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Materials & Engineering sector in Hungary
Driven by innovation and efficiency, this sector leverages advanced manufacturing techniques and sustainable materials.
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.market overview
The materials sector is witnessing innovation in sustainable materials, with companies developing eco-friendly alternatives to traditional materials such as plastics and metals. Biodegradable polymers, recycled materials, and biomimetic materials are gaining popularity as companies prioritize environmental sustainability in their product development processes.
41,56 %
.average value added in the sector
20.8
.gross profit margin
4655.3
.total number of active firms
2466.2
.turnover per company
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Market structure
Advanced manufacturing techniques such as additive manufacturing (3D printing) and nanotechnology are driving efficiency and customization in the materials sector. These technologies enable rapid prototyping, complex geometries, and lightweight designs, leading to cost savings and improved performance in various applications.
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