Plastic Market (Updated Version Available)

Plastics Market Overview

Plastics market size was worth USD 510.4 Billion in 2022, witnessing a CAGR of 4.5% during the forecast period (2022-2030), and the market is expected to hit a valuation of around USD 725.8 Billion by 2030.

Plastics are a group of materials made from long chains of molecules called polymers. They can be made from natural or synthetic sources, and they have a wide range of properties that make them useful for many different applications.

Report Attributes	Report Details
Study Timeline	2018-2030
Market Size in 2030 (USD Billion)	725.8 Billion
CAGR (2022-2030)	4.5%
By Type	Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Acrylonitrile Butadiene Styrene (ABS), Polyamide (PA),Polycarbonate (PC), Polyurethane (PU), Polystyrene (PS)
By End-use Industry	Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceuticals, Electrical & Electronics, Textile, Others
By Geography	Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru]
Key Players	Eastman Chemical Company; Chevron Phillips Chemical Co. LLC; Lotte Chemical Corporation; Exxon Mobil Corporation; Formosa Plastic Corporation; Covestro AG; Toray Industries, Inc.; Mitsui & Co. Plastic Ltd., BASF SE; SABIC; Dow Inc; DuPont de Nemours Inc.; Evonik Industries; Sumitomo Chemical Co., Ltd.; Arkema; Celanese Corporation

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We have conducted a 360-degree analysis of the Plastics market. Approaches for both primary and secondary research. As a result, we were better able to comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, customer behaviours, and other factors. Primary research was used to further validate the findings with industry professionals and opinion leaders from other nations. Through a variety of market estimation and data validation procedures, the data is further collated and validated. Additionally, we have a model for internally generated data that forecasts market growth until 2030.

Plastics Market Segmentation Analysis:-



By Type:

• Polyethylene (PE)
• Polypropylene (PP)
• Polyethylene Terephthalate (PET)
• Polyvinyl Chloride (PVC)
• Acrylonitrile Butadiene Styrene (ABS)
• Polyamide (PA)
• Polycarbonate (PC)
• Polyurethane (PU)
• Polystyrene (PS)
• Others

By End Use:

• Packaging
• Automotive & Transportation
• Infrastructure & Construction
• Consumer Goods/Lifestyle
• Healthcare & Pharmaceuticals
• Electrical & Electronics
• Textile
• Others

Global Plastics Market Competitive Landscape:

The market research report on the Plastics market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players and the macroeconomic indicators influencing the value chain of businesses provide a complete outlook of market circumstances. Thus, mentioned are the major industry players that make up the consolidated market concentrationâ€\"

• Eastman Chemical Company
• Chevron Phillips Chemical Co. LLC
• Lotte Chemical Corporation
• Exxon Mobil Corporation
• Formosa Plastic Corporation
• Covestro AG; Toray Industries, Inc.
• Mitsui & Co. Plastic Ltd.
• BASF SE
• SABIC Dow Inc
• DuPont de Nemours Inc.
• Evonik Industries
• Sumitomo Chemical Co., Ltd.
• Arkema
• Celanese Corporation.

With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and an all-encompassing picture of the market conditions in the projected period, the Plastics Market Research Report keeps a close eye on the leading competitors. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.

Overview of the market for Plastics by region:



The market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa based on region (MEA). The North American continent is further divided into nations like the United States and Canada. Europe is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. China, Japan, South Korea, India, Australia, South East Asia, and the rest of Asia Pacific make up the subregion of Asia Pacific. The MEA region is further separated into GCC, Turkey, South Africa, and Rest of MEA. The Latin America region is further divided into Brazil, Mexico, and Rest of Latin America.