- The market in Europe is witnessing steady growth due to the rising use of lightweight and durable plastic components in automotive manufacturing aimed at improving fuel efficiency and reducing emissions
- Packaging remains one of the dominant application sectors, supported by the food and beverage industry's demand for high-barrier, tamper-proof, and customizable plastic packaging
- Germany dominates the molded plastics market in Europe, driven by its strong manufacturing ecosystem, advanced technological infrastructure, and the extensive use of molded plastics across key sectors such as automotive, electricals, and construction
- U.K. is expected to witness the highest compound annual growth rate (CAGR) in the Europe molded plastics market due to rising investments in construction and renovation projects, increasing demand for lightweight materials in automotive and electronics applications, and government initiatives promoting green building materials and plastic waste reduction
- The polyethylene segment dominated the market with the largest revenue share in 2024, driven by its widespread use in packaging, construction, and consumer goods due to its flexibility, moisture resistance, and durability. PE’s ability to be molded into various shapes while maintaining strength and resilience has made it a preferred choice for manufacturers across diverse industries. The growing demand for sustainable alternatives and lightweight materials in packaging has further increased its adoption
