Market Overview:
The global engineering plastic compounds market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for engineering plastics from various end-use industries, such as automotive & transportation, aerospace, electrical & electronics, building & construction, consumer goods & appliances, industrial applications medical and others. In terms of type, PC (polycarbonate) is expected to lead the market during the forecast period owing to its properties such as high impact resistance and dimensional stability.
Product Definition:
Engineering plastic compounds are a type of plastic that is specifically designed for engineering applications. These compounds have a high resistance to heat, chemicals, and wear and tear, making them ideal for use in harsh environments. Engineering plastic compounds are used in a variety of applications, including automotive parts, medical devices, and industrial equipment.
PC:
Polycarbonate (PC) is a synthetic thermosetting plastic with high heat and impact resistance. It can be extruded, injection molded, or blow molded. Polycarbonate exhibits superior properties such as high chemical & temperature resistance along with good optical clarity at all temperatures. The compound also has excellent dimensional stability and possesses low moisture absorption property which makes it suitable for applications where water-resistance is required.
PA:
Polyacrylonitrile (PA) is a type of plastic with acrylonitrile as the main component. It has applications in engineering plastic compounds and finds use in various sectors such as automotive, construction, electrical & electronics industries. PA is also used for manufacturing injection molding equipment which are widely used across various end-use industries to produce components and parts that require high precision, excellent surface finish along with strong mechanical properties.
Application Insights:
The automotive & transportation application segment led the global engineering plastics compounds market in 2017 and is projected to witness significant growth over the forecast period. The growing demand for lightweight substitutes for metal and glass components in automobiles is expected to be a major factor driving product demand.
Aerospace was the second-largest application segment of EPCs in 2017. Growing aerospace industry coupled with increasing air travel due to rising disposable income levels has resulted in high product consumption worldwide. In addition, favorable government policies regarding replacement of traditional aircraft parts with modern engineered plastic counterparts are likely to propel industry expansion over the coming years as well. Asia Pacific will continue being one of the leading consumers of these materials throughout the forecast period owing to its rapidly expanding aviation sector coupled with robust industrial development across several economies including China India Japan Australia Philippines Vietnam Thailand etcetera etcetera et cetera et cetera (sorry about that).
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue in 2017. The region is expected to continue its dominance over the forecast period, with China being a key contributor. Rapid industrialization and urbanization have resulted in an increased demand for consumer goods and appliances, which has further propelled product sales across the region.
The automotive sector is one of the major industries that rely on plastic compounds for manufacturing parts such as exterior body panels, interior components such as airbags and other parts that are required during vehicle production. Rising disposable income coupled with increasing population has led to rising demand from developing countries including India, Thailand, Vietnam among others thus driving regional growth over the forecast period.
Growth Factors:
- Increasing demand from automotive and electrical & electronics industries
- Growing awareness about the benefits of engineering plastics over traditional materials
- Rising investments in research and development by leading players to develop new products
- Proliferation of online retail platforms that offer a wide range of engineering plastics at competitive prices
- Growing number of manufacturing facilities across regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Engineering Plastic Compounds Market Research Report
By Type
PC, PA, PET, PBT, PPE/PTFE, ABS, Others
By Application
Automotive & Transportation, Aerospace, Electrical & Electronics, Building & Construction, Consumer Goods & Appliances, Industrial Applications, Medical, Others
By Companies
Asahi Kasei, BASF, Celanese Corporation, Covestro, RTP, Daicel Polymer, Formulated Polymers, Eurostar Engineering Plastics, Piper Plastics, Asahi Kasei
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Engineering Plastic Compounds Market Report Segments:
The global Engineering Plastic Compounds market is segmented on the basis of:
Types
PC, PA, PET, PBT, PPE/PTFE, ABS, Others
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
Automotive & Transportation, Aerospace, Electrical & Electronics, Building & Construction, Consumer Goods & Appliances, Industrial Applications, Medical, 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:
- Asahi Kasei
- BASF
- Celanese Corporation
- Covestro
- RTP
- Daicel Polymer
- Formulated Polymers
- Eurostar Engineering Plastics
- Piper Plastics
- Asahi Kasei
Highlights of The Engineering Plastic Compounds 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:
- PC
- PA
- PET
- PBT
- PPE/PTFE
- ABS
- Others
- By Application:
- Automotive & Transportation
- Aerospace
- Electrical & Electronics
- Building & Construction
- Consumer Goods & Appliances
- Industrial Applications
- Medical
- 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 Plastic Compounds 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.
