세계 E-mobility용 열경화성 수지의 시장 규모는 2022년 484만 톤에서 예측 기간 동안 11.7%의 CAGR을 기록하며 2030년 1,173만 톤 규모로 성장할 것으로 예상됩니다.
전기차 생산량 증가와 정부의 전기차 보급 지원 정책은 에폭시, 폴리우레탄 및 기타 수지의 채택을 증가시키는 주요 요인으로 작용하고 있습니다. 이로 인해 전기자동차에 대한 열경화성 수지의 채택이 급증하면서 시장 성장을 견인하고 있습니다.
영국, 캐나다, 인도 등 각국 정부는 전기차 제조 및 보급을 촉진하기 위해 보조금 및 세금 감면 등의 정책을 시행하고 있습니다. 또한, 최근 개발된 첨단 전기자동차 제조 설비, 가솔린 자동차 제조업체의 전기자동차 전환, 시장 성장을 가속화하는 여러 요인으로 인해 전 세계적으로 전기자동차 생산량이 증가하고 있습니다. 따라서, 전기자동차 분야에 대한 정부의 노력과 전기자동차 제조 활동의 증가는 열경화성 재료에 대한 수요를 증가시켜 전기자동차 열경화성 수지 시장을 가속화하고 있습니다.
열경화성 수지는 촉매와 결합하여 제조된 열경화성 고분자로 우수한 강도, 저밀도, 높은 충격 강도, 부품 감소 등 여러 가지 유익한 특성을 가지고 있습니다. 따라서 열경화성 수지는 전기차 배터리에 이상적인 소재입니다. 배터리 기반 전기자동차의 수요 증가, 연료 전지 기술 혁신의 증가와 같은 주요 영향요인도 새로운 전기자동차 배터리 제조 장비 개발에 박차를 가하고 있습니다.
에폭시, 폴리우레탄과 같은 열경화성 수지는 우수한 자외선(UV) 저항성을 보장하기 때문에 전기차에 필수적입니다. 탄소 배출에 대한 우려의 증가, 새로운 전기차 모델 출시 등 주요 트렌드는 전 세계 전기차 수요를 증가시키고 있습니다.
아시아태평양의 국제 기업 진출, 탄소 배출량 감축을 위한 정부 규범 및 기타 중요한 요인들이 아시아태평양의 E-mobility 수요를 촉진하고 있습니다.
세계 E-mobility용 열경화성 수지 시장을 조사했으며, 시장 정의와 개요, 시장 규모 추이와 예측, 각종 부문별·지역별 상세 분석, 산업 구조, 시장 성장에 영향을 미치는 요인 분석, 사례 연구, 경쟁 상황, 주요 기업 개요 등의 정보를 정리하여 전해드립니다.
Global Thermoset Market for E-mobility size was estimated at 4.84 million tons in 2022, which is expected to grow to 11.73 million tons in 2030 with a CAGR of 11.7% during the forecast period between 2023 and 2030. The increasing electric car output and the government initiatives to aid the adoption of electric vehicles are the key variables increasing the adoption of epoxy, polyurethane, and others. As a result, the surge in adopting thermosets for e-mobility is bolstering the market growth.
The governments in various countries, including the United Kingdom, Canada, India, and others, are implementing subsidies, tax rebates, and others to fuel the manufacturing and adoption of e-mobility vehicles. In addition, the electric car output is increasing globally due to factors such as recently developed advanced E-car manufacturing facilities, the transition of petrol-based car manufacturers to electric cars, and several prime aspects accelerating the market growth. Hence, the government initiatives for the e-mobility sector and the rise in the production activities for electric cars are boosting the demand for thermoset materials, which, in turn, is accelerating the thermoset market for e-mobility.
