Global Engineering plastic Market is Anticipated to Grow at a CAGR of 7.1% During the Forecast Period (2016-2024)

New York, USA, 2018-Sep-13 — /EPR Network/ —According to Goldstein Research, rising usage of engineering plastics as a replacement for metals in various industries, augmented by industrial growth worldwide, and rapid technological advancements in engineering technology that allow these plastics to enter new applications are the key factors driving growth in the engineering plastics market. Growth and development in the automotive sector, the largest application segment of these plastics, will also drive demand as automakers increasingly use these plastics instead of metal parts to reduce the weight of vehicles and increase fuel efficiency. Global engineering plastic market Outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe.

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Market Segmentation

On the basis of our in-depth analysis, global engineering plastic market can be segmented as follows:

By Product Type

  • Acrylontirle Butadiene Styrene (ABS)
  • Polycarbonates (PC)
  • Polybutylene Terephthalate (PBT)
  • Polyamides (PA)
  • Polyoxymethylene (POM)
  • Others

By End User

  • Medical Devices
  • Automotive Industry
  • Building and Construction
  • Consumer Electronics
  • Packaging Industry
  • Industrial Products
  • Others (Robotics)

Based on Geography

  • North America (U.S. & Canada) engineering plastic Market {Market Share (%), Market Size(USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) engineering plastic Market {Market Share (%), Market Size(USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) engineering plastic Market {Market Share (%), Market Size(USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) engineering plastic Market {Market Share (%), Market Size(USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) engineering plastic Market {Market Share (%), Market Size(USD Billion)}

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“Global Engineering Plastic Market Outlook 2024” embodies comprehensive overview of the global engineering plastic market. On the basis of our painstaking study, market can be segmented in terms of market segmentation by product type and by end users.

Further, for the detailed analysis, Global Engineering Plastic Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such BASF SE, Du Pont De Nemours and Co, Mitsubishi Engineering Plastics, Covestro, LG Chem, Laxness AG, Styrolution ABSetc. The major company profiles contain business strategy, major information, regional revenue distribution of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global engineering plastic market trends along with market forecast that will help industry consultants, technology providers, existing companies probing for enlargement opportunities, new players searching potentials and other investors to align their market centric strategies according to the ongoing and expected trends in the future.

Key questions answered in this global engineering plastic market report

  • What is the global engineering plastic market Size by 2024 and what would be the expected growth rate of the industry?
  • What is the overall revenue per segment and geography in 2015-16 and what would be the projected revenue per segment and region over the forecast period?
  • What are the engineering plastic market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to engineering plastic industry growth?
  • What are the industry opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on chemical industry research reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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