Supportive government policies and regulations pertaining to the increasing usage of alternative fuels to power automobiles are expanding the market. The continuous focus of the government on reducing the dependence on conventional fuel automobiles and improve issues related to environmental pollution will drive industry growth. Rising automotive production along with the availability of extensive public transportation across the region based on conventional fuels further contributes towards increasing pollution levels significantly.
In terms of market, Europe is expected to see strong demand for battery electric vehicles owing to increasing R&D projects along with stringent vehicle emission norms. Easily accessible charging infrastructures in conjunction with innovative electric bus technologies are providing potential growth prospects for electric buses. Increasing consumer inclination towards utilization of e-bikes offering economical means of transportation is accelerating the regional demand. North America will also witness significant growth due to stringent emission standards and regulations propelling the adoption of battery electric vehicles. Effective government policies are generating the requirement for electrification of on-road transport vehicles. Moreover, the ining price trend of electric batteries is lowering the ownership cost, further promoting the utilization of electric vehicles.
Denne historien er fra December 2020-utgaven av International Plastics News for Asia.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 2020-utgaven av International Plastics News for Asia.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Industry innovations aimed towards a greener future
Sustainability and circular economy, energy saving technologies, high-performance materials with enhanced properties, and cost-efficient production processes are expected to dominate the plastics industry in 2022 and beyond.
Special extrusion lines for bioplastic compounds
The biodegradable and compostable plastics sector is growing steadily, and this is partly due to the fact that several measures have been taken, especially in the EU, to cut down on single-use plastics.
Plastics revolutionise medical device production
The coronavirus pandemic has brought into focus the urgent need for medical supplies – which included medical disposables, medical devices, laboratory equipment, and many others.
Spinning and recycling go together in a single step
As a medium-sized German machine construction business, BB Engineering has been manufacturing components and systems for synthetic fibre and film production for more than 20 years.
Advanced high-performance light stabilisers
A range of high-performance light stabilisers with enhanced properties are now being made available.
ArabPlast holds successful edition
The 15th Edition of ArabPlast was held on 15-18November 2021 at the Dubai World Trade Centre, Dubai, U.A.E. Spanning over 28 years, ArabPlast is an exclusive event for plastics, petrochemicals, packaging and rubber industry, and serves as an attractive platform where global industry players show off their products to the Middle East market.
Food-grade plastics recycling facility installed in India
The well-established Indian recycler commissioned a PET bottle-to-bottle and a post-consumer polyolefin recycling line from Starlinger in mid-September.
How to bring down downtime in manufacturing
For most of us, the word downtime conjures images of relaxation.
Optimistic forecast for blow moulded plastics market
Growing demand from key applications is a key factor in the projected growth of the blow moulding sector.
The benefits of dedicated system for mould development
When it comes to useful tools that can enhance teamwork efficiency, we usually think of the Product Lifecycle Management (PLM) systems.
