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Stock impact report

Engineering Plastics World Market Report 2024: Market Trends and Growth Projections to 2029 [Yahoo! Finance]

ENI S.p.A. (E) 
US:NYSE Investor Relations: eni.com/en_it/investors.page
Company Research Source: Yahoo! Finance
The engineering plastics sector plays a pivotal role in various industries, spanning automotive, electronics, appliances, construction, healthcare, and more. Its robust growth is fueled by the relentless pursuit of high-performance materials that offer durability, versatility, and enhanced mechanical properties. Electrical & electronics sector is the leading consumer of engineering plastics worldwide with an estimated market share of 26.5% in 2023, followed closely by automotive & transportation estimated at 22.5%, and appliances sector with a corresponding share of 20%. The report reveals that the Asia-Pacific is the largest market, as well as the fastest growing global volume market for engineering plastics, projected to reach 24 million metric tons valued at US$56 billion by 2029 from an estimated 19 million metric tons (69% share) valued at US$43 billion in 2023 to reflect a 2023-2029 CAGR of 4.2%. This world market compendium focuses at a high-level analysis of the Engineeri Show less Read more
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