Europe Polyolefin Market Size & Outlook, 2023-2030
Europe polyolefin market, 2018-2030 (US$M)
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Europe polyolefin market highlights
- The Europe polyolefin market generated a revenue of USD 46,298.3 million in 2023.
- The market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, polyethylene (pe) was the largest revenue generating product in 2023.
- Ethylene-Vinyl Acetate (EVA) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 46,298.3 million |
| Market revenue in 2030 | USD 59,290.6 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene (pe) |
| Fastest growing segment | Ethylene-Vinyl Acetate (EVA) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene (PE), Polypropylene (PP), Ethylene-Vinyl Acetate (EVA), Thermoplastic Polyolefins (TPOs), Polyoxymethylene (POM), Polycarbonate (PC), Polymethyl Methacrylate (PMMA) |
| Key market players worldwide | China Petroleum & Chemical Corp Class H, LyondellBasell Industries NV Class A, PetroChina Co Ltd Class H, TotalEnergies SE, Chevron Corp, Repsol SA, Dow Inc, Exxon Mobil Corp, Braskem SA ADR, OMV AG |
Other key industry trends
- In terms of revenue, Europe region accounted for 18.3% of the global polyolefin market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 186,485.0 million by 2030.
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Polyolefin Market Scope
Polyolefin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe polyolefin 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 polyolefin market will help companies and investors design strategic landscapes.
Polyethylene (pe) was the largest segment with a revenue share of 37.17% in 2023. Horizon Databook has segmented the Europe polyolefin market based on polyethylene (pe), polypropylene (pp), ethylene-vinyl acetate (eva), thermoplastic polyolefins (tpos), polyoxymethylene (pom), polycarbonate (pc), polymethyl methacrylate (pmma) covering the revenue growth of each sub-segment from 2018 to 2030.
The polyolefin market in Europe is likely to witness sluggish growth owing to various factors, such as stalled industrial output caused by economic uncertainties, supply chain disruptions, and regulatory changes, which have collectively impacted market dynamics and expansion. Nevertheless, a promising outlook in Eastern Europe, driven by robust consumerism and manufacturing, is poised to stimulate the growth of the polyolefin market.
Additionally, the European market is shaped by stringent environmental regulations enforced by entities such as the European Chemicals Agency (ECHA) and the European Commission, along with other federal-level agencies, further influencing industry dynamics.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe polyolefin market , including forecasts for subscribers. This continent databook contains high-level insights into Europe polyolefin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe polyolefin market size, by country, 2018-2030 (US$M)
Europe Polyolefin Market Outlook Share, 2023 & 2030 (US$M)
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