Market Research Logo

Engineering Plastics Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

Engineering Plastics Market: Global Industry Analysis and Opportunity Assessment, 2016-2026

Among all products in the plastic industry, Engineering Plastics are projected to be the fastest growing segment over the forecast period (2016–2026). In terms of value, the global Engineering Plastics market is estimated to be valued at US$ 66.2 Bn by the end of 2016 and is expected to reach US$ 132.8 Bn by the end of 2026, registering a CAGR of 7.2% during the forecast period. Global consumption of engineering plastics is estimated to register a CAGR of 5.7% by volume over the forecast period (2016-2026).

The global engineering plastics market can be segmented on the basis of Product Type (Polyamides (PA), Polycarbonates (PC), Polyoxymethylene (POM), Polybutylene terephthalate (PBT), Acrylonitrile butadiene styrene (ABS) and Styrene Acrylonitrile (SAN), High Performance Polymers, Fluoropolymers, Polymethyl methacrylate (PMMA), Others (includes UHMWPE/UHMW, TPI alloys and blends, etc.)) and Application (Automotive and transportation, Electrical and electronics, Construction, Medical, Industrial and machinery, Packaging, Others (includes furniture and fixtures, sports goods, leisure products, etc.)). High performance plastics is projected to be the fastest growing segment of Engineering Plastics over the forecast period, due to the rising demand for and growth of automotive and transportation, electrical and electronics, and medical industries in various regions across the globe.

In the product type segment, the ABS+SAN market is anticipated to account for 28.6% market share of the overall engineering plastics sales revenue by the end of 2016. The High Performance Engineering Plastics segment is likely to register a CAGR of 10.6% in terms of value and 9.6% in terms of volume during the forecast period, owing to its increasing application in the medical industry. In the application category, the Electrical and Electronics segment is expected to hold a higher value share of the overall global engineering plastics market by the end of 2016, followed by the Automotive and Transportation and the Construction segments.

Key market drivers and trends

A growing use of engineering plastics by end user industries, especially automotive, transportation, and medical industries is expected to drive global demand for the same over the forecast period. Rapid urbanisation, infrastructure development, and increased income levels across various end-user segments are other factors likely to boost the growth of the global engineering plastics market. However, high costs of engineering plastics, increasing use of alternative substitutes, and fluctuations in the cost of raw materials are likely to hamper the growth of the global engineering plastics market over the forecast period.

Market projections by region

The APEJ market is estimated to be valued at US$ 27.1 Bn by the end of 2016 and is anticipated to reach US$ 61.7 Bn by the end of 2026, registering a CAGR of 8.6% over the forecast period. The APEJ market is likely to emerge as the most attractive market in the global engineering plastics market by the end of 2026, accounting for nearly 40.98% market share. This can be attributed to the growth of end-use industries such as automotive and transportation, electrical and electronics, medical, and construction in key APEJ countries such as China, India, Indonesia, Thailand, and Malaysia.The market in North America is estimated to reach a value of US$ 11.2 Bn towards the end of 2016 and is likely to increase to US$ 22.8 Bn by the end of 2026, registering a CAGR of 7.3% over the forecast period.

global engineering plastics market_Image for preview analysis

Companies dominating the global engineering plastics market

Arkema Group, Asahi Kasei Corporation, BASF SE, Celanese Corporation, Covestro, DSM N.V, DuPont, Lanxess, LG Chem, Mitsubishi Engineering-Plastics Corporation, Saudi Basic Industries Corporation (SABIC), Solvay SA, Teijin Limited, Toray Industries, and Victrex PLC are some of the top companies operating in the global engineering plastics market.


