Middle East Engineering Plastics Market Size
Market Overview
| Study Period | 2017 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 4.33 Billion |
| Market Size (2029) | USD 6.18 Billion |
| Growth Rate (2024 - 2029) | 7.38% CAGR |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Middle East Engineering Plastics Market Analysis
The Middle East Engineering Plastics Market size is estimated at 4.33 billion USD in 2024, and is expected to reach 6.18 billion USD by 2029, growing at a CAGR of 7.38% during the forecast period (2024-2029).
The Middle East engineering plastics industry is undergoing a significant transformation driven by technological advancements and digital innovation. The integration of artificial intelligence, IoT devices, and the advent of 5G technology are revolutionizing manufacturing processes and end-use applications across the region. This digital transformation is particularly evident in the electronics sector, where the demand for advanced polymers and materials continues to surge. The rapid adoption of smart manufacturing technologies and automation solutions is enhancing production efficiency and product quality. The region's commitment to technological advancement is reflected in substantial investments in research and development facilities, fostering innovation in engineering plastic applications.
The region's manufacturing capabilities are expanding through strategic infrastructure developments and capacity enhancement initiatives. Major petrochemical companies are establishing integrated production facilities to streamline their supply chains and reduce dependence on imports. The plastic packaging sector exemplifies this growth, with production volumes projected to reach 6,765 kilotons by 2029 from 4,753 kilotons in 2022. These manufacturing expansions are accompanied by investments in advanced processing technologies and quality control systems. The development of specialized industrial zones and manufacturing clusters is creating ecosystems that support the entire value chain of industrial plastics production.
Sustainability has emerged as a crucial focus area in the Middle East engineering plastics industry, with companies increasingly adopting circular economy principles. Leading manufacturers are investing in recycling technologies and developing eco-friendly product variants to address environmental concerns. The implementation of waste management strategies and recycling initiatives is gaining momentum across the region. Companies are also focusing on reducing energy consumption and carbon emissions in their production processes, aligning with global sustainability standards and regional environmental regulations.
The industry is benefiting from broader economic diversification efforts across the Middle East, particularly in the Gulf Cooperation Council (GCC) countries. The robust growth of end-user industries is creating new opportunities for performance plastics applications. The consumer electronics sector in Saudi Arabia, for instance, is projected to reach USD 6.73 billion by 2027 from USD 3.99 billion in 2023, while the UAE's electronics industry is expected to grow to USD 3.32 billion by 2027 from USD 2.41 billion in 2023. This industrial diversification is supported by government initiatives promoting local manufacturing and reducing dependence on oil revenues. The development of specialized industrial clusters and free zones is attracting international investments and fostering technology transfer in the industrial polymers sector.
Middle East Engineering Plastics Market Trends
Growing investments from the government and private players
- In the Middle East, Saudi Arabia is quickly emerging as one of the key markets for the electrical and electronics industry. Aside from the oil and gas industry, the country has a sizable consumer base and a broad range of industrial pursuits, contributing to the rapid annual increase in production for the electrical and electronics industry. Thus, electrical and electronics production in the region registered a CAGR of 18% from 2017 to 2019 in revenue terms.
- In 2020, the demand for consumer electronics for remote working and home entertainment increased due to the COVID-19 pandemic. In 2020, Saudi Arabia registered the highest smartphone penetration rate, around 97%, in the world, which enabled approximately 60% of Saudi customers to discover new sellers through social networks. Saudi Arabia faced a higher rate of e-commerce growth, nearly 60% (between 2019 and 2020), mainly due to the pandemic. The revenue from electrical and electronics production increased by 1.8% compared to the previous year.
