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European Polymer Blends and Alloys Markets
Frost & Sullivan, April 2010, Pages: 70
This study covers the state of the European polymer blends and alloys market, examining drivers and restraints for growth, pricing demand and application trends. Following from these, market growth for regional and market segments are forecasted. The base year is 2009 with forecasts running through 2016. The market is further divided into three sub-segments including transportation, personal well being (electronics and consumer goods) and construction and industrial applications.
This Frost & Sullivan research service titled European Polymer Blends and Alloys Markets provides a comprehensive analysis of the market for polymer blends along with the applications of bio-based polymer blends. In this research, Frost & Sullivan's expert analysts thoroughly examine the following applications: transportation, electronics, consumer goods and construction and industrial.
Market Overview
Significant Prospects in the East European Electronic Housing and Computer-related Applications to Boost Growth in the European Polymer Blends and
Alloys Market
Growth in the European polymer blends and alloys market has slackened due to the global economic slowdown, with automotive applications being the worst affected. However, Eastern Europe holds high growth prospects for polymer blend applications, especially in the electronics industry. Electronic housing and computer-related applications would be the main development areas for polymer blends, especially polycarbonate blends. “The electronic housing industry, including housing of IT-related products such as personal computers (PCs) and laptops will be the major growth drivers for the polymer blends and alloys market in Europe,” says the analyst of this research. “Global manufacturers of electronic and IT-related products are moving their manufacturing locations to Eastern Europe, which has better quality control standards than Asia.”
Several companies are expanding their operations in countries such as Poland, Romania, the Czech Republic, Turkey and Hungary. Bio-based polymer blends are showing an equally good growth potential, as companies in that market are diversifying from bags and packaging-related applications to high performance ones. These will act as major drivers to facilitate the replacement of engineering and commodity plastics with bio-based or biodegradable plastics.
However, the key challenge for blend manufacturers is in identifying new application areas for polymer blends. Additionally, the growing presence of Asian polymer blend suppliers in Eastern Europe is stepping-up competition, making it more challenging for the European blend manufacturers to boost their market share. “Although it will be a challenge for polymer blend manufacturers to experience growth in the current market scenario, the demand for polymer blends is expected to increase after 2012,” explains the analyst. Polymer blend manufacturers should work closely with customers to identify the niche opportunities in polymer blend applications. Bio-based polymer blends is another area for companies to invest, as there is a requirement for bio-based materials that can be used for engineering applications.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
By Application Segment:
- Transportation
- Electronics
- Consumer goods and construction
- Industrial
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