North America Engineering Plastics market - Segmented by Product type, Application and Geography - Trends and Forecasts (2016 - 2021)

  • ID: 3606023
  • Report
  • Region: America, North America, United States
  • 91 pages
  • Mordor Intelligence
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  • Arkema SA
  • Celanese Corporation
  • Dow Chemical Co.
  • Evonik Industries AG
  • LG Chem Ltd
  • MORE
Engineering plastics market in North America is likely to maintain a CAGR of about 5.5% to 6% during the 2014-2020 analysis period, with the United States accounting for the largest share in 2014. In terms of the product segment, Styrene copolymers (ABS & SAN) represent the largest, as well as the fastest growing commodity in this segment. Similarly, with respect to the end-use area, the demand in engineering plastics is the highest for consumer goods & appliances while, the fastest growth is expected to be recorded by automotive and construction applications. By region categorization, the fastest growth in demand for engineering plastics is likely to come from Mexico.

Typically, engineering plastics possess superior properties, such as high dimensional stability, enhanced resistance to heat and chemicals, and greater mechanical strength. Since each category of engineering plastics offers unique properties, they find their application in a range of end-use industries, which, in turn, has led them to grow significantly. Statistically, the global market for engineering plastics is expected to register a CAGR of over 8.2% between 2014 and 2020.

The increment in the demand for lightweight, flexible and durable materials has enabled the penetration of engineering plastics into sectors that were previously unexplored or assumed to be unrealistic. These distinct sectors include automotive engineering & transportation, construction, consumer goods & appliances, electrical & electronics, and industrial machinery & packaging, among others. In these industries, engineering plastics are used as substitutes for conventional materials like metal and wood.Additionally, the companies, which are focused on developing improved grades of engineering plastics, are always engaged in extensive research and developmental activities. This is anticipated to increase the utilization scope of engineering plastics to a greater extent. Innovation in products has become the standard strategy adopted by prime companies in this sector. These key companies are also involved in other activities like mergers and acquisitions, collaborations and expansions into the unexplored markets.

In terms of product, demand for styrene copolymers (ABS & SAN) is the largest while, on the application front, consumer goods & appliances have the highest number of end-users. Asia-Pacific constitutes the largest, as well as, the fastest growing global market for engineering plastics. However, the developed markets of North America and Europe are likely to exhibit slower growth over the analysis period. Automotive & transportation and building construction are two of the more promising application areas for engineering plastics. The market is segmented by product types (Fluoropolymers, Polyacetal/Polyoxymethylene, Polyamides, Polycarbonates, Polymethyl Methacrylate (PMMA), Polyphenylene Oxide (PPO/PPE Blends), Polyphenylene Sulfide (PPS), Styrene Copolymers (ABS & SAN), Thermoplastic Polyesters (PET & PBT) and Other engineering plastics), by their application (Automotive & Transportation, building & construction, consumer goods & appliances, electrical & electronics, industrial & machinery and packaging) and by their geography (North America, Asia-Pacific, Europe, Middle East & Africa and South America). The prime players in this market are BASF SE, Bayer Material Science, Poly Plastic Co. Ltd, Mitsubishi Engineering Plastic Corporation.


Engineering plastics are replacing the traditional materials as there is demand for lighter, more flexible and innovative products.


The raw materials used in this industry are expensive and there are strict environmental norms curbing the use of plastics.

What the report offers?

Identification of key drivers and restraints of the market
Assessment and competition analysis
Identification of market scenarios, opportunities and key companies in the North America engineering plastics market.
Extensively researched major companies’ profiles along with their strategic initiatives and market shares
Identification & analysis of the macro and micro factors affecting this market
Identification of Key market players with their strategic interests and key financial information

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
Note: Product cover images may vary from those shown
2 of 4


  • Arkema SA
  • Celanese Corporation
  • Dow Chemical Co.
  • Evonik Industries AG
  • LG Chem Ltd
  • MORE
1. Introduction

1.1 Description

1.2 Research Methodology

1.3 Report Outline

2. Executive Summary

3. Market Overview

3.1 Current Market Scenario

3.2 Factors Driving the Engineering Plastics Market

3.2.1 Engineering Plastics Replacing Traditional Materials

3.2.2 Growing Demand for Lighter and Flexible Products in a Range of Industries

3.2.3 Companies Focusing on R&D to Develop Newer and Better Engineering Plastics

3.3 Restraints for the Engineering Plastics Market

3.3.1 Raw Material Price Volatility

3.4 Opportunities for the Engineering Plastics Market

3.4.1 Innovative Product Approaches by Companies

3.4.2 Introduction of “Green Vehicles” a Key to Future Growth

3.5 Porter’s Five Forces

3.5.1 Bargaining Power of Suppliers

3.5.2 Bargaining Power of Consumers

3.5.3 Threat of New Entrants

3.5.4 Threat of Substitute Products and Services

3.6 Industry Value Chain Analysis

4. Market Segmentation

4.1 By Product

4.1.1 Fluoropolymers (PTFE & Others)

4.1.2 Polyacetal/Polyoxymethylene

4.1.3 Polyamides

4.1.4 Polycarbonates

4.1.5 Polymethyl Methacrylate (PMMA)

4.1.6 Polyphenylene Oxide (PPO/PPE Blends)

4.1.7 Polyphenylene Sulfide (PPS)

4.1.8 Styrene Copolymers (ABS & SAN)

4.1.9 Thermoplastic Polyesters (PET & PBT)

4.1.10 Other Engineering Plastics

4.2 By Application

4.2.1 Automotive & Transportation

4.2.2 Building & Construction

4.2.3 Consumer Goods & Appliances

4.2.4 Electrical & Electronics

4.2.5 Industrial & Machinery

4.2.6 Packaging

4.2.7 Other Applications

5. North America Market Analysis

5.1 United States

5.2 Canada

5.3 Mexico

6. Policies and Regulations

7. Competitor Analysis

7.1 Market Shares of Leading Global Players

7.2 Strategies Adopted by Leading Global Players

8. Company Profiles

8.1 Arkema SA

8.2 Asahi Kasei Corporation


8.4 Bayer MaterialScience

8.5 Celanese Corporation

8.6 Chevron Phillips Chemical Company LP

8.7 Daicel Corporation

8.8 E. I. DuPont De Nemours & Company

8.9 Eastman Chemical Company

8.10 Evonik Industries AG

8.11 Lanxess AG

8.12 LG Chem Ltd

8.13 Mitsubishi Engineering Plastic Corporation

8.14 Polyplastic Co. Ltd

8.15 Royal DSM NV

8.16 SABIC Innovative Plastics

8.17 Solvay Plastics

8.18 Teijin Chemicals Limited

8.19 Dow Chemical Co.

9. Appendix
Note: Product cover images may vary from those shown
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Arkema SA

Asahi Kasei Corporation


Bayer MaterialScience

Celanese Corporation

Chevron Phillips Chemical Company LP

Daicel Corporation

E. I. DuPont De Nemours & Company

Eastman Chemical Company

Evonik Industries AG

Lanxess AG

LG Chem Ltd

Mitsubishi Engineering Plastic Corporation

Polyplastic Co. Ltd

Royal DSM NV

SABIC Innovative Plastics

Solvay Plastics

Teijin Chemicals Limited

Dow Chemical Co.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown