UK thermoplastics market is expected to project a considerable CAGR during the forecast period. The UK is significantly working in the field of material and additive manufacturing, food & beverages, pharmaceutical, and cosmetics among others. A wide range of reprocessing technologies and equipment are being examined due to cohesive government regulations. Cohesive government regulations are also acting in the country. In April 2018, a new initiative, named Plastics Pact was launched in the country to reduce single-use plastic packaging by 2025. It was launched by the Waste and Resources Action Programme (WRAP) and the Ellen MacArthur Foundation. The collaboration aims to improve the plastic supply chain and its waste usage.
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The UK thermoplastics market is segmented based on type and application. Based on type, the market is broadly categorized into polyethylene (PE), polypropylene (PP), polystyrene (PS), polyvinylchloride (PVC), polyethylene terephthalate (PET), and others. Based on application, the market is segmented into packaging; building & construction; automotive; electrical & electronics; household, leisure & sports; agriculture; and others. The packaging is the major application of thermoplastics and is estimated to contribute a significant share to the market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
UK Thermoplastics Market by Type
- Polyethylene (PE)
- Polypropylene (PP)
- Polystyrene (PS)
- Polyvinylchloride (PVC)
- Polyethylene Terephthalate (PET)
- Others
UK Thermoplastics Market by Application
- Packaging
- Building & Construction
- Automotive
- Electrical & Electronics
- Household, Leisure & Sports
- Agriculture
- Others
Company Profiles
- Arkema Group
- Overview
- Arkema group in Thermoplastics Landscape
- Recent Developments
- BASF SE
- Evonik Industries AG
- INEOS AG
- Koninklijke DSM N.V.
- Saudi Basic Industries Corp. (SABIC)
- Solvay SA
The Report covers:
- Comprehensive research methodology of the UK thermoplastics market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the UK thermoplastics market.
- Insights about market determinants which are stimulating the UK thermoplastics market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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