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Client Consult Problem Statement:

MnM’s client who is a strong engineering plastics player in pre-coloured ABS and ABS specialties was interested in project involving “Assessment of Engineering Plastics market and database of injection molders in North America”. The key objective for the study involved:

  1. In-depth analysis of engineering plastics market by products (ABS, ASA and ABS blends) and their application for North America region (U.S., Canada and Mexico
  2. Production capacity, market share analysis, competitor benchmarking by product and application, market attractiveness by product type, end use industry and country , competitor analysis, production, consumption and import-export scenario by country
  3. The study also included providing database containing specified details (key person, contact details, molding unit location, plastics processed, products manufactured etc.) of injection molders in the North America region

Solution Provided:

  1. Methodology Adopted by MnM : MnM carried out this study through a combination of extensive secondary research followed by primary discussions with Key Opinion Leaders, Engineering Plastics manufacturers and their customers. Market size estimation (usage of different types of Engineering Plastics in varied end user industries across North American region), value chain and key trend analysis across supply chain consisting of Engineering Plastics suppliers, their raw material suppliers, processors, and end users were identified thorough detailed secondary research. Interviews with Engineering Plastics manufacturers, suppliers, dealers and distributors to confirm type of Engineering Plastics and their volume & value, Interviews with compounders, processors & other intermediaries to confirm end application & value addition. Also Interviews with experts from end-users of Engineering Plastics like Automotive, Electronics, Medical, Toys, Extrusion Industry to verify the market numbers. Injection molders in North America were interviewed to prepare the database.
  2. Actual Solution Provided: -Through the detailed outcome of the study, we provided inputs on-
  • Market size of the Engineering Plastic industry in North America by product type, application and country
  • Production, consumption and trade data for U.S., Canada and Mexico
  • Competitor analysis and developments trends in the Engineering Plastics market in North America. Competitors benchmarking on the basis of product type and applications, SWOT analysis of the Engineering Plastics manufacturers

Value Delivered:

MnM’s client was able to understand the current scenario of the Engineering Plastics market in North America. Also, the market forecasts were provided to focus client’s attention to the high growth markets of various Engineering Plastics.

The competitive benchmarking also helped to understand the client’s present situation in the market and further helps the client to built short and long term strategies to gain the market share

The injection molders database of more than 500 molders helped the client to find out the customers in North America region

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