·
Future Growth of China Engineering Plastics
Industry is expected to be led by PET and Polycarbonate engineering plastics
resin.
·
The global players operating under the
industry are expected to maintain focus on enhancing production capacity to
compete with other players in the industry
Ken Research announced its latest publication on
“China Engineering Plastics Market Outlook to 2018- Surging Growth Owing to Emergence
of Global Players” which
provides a comprehensive analysis of various aspects such as market size,
segmentation and future projections of the PET resin, ABS resin,
Polycarbonate, Polyacetal and others which are the key segments of the market. The
report also covers major end user industries for each engineering plastics
product. This report also offers prevalent trends and developments in China
Engineering Plastics Industry, Government regulations, SWOT analysis, and entry
barriers operating into the Industry. The report also covers the competitive
landscape of the Industry along with the market share of the major players for
all the products in China engineering plastics industry. It also includes
information on the major macroeconomic indicators affecting the market and
future outlook of the engineering plastics industry of China including
analyst’s take on the industry.
 |
| China Engineering Plastics |
On the basis of products, during the period 2008-2013,
PET was the largest segment which dominated the entire engineering plastics
market of China. The segment had contributed 52% to the overall market revenue
during 2013. The segment is expected continue to dominate the overall market
since China is the largest consumer of packaged foods of which PET has its most
of the applications. PBT consumption is increasing at a substantial rate but
polycarbonate is still consumed the most, making up about 50% of the total
engineering plastics consumed. This growth was led by its use in construction,
water bottles, food manufacturing, telephones and computer housings. ABS
segment, conversely, was the second largest market of China engineering plastic
industry, owing to vast applications in automotive, electrical and electronics
segment which escalated at a considerable growth rate. Polyacetal was the smallest segment of the
engineering plastics market in China, which contributed just ~% of the overall
revenue during 2013. This insignificant contribution resulted on account of
heavy dependence on imports, coupled with lower development of Polyacetal
applications in China. In the coming years, the Polyacetal resin market is
expected to grow at a double digit CAGR during the period 2014-2018, with
revenue reaching USD 900 million by 2018.
“With the rapid
growth in China’s manufacturing industry, chemicals industry as well as
plastics industry, more applications and higher consumption of plastics has
been attained over the last couple of years. Polycarbonate Engineering
plastics, in particular have become the fastest growing plastics resin products
owing to their outstanding performance and considerable surge in demand from
end user industries ‘’ according to the Research Analyst, Ken Research.
Key
Topics Covered in the Report:
-
Market Size by Value
-
Market Segmentation by
o
Types of Products
o
By End User Industries
-
Trends and Development
-
SWOT Analysis
-
Government Regulations
-
Entry Barriers
-
Competitive Landscape
-
Future Outlook and Analyst’s Take on the
Future Recommendations
-
Macro Economic Parameters
Key
Products Mentioned in the Report
-
Polyethylene Terephthalate (PET)
-
ABS
-
Polyacetal
-
Polycarbonate
Companies
Covered in the Report
-
Kingfa Science and Technology Limited
-
Formosa ABS plastics
-
Kingfa Scientific and Technological Company
-
Shenma Group
-
China Blue Star Chemical
-
LG Chemical
-
Shanghai Blue Star
-
Mitsubishi Engineering Plastics Corporation
-
Bayer Material Science
-
Kingfa Science and Technology Limited
Related Reports:
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
