UK Plastics In Consumer Electronics Market Size & Outlook
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UK plastics in consumer electronics market highlights
- The UK plastics in consumer electronics market generated a revenue of USD 58.5 million in 2021 and is expected to reach USD 74.2 million by 2028.
- The UK market is expected to grow at a CAGR of 3.5% from 2022 to 2028.
- In terms of segment, polycarbonate (pc) was the largest revenue generating product in 2021.
- Bio-based Polycarbonate Resin is the most lucrative product segment registering the fastest growth during the forecast period.
Plastics in consumer electronics market data book summary
| Market revenue in 2021 | USD 58.5 million |
| Market revenue in 2028 | USD 74.2 million |
| Growth rate | 3.5% (CAGR from 2021 to 2028) |
| Largest segment | Polycarbonate (pc) |
| Fastest growing segment | Bio-based Polycarbonate Resin |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polycarbonate (PC), Liquid Crystal Polymers (LCP), PC/ABS Glass Filled Resins, Bio-based Polycarbonate Resin, Thermoplastic Elastomers, Polyamides |
| Key market players worldwide | Trinseo PLC, Covestro AG, Celanese Corp Class A, SABIC, Lotte Chemical, LG Chem, Mitsubishi Chemical Group Corp, Samsung SDI Co Ltd GDR - 144A, Koninklijke DSM NV |
Other key industry trends
- In terms of revenue, UK accounted for 1.0% of the global plastics in consumer electronics market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany plastics in consumer electronics market is projected to lead the regional market in terms of revenue in 2028.
- France is the fastest growing regional market in Europe and is projected to reach USD 68.6 million by 2028.
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Plastics In Consumer Electronics Market Scope
Plastics In Consumer Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Samsung SDI Co Ltd GDR - 144A | View profile | 12452 | 150-20 Gongsero-ro, Giheung-gu, Gyeonggi-do, Yongin, Korea, Republic of | http://www.samsungsdi.co.kr |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| Lotte Chemical | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.lottechem.com |
| Mitsubishi Chemical Group Corp | View profile | 74632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | https://www.mcgc.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| Celanese Corp Class A | View profile | 12410 | 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 | https://www.celanese.com |
| Covestro AG | View profile | 17520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | https://www.covestro.com/en |
| Trinseo PLC | View profile | 3100 | 440 East Swedesford Road, Suite 301, Wayne, PA, United States, 19087 | https://www.trinseo.com |
| Koninklijke DSM NV | View profile | 20682 | Het Overloon 1, P.O. Box 6500, Heerlen, LI, Netherlands, 6411 TE | https://www.dsm.com |
UK plastics in consumer electronics 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 plastics in consumer electronics market will help companies and investors design strategic landscapes.
Polycarbonate (pc) was the largest segment with a revenue share of 33.16% in 2021. Horizon Databook has segmented the UK plastics in consumer electronics market based on polycarbonate (pc), liquid crystal polymers (lcp), pc/abs glass filled resins, bio-based polycarbonate resin, thermoplastic elastomers, polyamides covering the revenue growth of each sub-segment from 2017 to 2028.
Growing demand for lightweight and durable plastics for manufacturing household appliances and smart consumer wearables is expected to have a positive impact on the growth of plastics in the consumer electronics market across the country.
In addition, rising popularity of built-in kitchens is expected to boost the demand for household appliances over the forecast period. The demand for plastics is likely to grow owing to the presence of major consumer appliance manufacturers such as BSH Home Appliances AB, Russell Hobbs, and others in the region.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK plastics in consumer electronics market , including forecasts for subscribers. This country databook contains high-level insights into UK plastics in consumer electronics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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UK plastics in consumer electronics market size, by product, 2017-2028 (US$M)
UK Plastics In Consumer Electronics Market Outlook Share, 2021 & 2028 (US$M)
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