The global engineering plastics market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The automotive and transportation segment is expected to be the fastest-growing segment in the global engineering plastics market, with a CAGR of 5.2%. The electrical and electronics segment is expected to be the second-fastest-growing segment in the global engineering plastics market, with a CAGR of 4.8%.
The Asia Pacific region is expected to be the fastest-growing region in terms of demand for engineering plastics during the forecast period, with a CAGR of 5.6%. North America will continue to dominate this market throughout the forecast period due to its high demand for automotive and transportation applications such as ABS (acrylonitrile butadiene styrene) and PC (polycarbonate).
- Increasing demand for lightweight materials in automobiles has led to an increase in the production of engineering plastics such as polypropylene (PP) and polyethylene terephthalate (PET). This has resulted in an increase in the demand for PP and PET across various industries including automotive, construction, aerospace & defense among others which will drive the growth of this market during the forecast period from 2017-2025.
- Polypropylene (PP) is one of the most widely used engineering plastic due to its low cost and high strength properties which make it suitable for use as packaging material or food containers among other applications where durability is required such as pipes or cables insulation among others . Polyethylene terephthalate (PET) on other hand offers excellent chemical resistance properties making it suitable for use in food packaging applications where there are chances that chemicals may be present which can damage other types of plastic material such as PVC or polystyrene among others. These factors are expected to drive growth during forecast period from 2017-2025.
Industry Growth Insights published a new data on “Engineering Plastics Market”. The research report is titled “Engineering Plastics Market research by Types (Automotive & transportation, Electrical & electronics, Industrial & machinery, Packaging, Consumer appliances, Other applications), By Applications (Acrylonitrile Butadiene Styrene (ABS), Polyamide (PA), Polycarbonate (PC), Thermoplastic polyesters (PET/PBT), Polyacetals (POM), Fluoropolymers, Others), By Players/Companies BASF, Covestro , Celanese Corporation , Dupont, Solvay, LG Chem , Sabic , Evonik Industries, Lanxess, Mitsubishi Engineering”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Engineering Plastics Market Research Report
By Type
Automotive & transportation, Electrical & electronics, Industrial & machinery, Packaging, Consumer appliances, Other applications
By Application
Acrylonitrile Butadiene Styrene (ABS), Polyamide (PA), Polycarbonate (PC), Thermoplastic polyesters (PET/PBT), Polyacetals (POM), Fluoropolymers, Others
By Companies
BASF, Covestro , Celanese Corporation , Dupont, Solvay, LG Chem , Sabic , Evonik Industries, Lanxess, Mitsubishi Engineering
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Engineering Plastics Market Report Segments:
The global Engineering Plastics market is segmented on the basis of:
Types
Automotive & transportation, Electrical & electronics, Industrial & machinery, Packaging, Consumer appliances, Other applications
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Acrylonitrile Butadiene Styrene (ABS), Polyamide (PA), Polycarbonate (PC), Thermoplastic polyesters (PET/PBT), Polyacetals (POM), Fluoropolymers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- CovestroÂ
- Celanese CorporationÂ
- Dupont
- Solvay
- LG ChemÂ
- SabicÂ
- Evonik Industries
- Lanxess
- Mitsubishi Engineering
Highlights of The Engineering Plastics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automotive & transportation
- Electrical & electronics
- Industrial & machinery
- Packaging
- Consumer appliances
- Other applications
- By Application:
- Acrylonitrile Butadiene Styrene (ABS)
- Polyamide (PA)
- Polycarbonate (PC)
- Thermoplastic polyesters (PET/PBT)
- Polyacetals (POM)
- Fluoropolymers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Engineering Plastics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Engineering plastics are a type of plastic that is designed to be stronger and more durable than traditional plastics. They are often used in products that need to be resistant to harsh environments, such as the automotive and construction industries.
Some of the major players in the engineering plastics market are BASF, Covestro‚Â , Celanese Corporation‚Â , Dupont, Solvay, LG Chem‚Â , Sabic‚Â , Evonik Industries, Lanxess, Mitsubishi Engineering.