- Electrical and electronic production is expected to witness a CAGR of 8.51% in value during the forecast period (2023-2029). The major driving component behind the growth is likely to be the growing investments from the government and the manufacturers like Samsung. Samsung has also been pitching its 5G wireless technology to the Middle East. Saudi Arabia implemented a 5G network in line with the Vision 2030 initiative. All such factors are expected to boost electronics production over the forecast period in the region.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Growing aircraft manufacturing capabilities to boost component production
- Rapid urbanization expected to drive the construction industry
- Israel dominating imports and exports of polyamides
- The United Arab Emirates to dominate PET resin trade
- Israel to dominate POM trade in the Middle East
- Volatile crude oil prices, coupled with geopolitical factors, to dictate resin prices
- Methods being developed to use eco-friendly glycerol to recycle PC to recover up to 98% of the plastic's monomer
- Growing Electrical waste of around 2.8 million tons is an opportunity for many ABS manufacturers across the region to produce R-ABS
- Lower interest rates and fuel rates to aid growth
- Saudi Arabia to lead the export and import of fluoropolymer
- Israel and Saudi Arabia dominating PC resin imports
- Israel and the United Arab Emirates to be the top importers of PMMA
- High production capacity makes Saudi Arabia the major exporter of ABS and SAN
- Saudi Arabia aims for a circular economy as part of its vision for 2030 which will promote recycling of engineering plastics
- The PET recycling rate in Saudi Arabia stood at 5-10% while the United Arab Emirates at 4-5% in 2021
Segment Analysis: End User Industry
Packaging Segment in Middle East Engineering Plastics Market
The packaging segment dominates the Middle East engineering plastics market, holding approximately 33% market share in 2024. This significant market position is driven by the increasing consumer shift toward convenience food and the adoption of on-the-go lifestyles, along with a growing preference for ready-to-eat food products. The emerging trend of online shopping from e-commerce websites has further accelerated the demand for engineering plastics in packaging applications. The segment's growth is particularly notable in Saudi Arabia, where the food and beverage industry stands as the largest in the Middle East, valued at around USD 45 billion. The plastic packaging production volume in the region is expected to reach substantial levels, driven by changing consumer preferences and the booming e-commerce industry.
Electrical and Electronics Segment in Middle East Engineering Plastics Market
The electrical and electronics segment is emerging as the fastest-growing sector in the Middle East engineering plastics market, projected to expand at approximately 10% CAGR from 2024 to 2029. This remarkable growth is primarily attributed to the rapid pace of technological advancements, including the Internet of Things (IoT) and the advent of 5G networks. The United Arab Emirates is leading this growth trajectory, particularly in consumer electronics development. The increasing adoption of engineering plastics in this sector is driven by their superior properties such as lightweight characteristics, good impact resistance, higher flexibility, and fire resistivity. The segment's expansion is further supported by regional initiatives like Saudi Arabia's Vision 2030 and the UAE's focus on Fourth Industrial Revolution (4IR) technologies, which are advancing automation and digital transformation across the region.
Remaining Segments in End User Industry
The other significant segments in the Middle East engineering plastics market include aerospace plastics, building and construction, automotive plastics, and industrial machinery sectors. The aerospace segment maintains a strong presence due to the increasing demand for lightweight components and high-performance materials. The building and construction sector benefits from ongoing infrastructure development projects across the region, particularly in Saudi Arabia and the UAE. The automotive segment continues to evolve with the increasing adoption of electric vehicles and lightweight materials, while the industrial machinery sector grows steadily with the region's focus on manufacturing capabilities. Each of these segments contributes uniquely to the market's dynamics, driven by specific technological requirements and regional development initiatives.
Segment Analysis: Resin Type
PET Segment in Middle East Engineering Plastics Market
Polyethylene terephthalate (PET) dominates the Middle East engineering plastics market, holding approximately 39% market share in 2024. The segment's leadership position is primarily driven by its extensive use in the packaging industry, particularly in food and beverage applications, where PET's physicochemical properties including rigidity, high transparency, and ability to protect product freshness make it an ideal choice. The material's growing adoption in bottle packaging, container packaging, and films/sheets applications further strengthens its market position. Saudi Arabia plays a crucial role in the PET segment, accounting for about 44% of the regional consumption, supported by the country's robust food and beverage industry infrastructure and strategic location for exports.
