Press release
Engineering Plastics Market Trends That Will Shape the Next Decade: Insights from Bio-based or recycled-based materials have emerged as a key trend gaining popularity in the engineering plastics market. Major companies operating in the engineering plastic
Engineering Plastics Market
How Large Will the Engineering Plastics Market Size By 2025?
The market size of engineering plastics has seen robust growth in the recent past. Its expansion is projected to be from $112.68 billion in 2024 to $121.77 billion in 2025, with a compound annual growth rate (CAGR) of 8.1%. The substantial growth in the historic period can be credited to the substitution of conventional materials, a surge in electrical and electronics sector, heightened attention to sustainability, the growth of the construction sector, and an increased demand in the medical device industry.
How Big Is the Engineering Plastics Market Size Expected to Grow by 2029?
The size of the engineering plastics market is projected to experience robust expansion in the upcoming years, escalating to a projected value of $176.22 billion by 2029, with a CAGR of 9.7%. This anticipated growth in the estimated period is linked to factors such as 3D printing and additive manufacturing, modernisation of infrastructure, applications in aerospace, the changing consumer electronics industry, and circular economy efforts. Noteworthy trends for the forecast period comprise high-performing thermoplastics, electronic miniaturisation, intelligent and functional materials, customised and bespoke solutions, and adherence to health and safety regulations.
View the full report here:
https://www.thebusinessresearchcompany.com/report/engineering-plastics-global-market-report
Which Key Market Drivers Powering Engineering Plastics Market Expansion and Growth?
The expected surge in the electronics and electrical sectors is likely to stimulate the expansion of the engineering plastics market. These sectors produce consumer electronics, electrical components and equipment that are integrated into a range of products. Various electronic goods, including computers, communication devices, switchgear, storage batteries, and switchboards, are manufactured using engineering plastics. For example, the Ministry of Electronics and Information Technology, a government organization in India, anticipates that the electronics manufacturing industry will expand from USD 75 billion in 2022 to USD 300 billion by 2026. Hence, the burgeoning electronics and electrical industries are contributing to an increased demand in the engineering plastics market.
Get your free sample here:
#Claim Your Free Sample Report:#
Which Fast-Growing Trends Are Poised to Disrupt the Engineering Plastics Market?
The utilization of bio-based or recycled-based materials is becoming a primary trend in the engineering plastics market. Major businesses active in this sector are leaning towards the creation of bio-based or recycled materials as a stronger alternative to plastic solutions, enhancing their market positioning. For instance, Toray Industries, Inc., a Japanese company that produces engineering plastics like PPS, nylon, and PBT, in August 2022, engineered the first-ever entirely bio-based adipic acid--an element of nylon 66 (polyamide 66), using sugars obtained from non-edible feedstock. This accomplishment was made possible through the company's unique blend of microbial fermentation and chemical purification technology, which incorporates separation membranes.
What Are the Emerging Segments in the Engineering Plastics Market?
The engineering plastics market covered in this report is segmented -
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
Subsegments:
1) By Acrylonitrile Butadiene Styrene (ABS): General Purpose ABS, High-Impact ABS, Flame-Retardant ABS
2) By Polyamide (Nylon): Nylon 6, Nylon 66, Other Nylon Grades
3) By Polycarbonate (PC): General Purpose Polycarbonate, Optical Grade Polycarbonate, Impact-Resistant Polycarbonate
4) By Thermoplastic Polyester (PET, PBT): Polyethylene Terephthalate (PET), Polybutylene Terephthalate (PBT)
5) By Polyacetal (POM): Homopolymer Polyacetal, Copolymer Polyacetal
6) By Fluoropolymer: Polytetrafluoroethylene (PTFE), Fluorinated Ethylene Propylene (FEP), Perfluoroalkoxy Alkane (PFA)
7) By Other Types: ket*one (PEEK), Polyphenylene Sulfide (PPS), Other Specialty Engineering Plastics
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7673&type=smp
Who Are the Global Leaders in the Engineering Plastics Market?
Major companies operating in the engineering plastics market include Covestro AG, DuPont de Nemours Inc., LG Chem Ltd., Evonik Industries AG, Mitsubishi Chemical Engineering Corporation, BASF SE, Celanese Corporation, Solvay S.A., Dow Chemical Company, Saudi Basic Industries Corporation, LANXESS AG, Asahi Kasei Corporation, DSM Engineering Plastics, Polyplastics Co. Ltd., Teijin Limited, Toray Industries Inc., Arkema S.A., Chi Mei Corporation, Daicel Corporation, Eastman Chemical Company, EMS-Chemie Holding AG, Formosa Plastics Corporation, Huntsman Corporation, INEOS Styrolution Group GmbH, JSR Corporation, KOLON Industries Inc., Kuraray Co. Ltd., Mitsui Chemicals Inc, Nilit Ltd., Radici Group, RTP Company, Sumitomo Chemical Co. Ltd., Techno Polymer Co. Ltd., Tosoh Corporation, Ube Industries Ltd., Victrex plc, Zhejiang NHU Special Materials Co. Ltd.
Which are the Top Profitable Regional Markets for the Engineering Plastics Industry?
Asia-Pacific was the largest region in the engineering plastics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the engineering plastics market during the forecast period. The regions covered in the engineering plastics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7673
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Plastics Market Trends That Will Shape the Next Decade: Insights from Bio-based or recycled-based materials have emerged as a key trend gaining popularity in the engineering plastics market. Major companies operating in the engineering plastic here
News-ID: 4248011 • Views: …
More Releases from The Business Research Company
Trypsin-EDTA Solution For Cell Dissociation Market Research Reveals Path To $2.0 …
The trypsin-EDTA solution for cell dissociation market is poised for remarkable expansion as advances in cell therapy and biomanufacturing continue to accelerate. With increasing demands for efficient and reliable cell processing methods, this sector is on track to experience dynamic growth over the next several years. The following overview explores the market's anticipated size, leading companies, emerging trends, and key segmentations shaping its future.
