Press release
Germany Thermoplastics Market Size, Competitive Analysis, Share, Forecast- 2020-2026
Germany Thermoplastics Market
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The country has a significant number of plastic machine manufacturers, plastics, and rubber recycling players along with the application industries. Some of the major industries for the application of plastic include building and construction, automotive, consumer goods & application, electrical, and electronics among others.
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The German thermoplastics market is segmented based on type and application. Based on type, the market is broadly categorized into polyethylene (PE), polypropylene (PP), polystyrene (PS), polyvinylchloride (PVC), polyethylene terephthalate (PET), and others. Based on application, the market is segmented into packaging; building & construction; automotive; electrical & electronics; household, leisure & sports; agriculture; and others. The packaging is the major application of thermoplastics and is estimated to contribute a significant share to the market.
Furthermore, some of the key players in the market include BASF SE, INEOS AG, Cleanse Corp., Braskem SA, Evonik Industries AG, and MBA Ploymers Inc. These companies are using several strategies to expand market share and gain a competitive advantage over their competitors. The strategies include new product launches, mergers and acquisitions, partnerships, and collaborations. For instance, in October 2019, Evonik launched new silicone polyester resin SILIKOFTAL HTL 1 that creates the ideal balance of performance and cost-effectiveness. With a silicone content of just 10%, it provides reliable and long-lasting protection for cookware such as pots and pans. This introduction further expands the company’s portfolio of silicone polyester resins. Apart from products delivering greater performance, the new portfolio also comprises waterborne silicone polyester resins.
Market Segmentation
Germany Thermoplastics Market by Type
• Polyethylene (PE)
• Polypropylene (PP)
• Polystyrene (PS)
• Polyvinylchloride (PVC)
• Polyethylene Terephthalate (PET)
• Others
Germany Thermoplastics Market by Application
• Packaging
• Building & Construction
• Automotive
• Electrical & Electronics
• Household, Leisure & Sports
• Agriculture
• Others
Company Profiles
Arkema Group
• Overview
• Arkema group in Thermoplastics Landscape
• Recent Developments
• Braskem S.A.
• BASF SE
• Celanese Corp.
• Evonik Industries AG
• INEOS AG
• Koninklijke DSM N.V.
• LANXESS AG
• MBA Polymers, Inc.
• Saudi Basic Industries Corp. (SABIC)
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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