Europe Plastic Additives Market Size & Outlook, 2023-2030
The plastic additives market in Europe is expected to reach a projected revenue of US$ 12,114.9 million by 2030. A compound annual growth rate of 5.1% is expected of Europe plastic additives market from 2024 to 2030.
Revenue, 2023 (US$M)
$8,561.7
Forecast, 2030 (US$M)
$12,114.9
CAGR, 2024 - 2030
5.1%
Report Coverage
Europe
Europe plastic additives market, 2018-2030 (US$M)
Europe plastic additives market highlights
- An overview of the Europe plastic additives market trends heading towards 2030. The Europe market generated a revenue of USD 8,561.7 million in 2023.
- The overall growth of the Europe market from 2023 to 2030. The market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- A look at the Europe market revenues per segment in 2023. In terms of segment, plasticizers was the largest revenue generating product type in 2023.
- The segment witnessing the fastest revenue growth within the market. Plasticizers is the most lucrative product type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 8,561.7 million |
| Market revenue in 2030 | USD 12,114.9 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Plasticizers |
| Fastest growing segment | Plasticizers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plasticizers |
Other key industry trends
- In terms of revenue, Europe region accounted for 17.5% of the global plastic additives market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 3,664.5 million by 2030.
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Plastic Additives Market Scope
Plastic additives market segmentation & scope
Plasticizers
Flame Retardants
Impact Modifiers
Antioxidants
Antimicrobials
UV Stabilizers
Others
Plastic Type
Commodity Plastics
Engineering Plastics
High Performance Plastics
End Use
Packaging
Automotive
Consumer Goods
Construction
Others (e.g., Pharmaceuticals, Sports Equipment)
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Russia
Denmark
Sweden
Norway
China
India
Japan
Australia
South Korea
Indonesia
Vietnam
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Plastic Additives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe plastic additives market
Related regional statistics
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