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- Correctly Positioning New Products
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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 specifically designed to be strong and durable. They are often used in products that need to be resistant to harsh environments, such as the outdoors.
Some of the major companies in the engineering plastic compounds market are Asahi Kasei, BASF, Celanese Corporation, Covestro, RTP, Daicel Polymer, Formulated Polymers, Eurostar Engineering Plastics, Piper Plastics, Asahi Kasei.
The engineering plastic compounds market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Engineering Plastic Compounds Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Engineering Plastic Compounds Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Engineering Plastic Compounds Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Engineering Plastic Compounds Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Engineering Plastic Compounds Market Size & Forecast, 2020-2028
4.5.1 Engineering Plastic Compounds Market Size and Y-o-Y Growth
4.5.2 Engineering Plastic Compounds Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PC
5.2.2 PA
5.2.3 PET
5.2.4 PBT
5.2.5 PPE/PTFE
5.2.6 ABS
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive & Transportation
6.2.2 Aerospace
6.2.3 Electrical & Electronics
6.2.4 Building & Construction
6.2.5 Consumer Goods & Appliances
6.2.6 Industrial Applications
6.2.7 Medical
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Engineering Plastic Compounds Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Engineering Plastic Compounds Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PC
9.6.2 PA
9.6.3 PET
9.6.4 PBT
9.6.5 PPE/PTFE
9.6.6 ABS
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive & Transportation
9.10.2 Aerospace
9.10.3 Electrical & Electronics
9.10.4 Building & Construction
9.10.5 Consumer Goods & Appliances
9.10.6 Industrial Applications
9.10.7 Medical
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PC
10.6.2 PA
10.6.3 PET
10.6.4 PBT
10.6.5 PPE/PTFE
10.6.6 ABS
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive & Transportation
10.10.2 Aerospace
10.10.3 Electrical & Electronics
10.10.4 Building & Construction
10.10.5 Consumer Goods & Appliances
10.10.6 Industrial Applications
10.10.7 Medical
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PC
11.6.2 PA
11.6.3 PET
11.6.4 PBT
11.6.5 PPE/PTFE
11.6.6 ABS
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive & Transportation
11.10.2 Aerospace
11.10.3 Electrical & Electronics
11.10.4 Building & Construction
11.10.5 Consumer Goods & Appliances
11.10.6 Industrial Applications
11.10.7 Medical
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PC
12.6.2 PA
12.6.3 PET
12.6.4 PBT
12.6.5 PPE/PTFE
12.6.6 ABS
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive & Transportation
12.10.2 Aerospace
12.10.3 Electrical & Electronics
12.10.4 Building & Construction
12.10.5 Consumer Goods & Appliances
12.10.6 Industrial Applications
12.10.7 Medical
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PC
13.6.2 PA
13.6.3 PET
13.6.4 PBT
13.6.5 PPE/PTFE
13.6.6 ABS
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive & Transportation
13.10.2 Aerospace
13.10.3 Electrical & Electronics
13.10.4 Building & Construction
13.10.5 Consumer Goods & Appliances
13.10.6 Industrial Applications
13.10.7 Medical
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Engineering Plastic Compounds Market: Competitive Dashboard
14.2 Global Engineering Plastic Compounds Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Asahi Kasei
14.3.2 BASF
14.3.3 Celanese Corporation
14.3.4 Covestro
14.3.5 RTP
14.3.6 Daicel Polymer
14.3.7 Formulated Polymers
14.3.8 Eurostar Engineering Plastics
14.3.9 Piper Plastics
14.3.10 Asahi Kasei
