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China Polyamide Resins for Battery Electric Vehicles Market

Segmentation by Application (Body Parts, Electric Wire Cable Jacket, Powertrain System, EV Charging Systems, Battery Components, and Others) – Demand Analysis & Opportunity Outlook 2021-2031

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Report ID: 4041 | Published On: Feb 14, 2023
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  1. Market Definition and Research Methodology
    1. Market Definition and Segmentation
    2. Assumptions and Acronyms
    3. Research Objective
    4. Research Methodology
  2. Executive Summary
  3. China Polyamide Resins Market in Battery Electric Vehicles
    1. Market Overview
    2. Market Size, Value (USD Million) (2021-2031)
    3. Market Size, Volume (Thousand Tons) (2021-2031)
    4. Market Segmentation by Application:
      1. Body Parts, Value & Volume, (2021-2031)
      2. Electric Wire Cable Jacket, Value & Volume, (2021-2031)
      3. Powertrain System, Value & Volume, (2021-2031)
      4. EV Charging Systems, Value & Volume, (2021-2031)
      5. Battery Components, Value & Volume, (2021-2031)
      6. Others, Value & Volume, (2021-2031)
  4. Competitive Players:
    1. Shandong Huijin Chemical Co., Ltd.
    2. Mitsubishi Chemical (China) Co., Ltd.
    3. The Dow Chemical Company
    4. DSM
    5. Solvay Group
    6. LANXESS
    7. Anqing Hongyu Chemical Co., Ltd.
    8. Merck KGaA
    9. Domo Chemicals
    10. Ascend Performance Materials

China Polyamide Resins for Battery Electric Vehicles Market Segmentation Synopsis

The China polyamide resins for battery electric vehicles market is segmented by application into body parts, electric wire cable jacket, powertrain system, EV charging systems, battery components, and others. Out of these, the body parts segment is anticipated to garner the largest revenue of USD 563.2 Million by the end of 2031, up from a revenue of USD 55.8 Million in the year 2021.


Polyamide Resins for Battery Electric Vehicles Market
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Growth Drivers and Challenges Impacting the Growth of the China Polyamide Resins for Battery Electric Vehicles Market
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Growth Drivers

  • Growing Demand for New Energy Vehicles (NEVs)
  • Increasing Need Amongst Vehicle Manufacturers to Find Low-Cost Alternatives Against Conventional Raw Materials Used for Manufacturing BEVs

Challenges

  • Fluctuation in the Prices of Raw Materials
  • Concern for Sourcing of Polyamide Resins


Key Companies Dominating the Market

Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the China polyamide resins for battery electric vehicles market that are included in our report are Shandong Huijin Chemical Co., Ltd., Mitsubishi Chemical (China) Co., Ltd., The Dow Chemical Company, DSM, Solvay Group, LANXESS, Anqing Hongyu Chemical Co., Ltd., Merck KGaA, Domo Chemicals, Ascend Performance Materials, and others.


Key Questions Answered in the Report

1) What are the major factors driving the growth of the China polyamide resins for battery electric vehicles market?

Ans: The growing demand for new energy vehicles (NEVs), and the increasing need amongst vehicle manufacturers to find low-cost alternatives against conventional raw materials used for manufacturing BEVs, are expected to drive market growth.

2) What would be the CAGR of China polyamide resins for battery electric vehicles market over the forecast period?

Ans: The market is anticipated to attain a CAGR of 27.6% over the forecast period, i.e., 2022 – 2031.

5) Who are the major players dominating the China polyamide resins for battery electric vehicles market?

Ans: The major players in the market are Shandong Huijin Chemical Co., Ltd., Mitsubishi Chemical (China) Co., Ltd., The Dow Chemical Company, DSM, Solvay Group, and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the China polyamide resins for battery electric vehicles market?

Ans: The market is segmented by application.

8) Which segment captures the largest market size in application segment in the China polyamide resins for battery electric vehicles market?

Ans: The body parts segment is anticipated to garner the largest revenue of USD 563.2 Million by the end of 2031 and display significant growth opportunities.

8) What are the challenges affecting the market growth?

Ans: The fluctuation in the prices of raw materials, along with the concern for sourcing of polyamide resins are estimated to hamper the market growth.

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