Germany Polyethylene Market Size & Outlook, 2022-2030
Germany polyethylene market, 2018-2030 (US$M)
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Germany polyethylene market highlights
- The Germany polyethylene market generated a revenue of USD 7,250.4 million in 2022 and is expected to reach USD 7,921.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 1.1% from 2023 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2022.
- MEDICAL is the most lucrative end use segment registering the fastest growth during the forecast period.
Polyethylene market data book summary
| Market revenue in 2022 | USD 7,250.4 million |
| Market revenue in 2030 | USD 7,921.0 million |
| Growth rate | 1.1% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | MEDICAL |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
| Key market players worldwide | Basf SE, Borealis Exploration Ltd, Braskem SA ADR, Dow Inc, Exxon Mobil Corp, LyondellBasell Industries NV Class A, Mitsubishi Chemical Group Corp, China Petroleum & Chemical Corp Class H, Formosa Plastics Group, LG Chem, MOL Group, INEOS, SABIC |
Other key industry trends
- In terms of revenue, Germany accounted for 4.8% of the global polyethylene market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany polyethylene market is projected to lead the regional market in terms of revenue in 2030.
- Switzerland is the fastest growing regional market in Europe and is projected to reach USD 1,706.0 million by 2030.
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Polyethylene Market Scope
Polyethylene Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany polyethylene 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 polyethylene market will help companies and investors design strategic landscapes.
Packaging was the largest segment with a revenue share of 63.27% in 2022. Horizon Databook has segmented the Germany polyethylene market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
The manufacturing industry of Germany significantly influences the demand for polyethylene in the country. The use of this material in the automotive industry, as well as in industrial production, also contributes to the demand for polyethylene in the country.
In the automotive industry, polyethylene is widely used for manufacturing lightweight components of vehicles to enhance their fuel efficiency and reduce their emissions. The focus on carrying out technological innovations and adopting advanced manufacturing processes further supports the use of polyethylene in the country.
As the largest automotive market in Europe, Germany holds the top position in terms of production and sales of vehicles. It contributes approximately 25% to all passenger cars manufactured and nearly 20% to new registrations. Additionally, Germany has the highest concentration of original equipment manufacturer (OEM) plants in Europe, with a count of 44 OEM sites in the country in 2021.
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Our clientele includes a mix of polyethylene market companies, investment firms, advisory firms & academic institutions.
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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 Germany polyethylene market , including forecasts for subscribers. This country databook contains high-level insights into Germany polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany polyethylene market size, by end use, 2018-2030 (US$M)
Germany Polyethylene Market Outlook Share, 2022 & 2030 (US$M)
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