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Europe Polyphenylene Oxide Market Size, Share & Trends Analysis Report By Application (Electronic Components, Automotive (Structural Parts), Medical Instruments, Domestic Appliances, Fluid Handling), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 118 Pages
  • January 2025
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6049042
The Europe Polyphenylene Oxide Market is expected to witness market growth of 5.4% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 144.13 kilo tonnes, showcasing a growth of 25.4% (2020-2024).

The Germany market dominated the Europe Polyphenylene Oxide Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $144.1 Million by 2031. The UK market is exhibiting a CAGR of 4.7% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 6.2% during 2024-2031.

In the automotive sector, the adoption of PPO has been accelerating due to its role in lightweighting initiatives. As governments enforce stricter fuel efficiency and emission standards, automotive manufacturers increasingly replace traditional metal components with high-performance plastics like PPO. The electronics and electrical sector contributes significantly to the market's growth. The increasing reliance on electronic devices, smart home technologies, and renewable energy systems has created a substantial demand for materials with superior electrical insulation and thermal stability. PPO is extensively used in producing circuit boards, connectors, and enclosures for electronic devices.

The growth of the consumer appliances sector is a significant driver for the polyphenylene oxide market, owing to PPO’s exceptional durability, resistance to high temperatures, and chemical stability. These properties make it a critical material for manufacturing components in appliances such as washing machines, dishwashers, and microwave ovens. For instance, PPO is used in washing machine pump housings and dishwasher spray arms, ensuring long-term performance underwater exposure and harsh detergents. Similarly, PPO is employed for handles and interior brackets in microwave ovens, maintaining structural integrity under repeated thermal cycling. Its versatility and ability to withstand demanding operational conditions ensure the reliability of modern appliances, boosting PPO's adoption.

France’s emphasis on sustainability and eco-friendly manufacturing has spurred the use of PPO in domestic appliances. Manufacturers are incentivized to produce durable, recyclable, and energy-efficient appliances as part of the French Green Growth Strategy. PPO’s lightweight, durable, and recyclable properties align well with these goals, increasing its usage in refrigerators, ovens, and small kitchen appliances. Additionally, France’s adherence to EU energy labeling regulations, which mandate energy efficiency standards, further propels PPO adoption in the domestic appliance sector. Therefore, as Europe continues prioritizing high-performance materials in industries like healthcare and domestic appliances, PPO’s role in driving innovation and meeting regulatory demands will remain integral to the region’s industrial landscape.

List of Key Companies Profiled

  • Solvay SA
  • Asahi Kasei Corporation
  • Celanese Corporation
  • Saudi Basic Industries Corporation (SABIC)
  • Toray Industries, Inc.
  • Mitsubishi Chemical Holdings Corporation
  • Covestro AG
  • Ensinger GmbH
  • Evonik Industries AG (RAG-Stiftung)
  • BASF SE

Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Electronic Components
  • Automotive (Structural Parts)
  • Medical Instruments
  • Domestic Appliances
  • Fluid Handling
  • Other Applications

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Polyphenylene Oxide Market, by Application
1.4.2 Europe Polyphenylene Oxide Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Europe Polyphenylene Oxide Market by Application
4.1 Europe Electronic Components Market by Country
4.2 Europe Automotive (Structural Parts) market by Country
4.3 Europe Medical Instruments Market by Country
4.4 Europe Domestic Appliances Market by Country
4.5 Europe Fluid Handling Market by Country
4.6 Europe Other Applications Market by Country
Chapter 5. Europe Polyphenylene Oxide Market by Country
5.1 Germany Polyphenylene Oxide Market
5.1.1 Germany Polyphenylene Oxide Market by Application
5.2 UK Polyphenylene Oxide Market
5.2.1 UK Polyphenylene Oxide Market by Application
5.3 France Polyphenylene Oxide Market
5.3.1 France Polyphenylene Oxide Market by Application
5.4 Russia Polyphenylene Oxide Market
5.4.1 Russia Polyphenylene Oxide Market by Application
5.5 Spain Polyphenylene Oxide Market
5.5.1 Spain Polyphenylene Oxide Market by Application
5.6 Italy Polyphenylene Oxide Market
5.6.1 Italy Polyphenylene Oxide Market by Application
5.7 Rest of Europe Polyphenylene Oxide Market
5.7.1 Rest of Europe Polyphenylene Oxide Market by Application
Chapter 6. Company Profiles
6.1 Solvay SA
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental Analysis
6.1.4 Research & Development Expenses
6.1.5 SWOT Analysis
6.2 Asahi Kasei Corporation
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 SWOT Analysis
6.3 Celanese Corporation
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.3.5 SWOT Analysis
6.4 SABIC
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 SWOT Analysis
6.5 Toray Industries, Inc.
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 SWOT Analysis
6.6 Mitsubishi Chemical Holdings Corporation
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental Analysis
6.6.4 Research & Development Expense
6.6.5 SWOT Analysis
6.7 Covestro AG
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expenses
6.7.5 SWOT Analysis
6.8 Ensinger GmbH
6.8.1 Company Overview
6.8.2 SWOT Analysis
6.9 Evonik Industries AG (RAG-Stiftung)
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expenses
6.9.5 SWOT Analysis
6.10. BASF SE
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expense
6.10.5 SWOT Analysis

Companies Mentioned

  • Solvay SA
  • Asahi Kasei Corporation
  • Celanese Corporation
  • Saudi Basic Industries Corporation (SABIC)
  • Toray Industries, Inc.
  • Mitsubishi Chemical Holdings Corporation
  • Covestro AG
  • Ensinger GmbH
  • Evonik Industries AG (RAG-Stiftung)
  • BASF SE

Methodology

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