Uploaded on Mar 16, 2021
Growing demand for engineering plastics for the improved products can boost the market demand and increasing adoption of 3D printing which uses polyamides as a feedstock can act as an opportunity for the market. High availability o cheaper alternatives can restrain the market growth. Time consuming process for the manufacturing of engineering plastics can act as a challenge for the manufacturers,
Engineering Plastics Market Set to Make Rapid Strides in 2020-2027
Engineering Plastics Market Set to Make Rapid Strides
in 2020-2027
Engineering Plastics Market, By Type {Acrylonitrile Butadiene Styrene (ABS), Polyamide,
Polycarbonates and Others}, End-Use Industry {Automotive & Transportation,
Consumer Appliances, Electrical & Electronics, Industrial & Machinery Packaging and
Other), Country (U.S., Canada, 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 2027
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Report Description
Engineering plastics market is expected to grow at a rate of 6.90% for the forecast period
of 2020 to 2027. Engineering plastics market report analyses the growth, due to
accelerating demand for high speed vessels.
Growing demand for engineering plastics for the improved products can boost the
market demand and increasing adoption of 3D printing which uses polyamides as a
feedstock can act as an opportunity for the market. High availability o cheaper
alternatives can restrain the market growth. Time consuming process for the
manufacturing of engineering plastics can act as a challenge for the manufacturers,
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Major Key Players
Some of the major players operating in this market are :
• BASF SE
• Ashland
• Arkema
• Covestro AG
• A. Schulman, Inc.
• AdvanSix
• Asahi Kasei Corporation
• Celanese Corporation
• LANXESS
• Chi Mei Corporation
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Market Segmentation
• By Type {Acrylonitrile Butadiene Styrene (ABS), Polyamide, Polycarbonates
and Others)
• By End-Use Industry {Automotive & Transportation, Consumer Appliances,
Electrical & Electronics, Industrial & Machinery Packaging and Other)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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Research
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