High-Performance Materials: Ceresana Analyzes the Global Market for Engineering Plastics

Konstanz, Germany, September 24, 2016 --(PR.com)-- The market research company Ceresana analyzed the world market for engineering plastics already for the second time: Almost 20.3 million tonnes of ABS, PC, PA, PMMA, POM, PBT, SAN, and fluoropolymers were sold last year.

ABS Dominates

Acrylonitrile butadiene styrene is by far the most frequently used engineering plastic: It accounts for about 40% of the total demand. More than 6 million tonnes were processed in 2015 in the region Asia-Pacific alone. Among others, ABS is used for seat components and door panels of cars, casings of electronic devices, film, pipes, and sheets in the construction industry, as well as for shower heads, toys, and many other household appliances.

Plastics for Fast Cars

Worldwide, electrical and electronic applications as well as consumer goods are among the most important sales markets for many engineering plastics - almost 25% of global demand originate in each of these two sectors. The transportation industry is the third largest individual market. Ceresana expects the highest growth in the upcoming years for this segment. At rates of 2.5% and 2.9% p.a., application in the construction industry and in consumer goods will exhibit a weaker development. The markets for engineering plastics develop very differently as a result. While the transportation segment accounts for 35% of polyamide (PA) consumption, consumer goods are the major sales market of acrylonitrile butadiene styrene (ABS).

The Study in Brief:

Chapter 1 analyzes the global market for engineering plastics (ABS, PC, PA, PMMA, POM, PBT, SAN, and fluoropolymers) - and offers forecasts up to 2023: demand, revenues, and production volume are explained for each region of the world.

Chapter 2 examines the 19 largest countries of the market for engineering plastics in more detail. Data on demand, revenues, production, import, and export is provided. Demand is analyzed in detail split by both application areas and product types.

Chapter 3 thoroughly examines the application areas for engineering plastics: transportation, electrical and electronics, construction industry, consumer goods, and other applications. Data is split by the sales markets Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa as well as the major countries.

Chapter 4 deals with demand and revenues of the particular engineering plastics. Demand is clearly displayed according to individual countries, all world regions, and respective application areas.

Chapter 5 provides useful 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. In-depth profiles of 93 producers are given, including Arkema, BASF, Chi Mei, Covestro, DuPont, Formosa Plastics, Ineos Styrolution, Invista, LG Chem, Petro-China, and SABIC.

About Ceresana
Ceresana is an internationally leading market research and consulting company for the industry. For more than 10 years, Ceresana has been supplying several thousand customers from 60 countries with up-to-date market intelligence. Extensive market knowledge creates new prospects for strategic and operational decisions. Ceresana's clients profit from implementation-oriented consulting services, tailor-made single-client studies and more than 100 independent multi-client market studies. Ceresana's analysts are experts on the following markets: chemicals, plastics, industrial goods, and packaging.