Press release
Engineering Plastic Compounds Market to reach US$ 380 Bn by 2026
Albany, NY - According to the latest report by Transparency Market Research on the global engineering plastics market, the growth rate of the market is expected to be at an impressive CAGR of 8.0%. This growth rate is expected to be observed during the forecast period of 2018 to 2026. Also, with this robust growth rate, the global engineering plastics market will substantially improve on its initial valuation of US$190.0 bn recorded in 2017.The growth of the global engineering plastics market is primarily driven by the increasing adoption of 3D printing. In the near future, the demand for these engineering plastics is expected to rise as specialized applications and material advancements of the engineering plastics grow day by day. Originally, these type of materials offered a promising application for substituting traditional materials such as wood because of their cost-efficiency and ease of production for a broad ranged commercial use.
Request A Sample Of Engineering Plastic Compounds Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1388
Growing Applications of 3D Printing to Pave Way for Market Growth
Today, the new material advancements in the engineering plastics offers high growth potential for substituting traditional plastics in day to day items such as bumpers, ski boots, bike helmets, and other types of materials such as polycarbonates. This specialized nature is only expected to improve with the growing adoption of 3D printing technology across the globe.
Another important trend that has been fueling the development of the global engineering plastics market is of the growing popularity of electric vehicles. In recent years, given the increasing cry about environment conservation, electric vehicles have been among the top priorities for the auto industry. Naturally, the automotive sector is turning to engineered plastic with an objective to enhance the engine performance and improve mileage for these electric vehicles. The reason being, these engineered plastics are highly durable, cost-efficient, and lightweight. Custom designed engineered plastics offer great application in this area. As per a new research study, Kingfa Science, a prominent provider of engineering plastics to the automobile sector, is expected to expand is monthly supply to Maruti by around 500 tons. Such developments are thus expected to push the overall development of the global engineering plastics.
More Trending Reports by Transparency Market Research – https://www.prnewswire.com/news-releases/growing-dental-tourism-expected-to-create-novel-opportunities-in-restorative-materials-market-tmr-301121897.html
Market Leaders to Look for Integrating Suppliers for Performance Optimization
The competitive landscape of the global engineering plastics market is a highly fragmented one. This situation of the market is because of the presence of large pool of leading players. One key trend that has been observed among the leading companies in the global engineering plastics market is of integrating their suppliers. This strategy is being put in place so as to reduce the transportation expenses and improve the overall production output. Some of the leading companies in the global engineering plastics market include names such as RTP, Covestro AG, Celanese Corporation, BASF SE, Asahi Kasei Corporation, Wittenburg Group, Triseo LLC, and Piper Plastics among others.
Request for covid19 Impact Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1388
Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Engineering Plastic Compounds Market to reach US$ 380 Bn by 2026 here
News-ID: 2291397 • Views: …
More Releases from Transparency Market Research
Acromegaly Treatment Market to Reach USD 3.1 Billion by 2035, Driven by Diagnost …
The global Acromegaly Treatment Market is experiencing a significant transformation as improved early diagnosis, innovative therapeutic formulations, and regulatory support converge to expand patient access and drive substantial growth. According to the latest industry analysis, the global market, valued at US$ 1.5 billion in 2024, is projected to reach US$ 3.1 billion by 2035, progressing at a CAGR of 6.7% from 2025 to 2035.
Gain a preview of important insights from…
Forensic Genomics Market Projected to Surge to USD 2.4 Billion by 2035 as NGS, A …
The global Forensic Genomics Market is undergoing a period of accelerated transformation and expansion as next-generation sequencing (NGS), advanced PCR workflows, and AI/ML-driven bioinformatics redefine the capabilities of modern forensic investigations. According to the latest industry analysis, the market-valued at US$ 0.5 billion in 2024-is projected to reach approximately US$ 2.4 billion by 2035, expanding at a compound annual growth rate (CAGR) of 14.5% between 2025 and 2035.
Access key findings…
Planetary Roller Screw Market to Reach USD 1.1 Billion by 2035 as Demand for Hig …
The global Planetary Roller Screw Market is poised for substantial expansion over the next decade, driven by rising demand for high-load, high-precision performance in harsh industrial environments, rapid technological advancements, and the ongoing global shift toward electrified and automated systems. According to the latest industry intelligence, the market-valued at US$ 610.0 Mn in 2024-is projected to reach US$ 1,105.0 Mn by 2035, advancing at a compound annual growth rate (CAGR)…
Chemical Absorbent Cotton Market Set to Reach USD 600.1 Million by 2035 Driven b …
The global Chemical Absorbent Cotton Market is entering a phase of sustained expansion, backed by rapid industrialization, strengthened environmental regulations, and growing adoption of biodegradable absorbent solutions across healthcare, chemical handling, automotive, and industrial safety applications. According to the latest industry analysis, the global market-valued at US$ 340.0 million in 2024-is projected to reach US$ 600.1 million by 2035, expanding at a CAGR of 5.4% from 2025 to 2035.
Access key…
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
