Primary Form Plastics Manufacturing in Germany - Market Research Report (2014-2029)
Frankfurt, Germany
Last Updated: April 2024
WZ C20.16DERevenue
€27.7bn
Past 5-Year Growth
Profit
€X.Xbn
Employees
44,256
Businesses
183
Wages
€X.Xbn
Primary Form Plastics Manufacturing in Germany industry analysis
On the one hand, the industry is faced with the challenge that the production of mass plastics in primary moulds in Germany is barely competitive in the face of competition from cheaper foreign suppliers. On the other hand, industry players must increasingly develop market niches in the area of speciality plastics in order to stand out on international markets. However, this strategic reorientation was initially hampered by the coronavirus pandemic that broke out in 2020, which led to a significant drop in industry sales due to the crisis. Despite a significant increase in commodity prices in the years that followed, the industry continued to be heavily impacted by the economic consequences of the coronavirus crisis and the war in Ukraine. As a result, the industry's turnover fell by an average of 3.6% per year in the period from 2019 to 2024.Due to the pandemic-related drop in production volumes in the industry and a slowed recovery as a result of the economic consequences of the Ukraine conflict, demand for plastics in primary forms produced in Germany will remain under pressure in the coming years. In addition, society's environmental awareness is constantly growing, which means that the use of oil-based plastics is being increasingly scrutinised due to their poor biodegradability. This also increases the likelihood that political decision-makers will take measures against the excessive use of plastics.In the next five years, industry turnover is expected to increase by an average of 3.9% per year, reaching 33.5 billion euros in 2029. Consequences of the coronavirus pandemic and the Ukraine conflict, such as greater cost awareness among industry customers, are likely to prevent stronger growth. Nevertheless, IBISWorld expects the number of companies in the sector to increase slightly over the next few years, as more and more companies focussing on specific market niches are being founded. Such specialised activities are on average significantly more profitable than the mass market business.
Trends and Insights
- In the context of increasing environmental awareness, plastic products are often viewed critically. Plastic producers try to emphasise the positive aspects of plastic materials, such as their high efficiency as insulation material for buildings.
- Polypropylene accounts for the largest share of industry sales. The plastic is mainly used in the packaging industry and is the most widely produced plastic in Germany.
- The central region is home to the largest proportion of companies in the sector. The reasons for this are the historically evolved industrial structure and the region's central location and good infrastructure.
- Competition in the manufacture of plastics in primary moulds is very intense. Product price continues to play the most important role in competition within the industry.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 3.6 % over the past five years, to reach an estimated €27.7bn in 2024.
Trends and Insights
The Ukraine conflict is weighing on the German plastics industry
- The industry for the production of plastics in primary moulds is in a severe crisis, characterised by a significant decline in the production of plastics in primary moulds.
- Additional trends and insights available with purchase
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The German plastics industry will focus on speciality plastics in order to remain competitive
- In the coming years, the German plastics industry is expected to focus on the production of speciality plastics in order to achieve adequate profit margins despite high production costs. This is likely to be in the mid single-digit range for the next five years.
Biggest companies in the Primary Form Plastics Manufacturing in Germany
| Company | Market Share (%)
2024 | Revenue (€m)
2024 |
|---|---|---|
BASF SE | 3,380.0 | |
Ineos Styrolution Group GmbH | 1,060.0 | |
Vestolit GmbH | 600.0 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Primary Form Plastics Manufacturing in Germany
Products & Services
Industry revenue is measured across several distinct product and services lines, including Polypropylene (PP), (Linear) low-density polyethylene (PE-LD and PE-LLD) and Polyvinyl chloride (PVC). Polypropylene (PP) is the largest segment of the Primary Form Plastics Manufacturing in Germany.
Trends and Insights
Polypropylene is a chemically resistant plastic that is mainly used in the packaging industry
- Polypropylene (PP) is a thermoplastic with a high melting point, low weight and good chemical resistance.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Materials Recovery in Germany
Complementors
- There are no industries to display.
