Market Forecast By Types (Fluoropolymers (FP), High Performance Polyamides (HPPP), Polyetherimide (PEI), Polyphenylene Sulfide (PPS), Sulfone Polymers (PPSU) and Liquid Crystal Polymers (LCP), By End-Users (Transportation, Medical, Industrial, Electrical & Electronics and Others), By Countries (Germany, U.K, France, Italy and Rest of Europe) and Competitive Landscape.
Product Code: ETC000849 | Publication Date: Jul 2024 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe High Performance Plastic Market |
Forecast period | 2025-2031 |
CAGR | 6% |
Growing Sector | Transportation |
The Europe High Performance Plastic Market report thoroughly covers the market by Countries, Types, and End-Users. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe high performance plastic market is experiencing a significant growth rate from 2024 to 2030. This can be attributed to the exceptional properties of these polymers, making them suitable for use in various industries such as automotive, aerospace, electronics, and medical devices. The demand for these plastics is expected to continue rising due to their wide range of applications in Europe.
According to 6Wresearch, the Europe High Performance Plastic Market size is expected to grow at a significant CAGR of 6% during 2025-2031. One of the major drivers for the high performance plastic market in Europe is the increasing demand from various industries such as automotive, aerospace, and electronics. These plastics offer superior properties including lightweight, high strength, and resistance to chemicals and heat, making them ideal for use in these industries. Additionally, with growing environmental concerns and regulations, there has been a shift towards sustainable materials like high performance plastics which are recyclable and have a longer lifespan.
One of the key challenges faced by this market is the fluctuating prices of raw materials used in manufacturing high performance plastics. As these plastics require specialized formulations and processing techniques, any changes in the cost of raw materials can significantly impact the overall production cost. Moreover, these plastics also have higher costs compared to traditional plastics, which may hinder their adoption in price-sensitive markets.
Some of the leading players in the High Performance Plastic market in Europe include BASF SE, DuPont de Nemours, Inc., Solvay SA, Evonik Industries AG, and Celanese Corporation. These companies offer a wide range of high-performance plastic products for various industries such as automotive, aerospace, electronics, and packaging. They also focus on research and development to introduce new and innovative products to meet the growing demand for high-performance plastics in Europe.
The European Union has implemented several initiatives and regulations to promote the use of high-performance plastics in various industries. The EU's Horizon research and innovation program has allocated funding for projects focused on developing sustainable and eco-friendly high-performance plastic materials. Additionally, the European Plastics Strategy aims to increase recycling and reduce plastic waste, which will have a significant impact on the high-performance plastic industry. Furthermore, government initiatives such as tax incentives and subsidies are being provided to companies that invest in eco-friendly practices, encouraging them to use high-performance plastics.
The High Performance Plastic market in Europe is expected to grow significantly in the coming years due to increasing demand from various end-use industries. The automotive and aerospace sectors, in particular, are expected to drive the market growth with their growing use of lightweight and high-performance plastic materials. Moreover, the rising focus on sustainability and eco-friendliness is also expected to fuel the demand for high-performance plastics in Europe. With ongoing research and development efforts focused on creating more advanced and efficient high-performance plastic products, the future looks promising for this industry.
According to Ravi Bhandari, Research Head, 6Wresearch, the High Performance Polyamides (HPPP) segment is currently leading the market, with a higher demand for lightweight and durable materials in various industries such as automotive and aerospace.
