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Germany Engineering Plastics Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

The Germany Engineering Plastics Market is segmented by End User Industry (Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging) and by Resin Type (Fluoropolymer, Liquid Crystal Polymer (LCP), Polyamide (PA), Polybutylene Terephthalate (PBT), Polycarbonate (PC), Polyether Ether Ketone (PEEK), Polyethylene Terephthalate (PET), Polyimide (PI), Polymethyl Methacrylate (PMMA), Polyoxymethylene (POM), Styrene Copolymers (ABS and SAN)). Market Value in USD and Volume in tons are both presented. Key Data Points observed include volume of automobile production, new construction floor area, plastic packaging production volume, plastic resin production, imports and exports, and price of plastic resins.

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Germany Engineering Plastics Market Size

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Germany Engineering Plastics Market Summary
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svg icon Study Period 2017 - 2029
svg icon Market Size (2024) USD 4.76 Billion
svg icon Market Size (2029) USD 6.16 Billion
svg icon Largest Share by End User Industry Packaging
svg icon CAGR (2024 - 2029) 5.30 %
svg icon Fastest Growing by End User Industry Aerospace
svg icon Market Concentration Medium

Major Players
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*Disclaimer: Major Players sorted in alphabetical order.

Key Players

Compare market size and growth of Germany Engineering Plastics Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

Commodity Chemicals

Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

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Germany Engineering Plastics Market Analysis

The Germany Engineering Plastics Market size is estimated at 4.76 billion USD in 2024, and is expected to reach 6.16 billion USD by 2029, growing at a CAGR of 5.30% during the forecast period (2024-2029).

4.76 Billion

Market Size in 2024 (USD)

6.16 Billion

Market Size in 2029 (USD)

-0.03 %

CAGR (2017-2023)

5.30 %

CAGR (2024-2029)

Largest Market by End-user Industry

20.05 %

value share, Packaging, 2023

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Due to the wide range of applications, including bottles, jars, and containers, specifically in the food and beverage industry, the packaging segment occupied the major share.

Fastest Growing Market by End-user Industry

7.22 %

Projected CAGR, Aerospace, 2024-2029

Icon image

The aerospace industry is expected to witness the fastest growth due to the rapid adoption of lightweight and high-impact resistant engineering plastics to replace traditional metal parts.

Largest Market by Resin Type

26.30 %

value share, Polyamide (PA), 2023

Due to the widespread applications in the automotive and electronics industries, like replacing traditional metal parts with lightweight and flexible components, polyamide resins recorded a major share.

Fastest Growing Market by Resin Type

6.69 %

Projected CAGR, Liquid Crystal Polymer (LCP), 2024-2029

Owing to the rising demand for high-performance, smaller, and thinner electrical components, LCP resin is projected to witness the fastest growth in the coming years.

Leading Market Player

14.31 %

market share, BASF SE, 2022

Icon image

In 2022, the company held the largest market share, with a huge production capacity of around 370 kilotons per year of polymer resins in Germany. It majorly provides polyamide resins for automotive parts and construction materials.

Rising adoption of advanced materials to drive the demand for engineering plastics

  • The German engineering plastics market accounted for around 21.5%, by value, of the European engineering plastics market in 2022. One of the major reasons behind the rise in the consumption of engineering plastics is their increasing application in the packaging and electrical and electronics industries.
  • The packaging industry comprises the largest industry in the market, with a growth rate of 5.9%, by value, in 2022 compared to the previous year. With the increased demand for ready-to-eat convenience food and the emerging trend of on-the-go lifestyles, the consumption of packaging materials increased, bolstering the sales of engineering plastics. The emerging trend of online shopping from e-commerce websites also serves as a driving factor in the packaging industry.
  • The electrical and electronics industry is the second-largest, which is expected to witness a consumption of 12%, by volume, in 2023 compared to 2022. Trends like the use of advanced materials, organic electronics, miniaturization, and disruptive technologies like artificial intelligence (AI) and the Internet of Things (IoT) have enabled smart manufacturing practices and worked as growth drivers for the industry.
  • The market is expected to register a CAGR of 5.53% during the forecast period (2023-2029), with the aerospace industry reporting the highest CAGR of 7.55%, by value, due to an increase in the production of aerospace components. For instance, aerospace component production revenue is expected to reach USD 66.2 billion by 2029 compared to USD 42.3 billion in 2022.
Germany Engineering Plastics Market

