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Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

BG-C2013 June 2024 Factsheet

Revenue

€112.2m

2019-2024 2.5 %
2024-2029 X.X %

Employees

821

2019-2024 3.7 %
2024-2029 X.X %

Businesses

22

2019-2024 11.1 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 XX.X %
2024-2029 X.X %

Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Bulgaria compared to Europe?

Country Benchmarking

Industry Data Bulgaria

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#24 In Europe
Business
#20 In Europe
Employees
#20 In Europe
Wages
#26 In Europe

The Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria ranks 24 in Europe with regards to its 2024 revenue (€112.2m). Revenue received by operators in Bulgaria has been low in volatility over the past five-year period, with the average annual change in revenue (2.5 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Primary Form Plastic & Synthetic Rubber Manufacturing industry in Bulgaria in 2024?

The market size of the Primary Form Plastic & Synthetic Rubber Manufacturing industry in Bulgaria is €112.2m in 2024. 

How many businesses are there in the Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria industry in 2024?

There are 22 businesses in the Primary Form Plastic & Synthetic Rubber Manufacturing industry in Bulgaria, which has grown at a CAGR of 11.1 % between 2019 and 2024.

Has the Primary Form Plastic & Synthetic Rubber Manufacturing industry in Bulgaria grown or declined over the past 5 years?

The market size of the Primary Form Plastic & Synthetic Rubber Manufacturing industry in Bulgaria has been declining at a CAGR of 11.1 % between 2019 and 2024. 

What is the forecast growth of the Primary Form Plastic & Synthetic Rubber Manufacturing industry in Bulgaria over the next 5 years?

Over the next five years, the Primary Form Plastic & Synthetic Rubber Manufacturing industry in Bulgaria is expected to decline.

What are the biggest companies in the Primary Form Plastic & Synthetic Rubber Manufacturing market in Bulgaria?

The biggest companies operating in the Primary Form Plastic & Synthetic Rubber Manufacturing market in Bulgaria are Covestro AG, LyondellBasell Industries Holdings NV and Borealis AG

What does the Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria include?

Polypropylene and Polyethylene are part of the Primary Form Plastic & Synthetic Rubber Manufacturing industry.

Which companies have the highest market share in the Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria?

The company holding the most market share in Bulgaria is Covestro AG.

How competitive is the Primary Form Plastic & Synthetic Rubber Manufacturing industry in Bulgaria?

The level of competition is moderate and steady in the Primary Form Plastic & Synthetic Rubber Manufacturing industry in Bulgaria.

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Table of Contents

About this industry

Industry definition

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

What's included in this industry?

PolypropylenePolyethylenePolyvinyl chloridePolyurethanesSynthetic rubberPolyester

Industry Code

ISIC 2006

2013 - Manufacture of plastics and synthetic rubber in primary forms in Bulgaria

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria
  • Employees in the Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria
  • Business in the Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria
  • Profit in the Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Plastic and synthetic rubber producers face a stringent regulatory environment. Key regulations focus on environmental impact, including the EU's waste management directives and specific hazardous substances restrictions.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Recycling has boosted profit for plastic and rubber producers. Using recycled materials lowers raw material costs and helps producers meet consumer demand for eco-friendly products.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Primary Form Plastic & Synthetic Rubber Manufacturing in Bulgaria industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.