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Engineering Plastics Market is expected to reach $102 billion by 2022 from 2015 market value of $67 billion, growing at a CAGR of 6.4% during the forecast period.
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Engineering Plastics Market by Product Type (Polyamide, Acrylonitrile-Butadiene-Styrene, Thermoplastics Polyesters, Polycarbonate, Polyacetals, Fluoropolymers, Others), Application (Packaging, Building & Construction, Electrical & Electronics, Automotive, Consumer Products, and Others) - Global Opportunity Analysis and Industry Forecast, 2014-2022
Introduction: Engineering Plastics Market is expected to reach $102 billion by 2022 from 2015 market value of $67 billion, growing at a CAGR of 6.4% during the forecast period. Engineering plastics, a segment of the plastic industry, are used in applications that require high performance with respect to thermal stability, chemical stability, impact resistance, mechanical strength, and dimensional stability. The specific categorization of these materials is due to their utility in various applications that require higher performance than commodity materials and require engineering to design customized products. Engineering plastics are gradually replacing metal from construction and automotive industries due to their durability, designing flexibility, high strength-to-weight ratios, and low densities.
Segmentation: The report analyzes the world engineering plastics market based on type, application, and geography. Based on type, it is segmented into polyamide (PA), acrylonitrile-butadiene-styrene (ABS), thermoplastics polyesters (PBT), polycarbonate (PC), polyacetals (POM), fluoropolymers (PVDF/PTFE), and others (PEEK/PMMA/PPS). Based on application, it is divided into packaging, building & construction, electrical & electronics, automotive, consumer products, and others. Geographically, it is studied across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, France, UK, Turkey, Russia, and others), Asia-Pacific (China, India, Japan, and Others), and LAMEA (Brazil, Argentina, and others). The report includes market size of these aforementioned engineering plastics segments.However, the market size is limited to abovementioned plastics only and excludes commodity plastics such as HDPE, LDPE, PVC, and PET. Get Sample Report@ https://www.alliedmarketresearch.com/request-sample/1518
Key Players: • BASF SE (Germany) • LG Chem (South Korea) • Sabic Innovative Plastics (Saudi Arabia) • Solvay SA (Belgium) • Evonik Industries AG (Germany) • Arkema SA (France) • E. I. du Pont de Nemours and Company (U.S.) • Royal DSM NV (Netherlands) • Lanxess AG (Germany) • Bayer AG (Germany) Read More@ https://www.alliedmarketresearch.com/engineering-plastics-market
ENGINEERING PLASTICS MARKET KEY BENEFITS FOR STAKEHOLDERS • The report provides an in-depth analysis of the engineering plastics market across major regions as well as the total revenue generated during the forecast period. • Quantitative analysis of the current trends and future estimations from 2014 to 2022 is presented, which assists the manufacturers to analyze the market. • The report also provides quantitative as well as qualitative market trends to facilitate the stakeholders in understanding the situations prevailing in the market. • The projections in the report are made by analyzing the current market trends and highlighting the market potential, in terms of value. • Extensive analysis is conducted by closely following key product positioning and monitoring the top contenders within the market framework.
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