Germany Engineering Plastics Market Trends

Technological innovations are likely to increase electrical and electronics production

  • Rising disposable incomes, technological advancements, improvement in living standards, and shifting preferences toward smart homes and offices are driving the growth of the electrical and electronics industry. In 2017, Germany was the largest electrical and electronics producer, accounting for around 24.3% of the European market.
  • In 2020, the electrical and electronic production in the country decreased by 3.7% by revenue compared to the previous year, owing to country-wide lockdowns and the temporary shutdown of manufacturing facilities, causing several issues, including supply chain disruptions. In 2020, the exports of Germany鈥檚 electrical industry were USD 224 billion, 6.6% lower than the previous year. In 2021, German export of the electrical and electronics industry reached a value of EUR 224.6 billion, 10.1% higher compared to 2020. As a result, electrical and electronics production in the country increased by a growth rate of 7.5% by revenue in 2021.鈥�
  • The rapid pace of technological innovation is driving consistent demand for newer and faster electrical and electronic products. The demand for advanced technologies such as virtual reality, IoT solutions, 5G connectivity, and robotics is expected to grow during the forecast period. As a result of technological advancements, demand for consumer electronics is expected to rise during the forecast period. By 2027, consumer electronics in the country are projected to grow by 8.7% and generate a market volume of around USD 18.8 billion. As a result, it is projected to increase the demand for electrical and electronics production. By 2027, Germany is projected to hold the largest electrical and electronics production, accounting for around 22.2% of the European market.鈥�
Germany Engineering Plastics Market

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • Civil aviation sector to drive the aerospace component production
  • Increasing disposable incomes and investments to augment the construction industry
  • Local manufacturing capabilities to boost exports in the future
  • Germany targets to get 100% recycling with nearly 100% plastic waste recovery
  • Germany had a recycling rate of 98% in 2021 with total PET waste accounting for 2.5 million tons
  • New investments in electric mobility to foster the automotive production
  • Food packaging to propel plastic packaging production
  • Rising crude oil prices to impact engineering plastics prices
  • Mechanical recycling of polycarbonate plastics to be challenging because of the poor quality of the recovered material
  • Germany generated over 1.6 million tons of WEEE in 2019 which could be an opportunity for manufacturers to produce R-ABS

Germany Engineering Plastics Industry Overview

The Germany Engineering Plastics Market is moderately consolidated, with the top five companies occupying 59.43%. The major players in this market are BASF SE, Celanese Corporation, Covestro AG, Equipolymers and Indorama Ventures Public Company Limited (sorted alphabetically).

Germany Engineering Plastics Market Leaders

  1. BASF SE

  2. Celanese Corporation

  3. Covestro AG

  4. Equipolymers

  5. Indorama Ventures Public Company Limited

Germany Engineering Plastics Market Concentration

Other important companies include 3M, BARLOG Plastics GmbH, Domo Chemicals, DuBay Polymer GmbH, Evonik Industries AG, Grupa Azoty S.A., INEOS, LANXESS, R枚hm GmbH, Trinseo.

*Disclaimer: Major Players sorted in alphabetical order.

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Germany Engineering Plastics Market News

  • February 2023: Covestro AG introduced Makrolon 3638 polycarbonate for healthcare and life sciences applications such as drug delivery devices, wellness and wearable devices, and single-use containers for biopharmaceutical manufacturing.
  • November 2022: Celanese Corporation completed the acquisition of the Mobility & Materials (鈥淢&M鈥�) business of DuPont. This acquisition enhanced the company's product portfolio of engineered thermoplastics through the addition of well-recognized brands and intellectual properties of DuPont.
  • October 2022: BASF SE introduced two new sustainable POM products, Ultraform LowPCF (Low Product Carbon Footprint) and Ultraform BMB (Biomass Balance), to reduce the carbon footprint, save fossil resources, and support the reduction of greenhouse gas (GHG) emissions.

