UK Polyolefin Market Size & Outlook, 2023-2030
UK polyolefin market, 2018-2030 (US$M)
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UK polyolefin market highlights
- The UK polyolefin market generated a revenue of USD 4,254.8 million in 2023 and is expected to reach USD 5,567.4 million by 2030.
- The UK market is expected to grow at a CAGR of 3.9% 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 4,254.8 million |
| Market revenue in 2030 | USD 5,567.4 million |
| Growth rate | 3.9% (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, UK accounted for 1.7% 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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UK 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 37.1% in 2023. Horizon Databook has segmented the UK 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 the UK is anticipated to experience a gradual growth trajectory, influenced by multiple factors, including muted industrial output amid economic uncertainties, potential supply chain disruptions, and evolving regulatory conditions, which collectively shape the market's landscape and growth potential.
The construction industry in the UK witnessed a relatively higher growth rate in 2022, as compared to its performance in recent years. The UK government has introduced comprehensive programs aimed at modernizing and advancing the country's transport, energy, and social infrastructure.
Notable initiatives include the National Infrastructure Strategy, which outlines a long-term vision for strategic investments in critical areas such as transportation, renewable energy, digital connectivity, and affordable housing.
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Our clientele includes a mix of polyolefin 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 polyolefin market , including forecasts for subscribers. This country databook contains high-level insights into UK polyolefin market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK polyolefin market size, by product, 2018-2030 (US$M)
UK Polyolefin Market Outlook Share, 2023 & 2030 (US$M)
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