MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET 2019-2028

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MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET 2019-2028

Market by Polymer Type, Application, and Country | Forecast 2019-2028

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As mentioned in Triton's research report, the electric vehicle polymers market in the Middle East and Africa is evaluated to surge at a compound annual growth rate of 29.17% during the given years 2019-2028.


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The countries analyzed in this market are:

•        The United Arab Emirates

•        Turkey

•        South Africa

•        Saudi Arabia

•        Rest of Middle East & Africa

The Middle East and Africa's electric vehicle polymers market is being fueled by the progress in the electric vehicles market in Saudi Arabia, the United Arab Emirates, and Kuwait, among others. In the United Arab Emirates, the government has considered proactive measures to promote the use of EVs to reduce its carbon footprint. For instance, the Dubai Water and Electricity Authority (DEWA) has implemented EV charging stations, which will encourage the adoption of these electric cars. Moreover, the investments in electric vehicle expansion by leading companies will also enhance their demand in the country, simultaneously boosting the demand for electric vehicle polymers in the UAE.

Saudi Arabia is restructuring economic plans by investing in various sectors. The government is also putting in efforts to attract private investments to diversify its economy and reduce its oil dependence. Additionally, the country is the largest engineering plastics producer in the region, considering the existing and upcoming production facilities. The government has encouraged global auto manufacturers to establish local operations to develop its domestic automotive industries. These factors indicate a favorable market for the electric vehicle polymers market in Saudi Arabia.

Saudi Basic Industries Corporation (SABIC) is involved in producing, marketing, and distributing petrochemical, plastics, fertilizers, metals, and primary hydrocarbon products. The government owns a significant amount of shares in the company. Further, the company segments comprise chemicals, metals, agri-nutrients, and corporate. It has a wide-ranging product portfolio of chemical products addressing the needs of its diverse consumer base. The company has its headquarters in Riyadh, Saudi Arabia, with functions in various regions.

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Table of Content

1.    MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. KEY INSIGHTS

2.2.1. INCREASED NUMBER OF MERGERS AND ACQUISITIONS

2.2.2. RISE IN APPLICATION OF POLYMERS ON EXTERNAL BODY OF ELECTRIC VEHICLES

2.2.3. DEMAND FOR POLYCARBONATE AND POLYPROPYLENE

2.3. IMPACT OF COVID-19 ON ELECTRIC VEHICLE POLYMERS MARKET

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. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. REGULATORY FRAMEWORK ASSOCIATED WITH ELECTRIC VEHICLES