Free with this Report

We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 15+ free charts, the section covers rare data on various end-user production trends including passenger vehicle production, commercial vehicle production, motorcycle production, aerospace components production, electrical and electronics production, and regional data for engineering plastics demand etc.

Germany Engineering Plastics Market
Germany Engineering Plastics Market
Germany Engineering Plastics Market
Germany Engineering Plastics Market

Germany Engineering Plastics Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study鈥�

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. End User Trends

      1. 2.1.1. Aerospace

      2. 2.1.2. Automotive

      3. 2.1.3. Building and Construction

      4. 2.1.4. Electrical and Electronics

      5. 2.1.5. Packaging

    2. 2.2. Import And Export Trends

    3. 2.3. Price Trends

    4. 2.4. Recycling Overview

      1. 2.4.1. Polyamide (PA) Recycling Trends

      2. 2.4.2. Polycarbonate (PC) Recycling Trends

      3. 2.4.3. Polyethylene Terephthalate (PET) Recycling Trends

      4. 2.4.4. Styrene Copolymers (ABS and SAN) Recycling Trends

    5. 2.5. Regulatory Framework

      1. 2.5.1. Germany

    6. 2.6. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 3.1. End User Industry

      1. 3.1.1. Aerospace

      2. 3.1.2. Automotive

      3. 3.1.3. Building and Construction

      4. 3.1.4. Electrical and Electronics

      5. 3.1.5. Industrial and Machinery

      6. 3.1.6. Packaging

      7. 3.1.7. Other End-user Industries

    2. 3.2. Resin Type

      1. 3.2.1. Fluoropolymer

        1. 3.2.1.1. By Sub Resin Type

          1. 3.2.1.1.1. Ethylenetetrafluoroethylene (ETFE)

          2. 3.2.1.1.2. Fluorinated Ethylene-propylene (FEP)

          3. 3.2.1.1.3. Polytetrafluoroethylene (PTFE)

          4. 3.2.1.1.4. Polyvinylfluoride (PVF)

          5. 3.2.1.1.5. Polyvinylidene Fluoride (PVDF)

          6. 3.2.1.1.6. Other Sub Resin Types

      2. 3.2.2. Liquid Crystal Polymer (LCP)

      3. 3.2.3. Polyamide (PA)

        1. 3.2.3.1. By Sub Resin Type

          1. 3.2.3.1.1. Aramid

          2. 3.2.3.1.2. Polyamide (PA) 6

          3. 3.2.3.1.3. Polyamide (PA) 66

          4. 3.2.3.1.4. Polyphthalamide

      4. 3.2.4. Polybutylene Terephthalate (PBT)

      5. 3.2.5. Polycarbonate (PC)

      6. 3.2.6. Polyether Ether Ketone (PEEK)

      7. 3.2.7. Polyethylene Terephthalate (PET)

      8. 3.2.8. Polyimide (PI)

      9. 3.2.9. Polymethyl Methacrylate (PMMA)

      10. 3.2.10. Polyoxymethylene (POM)

      11. 3.2.11. Styrene Copolymers (ABS and SAN)

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).

      1. 4.4.1. 3M

      2. 4.4.2. BARLOG Plastics GmbH

      3. 4.4.3. BASF SE

      4. 4.4.4. Celanese Corporation

      5. 4.4.5. Covestro AG

      6. 4.4.6. Domo Chemicals

      7. 4.4.7. DuBay Polymer GmbH

      8. 4.4.8. Equipolymers

      9. 4.4.9. Evonik Industries AG

      10. 4.4.10. Grupa Azoty S.A.

