Posts

Showing posts with the label Bulk Chemicals

Electric Vehicle Plastics Industry: Electric Vehicles A New Frontier for Plastics Market Growth

Image
Global Electric Vehicle Plastics Market   Increasing EV Production Drives Demand for Electric Vehicle Plastics Industry As worldwide sales of electric vehicles continue to climb annually, auto manufacturers are ramping up EV production to meet rising consumer demand. This surge in the EV market is fueling the need for high-performance engineering plastics that are an essential part of every electric car. The unique challenges of EVs require plastics that can withstand the rigors of an electrified powertrain while remaining lightweight to maximize driving range. Materials scientists are developing novel plastic composites tailored for EV applications like battery enclosures, motor housings, and cable management systems. Battery Packs Rely on Electric Vehicle Plastics Industry The rechargeable lithium-ion battery is the heart of any EV, and durable plastic enclosures are critical for protecting these expensive and sensitive battery packs. Over the lifetime of the vehicle, batteries