2.8. MARKET DRIVERS

2.8.1. DEMAND FOR HIGH-PERFORMANCE POLYMERS IN ELECTRIC VEHICLES

2.8.2. POLICIES AND INCENTIVES TO ENCOURAGE ADOPTION OF ELECTRIC VEHICLES

2.9. MARKET RESTRAINTS

2.9.1. UNCERTAINTY OF RAW MATERIAL PRICES

2.10. MARKET OPPORTUNITIES

2.10.1. USE OF PLASTIC FUEL TANK IN EXTENDED-RANGE ELECTRIC VEHICLES (E-REV)

2.10.2. GROWING ELECTRIC VEHICLE INDUSTRY

2.11. MARKET CHALLENGES

2.11.1. INADEQUATE CHARGING INFRASTRUCTURE

3.    MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET OUTLOOK - BY POLYMER TYPE

3.1. ENGINEERING PLASTICS

3.1.1. ACRYLONITRILE BUTADIENE STYRENE (ABS)

3.1.2. POLYAMIDE (PA)

3.1.3. POLYCARBONATE (PC)

3.1.4. POLYURETHANE (PU)

3.1.5. POLYPROPYLENE (PP)

3.1.6. POLYVINYL CHLORIDE (PVC)

3.1.7. POLYMETHYL METHACRYLATE (PMMA)

3.1.8. POLYETHYLENE (PE)

3.1.9. OTHER ENGINEERING PLASTICS

3.2. ELASTOMERS

3.2.1. RUBBER

3.2.2. SILICONE ELASTOMER

3.2.3. FLUORO ELASTOMER

3.2.4. OTHER ELASTOMERS

3.3. OTHER POLYMER TYPES

4.    MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET OUTLOOK - BY APPLICATION

4.1. POWERTRAIN

4.2. EXTERNAL

4.3. INTERNAL

5.    MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET - REGIONAL OUTLOOK

5.1. UNITED ARAB EMIRATES

5.2. SAUDI ARABIA

5.3. TURKEY

5.4. SOUTH AFRICA

5.5. REST OF MIDDLE EAST & AFRICA

6.    COMPETITIVE LANDSCAPE

6.1. AGC CHEMICALS AMERICAS INC

6.2. ARKEMA SA

6.3. ASAHI KASEI CORP

6.4. BASF SE

6.5. CELANESE CORPORATION

6.6. CHINA SINOPEC (CHINA PETROCHEMICAL CORPORATION)

6.7. COVESTRO AG

6.8. DAIKIN INDUSTRIES LTD

6.9. DUPONT

6.10.    ELKEM ASA

6.11.   EVONIK INDUSTRIES AG

6.12.   JSR CORPORATION

6.13.     LANXESS AG

6.14.     LG CHEM LTD

6.15.    LYONDELLBASELL INDUSTRIES NV

6.16.    MITSUBISHI CHEMICAL CORPORATION

6.17.   ROYAL DSM NV

6.18.   SAUDI BASIC INDUSTRIES CORPORATION (SABIC)

6.19.   SOLVAY SA

6.20.  SUMITOMO CHEMICAL COMPANY LIMITED

7.    RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.2. SOURCES OF DATA

7.3. RESEARCH METHODOLOGY

List of table

TABLE 1: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)  

TABLE 2: LIST OF FEW MERGERS AND ACQUISITIONS IN ELECTRIC VEHICLES AND POLYMERS INDUSTRIES

TABLE 3: VENDOR SCORECARD        

TABLE 4: REGULATORY FRAMEWORK - ELECTRIC VEHICLES 

TABLE 5: OVERVIEW OF POLICIES REGARDING EVs BY MAJOR COUNTRIES

TABLE 6: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY POLYMER TYPE, 2019-2028 (IN $ MILLION)   

TABLE 7: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY ELASTOMERS, 2019-2028 (IN $ MILLION)      

TABLE 8: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY ENGINEERING PLASTICS, 2019-2028 (IN $ MILLION)         

TABLE 9: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY APPLICATION, 2019-2028 (IN $ MILLION)

TABLE 10: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX       

FIGURE 2: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY ENGINEERING PLASTICS, 2019-2028 (IN $ MILLION)         

FIGURE 3: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY ACRYLONITRILE BUTADIENE STYRENE (ABS), 2019-2028 (IN $ MILLION)      

FIGURE 4: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY POLYAMIDE (PA), 2019-2028 (IN $ MILLION) 

FIGURE 5: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY POLYCARBONATE (PC), 2019-2028 (IN $ MILLION) 

FIGURE 6: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY POLYURETHANE (PU), 2019-2028 (IN $ MILLION)    

FIGURE 7: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY POLYPROPYLENE (PP), 2019-2028 (IN $ MILLION)  

FIGURE 8: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY POLYVINYL CHLORIDE (PVC), 2019-2028 (IN $ MILLION)  

FIGURE 9: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY POLYMETHYL METHACRYLATE (PMMA), 2019-2028 (IN $ MILLION)      

FIGURE 10: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY POLYETHYLENE (PE), 2019-2028 (IN $ MILLION)     

FIGURE 11: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY OTHER ENGINEERING PLASTICS, 2019-2028 (IN $ MILLION)      

FIGURE 12: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY ELASTOMERS, 2019-2028 (IN $ MILLION)      

FIGURE 13: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY RUBBER, 2019-2028 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY SILICONE ELASTOMER, 2019-2028 (IN $ MILLION) 

FIGURE 15: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY FLUORO ELASTOMER, 2019-2028 (IN $ MILLION)   

FIGURE 16: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY OTHER ELASTOMERS, 2019-2028 (IN $ MILLION)   

FIGURE 17: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY OTHER POLYMER TYPES, 2019-2028 (IN $ MILLION)         

FIGURE 18: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY POWERTRAIN, 2019-2028 (IN $ MILLION)       

FIGURE 19: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY EXTERNAL, 2019-2028 (IN $ MILLION) 

FIGURE 20: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, BY INTERNAL, 2019-2028 (IN $ MILLION)  

FIGURE 21: MIDDLE EAST AND AFRICA ELECTRIC VEHICLE POLYMERS MARKET, REGIONAL OUTLOOK, 2019 AND 2028 (IN %)           

FIGURE 22: UNITED ARAB EMIRATES ELECTRIC VEHICLE POLYMERS MARKET 2019-2028 (IN $ MILLION)        

FIGURE 23: SAUDI ARABIA ELECTRIC VEHICLE POLYMERS MARKET 2019-2028 (IN $ MILLION)      

FIGURE 24: TURKEY ELECTRIC VEHICLE POLYMERS MARKET 2019-2028 (IN $ MILLION)           

FIGURE 25: SOUTH AFRICA ELECTRIC VEHICLE POLYMERS MARKET 2019-2028 (IN $ MILLION)      

FIGURE 26: REST OF MIDDLE EAST & AFRICA ELECTRIC VEHICLE POLYMERS MARKET 2019-2028 (IN $ MILLION)

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