Sale

Plastic Market

Global Plastic Market Size, Share, Growth, Industry, Forecast: By Product: Polyethylene (PE), Polypropylene (PP), Polyurethane (PU), Polyvinyl chloride (PVC), Polyethylene terephthalate (PET), Polystyrene (PS), Others; By Application; By End Use; Regional Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032

Global Plastic Market Outlook

The global plastic market size attained a value of approximately USD 559.38 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.2%, reaching a value of around USD 811.85 billion by 2032.

 

Increasing consumerism culture worldwide is surging the demand for plastics in a wide range of applications. The versatility of plastics and wide variety of plastics available are driving the growth of the plastic market. Use of plastic in consumer goods and electrical and electronics is on the rise, with increasing incorporation of polyvinyl chloride in in the manufacturing of electrical wiring, light fittings, switches, and handles. The growth of the e-commerce sector is also catalysing the market for plastics, by accelerating the demand for light and efficient packaging of consumer goods to facilitate domestic and international shipping.  Development of more eco-friendly plastics and means of recycling are anticipated to aid the market for plastic in the coming years.

 

Plastic Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Rising Use of Plastics in Packaging is Augmenting the Plastic Market

The increasing production activities in various industries such as construction, transportation, and textile, among others, owing to the rising population, are fuelling the plastic market. The increasing construction activities in emerging economies, due to the population rise and rapid urbanisation is further catalysing the growth of global market for plastics. In the construction sector, plastics are used in various applications, including decoration, flooring, and waterproofing, among others. Plastic is durable, cost-effective, safe, and energy effective; these properties also contributing to the expansion of market.

 

Plastics are suited for use in the packaging industry due to their durability and cost-effectiveness. In this regard, the thriving packaging sector, supported by the escalating sale of consumables and drinkables, is providing impetus to the plastic market. Innovations in plastics are increasing their demand from various industries, including food and beverage, healthcare and pharmaceuticals, and cosmetics, among others. Modified atmosphere packaging in the food and beverage industry preserves food freshness and extends the product’s shelf life. In cosmetics, plastic offers lightweight, durable, and attractive packaging solutions. The varying types of plastics and their unique properties increase their usage in consumer goods, which is further augmenting the growth of the market for plastics.

 

Plastic: Market Segmentation

Plastics are a wide range of synthetic and semi-synthetic materials that contain carbon and hydrogen. Polymers used to create plastics are mixed with additives, such as colourants, stabilisers, and fillers, which affects the chemical and physical properties. Plastics are used in a wide range of applications and in almost every industry, such as construction, textile, healthcare, transportation, and electronics, among others.

 

plastic market by segmentation

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on product, the market is segmented into:

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyurethane (PU)
  • Polyvinyl chloride (PVC)
  • Polyethylene terephthalate (PET)
  • Polystyrene (PS)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polybutylene Terephthalate (PBT)
  • Polycarbonate (PC)
  • Others

 

On the basis of application, the market is classified into:

  • Injection Moulding
  • Blow Moulding
  • Roto Moulding
  • Compression Moulding
  • Casting
  • Thermoforming
  • Extrusion
  • Calendering
  • Others

 

Based on end use, the market is divided into:

  • Packaging
  • Construction
  • Electrical and Electronics
  • Automotive
  • Medical Devices
  • Agriculture
  • Furniture and Bedding
  • Consumer Goods
  • Utility
  • Others

 

The EMR report looks into the regional markets of plastic like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Use of Plastics as Metal Substitute to Bolster the Growth of the Plastic Market

The substitution of metal such as aluminium and iron with plastics is facilitating the market growth. Advanced and cost-effective plastics are increasingly used in all types of industries owing to the high strength, superior flexibility, and consistent reliability while reducing the cost by 20-25%, which is further enlarging the market for plastic. Moreover, with the use of specialised design techniques, plastics with better physical and chemical properties than metal can be developed; this is expected to lead to a transition from metals to plastics in the chemical industry, which is expected to augment the global plastic market. As plastics are extremely lightweight, they are used in a variety of transportation activities, including glazing, partitions, light diffusers, and headliners, while improving the fuel economy, consequently invigorating the market growth.

 

Rising demand for medical personal protective equipment owing to the increasing awareness of the need to protect against infectious diseases is aiding the growth of the market for plastics. The demand for masks, face shields, gowns, goggles, gloves, and overalls, among others, is escalating exponentially, leading to the expansion of plastic market.

 

However, excessive use of plastics has led to the accumulation of plastic waste around the globe, which can hinder the growth of the plastic. Accordingly, various innovations and evolutions in the market are aiming at promoting the sustainability and recyclability of plastic. Development of recycling applications such as use of plastics in the construction of roads for reduced construction time and low maintenance are propelling the market growth of plastic. The increasing use of recyclable plastics in beauty packaging is providing further impetus to the market growth.

