MRO Magazine

Research and Markets: Global Engineering Plastics Market Worth USD 91.78 Billion by 2020 – Analysis, Trends, Technologies & Forecasts 2015-2020


December 15, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/3mvrsx/global) has announced the addition of the “Global Engineering Plastics market – Segmented by Product type, Application and Geography – Trends and Forecasts (2015-2020)” report to their offering.

Engineering plastics are used in an increasing number of markets – from Packaging, Building & Construction, Electrical & electronics, Automotive & transportation, Furniture & bedding, Sports & leisure and a number of other segments. At present Electrical & electronics and consumer goods are the major markets. Automotive & transportation and construction are the two promising application areas for engineering plastics.

The major trend driving the engineering plastics market is the growing demand of these in developing countries like India, China and Brazil. In 2012 production of engineering plastics amounted to 218.88 million tonnes. Global engineering plastics market is currently valued at $57.2 billion in 2014 and is expected to reach $91.78 billion by 2020 showing a compound annual growth rate of 8.2%.

Asia-Pacific currently dominates the market for engineering plastics followed by North America and Europe. The developing regions of South America and Asia Pacific are expected to increase its market share in the future owing to the growing purchasing power in the developing countries.

Companies Mentioned:

  • Arkema SA
  • Asahi Kasei Corporation
  • BASF SE
  • 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

Report Structure:

1. Introduction

2. Executive Summary

3. Market Overview

4. Market Segmentation

5. Regional Market Analysis

6. Policies and Regulations

7. Competitor Analysis

8. Company Profiles

9. Appendix

For more information visit http://www.researchandmarkets.com/research/3mvrsx/global

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Engineering Plastics