      11. 4.4.11. Indorama Ventures Public Company Limited

      12. 4.4.12. INEOS

      13. 4.4.13. LANXESS

      14. 4.4.14. R枚hm GmbH

      15. 4.4.15. Trinseo

  7. 5. KEY STRATEGIC QUESTIONS FOR ENGINEERING PLASTICS CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter鈥檚 Five Forces Framework (Industry Attractiveness Analysis)

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. PRODUCTION REVENUE OF AEROSPACE COMPONENTS, USD, GERMANY, 2017 - 2029
  1. Figure 2:  
  2. PRODUCTION VOLUME OF AUTOMOBILES, UNITS, GERMANY, 2017 - 2029
  1. Figure 3:  
  2. FLOOR AREA OF NEW CONSTRUCTION, SQUARE FEET, GERMANY, 2017 - 2029
  1. Figure 4:  
  2. PRODUCTION REVENUE OF ELECTRICAL AND ELECTRONICS, USD, GERMANY, 2017 - 2029
  1. Figure 5:  
  2. PRODUCTION VOLUME OF PLASTIC PACKAGING, TONS, GERMANY, 2017 - 2029
  1. Figure 6:  
  2. IMPORT REVENUE OF ENGINEERING PLASTICS BY RESIN TYPE, USD, GERMANY, 2017 - 2021
  1. Figure 7:  
  2. EXPORT REVENUE OF ENGINEERING PLASTICS BY RESIN TYPE, USD, GERMANY, 2017 - 2021
  1. Figure 8:  
  2. PRICE OF ENGINEERING PLASTICS BY RESIN TYPE, USD PER KG, GERMANY, 2017 - 2021
  1. Figure 9:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 10:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 11:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, TONS, GERMANY, 2017 - 2029
  1. Figure 12:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, USD, GERMANY, 2017 - 2029
  1. Figure 13:  
  2. VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, GERMANY, 2017, 2023, AND 2029
  1. Figure 14:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY END USER INDUSTRY, %, GERMANY, 2017, 2023, AND 2029
  1. Figure 15:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, TONS, GERMANY, 2017 - 2029
  1. Figure 16:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY, USD, GERMANY, 2017 - 2029
  1. Figure 17:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AEROSPACE INDUSTRY BY RESIN TYPE, %, GERMANY, 2022 VS 2029
  1. Figure 18:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, TONS, GERMANY, 2017 - 2029
  1. Figure 19:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY, USD, GERMANY, 2017 - 2029
  1. Figure 20:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN AUTOMOTIVE INDUSTRY BY RESIN TYPE, %, GERMANY, 2022 VS 2029
  1. Figure 21:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, TONS, GERMANY, 2017 - 2029
  1. Figure 22:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY, USD, GERMANY, 2017 - 2029
  1. Figure 23:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN BUILDING AND CONSTRUCTION INDUSTRY BY RESIN TYPE, %, GERMANY, 2022 VS 2029
  1. Figure 24:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, TONS, GERMANY, 2017 - 2029
  1. Figure 25:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY, USD, GERMANY, 2017 - 2029
  1. Figure 26:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN ELECTRICAL AND ELECTRONICS INDUSTRY BY RESIN TYPE, %, GERMANY, 2022 VS 2029
  1. Figure 27:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, TONS, GERMANY, 2017 - 2029
  1. Figure 28:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY, USD, GERMANY, 2017 - 2029
  1. Figure 29:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN INDUSTRIAL AND MACHINERY INDUSTRY BY RESIN TYPE, %, GERMANY, 2022 VS 2029
  1. Figure 30:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, TONS, GERMANY, 2017 - 2029
  1. Figure 31:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY, USD, GERMANY, 2017 - 2029
  1. Figure 32:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN PACKAGING INDUSTRY BY RESIN TYPE, %, GERMANY, 2022 VS 2029
  1. Figure 33:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, TONS, GERMANY, 2017 - 2029
  1. Figure 34:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY, USD, GERMANY, 2017 - 2029
