Engineering Plastics: Global Strategic Business Report

Global Engineering Plastics Market to Reach $248.9 Billion by 2030

The global market for Engineering Plastics estimated at US$128.8 Billion in the year 2022, is projected to reach a revised size of US$248.9 Billion by 2030, growing at a CAGR of 8.6% over the analysis period 2022-2030. Acrylonitrile-Butadiene-Styrene (ABS), one of the segments analyzed in the report, is projected to record 9% CAGR and reach US$93.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyamide segment is readjusted to a revised 7.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $35.1 Billion, While China is Forecast to Grow at 13.2% CAGR

The Engineering Plastics market in the U.S. is estimated at US$35.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$58.3 Billion by the year 2030 trailing a CAGR of 13.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

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.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year