The Engineering Plastics Market size was valued at US$ 106.57 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 7.2% from 2023 to 2029, reaching nearly US$ 173.39 Bn.

Market Values:

The Engineering Plastics Market, valued at US$ 106.57 Bn. in 2022, is poised for substantial growth, with a projected total revenue reaching nearly US$ 173.39 Bn. by 2029, growing at a CAGR of 7.2%.

Report Scope:
The comprehensive report on the Engineering Plastics Market provides an in-depth analysis of market dynamics, including drivers, restraints, opportunities, and challenges. The market is segmented by type, end-use industry, and region, offering valuable insights into each segment’s growth and potential.

Research Methodology:
The report is based on primary data analysis from 2018 to 2022, utilizing facts, figures, visualizations, and presentations. Thorough research methodology ensures accuracy, providing stakeholders with reliable information for strategic decision-making.

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Dynamics:
The report highlights the dynamic nature of the Engineering Plastics Market, showcasing the increasing displacement of traditional materials by engineering plastics in various end-use applications. It discusses the adaptability and superior qualities of engineering plastics, such as stability, chemical resistance, heat resistance, abrasion resistance, and weatherability. The challenges, including competition from other polymers and processability issues, are addressed, providing a comprehensive view of the market dynamics.

Regional Insights:
The report examines key regions, including North America, Asia Pacific, Europe, Middle East & Africa, and South America. Asia Pacific is anticipated to dominate the market, with China leading the way. Factors contributing to the region’s growth include increased demand from nations like China, Japan, and India, spurred by the automotive, electrical, electronics, and semiconductor industries.

Market Segment Analysis:
The Engineering Plastics Market is segmented by type and end-use industry. The automotive & transportation segment, fueled by the demand for lightweight materials, is projected to hold the largest market share. Additionally, the report delves into specific types such as Acrylonitrile Butadiene Styrene (ABS), Polyamide (PA), Polycarbonate (PC), and others. Polyacetals (POM) are expected to witness rapid growth during the forecast period.

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What is Engineering Plastics Market  Segmentation?

by End-Use Industry

Automotive & transportation
Electrical & electronics
Industrial & machinery
Packaging
Consumer appliances
Medical
Others

Who are Engineering Plastics Market  Key Players?

1. Asahi Kasei Corporation
2. BASF SE
3. Celanese Corporation
4. Covestro
5. DSM N.V.
6. Dupont
7. Lanxess
8. LG Chem.
9. Mitsubishi Engineering-Plastics Corporation
10.Saudi Basic Industries Corporation (Sabic)
11.Solvay SA
12.Teijin
13.Toray
14.Victrex Plc.
15.Ashland
16.Arkema
17.A. Schulman, Inc.
18.AdvanSix
19.Chi Mei Corporation

Table of content for the Engineering Plastics Market  includes: 

1. Global Engineering Plastics Market  : Research Methodology 
2. Global Engineering Plastics Market  : Executive Summary

• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry 

3. Global Engineering Plastics Market  : Competitive Analysis

• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact 

6. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

Key Offerings:

• Past Market Size and Competitive Landscape
• Engineering Plastics Market Size, Share, Size & Forecast by different segment |
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Engineering Plastics Market Segmentation – A detailed analysis by Product
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations 

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