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Report
Engineering Plastics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-05-29 I 142 Pages I IMARC Group
The global engineering plastics market size reached US$ 113.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 180.2 Billion by 2028, exhibiting a growth rate (CAGR) of 7.31% during 2023-2028.
Engineering plastics are generally used to manufacture mechanical parts, containers and packaging substances. They are extensively utilized as a preferred alternative to metal and ceramics due to their lightweight property. Additionally, they provide excellent load capacity, mechanical strength, thermal stability and durability while offering designing flexibility. Some of the commonly used engineering plastics variants include polyamides (PA), polycarbonates (PC), nylon 6, acrylonitrile butadiene styrene (ABS) and polysulphone (PSU). They are widely utilized in the manufacturing of car bumpers, dashboard trims, ski boots, helmets and optical discs across multiple sectors.
Engineering Plastics Market Trends:
The global market is primarily driven by the rising preference for lightweight automobiles among the masses. Along with this, the widespread adoption of engineering plastic in the production of several vehicle components is providing an impetus to the market growth across the globe. Moreover, increasing investments by private and public agencies in infrastructural development projects have led to the rising utilization of polyvinyl chloride (PVC) pipes for water supply systems, which is providing a boost to the uptake of engineering plastics. These plastics are also extensively used across the healthcare industry for packaging medical equipment and manufacturing medical implants, which is catalyzing the market growth across the globe. Furthermore, the rising usage of engineering plastics for manufacturing consumer electronics is acting as another major growth-inducing factor on the global level. Some of the other factors contributing to the market growth include continual product innovations and extensive research and development (R&D) activities conducted by key players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global engineering plastics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, performance parameter and application.
Breakup by Type:
Polyamide
ABS
Thermoplastic Polyesters
Polycarbonates
Polyacetals
Fluoropolymers
Others
Breakup by Performance Parameter:
High Performance
Low Performance
Breakup by Application:
Packaging
Building and Construction
Electrical and Electronics
Automotive
Consumer Products
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, AdvanSix, Arkema S.A., Avient Corporation, BASF SE, Celanese Corporation, Daicel Corporation, DuPont de Nemours Inc., Eastman Chemical Company, Ineos Limited, LANXESS Aktiengesellschaft and Solvay S.A.
Key Questions Answered in This Report
1. What was the size of the global engineering plastics market in 2022?
2. What is the expected growth rate of the global engineering plastics market during 2023-2028?
3. What are the key factors driving the global engineering plastics market?
4. What has been the impact of COVID-19 on the global engineering plastics market?
5. What is the breakup of the global engineering plastics market based on the type?
6. What is the breakup of the global engineering plastics market based on the application?
7. What are the key regions in the global engineering plastics market?
8. Who are the key players/companies in the global engineering plastics market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Engineering Plastics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Polyamide
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 ABS
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Thermoplastic Polyesters
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Polycarbonates
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Polyacetals
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Fluoropolymers
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Performance Parameter
7.1 High Performance
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Low Performance
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Packaging
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Building and Construction
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Electrical and Electronics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Automotive
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Consumer Products
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 3M Company
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 AdvanSix
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Arkema S.A.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Avient Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 BASF SE
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Celanese Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Daicel Corporation
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 DuPont de Nemours Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Eastman Chemical Company
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Ineos Limited
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 LANXESS Aktiengesellschaft
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Solvay S.A.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
Figure 1: Global: Engineering Plastics Market: Major Drivers and Challenges
Figure 2: Global: Engineering Plastics Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Engineering Plastics Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Engineering Plastics Market: Breakup by Type (in %), 2022
Figure 5: Global: Engineering Plastics Market: Breakup by Performance Parameter (in %), 2022
Figure 6: Global: Engineering Plastics Market: Breakup by Application (in %), 2022
Figure 7: Global: Engineering Plastics Market: Breakup by Region (in %), 2022
Figure 8: Global: Engineering Plastics (Polyamide) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Engineering Plastics (Polyamide) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Engineering Plastics (ABS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Engineering Plastics (ABS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Engineering Plastics (Thermoplastic Polyesters) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Engineering Plastics (Thermoplastic Polyesters) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Engineering Plastics (Polycarbonates) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Engineering Plastics (Polycarbonates) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Engineering Plastics (Polyacetals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Engineering Plastics (Polyacetals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Engineering Plastics (Fluoropolymers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Engineering Plastics (Fluoropolymers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Engineering Plastics (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Engineering Plastics (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Engineering Plastics (High Performance) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Engineering Plastics (High Performance) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Engineering Plastics (Low Performance) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Engineering Plastics (Low Performance) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Engineering Plastics (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Engineering Plastics (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Engineering Plastics (Building and Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Engineering Plastics (Building and Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Engineering Plastics (Electrical and Electronics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Engineering Plastics (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Engineering Plastics (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Engineering Plastics (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Engineering Plastics (Consumer Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Engineering Plastics (Consumer Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Engineering Plastics (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Engineering Plastics (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: North America: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: North America: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: United States: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: United States: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Canada: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Canada: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Asia-Pacific: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Asia-Pacific: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: China: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: China: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Japan: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Japan: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: India: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: India: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: South Korea: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: South Korea: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Australia: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Australia: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Indonesia: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Indonesia: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Others: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Others: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Europe: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Europe: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Germany: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Germany: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: France: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: France: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: United Kingdom: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: United Kingdom: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Italy: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Italy: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Spain: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Spain: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Russia: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Russia: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Latin America: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Latin America: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Brazil: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Brazil: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Mexico: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Mexico: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Others: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Others: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Middle East and Africa: Engineering Plastics Market: Sales Value (in Million US$), 2017 & 2022
Figure 85: Middle East and Africa: Engineering Plastics Market: Breakup by Country (in %), 2022
Figure 86: Middle East and Africa: Engineering Plastics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Global: Engineering Plastics Industry: SWOT Analysis
Figure 88: Global: Engineering Plastics Industry: Value Chain Analysis
Figure 89: Global: Engineering Plastics Industry: Porter's Five Forces Analysis
Table 1: Global: Engineering Plastics Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Engineering Plastics Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Engineering Plastics Market Forecast: Breakup by Performance Parameter (in Million US$), 2023-2028
Table 4: Global: Engineering Plastics Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: Engineering Plastics Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Engineering Plastics Market: Competitive Structure
Table 7: Global: Engineering Plastics Market: Key Players
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