- Liquid-Crystal Polymers (LCPs)
- Polyether Ether Ketone (PEEK)
- Polyimide (PI)
- Polyphenylene Sulfide (PPS)
- Polysurfone (PSF)
- Others
Special Engineering Plastics Market estimated to be valued US$ 549.3 million in 2023 and poised to grow at significant CAGR of 6.2% during the forecast year 2024-2030. Some of the key factors influencing the market growth include increasing application of special engineering plastics from automotive & healthcare industries, advancement in production technology, increasing demand for polyamides for 3D printing and the growth of small and medium enterprises in emerging economies. However, high cost of special engineering plastics hampers the market growth. Global special engineering plastics market is surging owing to frequent acquisitions and launchings by the market players. The new technical center will enable Asahi Kasei Europe GmbH to swiftly develop engineering plastic compounds and provide technical solutions that meet the needs of European customers in the automotive industry. This report gives comprehensive outlook on special engineering plastics across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
This report gives historical, current, and future market sizes (US$ Mn) on the basis of product, end user and region. This report studies global dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global special engineering plastics market report includes human demographics regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global special engineering plastics market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global special engineering plastics market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global special engineering plastics products.
Special Engineering Plastics Market Key Developments:
- For Instance, in Feb 2017, Asahi Kasei Corp. expanded its business by opening a new engineering plastics technical center as part of a strategic focus to expand its European automotive-related business.
Global Special Engineering Plastics Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.2%
Largest Market
Asia Pacific
Fastest Growing Market
North America
Special Engineering Plastics Market Dynamics
The role of plastic in the design and manufacturing of automotive vehicles has never been more essential, with stringent regulations and changing consumer habits driving demand for more affordable, lightweight, and fuel-efficient vehicles. As the most important lightweight car materials, engineering plastics are finding increasingly more applications in the automobile sector. Engineering plastics can reduce the weight of auto parts by 40%. When car deadweight is reduced by every 100kg, per 100km fuel consumption can be reduced by 0.3~0.5L and per km CO2 remission can be reduced by 8~11g. In addition, application of plastic auto parts can improve the functions of auto parts, streamline manufacturing process, improve vehicle comfort and safety, reduce production and maintenance cost and provide greater design flexibility.Engineering plastics can find applications in every part from exterior trim, interior trim to functional components and structural components. Engineering plastics can be modified via physical, chemical or physical/chemical combined approaches, including blending (alloying), copolymerization (grafting) and filler reinforcement. Modification can substantially improve the performance of engineering plastics.
Asia Pacific got significant share
Special Engineering Plastics Market Regional Analysis
Asia Pacific accounted for larger revenue share in global special engineering plastics market with considerable CAGR as the region is emerging as the leading region in the special engineering plastics market throughout the estimated period. In addition, Latin America and Middle East & Africa show major potential for the special engineering plastics market. Moreover, North America held considerable market share during predicted period.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The special engineering plastics market report provides granular level information about the market size, regional market share, historic market and forecast.
- The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startups details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
Global Special Engineering Plastics Market Segmentation
By Product
By End User
- Machinery Equipment
- Electrical & Electronics
- Automotive Industry
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa (MEA)
Frequently Asked Questions
The key segments covered in the Special Engineering Plastics Market are technology, components, application, and end-users.
