The Engineering Plastics market is expected to be around US$ 139 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 7% during the forecast period.
The plastics, that have upgraded thermal or mechanical properties and are used in the manufacturing of commodity plastics like polyethylene, polystyrene, polypropylene, and PVC is known as engineering plastics. These materials show special properties such as wear and fatigue resistance, higher impact strength, chemical resistance, temperature resistance, and high abrasion. The engineering plastics are thermoplastic materials that are expensive and are specially planned for unique purpose applications. Conventional plastic processing machinery is used to procedure these materials. Engineering plastics like acrylonitrile butadiene styrene is used in the production of lego bricks and dashboard trim whereas polycarbonates are used in the motorcycle helmets and polyamides for the production of skis and ski boots. An increasing use of engineering plastics by end user industries, especially automotive, transportation, and medical industries is anticipated to drive global demand for the same over the estimate period. Rapid urbanisation, infrastructure development, and increased income levels across various end-user segments are other factors likely to increase the development of the global engineering plastics market. But, high costs of engineering plastics, growing use of alternative substitutes, and fluctuations in the cost of raw materials are likely to hamper the development of the global engineering plastics market over the estimate period.
The global Engineering Plastics market is segregated on the basis of Type as Polyphenylene Sulfide, Polymethyl Methacrylate, Polyphenylene Oxide, Polyetheretherketone, Acrylonitrile Butadiene Styrene, Polyamides, Polycarbonates, Thermoplastic Polyesters, Polyacetals, and Fluoropolymers. Based on End-Use Industry the global Engineering Plastics market is segmented in Industrial & Machinery, Packaging, Medical, Automotive & Transportation, Consumer Appliances, Electrical & Electronics, and Others.
The global Engineering Plastics market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Engineering Plastics market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
BASF SE, Covestro, Celanese Corporation, Dowdupont, Solvay S.A., LG Chem, SABIC, Evonik Industries AG, LANXESS, Mitsubishi Engineering -Plastic Corporation, and others are among the major players in the global Engineering Plastics market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Engineering Plastics Market has been segmented as below:
Engineering Plastics Market, By Type
Engineering Plastics Market, By End-Use Industry
Engineering Plastics Market, By Region
Engineering Plastics Market, By Company
The report covers:
Report Scope:
The global Engineering Plastics market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Engineering Plastics market share. Major industry players with significant revenue share include BASF SE, Covestro, Celanese Corporation, Dowdupont, Solvay S.A., LG Chem, SABIC, Evonik Industries AG, LANXESS, Mitsubishi Engineering -Plastic Corporation, and others.
Reasons to Buy this Report:
Some of the recent Developments in Engineering Plastics market are as follows:
BASF SE
Celanese Corporation
Customization
Customized report as per the requirement can be offered with appropriate recommendations
Below are our new reports:
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Engineering Plastics Market, By Type
5.1 Introduction
5.2 Acrylonitrile Butadiene Styrene
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Polyamide
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Polycarbonates
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Thermoplastic Polyesters
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Polyacetals
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Fluoropolymers
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 Others
5.8.1 Market Overview
5.8.2 Market Size and Forecast
6. Engineering Plastics Market, By End-Use Industry
6.1 Introduction
6.2 Automotive & Transportation
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Consumer Appliances
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Electrical & Electronics
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Industrial & Machinery
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Packaging
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Other Applications
6.7.1 Market Overview
6.7.2 Market Size and Forecast
7. Engineering Plastics Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Engineering Plastics, By Type
7.2.2 North America Engineering Plastics, By End-Use Industry
7.3 Europe
7.3.1 Europe Engineering Plastics, By Type
7.3.2 Europe Engineering Plastics, By End-Use Industry
7.4 Asia-Pacific
7.4.1 Asia-Pacific Engineering Plastics, By Type
7.4.2 Asia-Pacific Engineering Plastics, By End-Use Industry
7.5 Rest of the World
7.5.1 Rest of the World Engineering Plastics, By Type
7.5.2 Rest of the World Engineering Plastics, By End-Use Industry
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 BASF SE
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Covestro
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Celanese Corporation
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Dowdupont
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Solvay S.A.
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 LG Chem
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 SABIC
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Evonik Industries AG
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 LANXESS
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Mitsubishi Engineering -Plastic Corporation
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Engineering Plastics Market has been segmented as below:
Engineering Plastics Market, By Type
Engineering Plastics Market, By End-Use Industry
Engineering Plastics Market, By Region
Engineering Plastics Market, By Company
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