Wednesday , December 6 2023

The Engineering Plastics Market size was valued at US$ 106.57 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 7.2% from 2023 to 2029, reaching nearly US$ 173.39 Bn.

The purpose of this study is to provide a thorough examination of the Engineering Plastics Market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Engineering Plastics Market growth. The study also offers a comprehensive analysis of the market’s value chain.

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Market Values:

  • Market Size in 2022: US$ 106.57 Billion
  • Projected CAGR (2023-2029): 7.2%
  • Estimated Market Value by 2029: US$ 173.39 Billion

Report Scope: The latest comprehensive report on the Engineering Plastics Market delves into the global industry’s current state and future projections. Focused on segments such as Type, End-Use Industry, and Region, the report provides a detailed analysis of market dynamics, offering valuable insights for stakeholders.

Research Methodology: The report employs a robust research methodology, incorporating primary data analysis spanning 2018 to 2022. Utilizing facts, figures, visualizations, and presentations, the report presents a thorough examination of the Engineering Plastics market. Investment suggestions are derived from a meticulous analysis of the competitive environment.

Dynamics: Engineering plastics are increasingly displacing traditional materials in various end-use applications due to their superior mechanical and thermal qualities. The report highlights the adaptability of engineering plastics, discussing their impact on metal replacement in the automobile industry, especially for lightweighting vehicles to improve fuel efficiency.

Regional Insights: The report provides a detailed analysis of regions, including North America, Asia Pacific, Europe, Middle East & Africa, and South America. Notably, the Asia Pacific region is expected to dominate the market, with China as the largest market and India as the fastest-growing market. The report explores factors such as the growth of the electric vehicle industry in India, contributing to the demand for engineering plastics.

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Engineering Plastics Market Segmentation:

by Type

Acrylonitrile Butadiene Styrene (ABS)
Polyamide (PA)
Polycarbonate (PC)
Thermoplastic polyesters (PET/PBT)
Polyacetals (POM)
Polyphenylene Sulfide
Polyphenylene Oxide

by End-Use Industry

Automotive & transportation
Electrical & electronics
Industrial & machinery
Consumer appliances

Engineering Plastics Market    Key Players: 

1. Asahi Kasei Corporation
3. Celanese Corporation
4. Covestro
5. DSM N.V.
6. Dupont
7. Lanxess
8. LG Chem.
9. Mitsubishi Engineering-Plastics Corporation
10.Saudi Basic Industries Corporation (Sabic)
11.Solvay SA
14.Victrex Plc.
17.A. Schulman, Inc.
19.Chi Mei Corporation

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Table of content for the Engineering Plastics Market   includes: 

  1. Global Engineering Plastics Market    : Research Methodology 
  1. Global Engineering Plastics Market    : Executive Summary
  • Market Overview and Definitions
  • Introduction to the Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders
  • Recommendations for New Market Entry
  1. Global Engineering Plastics Market    : Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact
  1. Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy
  • Recent Developments

Key Offerings:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region
  • Market Size, Share, Size and Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by growth and trend
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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