North America Engineering Plastics Market Size, Share & Trends Analysis Report By Type, By End-User, By Country and Growth Forecast, 2023

Description

List of Tables

The North America Engineering Plastics Market would witness market growth of 5.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 7,209.2 kilo tonnes, showcasing a growth of 2.5% (2019-2022).

The Automotive sector stands as a significant application area within the Engineering Plastics Market, where materials play a crucial role in enhancing vehicle performance, safety, and fuel efficiency. Engineering plastics offer a diverse range of properties that are well-suited for various automotive applications, including interior, exterior, under-the-hood, and structural components. Thus, the US market would utilize 2,254.0 kilo tonnes of Engineering Plastics material in Automotive sector by 2030.

The US market dominated the North America Engineering Plastics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $28,199.9 million by 2030. The Canada market is registering a CAGR of 7.6% during (2023 - 2030). Additionally, The Mexico market would showcase a CAGR of 6.7% during (2023 - 2030).

Another important property of engineering plastics is their excellent chemical resistance. These materials can withstand various chemicals, making them suitable for corrosive environments. In the healthcare industry, it is used to manufacture medical devices and equipment that require sterilization, such as surgical instruments and medical implants.

It also offers superior thermal properties, including high heat resistance and low thermal conductivity. Elevated temperatures do not cause deformation or loss of properties in electronic devices or automotive engine components, rendering them well-suited for use in such environments. In addition to their mechanical, thermal, and chemical properties, it also offers excellent electrical insulation properties. These materials can be used in electrical and electronic applications where insulation is critical, such as wiring, connectors, and switchgear.

Additionally, according to the ITA, Mexico is the world's seventh-largest passenger vehicle manufacturer, producing 3.5 million vehicles annually. 88% of vehicles produced in Mexico are exported. Additionally, the production of EVs and hybrids totaled 51,065 units in 2022, representing a growth of 8.5 percent compared to 2021. Mexico has seen increased vehicle sales due to a growing middle class, rising disposable incomes, and urbanization. The country's automotive industry has also benefited from trade agreements, like the USMCA (United States-Mexico-Canada Agreement), making it more attractive for automakers to invest in Mexico. Therefore, as these industries continue to grow and evolve, the demand for engineering plastics is expected to remain strong, driving further growth in the market.

Based on Type, the market is segmented into Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Thermoplastic Polyester, Polyacetal, Fluoropolymer, and Others. Based on End-User, the market is segmented into Automotive & Transportation, Electrical & Electronics, Consumer Appliances, Industrial & Machinery, Packaging, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

SABIC (Saudi Arabian Oil Co.)
Lanxess AG
Solvay SA
Evonik Industries AG (RAG-Stiftung)
Arkema S.A.
LG Chem Ltd. (LG Corporation)
Bayer AG
BASF SE
Celanese Corporation
DuPont de Nemours, Inc.

North America Engineering Plastics Market Report Segmentation

By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Acrylonitrile Butadiene Styrene
Polyamide
Polycarbonate
Thermoplastic Polyester
Polyacetal
Fluoropolymer
Others

By End-User (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Automotive & Transportation
Electrical & Electronics
Consumer Appliances
Industrial & Machinery
Packaging
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Engineering Plastics Market, by Type
- 1.4.2North America Engineering Plastics Market, by End-User
- 1.4.3North America Engineering Plastics Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.Strategies Deployed in Engineering Plastics Market

Chapter 5.North America Engineering Plastics Market by Type

5.1North America Acrylonitrile Butadiene Styrene Market by Country
5.2North America Polyamide Market by Country
5.3North America Polycarbonate Market by Country
5.4North America Thermoplastic Polyester Market by Country
5.5North America Polyacetal Market by Country
5.6North America Fluoropolymer Market by Country
5.7North America Others Market by Country

Chapter 6.North America Engineering Plastics Market by End-User

6.1North America Automotive & Transportation Market by Country
6.2North America Electrical & Electronics Market by Country
6.3North America Consumer Appliances Market by Country
6.4North America Industrial & Machinery Market by Country
6.5North America Packaging Market by Country
6.6North America Others Market by Country