  1. Figure 35:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED IN OTHER END-USER INDUSTRIES INDUSTRY BY RESIN TYPE, %, GERMANY, 2022 VS 2029
  1. Figure 36:  
  2. VOLUME OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, TONS, GERMANY, 2017 - 2029
  1. Figure 37:  
  2. VALUE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, USD, GERMANY, 2017 - 2029
  1. Figure 38:  
  2. VOLUME SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, GERMANY, 2017, 2023, AND 2029
  1. Figure 39:  
  2. VALUE SHARE OF ENGINEERING PLASTICS CONSUMED BY RESIN TYPE, %, GERMANY, 2017, 2023, AND 2029
  1. Figure 40:  
  2. VOLUME OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, TONS, GERMANY, 2017 - 2029
  1. Figure 41:  
  2. VALUE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, USD, GERMANY, 2017 - 2029
  1. Figure 42:  
  2. VOLUME SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, GERMANY, 2017, 2023, AND 2029
  1. Figure 43:  
  2. VALUE SHARE OF FLUOROPOLYMER CONSUMED BY SUB RESIN TYPE, %, GERMANY, 2017, 2023, AND 2029
  1. Figure 44:  
  2. VOLUME OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 45:  
  2. VALUE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 46:  
  2. VALUE SHARE OF ETHYLENETETRAFLUOROETHYLENE (ETFE) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 47:  
  2. VOLUME OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 48:  
  2. VALUE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 49:  
  2. VALUE SHARE OF FLUORINATED ETHYLENE-PROPYLENE (FEP) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 50:  
  2. VOLUME OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 51:  
  2. VALUE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 52:  
  2. VALUE SHARE OF POLYTETRAFLUOROETHYLENE (PTFE) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 53:  
  2. VOLUME OF POLYVINYLFLUORIDE (PVF) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 54:  
  2. VALUE OF POLYVINYLFLUORIDE (PVF) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 55:  
  2. VALUE SHARE OF POLYVINYLFLUORIDE (PVF) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 56:  
  2. VOLUME OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 57:  
  2. VALUE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 58:  
  2. VALUE SHARE OF POLYVINYLIDENE FLUORIDE (PVDF) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 59:  
  2. VOLUME OF OTHER SUB RESIN TYPES CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 60:  
  2. VALUE OF OTHER SUB RESIN TYPES CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 61:  
  2. VALUE SHARE OF OTHER SUB RESIN TYPES CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 62:  
  2. VOLUME OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 63:  
  2. VALUE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 64:  
  2. VALUE SHARE OF LIQUID CRYSTAL POLYMER (LCP) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 65:  
  2. VOLUME OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, TONS, GERMANY, 2017 - 2029
  1. Figure 66:  
  2. VALUE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, USD, GERMANY, 2017 - 2029
  1. Figure 67:  
  2. VOLUME SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, GERMANY, 2017, 2023, AND 2029
  1. Figure 68:  
  2. VALUE SHARE OF POLYAMIDE (PA) CONSUMED BY SUB RESIN TYPE, %, GERMANY, 2017, 2023, AND 2029
  1. Figure 69:  
  2. VOLUME OF ARAMID CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 70:  
  2. VALUE OF ARAMID CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 71:  
  2. VALUE SHARE OF ARAMID CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 72:  
  2. VOLUME OF POLYAMIDE (PA) 6 CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 73:  
  2. VALUE OF POLYAMIDE (PA) 6 CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 74:  
  2. VALUE SHARE OF POLYAMIDE (PA) 6 CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 75:  
  2. VOLUME OF POLYAMIDE (PA) 66 CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 76:  
  2. VALUE OF POLYAMIDE (PA) 66 CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 77:  
  2. VALUE SHARE OF POLYAMIDE (PA) 66 CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 78:  
  2. VOLUME OF POLYPHTHALAMIDE CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 79:  
  2. VALUE OF POLYPHTHALAMIDE CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 80:  
  2. VALUE SHARE OF POLYPHTHALAMIDE CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 81:  
  2. VOLUME OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 82:  
  2. VALUE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 83:  
  2. VALUE SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 84:  
  2. VOLUME OF POLYCARBONATE (PC) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 85:  
  2. VALUE OF POLYCARBONATE (PC) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 86:  
  2. VALUE SHARE OF POLYCARBONATE (PC) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 87:  
  2. VOLUME OF POLYETHER ETHER KETONE (PEEK) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 88:  
  2. VALUE OF POLYETHER ETHER KETONE (PEEK) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 89:  
  2. VALUE SHARE OF POLYETHER ETHER KETONE (PEEK) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 90:  
  2. VOLUME OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 91:  
  2. VALUE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 92:  
  2. VALUE SHARE OF POLYETHYLENE TEREPHTHALATE (PET) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 93:  
  2. VOLUME OF POLYIMIDE (PI) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 94:  
  2. VALUE OF POLYIMIDE (PI) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 95:  
  2. VALUE SHARE OF POLYIMIDE (PI) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 96:  
  2. VOLUME OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 97:  
  2. VALUE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 98:  
  2. VALUE SHARE OF POLYMETHYL METHACRYLATE (PMMA) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 99:  
  2. VOLUME OF POLYOXYMETHYLENE (POM) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 100:  
  2. VALUE OF POLYOXYMETHYLENE (POM) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 101:  
  2. VALUE SHARE OF POLYOXYMETHYLENE (POM) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 102:  
  2. VOLUME OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, TONS, GERMANY, 2017 - 2029
  1. Figure 103:  
  2. VALUE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED, USD, GERMANY, 2017 - 2029
  1. Figure 104:  
  2. VALUE SHARE OF STYRENE COPOLYMERS (ABS AND SAN) CONSUMED BY END USER INDUSTRY, %, GERMANY, 2022 VS 2029
  1. Figure 105:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, GERMANY, 2019 - 2021
  1. Figure 106:  
  2. MOST ADOPTED STRATEGIES, COUNT, GERMANY, 2019 - 2021
  1. Figure 107:  
  2. PRODUCTION CAPACITY SHARE OF ENGINEERING PLASTICS BY MAJOR PLAYERS, %, GERMANY, 2022
  1. Figure 108:  
  2. PRODUCTION CAPACITY SHARE OF FLUOROPOLYMER BY MAJOR PLAYERS, %, GERMANY, 2022
  1. Figure 109:  
  2. PRODUCTION CAPACITY SHARE OF POLYAMIDE (PA) BY MAJOR PLAYERS, %, GERMANY, 2022
  1. Figure 110:  
  2. PRODUCTION CAPACITY SHARE OF POLYBUTYLENE TEREPHTHALATE (PBT) BY MAJOR PLAYERS, %, GERMANY, 2022
  1. Figure 111:  
  2. PRODUCTION CAPACITY SHARE OF POLYCARBONATE (PC) BY MAJOR PLAYERS, %, GERMANY, 2022
  1. Figure 112:  
  2. PRODUCTION CAPACITY SHARE OF POLYETHER ETHER KETONE (PEEK) BY MAJOR PLAYERS, %, GERMANY, 2022
  1. Figure 113:  
  2. PRODUCTION CAPACITY SHARE OF POLYETHYLENE TEREPHTHALATE (PET) BY MAJOR PLAYERS, %, GERMANY, 2022
  1. Figure 114:  
  2. PRODUCTION CAPACITY SHARE OF POLYOXYMETHYLENE (POM) BY MAJOR PLAYERS, %, GERMANY, 2022
  1. Figure 115:  
  2. PRODUCTION CAPACITY SHARE OF STYRENE COPOLYMERS (ABS AND SAN) BY MAJOR PLAYERS, %, GERMANY, 2022

Germany Engineering Plastics Industry Segmentation

Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Fluoropolymer, Liquid Crystal Polymer (LCP), Polyamide (PA), Polybutylene Terephthalate (PBT), Polycarbonate (PC), Polyether Ether Ketone (PEEK), Polyethylene Terephthalate (PET), Polyimide (PI), Polymethyl Methacrylate (PMMA), Polyoxymethylene (POM), Styrene Copolymers (ABS and SAN) are covered as segments by Resin Type.

  • The German engineering plastics market accounted for around 21.5%, by value, of the European engineering plastics market in 2022. One of the major reasons behind the rise in the consumption of engineering plastics is their increasing application in the packaging and electrical and electronics industries.
  • The packaging industry comprises the largest industry in the market, with a growth rate of 5.9%, by value, in 2022 compared to the previous year. With the increased demand for ready-to-eat convenience food and the emerging trend of on-the-go lifestyles, the consumption of packaging materials increased, bolstering the sales of engineering plastics. The emerging trend of online shopping from e-commerce websites also serves as a driving factor in the packaging industry.
  • The electrical and electronics industry is the second-largest, which is expected to witness a consumption of 12%, by volume, in 2023 compared to 2022. Trends like the use of advanced materials, organic electronics, miniaturization, and disruptive technologies like artificial intelligence (AI) and the Internet of Things (IoT) have enabled smart manufacturing practices and worked as growth drivers for the industry.
  • The market is expected to register a CAGR of 5.53% during the forecast period (2023-2029), with the aerospace industry reporting the highest CAGR of 7.55%, by value, due to an increase in the production of aerospace components. For instance, aerospace component production revenue is expected to reach USD 66.2 billion by 2029 compared to USD 42.3 billion in 2022.
End User Industry
Aerospace
Automotive
Building and Construction
Electrical and Electronics
Industrial and Machinery
Packaging
Other End-user Industries
Resin Type
Fluoropolymer
By Sub Resin Type
Ethylenetetrafluoroethylene (ETFE)
Fluorinated Ethylene-propylene (FEP)
Polytetrafluoroethylene (PTFE)
Polyvinylfluoride (PVF)
Polyvinylidene Fluoride (PVDF)
Other Sub Resin Types
Liquid Crystal Polymer (LCP)
Polyamide (PA)
By Sub Resin Type
Aramid
Polyamide (PA) 6
Polyamide (PA) 66
Polyphthalamide
Polybutylene Terephthalate (PBT)
Polycarbonate (PC)
Polyether Ether Ketone (PEEK)
Polyethylene Terephthalate (PET)
Polyimide (PI)
Polymethyl Methacrylate (PMMA)
Polyoxymethylene (POM)
Styrene Copolymers (ABS and SAN)
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Market Definition

