Market Forecasts and Industry Analysis India Engineering Plastics Market Expected to augm | Page 2
Engineering plastics have gradually replaced traditional engineering materials such as wood or metal
in many applications. In the midst of unique properties such as lower weight and higher strength,
engineering plastics are much easier to manufacture, especially in complicated shapes. Hence, 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. Furthermore, the growth in Asian economies is likely to be driven by increasing usage of
engineering plastics in segments including electrical & electronics segment, automotive and
construction sector. Engineering plastics are superior to general-purpose plastics in terms of heat
resistance, transparency and mechanical features.
ABS is the second largest engineering plastic segment in India, owing to its widespread applications in
automotive industry, which has been growing at a very rapid pace. The global demand for ABS and
SAN resin is about 18 million tonnes as recorded during FY’2010.
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Key Topics Covered In The Report
- The market size of the India Engineering Plastics Market in terms of Domestic Revenues
- Market segmentation of the Engineering Plastics Market of India on the basis of types of products
- Market segmentation of the Engineering Plastics Market of India on the basis of end user
applications.
- The market size of the PET engineering plastics resin market by domestic sales value, production
volume- coverage on export by value and volume and major destinations and market share for major
players.
- The market size of the Polyamide engineering plastics resin market by domestic sales value,
production volume- coverage on export and import by value and volume and major destinations and
market share for major players.
- The market size of the ABS engineering plastics resin market by domestic sales value, production
volume- coverage on export and import by value and volume and major destinations and market
share for major players.
- The market size of the Polycarbonate engineering plastics resin market by domestic demand,
coverage on export and import by volume & major destinations.
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