Chapter 7.North America Engineering Plastics Market by Country

7.1US Engineering Plastics Market
- 7.1.1US Engineering Plastics Market by Type
- 7.1.2US Engineering Plastics Market by End-User
7.2Canada Engineering Plastics Market
- 7.2.1Canada Engineering Plastics Market by Type
- 7.2.2Canada Engineering Plastics Market by End-User
7.3Mexico Engineering Plastics Market
- 7.3.1Mexico Engineering Plastics Market by Type
- 7.3.2Mexico Engineering Plastics Market by End-User
7.4Rest of North America Engineering Plastics Market
- 7.4.1Rest of North America Engineering Plastics Market by Type
- 7.4.2Rest of North America Engineering Plastics Market by End-User

Chapter 8.Company Profiles

8.1SABIC (Saudi Arabian Oil Company)
- 8.1.1Company Overview
- 8.1.2Financial Analysis
- 8.1.3Segmental and Regional Analysis
- 8.1.4Recent strategies and developments:
  - 8.1.4.1Partnerships, Collaborations, and Agreements:
  - 8.1.4.2Product Launches and Product Expansions:
- 8.1.5SWOT Analysis
8.2Lanxess AG
- 8.2.1Company Overview
- 8.2.2Financial Analysis
- 8.2.3Segmental and Regional Analysis
- 8.2.4Research & Development Expenses
- 8.2.5Recent strategies and developments:
  - 8.2.5.1Partnerships, Collaborations, and Agreements:
  - 8.2.5.2Acquisition and Mergers:
- 8.2.6SWOT Analysis
8.3Solvay SA
- 8.3.1Company Overview
- 8.3.2Financial Analysis
- 8.3.3Segmental and Regional Analysis
- 8.3.4Research & Development Expenses
- 8.3.5SWOT Analysis
8.4Evonik Industries AG (RAG-Stiftung)
- 8.4.1Company Overview
- 8.4.2Financial Analysis
- 8.4.3Segmental and Regional Analysis
- 8.4.4Research & Development Expenses
- 8.4.5SWOT Analysis
8.5Arkema S.A.
- 8.5.1Company Overview
- 8.5.2Financial Analysis
- 8.5.3Segmental and Regional Analysis
- 8.5.4Research & Development Expenses
- 8.5.5SWOT Analysis
8.6LG Chem Ltd. (LG Corporation)
- 8.6.1Company Overview
- 8.6.2Financial Analysis
- 8.6.3Segmental and Regional Analysis
- 8.6.4Recent strategies and developments:
  - 8.6.4.1Product Launches and Product Expansions:
- 8.6.5SWOT Analysis
8.7Bayer AG
- 8.7.1Company Overview
- 8.7.2Financial Analysis
- 8.7.3Segmental and Regional Analysis
- 8.7.4Research & Development Expense
- 8.7.5SWOT Analysis
8.8BASF SE
- 8.8.1Company Overview
- 8.8.2Financial Analysis
- 8.8.3Segmental and Regional Analysis
- 8.8.4Research & Development Expense
- 8.8.5Recent strategies and developments:
  - 8.8.5.1Acquisition and Mergers:
  - 8.8.5.2Geographical Expansions:
- 8.8.6SWOT Analysis
8.9Celanese Corporation
- 8.9.1Company Overview
- 8.9.2Financial Analysis
- 8.9.3Segmental and Regional Analysis
- 8.9.4Research & Development Expenses
- 8.9.5Recent strategies and developments:
  - 8.9.5.1Partnerships, Collaborations, and Agreements:
  - 8.9.5.2Acquisition and Mergers:
- 8.9.6SWOT Analysis
8.10.DuPont de Nemours, Inc.
- 8.10.1Company Overview
- 8.10.2Financial Analysis
- 8.10.3Segmental and Regional Analysis
- 8.10.4Research & Development Expense
- 8.10.5SWOT Analysis

LIST OF TABLES

TABLE 1North America Engineering Plastics Market, 2019 - 2022, USD Million
TABLE 2North America Engineering Plastics Market, 2023 - 2030, USD Million
TABLE 3North America Engineering Plastics Market, 2019 - 2022, Kilo Tonnes
TABLE 4North America Engineering Plastics Market, 2023 - 2030, Kilo Tonnes
TABLE 5North America Engineering Plastics Market by Type, 2019 - 2022, USD Million
TABLE 6North America Engineering Plastics Market by Type, 2023 - 2030, USD Million
TABLE 7North America Engineering Plastics Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 8North America Engineering Plastics Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 9North America Acrylonitrile Butadiene Styrene Market by Country, 2019 - 2022, USD Million
TABLE 10North America Acrylonitrile Butadiene Styrene Market by Country, 2023 - 2030, USD Million
TABLE 11North America Acrylonitrile Butadiene Styrene Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12North America Acrylonitrile Butadiene Styrene Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13North America Polyamide Market by Country, 2019 - 2022, USD Million
TABLE 14North America Polyamide Market by Country, 2023 - 2030, USD Million
TABLE 15North America Polyamide Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16North America Polyamide Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17North America Polycarbonate Market by Country, 2019 - 2022, USD Million
TABLE 18North America Polycarbonate Market by Country, 2023 - 2030, USD Million
TABLE 19North America Polycarbonate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20North America Polycarbonate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21North America Thermoplastic Polyester Market by Country, 2019 - 2022, USD Million
TABLE 22North America Thermoplastic Polyester Market by Country, 2023 - 2030, USD Million
TABLE 23North America Thermoplastic Polyester Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24North America Thermoplastic Polyester Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25North America Polyacetal Market by Country, 2019 - 2022, USD Million
TABLE 26North America Polyacetal Market by Country, 2023 - 2030, USD Million
TABLE 27North America Polyacetal Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28North America Polyacetal Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29North America Fluoropolymer Market by Country, 2019 - 2022, USD Million
TABLE 30North America Fluoropolymer Market by Country, 2023 - 2030, USD Million
TABLE 31North America Fluoropolymer Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32North America Fluoropolymer Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33North America Others Market by Country, 2019 - 2022, USD Million
TABLE 34North America Others Market by Country, 2023 - 2030, USD Million
TABLE 35North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37North America Engineering Plastics Market by End-User, 2019 - 2022, USD Million
TABLE 38North America Engineering Plastics Market by End-User, 2023 - 2030, USD Million
TABLE 39North America Engineering Plastics Market by End-User, 2019 - 2022, Kilo Tonnes
TABLE 40North America Engineering Plastics Market by End-User, 2023 - 2030, Kilo Tonnes
TABLE 41North America Automotive & Transportation Market by Country, 2019 - 2022, USD Million
TABLE 42North America Automotive & Transportation Market by Country, 2023 - 2030, USD Million
TABLE 43North America Automotive & Transportation Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44North America Automotive & Transportation Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45North America Electrical & Electronics Market by Country, 2019 - 2022, USD Million
TABLE 46North America Electrical & Electronics Market by Country, 2023 - 2030, USD Million
TABLE 47North America Electrical & Electronics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48North America Electrical & Electronics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49North America Consumer Appliances Market by Country, 2019 - 2022, USD Million
TABLE 50North America Consumer Appliances Market by Country, 2023 - 2030, USD Million
TABLE 51North America Consumer Appliances Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52North America Consumer Appliances Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53North America Industrial & Machinery Market by Country, 2019 - 2022, USD Million
TABLE 54North America Industrial & Machinery Market by Country, 2023 - 2030, USD Million
TABLE 55North America Industrial & Machinery Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56North America Industrial & Machinery Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57North America Packaging Market by Country, 2019 - 2022, USD Million
TABLE 58North America Packaging Market by Country, 2023 - 2030, USD Million
