Global Engineering Plastics Market 2023 : SWOT Analysis Of Key Driving Factors For Growing CAGR Value | Covestro AG, Du Pont de Nemours & Company, LG Chem Ltd., Evonik Industries AG, Mitsubishi Chemical Engineering Corporation

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Engineering Plastics Market Size, Growth Rate, And Forecast
The global engineering plastics market size grew from $96.04 billion in 2022 to $104.99 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The engineering plastics market size is expected to grow to $145.11 billion in 2027 at a CAGR of 8.4%.

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Engineering Plastics Market Drivers
The growth in the electronics and electrical industries is expected to propel the growth of the engineering plastics market going forward. The electronics industry produces consumer electronics, electrical equipment, and electrical components for a variety of products.

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Engineering Plastics Market Segments
1) By Type: Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Thermoplastic Polyester, Polyacetal, Fluoropolymer, Other Types
2) By Performance Parameter: High Performance, Low Performance
3) By End-Use Industry: Automotive And Transportation, Consumer Appliances, Electrical And Electronics, Industrial And Machinery, Packaging, Other End-Use Industries

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Engineering Plastics market.

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Engineering Plastics Market Key Players
Major players in the engineering plastics market are Covestro AG, Du Pont de Nemours & Company, LG Chem Ltd., Evonik Industries AG, Mitsubishi Chemical Engineering Corporation, BASF SE, Celanese Corporation, Solvay S.A, Saudi Basic Industries Corporation, Lanxess AG, and E. I. du Pont de Nemours and Company.

The Business Research Company's "Global Engineering Plastics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Engineering Plastics Market Include:
1. Executive Summary
2. Engineering Plastics Market Characteristics
3. Engineering Plastics Market Trends And Strategies
4. Engineering Plastics Market - Macro Economic Scenario
5. Engineering Plastics Market Size And Growth
……
27. Engineering Plastics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Engineering Plastics Market
29. Engineering Plastics Market Future Outlook and Potential Analysis
30. Appendix

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