Growth and sustainability with a new breed of plastics

摘要

The engineering plastics market is massive,and it has remained unaffected despite the disruption caused by the Covid-19 pandemic.Indeed,market forecasts for engineering plastics remain bullish.According to a Mordor Intelligence report,adoption of these high-performance polymers is expected to rise in major industries such as automotive,aerospace,building and construction,mechanical,and medical.The applications will be driving a market that is expected to grow at a CAGR of more than 6% from this year to 2026.As well,as the light weight trend spreads across major industries,engineering plastics will effectively replace traditional materials.In today's era,comparing engineering plastics with commodity plastics is like comparing oranges to apples.Engineering plastics outperform common plastics such as polystyrene(PS),PVC,polypropylene(PP),and polyethylene(PE)in terms of mechanical and thermal properties,and have largely replaced wood and metals in a variety of applications due to their excellent weight-to-strength ratio,ease of manufacture,design versatility,and other characteristics.