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Global Engineering Plastics Market is expected to grow at a CAGR of 6.8% during the forecast period 2018-2023
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According to the new market research report by IndustryARC titled “Engineering Plastics Market By Type (ABS, PA, PC, POM, PMMA, PEEK, PET, PBT, Cast Nylon); By End-User (Aerospace, Building & Construction, Food, Mechanical, Medical, Others); By Application (CD/DVD, Medical Implants, Advanced Batteries, Shoes, Others); By Geography – Forecast Period (2018–2023),” the market will be driven by the replacement of metal parts by engineering plastics in various industries.
Asia Pacific Dominates the Engineering Plastics Market
Asia Pacific has the largest share in the Engineering Plastics Market due to the growing demand for engineering plastics by the end-user industries such as electrical & electronics, and automotive & transportation. The increase in the production of automotive parts in the region will bolster the market over the forecast period. China is the largest market for engineering plastics. The country’s engineering plastics market is primarily driven by the rapid growth of the automotive and transportation industry and the easy availability of feedstock.
Selected Regulatory Analysis Done in theEngineering Plastics Market Report
The automotive and transportation sector will dominate the Engineering Plastics Market over the forecast period. Engineering plastics are used in the automotive industry for applications in the wheel well, connectors and housing, under the hood components, headlamps, and fog lamps. The automotive sector growth rate is high in Asia-Pacific, particularly in China, India, Japan, and South Korea. The automotive and transportation market in these countries will drive the demand for engineering plastic products over the forecast period.
To access/purchase the Engineering Plastics Market report, click the link below: https://industryarc.com/Report/15507/engineering-plastics-market.html
Selected Driving Factors Mentioned in the Engineering Plastics Market Report
• Growth of the end-user industries such as electrical, electronics, packaging, automotive, construction, and consumer appliances will drive the demand for engineering plastic products.
• The easy availability of raw materials and low cost of production will boost the demand for engineering plastics.
• The benefits of engineering plastics such as flame resistance, durability, chemical resistance, and wear resistance compared to commodity plastics will provide ample opportunities for the engineering plastics market.
• Major investments by governments and companies in developing new technologies will propel the growth of the engineering plastics market.
Key Players of the Engineering Plastics Market
BASF SE, Covestro, and Celanese Corporation are the key players of the engineering plastics market. — BASF produces engineering plastics for extrusion, injection molding, and blow molding. The engineering plastics produced by BASF are developed for applications in the automotive & engineering, and electrical & electronic sectors. — Covestro offers products which have a desirable balance of properties such as impact strength and heat resistance to other materials. — Celanese provides high-performance engineering resins that offer resistance to friction and wear, and deliver good mechanical properties such as stiffness and strength.
The Engineering Plastics Market Is Segmented as Indicated Below:
The growing demand for electronic and electrical appliances will propel the growth of the engineering plastics market.
A. Engineering Plastics Market –By Type 1. ABS 2. Acetal 3. Acrylic 4. Bakelite 5. High Performance Materials 6. Nylon 7. PETP 8. Polycarbonate 9. Polyethylenes (PE) 10. Polypropylene (PP) 11. Polyurethane 12. PTFE 13. PVC 14. PEK 15. PEEK
B. Engineering Plastics Market – By Application 1. Abrasion Resistant Liners 2. Acid Trays 3. Anti-Corrosive Liners 4. Braking Tray Liners 5. Bearings 6. Bench Top 7. Boat Chopping Board 8. Boat Windscreen 9. Bolts & Nuts 10. Bottle Line Wear Plate 11. Buffer Pads 12. Bushes 13. Chain Guide 14. Chevron Packing’s 15. Conveyor Mechanisms 16. Cooling Towers 17. Cutting Boards 18. Display 19. Electrical Insulator 20. Exhaust Ducts 21. Feedscrolls 22. Food Production 23. Fume Ducting 24. Gaskets 25. Gears 26. Guards 27. Guide Strips 28. Guide Wheels 29. Heat Seal Surfaces 30. High Precision Parts 31. Hoppers 32. Insulators 33. Kicker Arms 34. Lantern Rings 35. Level Indicators 36. Lighting 37. Machine Guards 38. Metal Detector Chutes 39. Nuts and Bolts 40. Piston Rings 41. Piston Seals and Cups 42. Plating Tanks and Hoods 43. Pressure Plates 44. Pump Components 45. Rollers 46. Safety Glass and Guards 47. Scraper Blades 48. Seals 49. Security Windows 50. Self-Lubricating Parts 51. Sightglass 52. Skylights 53. Slide Bearings 54. Slideways 55. Terminal Boards 56. Thermal Insulators 57. Thrust Washers 58. Valve Bodies 59. Valve Components 60. Washer 61. Wear Pads 62. Wear Plates 63. Others
C. Engineering Plastics Market – By End User 1. Aerospace 2. Automotive 3. Building 4. Food 5. Packaging 6. Mechanical 7. Medical 8. Oil & gas 9. Semiconductor 10. Construction 11. Others
D. Engineering Plastics Market – By Geography (33+ countries) E. Engineering Plastics Market Entropy F. Company Profiles 1. BASF SE 2. Covestro 3. Solvay S.A. 4. Celanese Corporation 5. DuPont 6. LG Chem 7. Evonik Industry AG 8. Lanxess AG 9. Company 9 10. Company 10
More than 10 companies are profiled in this report
G. Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
What can you expect from the report?
The Engineering Plastics Market Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories 2. Market Trends 3. Manufacturer Landscape 4. Distributor Landscape 5. Pricing Analysis 6. Top 10 End User Analysis 7. Product Benchmarking 8. Product Developments 9. Mergers & Acquisition Analysis 10. Patent Analysis 11. Demand Analysis (By Revenue & Volume) 12. Country-level Analysis (15+) 13. Competitor Analysis 14. Market Shares Analysis 15. Value Chain Analysis 16. Supply Chain Analysis 17. Strategic Analysis 18. Current & Future Market Landscape Analysis 19. Opportunity Analysis 20. Revenue and Volume Analysis
Any other major customizations can be discussed with our team. We can also provide you with a separate quote based on your requirements. You can drop an e-mail to [email protected] to learn more about our consulting services.
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About IndustryARC
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, and Life Sciences & Healthcare.
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