Germany Plastics Market was worth US$ 49.36 Bn in 2021 and total revenue is expected to grow at a rate of 4.87% CAGR from 2022 to 2029, reaching almost US $ 72.21 Bn in 2029.Germany Plastics Market Overview:
Germany is Europe's major producer & manufacturer of polymer. The country’s plastics segment value chain contains plastics makers, machine makers, the application industries & the plastics & rubber recycling industry. The German plastics industry produces yearly turnover of over EUR 97 Bn. The industry likes around 7% share of domestic industrial production & shows a main role in providing new & original products & solutions to a number of significant industries. In adding, plastics are used in the medical, furniture & household goods industries as well as in agriculture broad submissions in a competitive European customer market. German plastics manufacturers, processing trades & industry-related research organizations & hubs of quality are setting global standards with their superb infrastructure, know-how & their consequences in R&D. Foreign firms situated in Germany help from the advantages of the single European market & the present structures along the total value chain to access new clusters & high quality research.To know about the Research Methodology :- Request Free Sample Report
The Plastics Industry in Germany:
With sales of about USD 94.59 Bn in the year 2021, the rubber & plastics industry is one of the prominent segments in Germany. The plastics industry alone produced sales of about € 58 Bn. The plastics industry pays around 292,000 people, of which about 53,000 work in manufacturing. The most significant consumer of plastics is the packaging industry. In adding to the plastics making industry, the German plastics industry comprises plastics processing firms, plastics machinery producers & recycling companies. Plastics are mainly used for the making of packaging. Plastics are also used in the construction, automotive, furniture & electronics trades, but also in agriculture & medical technology.Polyethylene:
The most created type of plastic in Germany is PE. PE is by far the usually used plastic globally & is mainly used for packaging. By regulating development parameters, polymers with dissimilar properties can be made in a targeted manner. Thus, hard or soft plastics, and waxes, can be made from PE.Polyamide:
Besides Polyethylene, Polyamides are also normally used in industry. Polyamides are linear polymers & are categorised by tear-resistant fibers. In the year 2014, a global turnover of around € 20.5 Bn was attained with the materials PA6 & PA66. PA6 accounts for the main share of the total demand for polyamides. As of their outstanding strength & toughness, Polyamides plastics are frequently used as construction materials.The Plastics Value Chain in Germany:
Germany is the major plastics producer in Europe. World-wide firms appreciate its significant location within the European Union, preferring shipments into other European nations. Germany proposals worthy potential for innovative United States plastics materials & equipment. In the year 2021, above three thousand companies with more than 320,000 workers were active in the German plastics manufacturing, attaining yearly sales of EUR 61.5 Bn. The domestic plastics industry contains of 3 key supports: processing; machinery & materials. Around seventy percent of Germany’s plastics equipment is exported. The materials area is the most noticeable plastics market section for United States manufacturers in Germany, proposing United States businesses best market chances. Below are some top visions for United States makers. German industry is extremely receptive to innovative United States products which are esteemed for their great quality. • Lightweight Materials • Green products, like bio-based additives. • Additive engineering materials & equipment • There is good potential for plastic manufacturing products • Innovative materials with unusual features • Hybrid materials, a material mix which permits new product characteristics • Supple solar cells; electronics on foil, OLEDs as in light emitting wallpaper; materials for smart textiles. • Innovative Packaging for food, like intelligent packaging to avoid fraud. • Recycling Solutions Eco-friendly & sustainability concerns make the European Union push towards more plastics recycling. As of now, recycling capabilities, also in Germany, are restricted. According MMR study report 11 Mn tons of plastics are supposed to be recycled every year by 2029, associated to today’s 5 Mn tons yearly. The key systems of supply in the German plastics industry are: Direct buying or B2B marketplaces for regular