LCP Segment in Middle East Engineering Plastics Market
The Liquid Crystal Polymer (LCP) segment is emerging as the fastest-growing category in the Middle East engineering plastics market, projected to expand at a remarkable rate during 2024-2029. This exceptional growth is primarily attributed to the rapid adoption of microinjection molding techniques in high-end electrical devices manufacturing. LCP's unique properties, including high stiffness, excellent stability at elevated temperatures, and exceptional flexibility, make it particularly valuable in the electrical and electronics industry. The material's increasing application in aerospace and medical devices, where precise circuits are essential for accurate data delivery, further drives its growth trajectory. The segment's expansion is also supported by the growing demand for electronic appliances like laptops and cell phones in the region.
Remaining Segments in Resin Type
The Middle East engineering plastics market encompasses several other significant resin types, each serving specific industrial applications. Polycarbonate (PC) maintains a strong presence due to its exceptional durability and optical clarity, particularly in construction and automotive applications. ABS plastic and SAN copolymers are valued for their balance of properties and cost-effectiveness in various applications. PMMA continues to find applications in optical and lighting solutions, while POM serves specialized engineering requirements. PEEK plastic, despite its smaller market share, plays a crucial role in high-performance applications. Each of these segments contributes to the market's diversity and serves specific industrial needs across the region's growing manufacturing sector.
Middle East Engineering Plastics Market Geography Segment Analysis
Engineering Plastics Market in Saudi Arabia
Saudi Arabia dominates the Middle Eastern engineering plastics market, holding approximately 30% market share in 2024. The country's leadership position is strengthened by its robust petrochemical infrastructure and the presence of major manufacturers like SABIC. The packaging industry serves as the primary driver of engineering plastics consumption, particularly in food and beverage applications, where the country maintains its position as the largest food and beverage market in the Middle East. The government's Vision 2030 initiative has catalyzed significant investments in manufacturing capabilities, particularly in high-performance engineering plastics. The country's electrical and electronics sector demonstrates remarkable potential, with the consumer electronics industry projected to reach substantial growth milestones. Furthermore, Saudi Arabia's commitment to developing smart cities and industrial clusters has created additional demand channels for engineering plastics across various applications. The country's strategic location and well-developed export infrastructure enable it to serve as a regional hub for engineering plastics distribution. The presence of advanced research and development facilities has also positioned Saudi Arabia as a center for innovation in engineering plastics technology.
Engineering Plastics Market in United Arab Emirates
The United Arab Emirates represents a dynamic market for engineering plastics, driven by its ambitious industrial diversification initiatives and technological advancement programs. The country's focus on Fourth Industrial Revolution (4IR) technologies has created substantial opportunities for engineering plastics in advanced manufacturing applications. The construction sector remains a significant consumer of engineering plastics, particularly in innovative architectural applications and sustainable building solutions. The UAE's position as a global trade hub has facilitated the growth of its packaging industry, creating sustained demand for engineering plastics materials. The country's commitment to developing its aerospace and defense sectors has generated specialized applications for high-performance engineering plastics. Additionally, the UAE's strong focus on renewable energy projects, particularly in solar power installations, has created new avenues for engineering plastics consumption. The government's supportive policies toward manufacturing sector development and foreign investment have attracted several international engineering plastics manufacturers to establish operations in the country. The UAE's strategic emphasis on becoming a knowledge-based economy has also spurred research and development activities in advanced materials, including thermoplastic and polycarbonate solutions.
