Fact MR’s latest industry survey predicts that sales of semi-crystalline thermoplastics will increase at the pushed CAGR through 2031, as chemical and materials sales will gradually recover after disruptions caused by COVID-19. The report is intended to provide insights into hidden growth opportunities and challenges. It also provides recommendations to help companies prepare for unforeseen challenges.
The market intelligence study therefore includes demographic analysis so that market participants can plan their product and marketing strategy. It offers sales prospects in over 20 countries. Identify the most profitable segments to assist companies in creating winning strategies for the future.
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Key Market Segments Covered
- By Product Type
- Amorphous Engineering Thermoplastic
- Styrene Copolymers (ABS/SAN)
- Polycarbonate (PC)
- Polymethyl methacrylate (PMMA)
- Polyphenylene Oxide (PPO)
- Others
- Semi-crystalline Engineering Thermoplastic
- Thermoplastics Polyesters (PBT/PET)
- Polyamide (PA)
- Fluoropolymers (PTFE / Teflon)
- Polyacetals (POM)
- Polyether Ether Ketone (PEEK)
- Polyphenylene Sulfide (PPS)
- Others
- Amorphous Engineering Thermoplastic
- By Product Shape
- Engineering Thermoplastic Sheets
- Engineering Thermoplastic Rods
- Engineering Thermoplastic Tubes
- Engineering Thermoplastic Film
- Custom Engineering Thermoplastic
- By End-Use Industry
- Engineering Thermoplastic for Packaging
- Engineering Thermoplastic for Building and Construction
- Engineering Thermoplastic for Automotive and Transportation
- Engineering Thermoplastic for Electrical and Electronics
- Engineering Thermoplastic for Household Appliances
- Engineering Thermoplastic for Sports & Leisure
- Engineering Thermoplastic for Agriculture
- Engineering Thermoplastic for Medical Use
- Engineering Thermoplastic for Other End-use Industries
- By Region
- North America
- Latin America
- Europe
- MEA
- East Asia
- South Asia
- Oceania
Key Takeaways from Market Study
- In 2020, one-fourth of market revenue was generated solely by North America.
- Semi-crystalline engineering thermoplastic accounts for around 53% of the global sales volume, and is utilised at large by end-use industries established in European countries.
- In 2020, North America and Europe together accounted for more than half of global market revenue. The European market is expected to offer around US$ 60 Bn absolute dollar opportunity over the next ten years.
- The market is highly fragmented, with companies such as BASF SE and SABIC holding around 17% of the global market share.
- In terms of end-use industry, the automotive and transportation industry held around 22% market share in 2020.
- In 2020, around 30% of the global engineering thermoplastic was demanded and delivered in the form of tubes, to account for US$ 75.2 Bn market revenue.
- The market in East Asia is projected to expand at a CAGR of around 7% from 2021 to 2031.
