市場調查報告書
商品編碼
1373594
電動汽車用熱固性樹脂的全球市場(2016-2030):按樹脂、推進類型、應用、車輛類型和地區劃分的機會和預測Thermoset Market for E-mobility Assessment, By Resin, By Propulsion Type, By Application, By Vehicle Type, By Region, Opportunities, and Forecast, 2016-2030F |
全球電動車用熱固性樹脂市場預計將從 2022 年的 484 萬噸增長到 2030 年的 1,173 萬噸,預測期內複合年增長率為 11.7%。
電動車產量的增加和政府支持電動車採用的舉措是推動環氧樹脂、聚氨酯和其他樹脂採用增加的關鍵影響因素。 因此,用於電動車的熱固性樹脂的採用正在迅速增加,支持了市場的成長。
英國、加拿大和印度等國家的政府正在實施補貼和退稅,以鼓勵電動車的生產和採用。 此外,由於最近開發的先進電動車製造設備、汽油車製造商轉型為電動車以及加速市場成長的多種因素,全球電動車產量正在增加。 因此,政府在電動車領域的舉措和電動車製造活動的增加正在推動對熱固性材料的需求,並加速電動車熱固性樹脂市場的發展。
熱固性材料是與催化劑結合生產的熱固性聚合物,具有多種有益特性,包括卓越的強度、低密度、高衝擊強度和顯著減少零件。 因此,熱固性材料是電動汽車電池的理想材料。 對電池電動車的需求不斷增長以及燃料電池技術的不斷創新等關鍵影響因素也正在刺激新型電動車電池製造設備的發展。
環氧樹脂和聚氨酯等熱固性樹脂對於電動車至關重要,因為它們可確保出色的抗紫外線 (UV) 性能。 對碳排放的日益關注和新電動車車型的推出等主要趨勢正在推動全球對電動車的需求。
推動亞太地區電動車需求的關鍵因素包括國際企業進入該地區、政府減少碳排放的規範等。
本報告調查了全球電動車用熱固性樹脂市場,包括市場定義和概述、市場規模趨勢和預測、各個細分市場和地區的詳細分析、行業結構和市場成長。影響因素分析、案例研究、競爭格局以及主要公司概況。
Global Thermoset Market for E-mobility size was estimated at 4.84 million tons in 2022, which is expected to grow to 11.73 million tons in 2030 with a CAGR of 11.7% during the forecast period between 2023 and 2030. The increasing electric car output and the government initiatives to aid the adoption of electric vehicles are the key variables increasing the adoption of epoxy, polyurethane, and others. As a result, the surge in adopting thermosets for e-mobility is bolstering the market growth.
The governments in various countries, including the United Kingdom, Canada, India, and others, are implementing subsidies, tax rebates, and others to fuel the manufacturing and adoption of e-mobility vehicles. In addition, the electric car output is increasing globally due to factors such as recently developed advanced E-car manufacturing facilities, the transition of petrol-based car manufacturers to electric cars, and several prime aspects accelerating the market growth. Hence, the government initiatives for the e-mobility sector and the rise in the production activities for electric cars are boosting the demand for thermoset materials, which, in turn, is accelerating the thermoset market for e-mobility.
Thermosets are thermosetting polymers manufactured in combination with a catalyst that has various beneficial properties such as superior strength, low density, high impact strength, significant part reduction, and others. Thus, the thermoset is an ideal material for the electric vehicle battery. The prime determinants such as increasing demand for battery-based electric vehicles, the rising technological innovations for fuel cells, and others are spurring the development of new electric vehicle battery manufacturing facilities.
For instance, in July 2023, Stellantis, an automotive manufacturer based in Europe, and Samsung SDI, a battery products manufacturer in the Asia Pacific formed a joint venture for the electric vehicle battery manufacturing facility in Indiana, the United States. The new electric vehicle battery manufacturing facility will be completed by the end of 2027. Therefore, the ongoing development of new electric vehicle manufacturing facilities will foster production activities in the upcoming years. This, in turn, will boost the demand for thermosets to enhance energy efficiency, thereby creating a lucrative opportunity for market growth.
Thermosets such as epoxy, polyurethanes, and others are vital for electric vehicles to ensure superior ultraviolet (UV) resistance. The key trends, including increasing carbon emission concerns, the launch of new electric vehicle models, and others are boosting the demand for electric vehicles at the global level.
For instance, according to the recent data published by the International Energy Agency (IEA), in 2022, the demand for light commercial vehicle electric vehicles at the global level reached more than 310,000 units, an increase of 90%. Therefore, the increase in the demand for electric vehicles at the global level is fostering the deployment of thermosets to ensure superior protection against wear and tear, thereby accelerating the market growth.
The vital factors, including the entry of international players in the Asia Pacific, the government norms for carbon emission reduction, and others, fuel the demand for e-mobility in the Asia Pacific.
For instance, according to the recent trends published by the International Energy Agency (IEA), in 2021, the demand for electric cars in China was 3.3 million units. In 2022, it was 8.0 million units. In 2022, the year-on-year electric car demand growth rate in China was 142%. Henceforth, the surging demand for e-mobility in the Asia Pacific region is spurring the utilization of thermosets to ensure excellent electrical insulation, this, in turn, is benefiting the market growth.
The mobility sector is among the major industries contributing to global carbon emission generation. Thus, governments at the global level are adopting carbon-neutral targets. For instance, the intermediate target of the European Green Deal is to reduce carbon emissions by 55% in 2030 and become carbon neutral by 2050. Therefore, the long-term sustainability targets to minimize carbon generation will accelerate the adoption of e-mobility, thereby creating a vital potential for the thermoset market for e-mobility growth during the forecast period.
The petrol and diesel-based vehicle manufacturers are transiting to the electric vehicle manufacturing facility. For instance, in June 2023, Renault, a global manufacturer of automobiles, announced its plan to expand in the Asian market by developing a new electric vehicle manufacturing facility in South Korea by 2026. Thus, developing a new electric vehicle manufacturing facility will boost the demand for thermosets, which, in turn, will create a favorable thermoset market for e-mobility growth outlook.
The governments at the global level are providing aid to attract e-mobility players to establish their manufacturing base in the respective countries. For instance, in September 2023, the Canadian government provided a USD 516.3 million grant to Volkswagen and USD 9.6 billion for manufacturing tax credits & USD 11.1 billion for performance incentives to a Stellantis-LG Energy Solution. Henceforth, the government initiatives for the long-term growth of e-mobility will augment traction for the thermoset for e-mobility.
The key players in the thermoset market for e-mobility include: Covestro AG, DuPont de Nemours, Inc., Huntsman International LLC., 3M, and others. The above-mentioned players involved in the manufacturing and supply of thermosets for e-mobility are leveraging their technological potential in strategies, including technology innovation, acquisitions, product innovations, facility development, and others to increase their market revenue and volume share in the global thermoset for e-mobility industry.
In May 2023, Huntsman International LLC., a leading manufacturer of thermosets for e-mobility developed polyurethane, carbon nanotube, and epoxy materials for the electric vehicle industry. Hence, the development of a new range of products will drive the market growth in the upcoming years.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.