Global Engineering Plastics Market Is Improving Stably

It was reported that due to the recovered demand support of automobile and electric products, the global demand for engineering plastics in 2015 will reach 20 million tons.

 
According to the latest research report publicized by the global industry analyzing institution, GIA that European and Asian regions occupy a large market share in terms of the demand for engineering plastics in the world. In the meantime, the manufacturing base of global engineering plastics will be transforming to Asian districts featuring low cost.

 
It is pointed out in the report that as the prosperous development of automobile industry in Indian and other new rising market, these areas will become the middle and long term clients in this growth.
 
The growth of PC will stimulate the usage of automobile, construction and medical products.
 
It is also highlighted in the report that as Máy sản xuất gạch không nung a result of the driving force of cars, medical and construction products, it tam lay sang is estimated that PC resin will embrace the fastest growth in terms of engineering plastics. Super engineering plastics possess features such as high hot pallet nhựa endurance and these engineering plastic products are widely used as the electrical components of hybrid automobile and electric cars.

As a result, the demand for engineering plastics is skyrocketing.
 
GIA is firmly convinced that engineering plastics will play to the fullest its role in the development of automobile industry and helping the automobile industry to reduce the carbon dioxide emission.
 
Therefore, the light compound neon resin has become the sole choice in automobile manufacturing process, particularly in the application of the hood. Neon 6 and neon 66 have enabled the manufacturers to realize significant cost reduction and in the same time materialize the goal of producing automobile products of lightweight.

According to the prediction of the American Chemical Market Association that it is estimated that in 2015, the global demand for neon 6 will encounter an annual increase rate of about 5 percent.
 
GIA predicts that due to the market demand for environment friendly products such as hybrid automobile, electrical cars, energy saving products, the demand for reinforced plastics will reach 73 million tons in 2015.

 
Europe, Asia and America areas have become the main market source of global reinforced resource and major market for reinforced plastics applied to automobile and construction industry. The demand in transportation field will embrace a stable increase as the manufacturing recovery of vehicles.
The global economic recovery has also provided a mild environment for the manufacturing and consumption of engineering plastics.