“The Global  Engineering Plastics Market growing at a significant CAGR over next seven years 2019-2025 due to expansion in the automotive industry”

The global engineering plastics market accounted for US$ XX Mn in 2018 and burgeoning over the forthcoming years. Some of the key factors fostering the market growth include the growth of small and medium enterprises in emerging economies, growth in end-use industries, rising ... Read more

Engineering plastics are synthetic materials that exhibit superior strength, durability and toughness compared to commodity plastics. Engineering plastics are primarily used in high strength applications like automotive components, electrical & electronics and construction. The excellent balance of properties like impact resistance, flame retardancy and dimensional stability meets the stringent demands of these industries.

The global Engineering Plastics Market ... Read more

Engineering plastics are extensively utilized in industries such as automotive, electronics, construction, and others due to their exceptional mechanical and physical properties including resistance to corrosion and chemicals, high heat tolerance, excellent strength and durability. Some common types of engineering plastics include acrylonitrile butadiene styrene (ABS), polycarbonate (PC), polyamides (PA), and polyacetals (POM). Owing to their superior functional characteristics ... Read more

The expansion of the automotive industry is a significant driver for the engineering plastics market. These synthetic materials offer superior engineering and technological properties compared to traditional plastics and metals. Key attributes include corrosion resistance, fatigue resistance, favorable strength-to-weight ratio, dimensional stability under heat, and precision molding capability. Engineering plastics find applications in various sectors such as automotive components, ... Read more