France Plastic Compounding Market Size & Outlook
France plastic compounding market, 2019-2030 (US$M)
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France plastic compounding market highlights
- The France plastic compounding market generated a revenue of USD 2,883.8 million in 2023 and is expected to reach USD 4,487.3 million by 2030.
- The France market is expected to grow at a CAGR of 6.5% 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 2023 | USD 2,883.8 million |
| Market revenue in 2030 | USD 4,487.3 million |
| Growth rate | 6.5% (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 |
Other key industry trends
- In terms of revenue, France accounted for 4.3% 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 Scope
Plastic Compounding Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 29.17% in 2023. Horizon Databook has segmented the France 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.
Rising demand for plastic compounding for manufacturing various interior elements of residential and commercial buildings and automobiles is expected to drive market growth over the projected period. The presence of several automobile and construction companies in the region is expected to have a positive impact on the demand for plastic compounding over the forecast period.
The country is also recognized as one of the largest automobile manufacturers in the world and is characterized by the presence of several manufacturers such as Peugeot; Citroen, a brand owned by Groupe PSA; Renault owned by Groupe Renault; Venturi; BUGATTI AUTOMOBILES S.A.S; and LIGIER GROUP.
As a result, the presence of key automobile manufacturer in the country is anticipated to create lucrative opportunities for plastic compounding market in the country.However, the COVID-19 pandemic has stalled the manufacturing and industrial operations in the country.
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Target buyers of France plastic compounding market databook
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Our clientele includes a mix of plastic compounding market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the France plastic compounding market , including forecasts for subscribers. This country databook contains high-level insights into France plastic compounding market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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France plastic compounding market size, by product, 2019-2030 (US$M)
France Plastic Compounding Market Outlook Share, 2023 & 2030 (US$M)
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