Projected Market Size and Growth Path for…
Triple Negative Breast Cancer Market Demonstrates Long-Term Growth Potential At …
An in-depth look into the triple negative breast cancer market reveals promising growth and significant advancements in treatment options. As research intensifies and new therapies emerge, this sector is poised for notable expansion and increased innovation in the coming years.
Projected Market Growth of the Triple Negative Breast Cancer Market by 2030
The market for triple negative breast cancer is anticipated to experience substantial growth, reaching a valuation of $1.48…
Treatment-Resistant Depression Market Outlook Signals Expansion To $2.59 Billion …
The treatment-resistant depression market is on track for significant expansion as new therapies and technologies emerge to address persistent challenges in managing this complex condition. With ongoing advancements in personalized medicine and digital health, this sector is expected to evolve rapidly in the coming years. Here's an in-depth look at the market size, key players, influential trends, and detailed segmentation shaping the industry's outlook.
Forecast of the Treatment-Resistant Depression Market Size…
Traumatic Brain Injuries Assessment Market Report 2026 Market Outlook Supported …
The assessment of traumatic brain injuries (TBI) is a rapidly evolving field, driven by technological advancements and a growing need for precise and timely diagnosis. As healthcare providers seek more effective tools to evaluate brain trauma, the market for TBI assessment is poised for notable expansion. Below is an in-depth look at how this market is expected to develop, the leading players involved, and the trends shaping its future.
Traumatic Brain…
More Releases for Engineering
qatar engineering & construction company,china railway construction engineering …
ASCO Qatar Consulting Engineers (ASCO)
Al Bandary Engineering
Al Darwish Engineering Wll
Al Uthman Mechanical
AlKaun Group
Aljaber Engineering LLC
Anton Nehmeh
Arab Engineering Bureau
Arabian Construction Engineering Company (ACEC)
Arabian Mep Contracting
Arc De Triomphe
Black Cat Engineering Construction Wll
Boom Construction
CMTC
https://gzwatches.cn/
Free engineering construction consultation
Email:nolan@wholsale9.com
Descon Engineering
EHAF Consulting Engineers
Egis International
Electro Mechanical Engineering Company
Engineering Building Materials Co.
Erga Group Qatar
Etimaad
Get Qatar
Gulf Engineering and Industrial Consultancy
Jersey Group
https://gzwatches.cn/
Free engineering construction consultation
Email:nolan@wholsale9.com
MEDGULF Construction Company
Mercury Engineering Qatar
Nael Bin Harmal
OB International
Prominent Qatar
Qatar Building Company
Qatar Integrated Building Solutions WLL
Seero Engineering…
List of China engineering companies, list of European engineering companies, lis …
ACS ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS SA, Madrid, Spain†
HOCHTIEF AG, Essen, Germany†
https://oberlodropship.com/
Free engineering consultation
Email：nolan@wholsale9.com
VINCI, Rueil-Malmaison, France†
CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD., Beijing, China†
BOUYGUES, Paris, France†
STRABAG SE, Vienna, Austria†
POWER CONSTRUCTION CORP. OF CHINA, Beijing, China†
SKANSKA AB, Stockholm, Sweden†
CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD., Beijing, China†
FERROVIAL, Madrid, Spain†
CHINA RAILWAY CONSTRUCTION CORP. LTD., Beijing, China†
FLUOR, Irving, Texas, U.S.A.†
CHINA RAILWAY GROUP LTD., Beijing, China†
SAIPEM SPA, San Donato Milanese, Italy†
EIFFAGE, Velizy-Villacoublay, France†
HYUNDAI ENGINEERING & CONSTRUCTION CO.…
CCECCK Engineering Construction Saudi Arabia Company road engineering, railway e …
CCECCK Engineering Construction Saudi Arabia Company https://oberlodropship.com/ is a leading engineering and construction company based in Saudi Arabia, specialized in a wide range of engineering projects. We have expertise in road engineering, railway engineering, port engineering, real estate engineering, hospital engineering, cultural center projects, shopping mall works, and public facilities projects.
With over a decade of experience in the industry, we have a proven track record of delivering high-quality projects…
CCECCK Engineering Construction Qatar Company road engineering, railway engineer …
CCECCK Engineering Construction Qatar Company https://oberlodropship.com/ is a leading engineering and construction company based in Qatar, specialized in a wide range of engineering projects. We have expertise in road engineering, railway engineering, port engineering, real estate engineering, hospital engineering, cultural center projects, shopping mall works, and public facilities projects.
With over a decade of experience in the industry, we have a proven track record of delivering high-quality projects on time and…
CCECCK Engineering Construction Dubai Company road engineering, railway engineer …
CCECCK Engineering Construction Dubai Company is a leading engineering and construction company based in Dubai, United Arab Emirates. We https://african-digest.com/ specialize in a wide range of engineering projects including road engineering, railway engineering, port engineering, real estate engineering, and public facilities projects.
With over a decade of experience in the industry, we have a proven track record of delivering high-quality projects on time and within budget. Our team of experienced professionals…
Aero Engineering Service Market Booming Segments; Investors Seeking Growth | Aer …
What's Ahead in the Global Aero Engineering Service Market? Benchmark yourself with strategic steps and conclusions recently published by AMA
Advance Market Analytics recently introduced Aero Engineering Service Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2025. Aero Engineering Service Market effective study on varied sections of Industry like opportunities, size, growth, technology, demand and trend of high leading players.…
