Engineering Plastics Market overview
The most recent market snapshots are provided by Maximise Market Research, who also offers a brief overview of Engineering Plastics market characteristics. The Engineering Plastics market is discussed in detail in the study, along with its dynamic trends, competitive landscape, and key market drivers. The worldwide Engineering Plastics market has been analysed using the research technique, and these results have been logically presented in the report.
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Engineering Plastics Market size was valued at US$ 99.42 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 7.2% from 2022 to 2029, reaching nearly US$ 173.39 Bn.
Engineering Plastics Market scope
The main objective of the report is to provide detail analysis of Engineering PlasticsMarket definition, segmentation, potential, competitive environment, important trends, and issues occurring while dealing with the industry’s key regions and major nations. The research includes a bottom-up approach for estimations of Engineering PlasticsMarket sectors. A thorough analysis of Engineering Plasticsmarket drivers, obstacles, key restrictions, and potential is studied.
In addition, the report assesses the market segments based on market volume, market size, market volume, and investment potential, as well as incremental revenue of the Engineering Plasticsmarket. Primary and secondary research were carried out in the Engineering Plasticsmarket research. Primary research included interviews with industry experts and Engineering Plastics Market surveys, while secondary research included verification. The Engineering Plasticsmarket report includes a SWOT and PESTEL analysis.
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Segmentation
by Type
• Acrylonitrile Butadiene Styrene (ABS)
• Polyamide (PA)
• Polycarbonate (PC)
• Thermoplastic polyesters (PET/PBT)
• Polyacetals (POM)
• Fluoropolymers
• PEEK
• Polyphenylene Sulfide
• Polyphenylene Oxide
• PMMA
• Others
Engineering plastics are used extensively in the automotive industry for motor trains, chassis, electrical parts, and interior and external décor. It is used in many different parts of cars, including dashboards, bumpers, seats, body panels, fuel systems, interior trim, under-bonnet parts, lights, exterior trim, liquid reservoirs, and upholstery.
by End-Use Industry
• Automotive & transportation
• Electrical & electronics
• Industrial & machinery
• Packaging
• Consumer appliances
• Medical
• Others
An increase in demand for lightweight engineering plastic is anticipated to boost market growth in the industry under consideration because of current environmental and financial concerns. Modern plastic materials are being added to automobiles by automakers to lighten and increase the fuel efficiency of their designs. A recent study found that every 10% decrease in vehicle weight causes a 6–8% decrease in fuel consumption.
Key Players
• BASF SE
• Celanese Corporation
• Covestro
• DSM N.V.
• Dupont
• Lanxess
• LG Chem.
• Mitsubishi Engineering-Plastics Corporation
• Saudi Basic Industries Corporation (Sabic)
• Solvay SA
• Teijin
• Toray
• Victrex Plc.
• Ashland
• Arkema
• A. Schulman, Inc.
• AdvanSix
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Regional Analysis
A detailed analysis of the regional Engineering Plastics markets includes factors influencing the market growth. Below are the regions studied for the report:
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Table Of Content:
1. Engineering Plastics Market: Research Methodology
2. Engineering Plastics Market: Executive Summary
2.1 Market Overview and Definitions
2.1.1. Introduction to the Engineering Plastics Market
2.2. Summary
2.1.1. Key Findings
2.1.2. Recommendations for Investors
2.1.3. Recommendations for Market Leaders
2.1.4. Recommendations for New Market Entry
3. Engineering Plastics Market: Competitive Analysis
3.1 MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2 Consolidation in the Market
3.2.1 M&A by region
3.3 Key Developments by Companies
3.4 Market Drivers
3.5 Market Restraints
3.6 Market Opportunities
3.7 Market Challenges
3.8 Market Dynamics
3.9 PORTERS Five Forces Analysis
3.10 PESTLE
3.11 Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• South America
3.12 COVID-19 Impact
Key Questions answered in the Engineering Plastics Market Report are:
- What is Engineering Plastics?
- What was the Engineering Plasticsmarket size in 2021?
- What is the expected Engineering Plasticsmarket size by 2029?
- What is the growth rate of the Engineering PlasticsMarket?
- Which are the factors expected to drive the Engineering Plasticsmarket growth?
- Which segment dominated the Engineering Plasticsmarket growth?
- What is the demand pattern for the Engineering Plasticsmarket?
- Which region held the largest share in the Engineering Plasticsmarket?
- Who are the key players in the Engineering Plasticsmarket?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Engineering Plastics Market.
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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