According to
Markets and Markets’ latest research report, global engineering plastic market
value is about $ 53.58 billion in 2013,also predicts that will up to $ 79.03
billion , increasing at 8% rate annually in 2018.Carbon Black Pigment
Engineering
plastic is widely used in many fields because of its excellent stability, good
heat resistance, chemical resistance and high intensity as well as it’s demand
increasing. One of the main purposes of
engineering plastic is to be used in various terminal industry in place
of metal. Particularly more and more strict environmental regulations requires
car to reduce emissions and improve fuel economy, engineering plastic is now
widely used in automobile and transportation industry. Moreover, engineering
plastic is also widely used in consumption, household appliances, electrical
and electronic products, industrial machinery, packaging, medical,
architecture, etc. industry.Carbon Black N330
Currently,
Asia-pacific region occupies the main market of global engineering plastic.
According to statistics, Asia-pacific region accounts for 47.9% market share of
global engineering plastic market demand. It predicts that Asia-pacific region
will keep the positon of world’s largest engineering plastic market, then
Western Europe market. The demand of engineering plastic market will increase
at 7.8% rate annually in next five years.