APAC Engineering Plastics Market Size
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 68.86 Billion |
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Market Size (2029) | USD 97.70 Billion |
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Largest Share by End User Industry | Electrical and Electronics |
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CAGR (2024 - 2029) | 7.25 % |
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Largest Share by Country | China |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
APAC Engineering Plastics Market Analysis
The Asia-pacific Engineering Plastics Market size is estimated at 68.86 billion USD in 2024, and is expected to reach 97.70 billion USD by 2029, growing at a CAGR of 7.25% during the forecast period (2024-2029).
68.86 Billion
Market Size in 2024 (USD)
97.70 Billion
Market Size in 2029 (USD)
5.11 %
CAGR (2017-2023)
7.25 %
CAGR (2024-2029)
Largest Market by End-user Industry
42.39 %
value share, Electrical and Electronics, 2023
The electronics segment occupied the highest market share due to the widespread applications of engineering plastics like ABS/SAN, PC, and PA in advanced and smart electrical devices.
Fastest Growing Market by End-user Industry
8.15 %
Projected CAGR, Electrical and Electronics, 2024-2029
The electronics industry is expected to witness the fastest growth due to the properties of engineering plastics such as lightweight, higher flexibility, and good fire resistivity.
Largest Market by Resin Type
29.66 %
value share, Styrene Copolymers (ABS and SAN), 2023
Styrene copolymers have wide applications in the automotive, aerospace, and electronics industries, and they accounted for the largest share in 2022.
Largest Market by Country
62.64 %
value share, China, 2023
China dominated the market due to the high demand for engineering plastics in industries, including packaging, electrical and electronics, and automotive, along with strong economic growth in recent years.
Leading Market Player
6.22 %
market share, CHIMEI, 2022
In 2022, with the largest production capacity of around 2.9 million tons per year of polymers, such as styrene copolymers, PMMA, and polycarbonate, in the Asia-Pacific region, the company held the largest market share.
Packaging industry to lose its volume share to electrical and electronics industry
- Engineering plastics are versatile, finding applications in everything from interior wall panels and doors in aerospace to rigid and flexible packaging. The Asia-Pacific engineering plastics market is primarily driven by the packaging, electrical and electronics, and automotive industries. In 2022, packaging and electrical and electronics accounted for approximately 43.80% and 31.32% of the total engineering plastics market volume, respectively.
- In 2020, the combined consumption revenue across all industries fell by 6.02% compared to the previous year due to disruptions in the global supply chain. However, the market recovered in 2021 and continued to grow steadily, increasing by 7.18% in 2022.
- The packaging industry is the largest end-user industry in the region in terms of volume share. However, according to revenue data, the electrical and electronics industry holds the largest share in the region due to the relatively low price of PET, among other engineering plastics, which are widely used in packaging applications. Significant changes in urbanization and family demographics have increased the demand for functional, prepackaged, and convenient food products. For instance, Asia-Pacific plastic packaging production reached a volume of 68 million tons in 2022, accounting for 51% of the global total.
- The electrical and electronic industry is the most promising market, with an expected CAGR of 8.21% by revenue during the forecast period (2023-2029). Electronics component production revenue in the region is projected to reach USD 6.74 trillion by 2029, driven by the increasing demand for smart electronic devices, the growing demand for electric vehicles, autonomous robots, and advanced defense technologies.
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China and Japan to remain as largest demand generators
- Asia-Pacific accounted for 56.7% by volume of the consumption of engineering plastics globally in 2022. Engineering plastics exhibit versatile properties due to which they find applications in various industries, such as automotive, packaging, and electrical and electronics.
- China is the largest consumer of engineering plastics in the region owing to its growing electrical and electronics, packaging, automotive, and other industries. In 2022, the Chinese electrical and electronics industry held a revenue share of 29.26% compared to the overall Asia-Pacific region. In China, the revenue from electrical and electronic component production accounted for USD 2.92 billion in 2022.
- Japan is the second-largest consumer of engineering plastics in the region. The country registered a revenue share of 8.29% in 2022 due to its rapidly growing construction and electrical and electronics industries. In 2022, the new construction floor area of the Japanese building and construction industry increased at a rate of 7.47% and 4.11% in 2021 and 2022 by revenue, respectively. The rising electrical and electronics component production is projected to drive the demand for engineering plastics in the country in the future.
