Research and Markets: India Engineering Plastics Market Forecast and Opportunities, 2020 – ABS, Polycarbonate, SAN, Polyamide, PBT
September 17, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/xrnk29/india_engineering) has announced the addition of the “India Engineering Plastics Market Forecast and Opportunities, 2020” report to their offering.
India engineering plastics market is projected to exhibit a CAGR of over 13% during 2015 – 2020
Major players operating in India engineering plastics market include Styrolution ABS, SRF, Bhansali Engineering Polymers, DuPont, and Ester, among others.
Growth in the market is anticipated on account of increasing application in various industries, wherein engineering plastics are fast emerging as substitutes to traditional engineering materials like wood and metal, owing to their superior physical and mechanical properties. In 2014, Acrylonitrile-Butadiene Styrene (ABS) was the most dominant segment in the country’s engineering plastics market, followed by polycarbonate, styrene-acrylonitrile copolymer (SAN), polyamide and Polybutylene terephthalate (PBT).
Engineering plastics are thermoplastics used for application in areas that require high performance materials offering high resistance to heat and chemical exposure, superior tensile strength and fire retardancy. Automotive and electrical & electronics industries are the major consumers of engineering plastics in India, on account of their suitability for manufacturing a variety of auto parts, and lighting and electrical equipment like switchgears, sockets, enclosures, etc. Increasing disposable income, changing consumer lifestyle, and rapid urbanization and industrialization are driving automotive manufacturing in India, thereby propelling the demand for engineering plastics in the country. Moreover, adoption of lightweight technology in various industries is further fueling growth in India engineering plastics market, as the use of engineering plastics results in weight reduction as well as performance enhancement, along with fostering environmental sustainability.
India Engineering Plastics Market Forecast & Opportunities, 2020 elaborates the following aspects of engineering plastics market in India:
- Lightweight Technology
- Recycling of Material
- Bio-based Plastics- Upcoming trend
- Metal Detectable Engineering Plastics
- Energy Saving Lightings
Key Topics Covered:
1. Research Methodology
2. Analyst View
3. Product Overview
4. Global Engineering Plastics Market Overview
5. India Engineering Plastics Market Outlook
6. India ABS Market Outlook
7. India Polycarbonate Market Outlook
8. India SAN Market Outlook
9. India Polyamide Market Outlook
10. India PBT Market Outlook
11. Market Dynamics
12. Market Trends & Developments
13. Import-Export Analysis
14. Policy & Regulatory Landscape
15. India Economic Profile
16. Competitive Landscape
– BASF India Limited
– Bhansali Engineering Polymers Limited
– DSM Infocom Pvt. Ltd.
– E.I.DuPont India Private Limited
– Ensinger India Engineering Plastics Private Ltd.
– Ester Industries Ltd.
– Gujarat Fluorochemicals Limited
– LG Polymers India Pvt Ltd.
– SRF Limited
– Styrolution ABS (INDIA) Limited
For more information visit http://www.researchandmarkets.com/research/xrnk29/india_engineering
View source version on businesswire.com: http://www.businesswire.com/news/home/20150917006076/en/
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Sector: Engineering Plastics
