The global Electric Vehicle (car) polymers market size is expected to reach USD 418.27 Billion in 2028 and register a revenue CAGR of 66.9% during the forecast period. Increasing production and sales of Electric Vehicles (EVs), and rising number of initiatives by governments of various countries such as provision of tax rebates and incentives on purchases EVs in order to promote adoption of electric vehicles and contribute to reducing carbon footprint are factors driving demand for electric vehicle (car) polymers to manufacture lightweight and eco-friendly electric vehicles, thereby boosting market revenue growth.
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