Engineering Plastics Market Global Trends, Industry Analysis, Size, Share, Growth Factors and Forecast 2029
Engineering Plastics Market- Global Industry Analysis and Forecast (2024-2030)
The Engineering Plastics Market size was valued at US$ 114.24 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 7.2% from 2024 to 2030, reaching nearly US$ 185.86 Bn.
Engineering Plastics Market Overview:
The Engineering Plastics Market study offers a complete view of the competition, including market share and company profiles for the world's largest competitors. The research scope includes a thorough examination of the Engineering Plastics Market , as well as the factors influencing the industry's growth across a variety of sectors.
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Market Scope:
Market size is validated and estimated by segment using both top-down and bottom-up methodologies. The market estimates in the study are based on the sale price (excluding any discounts offered by the manufacturer, distributor, wholesaler, or trader). Weights based on usage rate and average sale price are assigned to each location to provide percentage splits, market shares, and segment breakdowns. The entire market and its sub-segments are divided by country based on the percentage adoption or usage of the given market size in the relevant area or nation.
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Segmentation:
by Type
Acrylonitrile Butadiene Styrene (ABS)
Polyamide (PA)
Polycarbonate (PC)
Thermoplastic polyesters (PET/PBT)
Polyacetals (POM)
Fluoropolymers
PEEK
Polyphenylene Sulfide
Polyphenylene Oxide
PMMA
Others
by End-Use Industry
Automotive & transportation
Electrical & electronics
Industrial & machinery
Packaging
Consumer appliances
Medical
Others
Key Players:
Primary and secondary research are utilized to identify market leaders, and they are also used to assess market revenue. The core study included in-depth interviews with major thought leaders and industry professionals such as experienced front-line workers, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry professionals, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of the primary research, while the leading manufacturers' annual and financial reports were reviewed in the secondary research. Secondary data is utilized to calculate percentage splits, market share, growth rates, and global market breakdowns, which are then cross-checked against primary data.
The biggest players in the Engineering Plastics Market are as follows:
1. Asahi Kasei Corporation
2. BASF SE
3. Celanese Corporation
4. Covestro
5. DSM N.V.
6. Dupont
7. Lanxess
8. LG Chem.
9. Mitsubishi Engineering-Plastics Corporation
10.Saudi Basic Industries Corporation (Sabic)
11.Solvay SA
12.Teijin
13.Toray
14.Victrex Plc.
15.Ashland
16.Arkema
17.A. Schulman, Inc.
18.AdvanSix
19.Chi Mei Corporation
Regional Analysis:
Individual market influencing components, as well as changes in market laws that affect present and future market trends, are described in the Engineering Plastics Market regional overview. Current and future trends are investigated in order to assess the entire market potential and identify profitable patterns in order to gain a stronger foothold. The geographical market appraisal is based on the existing situation and expected trends.
Key questions addressed in the Engineering Plastics Market Report include:
- In 2023, which segment dominated the Engineering Plastics Market ?
- What is the competitive landscape of the Engineering Plastics Market ?
- What are the primary factors impacting Engineering Plastics Market growth?
- Which region controls the majority of the Engineering Plastics Market ?
- What is the projected CAGR for the Engineering Plastics Market from 2023 to 2029?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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