1. Executive Summary
2. Market Introduction
2.1 Market Definition
2.2 Market Taxonomy
2.3 Commodity Plastics Market Overview
3. Engineering Plastics—Key Market Insights
3.1 Market Volume Analysis--Production, Imports, Exports and Consumption Outlook
3.2 Pricing Analysis
3.2.1 Price Projection Per region
3.3 Market Size (US$ Bn) and Volume(Thousand Tons) Forecast
3.3.1 Market Size By Products (2016 and 2026)
3.3.2 Market Size By Application (2016 and 2026)
3.3.3 Market Size By Automotive and Transportation Sub-application (2016 and 2026)
3.3.4 Market Size By Electrical and Electronics Sub-application (2016 and 2026)
3.3.5 Market Size By Construction Sub-application (2016 and 2026)
3.3.6 Market Size By Medical Sub-application (2016 and 2026)
4. Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Trends
4.5 Industry Value Chain Analysis—Raw material suppliers, Resin suppliers, Compounders, Molders, Distributers/Retailers, OEMs
4.6 List and Role of Key Participants
4.7 Forecast Factors-Relevance and Impact
5. Global Engineering Plastics Market analysis and forecast, By Product Type
5.1 Introduction
5.1.1 Basis Point Share (BPS) Analysis By Product Type
5.1.2 Y-o-Y Growth Projections By Product Type
5.2 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Product Type
5.2.1 Polyamide (PA)
5.2.2 Polycarbonate (PC)
5.2.3 Polyacetal (POM)
5.2.4 Polyester (PBT)
5.2.5 Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN)
5.2.6 High Performance Polymers
5.2.7 Fluoropolymers
5.2.8 Poly(methyl methacrylate) (PMMA)
5.2.9 Others
6. Global Engineering Plastics Market analysis and forecast, By Applications
6.1 Introduction
6.1.1 Basis Point Share (BPS) Analysis By Applications
6.1.2 Y-o-Y Growth Projections By Applications
6.2 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Application
6.2.1 Automotive and transportation
6.2.1.1 Interiors and safety
6.2.1.2 Exterior and structural
6.2.1.3 Engine and mechanical
6.2.1.4 Others (includes fuel systems, electrical and electronic components)
6.2.2 Electrical and electronics
6.2.2.1 Consumer appliances
6.2.2.2 Electronic products
6.2.2.3 Others (includes electronic components)
6.2.3 Construction
6.2.3.1 Glazing and skylightning
6.2.3.2 Pipe and fittings
6.2.3.3 Others (includes wall outlets, building bricks)
6.2.4 Medical
6.2.4.1 Diagnostic and Drug Delivery Systems
6.2.4.2 Medical Devices
6.2.4.3 Others (Includes Surgical Instruments, Orthopedic Implant and Orthopedic)
6.2.5 Industrial and Machinery
6.2.6 Packaging
6.2.7 Others
6.3 Market Attractiveness Analysis By Application
6.4 Market Attractiveness Analysis By Sub Application
7. Global Engineering Plastics Market analysis and Forecast, By Region
7.1 Introduction
7.1.1 Basis Point Share (BPS) Analysis By Region
7.1.2 Y-o-Y Growth Projections By Region
7.2 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Region
7.2.1 North America
7.2.2 Latin America
7.2.3 Western Europe
7.2.4 Eastern Europe
7.2.5 Asia Pacific Excl. Japan (APEJ)
7.2.6 Japan
7.2.7 Middle East and Africa (MEA)
7.3 Market Attractiveness Analysis By Region
8. North America Engineering Plastics Market Analysis and Forecast
8.1 Introduction
8.1.1 Basis Point Share (BPS) Analysis By Country
8.1.2 Y-o-Y Growth Projections By Country
8.2 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Country
8.2.1 U.S.
8.2.2 Canada
8.3 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Product Type
8.3.1 Polyamide (PA)
8.3.2 Polycarbonate (PC)
8.3.3 Polyacetal (POM)
8.3.4 Polyester (PBT)
8.3.5 Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN)
8.3.6 High Performance Polymers
8.3.7 Fluoropolymers
8.3.8 Poly(methyl methacrylate) (PMMA)
