Engineering Plastics Market Global Expansion Key Investment Areas
The engineering plastics market is set to climb from around USD 120.5 billion in 2024 to approximately USD 219.9 billion by 2034, growing at a healthy compound annual growth rate (CAGR) of roughly 6.2 %.The high-performance polymers like polyamide, polycarbonate, and others are prized for their strength, heat tolerance, chemical resistance, and precision. Unlike commodity plastics, engineering plastics are used in advanced applications where metal or glass once dominated.
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