global-engineering-plastics-market-industry
Published

April 2017

Engineering Plastics Market - Segmented by Product, Application, and Geography – Trends and Forecasts (2016 - 2022)

Purchase Report
$7500
Single user license
$9000
Team license
$15000
Corporate license

The global engineering plastics market was valued at USD XX million in 2016 and is expected to reach USD XX million by 2021, growing at a CAGR of XX% during the forecast period (2016-2021).

Engineering plastics are being used increasingly in many markets – from packaging, building & construction, to electrical & electronics, automotive & transportation, furniture & bedding, sports & leisure and many other segments. At present, electrical & electronics and consumer goods are the major markets. Automotive & transportation and construction are the two promising application areas for engineering plastics. The major trend driving the engineering plastics market is the growing demand of these plastics in developing countries, such as India, China and Brazil.

Market Dynamics

Factors, such as the increasing popularity of bio-based PET, among others, are driving this market. The shift in trend from the usage of traditional plastic products to the engineering plastic products is expected to increase the demand in the future. However, the associated environmental concerns act as restraints for this market, globally.

Market Segmentation

The global engineering plastics market is segmented by product and application.

  • By Product -
    • Fluoropolymers
      • Polytetrafluoroethylene (PTFE)
      • Polyvinylidene fluoride (PVDF)
      • Fluorinated ethylene propylene (FEP)
    • Polyacetal/Polyoxymethylene
    • Polyamides (nylon 6, nylon 66, and others)
      • Nylon 6
      • Nylon 66
      • Others
    • Polycarbonates
    • Polymethyl Methacrylate (PMMA),
    • Polyphenylene Oxides (PPO/PPE blends),
    • Polyphenylene Sulfide (PPS),
    • Styrene Copolymers (ABS & SAN)
    • Thermoplastic Polyesters
      • Polybutylene Terephthalate (PBT)
      • Polyethylene Terephthalate (PET)
      • Copolyesters (PETG/PCTG)
    • Liquid Crystal Polymers (LCP)
    • Polyether Ether Ketone (PEEK)
    • Polyimides (PI)
    • Others
  • By Application -
    • Automotive & Transportation
    • Buildings & Construction
    • Consumer Goods & Appliances
    • Electrical & Electronics
    • Industrial & Machinery
    • Packaging
    • Others

Geographically, the global engineering plastics market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

Asia-Pacific currently dominates the market for engineering plastics, followed by North America and Europe. The developing countries of South America and Asia-Pacific are expected to increase their market share, owing to the growing purchasing power in these regions.

Europe and North America are expected to remain interesting locations for research and development; they are, additionally, important as sales markets. However, the establishment of new production capacities is favored in the Middle East region. Emerging countries of Asia, South America, the Middle East and various developing regions of Europe have been witnessing sizeable growth prospects for engineering plastics.

The global engineering plastic market is characterized by the presence of numerous international and regional players, resulting in a highly competitive market environment. The top seven players in the market accounted for more than 20% of the total share in 2015. An overwhelming majority of companies in this market focus on just one or two end-use markets and have annual sales of less than USD 10 million.

Opportunities and Market Players

The increasing usage of engineering plastics in the aerospace industry, innovative product applications and accelerating usage in green vehicles will offer numerous opportunities for the growth of the global engineering plastics market. Some of the major companies and vendors in the market include:

  • BASF SE
  • Solvay Plastics
  • Royal DSM
  • SABIC
  • DuPont

Key Deliverables in the Study

  • Market analysis for the global engineering plastics market, with region-specific assessments and competition analysis on a global and regional scale.
  • Market definition along with the identification of factors instrumental in changing the market scenario and prospective opportunities.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the global engineering plastics market on both, global and regional scales.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • Insights on the major countries/regions where this industry is growing and also identify the regions that are still untapped.
RELATED REPORTS

Confused about which report to get?

Download a full report to understand our capabilities
Purchase Report
$7500
Single user license
$9000
Team license
$15000
Corporate license
Our Clients Include View All

Looking to Customize Report?