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The research report suggests that the North America electric vehicle polymers market will register revenue growth at a CAGR of 29.80% in the considered years 2019-2028. The United States and Canada shape the market in this region.
In the United States, the surge in the application of polymers in electric vehicles is mainly because of an increase in the adoption and sales of these vehicles. The stringent regulations to improve electric vehicle adoption are also assisting in the growth of the studied market in North America. Moreover, the massive investments by established OEM automotive companies in electric vehicles will augment the demand for the electric vehicle polymers market during the forecast period.