- China is expected to witness the fastest growth in the Asia-Pacific engineering plastics market, with a CAGR of 7.50% in terms of value during the forecast period, owing to the rapid growth of industries like automotive and electronics. From 2022 onward, China lifted the restrictions on foreign investment in passenger car manufacturing, allowing for maximum investment in joint ventures between the Chinese government and automotive engineering companies to reach a 50:50 ratio. This change presents an opportunity for growth in the Chinese automotive industry through increased investment.
Asia-pacific Engineering Plastics Market Trends
Rapid growth in ASEAN countries to foster electronics production
- The Asia-Pacific region saw an increase in electrical and electronics production revenue by 13.9% from 2020 to 2021. The electronics sector accounts for 20-50% of the total value of most Asian countries' exports. Consumer electronics such as televisions, radios, computers, and cellular phones are largely manufactured in the ASEAN region.
- ASEAN leads the production of hard drives, with over 80% of hard drives being manufactured in the region. Overall, the electrical and electronics (E&E) industry in ASEAN relies more on foreign inputs and technology than other industries, with 53% of E&E exports arising from foreign value added (FVA) or foreign inputs integrated into ASEAN’s E&E exports.
- Countries like Thailand and Malaysia lead in the production of electronics in the region. Thailand, home to one of the largest electronics assembly bases in Southeast Asia, leads in the production of hard drives, integrated circuits, and semiconductors. It ranks second in manufacturing air conditioning units and fourth in the global refrigerators market.
- The electronics industry has greatly benefitted from ASEAN's integrated production networks, which foster improved trade with larger Asian economies like China and Japan.
- China held an 11.2% share of global exports in electrical products and registered a growth of 5.8% in the export of digital products from 2019 to 2020. According to the Asian Development Bank, China provides a large market for electronics in the region. Countries such as Thailand, Japan, China, Malaysia, India, and the Philippines continue to lead the region in the production of electronics.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Rapid growth of civil aviation to drive the aerospace component production
- Growing FDI, coupled with supportive government initiatives, to drive the construction industry
- China to remain as the largest importer and exporter of fluoropolymers
- Large supply-demand gap in countries like China and India to prolong import dependency
- Huge demand from countries like China and India to promote trade in the region
- High profitability of styrene copolymer production in the region to drive international trade
- Technological advancements made the commercialization of recycled various engineering plastics economically viable.
- The PET recycling rate is high in countries like China (94%) India (90%) and Japan (86%)
- Electric vehicles to boost the automobile market in the coming years
- Evolving consumer trends and growing e-commerce sector to amplify plastic packaging industry
- Asia-Pacific to remain as a net importer of polyamide resin
- Chinese exports to help Asia-Pacific maintain its dominance in global PET trade
- South Korea to dominate regional POM exports
- Resin prices to remain under the influence of crude oil prices in the international market
- With PC resin is expected to reach 4.95 million tons by 2029 production of recycled PC to foster.
- Growing Electrical waste of around 24.9 million tons is an opportunity for many ABS manufacturers across the region to produce R-ABS.
APAC Engineering Plastics Industry Overview
The Asia-pacific Engineering Plastics Market is fragmented, with the top five companies occupying 22.59%. The major players in this market are CHIMEI, China Resources (Holdings) Co.,Ltd., Far Eastern New Century Corporation, LG Chem and Sanfame Group (sorted alphabetically).
APAC Engineering Plastics Market Leaders
CHIMEI
China Resources (Holdings) Co.,Ltd.
Far Eastern New Century Corporation
LG Chem
Sanfame Group
Other important companies include Asahi Kasei Corporation, China Petroleum & Chemical Corporation, Covestro AG, Formosa Plastics Group, Lotte Chemical, Mitsubishi Chemical Corporation, Sinochem, Solvay, Sumitomo Chemical Co., Ltd., Toray Industries, Inc..
*Disclaimer: Major Players sorted in alphabetical order.
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APAC Engineering Plastics Market News
- February 2023: Covestro AG introduced Makrolon 3638 polycarbonate for healthcare and life sciences applications such as drug delivery devices, wellness and wearable devices, and single-use containers for biopharmaceutical manufacturing.
- August 2022: Toray Industries Inc. introduced Toraypearl PA6, which claims to provide outstanding high strength, heat resistance, and surface smoothness for powder bed fusion 3D printers.
- August 2022: Covestro AG announced plans to build its first dedicated line for the mechanical recycling (MCR) of polycarbonates in Shanghai, China, to create more sustainable solutions, primarily for electrical and electronic, automotive, and consumer goods applications.
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.
