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.
Engineering Plastics Market Report Scope and Research Methodology :
The Engineering Plastics Market is poised to reach US$ 150.88 billion by 2029. Engineering plastics, distinguished by their superior mechanical and thermal qualities, are increasingly replacing commodity plastics like polystyrene, PVC, polypropylene, and polyethylene. The report delves into various aspects of the Engineering Plastics market, including Type, End-Use Industry, and Region.
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Engineering Plastics Market Dynamics:
Engineering plastics have gained prominence by gradually replacing traditional materials in various end-use applications. These adaptable plastic materials offer exceptional physical and electrical features, including stability, chemical resistance, heat resistance, abrasion resistance, and weatherability. As a result, they represent one of the fastest-growing segments in the plastics industry.
Engineering Plastics Market Regional Insights:
Asia Pacific is expected to dominate the Engineering Plastics Market during the forecast period (2022-2029), with an anticipated market share of xx% by 2029. The region's rapid growth is attributed to the increasing demand in countries like China, Japan, and India. China is poised to be the largest market for engineering plastics, and India is expected to be the world's fastest-growing market, driven by growth in the automotive, electrical and electronics, and semiconductor manufacturing industries.
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Engineering Plastics Market Segmentation:
by Type
Acrylonitrile Butadiene Styrene (ABS)
Polyamide (PA)
Polycarbonate (PC)
Thermoplastic polyesters (PET/PBT)
Polyacetals (POM)
Fluoropolymers
PEEK
Polyphenylene Sulfide
Polyphenylene Oxide
PMMA
Others
by End-Use Industry
Automotive & transportation
Electrical & electronics
Industrial & machinery
Packaging
Consumer appliances
Medical
Others
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
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Table of content for the Engineering Plastics Market includes:
- Global Engineering Plastics Market: Research Methodology
- 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
- 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
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size and Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by growth and trend
- 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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