Engineering Plastics Market - Status, Segment by Size, Application, Region Analysis by 2023

The global engineering plastics market is expected to witness strong growth, during the forecast period. The growth in the global market is being propelled by emergence of substitutes for conventional materials in the form of engineering plastics in end-use applications, positive growth in end-use industries, growing demand for polyamides in 3D printing and increasing demand for engineering plastics from automotive industry.

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Engineering plastics are plastic materials having superior mechanical and/or thermal properties as compared to commodity plastics (such as polystyrene, PVC, polypropylene and polyethylene). Engineering plastics can be used permanently at temperatures between 100°C and 150°C.

The global engineering plastics market has been categorized on the basis of type and application. On the basis of type, the global market has been segmented into acrylonitrile butadiene styrene (ABS), polyamide, polycarbonates, thermoplastic polyesters, polyacetals, fluoropolymers, and others.