Press release
Impact of COVID-19 Outbreak on Engineering Plastic Compounds Market
Plastic Compounds Market
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 For Sample: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.
Buy Now : https://www.transparencymarketresearch.com/checkout.php?rep_id=1388<ype=S
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.
Explore Transparency Market Research’s award-winning coverage of the global Industry:
https://www.prnewswire.com/news-releases/extensive-demand-from-the-personal-care-and-cosmetics-industry-coupled-with-the-booming-construction-industry-will-invite-impactful-growth-for-the-mineral-oil--mineral-spirit-market-tmr-301311539.html
Global Engineering Plastic Compounds Market, by End-use Industry
Automotive & Transportation
Aerospace
Electrical & Electronics
Building & Construction
Consumer Goods & Appliances
Industrial Applications
Medical
Others
Contact Us
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
About Us:
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing 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 Impact of COVID-19 Outbreak on Engineering Plastic Compounds Market here
News-ID: 2316572 • Views: …
More Releases from Transparency Market Research
Thermal Cycler Market to Reach Over USD 1.7 Billion by 2034, Driven by R&D Inves …
The global thermal cycler market, a cornerstone of molecular biology and DNA amplification technologies, continues to witness steady expansion. According to recent industry analysis, the market was valued at US$ 1.1 billion in 2023 and is poised to grow at a CAGR of 5.1% from 2024 to 2034, surpassing US$ 1.7 billion by 2034. This growth is attributed to a surge in life sciences research, rising genomics applications, expanding diagnostic…
Thermal Fluids for Industrial Heaters Market to Reach USD 2.3 Bn by 2034, Driven …
The global Thermal Fluids for Industrial Heaters Market is entering a new era of sustained expansion, propelled by strong demand across food processing, oil & gas, pharmaceuticals, and high-temperature industrial operations. According to the latest industry assessment, the market was valued at US$ 1.3 billion in 2023 and is projected to reach US$ 2.3 billion by 2034, advancing at a CAGR of 5.2% from 2024 to 2034.
Backed by rising industrial…
Thermal Fogging Machine Market to Reach USD 5.3 Billion by 2034, Driven by Surgi …
The global Thermal Fogging Machine Market is entering a period of sustained expansion, driven by heightened public health awareness, rapid advancements in agricultural protection technologies, and the rising need for efficient disinfection practices across commercial and residential environments. According to recent industry evaluations, the market was valued at US$ 2.8 billion in 2023 and is projected to reach US$ 5.3 billion by the end of 2034, expanding at a 6.0%…
Thermoformed Shallow Trays Market to Surpass USD 8.85 Bn by 2034, Driven by Sust …
The global thermoformed shallow trays market is entering a phase of sustained expansion, supported by the rapid rise of packaged food consumption, e-commerce growth, and technological advances in medical and pharmaceutical packaging. According to the latest industry assessment, the global market, valued at US$ 5,676.3 million in 2023, is projected to rise to US$ 5,891.5 million in 2024, and further exceed US$ 8,856.7 million by 2034, expanding at a CAGR…
More Releases for Plastic
Plastic bottles at events - Better party with plastic
Partying, dancing, camping - festivals attract hundreds of thousands of visitors every year in Germany alone. One challenge: supply and safety. For this reason, drinks in glass bottles are banned at most events due to the risk of injury. Lightweight and unbreakable plastic bottles, on the other hand, are considered a safe and practical alternative. Not only that: they can even be used to make a musical instrument.
Festivals or pageants…
Plastic Pallet With Plastic Crate Use: Efficient Material Handling
When it comes to efficient moving and storage of goods, a combination of plastic pallets [https://www.agriculture-solution.com/plastic-pallet/]and plastic crates is a popular choice. They are widely used in various industries such as manufacturing, retail, agriculture, etc. for storage and transportation of goods. Plastic pallets are designed to provide a stable base for stacking and shipping goods, while plastic crates provide safe and protective containers for stored or transported items. Plastic pallets…
Plastic Granules Market to Witness Massive Growth by Balaji Plastic, Navkar Indu …
The Worldwide Plastic Granules Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2023-2029. The exploration provides a 360° view and insights, highlighting major outcomes of Worldwide Plastic Granules industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging…
Insights on the Growth of Plastic Granules Market 2018 to 2025 | Profiling Key C …
UpMarketResearch offers a Latest report on “Plastic Granules Market Analysis & Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 114 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.
Request Sample Copy of This Report@ https://www.upmarketresearch.com/home/requested_sample/49052
Plastic Granules research report delivers a close watch on leading competitors with strategic…
Agriculture Film Market SWOT Analysis of Leading Key Players Shandong Tianhe Pla …
HTF MI recently introduced Global Agriculture Film Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are British Polythene Industries (BPI), Trioplast, Berry Plastics, Armando Alvarez, Polypak, Barbier…
Building Materials Market 218 : Hepworth, National Plastic Industry, Hira Indust …
Building materials in this report covered the PVC pipes and fittings, PPR pipes and fittings, PE pipes and fittings, fabrication, ducts systems for infrastructure, valves and pumps and electrical conduits PVC systems.
At present, Hepworth, National Plastic Industry, Hira Industries, Florance Plastic Industries, Polyfab Plastic Industry, MPI, Union Pipes Industry, ANABEEB, Borouge and ACO Group are the UAE leading suppliers of the building materials, and top ten of them shared about…
