Global Engineering Plastic Market Growth (Status and Outlook) 2025-2031

Global Engineering Plastic Market Growth (Status and Outlook) 2025-2031


The global Engineering Plastic market size is predicted to grow from US$ 121650 million in 2025 to US$ 163310 million in 2031; it is expected to grow at a CAGR of 5.0% from 2025 to 2031.

Engineering plastics are types of plastics that will have better chemical resistance, impact and mechanical strength then commodity plastics. They will perform better under extreme stress and heat.

Engineering plastics are a class of polymers that have been specially formulated to exhibit enhanced mechanical, electrical, thermal, and chemical properties compared to commodity plastics. These enhanced properties allow engineering plastics to be used in demanding industrial and engineering applications such as gears, bearings, bushings, and medical implants.

The main difference between engineering plastics and commodity plastics is that engineering plastics are used in more technically demanding environments. While commodity plastics are also popular, they are not suitable for the same applications as engineering plastics as they do not exhibit the same degree of material properties. Engineering plastic parts are typically manufactured by plastic injection molding or plastic extrusion, although 3D printing is also possible.

Engineering plastics play a pivotal role in many industries, such as: automotive, aerospace, electronics, medical, and consumer goods manufacturing. Engineering plastics are known for their ability to be used in applications where metals may be too heavy, expensive, or susceptible to corrosion, and where commodity plastics lack the strength and durability required. They are durable and versatile owing to their mechanical strength and impact resistance, coupled with their desirable thermal, electrical, and chemical properties. Engineering plastics offer manufacturers an ideal balance between strength, cost, weight, and durability.

This report studies the engineering plastics, include the Special Engineering Plastics and General Engineering Plastics.

General Engineering Plastics include Acrylonitrile butadiene styrene (ABS), Polyamides (PA), Polycarbonate (PC), Thermoplastic Polyester Elastomer (TPEE), Polyacetals (POM), Polybutylene terephthalate (PBT) and Polymethyl Methacrylate (PMMA), etc.

Special Engineering Plastics include PMMI, PEI, PAI, PEEK, PEKK, PSU, PES, PPSU, PPS, PTFE, PCTFE, PVDF, and Others.

In Africa, Engineering Plastickey players include Ineos, Asahi Chemical Corp, China National Petroleum Corporation (CNPC), ASCEND, Secco, etc.

South Africa is the largest market, with a share about 30%, followed by Nigeria and Egypt, having a total share about 40 percent.

In terms of product,the segment includes General Engineering Plastics Type, Special Engineering Plastics. And in terms of application, the application includes Automotive Industry, Electronics Industry, Building Materials, Other Application, Packaging industry.

LPI (LP Information)' newest research report, the “Engineering Plastic Industry Forecast” looks at past sales and reviews total world Engineering Plastic sales in 2024, providing a comprehensive analysis by region and market sector of projected Engineering Plastic sales for 2025 through 2031. With Engineering Plastic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engineering Plastic industry.

This Insight Report provides a comprehensive analysis of the global Engineering Plastic landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Engineering Plastic portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Engineering Plastic market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engineering Plastic and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Engineering Plastic.

This report presents a comprehensive overview, market shares, and growth opportunities of Engineering Plastic market by product type, application, key players and key regions and countries.

Segmentation by Type:
Acrylonitrile butadiene styrene (ABS)
Polyamides (PA)
Polycarbonate (PC)
Thermoplastic Polyester Elastomer (TPEE)
Polyacetals (POM)
Polybutylene terephthalate (PBT)
Polymethyl Methacrylate (PMMA)
Special Engineering Plastics
Others

Segmentation by Application:
Automotive Industry
Electronics and Semiconductors
Aviation and Aerospace
Transportation
Medical Equipment
Home Appliances and Consumer Electronics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ineos
Covestro
SABIC
Mitsubishi Chemical
Lotte Chemical
Teijin Limited
DSM
Victrex
Solvay
Evonik
Arkema
UBE Industries
BASF SE
AdvanSix
Lanxess
Clariant Corporation
Toray
JSR
Röhm
Sumitomo Chemical
LX MMA
Celanese
Asahi Kasei
LyondellBasell
Kolon Plastics
DuPont
Kuraray
Idemitsu Kosan
Trinseo
CHIMEI
LG Chem
Samyang Kasei
SIBUR (Kazanorgsintez)
Sinopec
Wanhua Chemical
Formosa
CNPC
Dagu Chemical
KKPC
EMS-Grivory
Unitika
DOMO Chemicals
Grupa Azoty
LIBOLON
Polymeric Resources Corporation (PRC)
Shakespeare
Huajin Chemical
Gaoqiao
Grand Pacific Petrochemical
Kumho Sunny
MEP
Polyplastics
DIC
Kureha
Plaskolite
PTTAC
Dow
Avient

Please note: The report will take approximately 2 business days to prepare and deliver.


*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Engineering Plastic Market Size by Player
4 Engineering Plastic by Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Engineering Plastic Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

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