United States Engineering Plastics Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The United States Engineering Plastics Market is segmented by End User Industry (Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging) and by Resin Type (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)). Market Value in USD and Volume in tons are both presented. Key Data Points observed include volume of automobile production, new construction floor area, plastic packaging production volume, plastic resin production, imports and exports, and price of plastic resins.

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United States Engineering Plastics Market Size

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United States Engineering Plastics Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 14.96 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 20.47 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User Industry Packaging
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 6.48 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by End User Industry Electrical and Electronics

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

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United States Engineering Plastics Market Analysis

The United States Engineering Plastics Market size is estimated at 14.96 billion USD in 2024, and is expected to reach 20.47 billion USD by 2029, growing at a CAGR of 6.48% during the forecast period (2024-2029).

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14.96 Billion

Market Size in 2024 (USD)

20.47 Billion

Market Size in 2029 (USD)

4.01 %

CAGR (2017-2023)

6.48 %

CAGR (2024-2029)

Largest Market by End-user Industry

34.40 %

value share, Packaging, 2023

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Due to the wide range of applications, including bottles, jars, and containers, specifically in the food and beverage industry, the packaging segment occupied the major share.

Fastest Growing Market by End-user Industry

8.25 %

Projected CAGR, Electrical and Electronics, 2024-2029

Icon image

The electronics segment is expected to witness the fastest growth due to the superior properties of engineering plastics, such as lightweight, good impact resistance, higher flexibility, and fire resistivity.

Largest Market by Resin Type

32.44 %

value share, Polyethylene Terephthalate (PET), 2023

With widespread applications in the packaging industry and rising demand for PET sheets and films to replace traditional metal parts, PET resin occupies the largest share in the country.

Fastest Growing Market by Resin Type

8.83 %

Projected CAGR, Liquid Crystal Polymer (LCP), 2024-2029

Owing to the rising demand for high-performance, smaller, and thinner electrical components, LCP resin is projected to witness the fastest growth during the forecast period.

Leading Market Player

23.52 %

market share, Alfa S.A.B. de C.V., 2022

Icon image

In 2022, with the largest production capacity of around 1.5 million tons per year of PET resin in the United States, the company held the largest market share. The company offers various grades, mainly for packaging applications.

Rising adoption of advanced materials to drive the demand for engineering plastics

  • Engineering plastics have applications ranging from interior wall panels and doors in aerospace to rigid and flexible packaging. Engineering plastics are popular in many industries due to their lightweight and high quality in terms of strength, low fatigue, and low flammability. The US engineering plastics market is led by industries such as packaging, electrical and electronics, and automotive.
  • In the United States, the packaging industry holds the largest market revenue share, which is expected to grow by 5.93% over the forecast period. The demand for plastic packaging is increasing mainly from the food and beverages industry. Moreover, increasing demand for ready-to-eat meals, online food purchasing, etc., has triggered the packaging industry in the country. United States plastic packaging production had a volume of 178 thousand tons in 2022. The demand for engineering plastics in the packaging industry increased at a rate of 7.71% by value in 2022 compared to 2021.
  • The electrical and electronics industry in the United States is the second most promising market for engineering plastics, with an expected CAGR of 8.41% by value during the forecast period (2023-2029). This is due to the wider use of consumer electronics products such as smart home devices, wearable health monitors, and entertainment devices to facilitate remote interaction, entertainment, and productivity.
  • The rise in demand for electric vehicles and positive changes in trade policies are expected to be the biggest driving factors in the growth of the market for US automotive engineering plastics. The demand for engineering plastic from the automotive industry is expected to record a CAGR of 5.31% by value during the forecast period.
United States Engineering Plastics Market

United States Engineering Plastics Market Trends

Rising consumer electronics to augment the electrical & electronics production revenue

