Engineering Plastic Market 2019 | Global Growth by Manufacturers, Major Application Analysis & Forecast To 2022

1. Engineering Plastic Market Research Report - Forecast to 2022 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2022 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt.) Ltd.)

2. Engineering Plastic Market Research Report- Forecast to 2022 Engineering Plastic Market -Overview Engineering plastics are group of plastic material such as polystyrene, PVC, polypropylene and polyethylene and others. These materials have superior properties such as higher impact strength, high abrasion, wear and fatigue resistance. It has better mechanical and thermal properties. Engineering Plastics are expensive and are manufactured for special purpose applications only. These are usually thermoplastic materials. Hence these materials can be easily processed with conventional plastic processing machinery. According to a recent study report published by the Market Research Future, the global market of engineering plastic is booming and expected to gain prominence over the forecast period. The Global Engineering Plastic Market is forecasted to demonstrate an exponential growth by 2023, surpassing its previous growth records in terms of value with a whooping, CAGR during the estimated period (2017 – 2023). High growth in automotive industry is the major factor driving the growth of the market. It has the slightly similar properties to metals and in light weight. Hence, these materials have been largly substituting some metal components in auto as well as industrial machineries and help in weight reduction. Additionally, high demand for electronics and electrical appliances among the consumers also fuelling the growth of the market. However, higher cost, fluctuating price of crude oil and regulatory challenges regarding CO2 emissions are some factors may hamper the growth of the market. www.marketresearchfuture.com

3. Engineering Plastic Market Research Report- Forecast to 2022 Segmental Analysis On the basis of Product, market is segmented into Polyamide, Acrylonitrile Butadiene Styrene, Thermoplastics Polyesters, Polycarbonate and Others. Acrylonitrile-Butadiene-Styrene is dominating product segment of the Engineering Plastic Market. Based on Application segment the market is segmented into Construction, Electrical & Electronics, Automotive, Consumer Goods, and Others. Automotive segment dominates application segment of the market. Engineering Plastic material are widely used in the automotive & transportation industry for applications such as connectors & housing, under-the-hood components, wheel well, lighting & components. Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World. View Full Press Release @ https://www.marketresearchfuture.com/reports/engineering-plastic-market-2161 www.marketresearchfuture.com

4. Engineering Plastic Market Research Report- Forecast to 2022 Regional Outlook Asia Pacific region dominates the Global Engineering Plastic Market. Rapid industrialization, and urbanization is the major factor driving the growth of the market. Additionally, growing demand from end use industries like petrochemicals, power generation, automobile manufacturing, packaging, electrical & electronics, and so on, and the increasing government spending in infrastructure activities are also fuelling the growth of the market in region. China, India, and Japan are the major market in the region. China is expected to account for the largest share in the Asia-Pacific region whereas India is expected to register the fastest growth in the Engineering Plastics Market, during the forecast period. North America is another major market for the Engineering Plastic. It is expected to contribute significantly during the forecast period. www.marketresearchfuture.com

5. Engineering Plastic Market Research Report- Forecast to 2022 Major Players in this Research Engineering Plastic Market Prominent Players: • BASF SE (Germany) • Covestro (Germany) • Solvay S. A. (Belgium) • Celanese Corporation (U.S.) • E. I. du Pont de Nemours and Company (U.S.) • LG Chem Ltd. (South Korea) • Saudi Basic Industries Corporation (Saudi Arabia) • Evonik Industries AG (Germany) • Lanxess AG (Germany) • Mitsubishi Engineering-Plastics Corporation (Japan). Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/2161 www.marketresearchfuture.com

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