMMARY       

2. INDUSTRY OUTLOOK 

2.1. IMPACT OF COVID-19 ON THE ELECTRIC VEHICLE PLASTICS INDUSTRY

2.2. EVOLUTION & TRANSITION OF ELECTRIC VEHICLE PLASTICS        

2.3. KEY INSIGHTS    

2.3.1. USAGE OF ANTI-MICROBIAL PLASTICS/ADDITIVES IN ELECTRIC VEHICLES         

2.3.2. USE OF BIOPLASTIC IN ELECTRIC VEHICLES        

2.3.3. INCREASE IN ELECTRIC BUS & HEAVY-DUTY TRUCK (HDT) REGISTRATION IN 2020     

2.4. PORTER’S FIVE FORCES ANALYSIS 

2.4.1. THREAT OF NEW ENTRANTS    

2.4.2. THREAT OF SUBSTITUTE

2.4.3. BARGAINING POWER OF BUYERS      

2.4.4. BARGAINING POWER OF SUPPLIERS 

2.4.5. THREAT OF COMPETITIVE RIVALRY   

2.5. KEY IMPACT ANALYSIS

2.5.1. SUPERIOR TECHNOLOGY        

2.5.2. APPLICATION        

2.5.3. EFFICIENCY

2.5.4. COST-EFFECTIVENESS   

2.6. MARKET ATTRACTIVENESS INDEX  

2.7. VENDOR SCORECARD  

2.8. INDUSTRY COMPONENTS      

2.9. REGULATORY FRAMEWORK

2.10. KEY MARKET STRATEGIES  

2.10.1. ACQUISITIONS    

2.10.2. PRODUCT DEVELOPMENTS    

2.10.3. BUSINESS EXPANSIONS         

2.11. MARKET DRIVERS      

2.11.1. INCREASING SIGNIFICANCE OF HIGH-PERFORMANCE PLASTIC TO ASSURE SAFETY AND SECURITY         

2.11.2. EMPHASIS ON ELECTRIC VEHICLE LIGHTWEIGHTING  

2.12. MARKET CHALLENGES         

2.12.1. SLOW ADOPTION OF ELECTRIC VEHICLES

2.12.2. ELECTRIC VEHICLE PLASTIC RECYCLING ISSUES        

2.13. MARKET OPPORTUNITIES    

2.13.1. ENHANCED POPULARITY OF ELECTRIC MICROMOBILITY DUE TO THE PANDEMIC

2.13.2. SPENDING ON ELECTRIC VEHICLES BY BOTH CONSUMERS & GOVERNMENT ON THE RISE   

2.13.3. STRINGENT EMISSION STANDARDS TO DRIVE ELECTRIFICATION   

3. GLOBAL ELECTRIC VEHICLE PLASTICS MARKET OUTLOOK – BY ELECTRIC VEHICLE TYPE   

3.1. BEV 

3.2. HEV/PHEV 

4. GLOBAL ELECTRIC VEHICLE PLASTICS MARKET OUTLOOK – BY COMPONENT   

4.1. POWERTRAIN     

4.2. EXTERNAL

4.3. INTERNAL 

5. GLOBAL ELECTRIC VEHICLE PLASTICS MARKET OUTLOOK – BY PLASTIC TYPE 

5.1. POLYURETHANE (PU)   

5.2. POLYAMIDE (PA) 

5.3. ACRYLONITRILE BUTADIENE STYRENE (ABS)     

5.4. POLYPROPYLENE (PP) 

5.5. POLYCARBONATE (PC)

5.6. OTHER ELECTRIC VEHICLE PLASTIC TYPES       

6. GLOBAL ELECTRIC VEHICLE PLASTICS MARKET – REGIONAL OUTLOOK        

6.1. NORTH AMERICA

6.1.1. MARKET BY ELECTRIC VEHICLE TYPE         

6.1.2. MARKET BY COMPONENT        

6.1.3. MARKET BY PLASTIC TYPE      

6.1.4. COUNTRY ANALYSIS       

6.1.4.1. UNITED STATES      

6.1.4.2. CANADA        

6.2. EUROPE    

6.2.1. MARKET BY ELECTRIC VEHICLE TYPE         

6.2.2. MARKET BY COMPONENT        

6.2.3. MARKET BY PLASTIC TYPE      

6.2.4. COUNTRY ANALYSIS       

6.2.4.1. UNITED KINGDOM   

6.2.4.2. GERMANY     

6.2.4.3. FRANCE         

6.2.4.4. ITALY   

6.2.4.5. NORWAY       

6.2.4.6. NETHERLANDS        

6.2.4.7. SPAIN  

6.2.4.8. REST OF EUROPE   

6.3. ASIA-PACIFIC      

6.3.1. MARKET BY ELECTRIC VEHICLE TYPE         

6.3.2. MARKET BY COMPONENT        

6.3.3. MARKET BY PLASTIC TYPE      

6.3.4. COUNTRY ANALYSIS       

6.3.4.1. CHINA  

6.3.4.2. JAPAN 

6.3.4.3. INDIA   

6.3.4.4. SOUTH KOREA        

6.3.4.5. ASEAN COUNTRIES

6.3.4.6. AUSTRALIA & NEW ZEALAND      

6.3.4.7. REST OF ASIA-PACIFIC     

6.4. LATIN AMERICA  

6.4.1. MARKET BY ELECTRIC VEHICLE TYPE         

6.4.2. MARKET BY COMPONENT        

6.4.3. MARKET BY PLASTIC TYPE      

6.4.4. COUNTRY ANALYSIS       

6.4.4.1. BRAZIL

6.4.4.2. MEXICO         

6.4.4.3. REST OF LATIN AMERICA 

6.5. MIDDLE EAST AND AFRICA    

6.5.1. MARKET BY ELECTRIC VEHICLE TYPE         

6.5.2. MARKET BY COMPONENT        

6.5.3. MARKET BY PLASTIC TYPE      

6.5.4. COUNTRY ANALYSIS       

6.5.4.1. UNITED ARAB EMIRATES  

6.5.4.2. SAUDI ARABIA         

6.5.4.3. TURKEY         

6.5.4.4. SOUTH AFRICA       

6.5.4.5. REST OF MIDDLE EAST & AFRICA        

7. COMPETITIVE LANDSCAPE  

7.1. DUPONT              

7.2. DOW CHEMICAL COMPANY              

7.3. EVONIK INDUSTRIES              

7.4. INEOS CAPITAL LTD     

7.5. BASF SE              

7.6. PLASTIC OMNIUM                   

7.7. MITSUI CHEMICALS                

7.8. COVESTRO AG             

7.9. ASAHI KASEI CORP.     

7.10. LANXESS CORPORATION     

7.11. LYONDELLBASELL INDUSTRIES NV

7.12. SUMIMOTO CHEMICAL CO LTD                

7.13. MOMENTIVE PERFORMANCE MATERIALS

7.14. HANWHA AZDEL INC   

8. RESEARCH METHODOLOGY & SCOPE    

8.1. RESEARCH SCOPE & DELIVERABLES                  

8.2. SOURCES OF DATA                

8.3. RESEARCH METHODOLOGY             

List of Tables

TABLE 1: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: REGULATORY FRAMEWORK

TABLE 4: LIST OF ACQUISITIONS

TABLE 5: LIST OF PRODUCT DEVELOPMENTS

TABLE 6: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