When it comes to end-users, the transportation industry is the largest consumer of high performance plastics in Europe. This can be attributed to the increasing demand for fuel-efficient and lightweight vehicles, as well as advancements in electric and hybrid cars. T
The report provides a detailed analysis of the following market segments
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Europe High Performance Plastic Market Overview |
3.1 Europe High Performance Plastic Market Revenues, 2021-2031F |
3.2 Europe High Performance Plastic Market Revenue Share, By Types, 2021 & 2031F |
3.3 Europe High Performance Plastic Market Revenue Share, By End-Users, 2021 & 2031F |
3.4 Europe High Performance Plastic Market Revenue Share, By Countries, 2021 & 2031F |
3.5 Europe High Performance Plastic Market Industry Life Cycle |
3.6 Europe High Performance Plastic Market- Porter’s Five Forces |
4. Europe High Performance Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Europe High Performance Plastic Market Trends |
6. Europe High Performance Plastic High Performance Plastic Market Overview, By Types |
6.1 Europe Fluoropolymers High Performance Plastic Market Revenues, 2021-2031F |
6.2 Europe High Performance Polyamide High Performance Plastic Market Revenues, 2021-2031F |
6.3 Europe Polyetherimide High Performance Plastic Market Revenues, 2021-2031F |
6.4 Europe Polyphenylene Sulphide High Performance Plastic Market Revenues, 2021-2031F |
6.5 Europe Sulfone Polymers High Performance Plastic Market Revenues, 2021-2031F |
6.6 Europe Liquid Crystal Polymers High Performance Plastic Market Revenues, 2021-2031F |
7. Europe High Performance Plastic Market Overview, By End-Users |
7.1 Europe High Performance Plastic Market Revenues, By Transportation, 2021-2031F |
7.2 Europe High Performance Plastic Market Revenues, By Medical, 2021-2031F |
7.3 Europe High Performance Plastic Market Revenues, By Industrial, 2021-2031F |
7.4 Europe High Performance Plastic Market Revenues, By Electricals & Electronics, 2021-2031F |
7.5 Europe High Performance Plastic Market Revenues, By Other End-Use, 2021-2031F |
8. Germany High Performance Plastic Market Overview |
8.1 Germany High Performance Plastic Market Revenues, 2021-2031F |
8.2 Germany High Performance Plastic Market Revenues, By Types, 2021-2031F |
8.3 Germany High Performance Plastic Market Revenues, By End-Users, 2021-2031F |
9. U.K High Performance Plastic Market Overview |
9.1 U.K High Performance Plastic Market Revenues, 2021-2031F |
9.2 U.K High Performance Plastic Market Revenues, By Types, 2021-2031F |
9.3 U.K High Performance Plastic Market Revenues, By End-Users, 2021-2031F |
10. France High Performance Plastic Market Overview |
10.1 France High Performance Plastic Market Revenues, 2021-2031F |
10.2 France High Performance Plastic Market Revenues, By Types, 2021-2031F |
10.3 France High Performance Plastic Market Revenues, By End-Users, 2021-2031F |
11. Italy High Performance Plastic Market Overview |
11.1 Italy High Performance Plastic Market Revenues, 2021-2031F |
11.2 Italy High Performance Plastic Market Revenues, By Types, 2021-2031F |
11.3 Italy High Performance Plastic Market Revenues, By End-Users, 2021-2031F |
12. Rest of Europe High Performance Plastic Market Overview |
12.1 Rest of Europe High Performance Plastic Market Revenues, 2021-2031F |
13. Europe High Performance Plastic Market Opportunity Assessment |
13.1 Europe High Performance Plastic Market Opportunity Assessment, By Types, 2031F |
13.2 Europe High Performance Plastic Market Opportunity Assessment, By End-Users, 2031F |
14. Europe High Performance Plastic Market Competitive Landscape |
14.1 Europe High Performance Plastic Market Revenue Share, By Companies, 2024 |
14.1.1 Germany High Performance Plastic Market Revenue Share, By Companies, 2024 |
14.1.2 U.K High Performance Plastic Market Revenue Share, By Companies, 2024 |
14.1.3 France High Performance Plastic Market Revenue Share, By Companies, 2024 |
14.1.4 Italy High Performance Plastic Market Revenue Share, By Companies, 2024 |
14.2 Europe High Performance Plastic Market Competitive Benchmarking, By Operating Parameters |
15. Company Profiles |
16. Strategic Recommendations |
17. Disclaimer |
Market Forecast By Types (Fluoropolymers (FP), High Performance Polyamides (HPPP), Polyetherimide (PEI), Polyphenylene Sulfide (PPS), Sulfone Polymers (PPSU) and Liquid Crystal Polymers (LCP), By End-Users (Transportation, Medical, Industrial, Electrical & Electronics and Others), By Countries (Germany, U.K, France, Italy and Rest of Europe) and Competitive Landscape.
Product Code: ETC000849 | Publication Date: Sep 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
In the European region, there is a growing demand for aircraft and vehicles with better speed and durability features, which would result in surge in market of high-performance plastic (HPP) products. Aircraft manufacturing companies such as Airbus and Boeing are using HPP products for manufacturing and maintenance services of outer layer and interior parts of engine in aircraft. Moreover, due to the anti-radiation property of HPP products, they are deployed in the CT scan, X-ray machines and radiation-based medical machine, which would further drive the market of high-performance plastic over the forecast period.
According to 6Wresearch, Europe High-Performance Plastic Market size is projected to grow during 2019-2025, due to increasing demand for healthcare and transportation facilities in the region. Further, Germany and France are the key countries registering maximum sales of High-Performance Plastics in Europe.
Based on end-use, transportation and medical holds major market revenue share of high-performance plastics in Europe. Moreover, based on the type of HPP, Polyphenylene Sulphide (PPS), Sulfone Polymers (PPSU) accounts for major share of market revenues.
The Europe high-performance plastic market report thoroughly covers the market by types, by end-users and countries including Germany, U.K, Italy, France and the rest of Europe. The Europe high performance plastic market outlook report provides an unbiased and detailed analysis of the on-going Europe high performance plastic market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
The Europe High Performance Plastic (HPP) Market report provides a detailed analysis of the following market segments:
By Countries: