APAC Engineering Plastics Market Analysis
The Asia-pacific Engineering Plastics Market size is estimated at 68.86 billion USD in 2024, and is expected to reach 97.70 billion USD by 2029, growing at a CAGR of 7.25% during the forecast period (2024-2029).
The Asia-Pacific engineering plastics industry is experiencing significant transformation driven by rapid urbanization and technological advancement across the region. Changing demographics and lifestyle patterns have revolutionized consumer preferences, particularly in the packaging and electronics sectors. This shift has led to increased demand for functional and convenient packaging solutions, reflected in the region's substantial plastic packaging production volume of 68 million tons in 2022, representing 51% of global production. The integration of advanced polymers in manufacturing processes has enabled producers to meet these evolving consumer demands while maintaining product quality and sustainability standards.
The electrical and electronics sector has emerged as a pivotal force in shaping the engineering plastics landscape, driven by accelerating digitalization and technological innovation. The industry has witnessed remarkable advancements in smart electronic devices, autonomous robots, and advanced defense technologies. This technological revolution has created new applications for performance plastics, particularly in components requiring high performance and reliability. The sector's robust growth is evidenced by China's electronic component production revenue reaching USD 2.92 billion in 2022, highlighting the region's growing technological capabilities and manufacturing prowess.
The automotive sector is undergoing a significant transformation with the implementation of progressive investment policies and the shift toward electric vehicles. Notable regulatory changes, such as China's removal of restrictions on foreign investment in passenger car manufacturing and the introduction of 50:50 joint venture ratios between foreign and domestic entities, have created new opportunities for market expansion. This policy shift has attracted substantial foreign investment and technological expertise, fostering innovation in automotive engineering plastics applications and supporting the industry's modernization efforts.
The industry is witnessing a notable shift toward sustainable and high-performance materials, driven by stringent environmental regulations and increasing consumer awareness. Manufacturers are investing in research and development to create innovative solutions that meet both performance requirements and sustainability goals. The construction sector, particularly in Japan, has demonstrated this trend with a 4.11% growth in new construction floor area in 2022, emphasizing the increasing adoption of industrial plastics in modern building materials. This evolution reflects the industry's broader commitment to developing materials that combine durability with environmental responsibility.
Asia-pacific Engineering Plastics Market Trends
Rapid growth in ASEAN countries to foster electronics production
- The Asia-Pacific region saw an increase in electrical and electronics production revenue by 13.9% from 2020 to 2021. The electronics sector accounts for 20-50% of the total value of most Asian countries' exports. Consumer electronics such as televisions, radios, computers, and cellular phones are largely manufactured in the ASEAN region.
- ASEAN leads the production of hard drives, with over 80% of hard drives being manufactured in the region. Overall, the electrical and electronics (E&E) industry in ASEAN relies more on foreign inputs and technology than other industries, with 53% of E&E exports arising from foreign value added (FVA) or foreign inputs integrated into ASEAN’s E&E exports.
- Countries like Thailand and Malaysia lead in the production of electronics in the region. Thailand, home to one of the largest electronics assembly bases in Southeast Asia, leads in the production of hard drives, integrated circuits, and semiconductors. It ranks second in manufacturing air conditioning units and fourth in the global refrigerators market.
- The electronics industry has greatly benefitted from ASEAN's integrated production networks, which foster improved trade with larger Asian economies like China and Japan.
- China held an 11.2% share of global exports in electrical products and registered a growth of 5.8% in the export of digital products from 2019 to 2020. According to the Asian Development Bank, China provides a large market for electronics in the region. Countries such as Thailand, Japan, China, Malaysia, India, and the Philippines continue to lead the region in the production of electronics.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Rapid growth of civil aviation to drive the aerospace component production
- Growing FDI, coupled with supportive government initiatives, to drive the construction industry
- China to remain as the largest importer and exporter of fluoropolymers
- Large supply-demand gap in countries like China and India to prolong import dependency
- Huge demand from countries like China and India to promote trade in the region
- High profitability of styrene copolymer production in the region to drive international trade
- Technological advancements made the commercialization of recycled various engineering plastics economically viable.
