Electric Vehicle (EV) Composites Market Size, Share, By Fiber Type (Carbon Fiber, Glass Fiber, and Other Fibers), By Resin Type (Thermoset Resins, and Thermoplastic Resins), By Vehicle Segment (Ultra-Premium, Premium, and Non-Premium), By Application (Exterior, Interior, Battery Enclosure, and Powertrain & Chassis), and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI554524 | Publish Date: August 2024 | No. of Pages: 185

Electric Vehicle Composites Market Trends

Structural Components:

  • They are used for making the EV chassis and body structure safer, more durable, and crashworthy. Lightweight composites replace most metallic components and allow vehicle manufacturers to improve the weight distribution of the vehicle to achieve better handling characteristics. Moreover, composite designs can absorb and dissipate energy in a collision, thus reducing the potential for injury to occupants. Composites for structural components will experience increased demand as new and tighter safety regulations come into effect and consumers seek vehicles with more built-in safety features.