Germany Polyolefin Market Size & Outlook, 2023-2030
Germany polyolefin market, 2018-2030 (US$M)
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Germany polyolefin market highlights
- The Germany polyolefin market generated a revenue of USD 12,616.3 million in 2023 and is expected to reach USD 16,743.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.1% 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.
Polyolefin market data book summary
| Market revenue in 2023 | USD 12,616.3 million |
| Market revenue in 2030 | USD 16,743.7 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Polyethylene (pe) |
| Fastest growing segment | Ethylene-Vinyl Acetate (EVA) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 5.0% of the global polyolefin market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany polyolefin market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 7,257.2 million by 2030.
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Polyolefin Market Scope
Polyolefin Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 37.12% in 2023. Horizon Databook has segmented the Germany 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.
Germany was the leading manufacturer of polyolefins in Europe in 2022. The country is self-sufficient in terms of polyolefin production, with an adequate number of plants and production capacities to fulfill the local demand.
The country also recycles a significant amount of waste polyolefin into various products such as fibers, sheets, and films. Germany is one of the leading countries in terms of recycling rates.
The launch of a one-way bottle deposit system in 2003 is responsible for the high recycling rate in the country. Customers can use a bottle only once and return it. Furthermore, according to the World Economic Forum, in 2021, the country recycled approximately 48.8% of all the polyolefin waste that was produced.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany polyolefin market , including forecasts for subscribers. This country databook contains high-level insights into Germany polyolefin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany polyolefin market size, by product, 2018-2030 (US$M)
Germany Polyolefin Market Outlook Share, 2023 & 2030 (US$M)
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