Engineering plastics are specially produced plastic material with several end-uses due to their superior mechanical and thermal properties. PVC, polystyrene, polypropylene are some examples of commonly used engineering plastic. Market Research Future has found that the global engineering plastics market is expected to witness growth during the forecast period which ends in 2022. Engineering plastic is having properties such a high abrasion wear, fatigue resistance, high impact strength and several others.

Global Key Players and Competition Analysis
The key players of engineering plastic market are 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), and Mitsubishi Engineering-Plastics Corporation (Japan).

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Segmentation Analysis
The global engineering plastic market is segmented in MRFR's report based on product, application, and region. By product, the market is segmented into polyamide, acrylonitrile butadiene styrene (ABS), thermoplastics, polyesters, polycarbonates, and others. Among these, the ABS segment accounts for the largest share based on product due to the high demand for it. ABS is in high demand as it has properties such as chemical resistance, high temperature resistance, mechanical potency, and several others.

Regional Analysis
The Engineering Plastic Market can be geographically segmented into North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). Asia-Pacific is expected to dominate the global engineering plastic market due to highest demand in the region. Rapid industrialization, growing demand by industries such as chemicals, power generation, automobile, and packaging, has led to the growing demand for engineering plastic.

Market Scope
Engineering plastics are group of plastic material which has better mechanical and thermal properties. The group of plastic such as polystyrene, PVC, polypropylene and polyethylene are used as engineering plastic. These materials have special properties such as higher impact strength, high abrasion, wear and fatigue resistance. Engineering plastic are manufactured for special applications due to which they are expensive.

Browse the market data and information spread across 111 pages with 27 data tables and 15 figures of the report “Engineering Plastic Market Research Report - Global Forecast to 2022” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/engineering-plastic-market-2161

Industry News:
Solvay as launched new grades of Ryton PPS for extrusion applications in the automotive sector. The new grades are highly flexible and lightweight.

DuPont has launched new high temperature nylon and polybutylene terephthalate which are fire retardant, and high performance materials designed for automotive surface and electrical component applications.

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