Engineering Plastics Market in Iran
Iran's engineering plastics market demonstrates significant potential, supported by its large domestic manufacturing base and diverse industrial applications. The country's automotive sector serves as a crucial demand driver, with local manufacturers increasingly incorporating engineering plastics to achieve weight reduction and improve fuel efficiency. Iran's robust petrochemical industry provides a strong foundation for engineering plastics production, enabling vertical integration opportunities. The country's electrical and electronics manufacturing sector has shown remarkable growth, particularly in consumer electronics and industrial equipment production. Iran's focus on developing its domestic manufacturing capabilities has led to increased adoption of engineering plastics in various industrial applications. The country's large population and growing middle class have driven demand for consumer goods, creating sustained demand for engineering plastics materials. Additionally, Iran's construction sector continues to generate significant demand for engineering plastics in various applications, from pipes and fittings to architectural elements. The country's emphasis on industrial self-reliance has fostered the development of local engineering plastics processing capabilities and technical expertise.
Engineering Plastics Market in Israel
Israel's engineering plastics market is characterized by its high-tech orientation and focus on innovative applications. The country's advanced electronics and semiconductor industry drives significant demand for high-performance engineering plastics in specialized applications. Israel's strong medical device manufacturing sector creates consistent demand for engineering plastics that meet stringent healthcare requirements. The country's emphasis on research and development has led to the development of novel applications for engineering plastics in emerging technologies. Israel's defense industry serves as another crucial market for high-performance engineering plastics, particularly in aerospace and military applications. The country's well-developed innovation ecosystem has fostered collaboration between industry and academia, leading to advancements in engineering plastics technology. Additionally, Israel's focus on water management and agricultural technology has created unique applications for engineering plastics in these sectors. The presence of numerous technology startups and research institutions continues to drive innovation in engineering plastics applications and processing technologies.
Engineering Plastics Market in Other Countries
The engineering plastics market in other Middle Eastern countries, including Qatar, Kuwait, Oman, and Bahrain, exhibits varying degrees of development and specialization. These markets are characterized by their focus on specific industrial sectors and applications, often aligned with their national development priorities. The Gulf Cooperation Council (GCC) countries benefit from strong regional integration and trade relationships, facilitating the flow of engineering plastics and related technologies. These markets show particular strength in applications related to oil and gas infrastructure, construction, and utilities. The growing emphasis on economic diversification across these countries has led to increased investment in manufacturing capabilities, creating new opportunities for engineering plastics applications. The development of special economic zones and industrial clusters in these countries has attracted international manufacturers and processors of engineering plastics. Additionally, the increasing focus on sustainability and environmental protection has driven interest in advanced engineering plastics solutions across various industries in these markets.
Middle East Engineering Plastics Industry Overview
Top Companies in Middle East Engineering Plastics Market
The leading companies in the Middle East engineering plastics market are demonstrating a strong commitment to innovation and sustainability initiatives. Product development efforts are primarily focused on creating sustainable solutions, including recycled grades and bio-based alternatives, while also enhancing performance characteristics for demanding applications. Companies are strengthening their operational capabilities through vertical integration, particularly in raw material production, to ensure supply chain stability and cost advantages. Strategic moves in the region are centered around capacity expansions, especially in Saudi Arabia and the UAE, along with technology licensing agreements with global players. The industry is witnessing increased investment in research and development facilities, with companies establishing innovation centers to develop customized solutions for regional applications. Market leaders are also expanding their distribution networks and technical support services to better serve the growing demand from end-user industries.
Highly Consolidated Market Led By Regional Players
The Middle East engineering plastics market exhibits a highly consolidated structure dominated by regional petrochemical conglomerates with strong backward integration capabilities. These major players leverage their proximity to feedstock sources and established relationships with local customers to maintain their market positions. The market is characterized by the presence of joint ventures between regional petrochemical giants and global technology leaders, combining local manufacturing capabilities with advanced technical expertise. The competitive landscape is further shaped by the significant presence of state-owned enterprises, particularly in Saudi Arabia and Iran, which benefit from government support and preferential access to raw materials.
Merger and acquisition activity in the market is primarily driven by vertical integration objectives and technology acquisition needs. Companies are increasingly pursuing strategic partnerships and joint ventures to access new technologies and expand their product portfolios. The market has witnessed several significant acquisitions, particularly in the PET segment, as companies seek to consolidate their positions and achieve economies of scale. Local players are also forming alliances with international companies to enhance their technical capabilities and expand their global reach, while international players are establishing a local manufacturing presence through partnerships with regional leaders.
