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Asia-pacific will become the global engineering plastic growth engine

2015-6-2 16:43:44

Reportlinker has conducted a conclusion for global engineering plastic industry development situation of 2013 ,including transportation, electronics, consumer durable goods, medical, construction, packaging, etc. fields and evaluated market trend for the next few years.Pigment Carbon Black

 The institution delivered a report that Asia-pacific region is the largest engineering plastic market globally. The region is expected to be the major drive to promote global engineering plastic market trend.

 The research result is as follows:

 ——The global engineering plastic industry is solidly growing under the effect of growing market demand in Asia-pacific region.

 ——Electronics was the largest terminal consumer market for engineering plastic in 2013.With the demand increasing, it gradually become mature for plastic applied in electronic field. In recent years, the demand of engineering plastic is increasing for small and medium size electronic manufacturing enterprises.

 ——In terms of category, PMMA,PC and PBT are expected to be the most popular engineering plastic products during 2014-2020.

 ——though currently ABS is the world’s most widely used engineering plastic, it predicts that the demand of plastic market will go down in next few years because it’s highly commercialized.

 ——In the near future, transportation is expected to surpass electronic and become the largest engineering plastic application market. High performance engineering plastic will be highly used in this field with the constantly promoting “plastic replaces steel”Carbon Black N330

 ——In recent years, interiorizing of lightweight design concept and growing applause of saving energy and consumption reducing have made engineering plastic more notable in automotive manufacturing field, meanwhile, electric vehicle’s coming brings many impacts on engineering plastic’s application in automobile.

 ——As cheap and good material, engineering plastic is necessary in architecture filed. Engineering plastic plays a important role in building, from door, window, pipe, roof and beam.