The market is dominated by foreign suppliers, as imports account for 61.4% of total market size in 2020. B2B drives market demand, with B2B spending representing 100% of total demand in 2020. The UK has the fifth largest market size for plastic in primary forms and synthetic rubber in the region, with demand reaching USD12.9 billion in 2020. Basell Polyolefins UK Ltd is the largest company in the UK, generating 4.5% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 15.9% of total production value in 2020. The total number of companies increases in 2020, to 1,352 units. The costs of the industry increase by 2.1% in 2020, largely driven by rising B2B costs. The industry’s profitability increases and stands at 13.0% of production value in 2020, the second highest in the region. The industry’s exports share increases in 2020 to 56.2% of total production output. With production value of USD8.6 billion, the UK accounts for 7.9% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Plastic in Primary Forms and Synthetic Rubber in the UK: ISIC 2413. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Plastic in Primary Forms and Synthetic Rubber in the UK: ISIC 2413 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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