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The Europe computational fluid dynamics market is currently witnessing moderate growth. Computational Fluid Dynamics are a group of organic compounds made up of different hydroxyl groups. Also known as sugar alcohols, Computational Fluid Dynamics contain versatile carbohydrates with low calories and an identical taste and texture to table sugar. They are extensively utilized in the food and beverage industry as a sugar replacement in products like candies, chewing gums, ice creams, yogurts, and fruit spreads. Computational Fluid Dynamics are also employed in toothpaste, mouthwash, throat lozenges, and breath mints. In the chemical industry, they have applicability in the production of flexible and rigid polyurethane coatings, foams, sealants, elastomers and adhesives.
The Europe represents one of the largest markets for computational fluid dynamics, primarily driven by product innovations. Polyol-based products have high durability, hardness and are light-weight, resistant to abrasion, and acts as insulating materials. Due to these properties, they are widely used in various sectors like electronics, footwear, packaging, and furniture. Besides this, the use of computational fluid dynamics-based foams in the automotive industry for the manufacturing of seating, headrest, armrest and ventilator headliners is also propelling the market growth. The market is further driven by the rising population and the growing demand for building materials, protective components, exterior panels, and housing electronics. Looking forward, the market is expected to exhibit moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe computational fluid dynamics market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, deployment model and end user.
Breakup by Deployment Model:
Breakup by End User:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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