Primary effects: The weakness of the pound has boosted export growth since the EU referendum

The industry has recorded modest performance over the past five years, as buoyant demand from downstream manufacturing and construction markets has mitigated the potentially damaging effects of input price fluctuations. Petroleum is a key input in the production process for most industry products, and therefore industry revenue and profitability are sensitive to fluctuations in the price of the commodity, which in turn is contingent on the price of crude oil. Crude oil prices have displayed a high degree of volatility over the past five years, and the effect of these fluctuations on revenue has been largely dependent on changeable demand conditions.Industry revenue is expected to increase at a compound annual rate of 2.8% over the five years through 2019-20, reaching £4.9...read more.

Industry Statistics & Market Size
Revenue
£4.9bn
Annual Growth 15-20
2.8%
Forecast Growth 20-25
Profit
Employment
10,815
Businesses
371
Market Share of Companies

Industry Threats & Opportunities

  • Challenging operating conditions have forced industry operators to absorb increased costs
  • Challenging operating conditions meant firms were forced to absorb increased costs
  • Demand from construction industries will be underpinned by residential construction
  • Industry Report - Industry Locations Chapter

    There are approximately 420 plastic manufacturing establishments in the United Kingdom, the bulk of which, are gathered around four major chemical clusters in the United Kingdom. This has influenced the location of some industry establishments. The North West is the largest chemical cluster, and combined, the four chemical clusters – the North West, the South East, East Midlands and West Midlands – are estimated to account for approximately 54.1% of establishments in the industry.The North WestThe North West is a traditional hub for manufacturing, therefore it is unsurprising that it is home to nearly the highest concentration of industry establishments, with 19.3% of operators located in the region. Acc...purchase to read more.

    Additional Insights for the Primary Form Plastics Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Primary Form Plastics Manufacturing Industry are

  • Having contracts which are favourable to purchaser
  • Upstream vertical integration (ownership links)
  • Provision of superior after sales service
  • IBISWorld analysts also discuss how external factors such as Downstream demand from manufacturing and Industrial production index in the Primary Form Plastics Manufacturing industry impact industry performance..

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    What's in this report

    What is the Primary Form Plastics Manufacturing Industry?

    This industry includes companies involved in the manufacture of resins, plastic materials and non-vulcanisable thermoplastic elastomers. It also includes companies involved in the mixing and blending of resins on a custom basis and in the manufacture of non-customised synthetic resins.

    Industry Products
  • Polyvinyl chloride
  • Acrylic polymers
  • Polyester
  • Polyurethanes
  • Polypropylene
  • Polyethylene
  • Other products
  • Industry Activities
  • polymers
  • polyamides
  • phenolic and epoxide resins and polyurethanes
  • alkyd and polyester resins and polyethers
  • silicones
  • ion-exchangers based on polymers
  • cellulose and its chemical derivatives
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream demand from manufacturing
  • Industrial production index
  • Total value of construction
  • Real effective exchange rate
  • World price of crude oil
  • Public concern over environmental issues

  • Current Performance
  • Current Performance continued
  • Volatile inputs
  • Trade influences
  • Dissolving concentration
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand trends
  • New forms of plastic
  • International trade
  • Profitability
  • Table: Primary Form Plastics Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Primary Form Plastics Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Plastic Packing Goods Manufacturing
  • Motor Vehicle Parts & Accessories Manufacturing
  • Commercial Building Construction
  • Residential Building Construction

  • Key Selling Industries
  • Inorganic Basic Chemical Manufacturing
  • Organic Basic Chemical Manufacturing
  • Petroleum Refining

  • Products & Services
  • Other products
  • Polyvinyl chloride
  • Acrylic polymers
  • Polyester
  • Polyurethanes
  • Polypropylene
  • Polyethylene
  • Chart: Primary Form Plastics Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Packaging manufacturers
  • Construction product manufacturers
  • Other
  • Transportation manufacturers
  • Electrical and electronic product manufacturers
  • Chart: Major Market Segmentation for the Primary Form Plastics Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingOther
  • Chart: Cost Structure Benchmarking – Sector vs Primary Form Plastics Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Primary Form Plastics Manufacturing Industry

  • Industry Globalization
    Basell Polyolefins UK Ltd,
  • Table: Basell Polyolefins UK Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Primary Form Plastics Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Primary Form Plastics Manufacturing Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Exports (2011-2025)
  • Imports (2011-2025)
  • Wages (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Bioplastic
  • A type of biodegradable plastic derived from biological substances rather than petroleum.
  • Polyethylene
  • A flexible synthetic resin made by polymerising ethylene.
  • Polymer
  • A chemical compound or mixture of compounds that consists essentially of repeating structural units.
  • Polypropylene
  • A thermoplastic synthetic resin that is a polymer of propylene.
  • Polyvinyl Chloride
  • A tough chemically resistant synthetic resin made by polymerising vinyl chloride.
  • Synthetic Resins
  • A large class of synthetic products that have some of the physical properties of natural resins but are different chemically and are used chiefly in plastics.
  • Thermoplastic
  • A synthetic resin that is capable of softening or fusing when heated and hardening again when cooled.
  • What Our Customers Say

    Why buy this report?

    The Primary Form Plastics Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Primary Form Plastics Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Primary Form Plastics Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Primary Form Plastics Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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