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Polymethyl Methacrylate Market Share, Application,Growth,
Market Leader, Research and Forecasts to 2020 | Hexa Research
“ Global PMMA Market is expected to witness significant growth over the next
six years.”
20 December 2018
With increase in demand of enhanced fuel economy and rising fuel prices in vehicle are anticipated to drive
vehicle electrification Industry growth globally. Stringent government policies on harmful emissions from
Carbon dioxide and rise in pollution are driving the electrification industry from past few years. This ma rket is
likely to experience high growth due to rising requirement for electric systems in tax exemptions, vehicles
and subsidies by the government with increase in diesel and petrol prices. Major Products in Electric vehicles
market are Electric power steering, electric water pump, thermoelectric generator, electric oil pump, electric
vacuum pump, electric mobile phone charger and liquid heater PTC.
Browse Details of Report @ https://www.hexaresearch.com/research-report/polymethyl-methacrylate-industry/
Key players for Electric Vehicles market are JTEKT Corporation, Visteon Corporation, NSK ltd, Denso
Corporation, Friedrichshafen AG, BorgWarner Inc and Nexteer Automotive Group Ltd
Largest Electric Power steering is expected to contribute for the major market share due to potential of
ensuring the safe and secure driving in vehicles from hydraulic power steering. This segment is further
estimated to provide low energy consumption, better handling and reduced weight in vehicles which
ultimately gives a strong place to market of Electric Power Systems. North America is likely to witness
major market share due to its growth in vehicle market, rigorous norms for emissions, and government
subsidize provided for electric vehicles. Classification of Electric Vehicle Industry can be done on
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