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Engineering Plastics - Global Strategic Business Report

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    Report

  • 308 Pages
  • July 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338447
The global market for Engineering Plastics is estimated at US$157.9 Billion in 2023 and is projected to reach US$248.9 Billion by 2030, growing at a CAGR of 5.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Acrylonitrile-Butadiene-Styrene (ABS) segment, which is expected to reach US$93.6 Billion by 2030 with a CAGR of 6.1%. The Polyamide segment is also set to grow at 5.4% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $41.7 Billion in 2023, and China, forecasted to grow at an impressive 8.7% CAGR to reach $58.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Engineering Plastics Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Engineering Plastics Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Engineering Plastics Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as BASF SE, Celanese Corp., Chi Mei Corp., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 112 Featured):

  • BASF SE
  • Celanese Corp.
  • Chi Mei Corp.
  • Continental Structural Plastics Inc.
  • Covestro AG
  • Dow Inc.
  • Eastman Chemicals Company
  • Evonik Industries AG
  • Formosa Plastics Corp.
  • Honeywell International, Inc.
  • Huntsman Corp.
  • Lanxess AG
  • LG Chem
  • Polyplastics Co., Ltd.
  • Radici Partecipazioni SpA
  • Royal DSM N.V.
  • SABIC
  • Teijin Ltd.
  • Toray Industries Inc.
  • WinTech Polymer Ltd.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • A Quick Primer
  • Recent Market Activity
  • Current & Future Analysis
  • Engineering Plastics Emerge as Critical Material for Automotive Industry
  • Emerging Markets to Propel Demand for Engineering Plastics
  • Improving Economy Buoys General Market Optimism
  • Years 2016 and 2017 in Retrospect
  • 2018 Global Economic Outlook
  • Stability in Global Manufacturing PMI Infuses New Confidence
  • While Fiscal Cliff Concerns Recede to Background, Improving Economy Augurs Well for the Market
  • Market to See New Growth in Key End-Use Sectors
  • Higher Demand from Automotive Sector Charms the Market
  • Rise in Automotive Production Augurs Well for Engineering Plastics Market
  • Demand from Electrical & Electronics Remains Northbound
  • Appliances Seek More of Engineering Plastics
  • Aerospace Looks at Engineering Plastics in Search of Low-Weight Materials
  • Engineering Plastics - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
  • BASF SE (Germany)
  • Celanese Corporation (USA)
  • Chi Mei Corp. (Taiwan)
  • Covestro AG (Germany)
  • DowDuPont Inc. (USA)
  • Eastman Chemicals Company (USA)
  • Evonik Industries AG (Germany)
  • Formosa Plastics Corporation (Taiwan)
  • Honeywell International Inc. (USA)
  • Huntsman Corporation (USA)
  • Lanxess AG (Germany)
  • LG Chem (South Korea)
  • Polyplastics Co., Ltd. (Japan)
  • WinTech Polymer Ltd. (Japan)
  • Radici Partecipazioni SpA (Italy)
  • Royal DSM N.V. (The Netherlands)
  • SABIC (Saudi Arabia)
  • SABIC Innovative Plastics US LLC (USA)
  • Teijin Ltd. (Japan)
  • Continental Structural Plastics Inc. (USA)
  • Toray Industries Inc. (Japan)
3. MARKET TRENDS & DRIVERS
  • Focus on Innovation Steers Growth
  • Sustainability Emerges as Key Consideration
  • Engineering Plastics Demonstrate Faster Growth than Commodity Plastics in Medical Applications
  • Heat-Resistant Engineering Plastics Replace Steel in Hot Water Tanks
  • Blends - Gaining Ground
  • High Cost Remains a Key Impeding Factor for Engineering Polymers Resins
  • Demand Conditions Brighten Up for Polycarbonate
  • Polycarbonate Panels Make Structures Energy Efficient
  • Asia - The Leading Polycarbonate Producer
  • SABIC and Covestro Dominate Global Polycarbonate Production
  • Electronics Account for Higher Share of the Total PC Demand
  • Automotive Applications to Boost PC Demand
  • Transforming Mobility
  • Lightweight Polycarbonate for Windows of Vehicles
  • PC Seeks New Opportunities in the Medical Sector
  • Durability Extends Advantage for PC in Water Bottles
  • Europe Establishes Norms for PC Sheet
  • ABS Facing Stiff Competition from Other Engineering Plastics Focuses on Niche Market
  • Taiwan Leads the Global ABS Production
  • Nylon Aims New Highs
  • Nylon Seeks Potential Opportunity in Engine Parts
  • Automotive Drives Global Polyacetal Demand
  • Polyplastics Dominates Polyacetal Production
  • Polyacetal Preferred for Producing Mechanical Parts Because of Excellent Mechanical Properties
  • Healthy Growth Projected in Thermoplastic Polyesters and Low Volume Resins
  • Thermoplastic Polyester Engineering Resins and Their Growing Usage
  • Demand for Thermoplastic Polyester in Medical Applications to Grow
  • PPS Sees Improved Opportunities
  • PPS Competes with Nylon in Under-the-Hood Applications
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Acrylonitrile-Butadiene-Styrene (ABS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Acrylonitrile-Butadiene-Styrene (ABS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Acrylonitrile-Butadiene-Styrene (ABS) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Polyamide by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Polyamide by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Polyamide by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Fluoropolymer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Fluoropolymer by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Fluoropolymer by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Thermoplastic Polyesters (PBT / PET) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Thermoplastic Polyesters (PBT / PET) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Thermoplastic Polyesters (PBT / PET) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Other Product Segments by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Other Product Segments by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Building & Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Building & Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Consumer Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Consumer Goods by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 27: World 16-Year Perspective for Consumer Goods by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 28: World Engineering Plastics Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 29: World Recent Past, Current & Future Analysis for Engineering Plastics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Engineering Plastics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Engineering Plastics by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Engineering Plastics Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BASF SE
  • Celanese Corp.
  • Chi Mei Corp.
  • Continental Structural Plastics Inc.
  • Covestro AG
  • Dow Inc.
  • Eastman Chemicals Company
  • Evonik Industries AG
  • Formosa Plastics Corp.
  • Honeywell International, Inc.
  • Huntsman Corp.
  • Lanxess AG
  • LG Chem
  • Polyplastics Co., Ltd.
  • Radici Partecipazioni SpA
  • Royal DSM N.V.
  • SABIC
  • Teijin Ltd.
  • Toray Industries Inc.
  • WinTech Polymer Ltd.

Table Information