U.K. Polymer Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024

Description

The U.K. polymer market is projected to grow from $27.0 billion in 2024 to $38.1 billion by 2030, registering a compound annual growth rate (CAGR) of 5.9%. This growth is driven by the increasing demand for lightweight, high-performance materials across industries such as automotive, construction, and healthcare. The adoption of advanced technologies in polymer manufacturing and a growing focus on sustainability are also key contributors to market expansion. Furthermore, government initiatives such as the Industrial Strategy Challenge Fund (ISCF) and the Plastics Pact are fostering innovation and the development of eco-friendly polymer solutions.

Key Insights

The automotive industry is increasingly adopting lightweight polymers to improve fuel efficiency and reduce carbon emissions, driving significant demand in the market.

Biopolymers derived from renewable resources are gaining popularity due to rising environmental concerns and the push for sustainable materials.

The healthcare sector is a major end-user of advanced polymers, utilizing them in medical devices, drug delivery systems, and tissue engineering applications.

In the construction industry, polymers are extensively used for insulation, flooring, and roofing materials, contributing to energy-efficient and durable building solutions.

Government-led initiatives, including the ISCF and Plastics Pact, are promoting innovation and sustainable practices within the polymer industry.

Investments in research and development by major companies are driving the introduction of next-generation polymers with enhanced performance characteristics.

Technological advancements, such as 3D printing and automated fiber placement, are enabling precision manufacturing of polymer materials, reducing waste and improving efficiency.

The emphasis on creating sustainable polymers aligns with the U.K.'s regulatory framework and growing consumer demand for environmentally friendly products.

Industrial and societal challenges are being addressed through collaborations supported by government programs, enhancing the competitiveness of the U.K. polymer industry.

The growing construction and automotive sectors, combined with increased applications in healthcare, are creating strong growth opportunities for polymer manufacturers.

Product Code: 13139

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by resin
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Volume
- 1.5.2. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. U.K. Market

6.1. Overview
6.2. Market Volume, by Type (2019-2030)
6.3. Market Revenue, by Type (2019-2030)
6.4. Market Volume, by Resin (2019-2030)
6.5. Market Revenue, by Resin (2019-2030)
6.6. Market Volume, by Application (2019-2030)
6.7. Market Revenue, by Application (2019-2030)
6.8. Market Volume, by Country (2019-2030)
6.9. Market Revenue, by Country (2019-2030)

Chapter 7. Competitive Landscape

7.1. List of Market Players and their Offerings
7.2. Competitive Benchmarking of Key Players
7.3. Product Benchmarking of Key Players
7.4. Recent Strategic Developments

Chapter 8. Company Profiles

8.1. Covestro AG
- 8.1.1. Business overview
- 8.1.2. Product and service offerings
- 8.1.3. Key financial summary
8.2. Mitsui Chemicals Inc.
- 8.2.1. Business overview
- 8.2.2. Product and service offerings
- 8.2.3. Key financial summary
8.3. Exxon Mobil Corporation
- 8.3.1. Business overview
- 8.3.2. Product and service offerings
- 8.3.3. Key financial summary
8.4. Koninklijke DSM N.V.
- 8.4.1. Business overview
- 8.4.2. Product and service offerings
- 8.4.3. Key financial summary
8.5. BASF SE
- 8.5.1. Business overview
- 8.5.2. Product and service offerings
- 8.5.3. Key financial summary
8.6. Huntsman International LLC
- 8.6.1. Business overview
- 8.6.2. Product and service offerings
- 8.6.3. Key financial summary
8.7. CLARIANT AG
- 8.7.1. Business overview
- 8.7.2. Product and service offerings
- 8.7.3. Key financial summary
8.8. Evonik Industries AG
- 8.8.1. Business overview
- 8.8.2. Product and service offerings
- 8.8.3. Key financial summary
8.9. Dow Inc.
- 8.9.1. Business overview
- 8.9.2. Product and service offerings
- 8.9.3. Key financial summary
8.10. Eastman Chemical Company
- 8.10.1. Business overview
- 8.10.2. Product and service offerings
- 8.10.3. Key financial summary
8.11. INEOS Capital Limited
- 8.11.1. Business overview
- 8.11.2. Product and service offerings
- 8.11.3. Key financial summary
8.12. Victrex plc.
- 8.12.1. Business overview
- 8.12.2. Product and service offerings
- 8.12.3. Key financial summary

Chapter 9. Appendix

9.1. Abbreviations
9.2. Sources and References
9.3. Related Reports

U.K. Polymer Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)