Europe Plastic Compounding Market Size Share & Trend Analysis Report, By Product (Polyethylene, PET, Polypropylene), By Application (Automotive, Construction, Electrical & Electronics, Packaging), And Segment Forecasts, 2019 - 2025

Published: Feb, 2019 | Pages: 121 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The Europe plastic compounding market size is projected to reach USD 18.4 billion by 2025, according to a new report by Grand View Research, Inc., registering a 5.7% CAGR during the forecast period. Plastic consumption has increased rapidly in automotive and electrical and electronics industries. This can be attributed to regulatory intervention to improve fuel efficiency by reducing vehicle weight, thus reducing carbon emissions. This trend has driven automotive OEMs to adopt plastics as a substitute for metals such as steel and aluminum for fabricating automotive components.

The compounding industry is a key component of the Europe plastics industry. The number of compounders in Central and Eastern Europe is increasing rapidly. Of the total compounding facilities in Europe, only 10% are fully integrated. However, these compounders manage about 50% of the overall demand in the region. Exports from Poland and Hungary have witnessed a significant increase since 2016.

The European market has witnessed a progressive increase in consumption of white goods, especially in the electronics industry. Plastics are used extensively in manufacturing white goods due to its properties such as electrical insulation, heat insulation, lightweight, design flexibility, durability, and energy-efficiency.

They are used in the production of hygienic and attractive knobs, liners, handles, door facings and internal fittings on refrigerators, housings tops, and lids or closures of dishwashers and washing machines. Increasingly aging European population and cost pressures on the healthcare sector have further increased need for electronic innovations.

Further key findings from the report suggest:

• On the basis of product, the value of polyethylene terephthalate is projected to ascend at a revenue-based CAGR of 7.0% from 2019 to 2025 as it is 100% recyclable

• By application, automotive dominated the market in terms of revenue, with a share of over 21.7% in 2017 as need for energy-efficient cars keeps on increasing. Rising demand for lightweight passenger vehicles expected to further augment consumption over the forecast period

• The Germany plastic compounding market is anticipated to reach USD 4.6 billion by 2025, owing to presence of a large number of formulator production facilities. With growing awareness of sustainability, the country also leads in the production of recycled PET

• The market for plastic compounding is characterized by a high degree of product innovation as manufacturers are investing heavily to capture the potential market and replace heavier substitutes while maintaining quality standards as per European norms

• Some of the key industry participants are BASF SE, Dow Chemical Co., SABIC, LyondellBasell Industries, and Covestro.

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Research methodology
                   1.2 Research scope and assumptions
                   1.3 List of data sources

Chapter 2 Executive Summary
                   2.1 Market snapshot

Chapter 3 Europe Plastic Compounding Market Variables, Trends & Scope
                   3.1 Market segmentation
                   3.2 Market size and growth prospects, 2014 - 2025
                   3.3 Plastic compounding value chain analysis
                   3.4 Regulatory framework
                   3.5 Technology overview
                   3.6 Price Trend Analysis, 2014 - 2017
                   3.7 Europe plastic compounding market dynamics
                       3.7.1 Market driver analysis
                           3.7.1.1 Growth of automobile industry in Europe
                           3.7.1.2 Increased use of plastics in white goods
                       3.7.2 Market restraint analysis
                           3.7.2.1 Volatile raw material prices
                   3.8 Key opportunities prioritized
                   3.9 Plastic Recycling Overview
                       3.9.1 Plastic recycling methods
                   3.10 Industry Analysis - Porter's
                   3.11 Plastic compounding PESTEL analysis

Chapter 4 Europe Plastic Compounding Market: Product Estimates & Trend Analysis
                   4.1 Product market introduction, 2017 & 2025
                   4.2 Polyethylene
                       4.2.1 Polyethylene market estimates & forecast, 2014 - 2025
                   4.3 Polypropylene
                       4.3.1 Polypropylene market estimates & forecast, 2014 - 2025
                   4.4 Thermoplastic vulcanizate (TPV)
                       4.4.1 TPV market estimates & forecast, 2014 - 2025
                   4.5 Thermoplastic polyolefins (TPO)
                       4.5.1 TPO market estimates & forecast, 2014 - 2025
                   4.6 Polyvinyl chloride (PVC)
                       4.6.1 PVC market estimates & forecast, 2014 - 2025
                   4.7 Polystyrene
                       4.7.1 Polystyrene market estimates & forecast, 2014 - 2025
                   4.8 Polyethylene terephthalate (PET)
                       4.8.1 PET market estimates & forecast, 2014 - 2025
                   4.9 Polybutylene terephthalate (PBT)
                       4.9.1 PBT market estimates & forecast, 2014 - 2025
                   4.10 Polyamide (PA)
                       4.10.1 PA market estimates & forecast, 2014 - 2025
                   4.11 Polycarbonate (PC)
                       4.11.1 PC market estimates & forecast, 2014 - 2025
                   4.12 Acrylonitrile butadiene styrene (ABS)
                       4.12.1 ABS market estimates & forecast, 2014 - 2025
                   4.13 Others
                       4.13.1 Other plastic compounds market estimates & forecast, 2014 - 2025

Chapter 5 Europe Plastic Compounding Market: Application Estimates & Trend Analysis
                   5.1 Application market introduction, 2017 & 2025
                   5.2 Automotive
                       5.2.1 Plastic compounding market estimates & forecast, in automotive, 2014 - 2025
                   5.3 Construction
                       5.3.1 Plastic compounding market estimates & forecast, in construction, 2014 - 2025
                   5.4 Electrical & electronics
                       5.4.1 Plastic compounding market estimates & forecast, in electrical & electronics, 2014 - 2025
                   5.5 Packaging
                       5.5.1 Plastic compounding market estimates & forecast, in packaging, 2014 - 2025
                   5.6 Consumer goods
                       5.6.1 Plastic compounding market estimates & forecast, in consumer goods, 2014 - 2025
                   5.7 Industrial machinery
                       5.7.1 Plastic compounding market estimates & forecast, in industrial machinery, 2014 - 2025
                   5.8 Medical devices
                       5.8.1 Plastic compounding market estimates & forecast, in medical devices, 2014 - 2025
                   5.9 Optical media
                       5.9.1 Plastic compounding market estimates & forecast, in optical media, 2014 - 2025
                   5.10 Appliances/white goods
                       5.10.1 Plastic compounding market estimates & forecast, in appliances/white goods, 2014 - 2025
                   5.11 Others
                       5.11.1 Plastic compounding market estimates & forecast, in other applications, 2014 - 2025

Chapter 6 Europe Plastic Compounding Market: Regional Estimates & Trend Analysis
                   6.1 Regional market introduction, 2017 & 2025
                   6.2 Europe
                       6.2.1 Europe plastic compounding market estimates & forecast, 2014 - 2025
                       6.2.2 Europe plastic compounding market estimates & forecast, by product, 2014 - 2025
                       6.2.3 Europe plastic compounding market estimates & forecast, by application, 2014 - 2025
                   6.3 Germany
                       6.3.1 Germany plastic compounding market estimates & forecast, 2014 - 2025
                       6.3.2 Germany plastic compounding market estimates & forecast, by product, 2014 - 2025
                       6.3.3 Germany plastic compounding market estimates & forecast, by application, 2014 - 2025
                   6.4 U.K.
                       6.4.1 U.K. plastic compounding market estimates & forecast, 2014 - 2025
                       6.4.2 U.K. plastic compounding market estimates & forecast, by product, 2014 - 2025
                       6.4.3 U.K. plastic compounding market estimates & forecast, by application, 2014 - 2025
                   6.5 France
                       6.5.1 France plastic compounding market estimates & forecast, 2014 - 2025
                       6.5.2 France plastic compounding market estimates & forecast, by product, 2014 - 2025
                       6.5.3 France plastic compounding market estimates & forecast, by application, 2014 - 2025
                   6.6 Austria
                       6.6.1 Austria plastic compounding market estimates & forecast, 2014 - 2025
                       6.6.2 Austria plastic compounding market estimates & forecast, by product, 2014 - 2025
                       6.6.3 Austria plastic compounding market estimates & forecast, by application, 2014 - 2025
                   6.7 Switzerland
                       6.7.1 Switzerland plastic compounding market estimates & forecast, 2014 - 2025
                       6.7.2 Switzerland plastic compounding market estimates & forecast, by product, 2014 - 2025
                       6.7.3 Switzerland plastic compounding market estimates & forecast, by application, 2014 - 2025
                   6.8 Czech Republic
                       6.8.1 Czech Republic plastic compounding market estimates & forecast, 2014 - 2025
                       6.8.2 Czech Republic plastic compounding market estimates & forecast, by product, 2014 - 2025
                       6.8.3 Czech Republic plastic compounding market estimates & forecast, by application, 2014 - 2025
                   6.9 Hungary
                       6.9.1 Hungary plastic compounding market estimates & forecast, 2014 - 2025
                       6.9.2 Hungary plastic compounding market estimates & forecast, by product, 2014 - 2025
                       6.9.3 Hungary plastic compounding market estimates & forecast, by application, 2014 - 2025

Chapter 7 Competitive Landscape
                   7.1 Europe plastic compounding company heat map analysis, 2017
                   7.2 Europe plastic compounding company heat map analysis
                   7.3 Vendor landscape
                   7.4 Competitive environment
                   7.5 Strategy framework

Chapter 8 Company Profiles
                   8.1 BASF SE
                       8.1.1 Company Overview
                       8.1.2 Financial Performance
                       8.1.3 Product Benchmarking
                       8.1.4 Strategic Initiatives
                   8.2 The Dow Chemical Company
                       8.2.1 Company Overview
                       8.2.2 Financial Performance
                       8.2.3 Product Benchmarking
                       8.2.4 Strategic Initiative
                   8.3 SABIC
                       8.3.1 Company Overview
                       8.3.2 Financial Performance
                       8.3.3 Product Benchmarking
                       8.3.4 Strategic Initiatives
                   8.4 LyondellBasell Industries, N.V.
                       8.4.1 Company Overview
                       8.4.2 Financial Performance
                       8.4.3 Product Benchmarking
                       8.4.4 Strategic Initiatives
                   8.5 Dyneon GmbH
                       8.5.1 Company Overview
                       8.5.2 Financial Performance
                       8.5.3 Product Benchmarking
                   8.6 Asahi Kasei Plastics
                       8.6.1 Company Overview
                       8.6.2 Financial Performance
                       8.6.3 Product Benchmarking
                       8.6.4 Strategic Initiative
                   8.7 Covestro (Bayer Material Science)
                       8.7.1 Company Overview
                       8.7.2 Financial Performance
                       8.7.3 Product Benchmarking
                       8.7.4 Strategic Initiative
                   8.8 Eurostar Engineering Plastics
                       8.8.1 Company Overview
                       8.8.2 Financial Performance
                       8.8.3 Product Benchmarking
                       8.8.4 Strategic Initiative
                   8.9 Lanxess
                       8.9.1 Company Overview
                       8.9.2 Financial Performance
                       8.9.3 Product Benchmarking
                       8.9.4 Strategic Initiative
                   8.10 Solvay
                       8.10.1 Company Overview
                       8.10.2 Financial Performance
                       8.10.3 Product Benchmarking
                       8.10.4 Strategic Initiative
                   8.11 PolyOne
                       8.11.1 Company Overview
                       8.11.2 Financial Performance
                       8.11.3 Product Benchmarking
                       8.11.4 Strategic Initiative
                   8.12 Ensinger
                       8.12.1 Company Overview
                       8.12.2 Financial Performance
                       8.12.3 Product Benchmarking
                       8.12.4 Strategic Initiatives
                   8.13 Akkro Plastic
                       8.13.1 Company Overview
                       8.13.2 Financial Performance
                       8.13.3 Product Benchmarking
                   8.14 Technocompound
                       8.14.1 Company Overview
                       8.14.2 Financial Performance
                       8.14.3 Product Benchmarking
                   8.15 RTP Company
                       8.15.1 Company Over
                       8.15.2 Financial Performance
                       8.15.3 Product Benchmarking
                       8.15.4 Strategic Initiative
                   8.16 PCW GmbH
                       8.16.1 Company Overview
                       8.16.2 Financial Performance
                       8.16.3 Product Benchmarking
                   8.17 Ria Polymers 114
                       8.17.1 Company Overview
                       8.17.2 Financial Performance
                       8.17.3 Product Benchmarking
                   8.18 Ravago
                       8.18.1 Company Overview
                       8.18.2 Financial Performance
                       8.18.3 Product Benchmarking
                       8.18.4 Strategic Initiative
                   8.19 Washington Penn Plastics Company
                       8.19.1 Company Overview
                       8.19.2 Financial Performance
                       8.19.3 Product Benchmarking
                   8.20 Celanese
                       8.20.1 Company Overview
                       8.20.2 Financial Performance
                       8.20.3 Product Benchmarking
                       8.20.4 Strategic Initiative
                   8.21 Borealis
                       8.21.1 Company Overview
                       8.21.2 Financial Performance
                       8.21.3 Product Benchmarking
                       8.21.4 Strategic Initiative

List of Tables

TABLE 1 Key regulations & their impact on European plastic compounding industry
TABLE 2 Polyethylene market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 3 Polypropylene market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 4 TPV market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 5 TPO market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 6 PVC market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 7 Polystyrene market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 8 PET market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 9 PBT market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 10 PA market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 11 PC market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 12 ABS market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 13 Other plastic compounds market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 14 Plastic compounding market estimates & forecast, in automotive, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 15 Plastic compounding market estimates & forecast, in construction, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 16 Plastic compounding market estimates & forecast, in electrical & electronics, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 17 Plastic compounding market estimates & forecast, in packaging, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 18 Plastic compounding market estimates & forecast, in consumer goods, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 19 Plastic compounding market estimates & forecast, in industrial machinery, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 20 Plastic compounding market estimates & forecast, in medical devices, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 21 Plastic compounding market estimates & forecast, in optical media, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 22 Plastic compounding market estimates & forecast, in appliances/white goods, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 23 Plastic compounding market estimates & forecast, in other applications, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 24 Europe plastic compounding market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 25 Europe plastic compounding market volume, by product, 2014 - 2025 (Kilo Tons)
TABLE 26 Europe plastic compounding market revenue, by product, 2014 - 2025 (USD Million)
TABLE 27 Europe plastic compounding market volume, by application, 2014 - 2025 (Kilo Tons)
TABLE 28 Europe plastic compounding market revenue, by application, 2014 - 2025 (USD Million)
TABLE 29 Germany plastic compounding market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 30 Germany plastic compounding market volume, by product, 2014 - 2025 (Kilo Tons)
TABLE 31 Germany plastic compounding market revenue, by product, 2014 - 2025 (USD Million)
TABLE 32 Germany plastic compounding market volume, by application, 2014 - 2025 (Kilo Tons)
TABLE 33 Germany plastic compounding market revenue, by application, 2014 - 2025 (USD Million)
TABLE 34 U.K. plastic compounding market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 35 U.K. plastic compounding market volume, by product, 2014 - 2025 (Kilo Tons)
TABLE 36 U.K. plastic compounding market revenue, by product, 2014 - 2025 (USD Million)
TABLE 37 U.K. plastic compounding market volume, by application, 2014 - 2025 (Kilo Tons)
TABLE 38 U.K. plastic compounding market revenue, by application, 2014 - 2025 (USD Million)
TABLE 39 France plastic compounding market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 40 France plastic compounding market volume, by product, 2014 - 2025 (Kilo Tons)
TABLE 41 France plastic compounding market revenue, by product, 2014 - 2025 (USD Million)
TABLE 42 France plastic compounding market volume, by application, 2014 - 2025 (Kilo Tons)
TABLE 43 France plastic compounding market revenue, by application, 2014 - 2025 (USD Million)
TABLE 44 Austria plastic compounding market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 45 Austria plastic compounding market volume, by product, 2014 - 2025 (Kilo Tons)
TABLE 46 Austria plastic compounding market revenue, by product, 2014 - 2025 (USD Million)
TABLE 47 Austria plastic compounding market volume, by application, 2014 - 2025 (Kilo Tons)
TABLE 48 Austria plastic compounding market revenue, by application, 2014 - 2025 (USD Million)
TABLE 49 Switzerland plastic compounding market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 50 Switzerland plastic compounding market volume, by product, 2014 - 2025 (Kilo Tons)
TABLE 51 Switzerland plastic compounding market revenue, by product, 2014 - 2025 (USD Million)
TABLE 52 Switzerland plastic compounding market volume, by application, 2014 - 2025 (Kilo Tons)
TABLE 53 Switzerland plastic compounding market revenue, by application, 2014 - 2025 (USD Million)
TABLE 54 Czech Republic plastic compounding market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 55 Czech Republic plastic compounding market volume, by product, 2014 - 2025 (Kilo Tons)
TABLE 56 Czech Republic plastic compounding market revenue, by product, 2014 - 2025 (USD Million)
TABLE 57 Czech Republic plastic compounding market volume, by application, 2014 - 2025 (Kilo Tons)
TABLE 58 Czech Republic plastic compounding market revenue, by application, 2014 - 2025 (USD Million)
TABLE 59 Hungary plastic compounding market estimates & forecast, 2014 - 2025 (Kilo Tons) (USD Million)
TABLE 60 Hungary plastic compounding market volume, by product, 2014 - 2025 (Kilo Tons)
TABLE 61 Hungary plastic compounding market revenue, by product, 2014 - 2025 (USD Million)
TABLE 62 Hungary plastic compounding market volume, by application, 2014 - 2025 (Kilo Tons)
TABLE 63 Hungary plastic compounding market revenue, by application, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Europe plastic compounding market snapshot
FIG. 2 Europe plastic compounding market segmentation
FIG. 3 Europe plastic compounding market estimates and forecast, 2014 - 2025, (Kilo Tons) (USD Million)
FIG. 4 Europe plastic compounding value chain analysis
FIG. 5 Europe plastic compounding - Market driver analysis
FIG. 6 Passenger car production in Europe, (2014 - 2017)
FIG. 7 Europe plastic compounding - Market restraint analysis
FIG. 8 Average annual oil prices for OPEC crude oils from 2010 to 2018 (USD per barrel)
FIG. 9 Key opportunities prioritized
FIG. 10 Countries with landfill ban achieves higher recycling rates
FIG. 11 Industry Analysis - Porter's analysis
FIG. 12 Europe plastic compounding PESTEL analysis
FIG. 13 Europe plastic compounding market volume by product, 2017 & 2025
FIG. 14 Europe plastic compounding market volume by application, 2017 & 2025
FIG. 15 Europe plastic compounding market volume by region, 2017 & 2025