TABLE 59North America Packaging Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60North America Packaging Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61North America Others Market by Country, 2019 - 2022, USD Million
TABLE 62North America Others Market by Country, 2023 - 2030, USD Million
TABLE 63North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65North America Engineering Plastics Market by Country, 2019 - 2022, USD Million
TABLE 66North America Engineering Plastics Market by Country, 2023 - 2030, USD Million
TABLE 67North America Engineering Plastics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 68North America Engineering Plastics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 69US Engineering Plastics Market, 2019 - 2022, USD Million
TABLE 70US Engineering Plastics Market, 2023 - 2030, USD Million
TABLE 71US Engineering Plastics Market, 2019 - 2022, Kilo Tonnes
TABLE 72US Engineering Plastics Market, 2023 - 2030, Kilo Tonnes
TABLE 73US Engineering Plastics Market by Type, 2019 - 2022, USD Million
TABLE 74US Engineering Plastics Market by Type, 2023 - 2030, USD Million
TABLE 75US Engineering Plastics Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 76US Engineering Plastics Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 77US Engineering Plastics Market by End-User, 2019 - 2022, USD Million
TABLE 78US Engineering Plastics Market by End-User, 2023 - 2030, USD Million
TABLE 79US Engineering Plastics Market by End-User, 2019 - 2022, Kilo Tonnes
TABLE 80US Engineering Plastics Market by End-User, 2023 - 2030, Kilo Tonnes
TABLE 81Canada Engineering Plastics Market, 2019 - 2022, USD Million
TABLE 82Canada Engineering Plastics Market, 2023 - 2030, USD Million
TABLE 83Canada Engineering Plastics Market, 2019 - 2022, Kilo Tonnes
TABLE 84Canada Engineering Plastics Market, 2023 - 2030, Kilo Tonnes
TABLE 85Canada Engineering Plastics Market by Type, 2019 - 2022, USD Million
TABLE 86Canada Engineering Plastics Market by Type, 2023 - 2030, USD Million
TABLE 87Canada Engineering Plastics Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 88Canada Engineering Plastics Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 89Canada Engineering Plastics Market by End-User, 2019 - 2022, USD Million
TABLE 90Canada Engineering Plastics Market by End-User, 2023 - 2030, USD Million
TABLE 91Canada Engineering Plastics Market by End-User, 2019 - 2022, Kilo Tonnes
TABLE 92Canada Engineering Plastics Market by End-User, 2023 - 2030, Kilo Tonnes
TABLE 93Mexico Engineering Plastics Market, 2019 - 2022, USD Million
TABLE 94Mexico Engineering Plastics Market, 2023 - 2030, USD Million
TABLE 95Mexico Engineering Plastics Market, 2019 - 2022, Kilo Tonnes
TABLE 96Mexico Engineering Plastics Market, 2023 - 2030, Kilo Tonnes
TABLE 97Mexico Engineering Plastics Market by Type, 2019 - 2022, USD Million
TABLE 98Mexico Engineering Plastics Market by Type, 2023 - 2030, USD Million
TABLE 99Mexico Engineering Plastics Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 100Mexico Engineering Plastics Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 101Mexico Engineering Plastics Market by End-User, 2019 - 2022, USD Million
TABLE 102Mexico Engineering Plastics Market by End-User, 2023 - 2030, USD Million
TABLE 103Mexico Engineering Plastics Market by End-User, 2019 - 2022, Kilo Tonnes
TABLE 104Mexico Engineering Plastics Market by End-User, 2023 - 2030, Kilo Tonnes
TABLE 105Rest of North America Engineering Plastics Market, 2019 - 2022, USD Million
TABLE 106Rest of North America Engineering Plastics Market, 2023 - 2030, USD Million
TABLE 107Rest of North America Engineering Plastics Market, 2019 - 2022, Kilo Tonnes
TABLE 108Rest of North America Engineering Plastics Market, 2023 - 2030, Kilo Tonnes
TABLE 109Rest of North America Engineering Plastics Market by Type, 2019 - 2022, USD Million
TABLE 110Rest of North America Engineering Plastics Market by Type, 2023 - 2030, USD Million
TABLE 111Rest of North America Engineering Plastics Market by Type, 2019 - 2022, Kilo Tonnes
TABLE 112Rest of North America Engineering Plastics Market by Type, 2023 - 2030, Kilo Tonnes
TABLE 113Rest of North America Engineering Plastics Market by End-User, 2019 - 2022, USD Million
TABLE 114Rest of North America Engineering Plastics Market by End-User, 2023 - 2030, USD Million
TABLE 115Rest of North America Engineering Plastics Market by End-User, 2019 - 2022, Kilo Tonnes
TABLE 116Rest of North America Engineering Plastics Market by End-User, 2023 - 2030, Kilo Tonnes
TABLE 117Key Information - SABIC
TABLE 118Key Information - Lanxess AG
TABLE 119Key Information - Solvay SA
TABLE 120Key Information - Evonik Industries AG
TABLE 121Key information - Arkema S.A.
TABLE 122key information - LG Chem Ltd.
TABLE 123Key Information - Bayer AG
TABLE 124Key Information - BASF SE
TABLE 125Key Information - Celanese Corporation
TABLE 126Key Information -DuPont de Nemours, Inc.

North America Engineering Plastics Market Size, Share & Trends Analysis Report By Type, By End-User, By Country and Growth Forecast, 2023 - 2030