- The key vendors in the Global Engineering Plastics Market 2014-2018 are BASF SE, Bayer AG, Dow Chemical Co., DuPont and Royal DSM NV.
London, 03 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Engineering Plastics Market 2014-2018. One of the emerging market trends is an increasing demand from the Asia Pacific region. China and India are key markets for engineering plastics, which are expected to be in high demand from various industries in this region.
Engineering plastics are a class of plastics that have superior properties including high mechanical strength and resistance to heat and chemicals, compared to conventional plastics.
“Increasing demand for engineering plastics from the automotive industry in the APAC region is expected to be a major contributor to market growth,” says Faisal Ghaus, Vice President of TechNavio Research.
“Economic development in such countries has led to improvements in the purchasing power of individuals, thereby contributing to the growth of several industries.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
