Press release
Engineering Plastics Market Expansion Projected to Gain an Uptick During 2013 - 2019
Engineering plastics include poly-oxymethylene plastic (POM), poly-tetrafluoroethylene (PTFE), poly-phenylene sulfide (PPS), polyamides (PA), Acrylonitrile-butadiene styrene (ABS), poly-carbonates (PC), poly-butylene terephthalate (PBT), poly-etheretherketone (PEEK), poly-ethylene terephthalate (PET), poly(p-phenylene) oxide (PPO), poly-sulphone (PSU), poly-etherketone (PEK) and polyimides. As a result of wide range of properties, engineering plastics have a diverse range of applications in automotives, electrical, electronics, packaging, medical, construction, consumer appliances, transportation and other industrial segments. Asia Pacific is most dominating market for engineering plastics; however Europe, North America and RoW are other geographic market segments.
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One of the major driving factors for this industry is growth of the automotive industry. Because of its somewhat similar properties to metals and light weight, these materials have been rapidly replacing some metal components in automotive as well as industrial machineries and help in weight reduction. Growth in demand of electronics and electrical appliances has been another driving factor. However, the higher cost of these materials may restrict the market for engineering plastics. Use of engineering plastics in aerospace industry for spaceship building could be one of the future trends.
BASF SE, Bayer Materialscience, Chi Mei Corporation, TICONA Engineering Polymers, Teijin Limited, SABIC Innovative Plastics US LLC., Eastman Chemical Company, Royal DSM NV, Wintech Polymer Ltd. and Evonik Degussa GmbH are some of the key manufacturer for engineering plastics.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
To view TOC of this report is available upon request @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=1388
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
About US
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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