The market growth is driven by an increasing transition to electric mobility and the development of sustainable energy solutions requires materials that offer both electrical insulation and structural integrity. Plastics, with their versatility and ability to meet specific performance requirements, are integral to the advancement of electrified transportation. Leading Companies focusing on Flexible and Stretchable Electronics, Integration of Nanomaterials in Plastics, Bio-based and Biodegradable Plastics, and others to boost market shares in the industry.
Plastics are integral to the Electrical and Electronics market, providing lightweight, versatile, and cost-effective solutions for various components. Their excellent electrical insulation, durability, and design flexibility make them essential in manufacturing electronic devices, ensuring safety and reliability. Ongoing innovations in material science contribute to the development of advanced plastics with enhanced properties, addressing the evolving needs of the industry. Moreover, a growing emphasis on sustainable practices, including the use of recycled and bio-based plastics, aligns with global efforts to reduce environmental impact and promote a circular economy in the E&E sector.
Shrinking electronics through miniaturization not only improves performance but also significantly enhances sustainability in the industry. As electronic components become smaller and more efficient, there is a notable decrease in overall energy consumption, aligning with global initiatives for more energy-efficient technologies and contributing to a greener, sustainable future. Additionally, the trend towards miniaturization often results in lighter and more compact electronic devices, reducing material requirements for manufacturing. This not only cuts production costs but also lessens the environmental impact associated with the extraction and processing of raw materials. Moreover, smaller electronic devices play a role in ongoing efforts to minimize electronic waste, as they generally have a longer lifespan and are easier to recycle. In essence, the push for miniaturization in electronics not only boosts performance but also nurtures sustainability, showcasing a positive influence on both technological innovation and environmental responsibility.
Advancements in high-performance plastic materials are fueling a notable surge in the demand for plastics within the electrical and electronics market. These state-of-the-art plastics, including polyetheretherketone (PEEK), liquid crystal polymers (LCP), and polyphenylene sulfide (PPS), boast enhanced mechanical, thermal, and electrical properties, playing a pivotal role across diverse industry applications. Their rising popularity stems from their capacity to endure extreme conditions and deliver superior insulation in electronic components. The imperative for miniaturization and lightweight design in electronic devices further propels the adoption of high-performance plastics. Beyond enhancing performance and reliability, these materials enable manufacturers to meet rigorous regulatory standards. As the electrical and electronics market evolves, the dependence on high-performance plastics is anticipated to grow, shaping the future materials landscape in electronic applications.
The report underscores the crucial role of sustainability and the circular economy in shaping the future landscape of plastics within the Electrical and Electronics (E&E) market. It examines the industry's increasing adoption of eco-friendly practices to address environmental concerns. Specifically, the report focuses on the potential of recycled and bio-based plastics to diminish the carbon footprint associated with electronic devices, aligning with global sustainability objectives. It delves into the strategies implemented by companies to incorporate end-of-life considerations into product design, facilitating efficient recycling and minimizing electronic waste. Additionally, the report emphasizes the significance of extended producer responsibility and collaborative initiatives across the supply chain to champion a circular economy. This approach involves the reuse and recycling of plastics, ultimately reducing reliance on virgin materials.
The Global Plastics in Electrical and Electronics Market is analyzed across Acrylonitrile Butadiene Styrene (ABS), Polypropylene (PP), Polyurethane (PU), Polyvinyl Chloride (PVC), Polyethylene (PE), Polycarbonate (PC), Polymethyl Methacrylate (PMMA), Polyamide (PA), and others. Polycarbonate is poised to register the fastest growth. Polycarbonate plastics are integral to the Electrical and Electronics (E&E) market due to their exceptional clarity, impact resistance, and heat resistance. Widely used in electronic housings, display screens, and optical discs, polycarbonates offer durability and transparency. Their ability to withstand high temperatures makes them suitable for applications like LED lighting and electrical connectors. Additionally, polycarbonate's excellent electrical insulation properties contribute to the production of insulating components for electronic devices. The material's versatility aligns with the evolving demands of the E&E market, where lightweight and visually appealing materials are essential.
