The Colombia plastic market size reached around USD 5.00 Billion in 2025. The market is projected to grow at a CAGR of 3.40% between 2026 and 2035 to reach nearly USD 6.99 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
3.4%
Value in USD Billion
2026-2035
*this image is indicative*
Plastic refers to a synthetically processed material made from various organic polymers that can be moulded into objects of different shapes and sizes while soft and set into an elastic or rigid form. Typically, plastics have long carbon chains enabling them to deform without breaking. The polymer used to manufacture plastic is mixed with additives, colourants, plasticisers, and stabilisers, among other quality enhancing products.
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The EMR’s report titled “Colombia Plastic Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Application
Market Breakup by End Use
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The polyurethane (PU) segment, based on product, accounts for a growing share of the Colombia plastic market. Polyurethane is used in the manufacturing of numerous automotive components including high-resilience foam settings, foam insulation panels, suspension insulators, and plastic cable sheets, among others. These components are likely to witness a heightened demand amidst the increasing efforts by companies to boost the production of auto parts in Colombia. Meanwhile, the polyethylene terephthalate (PET) segment is likely to witness a steady growth in the forecast period, due to the increasing demand for PET bottles, fuelled by the rising demand from packaged beverage sector.
BASF SE is one of the largest chemical manufacturers across the world which produces high-quality polymers, plastic additives, rubber additives, and polyamides and intermediates. The company was founded in 1865 and is headquartered in Ludwigshafen, Germany.
Evonik Industries AG is a leading specialty chemicals company offering diverse products, such as adhesive and sealants, batteries, automotive components, ceramics, dental products, food, feed, and electronic equipment, catering to the demands of various end use sectors. It was established in 2007 and is headquartered in Nordrhein-Westfalen, Germany.
Formosa Plastics Corporation is a renowned chemicals corporation offering a full line of plastic products such as polyvinyl chloride, polyethylene, polypropylene resins, caustic soda, among various types of petrochemicals. The company was founded in 1954 and is headquartered in Kaohsiung, Taiwan.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Dow Chemical Company, LyondellBasell Industries Holdings B.V., ESENTTIA S.A., and Enka de Colombia SA, among others.
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In 2025, the market reached an approximate value of USD 5.00 Billion.
The market is projected to grow at a CAGR of 3.40% between 2026 and 2035.
The market is estimated to witness healthy growth in the forecast period of 2026-2035 to reach a value of around USD 6.99 Billion by 2035.
The increasing application of plastic components in packaging, agriculture, and packaging, among other sectors, expansion of key players in the country, and focus of government on a circular economy for plastic are the major drivers of the market.
The key trends in the market include the rising preference for bioplastics, advancements in production capabilities for plastics, and heightening demand for medical-grade plastics.
Polyethylene (PE), polypropylene (PP), polyurethane (PU), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyrene (PS), acrylonitrile butadiene styrene (ABS), polybutylene terephthalate (PBT), polycarbonate (PC), and bioplastics, among others, are the different plastic products in the market.
Injection moulding, blow moulding, roto moulding, compression moulding, casting, thermoforming, extrusion, and calendering, among others, are the major applications of the plastics market in Colombia.
BASF SE, Evonik Industries AG, Formosa Plastics Corporation, Dow Chemical Company, LyondellBasell Industries Holdings B.V., ESENTTIA S.A., and Enka de Colombia SA, among others, are the key players of the Colombia plastic market, according to the report.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| 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 |
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| Breakup by Application |
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| Breakup by End Use |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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