Top Companies in Advanced Materials in Electrical Vehicle Charging Infrastructure Market | Major Companies Size & Share, Market Overview, Forecast Analysis by Vantage Market Research
Rising demand for electric vehicles and favorable government initiatives for developing electric vehicle charging points drive the market.
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Market Overview:
The global Advanced Materials in Electrical Vehicle Charging Infrastructure Market is valued at USD 328.5 Million in 2021 and is projected to reach a value of USD 2,162.5 Million by 2028 at a Compound Annual Growth Rate (CAGR) of 36.9% over the forecast period. Automakers have been pushed to create plug-in hybrid & electric vehicles by government rules and consumer demand to reduce pollution. Transparency and opacity in a wide range of colors are required in resins for electric charging stations, hardness purpose to avoid tampering & resist pressure, and for fire resistance & flame retardancy to maintain safety. They also require to be weather-resistant, being sited primarily outdoors.
Automobile makers are working on EV batteries that charge faster while supplying more power to increase driving range. They are constructing fast DC charging networks along roads and outside of city centers with the help of operators. Polycarbonate resins have high dimensional stability, good impact resistance, and UL94 flame retardancy, as well as electrical insulating qualities that can be adjusted to satisfy product safety standards.
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Some of the key players operating in the Advanced Materials in Electrical Vehicle Charging Infrastructure Market are listed below:
|
Company Name |
Revenue in the US |
|
$5 Billion |
|
$46 Million |
|
$22 Billion |
|
$31 Billion |
|
$86 Billion |
|
$38 Billion |
|
$16 Billion |
|
$16 Billion |
1) Ryerson Holding Corporation:
Ryerson holding corporation was founded in 1842. Ryerson holding corporation headquarters are located in the United States. A total of around 4,000 employees are currently working in this Company, and it operates as a holding company. The Company, through its subsidiaries, purchases, processes, and distributes various forms of stainless steel, aluminum, carbon, alloy steel, nickel, and red metals. Ryerson serves customers worldwide.
DOMO Chemicals GmbH headquarters are located in Germany and was founded in 2013. The Company provides chemical products including polymers, nylon films, fertilizers, and engineering plastic products. DOMO Chemicals serves customers worldwide.
Headquartered in the United States, Dupont de Nemours inc. was founded in 1897. The Company provides technology-based materials and solutions. The Company offers a diverse range of products, such as construction materials, adhesives, electronics, fabrics, fibers, home gardens, medical devices, resins, printing, and consumer products. DuPont de Nemours serves energy, automotive, construction, government, military, safety, and packaging industries globally.
4) Sabic:
Sabic is headquartered in Saudi Arabia, and the Company was founded in September 1976. Around 32,700 total employees are currently working in this Company. Saudi Basic Industries Corporation (SABIC) manufactures chemicals and steel. The Company produces methanol, ethylene, propylene, benzene, toluene, xylene, industrial gases, thermoplastic resins, polyester, melamine, urea fertilizers, and long and flat hot and cold rolled steel products.
5) BASF SE:
BASF SE was founded in 1865, and headquartered in Germany. The total number of employees working in this Company is around 1,11,047. The Company is a chemical company, and it operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. The Company offers products for the chemical, automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries and provides a range of system solutions and services.
Thyssenkrupp AG is headquartered located in Germany. The total number of employees working in the Company re around 1,00,000. The Company produces flat-rolled and cast steel, automobile parts, elevators and escalators, machine tools, bearings, nonferrous metals, and plastics. In addition, the Company develops and manages real estate and designs and constructs factories. Its commercial enterprise activities were bundled in six segments: Materials Services, Industrial Components, Automotive Technology, Steel Europe, Marine Systems, and Multi Tracks.
7) Covestro AG:
Covestro AG headquarters is located in Leverkusen, Germany and was founded in 2015. Covestro AG manufactures polymers and high-performance plastics. The Company manufactures, markets, and distributes coatings, adhesives, insulating materials, sealants, polycarbonates, and polyurethanes. Covestro markets its products to industries including automotive, construction, health, electronics, and medical engineering.
Evonik Industries AG headquarters are located in Germany and was founded in 2007. Evonik Industries AG manufactures specialty chemicals. The Company offers different products in the field of consumer goods, animal nutrition, and pharmaceuticals. It is the second largest chemicals company in Germany, and one of the largest specialty chemicals companies in the world.
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