Global Market for Engineered Plastics to Exceed 18 Million Metric Tons by 2010, According to a New Report by Global Industry Analysts, Inc.

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Engineered plastics market worldwide is forecast to witness favorable growth prospects in terms of sales through 2010. Worldwide Sales of Engineered Plastics are projected to exceed 18 million metric tons by 2010. Key market drivers include expanding applications in industries such as automotive, appliances, medical and electronics.

Engineered Plastics: A Global Strategic Business Report

Asia-Pacific, Europe and the United Sates are the major markets for Engineered Plastics. With an estimated consumption of 6.55 million metric tons in 2007, Asia-Pacific represents the largest market. The region is also poised to post the fastest annual growth rate of 10.7% in terms of volume sales over the years 2001 through 2010. Impressive demand in the Chinese and Indian markets is expected to aid this robust growth. Sales of engineered plastics in Europe totaled an estimated 3 million metric tons in 2006 and are projected to grow at a CAGR of 4.66% over the years 2001 through 2010. Acrylonitrile-Butadiene-Styrene (ABS), polycarbonate, and nylon are the leading segments of engineered plastics in 2007, constituting more than three-fourths of total market.

Key players listed in the report include BASF Aktiengesellschaft, Bayer, Chi Mei Corporation, Dow Chemical, DuPont, Eastman Chemical Company, Evonik Degussa GmbH, LG Chem, Polyplastics Co., Royal DSM NV, SABIC, TICONA Engineering Polymers, Teijin, Toray Industries Inc, and Wintech Polymer Ltd.

"Engineered Plastics: A Global Strategic Business Report" published by Global Industry Analysts, Inc., analyzes the global market with hard-to-find data and analytics for key regional markets such as the Asia-Pacific, United States and Europe, alongside up and coming markets such as Middle East and Latin America.

The report provides a comprehensive review of market trends and issues, drivers, business profile, players, competitive landscape, recent developments, mergers, acquisitions, alliances, product launches and other strategic industry activities. Market size estimates and projections are presented in terms of annual sales in tons over the years 2001 through 2010. Long-term projections are provided for the period 2011-2015. Product groups independently analyzed include Polycarbonate, Acrylonitrile-Butadiene-Styrene (ABS), Polyacetal, Nylon, Thermoplastic Polyesters (PBT/PET), and Others Markets. End-use sectors analyzed include Automotive, Electrical and Electronics, Appliances, and Miscellaneous sectors.

For more details about this research report, please visit http://www.strategyr.com/Engineered_Plastics_Market_Report.asp.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site http://www.StrategyR.com

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