Research and Markets: Engineering Plastics Market to 2020 – The Market Size for Engineering Plastics is Projected to Reach $97.2 Billion by 2020
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/ghj4jr/engineering) has announced the addition of the “Engineering Plastics Market by Type (PC, ABS, PET & PBT, POM, Fluoropolymers and Others), Application (Automotive & Transport, Industrial & Machinery, Packaging, Consumer Appliances, and Others) – Global Forecast to 2020” report to their offering.
Engineering plastics are plastic materials that are generally used in applications which require high level of performance and exhibit superior properties such as high mechanical strength and heat & chemical resistance. Engineering plastics have better mechanical, thermal properties than the more commonly used commodity plastics.
They have replaced traditional engineering materials such as wood or metal in many applications. Besides equaling or surpassing commodity plastics in strength and other properties, engineering plastics are much easier to manufacture. The increasing usage of engineering plastics to replace traditional material such as metals is expected to lead the market towards product innovation and material development.
The global engineering plastics market is witnessing growth on account of increasing applications, technological advancements, and rapidly growing demand in the Asia-Pacific region. Automotive & transportation is the fastest-growing application for engineering plastics during the forecast period.
The market size for engineering plastics is projected to reach 97.2 Billion by 2020, registering witness a CAGR of 7.6% during the period between 2015 and 2020. Asia-Pacific will be the growth driver of the market during the forecast period. China has the largest market share and is the second-fastest growing market in Asia-Pacific.
- BASF SE
- Celanese Corporation
- E. I. Du Pont De Nemours and Company
- Evonik Industries AG
- LG Chem
- Lanxess AG
- Mitsubishi Enginnering-Plastic Corporation
- Sabic Innovative Plastics
- Solvay SA
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Engineering Plastics Market, By Type
8 Engineering Plastics Market, By Application
9 Engineering Plastics Market, By Region
10 Competitive Landscape
11 Company Profiles (Overview, Financial*, Products & Services, Strategy, and Developments)
For more information visit http://www.researchandmarkets.com/research/ghj4jr/engineering
Research and Markets
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Sector: Plastic Packaging, Engineering Plastics