Press release
Global Engineering Plastics Market will multiply at impressive CAGR by 2023 & Top Key Players are BASF SE, DowDuPont Inc., SABIC, Shin-Etsu Chemical Corp., and PolyOne Corp
Growing usage in applications such as automotive & transportation, electricals & electronics, consumer appliances, industrial & machinery, packaging, and other applications (construction and medical among many others) is fostering the engineering plastics market growth. The companies are indulged in R&D activities to innovate and develop new products, which can open new paths of applications.
Research Methodology
The engineering plastics market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights. The real-time assessment of the market is an integral part of our market sizing and forecasting methodology. Our industry experts and panel of primary participants have helped in compiling relevant aspects with realistic parametric estimations for a comprehensive study. The participation share of different categories of primary participants is given below:
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Key Market Insights
Asia Pacific is the emerging region and also has a significant share in the global engineering plastics market. Other than Asia Pacific, South America, Middle-East, and developing countries of Europe have been witnessing substantial growth scenarios for engineering plastics. China and India are driving the demand for engineering plastics in the Asia Pacific region due to regional growth along with huge base of automobile manufacturers, increasing demand for packaging solutions from various applications industries, existence of electrical & electronics manufacturers, and increasing industrial establishment for metal fabrication. In developing regions, growing purchase power is leading the economic growth.
Globally, Asia Pacific is the largest engineering plastic market, primarily due to the presence of export-oriented manufacturing capacities and intense domestic demand from various end-user industries. The increase in manufacturing industries is further driving the market growth in the region. The anticipated economic stability in Europe is expected to boost its manufacturing sector, complementing the growth of the engineering plastics market. North America is likely to remain the key region with a significant contribution from the US. Few of the prominent companies operating in the engineering plastics market are BASF SE, DowDuPont Inc., SABIC, Shin-Etsu Chemical Corp., and PolyOne Corp.
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Types:
o Polycarbonate
o Acrylonitrile Butadiene Styrene
o Polyamides
o Thermoplastic Polyesters
o Others
Applications:
o Automotive & Transport
o Electrical & Electronics
o Consumer Appliances
o Construction
o Others
Geography:
o Asia Pacific
o North America
o Europe
o Rest of the World
Table of Contents
1 Report Outline 11
1.1 Introduction 11
1.2 Report Scope 12
1.3 Market Definition 12
1.4 Research Methodology 12
1.4.1 Data Collation & In-house Estimation 12
1.4.2 Market Triangulation 13
1.4.3 Forecasting 14
1.5 Study Declaration 15
1.6 Report Assumptions 15
1.7 Stakeholders 15
2 Executive Summary 17
2.1 The market will be speeding up from developing countries 17
2.2 Automotive & transport market is expected to ascend further 18
3 Market Positioning 19
3.1 Total Addressable Market (TAM): Polymeric Materials Market 19
3.1.1 Market Overview 19
3.1.2 Major Trends 20
3.2 Segmented Addressable Market 20
3.3 Related Markets 20
4 Market Outlook 21
4.1 Overview 21
4.2 Value Chain Analysis 22
4.3 PESTLE 23
4.4 Porter 5 (Five) Forces 26
4.5 Patent Analysis 27
5 Market Characteristics 29
5.1 Market Segmentation 29
5.2 Market Dynamics 30
5.2.1 Drivers 31
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About Kenneth Research:
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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