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United Kingdom Plastomers Market Size, Share, Trends: By Product Type: Ethylene Butene, Ethylene Hexene, Ethylene Octene, Ethylene Propylene, Others; By Processing Type: Blow Film Extrusion, Cast Film Extrusion, Extrusion Coating, Injection Moulding, Others; By Application: Film-based Food Packaging, Others; Competitive Landscape; 2024-2032
United Kingdom Plastomers Market Outlook
The United Kingdom plastomers market size reached approximately USD 140.24 million in 2023. The market is projected to grow at a CAGR of 4.2% between 2024 and 2032, reaching a value of around USD 204.45 million by 2032.
Key Takeaways
- Increasing collaboration between the food and beverage and adhesives industry is likely to fuel the market growth.
- Cast film extrusion is expected to dominate the United Kingdom plastomers market expansion in the coming years.
- Major market players are expanding their production capabilities to benefit from high market demand.
Plastomers are macromolecular materials which exhibit high elasticity, viscosity, and plasticity. They have a hygroscopic and non-transparent elastomeric nature, which provides them with the aesthetics of rubber while imparting their ease of processing like plastics. They exhibit high impact resistance, good compression set, and have a soft touch. Their toughness, resilience, and flexibility make them useful for a wide range of industrial applications, including packaging.
The United Kingdom plastomers market expansion is being driven by increased demand for plastomers for customised applications. This includes a rise in demand for thermoplastic olefins and thermoplastic polyurethanes, among others, which impart desired touch and feel qualities to goods without giving them any shiny plastic look. Their easy handling and usage features are also driving the market growth.
Key Trends and Developments
High use of plastomers in the adhesive and sealants industry; growing adoption of sustainable management practices; high demand for plastomers from various sectors; and rising demand for thermoplastic elastomers are the major trends impacting the United Kingdom plastomers market growth.
| Date | Company | Event |
| Mar. 15th 2023 | Adidas | Partnered with Rheon Labs to launch its new Techfit Control apparel range globally |
| Mar. 7th 2022 | Primasil Silicones Ltd. | Acquired by Minnesota Rubber and Plastics |
| Apr. 19th 2021 | Additive Manufacturing Technologies (AMT) | Received a grant of 87,000 pounds from Innovate UK |
| May 20th 2019 | ExxonMobil Corp. | Began producing Santropene at its speciality plant in Newport, Wales |
| Factor | Description |
| High use in adhesives and sealants industry | The tough and flexible nature of plastomers makes them ideal for usage in adhesives and sealants, driving the United Kingdom plastomers market development. |
| Sustainable management practices | With growing customer demand for eco-friendly solutions, key players are using renewable feedstock made from residue streams and waste to manufacture plastomers. |
| Increased demand from automotive and healthcare sector | Thermoplastic vulcanizates are widely utilised in designing vehicle interiors and IV fluid bags, among other products. |
| Rising demand for thermoplastic elastomers | The heightened degree of comfort provided by thermoplastic elastomers is prompting companies to utilise them in manufacturing toothbrushes, combs, and other medical products. |
United Kingdom Plastomers Market Trends
Over the forecast period, increasing collaborations between food and beverage industry and companies manufacturing adhesives are expected to increase significantly. Food and beverage companies require low-odour, reclosable packaging solutions for preserving the quality of commercially produced food items, which can be fulfilled by plastomers adhesives. They can also facilitate the prevention of microbial growth and moisture loss from the food, thereby preserving its taste and flavour.
Thermoplastic elastomers have wide ranging applications owing to their diverse nature. Their durability and flexibility make them an excellent choice for manufacturing extruded weather seals and mobile phone covers, among other products. They are also used in making anti-vibration mounts for industrial machinery, face masks, and syringe seals. Their UV stability and wear-resistant nature enable apparel companies to manufacture premium-grade sportswear, which is expected to drive the United Kingdom plastomers market expansion in the coming years.
Market Segmentation
“United Kingdom Plastomers Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
| Market Breakup | Categories |
| Product Type | Ethylene Butene, Ethylene Hexene, Ethylene Octene, Ethylene Propylene, Others |
| Processing Type | Blow Film Extrusion, Cast Film Extrusion, Extrusion Coating, Injection Moulding, Others |
| Application | Film-based Food Packaging, Film-based Non-Food Packaging, Stretch-film and Shrink-film Packaging, Automotive, Polymer Modification, Wires and Cables, Medical, Others |
Cast film extrusion is expected to constitute a significant part of the United Kingdom plastomers market share.
