Asia Pacific Engineering Plastics Market Outlook to 2018 - Growing Economy and Emergence of
Global Players to Intensify the Demand provides an in-depth analysis of
the Asia Pacific engineering plastics industry. The report covers specific
insights on the market size in terms of value, segmentation by geography &
product wise segmentation by major countries, drivers and restraints, recent
trends and developments, government regulations and future outlook of the engineering
plastics industry in Asia Pacific region. The report also entails a detailed
description of the prominent and emerging geographic markets of the region
including Japan, China, India, South Korea and Taiwan.
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| Asia Pacific Engineering Plastics Market |
Asia Pacific Region
The concept of engineering plastics has witnessed rapid
involvement in both developed and developing countries in the Asia Pacific
region. This has been mainly pursued owing to its superior features of having
next best substitutability with the metals, since it possesses relatively lower
weight. In a nutshell, the engineering plastics industry in Asia Pacific region
has grown from USD ~ million in 2008 to USD ~million during 2013 in value
terms, at a CAGR of 12.5% during the period. The revenues of the engineering
plastics industry in the Asia Pacific region are expected to grow from USD ~
million in 2014 to ~ million during 2018. This market is envisaged to apprehend
at a considerable CAGR growth rate of 13.8% during the period 2013-2018. In
more developed markets of the Asia-Pacific region, including countries such as
Japan, South Korea and China, the offerings from the market players are
expected to be diverse, focused mainly on customized demands. Additionally, the
market is predicted to witness expansion in terms of the newer forms of
engineering plastics resins, coupled with the development of their newer
applications in end user industries.
China
Chinese economy has entered into an inimitable stage of
development, under which the economic growth has been slowing down, but the country
has been heading towards a more sustainable path. Engineering plastics has been
one of the major sectors which have escalated at a rapid pace in China over the
last few years, especially since 2005. The overall market revenues of China
engineering plastics resin market has enhanced at a substantial CAGR of 13.6%
during the period 2008-2013, with revenues being registered at USD ~ million
during 2013. Engineering plastic industry in China has been primarily dominated
by the Polyethylene Terephthalate (PET) thermoplastic resin, which commanded a
major share of ~% in the overall revenues of the engineering plastic industry
during 2013. The engineering plastics market of China in the future is
envisaged to augment at the CAGR of ~% during 2014-2018, with revenues are
expected to be registered at USD 242 billion by 2018.
Japan
The engineering plastics market of China in the future is
envisaged to augment at the CAGR of 15% during 2014-2018, with revenues are
expected to be registered at USD ~ million by 2018. Japan engineering plastic
market revenues has deteriorated at a CAGR of 3.6% from USD ~ million in 2008
to USD ~ million in 2013. The engineering plastic industry in Japan has been
primarily dominated by the PET engineering plastics resins, which has commanded
a massive share of 18.4% in the overall revenues of the engineering plastic
industry during 2013. Japan engineering plastic market in the outlook period,
is likely to augment at a positive yet slow CAGR of 1.7% during 2013-2018,
supported by surging growth of end user industries majorly automotive and
electrical and electronics equipment industries.
India
The engineering plastics industry of India has substantial
growth potential in the country, since untapped opportunities still exist for
metal replacement in cars, trucks, consumer appliances as well as in other
applications. India engineering plastic market has considerably enhanced at a
healthy CAGR of 25.0% during the period FY’2009-FY’2014. The engineering
plastic market revenues in the future are expected to augment at a CAGR of over
20% during FY’2014-FY’2019, reaching revenue worth USD 5 billion in FY’2019.
Key Topics Covered in
the Report:
·
The market size of Asia Pacific
engineering plastics market in terms of revenue.
·
Asian market segmentation by geographies
covering China, India and Japan
·
Competitive Landscape of Major players operating
in Asia Pacific engineering plastics industry.
·
Future outlook and projections of engineering
plastics market in Asia pacific region.
·
China engineering plastics market size,
segmentation, export import scenario, trends, growth drivers and issues, SWOT
Analysis market share of major companies in the industry.
·
Japan engineering plastics market size,
segmentation, pricing scenario, trends and issues, SWOT analysis, market share
of major companies in the industry.
·
India engineering plastics market size,
segmentation, export import scenario, trends, growth drivers and issues, SWOT
Analysis market share of major companies in the industry.
·
Snapshot of South Korea
and Taiwan engineering plastics industry.
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Query@kenresearch.com
+91-11-47017199
Ken Research
Ankur Gupta, Head Marketing & Communications
Query@kenresearch.com
+91-11-47017199
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