- The PET recycling rate is high in countries like China (94%) India (90%) and Japan (86%)
- Electric vehicles to boost the automobile market in the coming years
- Evolving consumer trends and growing e-commerce sector to amplify plastic packaging industry
- Asia-Pacific to remain as a net importer of polyamide resin
- Chinese exports to help Asia-Pacific maintain its dominance in global PET trade
- South Korea to dominate regional POM exports
- Resin prices to remain under the influence of crude oil prices in the international market
- With PC resin is expected to reach 4.95 million tons by 2029 production of recycled PC to foster.
- Growing Electrical waste of around 24.9 million tons is an opportunity for many ABS manufacturers across the region to produce R-ABS.
Segment Analysis: End User Industry
Electrical & Electronics Segment in Asia-Pacific Engineering Plastics Market
The electrical and electronics industry represents the dominant force in the Asia-Pacific engineering plastics market, commanding approximately 31% market share in 2024, equivalent to USD 29.39 billion. This segment's leadership position is primarily driven by the widespread adoption of engineering plastics in various applications, including sensor parts, automotive electronics, dashboards, and electronic housings. The segment's growth is further bolstered by the increasing demand for smart electronic devices, rising adoption of electric vehicles, autonomous robots, and advanced defense technologies. The exceptional properties of engineering plastics, such as high impact strength, lightweight characteristics, and superior fire resistance, make them ideal for electrical and electronic applications. Major economies like China, Japan, and South Korea significantly contribute to this segment's dominance through their robust electronics manufacturing sectors and technological advancement initiatives.
Building & Construction Segment in Asia-Pacific Engineering Plastics Market
The building and construction segment is emerging as a significant growth driver in the Asia-Pacific engineering plastics market, with substantial expansion projected between 2024 and 2029. The segment's growth is primarily fueled by increasing urbanization rates, particularly in China, which aims for a 70% urbanization rate by 2030. Engineering plastics are increasingly being utilized in applications such as windows, facade panels, weatherboards, and rolling shutters, owing to their durability and weather resistance properties. The segment's expansion is further supported by government initiatives in the housing sector across various Asian countries, along with rising investments in commercial and residential construction projects. The growing adoption of sustainable building materials and the need for energy-efficient construction solutions also contribute to the increased utilization of engineering plastics in this sector.
Remaining Segments in End User Industry
The Asia-Pacific engineering plastics market encompasses several other significant segments, including automotive, packaging, industrial machinery, and aerospace sectors. The automotive segment continues to be a crucial market driver, particularly with the increasing demand for automotive plastics, which are lightweight materials in vehicle manufacturing. The packaging industry represents another substantial segment, driven by the growing need for sustainable and durable packaging solutions. The industrial machinery sector maintains steady demand for engineering plastics in various applications such as machinery components and industrial equipment. The aerospace segment, while smaller in market share, remains a high-value application area where aerospace plastics are essential for their lightweight and high-performance characteristics. Each of these segments contributes uniquely to the market's dynamics, influenced by factors such as technological advancements, regulatory requirements, and changing consumer preferences.
Segment Analysis: Resin Type
PET Segment in Asia-Pacific Engineering Plastics Market
Polyethylene terephthalate (PET) dominates the Asia-Pacific engineering plastics market, holding approximately 39% market share in 2024. This significant market position is primarily driven by its extensive use in the packaging industry, particularly in bottle packaging, container packaging, and films or sheets applications. PET's popularity stems from its versatile properties, including high transparency, good chemical resistance, excellent processability, and recyclability. The material's widespread adoption in food and beverage packaging, coupled with its cost-effectiveness and superior barrier properties against oxygen and moisture, has solidified its position as the leading engineering plastic in the region.
Styrene Copolymers Segment in Asia-Pacific Engineering Plastics Market
The styrene copolymers (ABS plastic and SAN) segment is experiencing remarkable growth in the Asia-Pacific engineering plastics market, projected to expand at approximately 8% CAGR from 2024 to 2029. This growth is primarily driven by increasing demand from the electrical and electronics industry, where these materials are extensively used in manufacturing parts and components of electrical equipment, electronic housings, laptops, computers, keyboards, and mobile devices. The segment's growth is further supported by its expanding applications in automotive components, consumer goods, and industrial machinery, where properties such as high impact strength, chemical resistance, and thermal stability make these materials increasingly indispensable.
