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Global Engineering Plastics Market Research Report- Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2035)

Published Feb 12, 2026
Length 234 Pages
SKU # LOOK20879233

Description

Definition and Scope:

Engineering plastics are a class of high-performance polymer materials that exhibit superior mechanical, thermal, and chemical properties compared to conventional commodity plastics. They are designed for demanding applications where high strength, toughness, dimensional stability, and resistance to heat, wear, and chemicals are essential. Unlike standard plastics, engineering plastics can often replace metals or ceramics in structural components, offering benefits such as reduced weight, improved corrosion resistance, and enhanced design flexibility. These materials are widely used in industries ranging from automotive and electronics to industrial machinery and consumer goods, contributing to efficiency, durability, and innovation in product design.

the global engineering plastics market is estimated to reach approximately USD 142 billion in 2024, with a projected compound annual growth rate (CAGR) of around 4.0% from 2024 to 2033. This growth is driven by several factors, including the automotive industry’s shift toward electrification and lightweighting, which increases the demand for high-performance plastics as metal substitutes; the development of 5G and high-end electronic devices, which boosts demand for heat-resistant and high-dielectric materials; the consumer goods and packaging sector’s need for durable and aesthetically appealing materials; and global policies promoting circular economy and sustainable materials. At the same time, advances in bio-based engineering plastics and chemical recycling technologies are expanding supply channels, mitigating raw material price volatility, and addressing environmental concerns.

The market development trends can be summarized as follows. Firstly, automotive lightweighting and electrification continue to drive deeper adoption of engineering plastics in structural components, power systems, and electrical parts, with high-strength PA and PBT increasingly used in high-voltage connectors and battery housings. Secondly, the electronics and electrical sector’s demand for high-frequency and high-speed applications is accelerating, boosting the penetration of high-performance polymers such as PEEK and liquid crystal polymers (LCP), alongside rapid growth in heat-resistant, low-dielectric materials driven by 5G infrastructure deployment. Thirdly, stricter global sustainability regulations are prompting investment in recyclable, low-carbon, and bio-based engineering plastics, for instance, castor-oil-based bio-PA or closed-loop recycled PC. Additionally, the commercialization of chemical recycling enables waste plastics to re-enter high-end applications without quality degradation, reducing dependence on virgin fossil-based feedstocks. Finally, industrialization and rising middle-class consumption in emerging markets, particularly in the Asia-Pacific region, are releasing significant demand in automotive, home appliances, and construction, further reinforcing long-term market expansion.

This report offers a comprehensive analysis of the global Engineering Plastics market, examining all key dimensions. It provides both a macro-level overview and micro-level market details, including market size, trends, competitive landscape, niche segments, growth drivers, and key challenges.

Report Framework and Key Highlights:

Market Dynamics: Identification of major market drivers, restraints, opportunities, and challenges.

Trend Analysis: Examination of ongoing and emerging trends impacting the market.

Competitive Landscape: Detailed profiles and market positioning of major players, including market share, operational status, product offerings, and strategic developments.

Strategic Analysis Tools: SWOT Analysis, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis

Market Segmentation: By type, application, region, and end-user industry.

Forecasting and Growth Projections: In-depth revenue forecasts and CAGR analysis through 2033.

This report equips readers with critical insights to navigate competitive dynamics and develop effective strategies. Whether assessing a new market entry or refining existing strategies, the report serves as a valuable tool for:

Industry players

Investors

Researchers

Consultants

Business strategists

And all stakeholders with an interest or investment in the Engineering Plastics market.

Global Engineering Plastics Market: Segmentation Analysis and Strategic Insights

This section of the report provides an in-depth segmentation analysis of the global Engineering Plastics market. The market is segmented based on region (country), manufacturer, product type, and application. Segmentation enables a more precise understanding of market dynamics and facilitates targeted strategies across product development, marketing, and sales.

By breaking the market into meaningful subsets, stakeholders can better tailor their offerings to the specific needs of each segment—enhancing competitiveness and improving return on investment.

Global Engineering Plastics Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Companies Profiled

BASF SE

Covestro AG

SABIC

DuPont de Nemours, Inc.

Mitsubishi Engineering-Plastics Corporation

Toray

DIC Corporation

Victrex

Solvay

Evonik

Celanese

Kureha

SK Chemical

Tosoh

Sumitomo Chemical

LG Chem

Lanxess

Asahi Kasei

DSM

Envalior

Ascend

Radici Group

Shenma

Hua Yang

Market Segmentation by Type

Polyethylene (PE)

Polypropylene (PP)

Polycarbonate (PC)

Acrylonitrile Butadiene Styrene (ABS)

Polyamide (PA)

Polyether Ether Ketone (PEEK)

Polytetrafluoroethylene (PTFE)

Polyethylene Terephthalate (PET)

Others

Market Segmentation by Application

Automotive Industry

Machinery Equipment

Electrical and Electronics

Others

Geographic Segmentation

North America: United States, Canada, Mexico

Europe: Germany, France, Italy, U.K., Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium, Russia.

Asia-Pacific: China, Japan, South Korea, India, Australia, Indonesia, Malaysia, Philippines, Singapore, Thailand

South America: Brazil, Argentina, Colombia.

Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates, Egypt, Nigeria, South Africa, Rest of MEA

Report Framework and Chapter Summary

Chapter 1: Report Scope and Market Definition

This chapter outlines the statistical boundaries and scope of the report. It defines the segmentation standards used throughout the study, including criteria for dividing the market by region, product type, application, and other relevant dimensions. It establishes the foundational definitions and classifications that guide the rest of the analysis.

Chapter 2: Executive Summary

This chapter presents a concise summary of the market’s current status and future outlook across different segments—by geography, product type, and application. It includes key metrics such as market size, growth trends, and development potential for each segment. The chapter offers a high-level overview of the Engineering Plastics Market, highlighting its evolution over the short, medium, and long term.

Chapter 3: Market Dynamics and Policy Environment

This chapter explores the latest developments in the market, identifying key growth drivers, restraints, challenges, and risks faced by industry participants. It also includes an analysis of the policy and regulatory landscape affecting the market, providing insight into how external factors may shape future performance.

Chapter 4: Competitive Landscape

This chapter provides a detailed assessment of the market's competitive environment. It covers market share, production capacity, output, pricing trends, and strategic developments such as mergers, acquisitions, and expansion plans of leading players. This analysis offers a comprehensive view of the positioning and performance of top competitors.

Chapters 5–10: Regional Market Analysis

These chapters offer in-depth, quantitative evaluations of market size and growth potential across major regions and countries. Each chapter assesses regional consumption patterns, market dynamics, development prospects, and available capacity. The analysis helps readers understand geographical differences and opportunities in global markets.

Chapter 11: Market Segmentation by Product Type

This chapter examines the market based on product type, analyzing the size, growth trends, and potential of each segment. It helps stakeholders identify underexplored or high-potential product categories—often referred to as “blue ocean” opportunities.

Chapter 12: Market Segmentation by Application

This chapter analyzes the market based on application fields, providing insights into the scale and future development of each application segment. It supports readers in identifying high-growth areas across downstream markets.

Chapter 13: Company Profiles

This chapter presents comprehensive profiles of leading companies operating in the market. For each company, it details sales revenue, volume, pricing, gross profit margin, market share, product offerings, and recent strategic developments. This section offers valuable insight into corporate performance and strategy.

Chapter 14: Industry Chain and Value Chain Analysis

This chapter explores the full industry chain, from upstream raw material suppliers to downstream application sectors. It includes a value chain analysis that highlights the interconnections and dependencies across various parts of the ecosystem.

Chapter 15: Key Findings and Conclusions

The final chapter summarizes the main takeaways from the report, presenting the core conclusions, strategic recommendations, and implications for stakeholders. It encapsulates the insights drawn from all previous chapters.

Table of Contents

234 Pages
1 Introduction to Research & Analysis Reports
1.1 Engineering Plastics Market Definition
1.2 Engineering Plastics Market Segments
1.2.1 Segment by Type
1.2.2 Segment by Application
2 Executive Summary
2.1 Global Engineering Plastics Market Size
2.2 Market Segmentation – by Type
2.3 Market Segmentation – by Application
2.4 Market Segmentation – by Geography
3 Key Market Trends, Opportunity, Drivers and Restraints
3.1 Key Takeway
3.2 Market Opportunities & Trends
3.3 Market Drivers
3.4 Market Restraints
3.5 Market Major Factor Assessment
4 Global Engineering Plastics Market Competitive Landscape
4.1 Global Engineering Plastics Sales by Manufacturers (2020-2025)
4.2 Global Engineering Plastics Revenue Market Share by Manufacturers (2020-2025)
4.3 Engineering Plastics Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.4 New Entrant and Capacity Expansion Plans
4.5 Mergers & Acquisitions
5 Global Engineering Plastics Market by Region
5.1 Global Engineering Plastics Market Size by Region
5.1.1 Global Engineering Plastics Market Size by Region
5.1.2 Global Engineering Plastics Market Size Market Share by Region
5.2 Global Engineering Plastics Sales by Region
5.2.1 Global Engineering Plastics Sales by Region
5.2.2 Global Engineering Plastics Sales Market Share by Region
6 North America Market Overview
6.1 North America Engineering Plastics Market Size by Country
6.1.1 USA Market Overview
6.1.2 Canada Market Overview
6.1.3 Mexico Market Overview
6.2 North America Engineering Plastics Market Size by Type
6.3 North America Engineering Plastics Market Size by Application
6.4 Top Players in North America Engineering Plastics Market
7 Europe Market Overview
7.1 Europe Engineering Plastics Market Size by Country
7.1.1 Germany Market Overview
7.1.2 France Market Overview
7.1.3 U.K. Market Overview
7.1.4 Italy Market Overview
7.1.5 Spain Market Overview
7.1.6 Sweden Market Overview
7.1.7 Denmark Market Overview
7.1.8 Netherlands Market Overview
7.1.9 Switzerland Market Overview
7.1.10 Belgium Market Overview
7.1.11 Russia Market Overview
7.2 Europe Engineering Plastics Market Size by Type
7.3 Europe Engineering Plastics Market Size by Application
7.4 Top Players in Europe Engineering Plastics Market
8 Asia-Pacific Market Overview
8.1 Asia-Pacific Engineering Plastics Market Size by Country
8.1.1 China Market Overview
8.1.2 Japan Market Overview
8.1.3 South Korea Market Overview
8.1.4 India Market Overview
8.1.5 Australia Market Overview
8.1.6 Indonesia Market Overview
8.1.7 Malaysia Market Overview
8.1.8 Philippines Market Overview
8.1.9 Singapore Market Overview
8.1.10 Thailand Market Overview
8.1.11 Rest of APAC Market Overview
8.2 Asia-Pacific Engineering Plastics Market Size by Type
8.3 Asia-Pacific Engineering Plastics Market Size by Application
8.4 Top Players in Asia-Pacific Engineering Plastics Market
9 South America Market Overview
9.1 South America Engineering Plastics Market Size by Country
9.1.1 Brazil Market Overview
9.1.2 Argentina Market Overview
9.1.3 Columbia Market Overview
9.2 South America Engineering Plastics Market Size by Type
9.3 South America Engineering Plastics Market Size by Application
9.4 Top Players in South America Engineering Plastics Market
10 Middle East and Africa Market Overview
10.1 Middle East and Africa Engineering Plastics Market Size by Country
10.1.1 Saudi Arabia Market Overview
10.1.2 UAE Market Overview
10.1.3 Egypt Market Overview
10.1.4 Nigeria Market Overview
10.1.5 South Africa Market Overview
10.2 Middle East and Africa Engineering Plastics Market Size by Type
10.3 Middle East and Africa Engineering Plastics Market Size by Application
10.4 Top Players in Middle East and Africa Engineering Plastics Market
11 Engineering Plastics Market Segmentation by Type
11.1 Evaluation Matrix of Segment Market Development Potential (Type)
11.2 Global Engineering Plastics Sales Market Share by Type (2020-2035)
11.3 Global Engineering Plastics Market Size Market Share by Type (2020-2035)
11.4 Global Engineering Plastics Price by Type (2020-2035)
12 Engineering Plastics Market Segmentation by Application
12.1 Evaluation Matrix of Segment Market Development Potential (Application)
12.2 Global Engineering Plastics Market Sales by Application (2020-2035)
12.3 Global Engineering Plastics Market Size (M USD) by Application (2020-2035)
12.4 Global Engineering Plastics Sales Growth Rate by Application (2020-2035)
13 Company Profiles
13.1 BASF SE
13.1.1 BASF SE Company Overview
13.1.2 BASF SE Business Overview
13.1.3 BASF SE Engineering Plastics Major Product Offerings
13.1.4 BASF SE Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.1.5 Key News
13.2 Covestro AG
13.2.1 Covestro AG Company Overview
13.2.2 Covestro AG Business Overview
13.2.3 Covestro AG Engineering Plastics Major Product Offerings
13.2.4 Covestro AG Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.2.5 Key News
13.3 SABIC
13.3.1 SABIC Company Overview
13.3.2 SABIC Business Overview
13.3.3 SABIC Engineering Plastics Major Product Offerings
13.3.4 SABIC Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.3.5 Key News
13.4 DuPont de Nemours, Inc.
13.4.1 DuPont de Nemours, Inc. Company Overview
13.4.2 DuPont de Nemours, Inc. Business Overview
13.4.3 DuPont de Nemours, Inc. Engineering Plastics Major Product Offerings
13.4.4 DuPont de Nemours, Inc. Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.4.5 Key News
13.5 Mitsubishi Engineering-Plastics Corporation
13.5.1 Mitsubishi Engineering-Plastics Corporation Company Overview
13.5.2 Mitsubishi Engineering-Plastics Corporation Business Overview
13.5.3 Mitsubishi Engineering-Plastics Corporation Engineering Plastics Major Product Offerings
13.5.4 Mitsubishi Engineering-Plastics Corporation Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.5.5 Key News
13.6 Toray
13.6.1 Toray Company Overview
13.6.2 Toray Business Overview
13.6.3 Toray Engineering Plastics Major Product Offerings
13.6.4 Toray Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.6.5 Key News
13.7 DIC Corporation
13.7.1 DIC Corporation Company Overview
13.7.2 DIC Corporation Business Overview
13.7.3 DIC Corporation Engineering Plastics Major Product Offerings
13.7.4 DIC Corporation Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.7.5 Key News
13.8 Victrex
13.8.1 Victrex Company Overview
13.8.2 Victrex Business Overview
13.8.3 Victrex Engineering Plastics Major Product Offerings
13.8.4 Victrex Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.8.5 Key News
13.9 Solvay
13.9.1 Solvay Company Overview
13.9.2 Solvay Business Overview
13.9.3 Solvay Engineering Plastics Major Product Offerings
13.9.4 Solvay Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.9.5 Key News
13.10 Evonik
13.10.1 Evonik Company Overview
13.10.2 Evonik Business Overview
13.10.3 Evonik Engineering Plastics Major Product Offerings
13.10.4 Evonik Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.10.5 Key News
13.11 Celanese
13.11.1 Celanese Company Overview
13.11.2 Celanese Business Overview
13.11.3 Celanese Engineering Plastics Major Product Offerings
13.11.4 Celanese Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.11.5 Key News
13.12 Kureha
13.12.1 Kureha Company Overview
13.12.2 Kureha Business Overview
13.12.3 Kureha Engineering Plastics Major Product Offerings
13.12.4 Kureha Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.12.5 Key News
13.13 SK Chemical
13.13.1 SK Chemical Company Overview
13.13.2 SK Chemical Business Overview
13.13.3 SK Chemical Engineering Plastics Major Product Offerings
13.13.4 SK Chemical Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.13.5 Key News
13.14 Tosoh
13.14.1 Tosoh Company Overview
13.14.2 Tosoh Business Overview
13.14.3 Tosoh Engineering Plastics Major Product Offerings
13.14.4 Tosoh Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.14.5 Key News
13.15 Sumitomo Chemical
13.15.1 Sumitomo Chemical Company Overview
13.15.2 Sumitomo Chemical Business Overview
13.15.3 Sumitomo Chemical Engineering Plastics Major Product Offerings
13.15.4 Sumitomo Chemical Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.15.5 Key News
13.16 LG Chem
13.16.1 LG Chem Company Overview
13.16.2 LG Chem Business Overview
13.16.3 LG Chem Engineering Plastics Major Product Offerings
13.16.4 LG Chem Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.16.5 Key News
13.17 Lanxess
13.17.1 Lanxess Company Overview
13.17.2 Lanxess Business Overview
13.17.3 Lanxess Engineering Plastics Major Product Offerings
13.17.4 Lanxess Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.17.5 Key News
13.18 Asahi Kasei
13.18.1 Asahi Kasei Company Overview
13.18.2 Asahi Kasei Business Overview
13.18.3 Asahi Kasei Engineering Plastics Major Product Offerings
13.18.4 Asahi Kasei Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.18.5 Key News
13.19 DSM
13.19.1 DSM Company Overview
13.19.2 DSM Business Overview
13.19.3 DSM Engineering Plastics Major Product Offerings
13.19.4 DSM Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.19.5 Key News
13.20 Envalior
13.20.1 Envalior Company Overview
13.20.2 Envalior Business Overview
13.20.3 Envalior Engineering Plastics Major Product Offerings
13.20.4 Envalior Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.20.5 Key News
13.21 Ascend
13.21.1 Ascend Company Overview
13.21.2 Ascend Business Overview
13.21.3 Ascend Engineering Plastics Major Product Offerings
13.21.4 Ascend Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.21.5 Key News
13.22 Radici Group
13.22.1 Radici Group Company Overview
13.22.2 Radici Group Business Overview
13.22.3 Radici Group Engineering Plastics Major Product Offerings
13.22.4 Radici Group Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.22.5 Key News
13.23 Shenma
13.23.1 Shenma Company Overview
13.23.2 Shenma Business Overview
13.23.3 Shenma Engineering Plastics Major Product Offerings
13.23.4 Shenma Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.23.5 Key News
13.24 Hua Yang
13.24.1 Hua Yang Company Overview
13.24.2 Hua Yang Business Overview
13.24.3 Hua Yang Engineering Plastics Major Product Offerings
13.24.4 Hua Yang Engineering Plastics Sales and Revenue fromEngineering Plastics (2020-2025)
13.24.5 Key News
14 Key Market Trends, Opportunity, Drivers and Restraints
14.1 Key Takeway
14.2 Market Opportunities & Trends
14.3 Market Drivers
14.4 Market Restraints
14.5 Market Major Factor Assessment
14.6 Porter's Five Forces Analysis of Engineering Plastics Market
14.7 PEST Analysis of Engineering Plastics Market
15 Analysis of the Engineering Plastics Industry Chain
15.1 Overview of the Industry Chain
15.2 Upstream Segment Analysis
15.3 Midstream Segment Analysis
15.3.1 Manufacturing, Processing or Conversion Process Analysis
15.3.2 Key Technology Analysis
15.4 Downstream Segment Analysis
15.4.1 Downstream Customer List and Contact Details
15.4.2 Customer Concerns or Preference Analysis
16 Conclusion
17 Appendix
17.1 Methodology
17.2 Research Process and Data Source
17.3 Disclaimer
17.4 Note
17.5 Examples of Clients
17.6 Disclaimer
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