The Global Plastics in Electrical and Electronics Market is analyzed across various applications including Wires and cables, Electrical insulation, Printed circuit boards (PCBs), Electronic devices, Electrical connectors, and others. Of these, Printed Circuit Boards held a significant market share in 2023. Printed circuit boards (PCBs) are crucial in the Electrical and Electronics (E&E) market, and plastics, particularly epoxy resin and polyimide, play a pivotal role in their construction. Plastics serve as substrates and insulating materials in PCBs, offering electrical insulation, lightweight properties, and cost-effectiveness. Epoxy resin provides mechanical support, while polyimide is utilized in flexible PCBs for thermal stability and flexibility. The integration of plastics enhances the performance and reliability of PCBs, contributing to the efficiency of electronic systems.
By Polymers
By Application
By Region
*List not exhaustive
Plastics in Electrical and Electronics Market Outlook 2023
1 Market Overview
1.1 Introduction to the Plastics in Electrical and Electronics Market
1.2 Scope of the Study
1.3 Research Objective
1.3.1 Key Market Scope and Segments
1.3.2 Players Covered
1.3.3 Years Considered
2 Executive Summary
2.1 2023 Plastics in Electrical and Electronics Industry- Market Statistics
3 Market Dynamics
3.1 Market Drivers
3.2 Market Challenges
3.3 Market Opportunities
3.4 Market Trends
4 Market Factor Analysis
4.1 Porter’s Five Forces
4.2 Market Entropy
4.2.1 Global Plastics in Electrical and Electronics Market Companies with Area Served
4.2.2 Products Offerings Global Plastics in Electrical and Electronics Market
5 COVID-19 Impact Analysis and Outlook Scenarios
5.1.1 Covid-19 Impact Analysis
5.1.2 Post-COVID-19 Scenario- Low Growth Case
5.1.3 Post-COVID-19 Scenario- Reference Growth Case
5.1.4 Post-COVID-19 Scenario- Low Growth Case
6 Global Plastics in Electrical and Electronics Market Trends
6.1 Global Plastics in Electrical and Electronics Revenue (USD Million) and CAGR (%) by Type (2018-2030)
6.2 Global Plastics in Electrical and Electronics Revenue (USD Million) and CAGR (%) by Applications (2018-2030)
6.3 Global Plastics in Electrical and Electronics Revenue (USD Million) and CAGR (%) by Regions (2018-2030)
7 Global Plastics in Electrical and Electronics Market Revenue (USD Million) by Type, and Applications (2018-2022)
7.1 Global Plastics in Electrical and Electronics Revenue (USD Million) by Type (2018-2022)
7.1.1 Global Plastics in Electrical and Electronics Revenue (USD Million), Market Share (%) by Type (2018-2022)
7.2 Global Plastics in Electrical and Electronics Revenue (USD Million) by Applications (2018-2022)
7.2.1 Global Plastics in Electrical and Electronics Revenue (USD Million), Market Share (%) by Applications (2018-2022)
8 Global Plastics in Electrical and Electronics Development Regional Status and Outlook
8.1 Global Plastics in Electrical and Electronics Revenue (USD Million) By Regions (2018-2022)
8.2 North America Plastics in Electrical and Electronics Revenue (USD Million) by Type, and Application (2018-2022)
8.2.1 North America Plastics in Electrical and Electronics Revenue (USD Million) by Country (2018-2022)
8.2.2 North America Plastics in Electrical and Electronics Revenue (USD Million) by Type (2018-2022)
8.2.3 North America Plastics in Electrical and Electronics Revenue (USD Million) by Applications (2018-2022)
8.3 Europe Plastics in Electrical and Electronics Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)
8.3.1 Europe Plastics in Electrical and Electronics Revenue (USD Million), by Country (2018-2022)
8.3.2 Europe Plastics in Electrical and Electronics Revenue (USD Million) by Type (2018-2022)
8.3.3 Europe Plastics in Electrical and Electronics Revenue (USD Million) by Applications (2018-2022)
8.4 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)
8.4.1 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) by Country (2018-2022)
8.4.2 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) by Type (2018-2022)
8.4.3 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) by Applications (2018-2022)
8.5 South America Plastics in Electrical and Electronics Revenue (USD Million), by Type, and Applications (2018-2022)
8.5.1 South America Plastics in Electrical and Electronics Revenue (USD Million), by Country (2018-2022)
8.5.2 South America Plastics in Electrical and Electronics Revenue (USD Million) by Type (2018-2022)
8.5.3 South America Plastics in Electrical and Electronics Revenue (USD Million) by Applications (2018-2022)
8.6 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)
8.6.1 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) by Country (2018-2022)
8.6.2 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) by Type (2018-2022)
8.6.3 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) by Applications (2018-2022)
9 Company Profiles
10 Global Plastics in Electrical and Electronics Market Revenue (USD Million), by Type, and Applications (2023-2030)
10.1 Global Plastics in Electrical and Electronics Revenue (USD Million) and Market Share (%) by Type (2023-2030)
10.1.1 Global Plastics in Electrical and Electronics Revenue (USD Million), and Market Share (%) by Type (2023-2030)
