Europe Molded Plastics Market Segmentation, By Product Type (Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene (PE), Polyurethane (PU), Polyamide (Nylon), Polystyrene (PS), Polyethylene Terephthalate, Polycarbonate (PC), Others), Technology (Injection Molding, Extrusion Molding, Blow Molding, Rotational Molding, Thermoforming, Others), Distribution Channel (Direct Sales/B2B, Distributor/Third Party Distribution, Others), End-User (Packaging, Building Construction, Automotive & Transportation, Electronics & Electricals, Agriculture, Sports Equipment, Medical, Others) - Industry Trends and Forecast to 2031.
Europe Molded Plastics Market Size
Europe molded plastics market size was valued at USD 790.95 million in 2023 and is projected to reach USD 1,186.52 million by 2031, with a CAGR of 5.2% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
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Attributes
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Molded Plastics Key Market Insights
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Segmentation
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By Product Type: Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene (PE), Polyurethane (PU), Polyamide (Nylon), Polystyrene (PS), Polyethylene Terephthalate, Polycarbonate (PC), Others
By Technology: Injection Molding, Extrusion Molding, Blow Molding, Rotational Molding, Thermoforming, Others
By Distribution Channel: Direct Sales/B2B, Distributor/Third Party Distribution, Others
By End-User: Packaging, Building Construction, Automotive & Transportation, Electronics & Electricals, Agriculture, Sports Equipment, Medical, Others
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Countries Covered
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Germany, U.K., France, Italy, Russia, Spain, Switzerland, Belgium, Netherlands, Turkey, Rest of Europe
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Key Market Players
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Exxon Mobil Corporation, LyondellBasell Industries Holdings B.V., DuPont, SABIC, Solvay, Eastman Chemical Company, Chevron Phillips Chemical Company, BASF SE, The Chemours Company, Westlake Chemical Corporation, SIBUR, LANXESS, Versalis S.p.A., INEOS, Indorama Corporation
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Europe Molded Plastics Market Dynamics
Increasing demand of lightweight materials is a driving factor for the market growth. Growing demand of packaging to support food and FMCG industry and increased use of molded plastics help crop production and improve food quality which drives the market growth. Plastics have the maximum life-span possible and are disposed of properly at the end of their life with minimal damage to the environment as well molded plastic helps in growth crop production and improve food quality which will boost the Europe molded plastics market. Fluctuation in raw material prices will act as the restraint for the Europe molded plastics market.
Micro-plastics are of special interest to different types of plastic litters because of harmful impacts on coastal and agricultural habitats, aquatic organisms, wildlife or potentially human well-being. Its scale is low, promotes the ingestion and bio-accumulation of animals, which induces the physical results of the composite chemical mixture such as decreased nutrition, or toxic effects.
This molded plastics market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Molded Plastics Market Scope
Europe molded plastics market is segmented on the basis of product type, technology, distribution channel and end-user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Product Type
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
- Polyethylene (PE)
- Polyurethane (PU)
- Polyamide (Nylon)
- Polystyrene (PS)
- Polyethylene Terephthalate
- Polycarbonate (PC)
- Others
Technology
- Injection Molding
- Extrusion Molding
- Blow Molding
- Rotational Molding
- Thermoforming
- Others
Distribution channel
- Direct Sales/B2B
- Distributor/Third Party Distribution
- Others
End-user
- Packaging
- Building Construction
- Automotive & Transportation
- Electronics & Electricals
- Agriculture
- Sports Equipment
- Medical
- Others
Molded Plastics Market Regional Analysis
Molded plastics market is analyzed and market size information is provided by country, product type, technology, distribution channel and end-user as referenced above.
The countries covered in the Europe molded plastics market report are Germany, U.K., France, Italy, Russia, Spain, Switzerland, Belgium, Netherlands, Turkey, and rest of Europe.
Germany dominates the molded plastics market as it is the leader in molded plastics manufacturing and major leaders are generating revenue from Germany due to increase in the application of molded plastics in different industries. Germany is expected to grow with the highest growth rate in the forecast period of 2020 to 2027 because of increasing demand of lightweight materials in the automotive sector in the country. Italy has positive instances of commercial collaborations between suppliers and recyclers (such as in the car sector) demonstrating that the problems of supply and efficiency can be resolved by having the requisite investments. While, in France, pest control is a crucial feature of sustaining crop yields.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of European brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Molded Plastics Market Share
Europe molded plastics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to molded plastics market.
Molded Plastics Market Leaders Operating in the Market Are:
- Exxon Mobil Corporation
- LyondellBasell Industries Holdings B.V.
- DuPont
- SABIC
- Solvay
- Eastman Chemical Company
- Chevron Phillips Chemical Company
- BASF SE
- The Chemours Company
- Westlake Chemical Corporation
- SIBUR
- LANXESS
- Versalis S.p.A.
- INEOS
- Indorama Corporation
Latest Developments in Molded Plastics Market
- In March 2020, BASF SE announces the advancement of its extended polypropylene foam (EPP) Neopolen product line. The new Neopolen P 9235 + content provides improved surface characteristics, 20% deepening of color printing and an enhanced fabrication filling efficiency relative to existing grades. The new grade has chemicals and oil resistant, thermally insulated and with a low intake of water. The fragments of foam are accessible as packaging or loose stock.
- In February 2020, SABIC introduces at MD&M West 2020 New LNP ELCRES CRX Pc copolymers that can withstand stress cracking in systems subjected to intense healthcare disinfectants our latest LNP ELCRES CRX copolymers give product manufacturers a simpler, drop-in solution to traditional resins that encounter difficulties in the face of constant cleaning with incredibly harsh disinfectants. With this launch, the company increases its market share and company revenue.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for molded plastics through expanded model range.
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