The global engineering plastics market is projected to check in a wholesome CAGR of 7.2% in terms of cost and five.7% in phrases of extent all through the forecast duration. Future marketplace Insights offers key insights on the global engineering plastics marketplace in an upcoming studies booklet titled, “Engineering Plastics marketplace: global enterprise analysis and opportunity evaluation, 2016 – 2026”.

Destiny marketplace Insights analyses the marketplace overall performance and affords records on the important thing elements and tendencies impacting marketplace growth over the forecast period 2016–2026.

Vendor Highlights

The report also profiles leading players dominating the global engineering plastics market. Arkema Group, Asahi Kasei Corporation, BASF SE, Celanese Corporation, Covestro, DSM N.V, DuPont, Lanxess, LG Chem, Mitsubishi Engineering-Plastics Corporation, Saudi Basic Industries Corporation (SABIC), Solvay SA, Teijin Limited, Toray Industries, and Victrex PLC are some of the top companies operating in the global engineering plastics market.

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Market segmentation

By Product Type:

  • Polyamides (PA)
  • Polycarbonates (PC)
  • Polyoxymethylene (POM)
  • Polybutylene terephthalate (PBT)
  • Acrylonitrile butadiene styrene (ABS) and Styrene Acrylonitrile (SAN)
  • High Performance Polymers
  • Fluoropolymers
  • Polymethyl methacrylate (PMMA)
  • Others (includes UHMWPE/UHMW, TPI alloys and blends, etc.)

By Application:

  • Automotive and transportation
  • Electrical and electronics
  • Construction
  • Medical
  • Industrial and machinery
  • Packaging
  • Others (includes furniture and fixtures, sports goods, leisure products, etc.)

Engineering Plastics Market: Region-wise Insights

This report also covers trends driving each segment and offers analysis and insights of the potential of the engineering plastics market in specific regions. The APEJ region is expected to exhibit the highest market growth due to an increase in population, income levels, and rapid urbanisation in the region.

There is plenty of scope in the APEJ region for manufacturing automobiles, consumer appliances, electronic products, medical devices, industrial, and machineries. The APEJ region is anticipated to register a CAGR of 6.8% between 2016 and 2026 in terms of volume.

APEJ is expected to gain substantial market share owing to high demand from India and China, especially in the automotive and electrical and electronics industries. The North America market is expected to register a CAGR of 7.3% during the forecast period, owing to an increasing consumption of engineering plastics in the automotive and transportation industry in the region. In terms of volume, the market share of Western Europe and Japan is expected to decrease substantially over the forecast period, as they are mature markets for engineering plastics.

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