Market Study: Plastics - Europe

 

 

Plastics play a major role in the "Green Deal" that aims to make Europe climate-neutral by 2050. EU initiatives for circular economy and bioeconomy promote recycling and bioplastics, whereas plastic waste and microplastics are to be restricted. Further, Europe wants to become less dependent on oil and gas imports. Despite crises and conflicts, nearly 57 million tonnes of plastics were sold in Europe last year, around 3 million tonnes more than in 2015. This is the second time Ceresana has analyzed the entire European market for all commercially important plastics: from mass-produced standard polymers, such as polyethylene, polypropylene, PET or PVC, to high-performance plastics needed for lightweight construction and special technical applications.

 

  

A Growing Market for Plastics

Market researchers at Ceresana expect average sales growth of 2.0% per year for the European plastics industry. This major economic sector is thus expected to reach a volume of around EUR 107 billion in 2031. This impressive figure does not include synthetic fibers for textiles; nor does it take into account synthetic resins and silicones for paints and coatings, adhesives and sealants. In Europe, Germany is the largest producer of plastics, with a market share of almost 22%, followed by Russia, Belgium and France. Regionally, production and consumption of plastics are developing very differently. Ceresana's new plastics market report examines the different types of plastics and their areas of application in detail.

Polymers for Packaging and Construction

Packaging and construction products currently account for around 68% of total demand for plastics in Europe. The two plastic types polyethylene and polypropylene dominate the "flexible packaging" application area, i.e. films, bags and sacks. PET, on the other hand, is the main type of plastic used for "rigid packaging" in Europe, for example for bottles and lids, cans, cups and boxes. Instead of bottles, plastic bags are increasingly being used for some beverages. Compostable bioplastics are becoming increasingly competitive, especially for food packaging. In the construction industry, plastics are needed for both structural and civil engineering, for example for films, cables, pipes, profiles, dowels, coatings and membranes. Despite concerns from environmentalists, PVC is still the most widely used type of plastic in this sector. Insulation materials such as EPS help save energy.

 

Overview of the Study:

Chapter 1 provides a detailed presentation and analysis of the European market for plastics - including forecasts up to 2031.

The following application areas are examined in this study:

  • Flexible packaging
  • Rigid packaging
  • Construction
  • Transportation
  • Electrical & electronics
  • Industry
  • Other applications

These plastic types are considered individually:

Chapter 2 considers 23 countries individually: Demand, revenues, production, and import & export of plastics. Total production and trade volumes are broken down by type of plastic. The development of total demand is reported for each type of plastic and application.

Chapter 3 provides useful company profiles of the most important European manufacturers of plastics, clearly structured by contact details, revenues, profit, product range, production sites and brief profile. Detailed profiles are provided by 114 manufacturers, e.g. BASF SE, Borealis AG, Covestro AG, Braskem S.A., DuPont (E.I.) De Nemours, ExxonMobil Corp., Lanxess AG, LyondellBasell Industries N.V., The Dow Chemical Company, Total S.A., SABIC und Ineos Group, Ltd.

 

Scope of the Report:

Attributes

Details

Base Year

2021

Trend Period

2019 - 2031

Forecast Period

2022 - 2031

Pages

520

Application Areas

Flexible Packaging, Rigid Packaging, Construction, Transportation, Electrical & Electronics, Industry, Other Applications

Plastic Types

Polyethylene (LDPE, LLDPE and HDPE), Polyvinyl Chlorid (PVC), Polypropylene (PP), Polyethylene Terephthalat (PET), Polystyrene (PS und EPS), Other Plastics

Company Profiles

BASF SE, Borealis AG, Covestro AG, Braskem S.A., DuPont (E.I.) De Nemours, ExxonMobil Corp., Lanxess AG, LyondellBasell Industries N.V., The Dow Chemical Company, Total S.A., SABIC und Ineos Group, Ltd. (Selection)

Edition

2nd edition

Publication

August 2022

 

FAQs

How will the plastics market develop in Europe up to the year 2031?

We expect average sales growth of 2.0% per year for the European plastics industry. This sector is thus expected to reach a volume of around EUR 107 billion in 2031.

 

Which countries have the largest market share of the production of plastics?

Germany is the largest producer of plastics, with a market share of almost 22%, followed by Russia, Belgium and France.

