Europe Plastics for Tribology Application Market Scope, Growth, Size and Share by 2031
Europe Plastics for Tribology Application Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 7.99 Billion |
Market Size by 2031 | US$ 13.04 Billion |
Global CAGR (2023 - 2031) | 6.3% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Material
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
Europe Plastics for Tribology Application Market News and Recent Developments
The Europe plastics for tribology application market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for plastics for tribology applications and strategies:
- In March 2022, Evonik developed a PEEK molding compound (polyetheretherketone) with very good tribological properties and high durability for use in the harsh environment of an internal combustion engine to replace metal gears. The series component is manufactured by IMS Gear SE & Co KGaA and is used by Mercedes-Benz AG in various models. (Source: Evonik Industries AG, Press Release, 2022)
Europe Plastics for Tribology Application Market Report Coverage and Deliverables
The "Europe Plastics for Tribology Application Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles