Market Size of Europe Thermoplastics Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | < 4.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Thermoplastics Market Analysis
The market for Europe thermoplastics is expected to grow at a CAGR of around 4% during the forecast period. Growing demand from various end-user indutries is one of the major factors driving the growth of the market.
- Impact of COVID-19 pandemic and various environmental concerns related to thermoplastics are likely to hinder the market's growth.
- Germany dominated the Europe thermoplastics market due to the presence of various manufacturing facilities in the country.