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France Engineering Plastics Market Size

The France Engineering Plastics Market is anticipated to experience significant growth over the forecast period, driven by its expanding application in various industries such as packaging and aerospace. The market's expansion is largely attributed to the increasing demand for lightweight, high-strength materials in packaging, fueled by the rise in ready-to-eat food consumption and the growth of e-commerce. Additionally, the aerospace sector is expected to be a key contributor to market growth, with a notable increase in aircraft component production.

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Market Size of france engineering plastics Industry

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France Engineering Plastics Market Summary
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https://s3.mordorintelligence.com/study%20period/1629296433432_test~study_period_study_period.svg Study Period 2017 - 2029
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2024) USD 2.28 Billion
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg Market Size (2029) USD 3.13 Billion
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Largest Share by End User Industry Packaging
https://s3.mordorintelligence.com/cagr/1629296433433_test~cagr_cagr.svg CAGR (2024 - 2029) 6.47 %
https://s3.mordorintelligence.com/hydraulic_fluids/1629285650767_test~hydraulic_fluids_hydraulic_fluids.svg Fastest Growing by End User Industry Electrical and Electronics

Major Players
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*Disclaimer: Major Players sorted in no particular order

Key Players

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France Engineering Plastics Market Analysis

The France Engineering Plastics Market size is estimated at 2.28 billion USD in 2024, and is expected to reach 3.13 billion USD by 2029, growing at a CAGR of 6.47% during the forecast period (2024-2029).

2.28 Billion

Market Size in 2024 (USD)

3.13 Billion

Market Size in 2029 (USD)

2.71 %

CAGR (2017-2023)

6.47 %

CAGR (2024-2029)

Largest Market by End-user Industry

26 %

value share, Packaging, 2023

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Due to the wide range of applications, including bottles, jars, and containers, specifically in the food and beverage industry, the packaging segment occupied the major share.

Fastest Growing Market by End-user Industry

8.10 %

Projected CAGR, Electrical and Electronics, 2024-2029

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The electronics industry is expected to witness the fastest growth due to the rapid adoption of lightweight and high-impact resistant engineering plastics to replace traditional metal parts.

Largest Market by Resin Type

24.11 %

value share, Polyethylene Terephthalate (PET), 2023

With widespread applications in the packaging industry and the rising demand for PET sheets and films, PET resin occupies the largest market share.

Fastest Growing Market by Resin Type

9.17 %

Projected CAGR, Liquid Crystal Polymer (LCP), 2024-2029

Owing to the rising demand for high-performance, smaller, and thinner electrical components, LCP resin is projected to witness the fastest growth in the coming years.

Leading Market Player

34.65 %

market share, Domo Chemicals, 2022

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In 2022, the company held the largest share, with a considerable production capacity of around 54 kilotons per year of polymer resins in France. It majorly provides polyamide resins for automotive and construction applications.

Rising adoption of advanced materials to drive the demand for engineering plastics

  • Engineering plastics are used in interior wall panels and doors in aerospace, packaging, and other applications due to their lightweight nature, high strength, low fatigue, and low flammability.
  • The French engineering plastics market accounted for 9% (by value) of the European engineering plastics market in 2022. One of the primary drivers of the increasing consumption is their increased use in the packaging and electrical and electronics industries.
  • The packaging industry is the country's largest consumer of engineering plastics, accounting for 8.72% (by value) in 2022 compared to the previous year. Packaging material consumption increased due to increased demand for ready-to-eat convenience foods and the emerging trend of on-the-go lifestyles, thus boosting sales of these plastics. The growing trend of online shopping via e-commerce websites is also expected to propel the packaging industry during the forecast period. The French e-commerce market is one of the largest markets, ranking second in Europe and fifth in the world. It is projected to reach USD 151.7 billion in 2027 from USD 106.5 billion in 2023.
  • The aerospace industry is expected to be the fastest-growing consumer of engineering plastics, with the highest CAGR of 8.22% in terms of value during the forecast period. The rising aircraft component production in the country is projected to drive the demand for these plastics during the forecast period. For instance, the country's aircraft component production reached USD 103 billion in 2029 from USD 64.5 billion in 2022.
France Engineering Plastics Market

France Engineering Plastics Industry Segmentation

Aerospace, Automotive, Building and Construction, Electrical and Electronics, Industrial and Machinery, Packaging are covered as segments by End User Industry. Fluoropolymer, Liquid Crystal Polymer (LCP), Polyamide (PA), Polybutylene Terephthalate (PBT), Polycarbonate (PC), Polyether Ether Ketone (PEEK), Polyethylene Terephthalate (PET), Polyimide (PI), Polymethyl Methacrylate (PMMA), Polyoxymethylene (POM), Styrene Copolymers (ABS and SAN) are covered as segments by Resin Type.

