"Global Engineering Plastics Market' – Industry Trends and Forecast to 2029
Global Engineering Plastics Market, By Type (Acrylonitrile Butadiene Styrene (ABS), Polyamide, Polycarbonates, Thermoplastic polyester, Others), Parameters (High Performance, Low Performance), Application (Abrasion Resistant Liners, Acid Trays, Anti-Corrosive Liners, Braking Tray Liners, Bearings, Bench Top, Boat Chopping Board, Boat Windscreen, Bolts and Nuts, Others), End-Use Industry (Automotive and Transportation, Consumer Appliances, Electrical and Electronics, Industrial and Machinery Packaging and Other), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2029.
The engineering plastics market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.90% in the above-mentioned forecast period.
Access Full 350 Pages PDF Report @
https://www.databridgemarketresearch.com/reports/global-engineering-plastics-market
Engineering plastics are basically the good quality plastics which are generally used to enhance the thermal and mechanical characteristics of the plastic to meet the higher requirements. They possess various beneficial properties such as the higher impact strength, high abrasion, alongside the wear and fatigue resistance. These plastics have replaced conventional engineering materials such as wood, metals.
**Segments**
- **Product Type**: The engineering plastics market can be segmented based on the type of products, including Polycarbonate (PC), Polyamide (PA), Polyoxymethylene (POM), Acrylonitrile Butadiene Styrene (ABS), and Thermoplastic Polyesters.
- **Application**: Segmentation based on applications includes Automotive, Electrical Electronics, Consumer Goods, Packaging, and Industrial Machinery.
- **End-Use Industry**: This segment categorizes the market based on end-use industries, such as Automotive, Aerospace, Building Construction, Medical, and Chemical.
**Market Players**
- **BASF SE**: A leading player in the engineering plastics market, BASF SE offers a comprehensive range of engineering plastics for various applications, focusing on innovation and sustainability to meet market demands effectively.
- **Covestro AG**: Covestro AG is another key player known for its high-performance plastics, contributing significantly to the engineering plastics market with a focus on technological advancements and product development.
- **DuPont**: With a strong presence in the engineering plastics industry, DuPont offers a wide range of high-quality materials catering to diverse industries, emphasizing on continuous RD and meeting customer requirements.
- **SABIC**: SABIC is a prominent player in the market, known for its advanced engineering thermoplastics that cater to a wide range of applications, focusing on sustainability and market expansion strategies.
- **Arkema**: Arkema is a notable market player offering a diverse portfolio of engineering plastics for varied applications, emphasizing on innovation and strategic collaborations to strengthen its market presence.
In conclusion, the engineering plastics market is witnessing significant growth driven by the increasing demand from key industries such as automotive, electrical electronics, and packaging. With a wide range of product types like PC, PA, POM, ABS, and Thermoplastic Polyesters, the market offers diverse options for manufacturers and end-users. Major market players such as BASF SE, Covestro AG, DuThe engineering plastics market has been experiencing remarkable growth attributed to the rising demand from key industries like automotive, electrical electronics, consumer goods, packaging, and industrial machinery. The segmentation of the market based on product types, applications, and end-use industries allows for a comprehensive understanding of the market dynamics and opportunities. Product types such as Polycarbonate (PC), Polyamide (PA), Polyoxymethylene (POM), Acrylonitrile Butadiene Styrene (ABS), and Thermoplastic Polyesters cater to diverse needs and applications across various sectors. The automotive sector remains a significant driver of demand for engineering plastics due to the lightweight, durable, and versatile nature of these materials in vehicle manufacturing.
In terms of application segmentation, the engineering plastics market finds extensive use in automotive components, electrical electronic devices, consumer goods packaging, and industrial machinery parts. The versatility and performance characteristics of engineering plastics make them ideal for these applications, offering advantages in terms of strength, impact resistance, chemical resistance, and design flexibility. The increasing focus on sustainability and regulatory compliance is also driving the adoption of engineering plastics in various end-use industries such as automotive, aerospace, building construction, medical, and chemical sectors.
