Industries > Construction > Global Engineering Plastics Market 2019-2029

Global Engineering Plastics Market 2019-2029

Global Engineering Plastics Market by Type (Acrylonitrile Butadiene Styrene (ABS), Polyamide, Polycarbonates, Polyesters, Polyacetals, Fluoropolymers), by End User (Automotive and Transportation, Electrical & Electronics, Consumer Appliances, Industrial & Machinery, Packaging), Global Opportunity Analysis and Industry Forecast

PAGES: 311
PRODUCT CODE: MAT0100

DOWNLOAD FREE SAMPLE
WOOCS 2.2.1
DOWNLOAD FREE SAMPLE
SKU: MAT0100 Categories: , , Tags: ,

Market Definition:
• Engineering plastics are the materials with better mechanical and thermal properties compared to the widely used commodity plastics.
• These plastics are generally used for smaller objects or products with low volume, hence are produced in smaller quantities.
• Engineering plastics are high performance plastics and can effectively replace metals or ceramics due to its unique properties.

Market Overview and Trends
• Engineering plastics are widely adopted across various industries and have gradually replaced the traditional engineering material such as metal or wood in many applications.
• This adoption highly depends on the advantages offered such as good mechanical characteristics, excellent machinability and dimensional stability, good chemical resistance, and good wear resistance.
• As this is a technology intensive industry, engineering plastics industry integrates various advanced technologies such as alloy modification technology, engineering design amplification technology, polymerization technology, and processing and application technology.
• Implementation of such advanced technologies provides an edge in the research and development and the manufacturing process.
• Its unique properties have enhanced its application horizon across various industries such as aerospace, automobile, healthcare and many more.
• Recent studies conducted to exploring more properties and modification capabilities of engineering plastics open new avenues in the industry.

Market Dynamics:

Factors Influencing the Market Growth:
• Increasing demand of engineering plastics in the field of aerospace and automobiles is largely contributing to the growth of this market.
• Companies are largely focusing on reducing the vehicle weight and increasing the fuel efficiency of the vehicles based on utilization of engineering plastics.
• Advantages offered by engineering plastics over traditional material, and increasing adoption of these products on emerging countries are also propelling the growth of engineering plastics market during the forecast period.

Factors Restraining the Market Growth:
• Complex manufacturing process
• Regulatory barriers
• Presence of competitive alternatives

Market Segmentation 2019-2029:
The engineering plastics market is segmented on the type, end user and geography.

Type
• Acrylonitrile Butadiene Styrene (ABS) Market, 2019-2029
• Polyamide Market, 2019-2029
• Polycarbonates Market, 2019-2029
• Polyesters Market, 2019-2029
• Polyacetals Market, 2019-2029
• Fluoropolymers Market, 2019-2029
• Others Market, 2019-2029

End User
• Automotive and Transportation Market, 2019-2029
• Electrical & Electronics Market, 2019-2029
• Consumer Appliances Market, 2019-2029
• Industrial & Machinery Market, 2019-2029
• Packaging Market, 2019-2029
• Others Market, 2019-2029

Geographic breakdown

Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• LAMEA Market, 2019-2029

Competitive Analysis:
• There are large number of players operating in the engineering plastics industry.
• These companies are largely focusing on improving their manufacturing capabilities to develop and launch unique quality products.
• Players also adopt growth strategies such as product launches, partnership and collaborations and geographic expansion to enhance their market presence.
• In January 2016, DSM expanded its horizon across Europe, Middle East and African (EMEA) region by strengthening its distribution partnership with RESINEX and making its engineering plastics portfolio available in this region.
• In February 2017, Asahi Kasei Corp. launched an Engineering Plastics Technical Center in Europe.

Major Market Players:
BASF, Covestro, Solvay SA, Celanese, DowDuPont, LG Chem, SABIC, Evonik Industries, Lanxess, and Mitsubishi Engineering Plastics.

Visiongain is a trading partner with the US Federal Government
CCR Ref number: KD4R6

Download sample pages

Complete the form below to download your free sample pages for Global Engineering Plastics Market 2019-2029

    Download sample pages

    Complete the form below to download your free sample pages for Global Engineering Plastics Market 2019-2029

      Latest Construction news

      Visiongain Publishes Carbon Fibre Reinforced Plastic (CFRP) Composites Market Report 2024-2034

      The global Carbon Fibre Reinforced Plastic (CFRP) Composites market was valued at US$23.88 billion in 2024 and is projected to grow at a CAGR of 9.9% during the forecast period 2024-2034.

      27 November 2023

      READ

      Visiongain Publishes Magnesium Alloys Market Report 2023-2033

      The global Magnesium Alloys market was valued at US$1,550.6 million in 2022 and is projected to grow at a CAGR of 7.3% during the forecast period 2023-2033

      25 May 2023

      READ

      Visiongain Publishes Steel Market Report 2021-2031

      Growing urbanisation in emerging countries will aid infrastructure development in areas such as transportation and energy. The manufacturing and transportation sectors, which largely source and deliver raw materials for the fabrication of consumer goods, will benefit from economic success.

      27 October 2021

      READ

      Visiongain Publishes High Temperature Composite Resin Market Report 2021-2031

      The penetration of lightweight composites in the development of advanced engine technology requiring high thermal stability fueled the growth of high temperature matrix systems.

      19 July 2021

      READ