Electric Vehicle Plastics Market: Trends, Forecast and Competitive Analysis

Trends, opportunities and forecast in electric vehicle plastics market to 2024 by material (Polypropylene, Polyurethane, Polyamide, PVC, ABS, Polycarbonates, Polyethylene, PMMA, and Other Plastics), application (interior ,exterior, lighting & electric wiring, and under the hood), end use (battery electric vehicle, hybrid electric vehicle, and plug in hybrid electric vehicle), and region (North America, Europe, Asia-Pacific, and the Rest of the World).

Publisher: Lucintel Published: May 2026
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Electric Vehicle Plastics Market: Trends, Forecast and Competitive Analysis

Report Feature

The future of The electric vehicle plastics market looks promising with opportunities in the hybrid, plug-in-hybrid, and battery electric vehicle markets. The electric vehicle plastics market is expected to grow with a CAGR of 28% from 2019 to 2024. The major drivers for this market are growing demand of electric vehicles, and increasing demand for lightweight materials to reduce vehicle weight in response to stringent government regulations on fuel economy.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of electric vehicle plastics market report download the report brochure.






The study includes the electric vehicle plastics market size and forecast for the electric vehicle plastics market through 2024, segmented by material, by application, by end use, and by region as follows:

By Material [$M shipment analysis for 2013 – 2024]
  • Polypropylene
  • Polyurethane
  • Polyamide
  • PVC
  • ABS
  • Polycarbonates
  • Polyethylene
  • PMMA
  • Other Plastics

By Application [$M shipment analysis for 2013 – 2024]
  • Interior
  • Exterior
  • Lighting & Electric Wiring
  • Under the hood

By End Use [$M shipment analysis for 2013 – 2024]
  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
  • Plug in Hybrid Electric Vehicle

By Region [$M shipment analysis for 2013 – 2024}
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
  • Rest of the World
    • Brazil
    • Turkey

Some of the electric vehicle plastics companies profiled in this report include BASF SE, The DOW Chemical Company, INEOS Capital Limited, Sabic, Lyondellbasell Industries Holdings, E.I. Du Pont De, Nemours and Company, Akzo Nobel, Exxon Mobil, Evonik Industries, and Plastic Omnium, and others.

Some of the features of "Electric Vehicle Plastics market 2019-2024: Trends, Forecast, and Opportunity Analysis" include:
  • Market size estimates:Electric vehicle plastics market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis:Market trend (2013-2018) and forecast (2019-2024) by application, and end use industry.
  • Segmentation analysis:Market size various by material, by application, by end use, and by region.
  • Regional analysis :Electric vehicle plastics market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth opportunities:Analysis on growth opportunities in different applications and regions electric vehicle plastics in the electric vehicle plastics market.
  • Strategic analysis:This includes M&A, new product development, and competitive landscape for electric vehicle plastics in the electric vehicle plastics market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the electric vehicle plastics market by material (Polypropylene, Polyurethane, Polyamide, PVC, ABS, Polycarbonates, Polyethylene, PMMA, Other Plastics), by application (interior ,exterior, lighting & electric wiring, under the hood), by end use (battery electric vehicle, hybrid electric vehicle, and plug in hybrid electric vehicle), and by region(North America, Europe, Asia-Pacific, ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 what are the key factors affecting market dynamics? What are the drivers and challenges of the electric vehicle plastics market?
Q.5 What are the business risks and threats to the electric vehicle plastics market?
Q.6 what are emerging trends in this electric vehicle plastics market and the reasons behind them?
Q.7 What are some changing demands of customers in the electric vehicle plastics market?
Q.8 What are the new developments in the electric vehicle plastics market? Which companies are leading these developments?
Q.9 Who are the major players in this electric vehicle plastics market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this electric vehicle plastics area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, electric vehicle plastics market?

Table of Contents

1. Executive Summary 2. Market Trends and Forecast Analysis from 2013 to 2024 2.1: Introduction, Background, and Classification 2.2: Supply Chain 2.3: Industry Drivers and Challenges
4.2.1 Market by Material: Polypropylene, Polyurethane, Polyamide, PVC, ABS, Polycarbonates, Polyethylene, PMMA, and Other Plastics. 4.2.2: Market Application: Interior, Exterior, Lighting & Electric Wiring Under the Hood. 4.2.3: Market by End Use: Battery Electric Vehicle, Hybrid Electric Vehicle, and Plug-in Hybrid Electric Vehicle 4.2.4: Market by Country: United States, Canada, and Mexico.
5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter’s Five Forces Analysis 7. Company Profiles of Leading Players 7.1: BASF SE 7.2: The DOW Chemical Company 7.3: INEOS Capital 7.4: Sabic 7.5: Lyondellbasell Industries Holdings 7.6: E.I. Du Pont De 7.7: Nemours and Company 7.8: Akzo Nobel 7.9: Exxon Mobil Corporation 7.10: Evonik Industries

Methodology

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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