Europe Engineering Plastics market - Segmented by Product type, Application and Geography - Trends and Forecasts (2016 - 2021)

  • ID: 3606069
  • Report
  • Region: Europe
  • 100 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Arkema SA
  • BASF SE
  • Celanese Corporation
  • Eastman Chemical Company
  • Lanxess AG
  • Polyplastic Co. Ltd
  • MORE
Demand for engineering plastics in Europe is likely to sustain the slowest CAGR of 4.5%-5% over the 2014-2020 analysis period. Germany constitutes the largest and the fastest growing engineering plastics market in the region. With regard to the product segment, the market for styrene copolymers (ABS & SAN) is the largest. By end-use area, highest consumption of engineering plastics is recorded for consumer goods & appliances, though fastest growth for the same is anticipated from automotive & transportation applications.

Engineering plastics typically possess superior properties, such as high dimensional stability, enhanced resistance to heat and chemicals and greater mechanical strength. Since each category of engineering plastics offers unique properties, their application in the range of end-use industries has been growing significantly.

Increased demand for light-weight, flexibility and durability of the materials have enabled the penetration of engineering plastics into sectors that were hitherto, unexplored or not thought viable, including automotive & transportation, building & construction, consumer goods & appliances, electrical & electronics and industrial machinery and packaging, among others. In these industries, engineering plastics are being increasingly utilized as substitutes for conventional materials, such as metal and wood. Companies have been engaged in extensive research and development activities focused on developing improved grades of engineering plastics, which is anticipated to increase the scope of their utilization to a greater extent. Innovation in products has become the standard strategy adopted by major players in this sector, who are also engaging in mergers and acquisitions, collaborations and expansions into unexplored markets

In terms of product, demand for styrene copolymers (ABS & SAN) is the largest while, on the application front, consumer goods & appliances have the highest number of end-users. Asia-Pacific constitutes the largest, as well as, the fastest growing global market for engineering plastics. However, the developed markets of North America and Europe are likely to exhibit slower growth over the analysis period. Automotive & transportation and building construction are two of the more promising application areas for engineering plastics. The market is segmented by product types (Fluoropolymers, Polyacetal/Polyoxymethylene, Polyamides, Polycarbonates, Polymethyl Methacrylate (PMMA), Polyphenylene Oxide (PPO/PPE Blends), Polyphenylene Sulfide (PPS), Styrene Copolymers (ABS & SAN), Thermoplastic Polyesters (PET & PBT) and Other engineering plastics), by their application (Automotive & Transportation, building & construction, consumer goods & appliances, electrical & electronics, industrial & machinery and packaging) and by their geography (North America, Asia-Pacific, Europe, Middle East & Africa and South America). The prime players in this market are BASF SE, Bayer Material Science, Poly Plastic Co. Ltd, Mitsubishi Engineering Plastic Corporation.

Drivers:

Engineering plastics are replacing the traditional materials as there is demand for lighter, more flexible and innovative products.

Restraints:

The raw materials used in this industry are expensive and there are strict environmental norms curbing the use of plastics

What the report offers?

1) Market Definition for the specified topic along with identification of key drivers and restraints for the market.

2) Market analysis of the Europe Engineering plastics Market with region specific assessments and competition analysis on both the global and regional scales.

3) Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

4) Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.

5) Identification and analysis of the Macro and Micro factors that affect the Europe Engineering plastics Market on both global and regional scale.

6) A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arkema SA
  • BASF SE
  • Celanese Corporation
  • Eastman Chemical Company
  • Lanxess AG
  • Polyplastic Co. Ltd
  • MORE
1. Introduction

1.1 Description

1.2 Research Methodology

1.3 Report Outline

2. Executive Summary

3. Market Overview

3.1 Current Market Scenario

3.2 Factors Driving the Engineering Plastics Market

3.2.1 Engineering Plastics Replacing Traditional Materials

3.2.2 Growing Demand for Lighter and Flexible Products in a Range of Industries

3.2.3 Companies Focusing on R&D to Develop Newer and Better Engineering Plastics

3.3 Restraints for the Engineering Plastics Market

3.3.1 Raw Material Price Volatility

3.4 Opportunities for the Engineering Plastics Market

3.4.1 Innovative Product Approaches by Companies

3.4.2 Introduction of “Green Vehicles” a Key to Future Growth

3.5 Porter’s Five Forces

3.5.1 Bargaining Power of Suppliers

3.5.2 Bargaining Power of Consumers

3.5.3 Threat of New Entrants

3.5.4 Threat of Substitute Products and Services

3.6 Industry Value Chain Analysis

4. Market Segmentation

4.1 By Product

4.1.1 Fluoropolymers (PTFE & Others)

4.1.2 Polyacetal/Polyoxymethylene

4.1.3 Polyamides

4.1.4 Polycarbonates

4.1.5 Polymethyl Methacrylate (PMMA)

4.1.6 Polyphenylene Oxide (PPO/PPE Blends)

4.1.7 Polyphenylene Sulfide (PPS)

4.1.8 Styrene Copolymers (ABS & SAN)

4.1.9 Thermoplastic Polyesters (PET & PBT)

4.1.10 Other Engineering Plastics

4.2 By Application

4.2.1 Automotive & Transportation

4.2.2 Building & Construction

4.2.3 Consumer Goods & Appliances

4.2.4 Electrical & Electronics

4.2.5 Industrial & Machinery

4.2.6 Packaging

4.2.7 Other Applications

5. European Market Analysis

5.1 France

5.2 Germany

5.3 Italy

5.4 United Kingdom

5.5 Rest of Europe

6. Policies and Regulations

7. Competitor Analysis

7.1 Market Shares of Leading Global Players

7.2 Strategies Adopted by Leading Global Players

8. Company Profiles

8.1 Arkema SA

8.2 Asahi Kasei Corporation

8.3 BASF SE

8.4 Bayer MaterialScience

8.5 Celanese Corporation

8.6 Chevron Phillips Chemical Company LP

8.7 Daicel Corporation

8.8 E. I. DuPont De Nemours & Company

8.9 Eastman Chemical Company

8.10 Evonik Industries AG

8.11 Lanxess AG

8.12 LG Chem Ltd

8.13 Mitsubishi Engineering Plastic Corporation

8.14 Polyplastic Co. Ltd

8.15 Royal DSM NV

8.16 SABIC Innovative Plastics

8.17 Solvay Plastics

8.18 Teijin Chemicals Limited

9. Appendix
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Arkema SA

Asahi Kasei Corporation

BASF SE

Bayer MaterialScience

Celanese Corporation

Chevron Phillips Chemical Company LP

Daicel Corporation

E. I. DuPont De Nemours & Company

Eastman Chemical Company

Evonik Industries AG

Lanxess AG

LG Chem Ltd

Mitsubishi Engineering Plastic Corporation

Polyplastic Co. Ltd

Royal DSM NV

SABIC Innovative Plastics

Solvay Plastics

Teijin Chemicals Limited
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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