Engineering Plastic Compounds Market Registering a CAGR of 5.75% During the Forecast Period 2021-2025

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• Adoption of Engineering Plastic Compounds Grows
  Strong Across Industries, Market Poised for over
  5.7 Growth Through 2025
• Predominantly driven by easier manufacturability,
  and cost efficiency, engineering plastic
  compounds continue to witness adoption across a
  spectrum of commercial application areas.
  Soaring preference over conventional counterparts
  like glass, metals, ceramics, and wood is
  expected to account for growth of engineering
  plastic compounds market according to a recent
  report released by Fairfield Market Research. The
  study provides detailed market forecast, and
  competition analysis of global engineering
  plastic compounds landscape between 2021 and
  2025. While the market size is projected to reach
  US26.9 Bn toward the end of forecast period, it
  is estimated to see 5.7 growth. Among all
  popular engineering plastic compounds,
  polycarbonates are expected to maintain dominance
  through 2025 at an estimated CAGR of 6.2.
  Polyamides are likely to follow, attributing to
  rising boom around electric vehicles (EVs).
• For more information about this report _at_
  https//www.fairfieldmarketresearch.com/report/eng
  ineering-plastic-compounds-market
• Key Consumer Industries Increasing Prefer
  Engineering Plastic Compounds
• Growing application in medical devices industry,
  and food packaging sector will further uplift
  growth prospects of market, clearly attributing
  to superior impact resistance, and higher
  thermal and chemical resistance of engineering
  plastic compounds. Moreover, mechanical strength
  of engineering plastic compounds will continue to
  make it desirable over other traditional
  materials and commodity plastics, thereby pushing
  market performance. Sales are likely to heighten
  as adoption soars within key consumer industries
  like building and construction, automotive,
  consumer products, and electrical and
  electronics. Increasing demand for abrasion- and
  corrosion-resistant lines for a variety of
  industrial applications is also expected to
  uphold market potential of engineering plastic
  compounds.
• Table Of Contents
• Executive Summary
• Global Engineering Plastic Compounds Market
  Snapshot
• Future Projections
• Key Market Trends
• Analyst Recommendations
• Market Overview
• Market Definitions and Segmentations
• Market Dynamics
• Drivers
• Restraints

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• 2.2.3. Key Trends
• Supply Chain Analysis
• Economic Overview
• Factorization Analysis
• Political Factors
• Economic Factors
• Social Factors
• Technical Factors
• Porters Five Forces Analysis
• Covid-19 Impact Analysis
• Effects on Plastic Industry
• Heat Map, by Industry
• Regulatory Analysis
• Complete TOC
• EV Market Expansion to Benefit Engineering
  Plastic Compounds Market
• Demand for engineering plastic compounds is all
  set to experience a boom with the swelling
  market for EVs. With ballooning market potential
  of lightweight, fuel-efficient, sustainable
  vehicles, automakers will most likely record
  higher uptake of engineering plastic compounds
  as a means to achieve the desired vehicle
  attributes. Sales will further build up as
  engineering plastic compounds also account for
  superior endurance, and cost efficiency of
  concerned automotive components. These compounds
  also allow a lot of design freedom when compared
  to other conventionally used material
  counterparts in automotive industry. This
  remains another strong factor that will continue
  to account for accelerated consumption of
  engineering plastic compounds.
• Key Market Players Global Engineering Plastic
  Compounds Market
• Covestro AG, and BASF SE continue to be at the
  forefront in engineering plastic compounds
  market. In addition, the report covers some other
  prominent companies under its competition
  analysis section. Some of the profiled players
  include SABIC, Asahi Kasei Advance Corporation,
  Buss AG, Celanese Corporation, Lanxess AG,
  Idemitsu Kosan Company Ltd., RTP, Piper
  Plastics, Wittenburg Group, Triseo LLC,
  Formulated Polymers, Daicel Polymer, and
  Eurostar Engineering Plastics. As capacity
  expansion becomes a priority for many, Asia
  Pacific is likely to emerge lucrative for their
  new plant establishments.

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