Market revenue in 2023 | USD 381.9 million |
Market revenue in 2030 | USD 579.9 million |
Growth rate | 6.1% (CAGR from 2023 to 2030) |
Largest segment | Polypropylene (pp) |
Fastest growing segment | Polyvinyl Chloride (PVC) |
Historical data | 2019 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | 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 |
Key market players worldwide | Basf 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 |
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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.
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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