  • The rapid pace of technological innovation, rising disposable income, increased demand for luxury products, and improving living standards are some of the major factors driving the growth of the electrical and electronics market. In 2017, the United States accounted for around 85.9% of the North American electrical and electronics production market.
  • In 2020, the electrical and electronics production in the country decreased by around 3.3% in revenue compared to the previous year, owing to widespread lockdowns implemented by the government and supply chain disruptions caused by these lockdowns. The pandemic resulted in a decline in sales of electronics and appliances in the country by 9.9% in 2020. However, in 2021, consumer electronics industry sales in the United States reached around USD 127 billion, a 9% increase compared to the previous year. Consequently, in 2021, electrical & electronics production in the country grew by a rate of 17.1% in revenue compared to the previous year.
  • The surge in demand for technologically advanced consumer electronics and appliances, such as smartphones, laptops, computers, televisions, and others, is expected to boost consumer electronics demand during the forecast period. Consumer electronics in the country are projected to generate a market volume of approximately USD 161.3 billion in 2027, up from USD 155.10 billion in 2023. The increasing research and technological advancements in existing appliances, as well as the innovation of new models, are driving the growth of the electronics market. As a result, the electrical and electronic production in the country is expected to grow.
United States Engineering Plastics Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • US government defense strategies to foster the growth of aerospace component production
  • Growing construction spending in private sector to boost new floor area in the US
  • Polyamides to remain as the highest export resin in the US
  • Legislative directives to accelerate the growth of polyamide recycling in the country
  • Recycling rate in the United States stood at 28.6% in 2021 with PET waste accounting for nearly 6 million tons
  • Electric vehicles to drive the growth for automotive production in the future
  • Food & beverage sector to rise the plastic packaging production in the country
  • Rising crude oil prices may impact the engineering plastics prices
  • Mechanical recycling of polycarbonate plastics to be challenging because of the poor quality of the recovered material
  • R-ABS to be manufactured using mechanical recycling and blended with virgin ABS to create partially recycled plastic

United States Engineering Plastics Industry Overview

The United States Engineering Plastics Market is fairly consolidated, with the top five companies occupying 66.72%. The major players in this market are Alfa S.A.B. de C.V., Ascend Performance Materials, Indorama Ventures Public Company Limited, Koch Industries, Inc. and SABIC (sorted alphabetically).

United States Engineering Plastics Market Leaders

  1. Alfa S.A.B. de C.V.

  2. Ascend Performance Materials

  3. Indorama Ventures Public Company Limited

  4. Koch Industries, Inc.

  5. SABIC

United States Engineering Plastics Market Concentration

Other important companies include Arkema, BASF SE, Celanese Corporation, Covestro AG, DuPont, Formosa Plastics Group, INEOS, RTP Company, Solvay, The Chemours Company.

*Disclaimer: Major Players sorted in alphabetical order.

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United States 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.
  • November 2022: Solvay and Orbia announced a framework agreement to form a partnership for the production of suspension-grade polyvinylidene fluoride (PVDF) for battery materials, resulting in the largest capacity in North America.
  • November 2022: Celanese Corporation completed the acquisition of the Mobility & Materials (“M&M”) business of DuPont. This acquisition enhanced the company's product portfolio of engineered thermoplastics through the addition of well-recognized brands and intellectual properties of DuPont.

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.

United States Engineering Plastics Market
United States Engineering Plastics Market
United States Engineering Plastics Market
United States Engineering Plastics Market

United States Engineering Plastics Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study​

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. End User Trends

      1. 2.1.1. Aerospace

      2. 2.1.2. Automotive

      3. 2.1.3. Building and Construction

      4. 2.1.4. Electrical and Electronics

      5. 2.1.5. Packaging

    2. 2.2. Import And Export Trends

    3. 2.3. Price Trends

    4. 2.4. Recycling Overview

      1. 2.4.1. Polyamide (PA) Recycling Trends

      2. 2.4.2. Polycarbonate (PC) Recycling Trends

      3. 2.4.3. Polyethylene Terephthalate (PET) Recycling Trends

      4. 2.4.4. Styrene Copolymers (ABS and SAN) Recycling Trends

    5. 2.5. Regulatory Framework

      1. 2.5.1. United States

    6. 2.6. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. End User Industry

      1. 3.1.1. Aerospace

      2. 3.1.2. Automotive

      3. 3.1.3. Building and Construction

      4. 3.1.4. Electrical and Electronics

      5. 3.1.5. Industrial and Machinery

      6. 3.1.6. Packaging

      7. 3.1.7. Other End-user Industries

    2. 3.2. Resin Type

      1. 3.2.1. Fluoropolymer

        1. 3.2.1.1. By Sub Resin Type

          1. 3.2.1.1.1. Ethylenetetrafluoroethylene (ETFE)

          2. 3.2.1.1.2. Fluorinated Ethylene-propylene (FEP)

          3. 3.2.1.1.3. Polytetrafluoroethylene (PTFE)

          4. 3.2.1.1.4. Polyvinylfluoride (PVF)

          5. 3.2.1.1.5. Polyvinylidene Fluoride (PVDF)

