Press release
Engineering Plastics Market Competitive Dynamics and Global Outlook to 2025 | Acrylonitrile Butadiene Styrene (ABS), Polyamides, Polycarbonates, Thermoplastic Polyesters, Polyacetals (POM), Fluoropolymers, Polyphenylene Sulfide (PPS), Polymethyl Methacryl
Engineered plastics market accounted for a market revenue of nearly USD 79 billion in the year 2019 and is projected to grow at a CAGR of more than 7 % over the forecast period. Due to its utility in different applications, the unique classification of such materials demands greater performance than commodities and engineering to produce personalized goods.Request sample copy of this report at: https://www.adroitmarketresearch.com/contacts/request-sample/309
There are numerous reasons why this material is so popular. In certain cases, the cost of materials is lower than that for products. With growing market penetration, people began looking for ways to reduce the costs of plastics and ways to broaden plastics to new applications. Engineering plastics have better thermal stability and are used in those applications which require high temperature.
Various drivers supporting the market growth includes Growing demand for engineering plastics for the improved products. Growing demand for polyamide in 3D printing as a feedstock, growing demand for plastics goods from developing countries, and High cost of quality of raw materials used in plastics manufacturing.
Type wise the market is divided into Acrylonitrile Butadiene Styrene (ABS), Polyamides, Polycarbonates, Thermoplastic Polyesters, Polyacetals (POM), Fluoropolymers, Polyphenylene Sulfide (PPS), Polymethyl Methacrylate (PMMA), Polyphenylene Oxide (PPO), Polyetheretherketone (PEEK), and others. Similarly, in terms of end use the market is divided into Automotive & Transportation, Consumer Appliances, Electrical & Electronics, Industrial & Machinery, Packaging, Medical, Others.
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In terms of geography, the global engineering plastics is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa. Key players include, BASF, Covestro, Celanese Corporation, DowDuPont, Evonik Industries, Lanxess, Mitsubishi Engineering - Plastic Corporation, LG Chem, Solvay SA, Sabic
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Key segments across Pharmaceutical Consumer Appliances market
Type Overview, 2018-2025, (USD Billion and Kilotons)
Acrylonitrile Butadiene Styrene (ABS)
Polyamides
Polycarbonates
Thermoplastic Polyesters
Polyacetals (POM)
Fluoropolymers
Polyphenylene Sulfide (PPS)
Polymethyl Methacrylate (PMMA)
Polyphenylene Oxide (PPO)
Polyetheretherketone (PEEK)
Others
End-Use Overview, 2018-2025, (USD Billion and Kilotons)
Automotive & Transportation
Consumer Appliances
Electrical & Electronics
Industrial & Machinery
Packaging
Medical
Others
Regional Overview, 2018-2025, (USD Billion and Kilotons)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia-Pacific
Central & South America
Brazil
Argentina
Rest of Central & South America
Middle East & Africa
Saudi Arabia
Rest of Middle East & Africa
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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Account Manager Global
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