Engineering Plastics Market Growth Analysis Report – Key Drivers, Trends, and Insights – MMR

Engineering Plastics Market Size and Growth Outlook:

The Engineering Plastics Market size was valued at US$ 114.24 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 7.2% from 2024 to 2030, reaching nearly US$ 185.86 Bn.

Engineering Plastics Market Overview:

The "Engineering Plastics Market" report provides the latest market insights to assist decision-makers in making informed investment choices. It presents a detailed analysis of the global Engineering Plastics market based on product type, application, key manufacturers, and key geographical regions.

Engineering Plastics Market Scope:

The report evaluates the growth opportunities, challenges, and market dynamics affecting the Engineering Plastics industry. Utilizing Porter's Five Forces analysis, it assesses various factors influencing market trends, including supplier bargaining power and competitive landscape.

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Engineering Plastics Market Segmentation:

by Type

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

by End-Use Industry

Automotive & transportation
Electrical & electronics
Industrial & machinery
Packaging
Consumer appliances
Medical
Others

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Engineering Plastics Key Market Players:

The key players operating in the Engineering Plastics market include:

1. Asahi Kasei Corporation
2. BASF SE
3. Celanese Corporation
4. Covestro
5. DSM N.V.
6. Dupont
7. Lanxess
8. LG Chem.
9. Mitsubishi Engineering-Plastics Corporation
10.Saudi Basic Industries Corporation (Sabic)
11.Solvay SA
12.Teijin
13.Toray
14.Victrex Plc.
15.Ashland
16.Arkema
17.A. Schulman, Inc.
18.AdvanSix
19.Chi Mei Corporation

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Engineering Plastics  Market Regional Analysis:

The global Engineering Plastics market has been analyzed across the following regions:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Russia)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia)
  • Latin America (Brazil, Argentina, Colombia)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Impact of COVID-19 on the Engineering Plastics Market:

The COVID-19 pandemic has significantly affected the global Engineering Plastics market , leading to disruptions such as:

  • Flight cancellations and travel restrictions
  • Quarantines and business closures
  • Event cancellations and supply chain interruptions
  • Stock market fluctuations and economic uncertainties

Key Questions Addressed in the Report:

  • What are the emerging trends in the Engineering Plastics market during the forecast period?
  • What will be the market size of Engineering Plastics ?
  • Which company holds the largest market share in the Engineering Plastics industry?

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