Key Insights
The Asia-Pacific (APAC) engineering plastics market exhibits robust growth, driven by the region's burgeoning automotive, electronics, and construction sectors. A compound annual growth rate (CAGR) exceeding 4.00% indicates a significant expansion, projected to continue through 2033. Key drivers include increasing industrial automation, the rise of electric vehicles (EVs), and the growing demand for lightweight, high-performance materials in various applications. The market is segmented by resin type (polyphthalamide, PBT, PC, PEEK, PET, polyimide, PMMA, POM, ABS, SAN, and fluoropolymers), with specific growth varying by material properties and end-use applications. China, India, and Japan are major contributors, reflecting their significant manufacturing bases and substantial infrastructure development. While the market faces constraints like fluctuating raw material prices and potential supply chain disruptions, the overall positive growth outlook remains strong. Increased investment in research and development, particularly in sustainable and bio-based engineering plastics, is likely to further shape the market landscape. Specific regional analysis shows significant contributions from Australia, China, India, Japan, Malaysia, and South Korea, while emerging economies within the "Rest of Asia-Pacific" segment demonstrate promising growth potential. The aerospace sector, while comparatively smaller than others, is showing promising growth due to increased demand for lightweight and high-strength materials in aircraft manufacturing.
The leading players in the APAC engineering plastics market are a mix of multinational corporations and regional players. Companies like Far Eastern New Century Corporation, Sumitomo Chemical Co Ltd, and Asahi Kasei Corporation hold significant market shares, leveraging their established production capabilities and global distribution networks. However, local manufacturers and smaller enterprises are also contributing to the market’s dynamism, particularly in catering to regional demands. Competitive dynamics are characterized by product differentiation, technological innovation, and strategic partnerships to expand market reach and consolidate supply chains. The continued expansion of the EV market in APAC will further propel demand for specific engineering plastics with superior properties, while the construction sector's emphasis on sustainable building materials will drive adoption of eco-friendly options. This dynamic interplay of factors underscores the complexity and evolving nature of the APAC engineering plastics market.
APAC Engineering Plastics Industry: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Asia-Pacific engineering plastics industry, covering market size, growth drivers, competitive landscape, and future trends. The study period spans from 2019 to 2033, with 2025 serving as the base and estimated year. The report offers valuable insights for industry stakeholders, including manufacturers, investors, and policymakers. Market values are expressed in Millions.
APAC Engineering Plastic Industry Market Concentration & Innovation
The APAC engineering plastics market is characterized by a moderately concentrated landscape, with a few large players dominating the market share. Key players like Far Eastern New Century Corporation, Sumitomo Chemical Co Ltd, Asahi Kasei Corporation, and Formosa Plastics Group hold significant market share, estimated at xx Million in 2025. However, the presence of numerous smaller players fosters competition and innovation.
- Market Concentration: The top 5 players collectively account for an estimated xx% of the market share in 2025.
- Innovation Drivers: Technological advancements in materials science, increasing demand for high-performance plastics, and the growing adoption of sustainable practices are key drivers of innovation.
- Regulatory Frameworks: Stringent environmental regulations and safety standards are shaping the industry, promoting the development of eco-friendly and high-performance materials. Compliance costs, however, represent a significant challenge.
- Product Substitutes: The industry faces competition from alternative materials like metals and composites, particularly in high-performance applications. However, the superior properties of engineering plastics in several applications are maintaining their dominance.
- End-User Trends: Growing demand from sectors like automotive, electronics, and healthcare fuels market growth. The shift towards lightweighting and improved functionalities in end products drives the demand for specialized engineering plastics.
- M&A Activities: Consolidation through mergers and acquisitions (M&A) is expected to increase, particularly among smaller players seeking to expand their market presence. The total value of M&A deals in the APAC region during the historical period (2019-2024) is estimated at xx Million.
APAC Engineering Plastic Industry Industry Trends & Insights
The APAC engineering plastics market is experiencing robust growth, driven by several factors. The region's expanding manufacturing base, coupled with rising disposable incomes and urbanization, fuels demand across various end-use industries. The market's Compound Annual Growth Rate (CAGR) is projected to be xx% during the forecast period (2025-2033). Technological advancements, such as the increasing adoption of 3D printing, and the development of high-performance materials are also contributing to market expansion. Market penetration of bio-based and recycled engineering plastics is gradually increasing, but adoption rates are still relatively low due to cost and performance limitations. This creates significant opportunities for innovation and investment in sustainable solutions. The competitive landscape is intense, with established players constantly innovating to maintain their market share and new entrants seeking to disrupt the market with innovative solutions. The current market value is estimated at xx Million in 2025, expected to reach xx Million by 2033.
Dominant Markets & Segments in APAC Engineering Plastic Industry
China holds the largest market share within the APAC region, driven by its robust manufacturing sector and rapid economic growth. India and Japan follow closely. Among segments, Polypropylene Terephthalate (PBT), Polycarbonate (PC), and Polyoxymethylene (POM) dominate due to their wide range of applications. The automotive and electronics industries are major end-use sectors, accounting for a significant portion of the demand.
- Key Drivers (China):
- Rapid industrialization and urbanization
- Strong government support for infrastructure development
- Growing automotive and electronics manufacturing
- Key Drivers (India):
- Increasing infrastructure investments
- Rising disposable incomes and consumer spending
- Growth in the automotive and packaging industries
- Key Drivers (Japan):
- Advanced manufacturing capabilities and technological innovation
- Strong presence of major engineering plastics manufacturers
- High demand from the electronics and automotive industries
- Dominant Segments:
- Polybutylene Terephthalate (PBT): High demand in automotive and electrical & electronics applications.
- Polycarbonate (PC): Wide applications across various sectors, including automotive, healthcare, and consumer electronics.
- Polyoxymethylene (POM): Known for its high stiffness and durability, it finds applications in precision parts and machinery.
APAC Engineering Plastic Industry Product Developments
Recent product innovations highlight a focus on sustainability and enhanced performance. Covestro AG's Makrolon 3638 polycarbonate for healthcare applications and Toray Industries Inc.'s Toraypearl PA6 for 3D printing exemplify this trend. These new materials offer improved properties, such as biocompatibility, heat resistance, and ease of processing, expanding their applications in diverse sectors. The focus on sustainable solutions is driven by environmental concerns and increasing regulatory pressures, encouraging the development of recyclable and bio-based engineering plastics.
Report Scope & Segmentation Analysis
This report segments the APAC engineering plastics market based on resin type (Polyphthalamide, PBT, PC, PEEK, PET, PI, PMMA, POM, ABS & SAN, Fluoropolymer), country (Australia, China, India, Japan, Malaysia, South Korea, Rest of Asia-Pacific), and end-use industry (Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging, Other End-user Industries). Each segment's market size, growth projections, and competitive dynamics are analyzed in detail. Growth rates vary considerably depending on both resin type and end-use industry.
Key Drivers of APAP Engineering Plastic Industry Growth
The growth of the APAP engineering plastics industry is fuelled by several factors: rapid industrialization and urbanization in several APAC countries, boosting demand across diverse sectors; rising disposable incomes, driving consumer spending on products that use engineering plastics; significant investments in infrastructure development, particularly in transportation and construction; and technological advancements in materials science, leading to the creation of high-performance plastics.
Challenges in the APAC Engineering Plastic Industry Sector
The APAC engineering plastics industry faces several challenges. Fluctuating raw material prices and supply chain disruptions can impact profitability and production. Stringent environmental regulations, while promoting sustainability, impose compliance costs. Intense competition among manufacturers necessitates constant innovation to maintain competitiveness. These factors collectively impact overall market growth.
Emerging Opportunities in APAC Engineering Plastic Industry
Emerging opportunities lie in the growing adoption of sustainable and bio-based plastics, driven by environmental concerns. The rise of 3D printing technologies opens new avenues for customized plastic parts. The increasing demand for lightweight and high-performance materials in industries like automotive and aerospace presents significant growth potential.
Leading Players in the APAC Engineering Plastic Industry Market
- Far Eastern New Century Corporation
- Sumitomo Chemical Co Ltd
- Asahi Kasei Corporation
- Formosa Plastics Group
- Solvay
- Mitsubishi Chemical Corporation
- Toray Industries Inc
- CHIMEI
- China Petroleum & Chemical Corporation
- Lotte Chemical
- LG Chem
- Sinochem
- Covestro AG
- China Resources (Holdings) Co Ltd
- Sanfame Group
Key Developments in APAC Engineering Plastic Industry Industry
- August 2022: Toray Industries Inc. introduced Toraypearl PA6, a high-strength, heat-resistant material for 3D printing, expanding applications in additive manufacturing.
- August 2022: Covestro AG announced plans to build a polycarbonate mechanical recycling line in Shanghai, promoting sustainable practices and circular economy principles.
- February 2023: Covestro AG launched Makrolon 3638 polycarbonate for healthcare and life sciences, targeting drug delivery and biopharmaceutical applications. This demonstrates a focus on high-value niche markets.
Strategic Outlook for APAC Engineering Plastic Industry Market
The APAC engineering plastics market holds significant long-term growth potential, driven by continued industrialization, technological advancements, and increasing demand for sustainable solutions. Companies focused on innovation, sustainability, and strategic partnerships are best positioned to capitalize on emerging opportunities. The market is poised for further consolidation through mergers and acquisitions as players seek to expand their product portfolios and geographic reach.
APAC Engineering Plastic Industry Segmentation
-
1. End User Industry
- 1.1. Aerospace
- 1.2. Automotive
- 1.3. Building and Construction
- 1.4. Electrical and Electronics
- 1.5. Industrial and Machinery
- 1.6. Packaging
- 1.7. Other End-user Industries
-
2. Resin Type
-
2.1. Fluoropolymer
-
2.1.1. By Sub Resin Type
- 2.1.1.1. Ethylenetetrafluoroethylene (ETFE)
- 2.1.1.2. Fluorinated Ethylene-propylene (FEP)
- 2.1.1.3. Polytetrafluoroethylene (PTFE)
- 2.1.1.4. Polyvinylfluoride (PVF)
- 2.1.1.5. Polyvinylidene Fluoride (PVDF)
- 2.1.1.6. Other Sub Resin Types
-
2.1.1. By Sub Resin Type
- 2.2. Liquid Crystal Polymer (LCP)
-
2.3. Polyamide (PA)
- 2.3.1. Aramid
- 2.3.2. Polyamide (PA) 6
- 2.3.3. Polyamide (PA) 66
- 2.3.4. Polyphthalamide
- 2.4. Polybutylene Terephthalate (PBT)
- 2.5. Polycarbonate (PC)
- 2.6. Polyether Ether Ketone (PEEK)
- 2.7. Polyethylene Terephthalate (PET)
- 2.8. Polyimide (PI)
- 2.9. Polymethyl Methacrylate (PMMA)
- 2.10. Polyoxymethylene (POM)
- 2.11. Styrene Copolymers (ABS and SAN)
-
2.1. Fluoropolymer
APAC Engineering Plastic Industry Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. India
- 1.3. Japan
- 1.4. South Korea
- 1.5. ASEAN
- 1.6. Oceania
- 1.7. Rest of Asia Pacific
APAC Engineering Plastic Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of > 4.00% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Huge Growth in the Polyurethane Foam Application; Increasing Demand from the Construction Industry
- 3.3. Market Restrains
- 3.3.1. Shortage and Increased Price of Raw Material; Other Restraints
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. APAC Engineering Plastic Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 5.1.1. Aerospace
- 5.1.2. Automotive
- 5.1.3. Building and Construction
- 5.1.4. Electrical and Electronics
- 5.1.5. Industrial and Machinery
- 5.1.6. Packaging
- 5.1.7. Other End-user Industries
- 5.2. Market Analysis, Insights and Forecast - by Resin Type
- 5.2.1. Fluoropolymer
- 5.2.1.1. By Sub Resin Type
- 5.2.1.1.1. Ethylenetetrafluoroethylene (ETFE)
- 5.2.1.1.2. Fluorinated Ethylene-propylene (FEP)
- 5.2.1.1.3. Polytetrafluoroethylene (PTFE)
- 5.2.1.1.4. Polyvinylfluoride (PVF)
- 5.2.1.1.5. Polyvinylidene Fluoride (PVDF)
- 5.2.1.1.6. Other Sub Resin Types
- 5.2.1.1. By Sub Resin Type
- 5.2.2. Liquid Crystal Polymer (LCP)
- 5.2.3. Polyamide (PA)
- 5.2.3.1. Aramid
- 5.2.3.2. Polyamide (PA) 6
- 5.2.3.3. Polyamide (PA) 66
- 5.2.3.4. Polyphthalamide
- 5.2.4. Polybutylene Terephthalate (PBT)
- 5.2.5. Polycarbonate (PC)
- 5.2.6. Polyether Ether Ketone (PEEK)
- 5.2.7. Polyethylene Terephthalate (PET)
- 5.2.8. Polyimide (PI)
- 5.2.9. Polymethyl Methacrylate (PMMA)
- 5.2.10. Polyoxymethylene (POM)
- 5.2.11. Styrene Copolymers (ABS and SAN)
- 5.2.1. Fluoropolymer
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 6. Germany APAC Engineering Plastic Industry Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 6.1.1.
- 7. United Kingdom APAC Engineering Plastic Industry Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 7.1.1.
- 8. France APAC Engineering Plastic Industry Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 8.1.1.
- 9. Italy APAC Engineering Plastic Industry Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 9.1.1.
- 10. Rest of Europe APAC Engineering Plastic Industry Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1.
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2024
- 11.2. Company Profiles
- 11.2.1 Far Eastern New Century Corporation
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Sumitomo Chemical Co Ltd
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Asahi Kasei Corporation
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Formosa Plastics Group
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Solvay
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Mitsubishi Chemical Corporation
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Toray Industries Inc
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 CHIMEI
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 China Petroleum & Chemical Corporation
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Lotte Chemical
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 LG Chem
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Sinochem
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Covestro AG
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 China Resources (Holdings) Co Ltd
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.15 Sanfame Group
- 11.2.15.1. Overview
- 11.2.15.2. Products
- 11.2.15.3. SWOT Analysis
- 11.2.15.4. Recent Developments
- 11.2.15.5. Financials (Based on Availability)
- 11.2.1 Far Eastern New Century Corporation
List of Figures
- Figure 1: APAC Engineering Plastic Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: APAC Engineering Plastic Industry Share (%) by Company 2024
List of Tables
- Table 1: APAC Engineering Plastic Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: APAC Engineering Plastic Industry Volume K Tons Forecast, by Region 2019 & 2032
- Table 3: APAC Engineering Plastic Industry Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 4: APAC Engineering Plastic Industry Volume K Tons Forecast, by End User Industry 2019 & 2032
- Table 5: APAC Engineering Plastic Industry Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 6: APAC Engineering Plastic Industry Volume K Tons Forecast, by Resin Type 2019 & 2032
- Table 7: APAC Engineering Plastic Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 8: APAC Engineering Plastic Industry Volume K Tons Forecast, by Region 2019 & 2032
- Table 9: APAC Engineering Plastic Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 10: APAC Engineering Plastic Industry Volume K Tons Forecast, by Country 2019 & 2032
- Table 11: APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 13: APAC Engineering Plastic Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 14: APAC Engineering Plastic Industry Volume K Tons Forecast, by Country 2019 & 2032
- Table 15: APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 17: APAC Engineering Plastic Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 18: APAC Engineering Plastic Industry Volume K Tons Forecast, by Country 2019 & 2032
- Table 19: APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 21: APAC Engineering Plastic Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 22: APAC Engineering Plastic Industry Volume K Tons Forecast, by Country 2019 & 2032
- Table 23: APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 25: APAC Engineering Plastic Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 26: APAC Engineering Plastic Industry Volume K Tons Forecast, by Country 2019 & 2032
- Table 27: APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 28: APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 29: APAC Engineering Plastic Industry Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 30: APAC Engineering Plastic Industry Volume K Tons Forecast, by End User Industry 2019 & 2032
- Table 31: APAC Engineering Plastic Industry Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 32: APAC Engineering Plastic Industry Volume K Tons Forecast, by Resin Type 2019 & 2032
- Table 33: APAC Engineering Plastic Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 34: APAC Engineering Plastic Industry Volume K Tons Forecast, by Country 2019 & 2032
- Table 35: China APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: China APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 37: India APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: India APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 39: Japan APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: Japan APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 41: South Korea APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: South Korea APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 43: ASEAN APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: ASEAN APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 45: Oceania APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: Oceania APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
- Table 47: Rest of Asia Pacific APAC Engineering Plastic Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Rest of Asia Pacific APAC Engineering Plastic Industry Volume (K Tons) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the APAC Engineering Plastic Industry?
The projected CAGR is approximately > 4.00%.
2. Which companies are prominent players in the APAC Engineering Plastic Industry?
Key companies in the market include Far Eastern New Century Corporation, Sumitomo Chemical Co Ltd, Asahi Kasei Corporation, Formosa Plastics Group, Solvay, Mitsubishi Chemical Corporation, Toray Industries Inc, CHIMEI, China Petroleum & Chemical Corporation, Lotte Chemical, LG Chem, Sinochem, Covestro AG, China Resources (Holdings) Co Ltd, Sanfame Group.
3. What are the main segments of the APAC Engineering Plastic Industry?
The market segments include End User Industry, Resin Type.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Huge Growth in the Polyurethane Foam Application; Increasing Demand from the Construction Industry.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
Shortage and Increased Price of Raw Material; Other Restraints.
8. Can you provide examples of recent developments in the market?
February 2023: Covestro AG introduced Makrolon 3638 polycarbonate for healthcare and life sciences applications such as drug delivery devices, wellness and wearable devices, and single-use containers for biopharmaceutical manufacturing.August 2022: Toray Industries Inc. introduced Toraypearl PA6, which claims to provide outstanding high strength, heat resistance, and surface smoothness for powder bed fusion 3D printers.August 2022: Covestro AG announced plans to build its first dedicated line for the mechanical recycling (MCR) of polycarbonates in Shanghai, China, to create more sustainable solutions, primarily for electrical and electronic, automotive, and consumer goods applications.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Tons.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "APAC Engineering Plastic Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the APAC Engineering Plastic Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the APAC Engineering Plastic Industry?
To stay informed about further developments, trends, and reports in the APAC Engineering Plastic Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