          6. 3.2.1.1.6. Other Sub Resin Types

      2. 3.2.2. Liquid Crystal Polymer (LCP)

      3. 3.2.3. Polyamide (PA)

        1. 3.2.3.1. By Sub Resin Type

          1. 3.2.3.1.1. Aramid

          2. 3.2.3.1.2. Polyamide (PA) 6

          3. 3.2.3.1.3. Polyamide (PA) 66

          4. 3.2.3.1.4. Polyphthalamide

      4. 3.2.4. Polybutylene Terephthalate (PBT)

      5. 3.2.5. Polycarbonate (PC)

      6. 3.2.6. Polyether Ether Ketone (PEEK)

      7. 3.2.7. Polyethylene Terephthalate (PET)

      8. 3.2.8. Polyimide (PI)

      9. 3.2.9. Polymethyl Methacrylate (PMMA)

      10. 3.2.10. Polyoxymethylene (POM)

      11. 3.2.11. Styrene Copolymers (ABS and SAN)

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. Alfa S.A.B. de C.V.

      2. 4.4.2. Arkema

      3. 4.4.3. Ascend Performance Materials

      4. 4.4.4. BASF SE

      5. 4.4.5. Celanese Corporation

      6. 4.4.6. Covestro AG

      7. 4.4.7. DuPont

      8. 4.4.8. Formosa Plastics Group

      9. 4.4.9. Indorama Ventures Public Company Limited

      10. 4.4.10. INEOS

      11. 4.4.11. Koch Industries, Inc.

      12. 4.4.12. RTP Company

      13. 4.4.13. SABIC

      14. 4.4.14. Solvay

      15. 4.4.15. The Chemours Company

  7. 5. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter’s Five Forces Framework (Industry Attractiveness Analysis)

