Australia Engineering Plastics Market Report and Forecast 2025-2034

Australia Engineering Plastics Market Outlook

The Australia engineering plastics market size reached USD 551.64 million in 2024. The market is expected to grow at a CAGR of 5.8% between 2025 and 2034, reaching almost USD 924.05 million by 2034.

Key Takeaways:

• In 2023, Australia's exports of electrical and electronic equipment amounted to USD 3.89 billion, as reported by the United Nations COMTRADE database on international trade.

• According to industry reports, smart speakers dominate the landscape of smart home devices in Australian households, boasting a user base of 12 million as of 2021. Accompanied by smart lighting systems and thermostats, these devices facilitate convenient remote control and scheduling of appliances.

Engineering plastics, a class of synthetic resins with superior performance characteristics compared to conventional plastics, are witnessing increasing demand in Australia. These plastics offer stability across a wide temperature range and withstand mechanical stress, climate variations, and chemical exposure effectively. Australia’s push for manufacturing growth, particularly in electrical and electronic equipment production, is bolstering demand, driven by the surge in smart devices and domestic consumption.

The Australia engineering plastics market growth is further fuelled by the rising adoption of advanced technologies like digitalisation, robotics, IoT, and 5G connectivity. Local demand, coupled with fleet upgrades, is expected to boost aerospace component production. However, Australia currently relies heavily on imports to meet its engineering plastics demand.

Australia has initiated the National Plastics Plan, emphasising product stewardship through recycling and waste reduction. Engineering plastics find applications in various industries, including mechanical components, packaging, and containers, owing to their lightweight nature and performance advantages over metals and ceramics. These materials are increasingly replacing metals in construction and automotive sectors due to their durability, design flexibility, and high strength-to-weight ratios, contributing to improved fuel efficiency. The injection moulding process drives the Australian engineering plastics market development and demand by converting engineering plastics into essential end products.

Market expansion is primarily driven by the growing automobile industry amid urbanisation trends. In the electronics sector, the demand for engineering plastics is rising alongside the expansion of electronic and electrical industries, driven by increased consumer demand for electronic products.

The construction sector's boom, fuelled by rapid urbanisation, also contributes to market growth, as engineering plastics find applications in various construction materials. Additionally, the packaging industry's growth, driven by increased consumer goods demand, supports the engineering plastics market, given their role in packaging materials.

In the food and beverage sector, engineering plastics are witnessing high demand due to the rising need for packaging materials amid increasing demand for packaged food products. Overall, advancements in technology and changing consumer preferences are driving the expansion of the engineering plastics market across diverse industries in Australia.

Market Segmentation

Australia Engineering Plastics Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Liquid Crystal Polymer (LCP)

• Polycarbonate (PC) 

• Polyethylene Terephthalate (PET) 

• Polybutylene Terephthalate (PBT) 

• Polyoxymethylene (POM) 

• Polyamide (PA) 
  • Polyamide (PA) 6 
  • Polyphthalamide 
  • Aramid 
  • Polyamide (PA) 66
• Polyether Ether Ketone (PEEK) 

• Polyimide (PI) 

• Fluoropolymer
  • Polytetrafluoroethylene (PTFE) 
  • Polyvinylidene Fluoride (PVDF) 
  • Ethylenetetrafluoroethylene (ETFE) 
  • Polyvinylfluoride (PVF) 
  • Fluorinated Ethylene-propylene (FEP)
  • Others
• Styrene Copolymers (ABS and SAN) 

• Polymethyl Methacrylate (PMMA)

Market Breakup by Performance Parameter

• Low Performance

• High Performance

Market Breakup by Application

• Electricals and Electronics 
  • Sockets and Switches
  • Semiconductors
• Automotive and Transportation 
  • Power Train
  • Interior
  • Under the hood applications
  • Exterior 
• Industrial and Machinery 
  • Power Tools
• Consumer Appliances 
  • Mobiles and Computers
  • Air Conditioners
  • Television and Music Players
• Packaging 
  • Medical
  • Power Tools
  • Others

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Western Australia

• Australian Capital Territory

• Others

Competitive Landscape

Key players in the engineering plastics in Australia research, develop and manufacture products while forming partnerships and mergers to support end users in the market.

• Covestro AG

• McNeall Plastics Pty Ltd.

• AJ Plastics Engineering Pty Ltd.

• Metal Manufactures Pty Limited.

• Solutions In Plastic & Engineering

• Plasticut

• Adarsh Australia

• Intelsol Pty Ltd. T/A Australian Plastic Fabricators

• Engineering Plastics on Line Pty Ltd.

• Others

Key Highlights of the Report