Key Insights
The European engineering plastics market, valued at approximately €XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) exceeding 6% from 2025 to 2033. This expansion is driven by several key factors. The burgeoning automotive industry, with its increasing demand for lightweight and high-performance materials, is a significant contributor. Similarly, the growth of the aerospace sector and the construction industry's push for durable and sustainable building materials are fueling demand. Technological advancements leading to the development of more specialized engineering plastics with enhanced properties like improved heat resistance, chemical resistance, and strength further bolster market growth. Specific resin types like polyamides, polycarbonates, and PEEK are expected to witness particularly strong demand due to their superior performance characteristics across various applications. Furthermore, increasing regulations aimed at improving fuel efficiency in vehicles and reducing environmental impact are driving the adoption of sustainable and recyclable engineering plastics. However, fluctuating raw material prices and potential supply chain disruptions pose challenges to market growth. Germany, France, and the United Kingdom represent the largest national markets within Europe, driven by a combination of established manufacturing bases and robust downstream industries.
The market segmentation reveals a diverse landscape, with end-user industries such as automotive, aerospace, and electrical & electronics showing significant growth potential. Among resin types, fluoropolymers and high-performance materials like PEEK and polyimides are expected to gain traction due to their specialized properties. Competition is fierce, with major players like BASF, DuPont, and Solvay vying for market share through technological innovation, strategic partnerships, and expansion into new geographical regions. The forecast period, spanning from 2025 to 2033, promises sustained expansion driven by both macroeconomic factors and advancements within the engineering plastics sector itself, promising lucrative opportunities for established players and new entrants alike. Regional variations will likely continue to reflect the strengths of specific national economies and industrial sectors across Europe.

Europe Engineering Plastics Industry Market Report: 2019-2033
This comprehensive report provides a detailed analysis of the Europe engineering plastics industry, covering market size, growth drivers, competitive landscape, and future outlook. With a focus on the period 2019-2033 (Base Year: 2025, Forecast Period: 2025-2033), this report is an essential resource for industry professionals, investors, and strategic decision-makers. The report analyzes key players like Victrex, Arkema, Solvay, INEOS, Mitsubishi Chemical Corporation, Celanese Corporation, Indorama Ventures, NEO GROUP, LANXESS, BASF SE, SABIC, Trinseo, DSM, DuPont, and Covestro AG, across various resin types and end-use industries. The total market value in 2025 is estimated at xx Million and is expected to grow at a CAGR of xx% during the forecast period.
Europe Engineering Plastics Industry Market Structure & Competitive Dynamics
The European engineering plastics market is characterized by a moderately concentrated structure with several multinational players dominating. Market share is primarily dictated by production capacity, technological innovation, and established customer relationships. Key players frequently engage in mergers and acquisitions (M&A) to expand their product portfolios and geographic reach. Recent M&A activity has involved deals valued at xx Million, consolidating market power among the top players. The regulatory landscape, driven by environmental concerns and safety standards (e.g., REACH regulations), influences material selection and production processes, incentivizing innovation in sustainable plastics. The industry experiences substantial competitive pressure from the development of alternative materials and the continuous evolution of end-user preferences towards lightweight, high-performance solutions.
- Market Concentration: High, with top 10 players holding xx% market share in 2025.
- Innovation Ecosystems: Strong collaboration between material producers, research institutions, and end-users to develop advanced engineering plastics.
- Regulatory Frameworks: Stringent environmental regulations (e.g., REACH) driving innovation in sustainable plastics.
- Product Substitutes: Competition from alternative materials like composites and bioplastics.
- End-User Trends: Growing demand for lightweight, high-performance plastics in automotive, aerospace, and electronics sectors.
- M&A Activities: Significant M&A activity in recent years, involving transactions totaling xx Million.
Europe Engineering Plastics Industry Industry Trends & Insights
The European engineering plastics market demonstrates robust growth, driven by several interconnected factors. The automotive sector’s increasing adoption of lightweighting strategies to enhance fuel efficiency fuels significant demand. Further, the electronics industry’s need for high-performance materials for miniaturization drives the growth of specialized engineering plastics. Technological advancements in material science and manufacturing processes lead to the creation of more durable, lightweight, and cost-effective solutions. Consumer preferences for sustainable and recyclable materials are influencing the development of bio-based and recycled engineering plastics. However, fluctuating raw material prices and economic uncertainty pose potential challenges. Overall market growth is projected at xx Million in 2025.
- Market Growth Drivers: Lightweighting in automotive, high-performance electronics, and increasing demand for durable materials in various industries.
- Technological Disruptions: Advancements in additive manufacturing and material science are leading to new applications and customized solutions.
- Consumer Preferences: Growing demand for sustainable and recyclable engineering plastics.
- Competitive Dynamics: Intense competition among major players leading to continuous innovation and price optimization.
- CAGR (2025-2033): xx%
- Market Penetration: xx% in key end-use sectors.

Dominant Markets & Segments in Europe Engineering Plastics Industry
Germany holds a leading position in the European engineering plastics market, driven by a robust automotive industry and a strong manufacturing base. The automotive sector is the largest end-user segment, followed closely by electrical and electronics. Within resin types, Polycarbonate (PC), Polybutylene Terephthalate (PBT), and Polyamide (PA) dominate due to their versatile properties and wide applications.
- Key Drivers in Germany: Strong automotive industry, advanced manufacturing capabilities, and established supply chains.
- Key Drivers in Automotive: Lightweighting initiatives, increased fuel efficiency standards, and electric vehicle adoption.
- Key Drivers in Electrical & Electronics: Demand for high-performance materials for miniaturization and improved functionality.
- Dominant Resin Types: Polycarbonate (PC), Polybutylene Terephthalate (PBT), and Polyamide (PA) owing to their versatility and high performance characteristics.
- France, Italy, United Kingdom: These countries show substantial growth, though at a slower rate than Germany.
- Russia: Market growth is hindered due to geopolitical instability and sanctions.
Europe Engineering Plastics Industry Product Innovations
Recent innovations focus on enhancing material properties like strength, heat resistance, and chemical resistance. Victrex’s new PEEK-OPTIMA polymer for medical devices and Covestro's Makrolon 3638 polycarbonate for healthcare applications exemplify this trend. These advancements cater to the increasing demand for specialized engineering plastics in high-value applications, boosting market growth and differentiation. The industry is also witnessing increased focus on sustainable and recyclable solutions.
Report Segmentation & Scope
This report segments the European engineering plastics market by resin type (Fluoropolymer, Polyphthalamide, PBT, PC, PEEK, PET, PI, PMMA, POM, ABS and SAN), end-user industry (Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging, Other End-user Industries), and country (France, Germany, Italy, Russia, United Kingdom, Rest of Europe). Each segment’s market size, growth projections, and competitive dynamics are analyzed in detail. Growth forecasts are provided for each segment throughout the forecast period (2025-2033).
Key Drivers of Europe Engineering Plastics Industry Growth
Several factors drive the growth of the European engineering plastics industry, including the increasing demand from the automotive and electronics industries, driven by technological advancements leading to lighter, stronger, and more efficient components. Favorable economic conditions and supportive government policies in certain European countries also contribute. Stringent regulatory requirements for safety and environmental sustainability are fostering innovation in the sector.
Challenges in the Europe Engineering Plastics Industry Sector
The industry faces challenges including fluctuating raw material prices, impacting profitability and price stability. Supply chain disruptions, particularly post-pandemic, caused production delays and increased costs. Intense competition and the emergence of alternative materials pose constant pressure on market share and pricing. Strict environmental regulations require continuous innovation in sustainable plastics, demanding significant investments.
Leading Players in the Europe Engineering Plastics Industry Market
- Victrex
- Arkema
- Solvay
- INEOS
- Mitsubishi Chemical Corporation
- Celanese Corporation
- Indorama Ventures Public Company Limited
- NEO GROUP
- LANXESS
- BASF SE
- SABIC
- Trinseo
- DSM
- DuPont
- Covestro AG
Key Developments in Europe Engineering Plastics Industry Sector
- February 2023: Victrex PLC revealed plans to expand its medical division, Invibio Biomaterial Solutions, including a new product development facility in Leeds, UK. This signals a significant investment in the medical device sector, driving innovation in high-performance polymers.
- February 2023: Covestro AG introduced Makrolon 3638 polycarbonate for healthcare applications. This expands the company’s presence in the healthcare sector and highlights the growing demand for specialized engineering plastics in this area.
- March 2023: Victrex PLC introduced a new implantable PEEK-OPTIMA polymer for medical device additives, utilizing FDM and FFF manufacturing processes. This exemplifies innovation in additive manufacturing and expands the application range of PEEK polymers in the medical industry.
Strategic Europe Engineering Plastics Industry Market Outlook
The European engineering plastics market presents significant growth opportunities driven by ongoing technological advancements, increasing demand from key end-use sectors, and a focus on sustainability. Strategic partnerships, investments in R&D, and the development of innovative and sustainable products will be key to success in this dynamic market. The focus on lightweighting and high-performance materials, especially in the automotive and aerospace sectors, will continue to drive demand. Furthermore, increased investment in sustainable solutions will shape the industry's future.
Europe Engineering Plastics Industry Segmentation
-
1. End User Industry
- 1.1. Aerospace
- 1.2. Automotive
- 1.3. Building and Construction
- 1.4. Electrical and Electronics
- 1.5. Industrial and Machinery
- 1.6. Packaging
- 1.7. Other End-user Industries
-
2. Resin Type
-
2.1. Fluoropolymer
-
2.1.1. By Sub Resin Type
- 2.1.1.1. Ethylenetetrafluoroethylene (ETFE)
- 2.1.1.2. Fluorinated Ethylene-propylene (FEP)
- 2.1.1.3. Polytetrafluoroethylene (PTFE)
- 2.1.1.4. Polyvinylfluoride (PVF)
- 2.1.1.5. Polyvinylidene Fluoride (PVDF)
- 2.1.1.6. Other Sub Resin Types
-
2.1.1. By Sub Resin Type
- 2.2. Liquid Crystal Polymer (LCP)
-
2.3. Polyamide (PA)
- 2.3.1. Aramid
- 2.3.2. Polyamide (PA) 6
- 2.3.3. Polyamide (PA) 66
- 2.3.4. Polyphthalamide
- 2.4. Polybutylene Terephthalate (PBT)
- 2.5. Polycarbonate (PC)
- 2.6. Polyether Ether Ketone (PEEK)
- 2.7. Polyethylene Terephthalate (PET)
- 2.8. Polyimide (PI)
- 2.9. Polymethyl Methacrylate (PMMA)
- 2.10. Polyoxymethylene (POM)
- 2.11. Styrene Copolymers (ABS and SAN)
-
2.1. Fluoropolymer
Europe Engineering Plastics Industry Segmentation By Geography
-
1. Europe
- 1.1. United Kingdom
- 1.2. Germany
- 1.3. France
- 1.4. Italy
- 1.5. Spain
- 1.6. Netherlands
- 1.7. Belgium
- 1.8. Sweden
- 1.9. Norway
- 1.10. Poland
- 1.11. Denmark

Europe Engineering Plastics Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of > 6.00% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising Usage in Sealing Applications; Surging Applications in the Automotive Industry
- 3.3. Market Restrains
- 3.3.1. Increasingly Stringent Environmental Regulations and Hazardous Working Conditions; Other Restraints
- 3.4. Market Trends
- 3.4.1. OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Engineering Plastics Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 5.1.1. Aerospace
- 5.1.2. Automotive
- 5.1.3. Building and Construction
- 5.1.4. Electrical and Electronics
- 5.1.5. Industrial and Machinery
- 5.1.6. Packaging
- 5.1.7. Other End-user Industries
- 5.2. Market Analysis, Insights and Forecast - by Resin Type
- 5.2.1. Fluoropolymer
- 5.2.1.1. By Sub Resin Type
- 5.2.1.1.1. Ethylenetetrafluoroethylene (ETFE)
- 5.2.1.1.2. Fluorinated Ethylene-propylene (FEP)
- 5.2.1.1.3. Polytetrafluoroethylene (PTFE)
- 5.2.1.1.4. Polyvinylfluoride (PVF)
- 5.2.1.1.5. Polyvinylidene Fluoride (PVDF)
- 5.2.1.1.6. Other Sub Resin Types
- 5.2.1.1. By Sub Resin Type
- 5.2.2. Liquid Crystal Polymer (LCP)
- 5.2.3. Polyamide (PA)
- 5.2.3.1. Aramid
- 5.2.3.2. Polyamide (PA) 6
- 5.2.3.3. Polyamide (PA) 66
- 5.2.3.4. Polyphthalamide
- 5.2.4. Polybutylene Terephthalate (PBT)
- 5.2.5. Polycarbonate (PC)
- 5.2.6. Polyether Ether Ketone (PEEK)
- 5.2.7. Polyethylene Terephthalate (PET)
- 5.2.8. Polyimide (PI)
- 5.2.9. Polymethyl Methacrylate (PMMA)
- 5.2.10. Polyoxymethylene (POM)
- 5.2.11. Styrene Copolymers (ABS and SAN)
- 5.2.1. Fluoropolymer
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Europe
- 5.1. Market Analysis, Insights and Forecast - by End User Industry
- 6. Germany Europe Engineering Plastics Industry Analysis, Insights and Forecast, 2019-2031
- 7. France Europe Engineering Plastics Industry Analysis, Insights and Forecast, 2019-2031
- 8. Italy Europe Engineering Plastics Industry Analysis, Insights and Forecast, 2019-2031
- 9. United Kingdom Europe Engineering Plastics Industry Analysis, Insights and Forecast, 2019-2031
- 10. Netherlands Europe Engineering Plastics Industry Analysis, Insights and Forecast, 2019-2031
- 11. Sweden Europe Engineering Plastics Industry Analysis, Insights and Forecast, 2019-2031
- 12. Rest of Europe Europe Engineering Plastics Industry Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 Victre
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 Arkema
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 Solvay
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 INEOS
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Mitsubishi Chemical Corporation
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 Celanese Corporation
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 Indorama Ventures Public Company Limited
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 NEO GROUP
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 LANXESS
