United States Engineering Plastics Market is projected to witness lucrative growth by reaching up to US$ 120328.11 Million by 2031 | Major key players - BASF SE, Covestro, Celanese Corporation.

Market Size and Forecast:

The Global Engineering Plastics Market size reached US$ 76490.64 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 120328.11 million by 2031. The market is expected to exhibit a CAGR of 6.87% during the forecast period (2024-2031).

The Engineering Plastics Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID): https://datamintelligence.com/download-sample/engineering-plastics-market?sz

The Engineering Plastics Market encompasses the production, distribution, and application of high-performance plastics designed to withstand mechanical stress, high temperatures, and chemical exposure. These plastics are used in automotive, electronics, aerospace, and industrial sectors due to their durability, lightweight properties, and versatility. The market growth is driven by rising demand for advanced materials in high-performance applications.

Industry Recent Developments:

USA:
In September 2025, the US engineering plastics market is projected to grow robustly due to the growing adoption of advanced manufacturing technologies and the demand for lightweight materials across automotive, aerospace, and electronics sectors. Key players continue investing in innovation and sustainable material alternatives to maintain leadership in the market.

In August 2025, increased demand for recyclable and eco-friendly engineering plastics was noted, driven by regulatory compliance and the expansion of consumer electronics and 5G infrastructure. Strategic collaborations between suppliers and OEMs fostered polymer innovations suited for electric vehicles and 5G applications.

Japan:
June 2025 saw prominence of the electrical and electronics segment in Japan's engineering plastics market, driven by high adoption of lightweight, high-impact resistant plastics for applications such as 5G network components and advanced smart devices. Liquid Crystal Polymer (LCP) production capacity increased substantially.

September 2025 updates highlighted continuous growth in Japan's engineering plastics market fueled by advancements in polymer technology and a strong manufacturing culture demanding durable, lightweight materials, especially in automotive and electronics sectors.

Europe:
In August 2025, the European engineering plastics market experienced a recovery in demand with small price discounts introduced to stimulate markets for high-density polyethylene and other polymers, despite price dips in some segments.

July 2025 reports indicated Europe's notable growth in engineering plastics driven by sustainability focus, strict environmental regulations, and increasing use in automotive and aerospace sectors. Germany remains the largest consumer in the region owing to its strong manufacturing base and packaging industry.

Speak to Our Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/engineering-plastics-market?sz

Major Key Players:

BASF SE
Covestro
Celanese Corporation
Du Pont
Solvay SA
LG Chem
Sabic
Evonik Industries AG
Lanxess AG
Mitsubishi Engineering-Plastics Corporation.

Key Growth Drivers:

Increasing Demand in Automotive Industry: Engineering plastics are extensively used in automotive components due to their lightweight, high strength, and durability, which help improve fuel efficiency and reduce emissions.

Rising Application in Electrical and Electronics: The expanding electronics sector demands materials that offer excellent thermal resistance and electrical insulation, propelling the use of engineering plastics.

Growing Adoption in Industrial Machinery and Construction: Engineering plastics are favored for their corrosion resistance and mechanical properties, making them ideal for industrial equipment and construction applications.

Segments Covered in the Engineering Plastics Market:

By Type: Polyethylene(Low-Density Polyethylene (LDPE), Medium Density Polyethylene (MDPE), High-Density Polyethylene (HDPE)), Polycarbonate, Polyester, Polypropylene, Polyurethane, Polyvinylchloride (PVC), Polyamides, Acrylonitrile Butadiene Styrene (ABS), Nylon, Polyethylene terephthalate (PET).

By End-User Industry: Automotive, Consumer Electronics, Electrical and Electronics, Packaging Industry, Medical Applications, Construction Industry, Machine Engineering, Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Looking For Full Report? Get it Here: https://www.datamintelligence.com/buy-now-page?report=engineering-plastics-market

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Engineering Plastics market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Engineering Plastics Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Engineering Plastics market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Engineering Plastics Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

Unlock 360° Market Intelligence with DataM Subscription Services: https://www.datamintelligence.com/reports-subscription

People Also Ask:

◆ How big is the Engineering Plastics Market in 2025?
◆ What is the projected growth rate of the Engineering Plastics Market through 2033?
◆ Who are the key players in the Engineering Plastics Market?
◆ Which region is expected to dominate the industry during the forecast period?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.