The market is dominated by foreign suppliers, as imports account for 65.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. The UK has the fifth largest market size for plastic in primary forms and synthetic rubber regionally, with demand reaching USD15.3 billion in 2022. Lucite International Group Holdings Ltd is the largest company in the UK, generating 5.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 18.0% of total production value in 2022. The total number of companies decreases in 2022, to 1,039 units. The costs of the industry increase by 4.4% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 14.8% of production value in 2022, the ninth highest regionally. The industry’s exports share increases in 2022 to 59.6% of total production output. With production value of USD10.3 billion, the UK accounts for 8.4% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Plastic in Primary Forms and Synthetic Rubber in the United Kingdom: 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 United Kingdom: ISIC 2413 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.See All of Our Definitions
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