Germany Plastics In Consumer Electronics Market Size & Outlook
Germany plastics in consumer electronics market, 2017-2028 (US$M)
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Germany plastics in consumer electronics market highlights
- The Germany plastics in consumer electronics market generated a revenue of USD 167.6 million in 2021 and is expected to reach USD 216.9 million by 2028.
- The Germany market is expected to grow at a CAGR of 3.8% from 2022 to 2028.
- In terms of segment, polycarbonate (pc) was the largest revenue generating product in 2021.
- Bio-based Polycarbonate Resin is the most lucrative product segment registering the fastest growth during the forecast period.
Plastics in consumer electronics market data book summary
| Market revenue in 2021 | USD 167.6 million |
| Market revenue in 2028 | USD 216.9 million |
| Growth rate | 3.8% (CAGR from 2021 to 2028) |
| Largest segment | Polycarbonate (pc) |
| Fastest growing segment | Bio-based Polycarbonate Resin |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polycarbonate (PC), Liquid Crystal Polymers (LCP), PC/ABS Glass Filled Resins, Bio-based Polycarbonate Resin, Thermoplastic Elastomers, Polyamides |
| Key market players worldwide | Trinseo PLC, Covestro AG, Celanese Corp Class A, SABIC, Lotte Chemical, LG Chem, Mitsubishi Chemical Group Corp, Samsung SDI Co Ltd GDR - 144A, Koninklijke DSM NV |
Other key industry trends
- In terms of revenue, Germany accounted for 2.8% of the global plastics in consumer electronics market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany plastics in consumer electronics market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 68.6 million by 2028.
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Plastics In Consumer Electronics Market Scope
Plastics In Consumer Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany plastics in consumer electronics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastics in consumer electronics market will help companies and investors design strategic landscapes.
Polycarbonate (pc) was the largest segment with a revenue share of 33.53% in 2021. Horizon Databook has segmented the Germany plastics in consumer electronics market based on polycarbonate (pc), liquid crystal polymers (lcp), pc/abs glass filled resins, bio-based polycarbonate resin, thermoplastic elastomers, polyamides covering the revenue growth of each sub-segment from 2017 to 2028.
Technological advancements and the rise of high-speed browsing has propelled the telecom service providers to introduce technologies such as 5G. Liquid crystal polymers (LCP) are used in the manufacturing of devices for 5G such as active antenna units (AAU) and other essential equipment made of polycarbonate.
PC provides resistance against chemicals and high temperatures which makes it ideal for manufacturing the aforementioned devices. Introduction of 5G from telecommunication companies such as Deutsche telecom Vodafone has propelled the demand for plastics for manufacturing devices to operate 5G at the highest frequency. This trend is expected to continue and propel the demand for plastics from telecommunication industry across the country over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany plastics in consumer electronics market , including forecasts for subscribers. This country databook contains high-level insights into Germany plastics in consumer electronics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Germany plastics in consumer electronics market size, by product, 2017-2028 (US$M)
Germany Plastics In Consumer Electronics Market Outlook Share, 2021 & 2028 (US$M)
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