Spain Polyethylene Market Size & Outlook, 2022-2030
Spain polyethylene market, 2018-2030 (US$M)
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Spain polyethylene market highlights
- The Spain polyethylene market generated a revenue of USD 2,589.7 million in 2022 and is expected to reach USD 3,032.8 million by 2030.
- The Spain market is expected to grow at a CAGR of 2% from 2023 to 2030.
- In terms of segment, packaging was the largest revenue generating end use in 2022.
- OTHER END USES 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 2,589.7 million |
| Market revenue in 2030 | USD 3,032.8 million |
| Growth rate | 2% (CAGR from 2022 to 2030) |
| Largest segment | Packaging |
| Fastest growing segment | OTHER END USES |
| 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, Spain accounted for 1.7% 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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Spain 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 63.5% in 2022. Horizon Databook has segmented the Spain 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 use of polyethylene in various construction activities drives the growth of the market for this material in Spain. The lightweight polyethylene pipes are easy to transport and install, thereby contributing to the efficiency of construction processes. Additionally, polyethylene is used as insulation material in cables owing to its electrical insulating properties and moisture resistance.
As Spain emphasizes the adoption of sustainable building practices and the development of energy-efficient structures, the demand for polyethylene-based insulation materials is expected to grow in the country during the forecast period.
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Target buyers of Spain polyethylene market databook
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Our clientele includes a mix of polyethylene 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain polyethylene market , including forecasts for subscribers. This country databook contains high-level insights into Spain polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain polyethylene market size, by end use, 2018-2030 (US$M)
Spain Polyethylene Market Outlook Share, 2022 & 2030 (US$M)
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