Technical Plastics Continue Trading On The Rise

Ceresana delivers world’s first complete market analysis to high-performance plastics for years technical plastics achieve higher growth rates than standard plastics. Due to its physical and chemical properties, already numerous industrial, electrical and electronic components as well as everyday objects consist of technical plastics. This trend will further strengthen in the face of rising demand for ever more powerful and lighter materials. The Ceresana Research expects that worldwide sales of engineering plastics will rise to around 90 billion US dollars by the year 2020. Detailed market analysis and structured representation Ceresana has the entire market of engineering plastics as well as different types of plastics (ABS, PC, PA, PMMA, POM, PBT, SAN, fluoropolymers) comprehensively analyzed. The study provides both consumption, revenue, production and trade figures for the overall market, as well as amounts of demand and sales of individual plastics.

With the report all relevant facts and figures are for the first time to This market covered. Producers, processors and traders and other market participants with the basis of the prepared information for their strategic and tactical planning. Regional and product-specific differences in global terms the electrical and electronics industry and consumer products are the most important markets for many technical plastics. Almost 25% of global demand quantities come each from these two areas,”explains Oliver Kutsch, Managing Director of Ceresana. Largest single market is followed by products for the construction industry the automotive industry. Here significant differences of regional perspective.

So the largest sales market is while in Asia-Pacific demand for consumer products in Western Europe the vehicle industry, like almost 30% of consumption of coffee, dishwashers and washing machines, toys and sporting goods. There are differences between each type of product. While in polyamide (PA) the automotive industry with a share of about 35% the largest buyer is to dominate global demand such as acrylonitrile butadiene styrene (ABS) household and consumer products.