Research and Markets has announced the addition of the "Engineering Plastics Market: Global Industry Analysis and Opportunity Assessment, 2016-2026" report to their offering.

The global Engineering Plastics market is estimated to be valued at US$ 66.2 Bn by the end of 2016 and is expected to reach US$ 132.8 Bn by the end of 2026, registering a CAGR of 7.2% during the forecast period. Global consumption of engineering plastics is estimated to register a CAGR of 5.7% by volume over the forecast period (2016-2026).

The global engineering plastics market can be segmented on the basis of Product Type (Polyamides (PA), Polycarbonates (PC), Polyoxymethylene (POM), Polybutylene terephthalate (PBT), Acrylonitrile butadiene styrene (ABS) and Styrene Acrylonitrile (SAN), High Performance Polymers, Fluoropolymers, Polymethyl methacrylate (PMMA), Others (includes UHMWPE/UHMW, TPI alloys and blends, etc.)) and Application (Automotive and transportation, Electrical and electronics, Construction, Medical, Industrial and machinery, Packaging, Others (includes furniture and fixtures, sports goods, leisure products, etc.)).

High performance plastics is projected to be the fastest growing segment of Engineering Plastics over the forecast period, due to the rising demand for and growth of automotive and transportation, electrical and electronics, and medical industries in various regions across the globe.

The APEJ market is estimated to be valued at US$ 27.1 Bn by the end of 2016 and is anticipated to reach US$ 61.7 Bn by the end of 2026, registering a CAGR of 8.6% over the forecast period. The APEJ market is likely to emerge as the most attractive market in the global engineering plastics market by the end of 2026, accounting for nearly 40.98% market share. This can be attributed to the growth of end-use industries such as automotive and transportation, electrical and electronics, medical, and construction in key APEJ countries such as China, India, Indonesia, Thailand, and Malaysia.

The market in North America is estimated to reach a value of US$ 11.2 Bn towards the end of 2016 and is likely to increase to US$ 22.8 Bn by the end of 2026, registering a CAGR of 7.3% over the forecast period.

Companies dominating the global engineering plastics market

  • Arkema Group
  • Asahi Kasei Corporation
  • BASF SE
  • Celanese Corporation
  • Covestro
  • DSM N.V
  • DuPont
  • Lanxess
  • LG Chem
  • Mitsubishi Engineering-Plastics Corporation
  • Saudi Basic Industries Corporation (SABIC)
  • Solvay SA
  • Teijin Limited
  • Toray Industries
  • Victrex PLC

For more information about this report visit http://www.researchandmarkets.com/research/n8pgpd/engineering