Engineering Plastics(pa) - List of Manufacturers, Suppliers, Companies and Products | IPROS GMS

[English Market Research Report] The Global Market for Engineering Plastics

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The engineering plastics market size is expected to grow at a CAGR of 5.7% during the forecast period, reaching USD 163.4 billion by 2030. In 2022, the market reached 35,419.9 kilotons, experiencing a growth of 2.9% from 2019 to 2022. Furthermore, due to their excellent electrical insulation properties, these materials are highly suitable for various applications in this segment. Components such as connectors, switches, and housings require materials that effectively insulate current and prevent short circuits. As a result, engineering plastics manufacturers are expected to see an increase in demand for their products in the E&E segment.