 

plastic market by region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Key Players in the Global Plastic Market

The report presents a detailed analysis of the following key players in the global plastic market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

 

  • BASF SE
  • Evonik Industries AG
  • Sumitomo Chemical Co., Ltd.
  • Lyondellbasell Industries Holdings B.V.
  • Eastman Chemical Company
  • Saudi Basic Industries Corporation
  • The Dow Chemical Company
  • Celanese Corporation
  • LOTTE Chemical Corporation
  • Exxon Mobil Corporation
  • DuPont de Nemours, Inc.
  • Toray Industries, Inc
  • INEOS Limited
  • Ducor Petrochemicals B.V
  • Repsol S.A.
  • Others

 

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • End Use
  • Region
Breakup by Product
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyurethane (PU)
  • Polyvinyl chloride (PVC)
  • Polyethylene terephthalate (PET)
  • Polystyrene (PS)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polybutylene Terephthalate (PBT)
  • Polycarbonate (PC)
  • Others
Breakup by Application
  • Injection Moulding
  • Blow Moulding
  • Roto Moulding
  • Compression Moulding
  • Casting
  • Thermoforming
  • Extrusion
  • Calendering
  • Others
Breakup by End Use
  • Packaging
  • Construction
  • Electrical and Electronics
  • Automotive
  • Medical Devices
  • Agriculture
  • Furniture and Bedding
  • Consumer Goods
  • Utility
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • BASF SE
  • Evonik Industries AG
  • Sumitomo Chemical Co., Ltd.
  • Lyondellbasell Industries Holdings B.V.
  • Eastman Chemical Company
  • Saudi Basic Industries Corporation
  • The Dow Chemical Company
  • Celanese Corporation
  • LOTTE Chemical Corporation
  • Exxon Mobil Corporation
  • DuPont de Nemours, Inc.
  • Toray Industries, Inc
  • INEOS Limited
  • Ducor Petrochemicals B.V
  • Repsol S.A.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Plastic Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Plastic Historical Market (2018-2023) 
    8.3    Global Plastic Market Forecast (2024-2032)
    8.4    Global Plastic Market by Product
        8.4.1    Polyethylene (PE)
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Polypropylene (PP)
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Polyurethane (PU)
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Polyvinyl chloride (PVC)
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Polyethylene terephthalate (PET)
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Polystyrene (PS)
            8.4.6.1    Historical Trend (2018-2023)
            8.4.6.2    Forecast Trend (2024-2032)
        8.4.7    Acrylonitrile Butadiene Styrene (ABS)
            8.4.7.1    Historical Trend (2018-2023)
            8.4.7.2    Forecast Trend (2024-2032)
        8.4.8    Polybutylene Terephthalate (PBT)
            8.4.8.1    Historical Trend (2018-2023)
            8.4.8.2    Forecast Trend (2024-2032)
        8.4.9    Polycarbonate (PC)
            8.4.9.1    Historical Trend (2018-2023)
            8.4.9.2    Forecast Trend (2024-2032)
        8.4.10    Others
    8.5    Global Plastic Market by Application
        8.5.1    Injection Moulding
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Blow Moulding
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Roto Moulding
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Compression Moulding
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Casting
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Thermoforming
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
        8.5.7    Extrusion
            8.5.7.1    Historical Trend (2018-2023)
            8.5.7.2    Forecast Trend (2024-2032)
        8.5.8    Calendering
            8.5.8.1    Historical Trend (2018-2023)
            8.5.8.2    Forecast Trend (2024-2032)
        8.5.9    Others
    8.6    Global Plastic Market by End Use
        8.6.1    Packaging
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Construction
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Electrical and Electronics
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Automotive
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Medical Devices
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Agriculture
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Furniture and Bedding
            8.6.7.1    Historical Trend (2018-2023)
            8.6.7.2    Forecast Trend (2024-2032)
        8.6.8    Consumer Goods
            8.6.8.1    Historical Trend (2018-2023)
            8.6.8.2    Forecast Trend (2024-2032)
        8.6.9    Utility
            8.6.9.1    Historical Trend (2018-2023)
            8.6.9.2    Forecast Trend (2024-2032)
        8.6.10    Others    
    8.7    Global Plastic Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Plastic Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Plastic  Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Plastic Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Plastic Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Plastic Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Trade Data Analysis

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Price Analysis
18    Competitive Landscape

    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    BASF SE
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Evonik Industries AG
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Sumitomo Chemical Co., Ltd.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Lyondellbasell Industries Holdings B.V.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Eastman Chemical Company
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Saudi Basic Industries Corporation
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    The Dow Chemical Company
            18.2.7.1    Company Overview
            18.2.7.2    Product Portfolio
            18.2.7.3    Demographic Reach and Achievements
            18.2.7.4    Certifications
        18.2.8    Celanese Corporation
            18.2.8.1    Company Overview
            18.2.8.2    Product Portfolio
            18.2.8.3    Demographic Reach and Achievements
            18.2.8.4    Certifications
        18.2.9    LOTTE Chemical Corporation
            18.2.9.1    Company Overview
            18.2.9.2    Product Portfolio
            18.2.9.3    Demographic Reach and Achievements
            18.2.9.4    Certifications
        18.2.10    Exxon Mobil Corporation
            18.2.10.1    Company Overview
            18.2.10.2    Product Portfolio
            18.2.10.3    Demographic Reach and Achievements
            18.2.10.4    Certifications
        18.2.11    DuPont de Nemours, Inc.
            18.2.11.1    Company Overview
            18.2.11.2    Product Portfolio
            18.2.11.3    Demographic Reach and Achievements
            18.2.11.4    Certifications
        18.2.12    Toray Industries, Inc
            18.2.12.1    Company Overview
            18.2.12.2    Product Portfolio
            18.2.12.3    Demographic Reach and Achievements
            18.2.12.4    Certifications
        18.2.13    INEOS Limited
            18.2.13.1    Company Overview
            18.2.13.2    Product Portfolio
            18.2.13.3    Demographic Reach and Achievements
            18.2.13.4    Certifications
        18.2.14    Ducor Petrochemicals B.V
            18.2.14.1    Company Overview
            18.2.14.2    Product Portfolio
            18.2.14.3    Demographic Reach and Achievements
            18.2.14.4    Certifications
        18.2.15    Repsol S.A.
            18.2.15.1    Company Overview
            18.2.15.2    Product Portfolio
            18.2.15.3    Demographic Reach and Achievements
            18.2.15.4    Certifications
        18.2.16    Others
19    Key Trends and Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Plastic Market: Key Industry Highlights, 2018 and 2032
2.    Global Plastic Historical Market: Breakup by Product (USD Billion), 2018-2023
3.    Global Plastic Market Forecast: Breakup by Product (USD Billion), 2024-2032
4.    Global Plastic Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Plastic Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Plastic Historical Market: Breakup by End Use (USD Billion), 2018-2023
7.    Global Plastic Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8.    Global Plastic Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Plastic Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Plastic Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Plastic Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Plastic Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Plastic Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Plastic Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Plastic Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Plastic Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Plastic Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Plastic Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Plastic Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Major Exporting Countries by Value
21.    Major Importing Countries by Value
22.    Major Exporting Countries by Volume
23.    Major Importing Countries by Volume
24.    Global Plastic Market Structure

Key Questions Answered in the Report

In 2023, the global market for plastic attained a value of approximately USD 559.38 billion.

The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 811.85 billion by 2032.

The major market drivers include the increasing use of plastics in the packaging and construction industries, rapid urbanisation, and changing lifestyles.

The key trends guiding the market growth include the increasing use of advanced and affordable plastics in diverse end-use sectors and the rising substitution of metals such as aluminium and iron with plastics in various applications.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The various products of plastic in the market are polyethylene (PE), polypropylene (PP), polyurethane (PU), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyrene (PS), acrylonitrile butadiene styrene (ABS), polybutylene terephthalate (PBT), and polycarbonate (PC), among others.

The significant applications of plastic are injection moulding, blow moulding, roto moulding, compression moulding, casting, thermoforming, extrusion, and calendering, among others.

The primary end uses of plastic are packaging, construction, electrical and electronics, automotive, medical devices, agriculture, furniture and bedding, consumer goods, and utility, among others.

The major players in the market are BASF SE, Evonik Industries AG, Sumitomo Chemical Co., Ltd., Lyondellbasell Industries Holdings B.V., Eastman Chemical Company, Saudi Basic Industries Corporation, The Dow Chemical Company, Celanese Corporation, LOTTE Chemical Corporation, Exxon Mobil Corporation, DuPont de Nemours, Inc., Toray Industries, Inc, INEOS Limited, Ducor Petrochemicals B.V, Repsol S.A., among others.

Analyst Review

The global plastic market attained a value of approximately USD 559.38 billion in 2023, driven by the rising use of plastics in packaging and construction industries. Aided by the growing use of plastic in the healthcare sector, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.2%. The market is projected to reach a value of around USD 811.85 billion by 2032.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the market. Based on product, the market is segmented into polyethylene (PE), polypropylene (PP), polyurethane (PU), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyrene (PS), acrylonitrile butadiene styrene (ABS), polybutylene terephthalate (PBT), and polycarbonate (PC), among others. On the basis of application, the market is divided into injection moulding, blow moulding, roto moulding, compression moulding, casting, thermoforming, extrusion, and calendering, among others. Based on end use, the market is segmented into packaging, construction, electrical and electronics, automotive, medical devices, agriculture, furniture and bedding, consumer goods, and utility, among others. The major regional markets for plastic are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BASF SE, Evonik Industries AG, Sumitomo Chemical Co., Ltd., Lyondellbasell Industries Holdings B.V., Eastman Chemical Company, Saudi Basic Industries Corporation, The Dow Chemical Company, Celanese Corporation, LOTTE Chemical Corporation, Exxon Mobil Corporation, DuPont de Nemours, Inc., Toray Industries, Inc, INEOS Limited, Ducor Petrochemicals B.V, Repsol S.A., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER