Asia-Pacific Region Is Spurring the Engineering Plastic Market

The Asia-pacific region presents significant opportunity for engineering plastic market, says RNCOS in its latest research report.


Noida, UP -- (SBWIRE) -- 04/23/2015 -- Engineering plastics market is experiencing rapid growth, which is expected to continue in the near future, mainly driven by the highly growing Asia-Pacific region. Presently, Asia-Pacific and Western Europe are the largest consumers of engineering plastics. The Asia-Pacific region dominated the global engineering plastics market, accounting for 47.9% of the global engineering plastics market demand in 2013.

According to our report, the engineering plastics industry in Asia-pacific region is growing. A robust demand for consumer products, housing and durable goods in the region especially China, which includes electronics, appliances, construction materials and autos, combined with an improving economy is driving increased domestic demand for engineering plastic to produce these goods.

The report "Global Engineering Plastic Market Outlook 2020", by RNCOS spread over 65 pages provides an in-depth research and rational analysis of the current status and future growth prospects of the engineering plastic market on globe. Our research includes profound study of the market by type and region. Besides that, the report exhibits the emerging trends and drivers globally which are boosting the engineering plastic industry growth.

Additionally, to provide a comprehensive view, an in-depth study of major engineering plastic market has been covered in the report which includes countries such as US, China, Germany, India etc. This section covers engineering plastic market in value terms in each of these countries till 2020.

Further, through the section of key players, we have tried to provide the insight of current market scenario and existing competition to our customers. Additionally, we have also covered the key financials and recent activities by these players to build up position in the engineering plastic market. As a whole, the report presents a comprehensive look at the sector's past, present, and future scenario.

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RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.