UK Polyethylene Market Size & Outlook, 2022-2030
UK polyethylene market, 2018-2030 (US$M)
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UK polyethylene market highlights
- The UK polyethylene market generated a revenue of USD 3,601.3 million in 2022 and is expected to reach USD 4,210.3 million by 2030.
- The UK 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.
- 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 3,601.3 million |
| Market revenue in 2030 | USD 4,210.3 million |
| Growth rate | 2% (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, UK accounted for 2.4% 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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UK 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 63.4% in 2022. Horizon Databook has segmented the UK 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.
In addition to traditional applications of polyethylene, it is also used in 3D printing technology. This fuels the demand for polyethylene, thereby leading to the growth of the market for this material in the UK. Polyethylene filaments are used for 3D printing of prototypes, products, and components.
As the adoption of 3D printing is rising in the manufacturing industry, as well as in design and research activities in the country, the demand for polyethylene filaments is surging in the UK.
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Target buyers of UK 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 UK polyethylene market , including forecasts for subscribers. This country databook contains high-level insights into UK polyethylene market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK polyethylene market size, by end use, 2018-2030 (US$M)
UK Polyethylene Market Outlook Share, 2022 & 2030 (US$M)
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