US Engineering Plastics Market

US Engineering Plastics Market
  • Report price : $ 4 600
  • Publication date : January 2008

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US Engineering Plastics Market

US demand to rise 3.1% annually through 2012
Demand for engineering plastics will rise 3.1 percent per year to 5.4 billion pounds in 2012, valued at $10.7 billion. Gains will represent a notable acceleration from performance during the 1997-2007 decade, in which a slowdown in motor vehicle and electronics output resulted in sluggish growth in engineering plastics demand. Advances will be driven by a continued trend toward the replacement of metal parts with high-performance plastic resins, which feature advantages such as reduced weight, lower costs and increased durability.

ABS, polycarbonate, nylon to remain top three resins
ABS, polycarbonate and nylon will continue to be the three largest volume engineering plastics, accounting for over three-quarters of total demand in 2012. Of these, the most rapid advances are expected for polycarbonate resins, driven by opportunities in motor vehicles and medical products. ABS demand, on the other hand, will grow at a pace well below the overall average, restrained by market maturity and competition from commodity resins such as polypropylene.

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