  • Engineering plastics are used in interior wall panels and doors in aerospace, packaging, and other applications due to their lightweight nature, high strength, low fatigue, and low flammability.
  • The French engineering plastics market accounted for 9% (by value) of the European engineering plastics market in 2022. One of the primary drivers of the increasing consumption is their increased use in the packaging and electrical and electronics industries.
  • The packaging industry is the country's largest consumer of engineering plastics, accounting for 8.72% (by value) in 2022 compared to the previous year. Packaging material consumption increased due to increased demand for ready-to-eat convenience foods and the emerging trend of on-the-go lifestyles, thus boosting sales of these plastics. The growing trend of online shopping via e-commerce websites is also expected to propel the packaging industry during the forecast period. The French e-commerce market is one of the largest markets, ranking second in Europe and fifth in the world. It is projected to reach USD 151.7 billion in 2027 from USD 106.5 billion in 2023.
  • The aerospace industry is expected to be the fastest-growing consumer of engineering plastics, with the highest CAGR of 8.22% in terms of value during the forecast period. The rising aircraft component production in the country is projected to drive the demand for these plastics during the forecast period. For instance, the country's aircraft component production reached USD 103 billion in 2029 from USD 64.5 billion in 2022.
End User Industry
Aerospace
Automotive
Building and Construction
Electrical and Electronics
Industrial and Machinery
Packaging
Other End-user Industries
Resin Type
Fluoropolymer
By Sub Resin Type
Ethylenetetrafluoroethylene (ETFE)
Fluorinated Ethylene-propylene (FEP)
Polytetrafluoroethylene (PTFE)
Polyvinylfluoride (PVF)
Polyvinylidene Fluoride (PVDF)
Other Sub Resin Types
Liquid Crystal Polymer (LCP)
Polyamide (PA)
By Sub Resin Type
Aramid
Polyamide (PA) 6
Polyamide (PA) 66
Polyphthalamide
Polybutylene Terephthalate (PBT)
Polycarbonate (PC)
Polyether Ether Ketone (PEEK)
Polyethylene Terephthalate (PET)
Polyimide (PI)
Polymethyl Methacrylate (PMMA)
Polyoxymethylene (POM)
Styrene Copolymers (ABS and SAN)
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France Engineering Plastics Market Size Summary

The France engineering plastics market is poised for significant growth, driven by their increasing application in various industries such as packaging, aerospace, and electronics. These materials are favored for their lightweight, high strength, and low flammability properties, making them ideal for use in interior wall panels and doors. The packaging industry stands as the largest consumer, fueled by the rising demand for convenience foods and the growth of e-commerce. The aerospace sector is anticipated to be the fastest-growing consumer, with a notable increase in aircraft component production. Additionally, the electrical and electronics industry in France is experiencing a surge in demand due to rapid technological advancements, further propelling the market for engineering plastics.

The market landscape in France is fairly consolidated, with major players like Arkema, BASF SE, Domo Chemicals, INEOS, and Solvay dominating the scene. Recent strategic moves, such as Victrex PLC's introduction of a new implantable polymer and Celanese Corporation's acquisition of DuPont's Mobility & Materials business, highlight ongoing innovations and expansions within the sector. These developments are complemented by efforts to introduce sustainable products, such as BASF SE's new sustainable POM offerings, which aim to reduce carbon footprints and support environmental sustainability. As the market evolves, these factors collectively contribute to the robust growth trajectory anticipated for engineering plastics in France over the coming years.

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France Engineering Plastics Market Size - Table of Contents

  1. 1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)

    1. 1.1 End User Industry

      1. 1.1.1 Aerospace

      2. 1.1.2 Automotive

      3. 1.1.3 Building and Construction

      4. 1.1.4 Electrical and Electronics

      5. 1.1.5 Industrial and Machinery

      6. 1.1.6 Packaging

      7. 1.1.7 Other End-user Industries

    2. 1.2 Resin Type

      1. 1.2.1 Fluoropolymer

        1. 1.2.1.1 By Sub Resin Type

          1. 1.2.1.1.1 Ethylenetetrafluoroethylene (ETFE)

          2. 1.2.1.1.2 Fluorinated Ethylene-propylene (FEP)

          3. 1.2.1.1.3 Polytetrafluoroethylene (PTFE)

          4. 1.2.1.1.4 Polyvinylfluoride (PVF)

          5. 1.2.1.1.5 Polyvinylidene Fluoride (PVDF)

          6. 1.2.1.1.6 Other Sub Resin Types

      2. 1.2.2 Liquid Crystal Polymer (LCP)

      3. 1.2.3 Polyamide (PA)

        1. 1.2.3.1 By Sub Resin Type

          1. 1.2.3.1.1 Aramid

          2. 1.2.3.1.2 Polyamide (PA) 6

          3. 1.2.3.1.3 Polyamide (PA) 66

          4. 1.2.3.1.4 Polyphthalamide

      4. 1.2.4 Polybutylene Terephthalate (PBT)

      5. 1.2.5 Polycarbonate (PC)

      6. 1.2.6 Polyether Ether Ketone (PEEK)

      7. 1.2.7 Polyethylene Terephthalate (PET)

      8. 1.2.8 Polyimide (PI)

      9. 1.2.9 Polymethyl Methacrylate (PMMA)

      10. 1.2.10 Polyoxymethylene (POM)

      11. 1.2.11 Styrene Copolymers (ABS and SAN)

France Engineering Plastics Market Size FAQs

The France Engineering Plastics Market size is expected to reach USD 2.28 billion in 2024 and grow at a CAGR of 6.47% to reach USD 3.13 billion by 2029.

In 2024, the France Engineering Plastics Market size is expected to reach USD 2.28 billion.

France Engineering Plastics Market Report Snapshots

France Engineering Plastics Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2029