Key insights from the Global Engineering Plastics Market- • The Global Engineering Plastics market is valued at $85 billion in 2020 • Polyamides (PA) are the dominant type of Engineering Plastics • Automotive is the dominant application segment • Asia Pacific is the largest market for Engineering Plastics
The $85 billion Engineering Plastics industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Engineering Plastics market from 2020 to 2028.The Engineering Plastics market research report presents detailed Engineering Plastics market analysis, and forecasts to 2028. Detailed insights into global and regional Engineering Plastics market statistics, Engineering Plastics companies and growth prospects across verticals are included.
Engineering Plastics Market Overview and Developments in 2020 The report presents a snapshot of recent market trends in the Engineering Plastics industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, porter’s five forces analysis, and other analysis are included in the research.
Impact of COVID-19 on Global Engineering Plastics market revenue The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Engineering Plastics manufacturers and vendors. However, we expect the negative impact of COVID-19 on Engineering Plastics to be compensated over the medium to long term future.
Engineering Plastics Market Size and Outlook by type to 2028 This chapter presents an insight into different Engineering Plastics types and their contribution to global market growth. The growth in global Engineering Plastics market size is forecast to continue despite the economic challenges. The report forecasts the Engineering Plastics market revenue across different types, which include- Polyamides (PA), Acrylonitrile butadiene styrene (ABS), Fluoropolymers, Polycarbonates (PC), others. Of these, Polyamides dominate the global Engineering Plastics market.
Engineering Plastics Market Share and Outlook by End-User Industry to 2028 The research suggests that there is a strong case for the development of new applications of Engineering Plastics worldwide. Different application segments analyzed in the report are Consumer Appliances, Semiconductors and Electronics, Automotive, Chemical Processing, Others. The study identifies that automotive application has the most substantial value-creation potential.
Global Engineering Plastics Company Profiles The report presents business profiles of major companies operating in the industry including Bayer AG, Dow Chemical Company, DuPont, BASF SE, Royal DSM NV.
The business overview, SWOT profile and product information are provided for all the companies. The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.
Sources and Methodology The data and analysis presented in this report are sourced from a wide range of sources such as associations, manufacturers, suppliers, distributors, consumer companies, and government sources.
Scope of the research • Global and regional Engineering Plastics Market Size estimates in revenue terms from 2019 to 2028 • Segmentation analysis across types, applications, and geographies • Strategic analysis through trends, drivers, challenges, opportunities, porter’s five forces analysis • Market Developments including M&A, new product development, and competitive analysis • Potential strategies of leading companies
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142 pages •
By Global Industry Analysts
• Sep 2020
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