Engineering Plastics Market Opportunities to 2025 - 3M, Eastman Chemical Company, Evonik Industries AG, Grand Pacific Petrochemical Corporation, INEOS, LG Chem, Mitsubishi Engineering-Plastics Corporation, NOVA Chemicals Corporation Among Others

Engineering Plastics Market is expected to reach USD 143.6 billion by 2025, from USD 80.5 billion in 2017 growing at a CAGR of 7.5% during the forecast period of 2018 to 2025.

Global Engineering Plastics Market,
• By Type {Acrylonitrile Butadiene Styrene (ABS), Polyamide (Nylon: Under the Hood Applications), Polycarbonates and Others},
• End-Use Industry {Automotive & Transportation (Interior and Under the Hood Applications), Consumer Appliances (Air-Conditioner and Music Players), Electrical & Electronics (Semiconductor and Sockets & Switches),
• Industrial & Machinery (Power Tools),
• Packaging (Food and Medical) and
• Other Applications (Medical Applications and Construction)} and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast

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According to India Brand Equity Foundation, it is seen that the export of plastic products from India has increased by 17.1% and has been valued at $ 8.85 billion in 2017-18 as compared to $ 7.56 billion in 2016-17. These exports show that there is a rising demand for the engineering plastics which are used in a variety of applications.

In 2016, Arkema Coating Resins, a part of Arkema has added two new distributors OMYA and Palmer Holland Inc. for the engineering plastics and the PVC compounds. The addition of the two distributors will be helpful in the easier reach for the customers to get the products which are used in different applications.

Market Competitors:

The key players operating in the global engineering plastics market are –

• BASF SE
• Ashland
• Arkema
• DowDuPont
• Covestro AG
• A. Schulman Inc.,
• AdvanSix,
• Asahi Kasei Corporation,
• Celanese Corporation,
• LANXESS,
• Chi Mei Corporation,
• Chevron Phillips Chemical Company,
• Daicel Corporation.,
• 3M,
• Eastman Chemical Company,
• Evonik Industries AG,
• Grand Pacific Petrochemical Corporation,
• INEOS,
• LG Chem,
• Mitsubishi Engineering-Plastics Corporation,
• NOVA Chemicals Corporation,
• PolyOne Corporation,
• Polyplastics Co. Ltd.,
• Röchling Group,
• DSM,
• SABIC,
• Solvay,
• Trinseo,
• TEIJIN LIMITED and others.

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Market Drivers:

• Growing demand for engineering plastics for the improved products.
• Growing demand in the 3D printing which uses polyamides as a feedstock.
• Increased demand from the developing countries for the engineering plastics products
• Low cost of the raw material prices used for the production of engineering plastics

Table of Contents

1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports

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This release was published on openPR.