10.2 Global Plastics in Electrical and Electronics Revenue (USD Million) and Market Share (%) by Applications (2023-2030)
10.2.1 Global Plastics in Electrical and Electronics Revenue (USD Million), and Market Share (%) by Applications (2023-2030)
11 Global Plastics in Electrical and Electronics Development Regional Status and Outlook Forecast
11.1 Global Plastics in Electrical and Electronics Revenue (USD Million) By Regions (2023-2030)
11.2 North America Plastics in Electrical and Electronics Revenue (USD Million) by Type, and Applications (2023-2030)
11.2.1 North America Plastics in Electrical and Electronics Revenue (USD) Million by Country (2023-2030)
11.2.2 North America Plastics in Electrical and Electronics Revenue (USD Million), by Type (2023-2030)
11.2.3 North America Plastics in Electrical and Electronics Revenue (USD Million), Market Share (%) by Applications (2023-2030)
11.3 Europe Plastics in Electrical and Electronics Revenue (USD Million), by Type, and Applications (2023-2030)
11.3.1 Europe Plastics in Electrical and Electronics Revenue (USD Million), by Country (2023-2030)
11.3.2 Europe Plastics in Electrical and Electronics Revenue (USD Million), by Type (2023-2030)
11.3.3 Europe Plastics in Electrical and Electronics Revenue (USD Million), by Applications (2023-2030)
11.4 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) by Type, and Applications (2023-2030)
11.4.1 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million), by Country (2023-2030)
11.4.2 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million), by Type (2023-2030)
11.4.3 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million), by Applications (2023-2030)
11.5 South America Plastics in Electrical and Electronics Revenue (USD Million), by Type, and Applications (2023-2030)
11.5.1 South America Plastics in Electrical and Electronics Revenue (USD Million), by Country (2023-2030)
11.5.2 South America Plastics in Electrical and Electronics Revenue (USD Million), by Type (2023-2030)
11.5.3 South America Plastics in Electrical and Electronics Revenue (USD Million), by Applications (2023-2030)
11.6 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million), by Type, and Applications (2023-2030)
11.6.1 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million), by Region (2023-2030)
11.6.2 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million), by Type (2023-2030)
11.6.3 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million), by Applications (2023-2030)
12 Methodology and Data Sources
12.1 Methodology/Research Approach
12.1.1 Research Programs/Design
12.1.2 Market Size Estimation
12.1.3 Market Breakdown and Data Triangulation
12.2 Data Sources
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Disclaimer
List of Tables
Table 1 Market Segmentation Analysis
Table 2 Global Plastics in Electrical and Electronics Market Companies with Areas Served
Table 3 Products Offerings Global Plastics in Electrical and Electronics Market
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Plastics in Electrical and Electronics Revenue (USD Million) And CAGR (%) By Type (2018-2030)
Table 8 Global Plastics in Electrical and Electronics Revenue (USD Million) And CAGR (%) By Applications (2018-2030)
Table 9 Global Plastics in Electrical and Electronics Revenue (USD Million) And CAGR (%) By Regions (2018-2030)
Table 10 Global Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Table 11 Global Plastics in Electrical and Electronics Revenue Market Share (%) By Type (2018-2022)
Table 12 Global Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Table 13 Global Plastics in Electrical and Electronics Revenue Market Share (%) By Applications (2018-2022)
Table 14 Global Plastics in Electrical and Electronics Market Revenue (USD Million) By Regions (2018-2022)
Table 15 Global Plastics in Electrical and Electronics Market Share (%) By Regions (2018-2022)
Table 16 North America Plastics in Electrical and Electronics Revenue (USD Million) By Country (2018-2022)
Table 17 North America Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Table 18 North America Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Table 19 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Country (2018-2022)
Table 20 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Table 21 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Table 22 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Country (2018-2022)
Table 23 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Table 24 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Table 25 South America Plastics in Electrical and Electronics Revenue (USD Million) By Country (2018-2022)
Table 26 South America Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Table 27 South America Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Table 28 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Region (2018-2022)
Table 29 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Table 30 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Table 31 Financial Analysis
Table 32 Global Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Table 33 Global Plastics in Electrical and Electronics Revenue Market Share (%) By Type (2023-2030)