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, UNITED STATES, 2017 - 2029
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, UNITED STATES, 2017 - 2029
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, UNITED STATES, 2017 - 2029
  1. Figure 4:  
  2. PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, UNITED STATES, 2017 - 2029
  1. Figure 5:  
  2. PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, UNITED STATES, 2017 - 2029
  1. Figure 6:  
  2. IMPORT REVENUE OF ENGINEERING PLASTICS BY RESIN TYPE, USD, UNITED STATES, 2017 - 2021
  1. Figure 7:  
  2. EXPORT REVENUE OF ENGINEERING PLASTICS BY RESIN TYPE, USD, UNITED STATES, 2017 - 2021
  1. Figure 8:  
  2. PRICE OF ENGINEERING PLASTICS BY RESIN TYPE, USD PER KG, UNITED STATES, 2017 - 2021
  1. Figure 9:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 10:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 11:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, TONS, UNITED STATES, 2017 - 2029
  1. Figure 12:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, USD, UNITED STATES, 2017 - 2029
  1. Figure 13:  
  2. VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2017, 2023, AND 2029
  1. Figure 14:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2017, 2023, AND 2029
  1. Figure 15:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, TONS, UNITED STATES, 2017 - 2029
  1. Figure 16:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, USD, UNITED STATES, 2017 - 2029
  1. Figure 17:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY BY RESIN TYPE, %, UNITED STATES, 2022 VS 2029
  1. Figure 18:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, UNITED STATES, 2017 - 2029
  1. Figure 19:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, UNITED STATES, 2017 - 2029
  1. Figure 20:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN TYPE, %, UNITED STATES, 2022 VS 2029
  1. Figure 21:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, UNITED STATES, 2017 - 2029
  1. Figure 22:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, UNITED STATES, 2017 - 2029
  1. Figure 23:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN TYPE, %, UNITED STATES, 2022 VS 2029
  1. Figure 24:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, UNITED STATES, 2017 - 2029
  1. Figure 25:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, UNITED STATES, 2017 - 2029
  1. Figure 26:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY RESIN TYPE, %, UNITED STATES, 2022 VS 2029
  1. Figure 27:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, UNITED STATES, 2017 - 2029
  1. Figure 28:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, UNITED STATES, 2017 - 2029
  1. Figure 29:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY RESIN TYPE, %, UNITED STATES, 2022 VS 2029
  1. Figure 30:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, TONS, UNITED STATES, 2017 - 2029
  1. Figure 31:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, USD, UNITED STATES, 2017 - 2029
  1. Figure 32:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY BY RESIN TYPE, %, UNITED STATES, 2022 VS 2029
  1. Figure 33:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, UNITED STATES, 2017 - 2029
  1. Figure 34:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, UNITED STATES, 2017 - 2029
  1. Figure 35:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN TYPE, %, UNITED STATES, 2022 VS 2029
  1. Figure 36:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, TONS, UNITED STATES, 2017 - 2029
  1. Figure 37:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, USD, UNITED STATES, 2017 - 2029
  1. Figure 38:  
  2. VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, UNITED STATES, 2017, 2023, AND 2029
  1. Figure 39:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, UNITED STATES, 2017, 2023, AND 2029
  1. Figure 40:  
  2. VOLUME OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, TONS, UNITED STATES, 2017 - 2029
  1. Figure 41:  
  2. VALUE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, USD, UNITED STATES, 2017 - 2029
  1. Figure 42:  
  2. VOLUME SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, UNITED STATES, 2017, 2023, AND 2029
  1. Figure 43:  
  2. VALUE SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, UNITED STATES, 2017, 2023, AND 2029
  1. Figure 44:  
  2. VOLUME OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 45:  
  2. VALUE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 46:  
  2. VALUE SHARE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 47:  
  2. VOLUME OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 48:  
  2. VALUE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 49:  
  2. VALUE SHARE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 50:  
  2. VOLUME OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 51:  
  2. VALUE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 52:  
  2. VALUE SHARE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 53:  
  2. VOLUME OF POLYVINYLFLUORIDE (PVF) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 54:  
  2. VALUE OF POLYVINYLFLUORIDE (PVF) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 55:  
  2. VALUE SHARE OF POLYVINYLFLUORIDE (PVF) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 56:  
  2. VOLUME OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 57:  
  2. VALUE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 58:  
  2. VALUE SHARE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 59:  
  2. VOLUME OF OTHER SUB RESIN TYPES CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 60:  
  2. VALUE OF OTHER SUB RESIN TYPES CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 61:  
  2. VALUE SHARE OF OTHER SUB RESIN TYPES CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 62:  
  2. VOLUME OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 63:  
  2. VALUE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 64:  
  2. VALUE SHARE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 65:  
  2. VOLUME OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, TONS, UNITED STATES, 2017 - 2029
  1. Figure 66:  
  2. VALUE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, USD, UNITED STATES, 2017 - 2029
  1. Figure 67:  
  2. VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, UNITED STATES, 2017, 2023, AND 2029
  1. Figure 68:  
  2. VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, UNITED STATES, 2017, 2023, AND 2029
  1. Figure 69:  
  2. VOLUME OF ARAMID CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 70:  
  2. VALUE OF ARAMID CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 71:  
  2. VALUE SHARE OF ARAMID CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 72:  
  2. VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 73:  
  2. VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 74:  
  2. VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 75:  
  2. VOLUME OF POLYAMIDE (PA) 66 CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 76:  
  2. VALUE OF POLYAMIDE (PA) 66 CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 77:  
  2. VALUE SHARE OF POLYAMIDE (PA) 66 CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 78:  
  2. VOLUME OF POLYPHTHALAMIDE CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 79:  
  2. VALUE OF POLYPHTHALAMIDE CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 80:  
  2. VALUE SHARE OF POLYPHTHALAMIDE CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 81:  
  2. VOLUME OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 82:  
  2. VALUE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 83:  
  2. VALUE SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 84:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 85:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 86:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 87:  
  2. VOLUME OF POLYETHER ETHER KETONE (PEEK) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 88:  
  2. VALUE OF POLYETHER ETHER KETONE (PEEK) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 89:  
  2. VALUE SHARE OF POLYETHER ETHER KETONE (PEEK) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 90:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 91:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 92:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 93:  
  2. VOLUME OF POLYIMIDE (PI) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 94:  
  2. VALUE OF POLYIMIDE (PI) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 95:  
  2. VALUE SHARE OF POLYIMIDE (PI) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 96:  
  2. VOLUME OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 97:  
  2. VALUE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 98:  
  2. VALUE SHARE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 99:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 100:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 101:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 102:  
  2. VOLUME OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, TONS, UNITED STATES, 2017 - 2029
  1. Figure 103:  
  2. VALUE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, USD, UNITED STATES, 2017 - 2029
  1. Figure 104:  
  2. VALUE SHARE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED BY END USER INDUSTRY, %, UNITED STATES, 2022 VS 2029
  1. Figure 105:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, UNITED STATES, 2019 - 2021
  1. Figure 106:  
  2. MOST ADOPTED STRATEGIES, COUNT, UNITED STATES, 2019 - 2021
  1. Figure 107:  
  2. PRODUCTION CAPACITY SHARE OF ENGINEERING PLASTICS BY MAJOR PLAYERS, %, UNITED STATES, 2022
  1. Figure 108:  
  2. PRODUCTION CAPACITY SHARE OF FLUOROPOLYMER BY MAJOR PLAYERS, %, UNITED STATES, 2022
  1. Figure 109:  
  2. PRODUCTION CAPACITY SHARE OF LIQUID CRYSTAL POLYMER (LCP) BY MAJOR PLAYERS, %, UNITED STATES, 2022
  1. Figure 110:  
  2. PRODUCTION CAPACITY SHARE OF POLYAMIDE (PA) BY MAJOR PLAYERS, %, UNITED STATES, 2022
  1. Figure 111:  
  2. PRODUCTION CAPACITY SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) BY MAJOR PLAYERS, %, UNITED STATES, 2022
  1. Figure 112:  
  2. PRODUCTION CAPACITY SHARE OF POLYCARBONATE (PC) BY MAJOR PLAYERS, %, UNITED STATES, 2022
  1. Figure 113:  
  2. PRODUCTION CAPACITY SHARE OF POLYETHER ETHER KETONE (PEEK) BY MAJOR PLAYERS, %, UNITED STATES, 2022
  1. Figure 114:  
  2. PRODUCTION CAPACITY SHARE OF POLYETHYLENE TEREPHTHALATE (PET) BY MAJOR PLAYERS, %, UNITED STATES, 2022
  1. Figure 115:  
  2. PRODUCTION CAPACITY SHARE OF POLYOXYMETHYLENE (POM) BY MAJOR PLAYERS, %, UNITED STATES, 2022
  1. Figure 116:  
  2. PRODUCTION CAPACITY SHARE OF STYRENE COPOLYMERS (ABS AND SAN) BY MAJOR PLAYERS, %, UNITED STATES, 2022

