mayuri67 (17)

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Engineering Plastic Market 2030


Industry
Survey, Growth, Competitive Landscape

and Forecasts to
2030
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Engineering Plastic Market 2030
Engineering Plastic Market 2030 Industry
Survey, Growth, CompetitiveLandscape and
Forecasts to 2030

• They are processed to raw color polymer during
  the plastic manufacturing process. The Middle
  East and Africa (MEA) Engineering Plastic Market
  report prepared by Market Research Future (MRFR)
  comprehensively analyzes and outlines drivers,
  challenges, and opportunities for masterbatch
  manufacturers for the period of 2021 to 2030
  (forecast period).
• The engineering plastic market is likely to be
  valued at a market sum worth USD 115.10 billion
  during the ongoing forecast period of 2021-2030.
  During the historic forecast period that had
  ended in 2019, the market was valued at a global
  sum of USD 80.70 billion. For the ongoing
  forecast period that will be ending in 2030, the
  market is expected to grow at a global CAGR of
  7.2.
• Attributes such as light stability and
  conductivity are projected to escalate the market
  for masterbatch market further. Also, there has
  been a soaring demand for masterbatch from the
  plastic industry, which is an essential factor of
  market growth at a global level. Also, there has
  been surging demand for lightweight materials in
  various end-user industries is further fueling
  the demand.

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Engineering Plastic Market 2023

• Competitive Landscape
• I. du Pont de Nemours and Company (U.S.)
• Evonik Industries AG (Germany)
• Mitsubishi Engineering-Plastics Corporation
  (Japan)
• LG Chem Ltd. (South Korea)
• Lanxess AG (Germany)
• Celanese Corporation (US)
• Saudi Basic Industries Corporation (Saudi Arabia)
• Enquiry of the Report https//www.marketresearchf
  uture.com/enquiry/2161

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Engineering Plastic Market 2023
Regional Analysis

• On a geographical note, Asia-Pacific region leads
  the Engineering Plastic Market in terms of both,
  volume and value, which is expected to
  proliferate significantly at a higher CAGR by
  2022. In the Asia Pacific, China has been a
  significant revenue generating country owing to
  growing end-user industry and an increase in the
  consumption rate of chemicals by manufacturers.
  Also, substantial expansion scope in the
  automotive industry in India, South Korea
  Taiwan, and leather industries in Vietnam may
  enhance the market growth. Besides, a surge in
  personal care and cosmetic products demands from
  the middle-class population may also stimulate
  the global Engineering Plastic Market
  substantially.
• Whereas, North America for second market share in
  this segment. North America led by the U.S.
  Engineering Plastic Market may also witness gains
  of market by the end of the forecast period. U.S.
  market, driven by wood coatings and printing ink
  applications segment along with increased
  spending on lifestyle products and growing
  e-commerce industry may boost regional market
  growth during the projected period.
• Europe is now estimated to witness moderate
  growth on account of rising demand from the
  automotive sector. Furthermore, stringent
  regulations for the storage and usage of this
  product have led to increased innovation and
  development in this sector. Access Full Report
  Details and Order this Premium Report
  _at_  https//www.marketresearchfuture.com/reports/e
  ngineering-plastic-market-2161
•  

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Engineering Plastic Market 2023
Application Major Players in this Research

• In the reports by MRFR, the global Engineering
  Plastic Market has been segmented based on the
  product, application, and region for the
  forecasted period 2016 to 2022.
• Segmentation by product, the market is
  categorized as M grade cellulose, E grade
  cellulose, and others. In M grade cellulose,
  Engineering Plastic is highly applied in consumer
  products such as thickener and emulsifier in
  lubricants in nutritional supplement capsules and
  others.
• Based on application, the global Engineering
  Plastic Market is segmented into printing inks,
  automotive paints, wood coatings, leather
  finishes, nail varnishes, and others. Out of
  which, print inking inks is driven by technology
  advancement and eco-friendly inks and is the
  largest application industry of Engineering
  Plastic Market. While automotive paints are the
  second largest segment in Engineering Plastic, on
  the other hand, wood coating manufacturing
  process also highly utilize Engineering Plastic,
  as it has the ability to coat multiple time and
  it is user-friendly. Due to these factors
  Engineering Plastic is expected to witness
  significant growth in the forecasted period.

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