 

Which application areas account for the highest use of plastics?

With a share of 68% of total demand for plastics in Europe, packaging and construction products represent the largest application areas.

1 Market Data

1.1 Europe
1.1.1 Demand
1.1.2 Revenues
1.1.3 Production

1.1.4 Application Areas
1.1.4.1 Flexible packaging
1.1.4.2 Rigid packaging
1.1.4.3 Construction
1.1.4.4 Transportation
1.1.4.5 E&E
1.1.4.6 Industry
1.1.4.7 Others

1.1.5 Product Types
1.1.5.1 Polyethylene - LDPE
1.1.5.2 Polyethylene - LLDPE
1.1.5.3 Polyethylene - HDPE
1.1.5.4 Polypropylene (PP)
1.1.5.5 Polyvinyl chloride (PVC)
1.1.5.6 Polyethylene terephthalat (PET)
1.1.5.7 Polystyrene (PS & EPS)
1.1.5.8 Other plastics (PUR, PA, ABS, PC, PMMA, POM, PBT, SAN, Fluoropolymers, and Bioplastics)

2 Market Data: Country Profiles

(For each country: revenues, production, import & export. Demand split by applications and types as well as demand in each application split by products)

2.1 Europe
2.1.1 Austria
2.1.1.1 Demand & Revenues
2.1.1.2 Production & Trade

2.1.2 Belgium
2.1.2.1 Demand & Revenues
2.1.2.2 Production & Trade

2.1.3 Bulgaria
2.1.3.1 Demand & Revenues
2.1.3.2 Production & Trade

2.1.4 Czechia
2.1.4.1 Demand & Revenues
2.1.4.2 Production & Trade

2.1.5 Denmark
2.1.6 Finland
2.1.6.1 Demand & Revenues
2.1.6.2 Production & Trade

2.1.7 France
2.1.7.1 Demand & Revenues
2.1.7.2 Production & Trade

2.1.8 Germany
2.1.8.1 Demand & Revenues
2.1.8.2 Production & Trade

2.1.9 Greece
2.1.9.1 Demand & Revenues
2.1.9.2 Production & Trade

2.1.10 Hungary
2.1.10.1 Demand & Revenues
2.1.10.2 Production & Trade

2.1.11 Italy
2.1.11.1 Demand & Revenues
2.1.11.2 Production & Trade

2.1.12 Norway
2.1.12.1 Demand & Revenues
2.1.12.2 Production & Trade

2.1.13 Poland
2.1.13.1 Demand & Revenues
2.1.13.2 Production & Trade

2.1.14 Portugal
2.1.14.1 Demand & Revenues
2.1.14.2 Production & Trade

2.1.15 Romania
2.1.15.1 Demand & Revenues
2.1.15.2 Production & Trade

2.1.16 Russia
2.1.16.1 Demand & Revenues
2.1.16.2 Production & Trade

2.1.17 Slovakia
2.1.17.1 Demand & Revenues
2.1.17.2 Production & Trade

2.1.18 Spain
2.1.18.1 Demand & Revenues
2.1.18.2 Production & Trade

2.1.19 Sweden
2.1.19.1 Demand & Revenues
2.1.19.2 Production & Trade

2.1.20 Switzerland
2.1.21 The Netherlands
2.1.21.1 Demand & Revenues
2.1.21.2 Production & Trade

2.1.22 Turkey
2.1.22.1 Demand & Revenues
2.1.22.2 Production & Trade

2.1.23 United Kingdom
2.1.23.1 Demand & Revenues
2.1.23.2 Production & Trade

2.1.24 Rest of Europe
2.1.24.1 Demand & Revenues
2.1.24.2 Production & Trade

3 Company Profiles*

Austria (4 Producers)
Belarus (1)
Belgium (8)
Cyprus (1)
France (6)
Germany (22)
Greece (2)
Hungary (2)
Italy (8)
Luxembourg (1)
Norway (2)
Poland (3)
Portugal (1)
Romania (1)
Russia (15)
Serbia (1)
Slovakia (1)
Spain (8)
Switzerland (3)
The Netherlands (12)
Turkey (7)
Ukraine (1)
United Kingdom (4)


*Note: The profiles are assigned to the country in which the company or holding is headquartered. Profiles also include JVs and subsidiaries.

soon to come

soon to come