The engineering plastics market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Engineering Plastics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Engineering Plastics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Engineering Plastics Market - Supply Chain
4.5. Global Engineering Plastics Market Forecast
4.5.1. Engineering Plastics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Engineering Plastics Market Size (000 Units) and Y-o-Y Growth
4.5.3. Engineering Plastics Market Absolute $ Opportunity
5. Global Engineering Plastics Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Engineering Plastics Market Size and Volume Forecast by Type
5.3.1. Automotive & transportation
5.3.2. Electrical & electronics
5.3.3. Industrial & machinery
5.3.4. Packaging
5.3.5. Consumer appliances
5.3.6. Other applications
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Engineering Plastics Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Engineering Plastics Market Size and Volume Forecast by Application
6.3.1. Acrylonitrile Butadiene Styrene (ABS)
6.3.2. Polyamide (PA)
6.3.3. Polycarbonate (PC)
6.3.4. Thermoplastic polyesters (PET/PBT)
6.3.5. Polyacetals (POM)
6.3.6. Fluoropolymers
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Engineering Plastics Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Engineering Plastics Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Engineering Plastics Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Engineering Plastics Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Engineering Plastics Demand Share Forecast, 2019-2029
9. North America Engineering Plastics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Engineering Plastics Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Engineering Plastics Market Size and Volume Forecast by Application
9.4.1. Acrylonitrile Butadiene Styrene (ABS)
9.4.2. Polyamide (PA)
9.4.3. Polycarbonate (PC)
9.4.4. Thermoplastic polyesters (PET/PBT)
9.4.5. Polyacetals (POM)
9.4.6. Fluoropolymers
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Engineering Plastics Market Size and Volume Forecast by Type
9.7.1. Automotive & transportation
9.7.2. Electrical & electronics
9.7.3. Industrial & machinery
9.7.4. Packaging
9.7.5. Consumer appliances
9.7.6. Other applications
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Engineering Plastics Demand Share Forecast, 2019-2029
10. Latin America Engineering Plastics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Engineering Plastics Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Engineering Plastics Market Size and Volume Forecast by Application
10.4.1. Acrylonitrile Butadiene Styrene (ABS)
10.4.2. Polyamide (PA)
10.4.3. Polycarbonate (PC)
10.4.4. Thermoplastic polyesters (PET/PBT)
10.4.5. Polyacetals (POM)
10.4.6. Fluoropolymers
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Engineering Plastics Market Size and Volume Forecast by Type
10.7.1. Automotive & transportation
10.7.2. Electrical & electronics
10.7.3. Industrial & machinery
10.7.4. Packaging
10.7.5. Consumer appliances
10.7.6. Other applications
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Engineering Plastics Demand Share Forecast, 2019-2029
11. Europe Engineering Plastics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Engineering Plastics Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Engineering Plastics Market Size and Volume Forecast by Application
11.4.1. Acrylonitrile Butadiene Styrene (ABS)
11.4.2. Polyamide (PA)
11.4.3. Polycarbonate (PC)
11.4.4. Thermoplastic polyesters (PET/PBT)
11.4.5. Polyacetals (POM)
11.4.6. Fluoropolymers
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Engineering Plastics Market Size and Volume Forecast by Type
11.7.1. Automotive & transportation
11.7.2. Electrical & electronics
11.7.3. Industrial & machinery
11.7.4. Packaging
11.7.5. Consumer appliances
11.7.6. Other applications
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Engineering Plastics Demand Share, 2019-2029
12. Asia Pacific Engineering Plastics Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Engineering Plastics Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Engineering Plastics Market Size and Volume Forecast by Application
12.4.1. Acrylonitrile Butadiene Styrene (ABS)
12.4.2. Polyamide (PA)
12.4.3. Polycarbonate (PC)
12.4.4. Thermoplastic polyesters (PET/PBT)
12.4.5. Polyacetals (POM)
12.4.6. Fluoropolymers
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Engineering Plastics Market Size and Volume Forecast by Type
12.7.1. Automotive & transportation
12.7.2. Electrical & electronics
12.7.3. Industrial & machinery
12.7.4. Packaging
12.7.5. Consumer appliances
12.7.6. Other applications
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Engineering Plastics Demand Share, 2019-2029
13. Middle East & Africa Engineering Plastics Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Engineering Plastics Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Engineering Plastics Market Size and Volume Forecast by Application
13.4.1. Acrylonitrile Butadiene Styrene (ABS)
13.4.2. Polyamide (PA)
13.4.3. Polycarbonate (PC)
13.4.4. Thermoplastic polyesters (PET/PBT)
13.4.5. Polyacetals (POM)
13.4.6. Fluoropolymers
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Engineering Plastics Market Size and Volume Forecast by Type
13.7.1. Automotive & transportation
13.7.2. Electrical & electronics
13.7.3. Industrial & machinery
13.7.4. Packaging
13.7.5. Consumer appliances
13.7.6. Other applications
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Engineering Plastics Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Engineering Plastics Market: Market Share Analysis
14.2. Engineering Plastics Distributors and Customers
14.3. Engineering Plastics Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Covestro
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Celanese Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dupont
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Solvay
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LG Chem
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sabic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Evonik Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lanxess
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mitsubishi Engineering
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
&nb
