Engineering Plastics Market, By Product Type (Polyamides (PA), Polycarbonates (PC), Acrylonitrile butadiene styrene (ABS) and Styrene Acrylonitrile (SAN), Polyoxymethylene (POM), Polybutylene terephthalate (PBT), Fluoropolymers, Polymethyl methacrylate (P

Engineering Plastics Market, By Product Type (Polyamides (PA), Polycarbonates (PC), Acrylonitrile butadiene styrene (ABS) and Styrene Acrylonitrile (SAN), Polyoxymethylene (POM), Polybutylene terephthalate (PBT), Fluoropolymers, Polymethyl methacrylate (PMMA), High-performance engineering plastics (include LCP, PEEK, PEI, PPO, PES, PSU), Others (includes UHMWPE/UHMW, TPI alloys, and blends, etc.)), By Application (Automotive and Transportation (Interiors and Safety, Engine and Mechanical, Exteriors and Structural, Others (include fuel systems, electrical and electronics)), Electrical and Electronics (Consumer Appliances, Others (include lighting, optical media, wire and cable, electronic components), Electronic Products), Construction (Glazing and Sky Lighting, Pipes and Fittings, Others (Wall outlets, building bricks)), Medical (Diagnostic and Drug Delivery Systems, Medical Devices, Others (include surgical instruments, orthopedic implant, and orthopedics)), Industrial and Machinery, Packaging, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Engineering plastics have high-performance plastic that has better mechanical and physical properties than normal plastic. These plastics are widely used across various manufacturing industries that require high performance with respect to chemical stability, impact resistance, durability, and thermal and dimensional stability. Moreover, automotive and transportation, electrical and electronics, construction, medical, and packaging are some of the major end-user of engineering plastic.
Market Dynamics
The global engineering plastics market has witnessed significant growth in recent past years, owing to the increasing demand engineering plastics in end-use industries such as medical, automotive, transportation, and electronic industry. Based on the application, the global engineering plastics market is bifurcated into the automotive and transportation, electrical and electronics, construction, medical, industrial and machinery, packaging and others. Among these segments, electrical and electronic segment dominated the global engineering plastics market in 2018, owing to the wide use of PVC engineering plastics in the electrical wiring, cables, smartphones, and household appliances and in other devices. This factor is estimated to drive growth of the global engineering plastics market during the forecast period.
Furthermore, Asia Pacific region dominated the global engineering plastics market in 2018, owing to the growing applications of engineering plastics in the medical industry among countries such as China and India. As a result, this scenario is estimated to foster the growth of the global engineering plastics market during the forecast timeframe.
Key features of the study:
This report provides in-depth analysis of the global engineering plastics market, market size (US$ Billion, Thousand Tones), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year..
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, engineering plastics products, regional outlook, and competitive strategy adopted by the leading players.
Key companies covered as a part of this study includes Arkema Group, Asahi Kasei Corporation, BASF SE, Celanese Corporation, Covestro, DSM N.V., Dupont, Lanxess, LG Chem., Mitsubishi Engineering-Plastics Corporation, Saudi Basic Industries Corporation (Sabic), Solvay SA, Teijin, Toray, and Victrex Plc.
It profiles leading players in the global engineering plastics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
The global engineering plastics market report caters to various stakeholders in this industry, including investors, product developers, distributors, engineering plastics companies, research institutes, new entrants, and financial analysts.
Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global engineering plastics market.
Market Taxonomy
Global Engineering Plastics Market, By Product Type:
Polyamides (PA)
Polycarbonates (PC)
Acrylonitrile butadiene styrene (ABS) and Styrene Acrylonitrile (SAN)
Polyoxymethylene (POM)
Polybutylene terephthalate (PBT)
Fluoropolymers
Polymethyl methacrylate (PMMA)
High-performance engineering plastics (include LCP, PEEK, PEI, PPO, PES, PSU)
Others (includes UHMWPE/UHMW, TPI alloys, and blends, etc.)
Global Engineering Plastics Market, By Application:
Automotive and Transportation
Interiors and Safety
Engine and Mechanical
Exteriors and Structural
Others (include fuel systems, electrical and electronics)
Electrical and Electronics
Consumer Appliances
Others (include lighting, optical media, wire and cable, electronic components)
Electronic Products
Construction
Glazing and Sky Lighting
Pipes and Fittings
Others (Wall outlets, building bricks)
Medical
Diagnostic and Drug Delivery Systems
Medical Devices
Others (include surgical instruments, orthopedic implant, and orthopedics)
Industrial and Machinery
Packaging
Others
Global Engineering Plastics Market, By Geography:
North America
U.S.
Canada
Europe
U.K.
Germany
Italy
France
Spain
Nordic
Benelux
Russia
Poland
Rest of Europe
Asia Pacific
China
India
Japan
ASEAN
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Company Profiles
Arkema Group *
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
Asahi Kasei Corporation
BASF SE
Celanese Corporation
Covestro
DSM N.V.
Dupont
Lanxess
LG Chem.
Mitsubishi Engineering-Plastics Corporation
Saudi Basic Industries Corporation (Sabic)
Solvay SA
Teijin
Toray
Victrex Plc.
“*” marked represents similar segmentation in other categories in the respective section