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Global Engineering Plastic Compounds Market was Valued at $190 Billion in 2017; Expected to Reach $301.5 Billion by 2023 - ResearchAndMarkets.com

October 3, 2018

DUBLIN--(BUSINESS WIRE)--Oct 3, 2018--The “Global Engineering Plastic Compounds Market - by Type, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global engineering plastic compounds market was 190 billion USD in 2017 and will reach 301.5 billion USD by 2023 with a CAGR of 8% during the period.

Increase in production of automotive components and electronic devices is the major factor for the growth of the market. Increase in the production of lightweight vehicles and rise in awareness regarding electric cars are further boosting the demand for engineering plastic compounds. On the other hand, lengthy and exhaustive process for manufacturing of engineering plastics is restraining the market growth.

Asia-Pacific will dominate the market due to increasing demand for engineering plastic compounds by various industries like electrical & electronics and automotive & transportation. North America and Europe will grow at a moderate pace during the forecast period.

Industry Trends & Updates

Asahi Kasei and Bluestar planned joint venture for mPPE business in China. Chemtura announced merger agreement with Lanxess. This merger is aimed at the expansion of its product portfolio.

Companies Profiled

BASF SE Asahi Kasei Celanese Covestro RTP Company AKRO Plastic Daicel Polymer Kawasaki Sanko Kasei Teknor Apex Trinseo Ginar Technology Polyplastics Wittenburg Group Piper Plastics Eurostar Engineering Plastics and more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Engineering Plastic Compounds Market Segmentation, Forecasts and Trends - by Type

6. Global Engineering Plastic Compounds Market Segmentation, Forecasts and Trends - by Industry

7. Global Engineering Plastic Compounds Market Segmentation, Forecasts and Trends - by Region

8. Company Market Share Analysis

9. Company Profiles

10. Industry Structure

11. Global Engineering Plastic Compounds Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/ssx3sj/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181003005580/en/

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Related Topics:Engineering Plastics

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS ENGINEERING AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/03/2018 10:41 AM/DISC: 10/03/2018 10:41 AM

http://www.businesswire.com/news/home/20181003005580/en

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