  • End-user Industry - Packaging, Electrical & Electronics, Automotive, Building & Construction, and Others are the end-user industries considered under the engineering plastics market.
  • Resin - Under the scope of the study, consumption of virgin resins like Fluoropolymer, Polycarbonate, Polyethylene Terephthalate, Polybutylene Terephthalate, Polyoxymethylene, Polymethyl Methacrylate, Styrene Copolymers, Liquid Crystal Polymer, Polyether Ether Ketone, Polyimide, and Polyamide in the primary forms are considered. Recycling has been provided separately under its individual chapter.
Keyword Definition
Acetal This is a rigid material that has a slippery surface. It can easily withstand wear and tear in abusive work environments. This polymer is used for building applications such as gears, bearings, valve components, etc.
Acrylic This synthetic resin is a derivative of acrylic acid. It forms a smooth surface and is mainly used for various indoor applications. The material can also be used for outdoor applications with a special formulation.
Cast film A cast film is made by depositing a layer of plastic onto a surface then solidifying and removing the film from that surface. The plastic layer can be in molten form, in a solution, or in dispersion.
Colorants & Pigments Colorants & Pigments are additives used to change the color of the plastic. They can be a powder or a resin/color premix.
Composite material A composite material is a material that is produced from two or more constituent materials. These constituent materials have dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements.
Degree of Polymerization (DP) The number of monomeric units in a macromolecule, polymer, or oligomer molecule is referred to as the degree of polymerization or DP. Plastics with useful physical properties often have DPs in the thousands.
Dispersion To create a suspension or solution of material in another substance, fine, agglomerated solid particles of one substance are dispersed in a liquid or another substance to form a dispersion.
Fiberglass Fiberglass-reinforced plastic is a material made up of glass fibers embedded in a resin matrix. These materials have high tensile and impact strength. Handrails and platforms are two examples of lightweight structural applications that use standard fiberglass.
Fiber-reinforced polymer (FRP) Fiber-reinforced polymer is a composite material made of a polymer matrix reinforced with fibers. The fibers are usually glass, carbon, aramid, or basalt.
Flake This is a dry, peeled-off piece, usually with an uneven surface, and is the base of cellulosic plastics.
Fluoropolymers This is a fluorocarbon-based polymer with multiple carbon-fluorine bonds. It is characterized by high resistance to solvents, acids, and bases. These materials are tough yet easy to machine. Some of the popular fluoropolymers are PTFE, ETFE, PVDF, PVF, etc.
Kevlar Kevlar is the commonly referred name for aramid fiber, which was initially a Dupont brand for aramid fiber. Any group of lightweight, heat-resistant, solid, synthetic, aromatic polyamide materials that are fashioned into fibers, filaments, or sheets is called aramid fiber. They are classified into Para-aramid and Meta-aramid.
Laminate A structure or surface composed of sequential layers of material bonded under pressure and heat to build up to the desired shape and width.
Nylon They are synthetic fiber-forming polyamides formed into yarns and monofilaments. These fibers possess excellent tensile strength, durability, and elasticity. They have high melting points and can resist chemicals and various liquids.
PET preform A preform is an intermediate product that is subsequently blown into a polyethylene terephthalate (PET) bottle or a container.
Plastic compounding Compounding consists of preparing plastic formulations by mixing and/or blending polymers and additives in a molten state to achieve the desired characteristics. These blends are automatically dosed with fixed setpoints usually through feeders/hoppers.
Plastic pellets Plastic pellets, also known as pre-production pellets or nurdles, are the building blocks for nearly every product made of plastic.
Polymerization It is a chemical reaction of several monomer molecules to form polymer chains that form stable covalent bonds.
Styrene Copolymers A copolymer is a polymer derived from more than one species of monomer, and a styrene copolymer is a chain of polymers consisting of styrene and acrylate.
Thermoplastics Thermoplastics are defined as polymers that become soft material when it is heated and becomes hard when it is cooled. Thermoplastics have wide-ranging properties and can be remolded and recycled without affecting their physical properties.
Virgin Plastic It is a basic form of plastic that has never been used, processed, or developed. It may be considered more valuable than recycled or already used materials.
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糖心vlog传媒 follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: The quantifiable key variables (industry and extraneous) pertaining to the specific product segment and country are selected from a group of relevant variables & factors based on desk research & literature review; along with primary expert inputs. These variables are further confirmed through regression modeling (wherever required).
  • Step-2: Build a Market Model: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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Germany Engineering Plastics Market Research FAQs

The Germany Engineering Plastics Market size is expected to reach USD 4.76 billion in 2024 and grow at a CAGR of 5.30% to reach USD 6.16 billion by 2029.

In 2024, the Germany Engineering Plastics Market size is expected to reach USD 4.76 billion.

BASF SE, Celanese Corporation, Covestro AG, Equipolymers and Indorama Ventures Public Company Limited are the major companies operating in the Germany Engineering Plastics Market.

In the Germany Engineering Plastics Market, the Packaging segment accounts for the largest share by end user industry.

In 2024, the Aerospace segment accounts for the fastest growing by end user industry in the Germany Engineering Plastics Market.

In 2023, the Germany Engineering Plastics Market size was estimated at 4.76 billion. The report covers the Germany Engineering Plastics Market historical market size for years: 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Engineering Plastics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Germany Engineering Plastics Industry Report

Statistics for the 2023 Germany Engineering Plastics market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports.聽Germany Engineering Plastics analysis includes a market forecast outlook to 2029 and historical overview.聽Get a sample of this industry analysis as a free report PDF download.

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Germany Engineering Plastics Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029

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