According to a recent study published by Fact.MR, demand for polyamide in e-mobility market is likely to increase at over 6% in 2019 over 2018. The Fact.MR report finds that the electric vehicle stock will reach nearly 5 million in 2019. Growing awareness among automakers about multitude of benefits of using polyamide in e-mobility market.
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Thereby, Fact.MR opines that, this is expected to create numerous opportunities for polyamide manufacturers in the e-mobility market in the upcoming years.
Fact.MR report finds leading factors that are contributing to the increasing applications of polyamide in e-mobility market. Some of these factors include
The ever-growing trend of electrification of vehicles to mitigate the negative environmental impact of the transportation industry is creating more demand for polyamide in e-mobility market.
Increasing adoption of electric cars in developing countries create more sales opportunities for manufacturers of polyamide in e-mobility market.
Burgeoning needs for reducing weight of electronic components in automobiles is multiplying the applications of polyamide in e-mobility market.
Growing applications of high-performance plastic in electrical components used in electric vehicles boost demand for polyamide in e-mobility market.
View Full Report@:- https://www.factmr.com/report/2380/polyamide-in-e-mobility-market
Thermal stability due to high melting point of polyamide makes it one of the most commonly used type of high-performance plastic in e-mobility.
Recent developments in engineering plastics enhance performance characteristics of polyamides in e-mobility market.
Leading polyamide manufacturers are further promoting the extraordinary properties of polyamide to boost its adoption in innovative automotive components such as control units in autonomous cars.
A majority of automakers are shifting their focus towards increasing the use of lightweight plastics such as polyamide, as it can ultimately reduce the fuel usage of the automobile. As fuel efficiency is one of the most important factors to influence the purchasing decisions of car buyers, applications of polyamide in e-mobility market are expected to escalate in the upcoming years.
Hybrid Electric Vehicles to Hold a Significant Share in Growing Demand for Polyamide in E-mobility Market
Increasing fuel prices and environmental concerns are resulting in a dramatic move away from conventional, internal combustion engine (ICE) only vehicles to their electric variants.
Hybrid electric vehicles (HEVs) are outperforming any other type of electric vehicles across the world, especially in developed regions such as North America and Europe. Also, China has been showcasing extraordinary growth in terms of production and the number of on-road electric vehicles, which is further boosting sales of HEVs.
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The Fact.MR study finds that HEVs account for over 60% of the revenue share of polyamide in e-mobility market. The study projects that, in 2019, polyamide demand will continue to remain highest at more than 54,000 tons, creating more opportunities for polyamide manufacturers in the e-mobility market.
The significant rise in global sales of HEVs is mainly attributed to their cheaper costs and automakers are adopting polyamide to further improve the cost-efficiency of HEVs. Increasing popularity of HEVs among buyers across the world is encouraging manufacturers of polyamide in e-mobility market are targeting HEV manufacturers to envisage incremental growth in polyamide sales in the upcoming years.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
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Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
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Get | Download Free Sample Copy @ https://www.factmr.com/connectus/sample?flag=S&rep_id=2380
Thereby, Fact.MR opines that, this is expected to create numerous opportunities for polyamide manufacturers in the e-mobility market in the upcoming years.
Fact.MR report finds leading factors that are contributing to the increasing applications of polyamide in e-mobility market. Some of these factors include
The ever-growing trend of electrification of vehicles to mitigate the negative environmental impact of the transportation industry is creating more demand for polyamide in e-mobility market.
Increasing adoption of electric cars in developing countries create more sales opportunities for manufacturers of polyamide in e-mobility market.
Burgeoning needs for reducing weight of electronic components in automobiles is multiplying the applications of polyamide in e-mobility market.
Growing applications of high-performance plastic in electrical components used in electric vehicles boost demand for polyamide in e-mobility market.
View Full Report@:- https://www.factmr.com/report/2380/polyamide-in-e-mobility-market
Thermal stability due to high melting point of polyamide makes it one of the most commonly used type of high-performance plastic in e-mobility.
Recent developments in engineering plastics enhance performance characteristics of polyamides in e-mobility market.
Leading polyamide manufacturers are further promoting the extraordinary properties of polyamide to boost its adoption in innovative automotive components such as control units in autonomous cars.
A majority of automakers are shifting their focus towards increasing the use of lightweight plastics such as polyamide, as it can ultimately reduce the fuel usage of the automobile. As fuel efficiency is one of the most important factors to influence the purchasing decisions of car buyers, applications of polyamide in e-mobility market are expected to escalate in the upcoming years.
Hybrid Electric Vehicles to Hold a Significant Share in Growing Demand for Polyamide in E-mobility Market
Increasing fuel prices and environmental concerns are resulting in a dramatic move away from conventional, internal combustion engine (ICE) only vehicles to their electric variants.
Hybrid electric vehicles (HEVs) are outperforming any other type of electric vehicles across the world, especially in developed regions such as North America and Europe. Also, China has been showcasing extraordinary growth in terms of production and the number of on-road electric vehicles, which is further boosting sales of HEVs.
Request for the Customization of the report: https://www.factmr.com/connectus/sample?flag=RC&rep_id=2380
The Fact.MR study finds that HEVs account for over 60% of the revenue share of polyamide in e-mobility market. The study projects that, in 2019, polyamide demand will continue to remain highest at more than 54,000 tons, creating more opportunities for polyamide manufacturers in the e-mobility market.
The significant rise in global sales of HEVs is mainly attributed to their cheaper costs and automakers are adopting polyamide to further improve the cost-efficiency of HEVs. Increasing popularity of HEVs among buyers across the world is encouraging manufacturers of polyamide in e-mobility market are targeting HEV manufacturers to envisage incremental growth in polyamide sales in the upcoming years.
About Us
We are an insights-driven global market intelligence company with a unique purpose: enabling organizations make better decisions. We do this by creating an ecosystem where an eclectic cognitive collaboration between human imagination and data science leads to path breaking ideas.
Our vision is to foster a pervasive culture where critical business decisions are taken on the basis of facts rather than assumptions and perceptions.
Our mission is empowerment – empowerment of free-thought; empowerment of fact-based decisions; empowerment of decisive action.
For More Information Kindly Contact:
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Tel: +353-1-4434-232
Mail: sales@factmr.com
Read Blog: https://theheraldmedia.com/
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