Europe Engineering Plastic Market, 2013-2023
Engineering plastics possess physical properties enabling them to perform for prolonged use in structural applications, over a wide temperature range, under mechanical stress, and in tough chemical and physical environments. Engineering plastics have been developed intensively over the past decade because of various potential benefits of these materials in areas such as aerospace and automotive structural applications and electronic packaging.
The Europe engineering plastic market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the Europe engineering plastic market is growing at a fast pace and increasing its geographical footprint rapidly. The Europe engineering plastic market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.
The demand for engineering plastics in Europe has been at a rise, owing to the growing demand from the European automotive and aerospace industry for weight reduction to help in lowering fuel consumption. In the last few years, the European automotive industry has witnessed major transformation with the digitization of vehicles. Engineering plastics are used in automobile manufacturing, because they help reduce overall vehicle weight and vehicular emissions.
The high cost of engineering plastics along with availability of substitutes like few other polymer resins are restraints for the market.
The Europe engineering plastic market has remarkable usage across all major countries in the Europe, such as Germany, France, Italy, UK, Belgium, and Rest of Europe. Some of the major players in engineering plastic market in Europe are BASF, Bayer, DSM, Solvay, Covestro, Solvay SA, and so on.
At Market Krystal, we believe in a systematic approach towards the problem at hand. The process begins with the identification of a challenge/opportunity, followed by an exhaustive brainstorming by in-house and consulting experts. Based on the outcomes, an in-depth research (primary & secondary) is carried out to collect industry insights. The data is then analysed by a gamut of techniques (Statistics, Machine Learning, Econometrics, and Analytics) to derive inter-disciplinary deductions that are executable and result in value creation.
Hence, the engineering plastics market has been divided based on types as PC, ABS, PA-6, PA-66, PET, and similar other. All types of engineering plastics were mapped for different end use sectors in different countries within Europe region. Findings were later integrated for a consolidated report.
Market Krystal ensured a holistic approach by involving experts from diverse functionalities and locations. This allowed a 360 view of the industry dynamic. Market Krystal held more than 30 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
Insights on the Europe engineering plastic industry dynamics
Estimation of the present Europe engineering plastic market size in terms of value and volume
Europe engineering plastic market breakup based on type and application
Substantiated Europe engineering plastic market forecast for the next five years.
In depth analysis of the leading companies working across different nodes of Europe engineering plastic industry value chain
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