Thermosets are thermosetting polymers manufactured in combination with a catalyst that has various beneficial properties such as superior strength, low density, high impact strength, significant part reduction, and others. Thus, the thermoset is an ideal material for the electric vehicle battery. The prime determinants such as increasing demand for battery-based electric vehicles, the rising technological innovations for fuel cells, and others are spurring the development of new electric vehicle battery manufacturing facilities.
For instance, in July 2023, Stellantis, an automotive manufacturer based in Europe, and Samsung SDI, a battery products manufacturer in the Asia Pacific formed a joint venture for the electric vehicle battery manufacturing facility in Indiana, the United States. The new electric vehicle battery manufacturing facility will be completed by the end of 2027. Therefore, the ongoing development of new electric vehicle manufacturing facilities will foster production activities in the upcoming years. This, in turn, will boost the demand for thermosets to enhance energy efficiency, thereby creating a lucrative opportunity for market growth.
Thermosets such as epoxy, polyurethanes, and others are vital for electric vehicles to ensure superior ultraviolet (UV) resistance. The key trends, including increasing carbon emission concerns, the launch of new electric vehicle models, and others are boosting the demand for electric vehicles at the global level.
For instance, according to the recent data published by the International Energy Agency (IEA), in 2022, the demand for light commercial vehicle electric vehicles at the global level reached more than 310,000 units, an increase of 90%. Therefore, the increase in the demand for electric vehicles at the global level is fostering the deployment of thermosets to ensure superior protection against wear and tear, thereby accelerating the market growth.
The vital factors, including the entry of international players in the Asia Pacific, the government norms for carbon emission reduction, and others, fuel the demand for e-mobility in the Asia Pacific.
For instance, according to the recent trends published by the International Energy Agency (IEA), in 2021, the demand for electric cars in China was 3.3 million units. In 2022, it was 8.0 million units. In 2022, the year-on-year electric car demand growth rate in China was 142%. Henceforth, the surging demand for e-mobility in the Asia Pacific region is spurring the utilization of thermosets to ensure excellent electrical insulation, this, in turn, is benefiting the market growth.
The mobility sector is among the major industries contributing to global carbon emission generation. Thus, governments at the global level are adopting carbon-neutral targets. For instance, the intermediate target of the European Green Deal is to reduce carbon emissions by 55% in 2030 and become carbon neutral by 2050. Therefore, the long-term sustainability targets to minimize carbon generation will accelerate the adoption of e-mobility, thereby creating a vital potential for the thermoset market for e-mobility growth during the forecast period.
The petrol and diesel-based vehicle manufacturers are transiting to the electric vehicle manufacturing facility. For instance, in June 2023, Renault, a global manufacturer of automobiles, announced its plan to expand in the Asian market by developing a new electric vehicle manufacturing facility in South Korea by 2026. Thus, developing a new electric vehicle manufacturing facility will boost the demand for thermosets, which, in turn, will create a favorable thermoset market for e-mobility growth outlook.
The governments at the global level are providing aid to attract e-mobility players to establish their manufacturing base in the respective countries. For instance, in September 2023, the Canadian government provided a USD 516.3 million grant to Volkswagen and USD 9.6 billion for manufacturing tax credits & USD 11.1 billion for performance incentives to a Stellantis-LG Energy Solution. Henceforth, the government initiatives for the long-term growth of e-mobility will augment traction for the thermoset for e-mobility.
The key players in the thermoset market for e-mobility include: Covestro AG, DuPont de Nemours, Inc., Huntsman International LLC., 3M, and others. The above-mentioned players involved in the manufacturing and supply of thermosets for e-mobility are leveraging their technological potential in strategies, including technology innovation, acquisitions, product innovations, facility development, and others to increase their market revenue and volume share in the global thermoset for e-mobility industry.
In May 2023, Huntsman International LLC., a leading manufacturer of thermosets for e-mobility developed polyurethane, carbon nanotube, and epoxy materials for the electric vehicle industry. Hence, the development of a new range of products will drive the market growth in the upcoming years.
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Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.