Innovation and Sustainability Drive Future Success
For incumbent players to maintain and expand their market share, a focus on sustainable product development and technological innovation will be crucial. Companies need to invest in developing eco-friendly solutions while maintaining cost competitiveness through operational efficiency. Success will depend on the ability to offer comprehensive product portfolios that address specific regional requirements while meeting international standards. Building strong relationships with end-users through technical support and customization capabilities will be essential. Companies must also strengthen their distribution networks and establish strategic partnerships to enhance their market presence.
New entrants and challenger companies can gain ground by focusing on niche applications and underserved market segments. Success factors include developing specialized products for high-growth applications in the electronics and automotive sectors, while establishing strong technical support capabilities. Companies must navigate the regulatory landscape, particularly regarding environmental regulations and recycling requirements, which are becoming increasingly stringent in the region. The ability to offer innovative solutions that address sustainability concerns while maintaining performance standards will be critical. Market players must also consider the concentration of end-users in specific geographic clusters and develop targeted strategies to serve these markets effectively. The development of technical plastics and industrial plastics for these niche applications can provide a competitive edge.
Middle East Engineering Plastics Market Leaders
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Alfa S.A.B. de C.V.
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IVL Dhunseri Petrochem Industries Private Limited (IDPIPL)
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JBF Industries Ltd
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SABIC
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Shahid Tondgooyan Petrochemical Company
- *Disclaimer: Major Players sorted in no particular order
Middle East Engineering Plastics Market News
- November 2022: Celanese Corporation completed the acquisition of the Mobility & Materials (“M&M”) business of DuPont. This acquisition enhanced the company's product portfolio of engineered thermoplastics through the addition of well-recognized brands and intellectual properties of DuPont.
- June 2022: Alpek acquired OCTAL, which increased Alpek's PET resin capacity by 576,000 tons, helping it meet customers' increased demand.
- March 2022: Celanese Corporation announced the completion of the restructuring of Korea Engineering Plastics Co. (KEP), a joint venture owned 50% by Celanese and 50% by Mitsubishi Gas Chemical Company Inc. With the completion, Celanese had access to approximately 70KTA of POM production in Asia and corresponding global marketing rights.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.
List of Tables & Figures
- Figure 1:
- PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, MIDDLE EAST, 2017 - 2029
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, MIDDLE EAST, 2017 - 2029
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, MIDDLE EAST, 2017 - 2029
- Figure 4:
- PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, MIDDLE EAST, 2017 - 2029
- Figure 5:
- PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, MIDDLE EAST, 2017 - 2029
- Figure 6:
- IMPORT REVENUE OF FLUOROPOLYMER TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 7:
- EXPORT REVENUE OF FLUOROPOLYMER TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 8:
- IMPORT REVENUE OF POLYAMIDE (PA) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 9:
- EXPORT REVENUE OF POLYAMIDE (PA) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 10:
- IMPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 11:
- EXPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 12:
- IMPORT REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 13:
- EXPORT REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 14:
- IMPORT REVENUE OF POLYMETHYL METHACRYLATE (PMMA) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 15:
- EXPORT REVENUE OF POLYMETHYL METHACRYLATE (PMMA) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 16:
- IMPORT REVENUE OF POLYOXYMETHYLENE (POM) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 17:
- EXPORT REVENUE OF POLYOXYMETHYLENE (POM) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 18:
- IMPORT REVENUE OF STYRENE COPOLYMERS (ABS AND SAN) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 19:
- EXPORT REVENUE OF STYRENE COPOLYMERS (ABS AND SAN) TRADE BY TOP COUNTRIES, USD, MIDDLE EAST, 2017 - 2021
- Figure 20:
- PRICE OF ENGINEERING PLASTICS BY RESIN TYPE, USD PER KG, SAUDI ARABIA, 2017 - 2021
- Figure 21:
- PRICE OF ENGINEERING PLASTICS BY RESIN TYPE, USD PER KG, UNITED ARAB EMIRATES, 2017 - 2021
- Figure 22:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 23:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 24:
- VOLUME OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 25:
- VALUE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 26:
- VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 27:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 28:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 29:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 30:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY BY RESIN TYPE, %, MIDDLE EAST, 2022 VS 2029
- Figure 31:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 32:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 33:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN TYPE, %, MIDDLE EAST, 2022 VS 2029
- Figure 34:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 35:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 36:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN TYPE, %, MIDDLE EAST, 2022 VS 2029
- Figure 37:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 38:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 39:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY RESIN TYPE, %, MIDDLE EAST, 2022 VS 2029
- Figure 40:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 41:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 42:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY RESIN TYPE, %, MIDDLE EAST, 2022 VS 2029
- Figure 43:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 44:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 45:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY BY RESIN TYPE, %, MIDDLE EAST, 2022 VS 2029
- Figure 46:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 47:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 48:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN TYPE, %, MIDDLE EAST, 2022 VS 2029
- Figure 49:
- VOLUME OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, TONS, MIDDLE EAST, 2017 - 2029
- Figure 50:
- VALUE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, USD, MIDDLE EAST, 2017 - 2029
- Figure 51:
- VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 52:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 53:
- VOLUME OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, TONS, MIDDLE EAST, 2017 - 2029
- Figure 54:
- VALUE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, USD, MIDDLE EAST, 2017 - 2029
- Figure 55:
- VOLUME SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 56:
- VALUE SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 57:
- VOLUME OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 58:
- VALUE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 59:
- VALUE SHARE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 60:
- VOLUME OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 61:
- VALUE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 62:
- VALUE SHARE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 63:
- VOLUME OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 64:
- VALUE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 65:
- VALUE SHARE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 66:
- VOLUME OF POLYVINYLFLUORIDE (PVF) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 67:
- VALUE OF POLYVINYLFLUORIDE (PVF) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 68:
- VALUE SHARE OF POLYVINYLFLUORIDE (PVF) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 69:
- VOLUME OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 70:
- VALUE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 71:
- VALUE SHARE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 72:
- VOLUME OF OTHER SUB RESIN TYPES CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 73:
- VALUE OF OTHER SUB RESIN TYPES CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 74:
- VALUE SHARE OF OTHER SUB RESIN TYPES CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 75:
- VOLUME OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 76:
- VALUE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 77:
- VALUE SHARE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 78:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, TONS, MIDDLE EAST, 2017 - 2029
- Figure 79:
- VALUE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, USD, MIDDLE EAST, 2017 - 2029
- Figure 80:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 81:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 82:
- VOLUME OF ARAMID CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 83:
- VALUE OF ARAMID CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 84:
- VALUE SHARE OF ARAMID CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 85:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 86:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 87:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 88:
