Global Engineering Plastics Market to grow at a CAGR of 7.14% during Forecast 2017-2021 - BASF, Evonik Industries, LG Chem, SABIC, Solvay

Engineering plastics have simple molecular structure and chemically independent macromolecules. These materials are used in a wide range of applications in the automobile and transportation, electrical and electronics, packaging, appliances, and consumer goods industries. This is due to its features such as lightweight, greater impact strength, abrasion resistance, high strain, and temperature resistance above 212F. They are broadly classified into acrylonitrile butadiene styrene (ABS), polyamide (PA), fluoropolymers, polycarbonate (PC), polyoxymethylene (POM), polybutylene terephthalate (PBT), styrene acrylonitrile (SAN), and polymethylmethacrylate (PMMA).

The global engineering plastics market to grow at a CAGR of 7.14% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global engineering plastics market 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- ROW

Technavio's report, Global Engineering Plastics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- BASF
- Evonik Industries
- LG Chem
- SABIC
- Solvay

Other prominent vendors
- Arkema
- Celanese
- Covestro
- DuPont
- LANXESS
- Mitsubishi Engineering-Plastics Corporation
- TORAY INDUSTRIES
- Royal DSM

Market driver
- Demand for replacements of metals and fiber glass
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?

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This release was published on openPR.