[Online Quarterly Update] E-mobility Raw Materials demand stood at 1.2 Million Tonnes in 2020 and is forecast to reach 4.42 Million Tonnes by 2030, growing at a healthy CAGR of 14.35% until 2030.
E-Mobility Raw Materials are the materials that are required for the manufacturing of electric vehicles. They are of several types, including body metals, lightweight plastic, and battery chemicals and metals which include cobalt, lithium, and copper. Major application areas of E-Mobility Raw Materials include public transport, commercial vehicles, and personal vehicles. The surge in greenhouse gases and carbon footprint of the automotive and transportation industries are promoting the use of electric-mobility vehicles, which in turn is expected to boost market growth.
Growing demand for electric vehicles coupled with the stronger government support worldwide for electric vehicles is expected to drive the demand for E-Mobility Raw Materials for the forecast period. Additionally, the growing population and awareness about the environment-friendly nature of electric vehicles are going to push the demand further during the forecast period. Lack of charging infrastructure in many countries is expected to hinder demand growth of E-Mobility Raw Materials during the forecast period.
In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns, which had an impact on a number of industries. Automotive was among the most affected industries during the pandemic. Manufacturing units were temporarily shut down, and disruption in the supply chain was observed. This caused an adverse impact on the demand for E-Mobility Raw Materials for the first half of 2020. The demand for E-Mobility Raw Materials fell during the coronavirus pandemic and the market is expected to pick up the pace eventually.
Region-wise, the Asia-pacific region holds the major share of global demand for E-Mobility Raw Materials due to the increasing demand of application industries such as electric automotive. Moreover, increasing population and rise in per capita income in emerging economies like India and China coupled with the growing number of vehicles using E-Mobility Raw Materials are significant factors influencing the demand for the e-mobility market in the forecast period.
Major companies operating in the E-Mobility Raw Materials market include LANXESS AG, BASF SE, The Dow Chemical, Toray Industries Inc. Evonik, Covestro, Sabic, Lyondell Basell, and others.
Years considered for this report:
Historical Period: 2015-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2030
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Objective of the Study:
•To assess the demand-supply scenario of E-Mobility Raw Materials which covers production, demand and supply of E-Mobility Raw Materials market globally.
•To analyse and forecast the market size of E-Mobility Raw Materials.
•To classify and forecast global E-Mobility Raw Materials market based on by application, by type, by chemical and regional distribution.
•To identify drivers and challenges for global E-Mobility Raw Materials market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global E-Mobility Raw Materials market.
•To identify and analyse the profile of leading players involved in the manufacturing of E-Mobility Raw Materials.
To extract data for global E-Mobility Raw Materials market, primary research surveys were conducted with E-Mobility Raw Materials manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global E-Mobility Raw Materials market over the coming years.
ChemAnalyst calculated E-Mobility Raw Materials demand globally by analyzing the historical data and demand forecast which was carried out considering imported E-Mobility Raw Materials, prices, materials used for production of E-Mobility Raw Materials. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• E-Mobility Raw Materials manufacturers and other stakeholders
•Organizations, forums and alliances related to E-Mobility Raw Materials distribution.
•Government bodies such as regulating authorities and policy makers
•Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as E-Mobility Raw Materials manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, global E-Mobility Raw Materials market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
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Details
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Market size volume in 2020
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1.2 million tons
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Market size volume by 2030
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4.42 million tons
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Growth Rate
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CAGR of 14.35% from 2021 to 2030
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Base year for estimation
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2020
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Historic Data
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2015 – 2019
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Forecast period
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2022 – 2030
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Quantitative units
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Demand in tons and CAGR from 2021 to 2030
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Report coverage
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Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth factors, and trends
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Segments covered
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By Application: (Public Transport, Commercial Vehicle, Personal Vehicle)
By Type: (Body Metals, Light Weight Plastic, Battery chemicals and Metals)
By Chemical Type: (Polyamide 6 and 66, Polyphenylene Sulfide (PPS), Polybutylene Terephthalate (PBT), PP Copolymer, Polycarbonate (PC), PE Compound, Others)
By Sales Channel: (Direct Company Sale, Direct Import, Distributors & Traders)
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Regional scope
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North America; Europe; Asia Pacific; South America; Middle East & Africa
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Country scope
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United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore; Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia; Iran; South Africa; Brazil; Argentina
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Key companies profiled
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LANXESS AG, BASF SE, The Dow Chemical, Toray Industries Inc. Evonik, Covestro, Sabic, Lyondell Basell, and others.
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Customization scope
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Free report customization with purchase. Addition or alteration to country, regional & segment scope.
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Pricing and purchase options
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Available Customizations:
With the given market data, Chemanalyst offers customizations according to a company’s specific needs.
In case you don’t find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com