The Europe plastic compounding market is evaluated to grow with a CAGR of 6.58% in terms of revenue and 4.90% in terms of volume across the projected period of 2021 to 2028. The surging demand for electric vehicles, as well as the increasing need for green building activities, are among the key factors associated with the regional market’s growth.

EUROPE PLASTIC COMPOUNDING MARKET FORECAST 2021-2028

Europe Plastic Compounding Market by Polymer Type (Polyethylene, Polypropylene, TPV, TPO, PVC, Polystyrene, PET, PBT, Polyamide, Polycarbonate, ABS, Other Polymer Types) Market by Application (Automotive, Construction, Electrical & Electronics, Packaging, Consumer Goods, Industrial Machinery, Medical Devices, Other Applications) by Geography.

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The Europe plastic compounding market is evaluated to grow with a CAGR of 6.58% in terms of revenue and 4.90% in terms of volume across the projected period of 2021 to 2028. The surging demand for electric vehicles, as well as the increasing need for green building activities, are among the key factors associated with the regional market’s growth.europe-plastic-compounding-market

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The Europe plastic compounding market growth evaluation entails the study of the United Kingdom, Russia, Poland, Germany, Italy, Belgium, France, and the rest of Europe. The plastics industry in the United Kingdom leads globally in terms of functioning at the cutting edge of technology. The industry employs approximately 182,000 individuals and possesses an annual sales turnover of more than £23.5 billion. As a result, it also constitutes an essential element of the United Kingdom’s economic strength.

Conversely, France concentrates on application-based research and development (R&D) in the field of polymer. Besides, several technical centers, as well as R&D institutions in the country, primarily use polypropylene and polystyrene for plastic compounding. Plastic compounding in France is mainly utilized across industries such as automotive, electric, and packaging. Furthermore, the country remains committed to maintaining social equity through tax policies, laws, and social spending, thereby easing economic inequality. These micro-macro and socio-economic indicators contribute towards increased awareness about the use of polymer for compounding. Hence, such factors are projected to strengthen the plastic compounding market growth in Europe during the forecasting years.

LyondellBasell Industries NV, headquartered in the Netherlands, is an international, independent chemical company. It refines crude oil and converts it into refined products such as jet fuel, diesel, and gasoline. The company’s chemical products entail polyolefin and polypropylene compounds, ethylene, propylene oxide, polyethylene, and propylene. It also licenses and develops polyolefin process technologies and offers associated engineering services.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • DEMAND FROM AUTOMOTIVE MANUFACTURERS FOR MAKING LIGHTWEIGHT VEHICLES
        • INCREASED APPLICATION DUE TO INFRASTRUCTURE GROWTH
        • PLASTICS FORMING A GOOD SUBSTITUTE THAN OTHER MATERIALS IN MANY APPLICATIONS
      • KEY RESTRAINTS
        • RAW MATERIAL PRICE FLUCTUATIONS
        • RESTRICTIONS ON THE USE OF VOCS PRESENT IN PLASTIC COATING
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON PLASTIC COMPOUNDING MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
    2. MARKET BY POLYMER TYPE (VALUE IN $ MILLION & VOLUME IN KILOTONS)
      • POLYETHYLENE
      • POLYPROPYLENE
      • TPV (THERMOPLASTIC VULCANIZATES)
      • TPO (THERMOPLASTIC OLEFIN)
      • PVC (POLYVINYL CHLORIDE)
      • POLYSTYRENE
      • PET (POLYETHYLENE TEREPHTHALATE)
      • PBT (POLYBUTYLENE TEREPHTHALATE)
      • POLYAMIDE
      • POLYCARBONATE
      • ABS (ACRYLONITRILE BUTADIENE STYRENE)
      • OTHER POLYMER TYPES
    3. MARKET BY APPLICATION (VALUE IN $ MILLION & VOLUME IN KILOTONS)
      • AUTOMOTIVE
      • CONSTRUCTION
      • ELECTRICAL & ELECTRONICS
      • PACKAGING
      • CONSUMER GOODS
      • INDUSTRIAL MACHINERY
      • MEDICAL DEVICES
      • OTHER APPLICATIONS
    4. GEOGRAPHICAL ANALYSIS (VALUE IN $ MILLION & VOLUME IN KILOTONS)
      • EUROPE
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • ASAHI KASEI CORPORATION
        • AURORA PLASTICS (S&E SPECIALTY POLYMERS LLC)
        • BASF SE
        • COVESTRO AG
        • DOW CHEMICAL COMPANY
        • DUPONT
        • KRATON CORPORATION
        • KURARAY CO LTD
        • LANXESS AG
        • LYONDELLBASELL INDUSTRIES NV
        • RTP COMPANY
        • SAUDI BASIC INDUSTRIES CORPORATION (SABIC)
        • SO.F.TER. GROUP (ACQUIRED BY CELANESE)
        • SOLVAY SA
        • TEIJIN LIMITED
        • TEKNOR APEX COMPANY
        • WASHINGTON PENN PLASTIC CO INC (WPP)

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – PLASTIC COMPOUNDING

    TABLE 2: EUROPE PLASTIC COMPOUNDING MARKET, BY POLYMER TYPE, HISTORICAL YEARS, 2021-2020 (IN $ MILLION)

    TABLE 3: EUROPE PLASTIC COMPOUNDING MARKET, BY POLYMER TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: EUROPE PLASTIC COMPOUNDING MARKET, BY POLYMER TYPE, HISTORICAL YEARS, 2021-2020 (IN KILOTONS)

