Global Resin Material PBT for Electric Vehicles Market Growth 2025-2031
Description
The global Resin Material PBT for Electric Vehicles market size is predicted to grow from US$ 3591 million in 2025 to US$ 5337 million in 2031; it is expected to grow at a CAGR of 6.8% from 2025 to 2031.
The most important components of electric vehicles (including HEVs and PHEVs) are roughly divided into batteries, power control units (PCUs), and motor/generators. Each of these parts has functions such as control, power storage, drive, and regeneration. These parts are electrically connected with a high-voltage harness with a current between 300V and 600V flowing between them, and a resin material is used for the insulating part of each part. Resin materials contribute to the weight reduction of automobiles while also having insulating properties, so their usage in auto parts is likely to increase as electrification advances. PBT is often used as a resin material because it has constant mechanical properties and chemical resistance in the temperature environment range (-40°C to 140°C) required for automobiles.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
LP Information, Inc. (LPI) ' newest research report, the “Resin Material PBT for Electric Vehicles Industry Forecast” looks at past sales and reviews total world Resin Material PBT for Electric Vehicles sales in 2024, providing a comprehensive analysis by region and market sector of projected Resin Material PBT for Electric Vehicles sales for 2025 through 2031. With Resin Material PBT for Electric Vehicles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Resin Material PBT for Electric Vehicles industry.
This Insight Report provides a comprehensive analysis of the global Resin Material PBT for Electric Vehicles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Resin Material PBT for Electric Vehicles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Resin Material PBT for Electric Vehicles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Resin Material PBT for Electric Vehicles and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Resin Material PBT for Electric Vehicles.
This report presents a comprehensive overview, market shares, and growth opportunities of Resin Material PBT for Electric Vehicles market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Injection Molding
Extrusion Molding
Segmentation by Application:
HEV
PHEV
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
DuPont
DSM
BASF
Mitsubishi
Kompass
LG Chem
Polyplastics
KOLON Industries
Toray Industries
Evonik Industries
TARO PLAST
SABIC
Hyosung Chemical
DOMO Chemicals
TARO PLAST
Celanese Corporation
Akro-plastic GmbH
Key Questions Addressed in this Report
What is the 10-year outlook for the global Resin Material PBT for Electric Vehicles market?
What factors are driving Resin Material PBT for Electric Vehicles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Resin Material PBT for Electric Vehicles market opportunities vary by end market size?
How does Resin Material PBT for Electric Vehicles break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The most important components of electric vehicles (including HEVs and PHEVs) are roughly divided into batteries, power control units (PCUs), and motor/generators. Each of these parts has functions such as control, power storage, drive, and regeneration. These parts are electrically connected with a high-voltage harness with a current between 300V and 600V flowing between them, and a resin material is used for the insulating part of each part. Resin materials contribute to the weight reduction of automobiles while also having insulating properties, so their usage in auto parts is likely to increase as electrification advances. PBT is often used as a resin material because it has constant mechanical properties and chemical resistance in the temperature environment range (-40°C to 140°C) required for automobiles.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
LP Information, Inc. (LPI) ' newest research report, the “Resin Material PBT for Electric Vehicles Industry Forecast” looks at past sales and reviews total world Resin Material PBT for Electric Vehicles sales in 2024, providing a comprehensive analysis by region and market sector of projected Resin Material PBT for Electric Vehicles sales for 2025 through 2031. With Resin Material PBT for Electric Vehicles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Resin Material PBT for Electric Vehicles industry.
This Insight Report provides a comprehensive analysis of the global Resin Material PBT for Electric Vehicles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Resin Material PBT for Electric Vehicles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Resin Material PBT for Electric Vehicles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Resin Material PBT for Electric Vehicles and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Resin Material PBT for Electric Vehicles.
This report presents a comprehensive overview, market shares, and growth opportunities of Resin Material PBT for Electric Vehicles market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Injection Molding
Extrusion Molding
Segmentation by Application:
HEV
PHEV
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
DuPont
DSM
BASF
Mitsubishi
Kompass
LG Chem
Polyplastics
KOLON Industries
Toray Industries
Evonik Industries
TARO PLAST
SABIC
Hyosung Chemical
DOMO Chemicals
TARO PLAST
Celanese Corporation
Akro-plastic GmbH
Key Questions Addressed in this Report
What is the 10-year outlook for the global Resin Material PBT for Electric Vehicles market?
What factors are driving Resin Material PBT for Electric Vehicles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Resin Material PBT for Electric Vehicles market opportunities vary by end market size?
How does Resin Material PBT for Electric Vehicles break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
145 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Resin Material PBT for Electric Vehicles by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Resin Material PBT for Electric Vehicles by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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