Plastic Enclosures in Electric Vehicles – North America Market Forecast 2027

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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The Growing Role of Bio-Based Plastics in Electric Vehicle Manufacturing

Bio-based plastics encompass a diverse range of materials, including mass commodity plastics like Polyethylene Terephthalate (PET) and bio-based Polyethylene (PE), as well as high-performance technical polymers and thermoplastic copolyester elastomers (TPC-ET). With increasing emphasis on reducing CO₂ emissions, automakers are increasingly adopting bio-plastics over recycled plastics in vehicle manufacturing—particularly for out-of-sight components—contributing to significant weight reduction in electric vehicles (EVs). Many manufacturers recognize sustainable plastics as a cost-effective and eco-friendly solution for EV production.

Leading automotive companies and suppliers worldwide are ramping up the use of bio-based polymers, such as polyesters and polyamides, to minimize the environmental impact of their vehicles. For example, the KIA Soul EV incorporates bio-plastics in interior components like carpets, door latches, and seat trims instead of recycled plastics. Other major automakers, including Toyota, BMW, and Nissan, are also shifting toward bio-plastics to stay competitive in the growing green technology landscape. This trend is accelerating the expansion of the plastics market for electric vehicles.

Market Dynamics and Challenges

The COVID-19 pandemic has disrupted supply chains across industries, including the chemical and materials sector. The U.S., with the highest number of cases compared to Canada and Mexico, has faced significant manufacturing and R&D delays, potentially impacting market growth.

Plastics in EV Innovation

Modern plastics serve multiple functions in EVs, acting as both conductors and insulators. Their thermoplastic properties, versatility, and moldability allow for customized designs that meet specific EV requirements. By replacing metal components, plastics reduce vehicle weight, enhancing battery range between charges. Additionally, certain high-heat-resistant plastics are ideal for battery compartments and cooling systems without compromising durability or safety. The cost-effectiveness of injection-molded plastics further attracts EV manufacturers, making bio-plastics a key driver in the future of sustainable automotive materials.

As the demand for lightweight, eco-friendly materials grows, bio-plastics are expected to play a pivotal role in shaping the EV market, reinforcing the shift toward greener automotive technologies.

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