Czech Republic Plastic Compounding Market Size & Outlook

The plastic compounding market in the Czech Republic is expected to reach a projected revenue of US$ 579.9 million by 2030. A compound annual growth rate of 6.1% is expected of the Czech Republic plastic compounding market from 2024 to 2030.
Revenue, 2023 (US$M)
$381.9
Forecast, 2030 (US$M)
$579.9
CAGR, 2024 - 2030
6.1%
Report Coverage
Czech Republic

Czech Republic plastic compounding market highlights

  • The Czech Republic plastic compounding market generated a revenue of USD 381.9 million in 2023 and is expected to reach USD 579.9 million by 2030.
  • The Czech Republic market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
  • In terms of segment, polypropylene (pp) was the largest revenue generating product in 2023.
  • Polyvinyl Chloride (PVC) is the most lucrative product segment registering the fastest growth during the forecast period.


Plastic compounding market data book summary

Market revenue in 2023USD 381.9 million
Market revenue in 2030USD 579.9 million
Growth rate6.1% (CAGR from 2023 to 2030)
Largest segmentPolypropylene (pp)
Fastest growing segmentPolyvinyl Chloride (PVC)
Historical data2019 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolyethylene (PE), Polypropylene (PP), Thermoplastic Vulcanizates (TPV), Thermoplastic Polyolefins (TPO), Polyvinyl Chloride (PVC), Polystyrene (PS), Polyethylene Terephthalate (PET), Polybutylene Terephthalate (PBT), Polyamide (PA), Polycarbonate (PC), Acrylonitrile Butadiene Systems (ABS), Other Product
Key market players worldwideBasf SE, SABIC, Dow Inc, DL Holdings Group Ltd, LyondellBasell Industries NV Class A, DuPont de Nemours Inc, Asahi Kasei Corp, Covestro AG, Washington Penn, Ascend Performance Materials, Kuraray Co Ltd, Arkema SA, Teijin Ltd, Lanxess AG, Solvay SA, Ravago


Other key industry trends

  • In terms of revenue, Czech Republic accounted for 0.6% of the global plastic compounding market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany plastic compounding market is projected to lead the regional market in terms of revenue in 2030.
  • Spain is the fastest growing regional market in Europe and is projected to reach USD 1,712.7 million by 2030.

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Plastic Compounding Market Companies

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Czech Republic plastic compounding market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastic compounding market will help companies and investors design strategic landscapes.


Polypropylene (pp) was the largest segment with a revenue share of 29.43% in 2023. Horizon Databook has segmented the Czech Republic plastic compounding market based on polyethylene (pe), polypropylene (pp), thermoplastic vulcanizates (tpv), thermoplastic polyolefins (tpo), polyvinyl chloride (pvc), polystyrene (ps), polyethylene terephthalate (pet), polybutylene terephthalate (pbt), polyamide (pa), polycarbonate (pc), acrylonitrile butadiene systems (abs), other product covering the revenue growth of each sub-segment from 2019 to 2030.


The market share of the construction segment is predominantly occupied by huge multinationals that have established their businesses in the country. With the rising population, the country has shown tremendous growth in the consumption of plastics in construction applications over the past few years.

Polypropylene (PP) was the dominant product segment in the Czech Republic plastics compounding market owing to its applications in automotive interior & exterior, construction roofing & flooring, and packaging substitutes, among others. 

The growth of end-use industries in the Czech Republic owing to factors such as economic development and rising disposable incomes are anticipated to increase the demand for Polypropylene in the Czech Republic over the forecast period.

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Horizon Databook provides a detailed overview of country-level data and insights on the Czech Republic plastic compounding market , including forecasts for subscribers. This country databook contains high-level insights into Czech Republic plastic compounding market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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Czech Republic plastic compounding market size, by product, 2019-2030 (US$M)

Czech Republic Plastic Compounding Market Outlook Share, 2023 & 2030 (US$M)

Czech Republic plastic compounding market size, by product, 2019-2030 (US$M)

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