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.

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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

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