Engineering Plastics Still on the Rise: Ceresana Publishes the Worldwide First Complete Market Analysis

Ceresana expects global market value of engineering plastics to increase to approximately 90 billion US dollars in 2020.

Konstanz, Germany, September 26, 2013 --(PR.com)-- For several years now engineering plastics have been generating higher growth rates than standard plastics. Given their physical and chemical properties, many industrial, electrical, and electronic parts as well as everyday products are made from engineering plastics by now. Faced with an increasing demand for ever more efficient and lighter materials, this trend will continue to gather momentum. The market research institute Ceresana expects global market value of engineering plastics to increase to approximately 90 billion US dollars in 2020.

Detailed Market Analysis and Structured Presentation
Ceresana has comprehensively analyzed the market for engineering plastics as a whole as well as in regard to individual products (ABS, PC, PA, PMMA, POM, PBT, SAN, fluoropolymers). The study offers data on demand, revenues, production, and trade for the entire market as well as on demand for and revenues generated with individual products. For the first time, this report covers all relevant data and facts regarding the market. With the processed information, producers, processors, and traders as well as all other market participants obtain the basis for their strategic and operational planning.

Regional and Product-specific Differences
"On a global level, electrical and electronic applications as well as consumer goods are among the most important sales market for many engineering plastics. Almost 25% of global demand originates in each of these two sectors," explains Oliver Kutsch, CEO of Ceresana. Third largest market is the transportation sector, followed by construction. On a regional level, however, notable differences become apparent. In Western Europe, for example, transportation is the largest sales market - Asia-Pacific, on the other hand, mainly utilizes engineering plastics in the production of consumer goods such as coffee machines, dishwashers, washing machines, toys, and sports utensils, processing almost 30% of regional demand in this sector. Also, individual products show distinct differences in regard to application areas. While transportation accounts for 35% of polyamide (PA) consumption, household and consumer goods are the major application area for acrylonitrile butadiene styrene (ABS).

The Study in Brief:

Chapter 1 offers a depiction and analysis of the global market for the eight engineering plastics ABS, PC, PA, PMMA, POM, PBT, SAN, and fluoropolymers, including forecasts up to 2020: demand and revenues are given for each world region.

Chapter 2 examines the 19 largest countries of the market for engineering plastics in more detail: Belgium, France, Germany, Italy, the Netherlands, Spain, the United Kingdom, Poland, Russia, Turkey, Canada, Mexico, the USA, Brazil, China, India, Japan, South Korean, and Taiwan. Data on demand, revenues, production, production capacity, import, and export is provided for each country. Demand is analyzed in detail split by both applications areas and products.

Chapter 3 analyzes the most common application areas for engineering plastics, such as Transportation, Electrical and Electronics, Construction, Appliances, and other applications in detail. Data is split by the sales markets Western Europe, Eastern Europe, North America, South America, and the Middle East / Africa as well as the major countries.

Chapter 4 offers an overview over demand for and revenues generated with individual engineering plastics, e.g. ABS, PC, PA, PMMA, POM, PBT, SAN, and fluoropolymers. Demand is clearly displayed according to individual countries, all world regions, and respective application areas.

Chapter 5 provides profiles of the largest manufacturers of engineering plastics, clearly arranged according to contact details, turnover, profit, product range, production sites, capacities, profile summary, and products. Extensive profiles are provided for 59 manufacturers, such as: BASF SE, Bayer AG, Celanese Corporation, Chi Mei Corporation, DuPont (E.I.) De Nemours, Evonik Industries AG, Formosa Plastics Group (FPG), LG Chem Ltd., Mitsubishi Chemical Holdings Corporation, Saudi Basic Industries Corp. (SABIC), Styrolution Group GmbH, Styron LLC, Yingkou Kanghui Petrochemical Co., Ltd.,

About Ceresana:

Ceresana is a leading international market research and consultancy company for the industrial sector and operates branch offices in Constance, Vienna and Hong Kong. For more than 10 years, it has been supplying several thousand customers from 55 countries with up-to-date market intelligence. Extensive market knowledge creates new prospects for strategic and operational decisions.

Ceresana's clients profit from practical consulting services, tailor-made single client studies and more than 40 independent multi-client market studies.

The Ceresana business analysts are specialists in the markets chemicals, plastics, additives, commodities, industrial components, packaging, and construction materials.
Contact
Ceresana Research
Sandra Schulze
+49 7531 94293 0
www.ceresana.com/en
Technologiezentrum, Blarerstr. 56, 78462 Konstanz, Germany
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