Report Description:
Engineering plastics market is expected to reach $102 billion by 2022 from 2015 market value of $67 billion, growing at a CAGR of 6.4% during the forecast period. Engineering plastics, a segment of the plastic industry, are used in applications that require high performance with respect to thermal stability, chemical stability, impact resistance, mechanical strength, and dimensional stability. The specific categorization of these materials is due to their utility in various applications that require higher performance than commodity materials and require engineering to design customized products. Engineering plastics are gradually replacing metal from construction and automotive industries due to their durability, designing flexibility, high strength-to-weight ratios, and low densities.
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Major factors that drive the market growth are the growth in trend of reducing vehicle weight and improvement in fuel efficiency coupled with metal replacement in the construction and electrical & electronics industries. In addition, the demand for engineering plastics market is supplemented by growth in end-user industries, as engineering plastics are primarily utilized through injection molding into required end product. However, fluctuating price of crude oil and regulatory challenges regarding CO2 emissions are expected to restrain the market growth.
Among all regions, Asia-Pacific generated the highest revenue, whereas LAMEA is projected to grow at a significant CAGR of 7.8%, due to several emerging economies with expanding end-user industries such as automotive, construction, and consumer products.
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MARKET DEFINITION AND SCOPE
The report analyzes the world engineering plastics market based on type, application, and geography. Based on type, it is segmented into polyamide (PA), acrylonitrile-butadiene-styrene (ABS), thermoplastics polyesters (PBT), polycarbonate (PC), polyacetals (POM), fluoropolymers (PVDF/PTFE), and others (PEEK/PMMA/PPS). Based on application, it is divided into packaging, building & construction, electrical & electronics, automotive, consumer products, and others. Geographically, it is studied across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, France, UK, Turkey, Russia, and others), Asia-Pacific (China, India, Japan, and Others), and LAMEA (Brazil, Argentina, and others). The report includes market size of these aforementioned engineering plastics segments.However, the market size is limited to abovementioned plastics only and excludes commodity plastics such as HDPE, LDPE, PVC, and PET.
TOP INVESTMENT POCKETS
Automotive was the highest revenue-generating segment in 2015, followed by electrical & electronics and consumer products. This segment is estimated to grow at a CAGR of 7.0%. However, packaging is expected to grow at the highest CAGR of 7.3%. Automotive generated maximum revenue owing to the usage of engineered polymer composites and plastics in a wide range of applications. Engineering plastics are the second most common class of automotive materials after ferrous metals and alloys. With increased emphasis on decreasing the weight of the car, improving fuel efficiency, and regulating emissions, engineering plastics are replacing several other materials.
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Table of Content:
Chapter: 1 INTRODUCTION
1.1 Report Description
1.2 Key Market Benefits:
1.3 Key Market Segments:
1.4 Research Methodology
1.4.1 Secondary Research
1.4.2 Primary Research
1.4.3 Analyst Tools and Models
Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO Perspective
Chapter: 3 MARKET OVERVIEW
3.1 Market Definition and Scope
3.2 Key Findings
3.2.1 Top Investment Pockets
3.2.2 Top Winning Strategies
3.3 Porters Five Forces Analysis
3.3.1 Bargaining Power of the Supplier
3.3.2 Bargaining Power of the Buyer
3.3.3 Threat of Substitutes
3.3.4 Threat of New Entrants
3.3.5 Competitive Rivalry
3.4 Market Dynamics
3.4.1 Drivers
3.4.1.1 Growing Trend of Reducing Vehicle Weight and Improving Fuel Efficiency
3.4.1.2 Metal Replacement in the Construction and Electrical & Electronic Industry
3.4.1.3 Growth in End-User Industry
3.4.2 Restraint
3.4.2.1 Fluctuating Price of Crude Oil
3.4.2.2 Regulatory Challenges Regarding CO2 Emissions
3.4.3 Opportunity
3.4.3.1 Spiraling Growth of the 3D Printing and Photovoltaic Industry
Chapter: 4 WORLD ENGINEERING PLASTICS MARKET, BY TYPE
4.1 Introduction
4.1.1 Market Size & Forecast
4.2 Polyamide
4.2.1 Key Market Trends
4.2.2 Key Growth Factors and Opportunities
4.2.3 Market Size & Forecast
4.3 ABS
4.3.1 Key Market Trends
4.3.2 Key Growth Factors and Opportunities
4.3.3 Market Size & Forecast
4.4 Thermoplastic Polyesters
4.4.1 Key Market Trends
4.4.2 Key Growth Factors and Opportunities
4.4.3 Market Size & Forecast
4.5 Polycarbonate
4.5.1 Key Market Trends
4.5.2 Key Growth Factors and Opportunities
4.5.3 Market Size & Forecast
4.6 Polyacetals
4.6.1 Key Market Trends
4.6.2 Key Growth Factors & Opportunities
4.6.3 Market Size & Forecast
4.7 Fluoropolymers
4.7.1 Key Market Trends
4.7.2 Key Growth Factors & Opportunities
4.7.3 Market Size & Forecast
4.8 Other engineering plastics
4.8.1 Key Market Trends
4.8.2 Key Growth Factors & Opportunities
4.8.3 Market Size & Forecast
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