United States 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.

  • Engineering plastics have applications ranging from interior wall panels and doors in aerospace to rigid and flexible packaging. Engineering plastics are popular in many industries due to their lightweight and high quality in terms of strength, low fatigue, and low flammability. The US engineering plastics market is led by industries such as packaging, electrical and electronics, and automotive.
  • In the United States, the packaging industry holds the largest market revenue share, which is expected to grow by 5.93% over the forecast period. The demand for plastic packaging is increasing mainly from the food and beverages industry. Moreover, increasing demand for ready-to-eat meals, online food purchasing, etc., has triggered the packaging industry in the country. United States plastic packaging production had a volume of 178 thousand tons in 2022. The demand for engineering plastics in the packaging industry increased at a rate of 7.71% by value in 2022 compared to 2021.
  • The electrical and electronics industry in the United States is the second most promising market for engineering plastics, with an expected CAGR of 8.41% by value during the forecast period (2023-2029). This is due to the wider use of consumer electronics products such as smart home devices, wearable health monitors, and entertainment devices to facilitate remote interaction, entertainment, and productivity.
  • The rise in demand for electric vehicles and positive changes in trade policies are expected to be the biggest driving factors in the growth of the market for US automotive engineering plastics. The demand for engineering plastic from the automotive industry is expected to record a CAGR of 5.31% by value during the forecast period.
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)
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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.
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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
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United States Engineering Plastics Market Research FAQs

The United States Engineering Plastics Market size is expected to reach USD 14.96 billion in 2024 and grow at a CAGR of 6.48% to reach USD 20.47 billion by 2029.

In 2024, the United States Engineering Plastics Market size is expected to reach USD 14.96 billion.

Alfa S.A.B. de C.V., Ascend Performance Materials, Indorama Ventures Public Company Limited, Koch Industries, Inc. and SABIC are the major companies operating in the United States Engineering Plastics Market.

In the United States Engineering Plastics Market, the Packaging segment accounts for the largest share by end user industry.

In 2024, the Electrical and Electronics segment accounts for the fastest growing by end user industry in the United States Engineering Plastics Market.

In 2023, the United States Engineering Plastics Market size was estimated at 14.96 billion. The report covers the United States Engineering Plastics Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Engineering Plastics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

United States Engineering Plastics Industry Report

Statistics for the 2023 United States Engineering Plastics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United States Engineering Plastics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

United States Engineering Plastics Market Report Snapshots

United States Engineering Plastics Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029