The UK plastics market will see a considerable growth of 2.3% during the forecast period. The UK is one of the advancing economies in the European plastics industry, backed by several growth factors, including the well-established end-use industry of plastics in the country.
Browse the full report description UK Plastics Market Size, Share & Trends Analysis Report by Material (Thermosets and Thermoplastics) and by Application (Packaging, Building & Construction, Automotive, Electrical & Electronics, Household, Leisure & Sports, Agriculture, and Others), Forecast 2020-2026 at https://www.omrglobal.com/industry-reports/uk-plastics-market
The UK is considered a major hub for automotive with companies such as Aston Martin, Bentley, Caterham Cars, Jaguar, Land Rovers, and many more. These companies in the UK are best known for their premium and sports car marques across the globe. Likewise, the packaging market is increasing at the same time. This is due to the rise in the e-commerce sector in the country.
Realizing these factors, the market players are expanding their base in the UK plastics industry, with the adoption of several strategies, such as product launch, partnership & collaboration, acquisition, geographical expansion, and others. INEOS Group, a UK-based chemical company, is expanding the range of its UPR to gain a potential share in the plastics market.
For instance, in February 2020, INEOS launched a new low-profile resin, Aropol LP 67400, designed for recreational marine and vehicle markets in North America. It features low shrink and superior cosmetics while providing robust processing and high strength capabilities, which is required by recreational vehicle manufacturers and boat builders.
Market Coverage
|
Report Elements |
Details |
|
Study Period |
2019-2026 |
|
Base year |
2019 |
|
Forecast period |
2020-2026 |
|
Segments Covered |
By Material and By Application |
|
Key Companies Profiled |
BASF SE, Saudi Basic
Industries Corp. (SABIC), INEOS AG, Solvay SA, and Koniklinkje DSM N.V. |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID-19
o Most affected segment
o Recommendations
UK Plastics Market – Segmentation
By Type
o Polyethylene (PE)
o Polypropylene (PP)
o Polystyrene (PS)
o Polyvinylchloride (PVC)
o Polyethylene Terephthalate (PET)
o Others
o Polyurethane (PUR)
o Epoxy Resins
o Phenolic Resins
o Acrylic Resins
o Others
By Application
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