Table 34 Global Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Table 35 Global Plastics in Electrical and Electronics Revenue Market Share (%) By Applications (2023-2030)
Table 36 Global Plastics in Electrical and Electronics Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)
Table 37 North America Plastics in Electrical and Electronics Revenue (USD)By Country (2023-2030)
Table 38 North America Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Table 39 North America Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Table 40 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Country (2023-2030)
Table 41 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Table 42 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Table 43 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Country (2023-2030)
Table 44 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Table 45 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Table 46 South America Plastics in Electrical and Electronics Revenue (USD Million) By Country (2023-2030)
Table 47 South America Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Table 48 South America Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Table 49 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Region (2023-2030)
Table 50 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Region (2023-2030)
Table 51 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Table 52 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Table 53 Research Programs/Design for This Report
Table 54 Key Data Information from Secondary Sources
Table 55 Key Data Information from Primary Sources
List of Figures
Figure 1 Market Scope
Figure 2 Porter’s Five Forces
Figure 3 Global Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Figure 4 Global Plastics in Electrical and Electronics Revenue Market Share (%) By Type (2022)
Figure 5 Global Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Figure 6 Global Plastics in Electrical and Electronics Revenue Market Share (%) By Applications (2022)
Figure 7 Global Plastics in Electrical and Electronics Market Revenue (USD Million) By Regions (2018-2022)
Figure 8 Global Plastics in Electrical and Electronics Market Share (%) By Regions (2022)
Figure 9 North America Plastics in Electrical and Electronics Revenue (USD Million) By Country (2018-2022)
Figure 10 North America Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Figure 11 North America Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Figure 12 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Country (2018-2022)
Figure 13 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Figure 14 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Figure 15 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Country (2018-2022)
Figure 16 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Figure 17 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Figure 18 South America Plastics in Electrical and Electronics Revenue (USD Million) By Country (2018-2022)
Figure 19 South America Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Figure 20 South America Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Figure 21 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Region (2018-2022)
Figure 22 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Type (2018-2022)
Figure 23 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2018-2022)
Figure 24 Global Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Figure 25 Global Plastics in Electrical and Electronics Revenue Market Share (%) By Type (2030)
Figure 26 Global Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Figure 27 Global Plastics in Electrical and Electronics Revenue Market Share (%) By Applications (2030)
Figure 28 Global Plastics in Electrical and Electronics Market Revenue (USD Million) By Regions (2023-2030)
Figure 29 North America Plastics in Electrical and Electronics Revenue (USD Million) By Country (2023-2030)
Figure 30 North America Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Figure 31 North America Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Figure 32 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Country (2023-2030)
Figure 33 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Figure 34 Europe Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Figure 35 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Country (2023-2030)
Figure 36 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Figure 37 Asia Pacific Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Figure 38 South America Plastics in Electrical and Electronics Revenue (USD Million) By Country (2023-2030)
Figure 39 South America Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Figure 40 South America Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Figure 41 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Region (2023-2030)
Figure 42 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Region (2023-2030)
Figure 43 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Type (2023-2030)
Figure 44 Middle East and Africa Plastics in Electrical and Electronics Revenue (USD Million) By Applications (2023-2030)
Figure 45 Bottom-Up and Top-Down Approaches For This Report
Figure 46 Data Triangulation
By Polymers
By Application
By Region