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EV Charging Station Raw Materials Market to Be Worth $8.1 Billion by 2031 - Exclusive Report by Meticulous Research®REDDING, Calif., June 18, 2024 /PRNewswire/ -- According to a new market research report titled, 'EV Charging Station Raw Materials Market by Material Type (Metals & Alloys (Stainless Steel, Aluminum, Copper), Polymers (PC Resins, Elastomers, TPU)), Application (Cords, Displays), Charging Type, and Geography—Global Forecast to 2031,' the EV charging station raw materials market is projected to reach $8.1 billion by 2031, at a CAGR of 35.6% from 2024–2031. In terms of volume, the market is expected to reach 1,09,248.5 metric tons by 2031, at a CAGR of 12.7% from 2024–2031.  Download Sample Report Now- https://www.meticulousresearch.com/download-sample-report/cp_id=5200 An electric vehicle charging station provides electric energy to recharge EVs. The rising need to reduce carbon emissions and other harmful pollutants associated with traditional transportation has increased the demand for EV charging infrastructure for both commercial and residential applications. As a result, there is a surge in demand for raw materials like high-strength metals, alloys, and polymers, essential for manufacturing EV charging infrastructure. These materials undergo specialized processing to ensure that the charging infrastructure meets both aesthetic and operational standards. The global EV charging station raw materials market is segmented by material type (metals & alloys (copper, stainless steel, carbon steel, aluminum, nickel, titanium, chrome, other metals & alloys), polymers (thermoplastic polyurethanes, polycarbonate blends, polyurethanes, elastomers, polycarbonate resins)), application (cords, internal wiring, enclosures, connector guns, thermal switches, displays, flexible conduits, electric circuit breakers, energy meters and timers, cable hangers, nylon glands/lock nuts, charger plug holsters, other applications), charging type (level 2 charging, DC fast-charging, level 1 charging). The study also evaluates industry competitors and analyzes the market at the regional and country levels. Get a Glimpse Inside: Request Sample Pages- https://www.meticulousresearch.com/request-sample-report/cp_id=5200 Based on material type, the global EV charging station raw materials market is segmented into metals & alloys and polymers. In 2024, the metals & alloys segment is expected to account for the larger share of around 60% of the EV charging station raw materials market. This segment's large market share can be attributed to the surge in electric vehicle adoption, increasing investments and initiatives by electric mobility stakeholders to deploy wireless EV charging systems, and increasing government initiatives aimed at promoting the use of EVs. Metals and alloys possess the essential physical and aesthetic properties necessary for manufacturers to meet design and operational standards for electric vehicles and charging stations at optimal prices. Among these, stainless steel, aluminum, copper, nickel, and titanium are the most utilized raw materials within the electric mobility ecosystem. Based on application, the global EV Charging Station Raw Materials market is segmented into cords, connector guns, enclosures, charger plug holsters, nylon glands/lock nuts, electric circuit breakers, energy meters and timers, internal wiring, flexible conduits, thermal switches, cable hangers, displays, and other applications. In 2024, the cords segment is expected to account for the largest share of around 61% of the EV charging station raw materials market. This segment's large market share can be attributed to the frequent replacement of EV charging station cords due to their low operational lifespan, the global surge in EV adoption, the rising demand for high-power charging (HPC) cables, and technological advancements in EV charging cables, including innovations like liquid-cooling. Have Specific Research Needs? Request a Customized Report- https://www.meticulousresearch.com/request-customization/cp_id=5200 Based on charging type, the global EV Charging Station Raw Materials market is segmented into Level 1 charging, Level 2 charging, and DC fast-charging. In 2024, the Level 2 charging segment is expected to account for thelargest share of around 85% of the EV charging station raw materials market. This segment's large market share can be attributed to government funding and incentives aimed at the installation of Level 2 charging stations, the lower installation costs of Level 2 charging stations compared to DC fast-charging stations, and their greater efficiency, offering reduced charging times compared to Level 1 charging stations. Based on geography, the EV Charging Station Raw Materials market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of around 59% of the EV charging station raw materials market. Asia-Pacific's significant market share can be attributed to the growing demand for EVs in countries such as China and Japan and rising government initiatives to reduce greenhouse gas emissions. Additionally, electrification presents various opportunities across the value chain. For economies with well-established automotive manufacturing hubs like Indonesia and Thailand, it offers opportunities to expand their EV and charging station production. Moreover, it allows less developed economies to advance their automotive manufacturing capabilities. The key players operating in the global EV charging station raw materials market are Ryerson Holding Corporation (U.S.), DOMO Chemicals GmbH (Germany), DuPont de Nemours, Inc. (U.S.), SABIC (Saudi Arabia), BASF SE (Germany), thyssenkrupp AG (Germany), Covestro AG (Germany), Evonik Industries AG (Germany), POSCO (South Korea), Trinseo S.A. (U.S.), Celanese Corporation (U.S.), and Lanxess AG (Germany). Browse In-depth Report Now- https://www.meticulousresearch.com/product/ev-charging-station-raw-materials-market-5200 Scope of the Report: EV Charging Station Raw Materials Market Assessment—by Material Type
EV Charging Station Raw Materials Market Assessment—by Application
EV Charging Station Raw Materials Market Assessment—by Charging Type
EV Charging Station Raw Materials Market Assessment—by Geography
Unlock Opportunities: Buy Now- https://www.meticulousresearch.com/Checkout/76752903 Related Reports: EV Battery Recycling Market Size, Share, Forecast, & Trends Analysis Type (Li-ion, Ni-MH, SLA), Source (Commercial, Passenger, E-bikes), Process (Direct, Pyro, Hydro), Model (Contractual, Direct), Material (Graphite, Lithium) - Global Forecast to 2031 Second-life EV Batteries Market Size, Share, Forecast, & Trends Analysis by Application (Power Backup, Grid Connection, EV Charging, Renewable Energy Storage, Other Applications), End Use (Commercial, Residential, Industrial) & Geography - Global Forecasts to 2031 Electric Vehicle Charging Stations Market, by Charging Type (Level 1, Level 2, DC Fast Charging) Connection Type (Pantograph, Connector, Wireless) Component (Hardware, Software, Services) Mounting Type (Wall, Pedestal, Ceiling) Vehicle Type, End User, and Geography - Global Forecast to 2030 Electric Vehicle Traction Motor Market by Type (PMSM, Induction Motor, BLDC), Power Output (Less than 100 kW, 100 kW to 250 kW, More Than 250kW), Propulsion Type, Application, and Geography - Global Forecast to 2030 EV Battery Management Market by Vehicle Type (Electric Cars, LCV, HCV, E-scooters & Motorcycles, and E-bikes), Configuration, Design, Topology, Voltage, Cell Balancing Method, and Geography - Global Forecast to 2029 Energy Infrastructure for EV Charging Stations Market By Component (Transformers, Electric Distribution Systems), Number of EVSE, Energy Source (Renewable Energy Sources, Non-renewable Energy Sources), and Geography —Global Forecast to 2029 About Meticulous Research® Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact: Logo: https://mma.prnewswire.com/media/1757980/Meticulous_Research_Logo_1.jpg
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