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Engineering Plastic Market Research Report - Forecast to 2022 Industry Survey, Growth, Competitive Landscape and Forecasts to 2022 PREPARED BY Market Research.

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Presentation on theme: "Engineering Plastic Market Research Report - Forecast to 2022 Industry Survey, Growth, Competitive Landscape and Forecasts to 2022 PREPARED BY Market Research."— Presentation transcript:

1 Engineering Plastic Market Research Report - Forecast to 2022 Industry Survey, Growth, Competitive Landscape and Forecasts to 2022 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

2 www.marketresearchfuture.com2 Engineering Plastic Market Research Report- Forecast to 2022 The Global Engineering Plastics Market is expected to exhibit steady growth over the forecast period from 2017 to 2022, according to a new research report published by Market Research Future (MRFR). The Global Engineering Plastics Market is mainly driven by the growing demand from the construction industry, the automotive industry, and the consumer goods industry. Engineering Plastics are plastics produced to conform to higher performance metrics than other regular plastics. Engineering Plastics provide higher mechanical strength and impact resistance than conventional plastics, in addition to high thermal resistance and other application-specific characteristics. The ease of processing of Engineering Plastics is also significantly higher than conventional plastics. This has driven their demand in high-value engineering applications. The growth of the Global Automotive Industry is likely to remain a major driver for the Global Engineering Plastics Market over the forecast period. Due to the growing enforcement of legislation requiring lighter vehicles, the automotive industry has emerged as a major consumer of lighter construction materials that provide comparable performance figures to traditional automotive production materials. This has led to a growing demand from the automotive industry for a wide range of Engineering Plastics. Engineering Plastics are the perfect solution for producing automotive interiors, as they provide high heat and electrical resistance along with easy moldability and high impact resistance. This is likely to drive the Global Engineering Plastics Market over the forecast period. On the other hand, the high prices of Engineering Plastics and their lack of environmental viability are likely to count against the Global Engineering Plastics Market over the forecast period. Due to the complex manufacturing processes of Engineering Plastics, their production costs are higher than regular plastics. While this is not a concern in premium operations, the large majority of manufacturers prefer cheaper materials that suit their purposes just as well. This could emerge as a significant restraint on the Global Engineering Plastics Market over the forecast period. Engineering Plastic Market - Overview

3 www.marketresearchfuture.com3 Engineering Plastic Market Research Report- Forecast to 2022 The Global Engineering Plastics Market is segmented by Product, Application and Region. By Product, the Engineering Plastics Market is segmented into polyamide, acrylonitrile butadiene styrene (ABS), thermoplastics, polyesters, polycarbonates, and others. Acrylonitrile butadiene styrene is likely to remain the majority segment over the forecast period due to the high demand for ABS in multiple applications due to its high temperature resistance, chemical resistance, and impact strength. By Application, the Global Engineering Plastics Market is segmented into automotive, construction, electrical and electronics, consumer goods, and others. Automotive is likely to remain the leading application segment in the Global Engineering Plastics Market over the forecast period due to the growing emphasis in the automotive industry on the sustainability of the materials used in automotive production. View Full Press Release @ https://www.marketresearchfuture.com/reports/engineering-plastic-market-2161https://www.marketresearchfuture.com/reports/engineering-plastic-market-2161 Segmental Analysis

4 www.marketresearchfuture.com4 Engineering Plastic Market Research Report- Forecast to 2022 Regional Outlook Asia Pacific is expected to dominate the Global Engineering Plastics Market over the forecast period due to the growing demand for engineering plastics in end-use industries such as automotive, construction, electronics, and others. The automotive industry in Asia Pacific has grown rapidly over the last few years and has emerged as the global leader in production. This is likely to drive the demand from the Global Engineering Plastics Market over the forecast period. The increasing purchasing power of consumers in Asia Pacific has led to a growing demand from the electronics and automotive industries, leading to steady growth of the Global Engineering Plastics Market.

5 www.marketresearchfuture.com5 Engineering Plastic Market Research Report- Forecast to 2022 Major Players in this Research Engineering Plastic Market Prominent Players: BASF SE (Germany) Covestro (Germany) Solvay S. A. (Belgium) Celanese Corporation (U.S.) E. I. du Pont de Nemours and Company (U.S.) LG Chem Ltd. (South Korea) Saudi Basic Industries Corporation (Saudi Arabia) Evonik Industries AG (Germany) Lanxess AG (Germany) Mitsubishi Engineering-Plastics Corporation (Japan) Get Free Sample @ https://www.marketresearchfuture.com/sample_request/2161https://www.marketresearchfuture.com/sample_request/2161

6 www.marketresearchfuture.com6 ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.

7 www.marketresearchfuture.com7 MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK)


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