North America Engineering Plastics Market Segmented by Product, Application and Geography 2017 - 2022

  • ID: 4390466
  • Report
  • Region: America, North America, United States
  • 150 pages
  • Mordor Intelligence
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Engineering plastics market in North America is likely to maintain a CAGR of about 5.5% to 6% during the (2017 - 2022) analysis period, with the United States accounting for the largest share in 2015. 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 2015 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.

Key Deliverables in the Study?

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
Note: Product cover images may vary from those shown
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1. Introduction
1.1 Description
1.2 Research Methodology
1.3 Scope of the Report
2. Executive Summary
3. North America Engineering Plastics Market
3.1 Industry Value Chain Analysis
3.2 Patent Analysis
3.3 Raw Material Analysis
3.4 Industry Attractiveness Porters Five Force Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition
4. Market Dynamics
4.1 Drivers
4.1.1 Growing Demand for Lighter and Flexible Products in Range of Industries
4.1.2 Increasing Popularity of Bio-Based PET
4.1.3 Engineering Plastics Replacing Traditional Materials
4.2 Restraints
4.2.1 Volatility in Raw Material Prices
4.3 Opportunities
4.3.1 Innovative Product Applications
4.3.2 Increasing Usage in Aerospace Industry
4.3.3 Accelerating Usage in Green Vehicles
5. Market Segmentation and Analysis
5.1 By Product
5.1.1 Fluoropolymers Polytetrafluoroethylene (PTFE) Polyvinylidene Fluoride (PVDF) Fluorinated Ethylene Propylene (FEP)
5.1.2 Polyacetal/Polyoxymethylene
5.1.3 Polyamides Nylon 6 Nylon 66 Others
5.1.4 Polycarbonates
5.1.5 Polymethyl Methacrylate (PMMA)
5.1.6 Polyphenylene Oxide (PPO/PPE Blends)
5.1.7 Polyphenylene Sulfide (PPS)
5.1.8 Styrene Copolymers (ABS & SAN)
5.1.9 Thermoplastic Polyesters Polybutylene Terephthalate (PBT) Polyethylene Terephthalate (PET) Copolyesters (PETG/PCTG)
5.1.10 Liquid Crystal Polymers (LCP)
5.1.11 Polyether Ether Ketone (PEEK)
5.1.12 Polyimides (PI)
5.1.13 Others
5.2 By End-user Industry
5.2.1 Automotive & Transportation
5.2.2 Building & Construction
5.2.3 Consumer Goods & Appliances
5.2.4 Electrical & Electronics
5.2.5 Industrial & Machinery
5.2.6 Packaging
5.2.7 Others
6. Regional Market Analysis
6.1 United States
6.2 Canada
6.3 Mexico
6.4 Rest of North America
7. Policies and Regulations
8. Competitive Landscape
8.1 Mergers & Acquisitions
8.2 Joint Ventures, Collaborations, and Agreements
8.3 Market Share Analysis
8.4 Strategies Adopted by Leading Players
9. Company Profiles
9.1 A. Schulman Inc.
9.2 Arkema SA
9.3 Asahi Kasei Corporation
9.4 Ashland Inc.
9.6 CCP Composites
9.7 Celanese Corporation
9.8 Chemtura Corporation
9.9 Chi Mei Corporation
9.10 Chevron Phillips Chemical
9.11 Covestro AG
9.12 Daicel Corporation
9.13 DuPont
9.14 Dyneon LLC
9.15 Eastman Chemical Company
9.16 Evonik Industries AG
9.17 Grand Pacific Petrochemical Corporation
9.18 Honeywell Resins and Chemicals
9.19 Ineos Group
9.20 Lanxess AG
9.21 LG Chemicals
9.22 Mitsubishi Engineering Plastics Corporation
9.23 Nova Chemicals Corporation
9.24 PolyOne Corporation
9.25 Polyplastics Co. Ltd.
9.26 Rochling Group
9.27 Royal DSM NV
9.28 SABIC
9.29 Solvay Plastics
9.30 Styrolution Group
9.31 Styron
9.32 Teijin Chemicals Limited
9.33 The Dow Chemical Company
10. Disclaimer
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown