Global Engineering Plastics Market is expected to reach $183.44 billion by 2027 growing at a CAGR of 9.3% during 2018 to 2027.

Dec 2, 2019

Some of the key players in Global Engineering Plastics market include Mitsubishi Engineering-Plastics Corporation, DuPont de Nemours, Inc., Evonik Industries AG, BASF SE, Royal DSM, Grand Pacific Petrochemical Corporation, INEOS Styrolution Group GmbH (INEOS), Covestro AG, and Solvay S.A.

Gaithersburg, Maryland, United States - December 2, 2019 /MarketersMedia/ —

Some of the factors such as growing demand for polyamides for 3D printing, growth in end-user industries are driving the market growth. However, lack of institutional arrangements, fluctuating crude oil prices are hampering the market.

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Engineering plastics exhibit higher performance than standard materials, making them ideal for tough engineering applications. They have gradually replaced traditional engineering materials such as wood or metal in many applications because, not only do they equal or surpass them in their weight/strength ratio and other properties, but they are also much easier to manufacture, especially in complicated shapes. Engineering plastics have superior performance in the areas of heat resistance, chemical resistance, impact resistance, fire retardancy and mechanical strength.

In terms of type, the polyacetal segment is likely to have a lucrative growth during the forecast period owing to its tremendous properties which makes suitable for applications in industrial machinery, electrical and electronic devices, automotive and plumbing, and consumer goods applications, thereby, driving the engineering plastics market.

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Based on geography, Asia Pacific is going to have a lucrative growth owing to the growing population, increasing urbanization, and substitution of many metals by suitable engineering plastics in various industries, such as packaging and automotive which made huge consumption of engineering plastics in recent past.

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Types Covered:
• Polycarbonates
• Acrylonitrile Butadiene Styrene (ABS)
• Polyamides
• Polyetherketone (PEK)
• Thermoplastic Polyesters
• Fluoropolymers
• Polyethylene Terephthalate (PET)
• Polyacetal/ Polyoxymethylene
• Polyphenylene Oxide (PPO/PPE Blends)
• Polybutylene Terephthalate (PBT)
• Polymethyl Methacrylate (PMMA)
• Polyphenylene Sulfide (PPS)
• Styrene Copolymers (ABS and SAN)
• Polyether Ether Ketone (PEEK)
• Liquid Crystal Polymers (LCP)
• Polyimides (PI)
• Acetal
• Acrylic
• Bakelite
• High Performance Materials
• Polyethylenes (PE)
• Polypropylene (PP)
• Polyurethane
• Polytetrafluoroethylene
• Polyvinyl Chloride (PVC)
• Other Types

Performance Parameter Covered:
• High Performance
• Low Performance

Applications Covered:
• Advanced Batteries
• CD/DVD
• Medical Implants
• Shoes
• Valve Components
• Wear Plates
• Terminal Boards
• Washer
• Thrust Washers
• Valve Bodies
• Scraper Blades
• Thermal Insulators
• Skylights
• Safety Glass and Guards
• Abrasion Resistant Liners
• Wear Pads
• Sightglass
• Self-Lubricating Parts
• Security Windows
• Nuts and Bolts
• Gears
• Insulators
• Rollers
• Pump Components
• Pressure Plates
• Slide Bearings
• Slideways
• Piston Rings
• Hoppers
• Food Production
• Heat Seal Surfaces
• Boat Chopping Board
• Seals
• Lantern Rings
• Kicker Arms
• Buffer Pads
• Metal Detector Chutes
• High Precision Parts
• Electrical Insulator
• Bearings
• Anti-Corrosive Liners
• Guards
• Plating Tanks and Hoods
• Gaskets
• Fume Ducting
• Acid Trays
• Feedscrolls
• Exhaust Ducts
• Bench Top
• Boat Windscreen
• Cutting Boards
• Cooling Towers
• Guide Strips
• Machine Guards
• Chevron Packing’s
• Bushes
• Guide Wheels
• Piston Seals and Cups
• Conveyor Mechanisms
• Bolts & Nuts
• Display
• Braking Tray Liners
• Lighting
• Level Indicators
• Bottle Line Wear Plate
• Chain Guide
• Other Applications

End Users Covered:
• Consumer Appliances
• Aerospace
• Oil & gas
• Automotive & Transportation
• Electrical & Electronics
• Medical
• Food
• Packaging
• Industrial & Machinery
• Medical Applications
• Building & Construction

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/

Source URL: https://marketersmedia.com/global-engineering-plastics-market-is-expected-to-reach-18344-billion-by-2027-growing-at-a-cagr-of-93-during-2018-to-2027/88936857

Source: MarketersMedia

Release ID: 88936857

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