    TABLE 5: EUROPE PLASTIC COMPOUNDING MARKET, BY POLYMER TYPE, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 6: EUROPE PLASTIC COMPOUNDING MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: EUROPE PLASTIC COMPOUNDING MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: EUROPE PLASTIC COMPOUNDING MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

    TABLE 9: EUROPE PLASTIC COMPOUNDING MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 10: EUROPE PLASTIC COMPOUNDING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 11: EUROPE PLASTIC COMPOUNDING MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 12: EUROPE PLASTIC COMPOUNDING MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

    TABLE 13: EUROPE PLASTIC COMPOUNDING MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 14: LIST OF MERGERS & ACQUISITIONS

    TABLE 15: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 16: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 17: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

    FIGURES LIST       

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: VALUE CHAIN ANALYSIS

    FIGURE 6: EUROPE PLASTIC COMPOUNDING MARKET, GROWTH POTENTIAL, BY POLYMER TYPE, IN 2020

    FIGURE 7: EUROPE PLASTIC COMPOUNDING MARKET, BY POLYETHYLENE, 2021-2028 (IN $ MILLION)

    FIGURE 8: EUROPE PLASTIC COMPOUNDING MARKET, BY POLYPROPYLENE, 2021-2028 (IN $ MILLION)

    FIGURE 9: EUROPE PLASTIC COMPOUNDING MARKET, BY TPV, 2021-2028 (IN $ MILLION)

    FIGURE 10: EUROPE PLASTIC COMPOUNDING MARKET, BY TPO, 2021-2028 (IN $ MILLION)

    FIGURE 11: EUROPE PLASTIC COMPOUNDING MARKET, BY PVC, 2021-2028 (IN $ MILLION)

    FIGURE 12: EUROPE PLASTIC COMPOUNDING MARKET, BY POLYSTYRENE, 2021-2028 (IN $ MILLION)

    FIGURE 13: EUROPE PLASTIC COMPOUNDING MARKET, BY PET, 2021-2028 (IN $ MILLION)

    FIGURE 14: EUROPE PLASTIC COMPOUNDING MARKET, BY PBT, 2021-2028 (IN $ MILLION)

    FIGURE 15: EUROPE PLASTIC COMPOUNDING MARKET, BY POLYAMIDE, 2021-2028 (IN $ MILLION)

    FIGURE 16: EUROPE PLASTIC COMPOUNDING MARKET, BY POLYCARBONATE, 2021-2028 (IN $ MILLION)

    FIGURE 17: EUROPE PLASTIC COMPOUNDING MARKET, BY ABS, 2021-2028 (IN $ MILLION)

    FIGURE 18: EUROPE PLASTIC COMPOUNDING MARKET, BY OTHER POLYMER TYPES, 2021-2028 (IN $ MILLION)

    FIGURE 19: EUROPE PLASTIC COMPOUNDING MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 20: EUROPE PLASTIC COMPOUNDING MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)

    FIGURE 21: EUROPE PLASTIC COMPOUNDING MARKET, BY CONSTRUCTION, 2021-2028 (IN $ MILLION)

    FIGURE 22: EUROPE PLASTIC COMPOUNDING MARKET, BY ELECTRICAL & ELECTRONICS, 2021-2028 (IN $ MILLION)

    FIGURE 23: EUROPE PLASTIC COMPOUNDING MARKET, BY PACKAGING, 2021-2028 (IN $ MILLION)

    FIGURE 24: EUROPE PLASTIC COMPOUNDING MARKET, BY CONSUMER GOODS, 2021-2028 (IN $ MILLION)

    FIGURE 25: EUROPE PLASTIC COMPOUNDING MARKET, BY INDUSTRIAL MACHINERY, 2021-2028 (IN $ MILLION)

    FIGURE 26: EUROPE PLASTIC COMPOUNDING MARKET, BY MEDICAL DEVICES, 2021-2028 (IN $ MILLION)

    FIGURE 27: EUROPE PLASTIC COMPOUNDING MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

    FIGURE 28: EUROPE PLASTIC COMPOUNDING MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 29: UNITED KINGDOM PLASTIC COMPOUNDING MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 30: GERMANY PLASTIC COMPOUNDING MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 31: FRANCE PLASTIC COMPOUNDING MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 32: ITALY PLASTIC COMPOUNDING MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 33: RUSSIA PLASTIC COMPOUNDING MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 34: BELGIUM PLASTIC COMPOUNDING MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 35: POLAND PLASTIC COMPOUNDING MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 36: REST OF EUROPE PLASTIC COMPOUNDING MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS (VALUE IN $ MILLION & VOLUME IN KILOTONS)
      • EUROPE
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. MARKET BY POLYMER TYPE (VALUE IN $ MILLION & VOLUME IN KILOTONS)
      • POLYETHYLENE
      • POLYPROPYLENE
      • TPV (THERMOPLASTIC VULCANIZATES)
      • TPO (THERMOPLASTIC OLEFIN)
      • PVC (POLYVINYL CHLORIDE)
      • POLYSTYRENE
      • PET (POLYETHYLENE TEREPHTHALATE)
      • PBT (POLYBUTYLENE TEREPHTHALATE)
      • POLYAMIDE
      • POLYCARBONATE
      • ABS (ACRYLONITRILE BUTADIENE STYRENE)
      • OTHER POLYMER TYPES
    2. MARKET BY APPLICATION (VALUE IN $ MILLION & VOLUME IN KILOTONS)
      • AUTOMOTIVE
      • CONSTRUCTION
      • ELECTRICAL & ELECTRONICS
      • PACKAGING
      • CONSUMER GOODS
      • INDUSTRIAL MACHINERY
      • MEDICAL DEVICES
      • OTHER APPLICATIONS

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