What’s Driving the Growth of Engineering Plastics Market 2019? By key Players like Covestro AG, BASF SE, Solvay, Celanese Corporation, LG Chem., LANXESS, SABIC, DowDuPontvertical.The report further illustrates the status of key players in the competitive setting of the Engineering Plastics market, while expanding on their corporate strategies and product offerings.
Engineering plastics are advanced polymer composites that can be used in higher requirements in thermal resistance and mechanical strength. These plastics can be used at higher temperature between100°C to 150°C therefore, also known as technical thermoplastics. The engineering plastics can effectively replace the ceramics and metals in many cases.
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Top Key Players:
Covestro AG, BASF SE, Solvay, Celanese Corporation, LG Chem., LANXESS, SABIC, DowDuPont, Mitsubishi Engineering-Plastics Corporation, and Evonik Industries AG.
On the basis of type:
Based on End user:
Automotive & transportation
Electrical & electronics
Industrial & machinery
Middle East and Africa (MEA)
South & Central America
North America is expected to contribute to the largest share in the engineering plastics market in the coming years, increasing automotive production in the major economies in the region. However, Asia Pacific is expected to witness significant growth in the market during the forecast period, owing to the growing demand for engineering plastics in the consumer appliances, automotive & transportation industry, industrial & machinery, packaging, and electrical & electronics in the region.
The report analyzes factors affecting engineering plastics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the engineering plastics market in these regions.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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