Engineering Plastics - A Global Market Overview26 May 2010 • by Natalie Aster
The worldwide market for engineering plastics is projected to reach about US$17.5 billion by 2015 from an estimated US$6.9 billion in 2005, growing at a Compounded Annual Growth Rate (CAGR) of 9.8% during the analysis period, 2005-2015.
Stable growth and continuous development of global economy and the science & technology during the past couple of decades has raised rigorous requirement for the performance of materials. Engineering plastics become the area of focus for the development of new chemical materials, as the traditional material no longer caters the needs of current applications. Engineering plastics, in current modern life, are an essential material and finding its widespread applications in each and every sector of global economy.
A new study “Engineering Plastics - A Global Market Overview” reviews, analyzes and projects the global market for Engineering Plastics for the period 2006-2016.
The report covers the profiles of 60 key market players out of which 33 are the major global players. The region wise break-up of major players: The United States – 20; Japan – 9; Europe – 17; China – 5; Asia-Pacific – 5; and Rest of World – 4. The report also provides the listing of the companies engaged in research, technology development, manufacturing and the supply of engineering plastics. The global list covers addresses, contact numbers and the website addresses of 469 companies (3M, Arkema, Asahi Glass, BASF, Celanese, Chevron Philips, DuPont, Eastman Kodak, GE Plastics, Rhodia, Royal DSM , etc.)
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Source: MarketPublishers, Ltd.