- VOLUME OF POLYAMIDE (PA) 66 CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 89:
- VALUE OF POLYAMIDE (PA) 66 CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 90:
- VALUE SHARE OF POLYAMIDE (PA) 66 CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 91:
- VOLUME OF POLYPHTHALAMIDE CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 92:
- VALUE OF POLYPHTHALAMIDE CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 93:
- VALUE SHARE OF POLYPHTHALAMIDE CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 94:
- VOLUME OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 95:
- VALUE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 96:
- VALUE SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 97:
- VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 98:
- VALUE OF POLYCARBONATE (PC) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 99:
- VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 100:
- VOLUME OF POLYETHER ETHER KETONE (PEEK) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 101:
- VALUE OF POLYETHER ETHER KETONE (PEEK) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 102:
- VALUE SHARE OF POLYETHER ETHER KETONE (PEEK) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 103:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 104:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 105:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 106:
- VOLUME OF POLYIMIDE (PI) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 107:
- VALUE OF POLYIMIDE (PI) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 108:
- VALUE SHARE OF POLYIMIDE (PI) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 109:
- VOLUME OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 110:
- VALUE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 111:
- VALUE SHARE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 112:
- VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 113:
- VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 114:
- VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 115:
- VOLUME OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, TONS, MIDDLE EAST, 2017 - 2029
- Figure 116:
- VALUE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, USD, MIDDLE EAST, 2017 - 2029
- Figure 117:
- VALUE SHARE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED BY END USER INDUSTRY, %, MIDDLE EAST, 2022 VS 2029
- Figure 118:
- VOLUME OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, TONS, MIDDLE EAST, 2017 - 2029
- Figure 119:
- VALUE OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, USD, MIDDLE EAST, 2017 - 2029
- Figure 120:
- VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 121:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, %, MIDDLE EAST, 2017, 2023, AND 2029
- Figure 122:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, SAUDI ARABIA, 2017 - 2029
- Figure 123:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, SAUDI ARABIA, 2017 - 2029
- Figure 124:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, SAUDI ARABIA, 2022 VS 2029
- Figure 125:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 126:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, UNITED ARAB EMIRATES, 2017 - 2029
- Figure 127:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, UNITED ARAB EMIRATES, 2022 VS 2029
- Figure 128:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, REST OF MIDDLE EAST, 2017 - 2029
- Figure 129:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, REST OF MIDDLE EAST, 2017 - 2029
- Figure 130:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, REST OF MIDDLE EAST, 2022 VS 2029
- Figure 131:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, MIDDLE EAST, 2019 - 2021
- Figure 132:
- MOST ADOPTED STRATEGIES, COUNT, MIDDLE EAST, 2019 - 2021
- Figure 133:
- PRODUCTION CAPACITY SHARE OF ENGINEERING PLASTICS BY MAJOR PLAYERS, %, MIDDLE EAST, 2022
- Figure 134:
- REVENUE SHARE OF FLUOROPOLYMER BY MAJOR PLAYERS, %, MIDDLE EAST, 2022
- Figure 135:
- PRODUCTION CAPACITY SHARE OF POLYAMIDE (PA) BY MAJOR PLAYERS, %, MIDDLE EAST, 2022
- Figure 136:
- PRODUCTION CAPACITY SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) BY MAJOR PLAYERS, %, MIDDLE EAST, 2022
- Figure 137:
- PRODUCTION CAPACITY SHARE OF POLYCARBONATE (PC) BY MAJOR PLAYERS, %, MIDDLE EAST, 2022
- Figure 138:
- REVENUE SHARE OF POLYETHER ETHER KETONE (PEEK) BY MAJOR PLAYERS, %, MIDDLE EAST, 2022
- Figure 139:
- PRODUCTION CAPACITY SHARE OF POLYETHYLENE TEREPHTHALATE (PET) BY MAJOR PLAYERS, %, MIDDLE EAST, 2022
- Figure 140:
- PRODUCTION CAPACITY SHARE OF POLYOXYMETHYLENE (POM) BY MAJOR PLAYERS, %, MIDDLE EAST, 2022
- Figure 141:
- PRODUCTION CAPACITY SHARE OF STYRENE COPOLYMERS (ABS AND SAN) BY MAJOR PLAYERS, %, MIDDLE EAST, 2022
