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.
Report Scope:
The comprehensive Engineering Plastics Market report delves into various segments, including Types, End-Use Industries, and Regions, providing a thorough analysis of market dynamics and key players.
Research Methodology:
The report employs a rigorous research methodology, incorporating primary data analysis from 2018 to 2022, supported by facts, figures, visualizations, and presentations. It explores market drivers, restraints, opportunities, and challenges, offering investment recommendations grounded in the current competitive landscape.
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Dynamics:
The market dynamics section highlights how engineering plastics are increasingly replacing traditional materials in various end-use applications. The report emphasizes the adaptability of engineering plastics, citing their superior physical and electrical properties, making them pivotal in sectors like automotive and electrical industries. It discusses the challenges related to processability, especially in thermoset plastics.
Regional Insights:
The Asia Pacific region is poised to dominate the Engineering Plastics Market by 2029, holding the largest market share. China is expected to be the market leader, while India emerges as the world's fastest-growing market. Factors such as the growth of the electric vehicle industry in India and the rapid economic development of Asia Pacific countries contribute to the rising demand for engineering plastics.
Segment Analysis:
The market is segmented based on Type and End-Use Industry. Notably, the Automotive & Transportation segment is anticipated to hold the largest market share by 2029, driven by the increasing demand for lightweight engineering plastics to enhance fuel efficiency in vehicles. Polyacetals (POM) is identified as a rapidly growing segment due to its exceptional mechanical and thermal qualities.
Summary:
The objective of the report is to present a comprehensive analysis of the Global Engineering Plastics Market, offering stakeholders insights into industry trends and forecasts. Key elements include a thorough examination of market size, trends, competitive analysis, and the impact of external and internal factors.
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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
- MA 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, SizeandForecast by different segment | 20232029
- 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
- PORTERs analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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