Press release
Engineering Plastics Market to reach USD173.39 Bn by 2029, emerging at a CAGR of 7.2 percent and forecast (2023-2029)
Engineering Plastics Market
The Engineering Plastics Market analysis delves into the diverse segments of the market, including Type, End-Use Industry, and Region.
The comprehensive report encompasses primary data analysis from 2018 to 2022, showcasing factual insights through figures, visualizations, and presentations. The report's investment recommendations are grounded in a meticulous assessment of the competitive landscape within the Engineering Plastics market.
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What are Engineering Plastics Market Dynamics:
Engineering plastics are increasingly supplanting conventional materials in various end-use applications.
These adaptable materials offer superior physical and electrical properties, including stability, chemical resistance, heat resistance, abrasion resistance, and weatherability, driving their rapid adoption across industries.
Challenges such as processability issues, particularly with thermoset plastics, and competition from other polymers, including lower-cost engineering resins, are influencing market dynamics.
Engineering Plastics Market Regional Insights:
The Asia Pacific region is poised to dominate the Engineering Plastics Market during the forecast period, with China anticipated to emerge as a key market player. Rapid industrial growth, particularly in automotive, electrical, and electronics sectors, coupled with favorable government initiatives, propels market expansion in this region. India's burgeoning electric vehicle industry further fuels the demand for engineering plastics, bolstering market growth.
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What is 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
Who are 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
Table of content for the Engineering Plastics Market includes:
1.Global Engineering Plastics Market : Research Methodology
2.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
3.Global Engineering Plastics Market : Competitive Analysis
MMR Competition Matrix
● Market Structure by region
● Competitive Benchmarking of Key Players
● Consolidation in the Market
● M&A 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
4.Company Profile: Key players
Company Overview
● Financial Overview
● Global Presence
● Capacity Portfolio
● Business Strategy
● Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
● Past Pricing and price curve by region (2022 to 2029)
● Market Size, Share, Size and Forecast by different segment | 2022-2029
● 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
● PORTER's analysis
● Value chain and supply chain analysis
● Legal Aspects of business by region
● Lucrative business opportunities with SWOT analysis
● Recommendations
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About Maximize Market Research:
Maximize Market Research is a multidisciplinary market research and consulting company staffed by professionals from various industries. Its coverage spans medical devices, pharmaceutical manufacturing, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automation systems. The company provides industry-verified market estimations, technical trend analysis, essential market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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