Middle East Engineering Plastics Industry Segmentation
Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Fluoropolymer, Liquid Crystal Polymer (LCP), Polyamide (PA), Polybutylene Terephthalate (PBT), Polycarbonate (PC), Polyether Ether Ketone (PEEK), Polyethylene Terephthalate (PET), Polyimide (PI), Polymethyl Methacrylate (PMMA), Polyoxymethylene (POM), Styrene Copolymers (ABS and SAN) are covered as segments by Resin Type. Saudi Arabia, United Arab Emirates are covered as segments by Country.| End User Industry | Aerospace | |||
| Automotive | ||||
| Building and Construction | ||||
| Electrical and Electronics | ||||
| Industrial and Machinery | ||||
| Packaging | ||||
| Other End-user Industries | ||||
| Resin Type | Fluoropolymer | By Sub Resin Type | Ethylenetetrafluoroethylene (ETFE) | |
| Fluorinated Ethylene-propylene (FEP) | ||||
| Polytetrafluoroethylene (PTFE) | ||||
| Polyvinylfluoride (PVF) | ||||
| Polyvinylidene Fluoride (PVDF) | ||||
| Other Sub Resin Types | ||||
| Liquid Crystal Polymer (LCP) | ||||
| Polyamide (PA) | By Sub Resin Type | Aramid | ||
| Polyamide (PA) 6 | ||||
| Polyamide (PA) 66 | ||||
| Polyphthalamide | ||||
| Polybutylene Terephthalate (PBT) | ||||
| Polycarbonate (PC) | ||||
| Polyether Ether Ketone (PEEK) | ||||
| Polyethylene Terephthalate (PET) | ||||
| Polyimide (PI) | ||||
| Polymethyl Methacrylate (PMMA) | ||||
| Polyoxymethylene (POM) | ||||
| Styrene Copolymers (ABS and SAN) | ||||
| Country | Saudi Arabia | |||
| United Arab Emirates | ||||
| Rest of Middle East | ||||
| Aerospace |
| Automotive |
| Building and Construction |
| Electrical and Electronics |
| Industrial and Machinery |
| Packaging |
| Other End-user Industries |
| Fluoropolymer | By Sub Resin Type | Ethylenetetrafluoroethylene (ETFE) |
| Fluorinated Ethylene-propylene (FEP) | ||
| Polytetrafluoroethylene (PTFE) | ||
| Polyvinylfluoride (PVF) | ||
| Polyvinylidene Fluoride (PVDF) | ||
| Other Sub Resin Types | ||
| Liquid Crystal Polymer (LCP) | ||
| Polyamide (PA) | By Sub Resin Type | Aramid |
| Polyamide (PA) 6 | ||
| Polyamide (PA) 66 | ||
| Polyphthalamide | ||
| Polybutylene Terephthalate (PBT) | ||
| Polycarbonate (PC) | ||
| Polyether Ether Ketone (PEEK) | ||
| Polyethylene Terephthalate (PET) | ||
| Polyimide (PI) | ||
| Polymethyl Methacrylate (PMMA) | ||
| Polyoxymethylene (POM) | ||
| Styrene Copolymers (ABS and SAN) |
| Saudi Arabia |
| United Arab Emirates |
| Rest of Middle East |
Market Definition
- End-user Industry - Packaging, Electrical & Electronics, Automotive, Building & Construction, and Others are the end-user industries considered under the engineering plastics market.
- Resin - Under the scope of the study, consumption of virgin resins like Fluoropolymer, Polycarbonate, Polyethylene Terephthalate, Polybutylene Terephthalate, Polyoxymethylene, Polymethyl Methacrylate, Styrene Copolymers, Liquid Crystal Polymer, Polyether Ether Ketone, Polyimide, and Polyamide in the primary forms are considered. Recycling has been provided separately under its individual chapter.
| Keyword | Definition |
|---|---|
| Acetal | This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc. |
| Acrylic | This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation. |
| Cast film | A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion. |
| Colorants & Pigments | Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix. |
| Composite material | A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements. |
| Degree of Polymerization (DP) | The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands. |
| Dispersion | To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion. |
| Fiberglass | Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass. |
| Fiber-reinforced polymer (FRP) | Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt. |
| Flake | This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics. |
| Fluoropolymers | This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc. |
| Kevlar | Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid. |
| Laminate | A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width. |
| Nylon | They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids. |
| PET preform | A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container. |
| Plastic compounding | Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers. |
| Plastic pellets | Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic. |
| Polymerization | It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds. |
| Styrene Copolymers | A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate. |
| Thermoplastics | Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties. |
| Virgin Plastic | It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials. |
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
- Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
