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Latest News In Electric Vehicles - Expanding Plastics Market Drives Future Sustainable Vehicle Growth

The global electric vehicle plastics market has been experiencing significant growth and is projected to expand from $2.22 billion in 2023 to $16.7 billion by 2033, driven by the growing demand for electric vehicles and advancements in material technology. Trends such as the rising urban population, expansion of e-commerce, and favorable government initiatives are expected to fuel this growth. Key segments include polypropylene and battery electric vehicles, with a forecast for rapid...