Released on = April 21, 2007, 1:44 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = US demand to reach 5.4 billion pounds in 2010

US demand for engineering plastics is projected to grow 3.5 percent per year to 5.4
billion pounds in 2010, a marked improvement over the five year period from 2000 to
2005


Press Release Body = Engineering Plastics forecasts to 2010 & 2015

US demand to reach 5.4 billion pounds in 2010

US demand for engineering plastics is projected to grow 3.5 percent per year to 5.4
billion pounds in 2010, a marked improvement over the five year period from 2000 to
2005. The turnaround will be driven by a resurgent electrical and electronics market
and increased motor vehicle production, the two largest outlets for engineering
resins. Advances will also benefit from the continued drive to replace metal and
other materials with lightweight, cost-effective, high performance plastics.
However, gains for engineering plastics will be tempered by increasing market
maturity and competition with lower-cost resins such as polypropylene.

PC, specialty resins offer best growth prospects

Polycarbonate (PC) and polyesters will offer the best growth prospects among
higher-volume resins. PC demand will be fueled by solid gains in business machine,
medical product and construction applications; as well as the increasing use of PC
in blends with other plastics. Polyester resins will benefit from expanding
opportunities in motor vehicles and electronic components. The largest engineering
plastic by volume, ABS, is expected to grow at a much slower rate, however. ABS
demand will suffer from competition from polypropylene in lowend applications and
other engineering resins in more demanding markets. On the whole, demand for
smaller-volume specialty engineering resins will advance at a substantially faster
pace than their large-volume counterparts. Polyphenylene sulfide, polysulfones and
polyimides will lead gains, driven by increasing use in high-temperature
applications such as electrical connectors and under-the-hood motor vehicle parts.
Fluoropolymers will also see growing opportunities in wire and cable coatings and
industrial components.

Electrical and electronic markets to grow fastest and maintain dominance

Electrical and electronic products and motor vehicles were the dominant markets for
engineering plastics in 2005, combining to account for 60 percent of total demand.
Electrical and electronic markets will see the fastest growth, driven by increasing
shipments of business machines and other electronic equipment, although slower
advances in appliances and optical media will temper gains. Above-average growth for
engineering plastics is also expected in consumer markets, especially medical
products, and construction applications. While demand in motor vehicle markets will
advance more slowly, the use of engineering resins on a per-vehicle basis will grow
by nearly twelve pounds through 2010.

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