Engineering Plastics Market Size, Share, and Trends Analysis Report Size, Share, Trends, Growth Opportunities and Competitive Outlook 2029
Engineering Plastics Market Size, Share, and Trends Analysis Report Size, Share, Trends, Growth Opportunities and Competitive Outlook 2029
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"Global Engineering Plastics Market' – Industry Trends and Forecast to 2029
Global Engineering Plastics Market, By Type (Acrylonitrile Butadiene Styrene (ABS), Polyamide, Polycarbonates, Thermoplastic polyester, Others), Parameters (High Performance, Low Performance), Application (Abrasion Resistant Liners, Acid Trays, Anti-Corrosive Liners, Braking Tray Liners, Bearings, Bench Top, Boat Chopping Board, Boat Windscreen, Bolts and Nuts, Others), End-Use Industry (Automotive and Transportation, Consumer Appliances, Electrical and Electronics, Industrial and Machinery Packaging and Other), Country (U.S., copyright, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2029.
The engineering plastics market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 6.90% in the above-mentioned forecast period.
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**Segments**
- **Type:** The engineering plastics market can be segmented based on the type of plastics, including polyamide, polycarbonate, polyoxymethylene, acrylonitrile butadiene styrene (ABS), thermoplastic polyesters, fluoropolymers, and others. Each type offers specific properties and cater to different applications within industries such as automotive, electrical & electronics, consumer goods, and more.
- **Application:** Segmentation based on application includes automotive, electrical & electronics, consumer goods, industrial manufacturing, packaging, and others. The growing demand for lightweight materials in the automotive industry and the increasing use of engineering plastics in electrical & electronics applications are significant drivers for this segment of the market.
- **Region:** Geographically, the market can be segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific holds a significant share in the engineering plastics market due to the rapid industrialization, increasing manufacturing activities, and the presence of key automotive players in countries like China, Japan, and South Korea.
**Market Players**
- **BASF SE:** A leading player in the engineering plastics market, BASF SE offers a wide range of high-performance plastics tailored for various industries. The company focuses on innovation and sustainability, providing solutions that meet the evolving needs of customers worldwide.
- **Covestro AG:** Covestro AG is another key player known for its advanced materials and sustainable solutions in the engineering plastics sector. The company's portfolio includes polycarbonates, polyurethanes, and other specialty plastics that find applications in diverse industries.
- **SABIC:** SABIC is a global leader in diversified chemicals, including engineering plastics. The company's product portfolio comprises high-performance materials that cater to the automotive, healthcare, and consumer electronics sectors, among others.
- **DuPont de Nemours, Inc.:** DuPont is a prominent player in the engineering plastics market, offeringThe engineering plastics market is witnessing significant growth and innovation driven by the demand for high-performance materials in various industries. BASF SE, a key player in the market, has established itself as a leading provider of engineering plastics tailored to meet the specific needs of industries such as automotive, electrical & electronics, and consumer goods. With a strong focus on innovation and sustainability, BASF SE continuously develops new solutions to address evolving market trends and customer requirements. The company's diverse product portfolio, including polyamides, polycarbonates, and thermoplastic polyesters, positions them as a preferred supplier in the global market.
Covestro AG, another prominent player in the engineering plastics sector, stands out for its advanced materials and sustainable solutions. The company's offerings, such as polycarbonates and polyurethanes, cater to a wide range of applications across industries like automotive, construction, and electronics. Covestro's commitment to sustainability and technological advancement ensures that they remain competitive in the market and continue to meet the growing demand for high-quality engineering plastics.
SABIC, a global leader in diversified chemicals, has a strong presence in the engineering plastics market with its high-performance materials tailored for industries such as automotive, healthcare, and consumer electronics. The company's focus on developing innovative solutions and fostering strategic partnerships enables them to address market challenges effectively and maintain a competitive edge. SABIC's product portfolio, which includes acrylonitrile butadiene styrene (ABS) and fluoropolymers, reflects their commitment to delivering high-performance materials that meet the stringent requirements of modern applications.
DuPont de Nemours, Inc., a well-known player in the engineering plastics market, offers a wide range of solutions for industries seeking high-performance materials. DuPont's expertise in materials science and product development allows them to create innovative engineering plastics that address the specific needs of customers in industries like automotive, packaging, and industrial manufacturing. The company's continuous investment in research and development ensures that they stay at the**Segments**
- **Type:** The global engineering plastics market can be segmented into different types of plastics, including acrylonitrile butadiene styrene (ABS), polyamide, polycarbonates, thermoplastic polyester, and others. These types of plastics offer varying properties and cater to different applications across industries such as automotive, consumer goods, electrical & electronics, and industrial manufacturing.
- **Application:** The market can also be segmented based on applications such as abrasion-resistant liners, acid trays, anti-corrosive liners, braking tray liners, bearings, benchtops, boat chopping boards, boat windscreens, bolts and nuts, and other specialized applications. The diverse applications of engineering plastics in industries like automotive and transportation, consumer appliances, electrical and electronics, industrial and machinery, packaging, and others drive the demand for these materials.
- **End-Use Industry:** The end-use industry segment includes automotive and transportation, consumer appliances, electrical and electronics, industrial and machinery, packaging, and other sectors. The utilization of engineering plastics for various purposes such as lightweight components in automobiles, durable consumer appliances, high-performance electronic devices, and protective packaging drives the market growth in these industries.
**Global Engineering Plastics Market, By Type (Acrylonitrile Butadiene Styrene (ABS), Polyamide, Polycarbonates, Thermoplastic polyester, Others), Parameters (High Performance, Low Performance), Application (Abrasion Resistant Liners, Acid Trays, Anti
Key points covered in the report: -
- The pivotal aspect considered in the global Engineering Plastics Market report consists of the major competitors functioning in the global market.
- The report includes profiles of companies with prominent positions in the global market.
- The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
- The driving factors for the growth of the global Engineering Plastics Market are thoroughly explained along with in-depth descriptions of the industry end users.
- The report also elucidates important application segments of the global market to readers/users.
- This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
- The experts also evaluate the export/import policies that might propel the growth of the Global Engineering Plastics Market.
- The Global Engineering Plastics Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Engineering Plastics Market Landscape
Part 04: Global Engineering Plastics Market Sizing
Part 05: Global Engineering Plastics Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
The investment made in the study would provide you access to information such as:
- Engineering Plastics Market [Global – Broken-down into regions]
- Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
- Country-wise Market Size Split [of important countries with major market share]
- Market Share and Revenue/Sales by leading players
- Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
- Market Size
- Market Size by application/industry verticals
- Market Projections/Forecast
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