TABLE 7: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 8: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 9: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 10: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 11: NORTH AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 12: NORTH AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 13: NORTH AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 14: NORTH AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 15: EUROPE ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 16: EUROPE ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 17: EUROPE ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 18: EUROPE ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 19: ASIA-PACIFIC ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 20: ASIA-PACIFIC ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 21: ASIA-PACIFIC ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 22: ASIA-PACIFIC ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 23: LATIN AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 24: LATIN AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 25: LATIN AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 26: LATIN AMERICA ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

TABLE 27: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 28: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2028 (IN $ MILLION)

TABLE 29: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY COMPONENT, 2022-2028 (IN $ MILLION)

TABLE 30: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE PLASTICS MARKET, BY PLASTIC TYPE, 2022-2028 (IN $ MILLION)

List of Figures

FIGURE 1: PLASTIC USE IN ELECTRIC VEHICLES

FIGURE 2: KEY BUYING IMPACT ANALYSIS

FIGURE 3: MARKET ATTRACTIVENESS INDEX

FIGURE 4: INDUSTRY COMPONENTS

FIGURE 5: RATIO OF PUBLIC CHARGERS PER EV STOCK, BY COUNTRY, 2020

FIGURE 6: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, ELECTRIC VEHICLE TYPE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 7: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY BEV, 2022-2028 (IN $ MILLION)

FIGURE 8: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY HEV/PHEV, 2022-2028 (IN $ MILLION)

FIGURE 9: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, COMPONENT OUTLOOK, 2021 & 2028 (IN %)

FIGURE 10: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY POWERTRAIN, 2022-2028 (IN $ MILLION)

FIGURE 11: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY EXTERNAL, 2022-2028 (IN $ MILLION)

FIGURE 12: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY INTERNAL, 2022-2028 (IN $ MILLION)

FIGURE 13: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, PLASTIC TYPE OUTLOOK, 2021 & 2028 (IN %)

FIGURE 14: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY POLYURETHANE, 2022-2028 (IN $ MILLION)

FIGURE 15: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY POLYAMIDE, 2022-2028 (IN $ MILLION)

FIGURE 16: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY ACRYLONITRILE BUTADIENE STYRENE, 2022-2028 (IN $ MILLION)

FIGURE 17: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY POLYPROPYLENE, 2022-2028 (IN $ MILLION)

FIGURE 18: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY POLYCARBONATE, 2022-2028 (IN $ MILLION)

FIGURE 19: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, BY OTHER ELECTRIC VEHICLE PLASTICS, 2022-2028 (IN $ MILLION)

FIGURE 20: GLOBAL ELECTRIC VEHICLE PLASTICS MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)

FIGURE 21: UNITED STATES ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 22: CANADA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 23: UNITED KINGDOM ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 24: GERMANY ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: FRANCE ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: ITALY ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: NORWAY ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: NETHERLANDS ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 29: SPAIN ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 30: REST OF EUROPE ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 31: CHINA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 32: JAPAN ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 33: INDIA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 34: SOUTH KOREA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 35: ASEAN COUNTRIES ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 36: AUSTRALIA & NEW ZEALAND ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 37: REST OF ASIA-PACIFIC ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 38: BRAZIL ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 39: MEXICO ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 40: REST OF LATIN AMERICA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 41: UNITED ARAB EMIRATES ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 42: SAUDI ARABIA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 43: TURKEY ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 44: SOUTH AFRICA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

FIGURE 45: REST OF MIDDLE EAST & AFRICA ELECTRIC VEHICLE PLASTICS MARKET 2022-2028 (IN $ MILLION)

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