Cast film extrusion is a process in which plastic resins are melted and then wounded into rolls to obtain a wide range of plastic films in different colours and finishes. The process is used to make food packaging and different types of technical and bubble films. The products obtained from this process can be embossed, laminated, printed, and coated easily. The anticipated increase in cast film extrusion processes is likely to lead to United Kingdom plastomers market expansion in the coming years.
Injection moulding is also expected to gain popularity over the forecast period. This is because different types of plastics can be combined in the injection moulding process to produce goods with a complex geometrical design. This process results in significant cost saving for businesses and also improves the strength and versatility of produced goods.
Competitive Landscape
Major players in the United Kingdom plastomers market are collaborating to make innovative plastomers products and solutions.
| Company | Year of Incorporation/Founding | Location | Industry |
| LyondellBasell Industries Holdings B.V. | 2009 | Texas, United States | Manufacturing engineered plastics and chemical products |
| Saudi Basic Industries Corporation | 1976 | Riyadh, Saudi Arabia | Petrochemicals, specialities, and agri-nutrients sector |
| Exxon Mobil Corporation | 1992 | Texas, United States | Energy and petrochemicals sector |
| The Dow Chemical Company | 1897 | Michigan, United States | Synthetic fibres, chemicals, plastics, and agricultural products |
Other market players include Borealis AG (Pec-Rhin S.A.) and INEOS AG., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Processing Type |
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| Breakup by Application |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Europe Plastomers Market Overview
8.1 Key Industry Highlights
8.2 Europe Plastomers Historical Market (2018-2023)
8.3 Europe Plastomers Market Forecast (2024-2032)
9 United Kingdom Plastomers Market Overview
9.1 Key Industry Highlights
9.2 United Kingdom Plastomers Historical Market (2018-2023)
9.3 United Kingdom Plastomers Market Forecast (2024-2032)
10 United Kingdom Plastomers Market by Product Type
10.1 Ethylene Butene
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Ethylene Hexene
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Ethylene Octene
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Ethylene Propylene
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 United Kingdom Plastomers Market by Processing Type
11.1 Blow Film Extrusion
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Cast Film Extrusion
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Extrusion Coating
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Injection Moulding
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 United Kingdom Plastomers Market by Application
12.1 Film-based Food Packaging
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Film-based Non-food Packaging
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Stretch-film and Shrink-film Packaging
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Automotive
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Polymer Modification
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Wires and Cables
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
12.7 Medical
12.7.1 Historical Trend (2018-2023)
12.7.2 Forecast Trend (2024-2032)
12.8 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 LyondellBasell Industries Holdings B.V.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Saudi Basic Industries Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Exxon Mobil Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Borealis AG (Pec-Rhin S.A.)
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 INEOS AG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 The Dow Chemical Company
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Plastomers Market: Key Industry Highlights, 2018 and 2032
2. United Kingdom Plastomers Market: Key Industry Highlights, 2018 and 2032
3. United Kingdom Plastomers Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. United Kingdom Plastomers Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. United Kingdom Plastomers Historical Market: Breakup by Processing Type (USD Million), 2018-2023
6. United Kingdom Plastomers Market Forecast: Breakup by Processing Type (USD Million), 2024-2032
7. United Kingdom Plastomers Historical Market: Breakup by Application (USD Million), 2018-2023
8. United Kingdom Plastomers Market Forecast: Breakup by Application (USD Million), 2024-2032
9. United Kingdom Plastomers Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 140.24 million.
The market is estimated to grow at a CAGR of 4.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 204.45 million by 2032.
The market is being driven by increased demand for plastomers for customised applications and their easy usage features.
The key trends aiding the market expansion include high use in adhesive and sealants industry, sustainable management practices adopted by manufacturers, and high demand for plastomers from automotive and healthcare sector.
The major product types of plastomers include ethylene butene, ethylene hexene, ethylene octene, and ethylene propylene, among others.
The different processing types of plastomer includes blow film extrusion, cast film extrusion, extrusion coating, and injection moulding, among others.
The major players in the market are LyondellBasell Industries Holdings B.V., Saudi Basic Industries Corporation, Exxon Mobil Corporation, Borealis AG (Pec-Rhin S.A.), INEOS AG, and The Dow Chemical Company, among others.
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