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2025-06-13 03:00:37 -

Engineering Plastics Market Poised for Growth in Industrial Machinery

According to a recent report by Grand View Research, Inc., the global engineering plastics market is projected to reach USD 230.64 billion by 2030, expanding at a CAGR of 7.8% from 2024 to 2030. The growing use of engineering plastics in the automotive sector is primarily driven by their lightweight properties, which contribute to lower fuel consumption compared to conventional...

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