Spain Plastic Market Size & Outlook, 2023-2030
Spain plastic market, 2018-2030 (US$M)
Related Markets
Spain plastic market highlights
- The Spain plastic market generated a revenue of USD 12,365.7 million in 2023 and is expected to reach USD 15,678.6 million by 2030.
- The Spain market is expected to grow at a CAGR of 3.4% from 2024 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2023.
- Medical Devices is the most lucrative end use segment registering the fastest growth during the forecast period.
Plastic market data book summary
| Market revenue in 2023 | USD 12,365.7 million |
| Market revenue in 2030 | USD 15,678.6 million |
| Growth rate | 3.4% (CAGR from 2023 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | Medical Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Packaging, Construction, Electricals & Electronics, Automotive, Medical Devices, Agriculture, Furniture & Bedding, Consumer Goods, Utility |
| Key market players worldwide | Basf SE, SABIC, Dow Inc, DuPont de Nemours Inc, Evonik Industries AG, Sumitomo Chemical Co Ltd, Arkema SA, Celanese Corp Class A, Eastman Chemical Co, Chevron Corp, Lotte Chemical, Exxon Mobil Corp, Formosa Plastics Group, Covestro AG, Toray Industries Inc, Mitsui & Co Ltd, Teijin Ltd, INEOS, LG Chem, Lanxess AG, CHIMEI, Huntsman Corp, LyondellBasell Industries NV Class A, Miller Waste Mills |
Other key industry trends
- In terms of revenue, Spain accounted for 1.9% of the global plastic market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany plastic market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 24,136.0 million by 2030.
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Plastic Market Scope
Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain plastic 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 market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 35.35% in 2023. Horizon Databook has segmented the Spain plastic market based on packaging, construction, electricals & electronics, automotive, medical devices, agriculture, furniture & bedding, consumer goods, utility covering the revenue growth of each sub-segment from 2018 to 2030.
Spain is known for its clean environment initiatives globally. Companies in the country are constantly striving to develop technologies that can lead to a safer environment. Recent innovations focus on the production of diesel from plastic waste and industrial oils. This, in turn, has led to reduced pollution from wastes and has also helped the country in boosting its economy.
In 2023, polyethylene was the dominant product segment, in terms of volume, in Spain owing to its wide array of properties and usage across multiple industries. It was followed by polypropylene and polyvinyl chloride product segments in the order mentioned.
DesnudaLaFruta is a campaign that monitors and educates the local consumers on the amount of plastic to be used in packaging products, depending on the type of products to be packaged and materials to be used for packaging.
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Target buyers of Spain plastic market databook
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Our clientele includes a mix of plastic 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 Spain plastic market , including forecasts for subscribers. This country databook contains high-level insights into Spain plastic market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain plastic market size, by end use, 2018-2030 (US$M)
Spain Plastic Market Outlook Share, 2023 & 2030 (US$M)
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