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 BASF SE
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.11 SABIC
- 13.2.11.1. Overview
- 13.2.11.2. Products
- 13.2.11.3. SWOT Analysis
- 13.2.11.4. Recent Developments
- 13.2.11.5. Financials (Based on Availability)
- 13.2.12 Trinseo
- 13.2.12.1. Overview
- 13.2.12.2. Products
- 13.2.12.3. SWOT Analysis
- 13.2.12.4. Recent Developments
- 13.2.12.5. Financials (Based on Availability)
- 13.2.13 DSM
- 13.2.13.1. Overview
- 13.2.13.2. Products
- 13.2.13.3. SWOT Analysis
- 13.2.13.4. Recent Developments
- 13.2.13.5. Financials (Based on Availability)
- 13.2.14 DuPont
- 13.2.14.1. Overview
- 13.2.14.2. Products
- 13.2.14.3. SWOT Analysis
- 13.2.14.4. Recent Developments
- 13.2.14.5. Financials (Based on Availability)
- 13.2.15 Covestro AG
- 13.2.15.1. Overview
- 13.2.15.2. Products
- 13.2.15.3. SWOT Analysis
- 13.2.15.4. Recent Developments
- 13.2.15.5. Financials (Based on Availability)
- 13.2.1 Victre
List of Figures
- Figure 1: Europe Engineering Plastics Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Engineering Plastics Industry Share (%) by Company 2024
List of Tables
- Table 1: Europe Engineering Plastics Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Engineering Plastics Industry Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 3: Europe Engineering Plastics Industry Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 4: Europe Engineering Plastics Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Europe Engineering Plastics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 6: Germany Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: France Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Italy Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: United Kingdom Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Netherlands Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Sweden Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Rest of Europe Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Europe Engineering Plastics Industry Revenue Million Forecast, by End User Industry 2019 & 2032
- Table 14: Europe Engineering Plastics Industry Revenue Million Forecast, by Resin Type 2019 & 2032
- Table 15: Europe Engineering Plastics Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 16: United Kingdom Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 17: Germany Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: France Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 19: Italy Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Spain Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: Netherlands Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Belgium Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 23: Sweden Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Norway Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 25: Poland Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Denmark Europe Engineering Plastics Industry Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Engineering Plastics Industry?
The projected CAGR is approximately > 6.00%.
2. Which companies are prominent players in the Europe Engineering Plastics Industry?
Key companies in the market include Victre, Arkema, Solvay, INEOS, Mitsubishi Chemical Corporation, Celanese Corporation, Indorama Ventures Public Company Limited, NEO GROUP, LANXESS, BASF SE, SABIC, Trinseo, DSM, DuPont, Covestro AG.
3. What are the main segments of the Europe Engineering Plastics Industry?
The market segments include End User Industry, Resin Type.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Rising Usage in Sealing Applications; Surging Applications in the Automotive Industry.
6. What are the notable trends driving market growth?
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
7. Are there any restraints impacting market growth?
Increasingly Stringent Environmental Regulations and Hazardous Working Conditions; Other Restraints.
8. Can you provide examples of recent developments in the market?
March 2023: Victrex PLC introduced a new type of implantable PEEK-OPTIMA polymer that is specifically designed for use in the manufacturing processes of medical device additives, such as fused deposition modeling (FDM) and fused filament fabrication (FFF).February 2023: Victrex PLC revealed its plans to invest in the expansion of its medical division, Invibio Biomaterial Solutions, which includes establishing a new product development facility in Leeds, United Kingdom.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.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Engineering Plastics Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Engineering Plastics Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Engineering Plastics Industry?
To stay informed about further developments, trends, and reports in the Europe Engineering Plastics Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence