Engineering Plastics Market worth $79,026.6 Million by 2018

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MarketsandMarkets Presents
Engineering Plastics Market worth 79,026.6
Million by 2018
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gineering-plastics-market-687.html
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The report Engineering Plastics Market by Type
(Acrylonitrile butadiene styrene, Fluor polymer,
Polyamide, Polycarbonate, Polyoxymethylene,
Thermoplastic Polyesters, and Others),
Applications and Geography - Trends Forecasts
(2013- 2018) defines and segments the global
engineering plastics market with analysis and
forecasting of the global revenue and
consumption. It also identifies the driving and
restraining factors for the global engineering
plastics market with an analysis of trends,
opportunities, burning issues, and winning
imperatives. Browse gtgt 116
data tables 31 figures
265 slides and in-depth TOC on
Engineering Plastics Market http//www.marketsa
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market-687.html Early buyers will receive 10
customization of reports.
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The market is segmented, and consumption and
revenues are forecasted on the basis of major
regions such as North America, Western Europe,
Asia-Pacific, and Rest of the World (ROW). The
key countries are covered and forecasted for each
region. Further, the market is segmented and
revenues are forecasted on the basis of major
end-user industries such as automotive
transportation, consumer appliances, electrical
electronics, industrial machinery, packaging,
others (medical, construction, so
on). Engineering plastics exhibit high
dimensional stability, good heat chemical
resistance and high strength. Apart from this
each type of engineering plastic has its own
unique set of properties making them the material
of choice in several applications. Due to this
reason the application of engineering plastic is
extensive and is growing at a fast pace. One of
the major uses of engineering plastic is to
replace metals in various end-user industries.
One of the major end-user industries where
engineering plastics are used to replace metal is
automotive transportation.
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Due to increasingly stringent regulations for
reducing emission levels and increasing fuel
economy, OEMs (Original Equipment Manufacturers)
are replacing metals in vehicles with various
types of engineering plastics. Recent
developments have resulted in the development of
bio-based grades of different engineering
plastics. These factors are expected to lead the
growth in engineering plastics market. Consumer
Appliances major market for engineering
plastics Engineering Plastics are used in many
end-user industries such as automotive
transportation, consumer appliances, electrical
electronics, industrial machinery, packaging,
others (medical, construction, so on). Among
these the consumer appliances industry is a
dominant end-use industry. Different types of
engineering plastics are used for a variety of
applications that befit their their properties.
Use of engineering plastics by various end-user
industries helps in development of durable,
reliable and more efficient products than their
predecessors.
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Global engineering plastics market to reach
79.0 billion (79,026.6 million) by 2018 The
global market for engineering plastics in terms
of revenue was estimated to be worth 53.5
billion (53,580.7 million) in 2012 and is
expected to reach 79.0 billion (79,026.6
million) by 2018, growing at a CAGR of 8.0, in
terms of revenue, from 2013 to 2018. The
Asia-Pacific region dominated the global
engineering plastics market, accounting for 47.9
of the global engineering plastics market demand
in 2013. The APAC is expected to have the highest
market revenue in 2018 followed by the Western
European market. ROW a collection of individual
country markets is expected to be the fastest
growing marketing the future, with a CAGR of
10.0 from 2013 to 2018, owing to rising
consumption in this region where the end-user
markets of engineering plastics are growing
steadily. The Western European market is expected
to grow at a rate of 7.8, in revenue terms and
4.8 in consumption terms from 2013 to 2018.
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