Market players like BASF SE, Covestro AG, DuPont, SABIC, and Arkema play a crucial role in shaping the competitive landscape of the engineering plastics market. These companies are known for their extensive product portfolios, focus on innovation, sustainability initiatives, and strategic collaborations to enhance their market presence and meet the evolving customer demands. BASF SE, for instance, emphasizes innovation and sustainability in its engineering plastics offerings, ensuring that it stays at the forefront of market trends and technological advancements.
Covestro AG is recognized for its high-performance plastics that cater to diverse applications, contributing significantly to the growth of the engineering plastics market. DuPont's continuous investment in research and development enables it to offer high-quality materials that meet the stringent requirements of various industries, maintaining its position as a key**Global Engineering Plastics Market Overview**
- **Type**: Acrylonitrile Butadiene Styrene (ABS), Polyamide, Polycarbonates, Thermoplastic polyester, Others
- **Parameters**: High Performance, Low Performance
- **Application**: Abrasion Resistant Liners, Acid Trays, Anti-Corrosive Liners, Braking Tray Liners, Bearings, Bench Top, Boat Chopping Board, Boat Windscreen, Bolts and Nuts, Others
- **End-Use Industry**: Automotive and Transportation, Consumer Appliances, Electrical and Electronics, Industrial and Machinery Packaging, and Others
- **Country**: U.S., Canada, Mexico, Brazil, Argentina, Germany, France, Italy, U.K., Japan, China, India, South Korea, Australia, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, and Others
The global engineering plastics market is anticipated to experience substantial growth over the forecast period due to the increasing demand from key end-use industries such as automotive, electrical electronics, and industrial machinery. The market segmentation based on product types like ABS, Polyamide, Polycarbonates, Thermoplastic polyester, and others allows for a detailed analysis of the diverse offerings in the market catering to various applications and performance parameters.
The application segment of the engineering plastics market showcases a wide range of uses ranging from abrasion-resistant liners, acid trays, anti-corrosive liners, to boat windscreen, bolts, and nuts
Key points covered in the report: -
- The pivotal aspect considered in the global Engineering Plastics Market report consists of the major competitors functioning in the global market.
- The report includes profiles of companies with prominent positions in the global market.
- The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
- The driving factors for the growth of the global Engineering Plastics Market are thoroughly explained along with in-depth descriptions of the industry end users.
- The report also elucidates important application segments of the global market to readers/users.
- This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
- The experts also evaluate the export/import policies that might propel the growth of the Global Engineering Plastics Market.
- The Global Engineering Plastics Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Engineering Plastics Market Landscape
Part 04: Global Engineering Plastics Market Sizing
Part 05: Global Engineering Plastics Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
The investment made in the study would provide you access to information such as:
- Engineering Plastics Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East Africa]
- Country-wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Market Size
- Market Size by application/industry verticals
- Market Projections/Forecast
Browse Trending Reports:
x Ray Systems Market
Interventional Neurology Devices Market
Diabetes Care Devices Market
Electrosurgery Market
Plasma Fractionational Market
Blood Flow Measurement Devices Market
Harmonic Filter Market
Medical Device Packaging Market
Magnetic Refrigeration Market
Cloud Security Market
Rice Husk Ash Market
Glucometer Market
Lichen Nitidus Treatment Market
Battery Recycling Market
Color Concentrates Market
Molecular Modelling Market
Polyhydroxyalkanoate Pha Market
Laboratory Filtration Market
Animal Genetics Market
Cell Culture Market
Fiber Optics Gyroscope Market
Non Destructive Testing Equipment Market
About Data Bridge Market Research:
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact Us:
Data Bridge Market Research
US: +1 614 591 3140
UK: +44 845 154 9652
APAC : +653 1251 975
