The Worldwide Engineering Plastics Industry is Expected to Reach $187 Billion by 2027 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Engineering Plastics Market Research Report by Type (Fluoropolymers, Liquid Crystal Polymers (LCP), and Polyacetal/Polyoxymethylene), Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Engineering Plastics Market size was estimated at USD 105.32 billion in 2021, USD 115.74 billion in 2022, and is projected to grow at a CAGR 10.06% to reach USD 187.26 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Engineering Plastics Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Engineering Plastics Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Engineering Plastics Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Engineering Plastics Market?

4. What is the competitive strategic window for opportunities in the Global Engineering Plastics Market?

5. What are the technology trends and regulatory frameworks in the Global Engineering Plastics Market?

6. What is the market share of the leading vendors in the Global Engineering Plastics Market?

7. What modes and strategic moves are considered suitable for entering the Global Engineering Plastics Market?

Market Dynamics

Drivers

• Growing demand for lightweight and fuel-efficient vehicles globally
• Favorable government mandates for miniaturization of parts in vehicles
• Potential demand from end-use industries such as construction, medical, and electrical

Restraints

• Fluctuation in raw material prices

Opportunities

• Emerging trend and need for electric and hybrid vehicles
• Ongoing research and development to develop new products

Challenges

• Severe environmental concerns for production

Companies Mentioned

• A Schluman Inc
• AdvanSix Inc.
• Arkema
• Asahi Kasei Corporation
• BASF SE
• Celanese Corporation
• Covestro
• Daicel Corporation
• DowDuPont
• Eastman Chemical Company
• Evonik Industries
• Kubota Corporation
• Kureha Corporation
• Lanxess
• LG Chem
• Mitsubishi Engineering – Plastic Corporation
• Polyone
• Polyplastics Co., Ltd
• Rochling Group
• Royal DSM
• RTP Company
• Sabic
• Solvay SA
• SRF
• Teijin Limited
• Toray Industries

For more information about this report visit https://www.researchandmarkets.com/r/5ypdui

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