Engineering Thermoplastics Market Revenue was valued at USD 12.5 Billion in 2024 and is estimated to reach USD 18.3 Billion by 2033, growing at a CAGR of 4.9% from 2026 to 2033.
In 2022, the global engineering thermoplastics market was valued at approximately $279.68 billion, with projections estimating growth to $422.75 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030. This growth is primarily driven by increasing demand across various industries, including automotive, electrical and electronics, and consumer goods, due to the superior mechanical properties and versatility of engineering thermoplastics. Regionally, Asia Pacific dominated the market in 2022, accounting for a significant share of global revenue. This dominance is attributed to rapid industrialization, a robust manufacturing base, and heightened demand for high performance materials, particularly in the automotive sector. North America and Europe also held substantial market shares, driven by technological advancements and a strong presence of key industries utilizing engineering thermoplastics. The Middle East & Africa and Latin America, while holding smaller shares, are anticipated to experience steady growth due to increasing industrial activities and infrastructure development. Opportunities in the market include the development of bio based and recyclable thermoplastics, catering to the growing emphasis on sustainability and environmental regulations across regions.
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3M
ARKEMA
Asahi Kasei
Ascend
BASF
Bayer
Celaness
Changchun
Chimei
CNPC
Daikin
Dongyue
DSM
DuPont
Formosa
Hochest-Celanese
Invista
JM
JSR
KKPC
Lanxess
LG Chemical
Meilan Group
Mitsubishi
Nan Ya
PolyOne
Radici Group
SABIC
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Engineering Thermoplastics Market
Polyamide (Nylon)
Polycarbonate
Polyoxymethylene (POM)
Polyphenylene Sulfide (PPS)
Thermoplastic Polyurethane (TPU)
Polyetheretherketone (PEEK)
Others
Aerospace
Automotive
Consumer Goods
Electrical and Electronics
Industrial
Medical
Others
Automotive
Aerospace and Defense
Healthcare
Electronics and Electrical
Construction
Packaging
Others
Heat Resistance
Chemical Resistance
Mechanical Strength
Electrical Insulation
Transparency
Flexibility
Others
Injection Molding
Extrusion
Blow Molding
3D Printing
Compression Molding
Others
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Engineering Thermoplastics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Engineering Thermoplastics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Engineering Thermoplastics Market, By Type
6. Global Engineering Thermoplastics Market, By Application
7. Global Engineering Thermoplastics Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Engineering Thermoplastics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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