International industries
- Global Plastic Product & Packaging Manufacturing
- Plastic & Resin Manufacturing in the US
- Plastic & Resin Manufacturing in Canada
- Primary Form Plastics Manufacturing in the UK
- Basic Plastics and Synthetic Resin Manufacturing in China
Table of Contents
About this industry
Industry definition
The industry is dedicated to the production of plastics in primary forms, for example in the form of mini-pellets or pellets. The sector also includes the production of cellulose and its chemical derivatives. The production of man-made fibres and the shredding of plastics for material recovery, on the other hand, do not fall within the scope of activity of the industry players.
What's included in this industry?
Polypropylene (PP)(Linear) low-density polyethylene (PE-LD and PE-LLD)Polyvinyl chloride (PVC)Medium and high density polyethylene (PE-MD and PE-HD)Companies
BASF SEIneos Styrolution Group GmbHVestolit GmbHPurchase this report to view all 3 major companies in this industry.
Related Terms
POLYPROPYLENE (PP)POLYETHYLENE (PE)POLYVINYL CHLORIDE (PVC)INDUSTRY 4.0REZYKLATEIndustry Code
WZ 20.16 - Primary Form Plastics Manufacturing in Germany
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
In the context of increasing environmental awareness, plastic products are often viewed critically. Plastic producers try to emphasise the positive aspects of plastic materia...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Polypropylene accounts for the largest share of industry sales. The plastic is mainly used in the packaging industry and is the most widely produced plastic in Germany.
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The central region is home to the largest proportion of companies in the sector. The reasons for this are the historically evolved industrial structure and the region's centr...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Competition in the manufacture of plastics in primary moulds is very intense. Product price continues to play the most important role in competition within the industry.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Covestro Deutschland AG has the largest market share in the production of plastics in primary moulds. The company's plastics are mainly used in the automotive and constructio...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of BASF SE's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Ineos Styrolution Group GmbH's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Vestolit GmbH's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for BASF SE, and factors influencing its performance in the industry
- Description and key data for Ineos Styrolution Group GmbH, and factors influencing its performance in the industry
- Description and key data for Vestolit GmbH, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The development of production volumes is an important indicator of demand for plastics in primary moulds. Plastics in primary moulds are processed in a wide variety of produc...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The industry's profits have risen recently. The reason for this is the strong growth in industry turnover. However, the high prices for raw materials such as crude oil and na...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
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
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Germany include:
- German Federal Statistics Office (Destatis)
- European Statistics Office (Eurostat)
- United Nations Comtrade
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Primary Form Plastics Manufacturing industry in Germany in 2024?
The market size of the Primary Form Plastics Manufacturing industry in Germany is €27.7bn in 2024.
How many businesses are there in the Primary Form Plastics Manufacturing in Germany industry in 2024?
There are 183 businesses in the Primary Form Plastics Manufacturing industry in Germany, which has grown at a CAGR of 1.2 % between 2019 and 2024.
Has the Primary Form Plastics Manufacturing industry in Germany grown or declined over the past 5 years?
The market size of the Primary Form Plastics Manufacturing industry in Germany has been declining at a CAGR of 3.6 % between 2019 and 2024.
What is the forecast growth of the Primary Form Plastics Manufacturing industry in Germany over the next 5 years?
Over the next five years, the Primary Form Plastics Manufacturing industry in Germany is expected to grow.
What are the biggest companies in the Primary Form Plastics Manufacturing market in Germany?
The biggest companies operating in the Primary Form Plastics Manufacturing market in Germany are BASF SE, Ineos Styrolution Group GmbH and Vestolit GmbH
What does the Primary Form Plastics Manufacturing in Germany include?
Polypropylene (PP) and (Linear) low-density polyethylene (PE-LD and PE-LLD) are part of the Primary Form Plastics Manufacturing industry.
Which companies have the highest market share in the Primary Form Plastics Manufacturing in Germany?
The company holding the most market share in Germany is BASF SE.
How competitive is the Primary Form Plastics Manufacturing industry in Germany?
The level of competition is high and increasing in the Primary Form Plastics Manufacturing industry in Germany.