Remaining Segments in Resin Type
The other significant segments in the Asia-Pacific engineering plastics market include polycarbonate (PC), polyamide (PA), and various specialty resins such as PMMA, polyacetal (POM), PEEK plastic, and LCP. Polycarbonate maintains a strong presence due to its exceptional optical clarity and impact resistance, making it crucial for automotive and electronics applications. Polyamide resins are valued for their high mechanical strength and heat resistance, particularly in automotive and industrial applications. Specialty resins like PEEK and LCP cater to high-performance applications in aerospace and advanced electronics, while PMMA and POM serve specific needs in optical and precision engineering applications, respectively. The use of reinforced plastics and high temperature plastics further enhances the performance of these materials in demanding environments.
Asia-pacific Engineering Plastics Market Geography Segment Analysis
Engineering Plastics Market in China
China dominates the Asia-Pacific engineering plastics market, holding approximately 62% market share in 2024. The country's market is primarily driven by its robust electrical and electronics manufacturing sector, which continues to be a major consumer of engineering plastics for various applications, including consumer electronics, telecommunications equipment, and semiconductor packaging. The automotive sector also significantly contributes to market growth, with increasing demand for lightweight materials to improve fuel efficiency and reduce emissions. China's strong manufacturing infrastructure, coupled with government initiatives promoting industrial upgrading and technological advancement, has created a favorable environment for engineering plastics adoption. The country's focus on sustainable development and environmental protection has also led to increased demand for high-performance engineering plastics that can replace traditional materials while offering better environmental credentials. Additionally, China's position as a global manufacturing hub has attracted significant investments from major engineering plastics manufacturers, further strengthening its market position.
Engineering Plastics Market in India
India represents one of the most dynamic markets for engineering plastics in Asia-Pacific, with a projected growth rate of approximately 8% from 2024 to 2029. The country's market is experiencing rapid expansion driven by increasing industrialization and urbanization trends. The automotive sector is emerging as a crucial growth driver, with manufacturers increasingly adopting industrial plastics to produce lighter and more fuel-efficient vehicles. India's robust electronics manufacturing sector, supported by government initiatives like "Make in India" and Production Linked Incentive (PLI) schemes, is creating substantial demand for high-performance engineering plastics. The packaging industry is another significant contributor to market growth, with increasing demand for sustainable and durable packaging solutions. The country's growing focus on renewable energy and electric vehicles is expected to create new opportunities for engineering plastics applications. Furthermore, India's improving infrastructure and rising domestic consumption are creating favorable conditions for market expansion, while local manufacturing capabilities are being enhanced to reduce import dependence.
Engineering Plastics Market in Japan
Japan's engineering plastics market is characterized by its high technological sophistication and focus on innovation. The country's market is primarily driven by its advanced electronics and automotive manufacturing sectors, which demand high-performance materials for various applications. Japanese manufacturers are particularly focused on developing specialized grades of specialty plastics that offer superior performance characteristics. The country's strong emphasis on research and development has resulted in the introduction of novel applications and improved material properties. Japan's automotive industry continues to be a major consumer of engineering plastics, particularly for electric and hybrid vehicles. The country's focus on sustainability and circular economy principles has led to increased development and adoption of recyclable engineering plastics. Additionally, Japan's strong presence in consumer electronics and industrial machinery manufacturing continues to drive demand for high-quality engineering plastics.