The Special Engineering Plastics Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Special Engineering Plastics Market key players Arkema, Asahi Kasei Corporation, Centroplast Engineering Plastics GmbH, Cytec Solvay Group, DSM Engineering Plastics, I. du Pont de Nemours, and Company, ELANTAS GmbH, Ensinger, NTN Corporation, PolyPLASTY sro, Quadrant AG, RTP Company, SABIC TOYOBO CO.LTD., Victrex plc
| 1.Executive Summary |
| 2.Global Special Engineering Plastics Market Introduction |
| 2.1. Special Engineering Plastics Market - Taxonomy |
| 2.2. Special Engineering Plastics Market - Definitions |
| 2.2.1.Product |
| 2.2.2.End User |
| 2.2.3.Region |
| 3. Global Special Engineering Plastics Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Special Engineering Plastics Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Special Engineering Plastics Market By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Liquid-Crystal Polymers (LCPs) |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Polyether Ether Ketone (PEEK) |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Polyimide (PI) |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Polyphenylene Sulfide (PPS) |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Polysurfone (PSF) |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Others |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6. Global Special Engineering Plastics Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Machinery Equipment |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Electrical & Electronics |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Automotive Industry |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Special Engineering Plastics Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global North America Special Engineering Plastics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Liquid-Crystal Polymers (LCPs) |
| 8.1.2.Polyether Ether Ketone (PEEK) |
| 8.1.3.Polyimide (PI) |
| 8.1.4.Polyphenylene Sulfide (PPS) |
| 8.1.5.Polysurfone (PSF) |
| 8.1.6.Others |
| 8.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Machinery Equipment |
| 8.2.2.Electrical & Electronics |
| 8.2.3.Automotive Industry |
| 8.2.4.Others |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Global Europe Special Engineering Plastics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Liquid-Crystal Polymers (LCPs) |
| 9.1.2.Polyether Ether Ketone (PEEK) |
| 9.1.3.Polyimide (PI) |
| 9.1.4.Polyphenylene Sulfide (PPS) |
| 9.1.5.Polysurfone (PSF) |
| 9.1.6.Others |
| 9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Machinery Equipment |
| 9.2.2.Electrical & Electronics |
| 9.2.3.Automotive Industry |
| 9.2.4.Others |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 10.Global Asia Pacific (APAC) Special Engineering Plastics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Liquid-Crystal Polymers (LCPs) |
| 10.1.2.Polyether Ether Ketone (PEEK) |
| 10.1.3.Polyimide (PI) |
| 10.1.4.Polyphenylene Sulfide (PPS) |
| 10.1.5.Polysurfone (PSF) |
| 10.1.6.Others |
| 10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Machinery Equipment |
| 10.2.2.Electrical & Electronics |
| 10.2.3.Automotive Industry |
| 10.2.4.Others |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Global Middle East and Africa (MEA) Special Engineering Plastics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Liquid-Crystal Polymers (LCPs) |
| 11.1.2.Polyether Ether Ketone (PEEK) |
| 11.1.3.Polyimide (PI) |
| 11.1.4.Polyphenylene Sulfide (PPS) |
| 11.1.5.Polysurfone (PSF) |
| 11.1.6.Others |
| 11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Machinery Equipment |
| 11.2.2.Electrical & Electronics |
| 11.2.3.Automotive Industry |
| 11.2.4.Others |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Global Latin America Special Engineering Plastics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Liquid-Crystal Polymers (LCPs) |
| 12.1.2.Polyether Ether Ketone (PEEK) |
| 12.1.3.Polyimide (PI) |
| 12.1.4.Polyphenylene Sulfide (PPS) |
| 12.1.5.Polysurfone (PSF) |
| 12.1.6.Others |
| 12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Machinery Equipment |
| 12.2.2.Electrical & Electronics |
| 12.2.3.Automotive Industry |
| 12.2.4.Others |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Arkema |
| 13.2.2.Asahi Kasei Corporation |
| 13.2.3.Centroplast Engineering Plastics GmbH |
| 13.2.4.Cytec Solvay Group |
| 13.2.5.DSM Engineering Plastics |
| 13.2.6.I. du Pont de Nemours and Company |
| 13.2.7.ELANTAS GmbH |
| 13.2.8.Ensinger |
| 13.2.9.NTN Corporation |
| 13.2.10.PolyPLASTY sro |
| 13.2.11.Quadrant AG |
| 13.2.12.RTP Company |
| 13.2.13.SABIC |
| 13.2.14.TOYOBO CO.LTD. |
| 13.2.15.Victrex plc |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- Arkema
- Asahi Kasei Corporation
- Centroplast Engineering Plastics GmbH
- Cytec Solvay Group
- DSM Engineering Plastics
- I. du Pont de Nemours and Company
- ELANTAS GmbH
- Ensinger
- NTN Corporation
- PolyPLASTY sro
- Quadrant AG
- RTP Company
- SABIC
- TOYOBO CO.LTD.
- Victrex plc