APAC Engineering Plastics Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
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4.1 End User Trends
- 4.1.1 Aerospace
- 4.1.2 Automotive
- 4.1.3 Building and Construction
- 4.1.4 Electrical and Electronics
- 4.1.5 Packaging
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4.2 Import And Export Trends
- 4.2.1 Fluoropolymer Trade
- 4.2.2 Polyamide (PA) Trade
- 4.2.3 Polycarbonate (PC) Trade
- 4.2.4 Polyethylene Terephthalate (PET) Trade
- 4.2.5 Polymethyl Methacrylate (PMMA) Trade
- 4.2.6 Polyoxymethylene (POM) Trade
- 4.2.7 Styrene Copolymers (ABS and SAN) Trade
- 4.3 Price Trends
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4.4 Recycling Overview
- 4.4.1 Polyamide (PA) Recycling Trends
- 4.4.2 Polycarbonate (PC) Recycling Trends
- 4.4.3 Polyethylene Terephthalate (PET) Recycling Trends
- 4.4.4 Styrene Copolymers (ABS and SAN) Recycling Trends
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4.5 Regulatory Framework
- 4.5.1 Australia
- 4.5.2 China
- 4.5.3 India
- 4.5.4 Japan
- 4.5.5 Malaysia
- 4.5.6 South Korea
- 4.6 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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5.1 End User Industry
- 5.1.1 Aerospace
- 5.1.2 Automotive
- 5.1.3 Building and Construction
- 5.1.4 Electrical and Electronics
- 5.1.5 Industrial and Machinery
- 5.1.6 Packaging
- 5.1.7 Other End-user Industries
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5.2 Resin Type
- 5.2.1 Fluoropolymer
- 5.2.1.1 By Sub Resin Type
- 5.2.1.1.1 Ethylenetetrafluoroethylene (ETFE)
- 5.2.1.1.2 Fluorinated Ethylene-propylene (FEP)
- 5.2.1.1.3 Polytetrafluoroethylene (PTFE)
- 5.2.1.1.4 Polyvinylfluoride (PVF)
- 5.2.1.1.5 Polyvinylidene Fluoride (PVDF)
- 5.2.1.1.6 Other Sub Resin Types
- 5.2.2 Liquid Crystal Polymer (LCP)
- 5.2.3 Polyamide (PA)
- 5.2.3.1 By Sub Resin Type
- 5.2.3.1.1 Aramid
- 5.2.3.1.2 Polyamide (PA) 6
- 5.2.3.1.3 Polyamide (PA) 66
- 5.2.3.1.4 Polyphthalamide
- 5.2.4 Polybutylene Terephthalate (PBT)
- 5.2.5 Polycarbonate (PC)
- 5.2.6 Polyether Ether Ketone (PEEK)
- 5.2.7 Polyethylene Terephthalate (PET)
- 5.2.8 Polyimide (PI)
- 5.2.9 Polymethyl Methacrylate (PMMA)
- 5.2.10 Polyoxymethylene (POM)
- 5.2.11 Styrene Copolymers (ABS and SAN)
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5.3 Country
- 5.3.1 Australia
- 5.3.2 China
- 5.3.3 India
- 5.3.4 Japan
- 5.3.5 Malaysia
- 5.3.6 South Korea
- 5.3.7 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
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6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 Asahi Kasei Corporation
- 6.4.2 CHIMEI
- 6.4.3 China Petroleum & Chemical Corporation
- 6.4.4 China Resources (Holdings) Co.,Ltd.
- 6.4.5 Covestro AG
- 6.4.6 Far Eastern New Century Corporation
- 6.4.7 Formosa Plastics Group
- 6.4.8 LG Chem
- 6.4.9 Lotte Chemical
- 6.4.10 Mitsubishi Chemical Corporation
- 6.4.11 Sanfame Group
- 6.4.12 Sinochem
- 6.4.13 Solvay
- 6.4.14 Sumitomo Chemical Co., Ltd.
- 6.4.15 Toray Industries, Inc.
7. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS
8. APPENDIX
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8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework (Industry Attractiveness Analysis)
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 2:
- PRODUCTION VOLUME OF AUTOMOBILES, UNITS, ASIA-PACIFIC, 2017 - 2029
- Figure 3:
- FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, ASIA-PACIFIC, 2017 - 2029
- Figure 4:
- PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 5:
- PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 6:
- IMPORT REVENUE OF FLUOROPOLYMER TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 7:
- EXPORT REVENUE OF FLUOROPOLYMER TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 8:
- IMPORT REVENUE OF POLYAMIDE (PA) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 9:
- EXPORT REVENUE OF POLYAMIDE (PA) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 10:
- IMPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 11:
- EXPORT REVENUE OF POLYCARBONATE (PC) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 12:
- IMPORT REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 13:
- EXPORT REVENUE OF POLYETHYLENE TEREPHTHALATE (PET) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 14:
- IMPORT REVENUE OF POLYMETHYL METHACRYLATE (PMMA) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 15:
- EXPORT REVENUE OF POLYMETHYL METHACRYLATE (PMMA) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 16:
- IMPORT REVENUE OF POLYOXYMETHYLENE (POM) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 17:
- EXPORT REVENUE OF POLYOXYMETHYLENE (POM) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 18:
- IMPORT REVENUE OF STYRENE COPOLYMERS (ABS AND SAN) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 19:
- EXPORT REVENUE OF STYRENE COPOLYMERS (ABS AND SAN) TRADE BY TOP COUNTRIES, USD, ASIA-PACIFIC, 2017 - 2021
- Figure 20:
- PRICE OF ENGINEERING PLASTICS BY RESIN TYPE, USD PER KG, CHINA, 2017 - 2021
- Figure 21:
- PRICE OF ENGINEERING PLASTICS BY RESIN TYPE, USD PER KG, INDIA, 2017 - 2021
- Figure 22:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 23:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 24:
- VOLUME OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 25:
- VALUE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 26:
- VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 27:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 28:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 29:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 30:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 31:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 32:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 33:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 34:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 35:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 36:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 37:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 38:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 39:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 40:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 41:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 42:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 43:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 44:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 45:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 46:
- VOLUME OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 47:
- VALUE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 48:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN TYPE, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 49:
- VOLUME OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 50:
- VALUE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 51:
- VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 52:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 53:
- VOLUME OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 54:
- VALUE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 55:
- VOLUME SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 56:
- VALUE SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 57:
- VOLUME OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 58:
- VALUE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 59:
- VALUE SHARE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 60:
- VOLUME OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 61:
- VALUE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 62:
- VALUE SHARE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 63:
- VOLUME OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 64:
- VALUE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 65:
- VALUE SHARE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 66:
- VOLUME OF POLYVINYLFLUORIDE (PVF) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 67:
- VALUE OF POLYVINYLFLUORIDE (PVF) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 68:
- VALUE SHARE OF POLYVINYLFLUORIDE (PVF) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 69:
- VOLUME OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 70:
- VALUE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 71:
- VALUE SHARE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 72:
- VOLUME OF OTHER SUB RESIN TYPES CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 73:
- VALUE OF OTHER SUB RESIN TYPES CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 74:
- VALUE SHARE OF OTHER SUB RESIN TYPES CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 75:
- VOLUME OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 76:
- VALUE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 77:
- VALUE SHARE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 78:
- VOLUME OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 79:
- VALUE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 80:
- VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 81:
- VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 82:
- VOLUME OF ARAMID CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 83:
- VALUE OF ARAMID CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 84:
- VALUE SHARE OF ARAMID CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 85:
- VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 86:
- VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 87:
- VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 88:
- VOLUME OF POLYAMIDE (PA) 66 CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 89:
- VALUE OF POLYAMIDE (PA) 66 CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 90:
- VALUE SHARE OF POLYAMIDE (PA) 66 CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 91:
- VOLUME OF POLYPHTHALAMIDE CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 92:
- VALUE OF POLYPHTHALAMIDE CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 93:
- VALUE SHARE OF POLYPHTHALAMIDE CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 94:
- VOLUME OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 95:
- VALUE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 96:
- VALUE SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 97:
- VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 98:
- VALUE OF POLYCARBONATE (PC) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 99:
- VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 100:
- VOLUME OF POLYETHER ETHER KETONE (PEEK) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 101:
- VALUE OF POLYETHER ETHER KETONE (PEEK) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 102:
- VALUE SHARE OF POLYETHER ETHER KETONE (PEEK) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 103:
- VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 104:
- VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 105:
- VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 106:
- VOLUME OF POLYIMIDE (PI) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 107:
- VALUE OF POLYIMIDE (PI) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 108:
- VALUE SHARE OF POLYIMIDE (PI) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 109:
- VOLUME OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 110:
- VALUE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 111:
- VALUE SHARE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 112:
- VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 113:
- VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 114:
- VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 115:
- VOLUME OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 116:
- VALUE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 117:
- VALUE SHARE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED BY END USER INDUSTRY, %, ASIA-PACIFIC, 2022 VS 2029
- Figure 118:
- VOLUME OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, TONS, ASIA-PACIFIC, 2017 - 2029
- Figure 119:
- VALUE OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2029
- Figure 120:
- VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 121:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY COUNTRY, %, ASIA-PACIFIC, 2017, 2023, AND 2029
- Figure 122:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, AUSTRALIA, 2017 - 2029
- Figure 123:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, AUSTRALIA, 2017 - 2029
- Figure 124:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, AUSTRALIA, 2022 VS 2029
- Figure 125:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, CHINA, 2017 - 2029
- Figure 126:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, CHINA, 2017 - 2029
- Figure 127:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, CHINA, 2022 VS 2029
- Figure 128:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, INDIA, 2017 - 2029
- Figure 129:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, INDIA, 2017 - 2029
- Figure 130:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, INDIA, 2022 VS 2029
- Figure 131:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, JAPAN, 2017 - 2029
- Figure 132:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, JAPAN, 2017 - 2029
- Figure 133:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, JAPAN, 2022 VS 2029
- Figure 134:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, MALAYSIA, 2017 - 2029
- Figure 135:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, MALAYSIA, 2017 - 2029
- Figure 136:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, MALAYSIA, 2022 VS 2029
- Figure 137:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, SOUTH KOREA, 2017 - 2029
- Figure 138:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, SOUTH KOREA, 2017 - 2029
- Figure 139:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, SOUTH KOREA, 2022 VS 2029
- Figure 140:
- VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 141:
- VALUE OF ENGINEERING PLASTICS CONSUMED, USD, REST OF ASIA-PACIFIC, 2017 - 2029
- Figure 142:
- VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, REST OF ASIA-PACIFIC, 2022 VS 2029
- Figure 143:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, ASIA-PACIFIC, 2019 - 2021
- Figure 144:
- MOST ADOPTED STRATEGIES, COUNT, ASIA-PACIFIC, 2019 - 2021
- Figure 145:
- PRODUCTION CAPACITY SHARE OF ENGINEERING PLASTICS BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 146:
- PRODUCTION CAPACITY SHARE OF FLUOROPOLYMER BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 147:
- PRODUCTION CAPACITY SHARE OF LIQUID CRYSTAL POLYMER (LCP) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 148:
- PRODUCTION CAPACITY SHARE OF POLYAMIDE (PA) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 149:
- PRODUCTION CAPACITY SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 150:
- PRODUCTION CAPACITY SHARE OF POLYCARBONATE (PC) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 151:
- PRODUCTION CAPACITY SHARE OF POLYETHER ETHER KETONE (PEEK) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 152:
- PRODUCTION CAPACITY SHARE OF POLYETHYLENE TEREPHTHALATE (PET) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 153:
- PRODUCTION CAPACITY SHARE OF POLYOXYMETHYLENE (POM) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
- Figure 154:
- PRODUCTION CAPACITY SHARE OF STYRENE COPOLYMERS (ABS AND SAN) BY MAJOR PLAYERS, %, ASIA-PACIFIC, 2022
Asia-pacific 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. Australia, China, India, Japan, Malaysia, South Korea are covered as segments by Country.
- Engineering plastics are versatile, finding applications in everything from interior wall panels and doors in aerospace to rigid and flexible packaging. The Asia-Pacific engineering plastics market is primarily driven by the packaging, electrical and electronics, and automotive industries. In 2022, packaging and electrical and electronics accounted for approximately 43.80% and 31.32% of the total engineering plastics market volume, respectively.
- In 2020, the combined consumption revenue across all industries fell by 6.02% compared to the previous year due to disruptions in the global supply chain. However, the market recovered in 2021 and continued to grow steadily, increasing by 7.18% in 2022.
- The packaging industry is the largest end-user industry in the region in terms of volume share. However, according to revenue data, the electrical and electronics industry holds the largest share in the region due to the relatively low price of PET, among other engineering plastics, which are widely used in packaging applications. Significant changes in urbanization and family demographics have increased the demand for functional, prepackaged, and convenient food products. For instance, Asia-Pacific plastic packaging production reached a volume of 68 million tons in 2022, accounting for 51% of the global total.
- The electrical and electronic industry is the most promising market, with an expected CAGR of 8.21% by revenue during the forecast period (2023-2029). Electronics component production revenue in the region is projected to reach USD 6.74 trillion by 2029, driven by the increasing demand for smart electronic devices, the growing demand for electric vehicles, autonomous robots, and advanced defense technologies.
| 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 | |||
| Resin Type | 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 | Australia | ||
| China | |||
| India | |||
| Japan | |||
| Malaysia | |||
| South Korea | |||
| Rest of Asia-Pacific |
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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. |
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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
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