Engineering Plastics Market in South Korea
South Korea's engineering plastics market is distinguished by its strong integration with the country's advanced manufacturing ecosystem. The market is significantly influenced by the country's prominent position in global electronics manufacturing, particularly in semiconductors and display technologies. South Korean manufacturers are increasingly focusing on developing specialized composite plastics for emerging technologies such as 5G infrastructure and electric vehicles. The country's robust automotive sector continues to drive innovation in lightweight materials and high-performance engineering plastics. South Korea's strong focus on technological advancement and industrial automation has created new applications for engineering plastics in various sectors. The country's emphasis on export-oriented manufacturing has also led to the development of high-quality engineering plastics that meet international standards. Furthermore, South Korea's strategic position in the global supply chain for electronic components has strengthened its role in the engineering plastics market.
Engineering Plastics Market in Other Countries
The engineering plastics market in other Asia-Pacific countries, including Malaysia, Australia, and various Southeast Asian nations, exhibits diverse growth patterns and market characteristics. These markets are primarily driven by their respective manufacturing sectors, with varying degrees of technological advancement and industrial development. Countries like Malaysia are experiencing growth in their electronics manufacturing sector, while Australia's market is influenced by its construction and mining industries. The Southeast Asian countries are seeing increased adoption of structural plastics in various applications, supported by growing industrial activities and foreign investments. These markets are characterized by their unique regulatory environments, industrial policies, and development priorities. The presence of multinational manufacturers and growing domestic capabilities is helping to develop these markets further. Additionally, increasing focus on sustainable development and environmental regulations is shaping the adoption patterns of engineering plastics in these countries.
APAC Engineering Plastics Industry Overview
Top Companies in Asia-Pacific Engineering Plastics Market
The leading companies in the market include CHIMEI, China Resources Holdings, Sanfame Group, LG Chem, and Far Eastern New Century Corporation. These companies are actively pursuing product innovation through sustainability initiatives, particularly focusing on developing bio-based and recycled content materials to meet growing environmental concerns. Operational agility is demonstrated through vertical integration strategies, with many players establishing their own raw material production facilities to ensure supply chain stability. Strategic partnerships and collaborations, especially in research and development with academic institutions and technology providers, have become increasingly common to accelerate innovation cycles. Companies are also expanding their production capacities across the region, with particular focus on China and Southeast Asian countries, to capitalize on growing demand for engineering plastics and establish a stronger regional presence.
Market Structure Shows Regional Manufacturing Dominance
The Asia-Pacific engineering plastics market exhibits a mix of global conglomerates and regional specialists, with domestic manufacturers particularly strong in China, South Korea, and Japan. The market structure varies by product segment, with some segments like PET showing fragmentation while others like LCP and fluoropolymers demonstrate high consolidation. Local manufacturers have gained significant market share through cost advantages and strong distribution networks, while global players leverage their technological expertise and brand reputation.
The market has witnessed active merger and acquisition activity, primarily driven by the need to secure raw material supplies and expand geographic presence. Vertical integration has been a key trend, with companies acquiring upstream suppliers to control costs and ensure consistent quality. Joint ventures between international and local players have become increasingly common, combining global expertise with local market knowledge and distribution capabilities. This trend is particularly evident in emerging markets where regulatory requirements and market access barriers necessitate local partnerships.
Innovation and Sustainability Drive Future Success
For incumbent players to maintain and increase their market share, focus needs to be placed on developing sustainable products and implementing circular economy principles in their operations. Companies must invest in research and development to create high-performance industrial polymers that meet increasingly stringent environmental regulations while maintaining cost competitiveness. Building strong relationships with end-users through technical support and customization capabilities will be crucial, as will the ability to provide complete solutions rather than just products.
New entrants and challenger companies can gain ground by focusing on niche applications and emerging end-use sectors, particularly in electric vehicles and renewable energy applications. Success will depend on developing innovative business models that emphasize sustainability and circularity while building a strong local presence through strategic partnerships. The ability to navigate regulatory requirements, particularly regarding environmental protection and safety standards, will be crucial. Companies must also consider the increasing consolidation among end-users, especially in the automotive and electronics sectors, which requires suppliers to have sufficient scale and capabilities to meet demanding requirements. The development of advanced polymers and thermoplastic solutions will be essential for addressing these market needs.
APAC Engineering Plastics Market Leaders
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CHIMEI
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China Resources (Holdings) Co.,Ltd.