materials &, distributors which are favored for the advertising of new materials & equipment. Unlike in the US, agents are less regularly used in the German plastics market. In adding to pricing, quality & supplier dependability are key buying influences. In an industry, where manufacturing standstill can cost a fortune, fast response time is necessary. The products promoted in Germany necessity to fulfil with domestic & European regulations. The objective of the report is to present a comprehensive analysis of the Germany Plastics Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Germany Plastics Market dynamics, structure by analyzing the market segments and project the Germany Plastics Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Germany Plastics Market make the report investor’s guide.Germany Plastics Market Scope: Inquire before buying
Germany Plastics Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 49.36 Bn. Forecast Period 2022 to 2029 CAGR: 4.87% Market Size in 2029: US $ 72.21 Bn. Segments Covered: by Product • Polyethylene (PE) • Polypropylene (PP) • Polyvinyl chloride (PVC) • Polyethylene terephthalate (PET) • Others. by Application • Injection Molding • Casting • Thermoforming • Extrusion • Others by End-use • Packaging • Construction • Electrical & Electronics • Automotive • Medical Devices • Agriculture • Consumer Goods • Others Germany Plastics Market Key Player
• Chevron Phillips • Lyondell Basell • Exxon Mobil • SABIC • INEOS • BASF • ENI • Lanxess • REINLE GUMMI & KUNSTSTOFF GMBH • FRANZ FISCHLER GMBH & CO. KG • PROFORM GMBH • Others Frequently Asked Questions: 1. Which Country has the largest share in Germany Plastics Market? Ans: UK held the highest share in 2021. 2. What is the growth rate of Germany Plastics Market? Ans: The Germany Plastics Market is growing at a CAGR of 4.87% during forecasting period 2022-2029. 3. What is scope of the Germany Plastics Market report? Ans:Germany Plastics Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Germany Plastics Market? Ans: The important key players in the Global Germany Plastics Market are – Chevron Phillips, Lyondell Basell, Exxon Mobil, SABIC, INEOS, BASF, ENI, Lanxess, REINLE GUMMI & KUNSTSTOFF GMBH, FRANZ FISCHLER GMBH & CO. KG, PROFORM GMBH, and Others 5. What is the study period of this Market? Ans: The Global Germany Plastics Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Germany Plastics Market Size, by Market Value (US$ Bn) 3.1. Germany Market Segmentation 3.2. Germany Market Segmentation Share Analysis, 2021 3.2.1. Germany 3.2.2. By Region (North Germany, South Germany, East Germany, West Germany) 3.3. Geographical Snapshot of the Plastics Market 3.4. Geographical Snapshot of the Plastics Market , By Manufacturer share 4. Germany Plastics Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.2. Restraints 4.1.3. Opportunities 4.1.4. Challenges 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on Plastics Market 5. Supply Side and Demand Side Indicators 6. Germany Plastics Market Analysis and Forecast, 2021-2029 6.1. Germany Plastics Market Size & Y-o-Y Growth Analysis. 6.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 6.2.1. Polyethylene (PE) 6.2.2. Polypropylene (PP) 6.2.3. Polyvinyl chloride (PVC) 6.2.4. Polyethylene terephthalate (PET) 6.2.5. Others. 6.3. Market Size (Value) Estimates & Forecast By Application, 2021-2029 6.3.1. Injection Molding 6.3.2. Casting 6.3.3. Thermoforming 6.3.4. Extrusion 6.3.5. Others 6.4. Market Size (Value) Estimates & Forecast By End-use, 2021-2029 6.4.1. Packaging 6.4.2. Construction 6.4.3. Electrical & Electronics 6.4.4. Automotive 6.4.5. Medical Devices 6.4.6. Agriculture 6.4.7. Consumer Goods 6.4.8. Others 7. Germany Plastics Market Analysis and Forecasts, By Region 8. Competitive Landscape 8.1. Geographic Footprint of Major Players in the Germany Solid state car battery 8.2. Competition Matrix 8.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 8.2.2. New Product Launches and Product Enhancements 8.2.3. Market Consolidation 8.2.3.1. M&A by Regions, Investment and Verticals 8.2.3.2. M&A, Forward Integration and Backward Integration 8.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 8.3. Company Profile : Key Players 8.3.1. Reliance Industries. 8.3.1.1. Company Overview 8.3.1.2. Financial Overview 8.3.1.3. Geographic Footprint 8.3.1.4. Product Portfolio 8.3.1.5. Business Strategy 8.3.1.6. Recent Developments 8.3.2. Chevron Phillips 8.3.3. Lyondell Basell 8.3.4. Exxon Mobil 8.3.5. SABIC 8.3.6. INEOS 8.3.7. BASF 8.3.8. ENI 8.3.9. Lanxess 8.3.10. REINLE GUMMI & KUNSTSTOFF GMBH 8.3.11. FRANZ FISCHLER GMBH & CO. KG 8.3.12. PROFORM GMBH 8.3.13. Others 9 Primary Key Insights