With electric vehicle (EV) production set to grow at a compound annual growth rate (CAGR) of over 80% until 2017, plastics used in these vehicles will also see a tremendous growth according to the latest report from Frost & Sullivan of London, UK.The European and North American market for plastics in EVs was worth $0.5 million in 2010, and Frost & Sullivan anticipates that this will grow to $73 million by 2017.
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