The plastic for electric vehicle market in North America is expected to grow from US$ 213.50 million in 2019 to US$ 904.89 million by 2027; it is estimated to grow at a CAGR of 20.0% from 2020 to 2027.

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Market Overview: Plastics in Electric Vehicles

Bio-based plastics encompass a wide array of materials, ranging from mass-market polymers like Polyethylene Terephthalate (PET) to bio-based Polyethylene (PE), high-performance bio-polymers, and thermoplastic co-polyester elastomers (TPC-ET), among others. As global efforts intensify to reduce CO₂ emissions, the shift toward bio-based plastics—especially over recycled plastics—in automotive manufacturing has gained significant traction. This trend is particularly evident in non-visible components of electric vehicles (EVs), where bio-plastics contribute to a substantial reduction in overall vehicle weight.

Leading automotive manufacturers are increasingly recognizing the cost-effectiveness and environmental benefits of integrating sustainable plastic materials into EV production. Companies are utilizing bio-based materials like polyesters and polyamides to reduce the ecological footprint of their vehicles. For instance, the   KIA Soul EV   incorporates bio-plastics in various interior components, including carpets, door latches, and seat trims, instead of relying on recycled plastics. Other prominent automakers—such as   Toyota, BMW, and Nissan —are also embracing bio-plastics to stay competitive in the evolving green technology landscape.

This growing adoption is significantly bolstering the   plastics for electric vehicles market .

Impact of COVID-19

The U.S. experienced the highest number of confirmed COVID-19 cases in North America, which disrupted supply chains and hampered operations across industries. The chemical and materials sectors were notably impacted, with delays in manufacturing processes and R&D activities, leading to potential short-term constraints on   market growth .

Role of Plastics in Electric Vehicles

Modern plastics serve both as electrical conductors and insulators, playing a pivotal role in various EV components. Their thermoplastic nature offers high versatility and moldability, allowing manufacturers to create parts in diverse shapes and designs tailored to EV needs. Plastics help reduce vehicle weight, enhancing range and energy efficiency. Moreover, many plastics provide excellent heat resistance—making them suitable for battery compartments and cooling systems—without compromising durability or safety.

Injection-molded plastics also offer a cost-effective alternative to traditional metal components, which is appealing to EV manufacturers. As a result, the increasing integration of bio-plastics is expected to drive substantial demand in the coming years, further accelerating growth in the plastics for electric vehicles market.

North   America Plastic for electric vehicle Market Segmentation

North America Plastic for electric vehicle Market- by Plastic Type

• Acrylonitrile Butadiene Styrene (ABS)
• Polyamide (PA)
• Polycarbonate (PC)
• Polyvinyl Butyral
• Polyurethane (PU)
• Polypropylene (PP)
• Others

North America Plastic for electric vehicle Market- by Component

• Dashboard
• Seats
• Interior Trim
• Car Upholstery
• Bumper
• Others

North America Plastic For Electric Vehicle Market – By Vehicle Type

• BEV
• PHEV/ HEV

North America Plastic For Electric Vehicle Market – By Application

• Powertrain System/ Under Bonnet
• Exterior
• Interior
• Lighting and Electric Wiring

North America Plastic for electric vehicle Market- by Country

• US
• Canada
• Mexico

Company Profiles

• BASF SE
• Solvay SA
• DuPont de Nemours, Inc.
• The Dow Chemical Company
• LG Chem Ltd.
• Lanxess AG
• Sabic
• Covestro AG
• Asahi Kasei Corporation
• Lyondellbasell Industries Holdings B.V.

North America Plastics For Electric Vehicle Strategic Insights

Strategic insights for the North America Plastics For Electric Vehicle provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Plastics For Electric Vehicle Regional Insights

The geographic scope of the North America Plastics For Electric Vehicle refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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Author’s Bio:

Suryakant Gadekar

Senior Market Research Expert at Business Market Insights