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Far Eastern New Century Corporation
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LG Chem
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Sanfame Group
- *Disclaimer: Major Players sorted in no particular order
APAC Engineering Plastics Market News
- February 2023: Covestro AG introduced Makrolon 3638 polycarbonate for healthcare and life sciences applications such as drug delivery devices, wellness and wearable devices, and single-use containers for biopharmaceutical manufacturing.
- August 2022: Toray Industries Inc. introduced Toraypearl PA6, which claims to provide outstanding high strength, heat resistance, and surface smoothness for powder bed fusion 3D printers.
- August 2022: Covestro AG announced plans to build its first dedicated line for the mechanical recycling (MCR) of polycarbonates in Shanghai, China, to create more sustainable solutions, primarily for electrical and electronic, automotive, and consumer goods applications.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.
List of Tables & Figures
- Figure 1:
- PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, ASIA-PACIFIC, 2017 - 2029
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, ASIA-PACIFIC, 2017 - 2029
- Figure 4:
- PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 5:
- PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 6:
- IMPORT REVENUE OF FLUOROPOLYMER TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 7:
- EXPORT REVENUE OF FLUOROPOLYMER TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 8:
- IMPORT REVENUE OF POLYAMIDE (PA) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 9:
- EXPORT REVENUE OF POLYAMIDE (PA) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 10:
- IMPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 11:
- EXPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 12:
- IMPORT REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 13:
- EXPORT REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 14:
- IMPORT REVENUE OF POLYMETHYL METHACRYLATE (PMMA) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 15:
- EXPORT REVENUE OF POLYMETHYL METHACRYLATE (PMMA) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 16:
- IMPORT REVENUE OF POLYOXYMETHYLENE (POM) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 17:
- EXPORT REVENUE OF POLYOXYMETHYLENE (POM) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 18:
- IMPORT REVENUE OF STYRENE COPOLYMERS (ABS AND SAN) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 19:
- EXPORT REVENUE OF STYRENE COPOLYMERS (ABS AND SAN) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 20:
- PRICE OF ENGINEERING PLASTICS BY RESIN TYPE, USD PER KG, CHINA, 2017 - 2021
- Figure 21:
- PRICE OF ENGINEERING PLASTICS BY RESIN TYPE, USD PER KG, INDIA, 2017 - 2021
- Figure 22:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 23:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 24:
- VOLUME OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 25:
- VALUE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 26:
- VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 27:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 28:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 29:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 30:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 31:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 32:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 33:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 34:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 35:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 36:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 37:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 38:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 39:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 40:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 41:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 42:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 43:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 44:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 45:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 46:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 47:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 48:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 49:
- VOLUME OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 50:
- VALUE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 51:
- VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 52:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 53:
- VOLUME OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 54:
- VALUE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 55:
- VOLUME SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 56:
- VALUE SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 57:
- VOLUME OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 58:
- VALUE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 59:
- VALUE SHARE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 60:
- VOLUME OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 61:
- VALUE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 62:
- VALUE SHARE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 63:
- VOLUME OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 64:
- VALUE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 65:
- VALUE SHARE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 66:
- VOLUME OF POLYVINYLFLUORIDE (PVF) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 67:
- VALUE OF POLYVINYLFLUORIDE (PVF) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 68:
- VALUE SHARE OF POLYVINYLFLUORIDE (PVF) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 69:
- VOLUME OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 70:
- VALUE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 71:
- VALUE SHARE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 72:
- VOLUME OF OTHER SUB RESIN TYPES CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 73:
- VALUE OF OTHER SUB RESIN TYPES CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 74:
- VALUE SHARE OF OTHER SUB RESIN TYPES CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 75:
- VOLUME OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 76:
- VALUE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 77:
- VALUE SHARE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 78:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 79:
- VALUE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 80:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 81:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 82:
- VOLUME OF ARAMID CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 83:
- VALUE OF ARAMID CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 84:
- VALUE SHARE OF ARAMID CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 85:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 86:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 87:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 88:
- VOLUME OF POLYAMIDE (PA) 66 CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 89:
- VALUE OF POLYAMIDE (PA) 66 CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 90:
- VALUE SHARE OF POLYAMIDE (PA) 66 CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 91:
- VOLUME OF POLYPHTHALAMIDE CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 92:
- VALUE OF POLYPHTHALAMIDE CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 93:
- VALUE SHARE OF POLYPHTHALAMIDE CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 94:
- VOLUME OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 95:
- VALUE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 96:
- VALUE SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 97:
- VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 98:
- VALUE OF POLYCARBONATE (PC) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 99:
- VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 100:
- VOLUME OF POLYETHER ETHER KETONE (PEEK) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 101:
- VALUE OF POLYETHER ETHER KETONE (PEEK) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 102:
- VALUE SHARE OF POLYETHER ETHER KETONE (PEEK) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 103:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 104:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 105:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 106:
- VOLUME OF POLYIMIDE (PI) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 107:
- VALUE OF POLYIMIDE (PI) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 108:
- VALUE SHARE OF POLYIMIDE (PI) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 109:
- VOLUME OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 110:
- VALUE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 111:
- VALUE SHARE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 112:
- VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 113:
- VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 114:
- VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 115:
- VOLUME OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 116:
- VALUE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 117:
- VALUE SHARE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 118:
- VOLUME OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 119:
- VALUE OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 120:
- VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 121:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 122:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, AUSTRALIA, 2017 - 2029
- Figure 123:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, AUSTRALIA, 2017 - 2029
- Figure 124:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, AUSTRALIA, 2022 VS 2029
- Figure 125:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, CHINA, 2017 - 2029
- Figure 126:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, CHINA, 2017 - 2029
- Figure 127:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, CHINA, 2022 VS 2029
- Figure 128:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, INDIA, 2017 - 2029
- Figure 129:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, INDIA, 2017 - 2029
- Figure 130:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, INDIA, 2022 VS 2029
- Figure 131:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, JAPAN, 2017 - 2029
- Figure 132:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, JAPAN, 2017 - 2029
- Figure 133:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, JAPAN, 2022 VS 2029
- Figure 134:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, MALAYSIA, 2017 - 2029
- Figure 135:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, MALAYSIA, 2017 - 2029
- Figure 136:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2022 VS 2029
- Figure 137:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, SOUTH KOREA, 2017 - 2029
- Figure 138:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, SOUTH KOREA, 2017 - 2029
- Figure 139:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2022 VS 2029
- Figure 140:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 141:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 142:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, REST OF ASIA-PACIFIC, 2022 VS 2029
- Figure 143:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, ASIA-PACIFIC, 2019 - 2021
- Figure 144:
- MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2019 - 2021
- Figure 145:
- PRODUCTION CAPACITY SHARE OF ENGINEERING PLASTICS BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 146:
- PRODUCTION CAPACITY SHARE OF FLUOROPOLYMER BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 147:
- PRODUCTION CAPACITY SHARE OF LIQUID CRYSTAL POLYMER (LCP) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 148:
- PRODUCTION CAPACITY SHARE OF POLYAMIDE (PA) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 149:
- PRODUCTION CAPACITY SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 150:
- PRODUCTION CAPACITY SHARE OF POLYCARBONATE (PC) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 151:
- PRODUCTION CAPACITY SHARE OF POLYETHER ETHER KETONE (PEEK) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 152:
- PRODUCTION CAPACITY SHARE OF POLYETHYLENE TEREPHTHALATE (PET) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 153:
- PRODUCTION CAPACITY SHARE OF POLYOXYMETHYLENE (POM) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 154:
- PRODUCTION CAPACITY SHARE OF STYRENE COPOLYMERS (ABS AND SAN) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
Asia-pacific Engineering Plastics Industry Segmentation
Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Fluoropolymer, Liquid Crystal Polymer (LCP), Polyamide (PA), Polybutylene Terephthalate (PBT), Polycarbonate (PC), Polyether Ether Ketone (PEEK), Polyethylene Terephthalate (PET), Polyimide (PI), Polymethyl Methacrylate (PMMA), Polyoxymethylene (POM), Styrene Copolymers (ABS and SAN) are covered as segments by Resin Type. Australia, China, India, Japan, Malaysia, South Korea are covered as segments by Country.End User Industry | Aerospace | |||
Automotive | ||||
Building and Construction | ||||
Electrical and Electronics | ||||
Industrial and Machinery | ||||
Packaging | ||||
Other End-user Industries | ||||
Resin Type | Fluoropolymer | By Sub Resin Type | Ethylenetetrafluoroethylene (ETFE) | |
Fluorinated Ethylene-propylene (FEP) | ||||
Polytetrafluoroethylene (PTFE) | ||||
Polyvinylfluoride (PVF) | ||||
Polyvinylidene Fluoride (PVDF) | ||||
Other Sub Resin Types | ||||
Liquid Crystal Polymer (LCP) | ||||
Polyamide (PA) | By Sub Resin Type | Aramid | ||
Polyamide (PA) 6 | ||||
Polyamide (PA) 66 | ||||
Polyphthalamide | ||||
Polybutylene Terephthalate (PBT) | ||||
Polycarbonate (PC) | ||||
Polyether Ether Ketone (PEEK) | ||||
Polyethylene Terephthalate (PET) | ||||
Polyimide (PI) | ||||
Polymethyl Methacrylate (PMMA) | ||||
Polyoxymethylene (POM) | ||||
Styrene Copolymers (ABS and SAN) | ||||
Country | Australia | |||
China | ||||
India | ||||
Japan | ||||
Malaysia | ||||
South Korea | ||||
Rest of Asia-Pacific |
Aerospace |
Automotive |
Building and Construction |
Electrical and Electronics |
Industrial and Machinery |
Packaging |
Other End-user Industries |
Fluoropolymer | By Sub Resin Type | Ethylenetetrafluoroethylene (ETFE) |
Fluorinated Ethylene-propylene (FEP) | ||
Polytetrafluoroethylene (PTFE) | ||
Polyvinylfluoride (PVF) | ||
Polyvinylidene Fluoride (PVDF) | ||
Other Sub Resin Types | ||
Liquid Crystal Polymer (LCP) | ||
Polyamide (PA) | By Sub Resin Type | Aramid |
Polyamide (PA) 6 | ||
Polyamide (PA) 66 | ||
Polyphthalamide | ||
Polybutylene Terephthalate (PBT) | ||
Polycarbonate (PC) | ||
Polyether Ether Ketone (PEEK) | ||
Polyethylene Terephthalate (PET) | ||
Polyimide (PI) | ||
Polymethyl Methacrylate (PMMA) | ||
Polyoxymethylene (POM) | ||
Styrene Copolymers (ABS and SAN) |
Australia |
China |
India |
Japan |
Malaysia |
South Korea |
Rest of Asia-Pacific |
Market Definition
- End-user Industry - Packaging, Electrical & Electronics, Automotive, Building & Construction, and Others are the end-user industries considered under the engineering plastics market.
- Resin - Under the scope of the study, consumption of virgin resins like Fluoropolymer, Polycarbonate, Polyethylene Terephthalate, Polybutylene Terephthalate, Polyoxymethylene, Polymethyl Methacrylate, Styrene Copolymers, Liquid Crystal Polymer, Polyether Ether Ketone, Polyimide, and Polyamide in the primary forms are considered. Recycling has been provided separately under its individual chapter.
Keyword | Definition |
---|---|
Acetal | This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc. |
Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
Cast film | A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion. |
Colorants & Pigments | Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix. |
Composite material | A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements. |
Degree of Polymerization (DP) | The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands. |
Dispersion | To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion. |
Fiberglass | Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass. |
Fiber-reinforced polymer (FRP) | Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt. |
Flake | This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics. |
Fluoropolymers | This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc. |
Kevlar | Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid. |
Laminate | A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width. |
Nylon | They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids. |
PET preform | A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container. |
Plastic compounding | Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers. |
Plastic pellets | Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic. |
Polymerization | It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds. |
Styrene Copolymers | A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate. |
Thermoplastics | Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties. |
Virgin Plastic | It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms