The market size for engineering plastics was estimated at 14,259 kilotons in 2014. In terms of value, Asia-Pacific was the largest market of engineering plastics, accounting for more than 40% of the global market and is projected to register a CAGR of 8.9% between 2015 and 2020. Europe accounted for the second-largest share of the global engineering plastics market in 2014.
The demand for engineering plastics is expected to increase with the growing automotive & transportation industry. Consumer appliances application accounted for the largest market share in 2014 whereas the automotive & transportation application is projected to register highest growth over the next five years.
The regional segments include Asia-Pacific, Europe, North America, and Rest of the World.
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Engineering plastics by type included in the report are:
• Polycarbonates (PC)
• Acrylonitrile Butadiene Styrene (ABS)
• Polyamides (PA)
• Thermoplastic Polyesters (PET and PBT)
• Polyacetals (POM)
Engineering plastics applications included in the report are:
• Automotive & Transportation
• Electrical & Electronics
• Industrial & Machinery
• Consumer Appliances
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