8.3.9 Others
8.4 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Application
8.4.1 Automotive and Transportation
8.4.1.1 Interiors and Safety
8.4.1.2 Exterior and Structural
8.4.1.3 Engine and Mechanical
8.4.1.4 Others (Includes Fuel Systems, Electrical and Electronic Components)
8.4.2 Electrical and Electronics
8.4.2.1 Consumer Appliances
8.4.2.2 Electronic Products
8.4.2.3 Others (Includes Electronic Components)
8.4.3 Construction
8.4.3.1 Glazing and Skylightning
8.4.3.2 Pipe and Fittings
8.4.3.3 Others (Includes Wall Outlets, Building Bricks)
8.4.4 Medical
8.4.4.1 Diagnostics and Drug Delivery Systems
8.4.4.2 Medical Devices
8.4.4.3 Others (Includes Surgical Instruments, Orthopedic Implant and Orthopedic)
8.4.5 Industrial and Machinery
8.4.6 Packaging
8.4.7 Others
8.5 Market Attractiveness Analysis
8.5.1 By Country and Product Type
8.5.2 By Application
8.5.3 By Sub-Application
8.6 Drivers and Restraints: Impact Analysis
9. Latin America Engineering Plastics Market Analysis and Forecast
9.1 Introduction
9.1.1 Basis Point Share (BPS) Analysis By Country
9.1.2 Y-o-Y Growth Projections By Country
9.2 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Country
9.2.1 Mexico
9.2.2 Brazil
9.2.3 Rest of Latin America
9.3 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Product Type
9.3.1 Polyamide (PA)
9.3.2 Polycarbonate (PC)
9.3.3 Polyacetal (POM)
9.3.4 Polyester (PBT)
9.3.5 Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN)
9.3.6 High Performance Polymers
9.3.7 Fluoropolymers
9.3.8 Poly(methyl methacrylate) (PMMA)
9.3.9 Others
9.4 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Application
9.4.1 Automotive and Transportation
9.4.1.1 Interiors and Safety
9.4.1.2 Exterior and Structural
9.4.1.3 Engine and Mechanical
9.4.1.4 Others (Includes Fuel Systems, Electrical and Electronic Components)
9.4.2 Electrical and Electronics
9.4.2.1 Consumer Appliances
9.4.2.2 Electronic Products
9.4.2.3 Others (Includes Electronic Components)
9.4.3 Construction
9.4.3.1 Glazing and Skylightning
9.4.3.2 Pipe and Fittings
9.4.3.3 Others (Includes Wall Outlets, Building Bricks)
9.4.4 Medical
9.4.4.1 Diagnostics and Drug Delivery Systems
9.4.4.2 Medical Devices
9.4.4.3 Others (Includes Surgical Instruments, Orthopedic Implant and Orthopedic)
9.4.5 Industrial and Machinery
9.4.6 Packaging
9.4.7 Others
9.5 Market Attractiveness Analysis
9.5.1 By Country and Product Type
9.5.2 By Application
9.5.3 By Sub-Application
9.6 Drivers and Restraints: Impact Analysis
10. Western Europe Engineering Plastics Market Analysis and Forecast
10.1 Introduction
10.1.1 Basis Point Share (BPS) Analysis By Country
10.1.2 Y-o-Y Growth Projections By Country
10.2 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Country
10.2.1 Germany
10.2.2 France
10.2.3 U.K
10.2.4 Spain
10.2.5 Italy
10.2.6 Nordic
10.2.7 BENELUX
10.2.8 Rest of Western Europe
10.3 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Product Type
10.3.1 Polyamide (PA)
10.3.2 Polycarbonate (PC)
10.3.3 Polyacetal (POM)
10.3.4 Polyester (PBT)
10.3.5 Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN)
10.3.6 High Performance Polymers
10.3.7 Fluoropolymers
10.3.8 Poly(methyl methacrylate) (PMMA)
10.3.9 Others
10.4 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Application
10.4.1 Automotive and Transportation
10.4.1.1 Interiors and Safety
10.4.1.2 Exterior and Structural
10.4.1.3 Engine and Mechanical
10.4.1.4 Others (Includes Fuel Systems, Electrical and Electronic Components)
10.4.2 Electrical and Electronics
10.4.2.1 Consumer Appliances
10.4.2.2 Electronic Products
10.4.2.3 Others (Includes Electronic Components)
10.4.3 Construction
10.4.3.1 Glazing and Skylightning
10.4.3.2 Pipe and Fittings
10.4.3.3 Others (Includes Wall Outlets, Building Bricks)
10.4.4 Medical
10.4.4.1 Diagnostics and Drug Delivery Systems
10.4.4.2 Medical Devices
10.4.4.3 Others (Includes Surgical Instruments, Orthopedic Implant and Orthopedic)
10.4.5 Industrial and Machinery
10.4.6 Packaging
10.4.7 Others
10.5 Market Attractiveness Analysis
10.5.1 By Country and Product Type
10.5.2 By Application
10.5.3 By Sub-Application
10.6 Drivers and Restraints: Impact Analysis
11. Eastern Europe Engineering Plastics Market Analysis and Forecast
11.1 Introduction
11.1.1 Basis Point Share (BPS) Analysis By Country
11.1.2 Y-o-Y Growth Projections By Country
11.2 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Country
11.2.1 Russia
11.2.2 Poland
11.2.3 Rest of Eastern Europe
11.3 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Product Type
11.3.1 Polyamide (PA)
11.3.2 Polycarbonate (PC)
11.3.3 Polyacetal (POM)
11.3.4 Polyester (PBT)
11.3.5 Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN)
11.3.6 High Performance Polymers
11.3.7 Fluoropolymers
11.3.8 Poly(methyl methacrylate) (PMMA)
11.3.9 Others
11.4 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Application
11.4.1 Automotive and Transportation
11.4.1.1 Interiors and Safety
11.4.1.2 Exterior and Structural
11.4.1.3 Engine and Mechanical
11.4.1.4 Others (Includes Fuel Systems, Electrical and Electronic Components)
11.4.2 Electrical and Electronics
11.4.2.1 Consumer Appliances
11.4.2.2 Electronic Products
11.4.2.3 Others (Includes Electronic Components)
11.4.3 Construction
11.4.3.1 Glazing and Skylightning
11.4.3.2 Pipe and Fittings
11.4.3.3 Others (Includes Wall Outlets, Building Bricks)
11.4.4 Medical
11.4.4.1 Diagnostic systems
11.4.4.2 Drug delivery systems
11.4.4.3 Medical Devices
11.4.5 Industrial and Machinery
11.4.6 Packaging
11.4.7 Others
11.5 Market Attractiveness Analysis
11.5.1 By Country and Product Type
11.5.2 By Application
11.5.3 By Sub-Application
11.6 Drivers and Restraints: Impact Analysis
12. Asia Pacific Excl. Japan (APEJ) Engineering Plastics Market Analysis and Forecast
12.1 Introduction
12.1.1 Basis Point Share (BPS) Analysis By Country
12.1.2 Y-o-Y Growth Projections By Country
12.2 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Country
12.2.1 China
12.2.2 India
12.2.3 ASEAN
12.2.4 ANZ
12.2.5 Rest of APEJ
12.3 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Product Type
12.3.1 Polyamide (PA)
12.3.2 Polycarbonate (PC)
12.3.3 Polyacetal (POM)
12.3.4 Polyester (PBT)
12.3.5 Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN)
12.3.6 High Performance Polymers
12.3.7 Fluoropolymers
12.3.8 Poly(methyl methacrylate) (PMMA)
12.3.9 Others
12.4 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Application
12.4.1 Automotive and Transportation
12.4.1.1 Interiors and Safety
12.4.1.2 Exterior and Structural
12.4.1.3 Engine and Mechanical
12.4.1.4 Others (Includes Fuel Systems, Electrical and Electronic Components)
12.4.2 Electrical and Electronics
12.4.2.1 Consumer Appliances
12.4.2.2 Electronic Products
12.4.2.3 Others (Includes Electronic Components)
12.4.3 Construction
12.4.3.1 Glazing and Skylightning
12.4.3.2 Pipe and Fittings
12.4.3.3 Others (Includes Wall Outlets, Building Bricks)
12.4.4 Medical
12.4.4.1 Diagnostics and Drug Delivery Systems
12.4.4.2 Medical Devices
12.4.4.3 Others (Includes Surgical Instruments, Orthopedic Implant and Orthopedic)
12.4.5 Industrial and Machinery
12.4.6 Packaging
12.4.7 Others
12.5 Market Attractiveness Analysis
12.5.1 By Country and Product Type
12.5.2 By Application
12.5.3 By Sub-Application
12.6 Drivers and Restraints: Impact Analysis
13. Japan Engineering Plastics Market Analysis and Forecast
13.1 Introduction
13.1.1 Basis Point Share (BPS) Analysis
13.1.2 Y-o-Y Growth Projections
13.2 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Product Type
13.2.1 Polyamide (PA)
13.2.2 Polycarbonate (PC)
13.2.3 Polyacetal (POM)
13.2.4 Polyester (PBT)
13.2.5 Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN)
13.2.6 High Performance Polymers
13.2.7 Fluoropolymers
13.2.8 Poly(methyl methacrylate) (PMMA)
13.2.9 Others
13.3 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Application
13.3.1 Automotive and Transportation
13.3.1.1 Interiors and Safety
13.3.1.2 Exterior and Structural
13.3.1.3 Engine and Mechanical
13.3.1.4 Others (Includes Fuel Systems, Electrical and Electronic Components)
13.3.2 Electrical and Electronics
13.3.2.1 Consumer Appliances
13.3.2.2 Electronic Products
13.3.2.3 Others (Includes Electronic Components)
13.3.3 Construction
13.3.3.1 Glazing and Skylightning
13.3.3.2 Pipe and Fittings
13.3.3.3 Others (Includes Wall Outlets, Building Bricks)
13.3.4 Medical
13.3.4.1 Diagnostics and Drug Delivery Systems
13.3.4.2 Medical Devices
13.3.4.3 Others (includes surgical instruments, orthopedic implant and orthopedic)
13.3.5 Industrial and Machinery
13.3.6 Packaging
13.3.7 Others
13.4 Market Attractiveness Analysis
13.4.1 By Country and Product Type
13.4.2 By Application
13.4.3 By Sub-Application
13.5 Drivers and Restraints: Impact Analysis
14. Middle East and Africa (MEA) Engineering Plastics Market Analysis and Forecast
14.1 Introduction
14.1.1 Basis Point Share (BPS) Analysis By Country
14.1.2 Y-o-Y Growth Projections By Country
14.2 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Country
14.2.1 GCC
14.2.2 North Africa
14.2.3 South Africa
14.2.4 Rest of MEA
14.3 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Product Type
14.3.1 Polyamide (PA)
14.3.2 Polycarbonate (PC)
14.3.3 Polyacetal (POM)
14.3.4 Polyester (PBT)
14.3.5 Acrylonitrile Butadiene Styrene (ABS) and Styrene Acrylonitrile (SAN)
14.3.6 High Performance Polymers
14.3.7 Fluoropolymers
14.3.8 Poly(methyl methacrylate) (PMMA)
14.3.9 Others
14.4 Market Size (US$ Bn) and Volume (Thousand Tons) Forecast By Application
14.4.1 Automotive and Transportation
14.4.1.1 Interiors and Safety
14.4.1.2 Exterior and Structural
14.4.1.3 Engine and Mechanical
14.4.1.4 Others (Includes Fuel Systems, Electrical and Electronic Components)
14.4.2 Electrical and Electronics
14.4.2.1 Consumer Appliances
14.4.2.2 Electronic Products
14.4.2.3 Others (Includes Electronic Components)
14.4.3 Construction
14.4.3.1 Glazing and Skylightning
14.4.3.2 Pipe and Fittings
14.4.3.3 Others (Includes Wall Outlets, Building Bricks)
14.4.4 Medical
14.4.4.1 Diagnostics and Drug Delivery Systems
14.4.4.2 Medical Devices
14.4.4.3 Others (Includes Surgical Instruments, Orthopedic Implant and Orthopedic)
14.4.5 Industrial and Machinery
14.4.6 Packaging
14.4.7 Others
14.5 Market Attractiveness Analysis
14.5.1 By Country and Product Type
14.5.2 By Application
14.5.3 By Sub-Application
14.6 Drivers and Restraints: Impact Analysis
15. Competition Landscape
16. Company Profile
16.1 Arkema Group
16.2 Asahi Kasei Corporation
16.3 BASF SE
16.4 Celanese Corporation
16.5 Covestro
16.6 DSM N.V.
16.7 DuPont
16.8 Lanxess
16.9 LG Chem
16.10 Mitsubishi Engineering-Plastics Corporation
16.11 Saudi Basic Industries Corporation (SABIC)
16.12 Solvay SA
16.13 Teijin
16.14 Toray
16.15 Victrex PLC
17. Assumption and Acronyms
18. Research Methodology

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report