Global Plastics Market 2022-2028

Global Plastics Market 2022-2028

Plastics are derived from natural, organic materials such as cellulose, coal, natural gas, salt and, of course, crude oil. Plastic has the capability of being molded or shaped, usually by the application of heat and pressure. This property of plasticity, often found in combination with other special properties such as low density, low electrical conductivity, transparency, and toughness, allows plastics to be made into a great variety of products. According to Gen Consulting Company, the global plastics market is projected to reach USD 697,231 million, recording a CAGR of approximately 3.6 percent from 2022 to 2028.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global plastics market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the plastics industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, molding, end user, and region. The global market for plastics can be segmented by product: polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), Polystyrene (PS), engineering plastics, high-performance plastics (HPPs), polyvinyl chloride (PVC), polyurethanes (PU), others. Plastics market is further segmented by molding: injection molding, blow molding, extrusion molding, compression molding, others. Based on end user, the plastics market is segmented into: automotive & transportation, building and construction, consumer goods and household, electrical and electronics, medical, packaging, others. On the basis of region, the plastics market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:

• polyethylene (PE)
• polypropylene (PP)
• polyethylene terephthalate (PET)
• Polystyrene (PS)
• engineering plastics
• high-performance plastics (HPPs)
• polyvinyl chloride (PVC)
• polyurethanes (PU)
• others

By molding:

• injection molding
• blow molding
• extrusion molding
• compression molding
• others

By end user:

• automotive & transportation
• building and construction
• consumer goods and household
• electrical and electronics
• medical
• packaging
• others

By region:

• Asia Pacific
• Europe
• North America
• Rest of the World (RoW)

The global plastics market report offers detailed information on several market vendors, including APK AG, BASF SE, Benvic SAS, Borealis AG, Braskem SA, Covestro AG, DAK Americas LLC, Dow Chemical Company, DuPont de Nemours, Inc., Huntsman Corporation, Indorama Ventures Public Company Limited (IVL), Ineos Group Ltd., Koninklijke DSM N.V., LyondellBasell Industries N.V., Origin Materials, Inc., Saudi Basic Industries Corporation (SABIC), Shin-Etsu Chemical Co., Ltd., Solvay S.A., Toray Industries, Inc., TotalEnergies SE, Trinseo PLC, Victrex plc, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global plastics market.
• To classify and forecast the global plastics market based on product, molding, end user, region.
• To identify drivers and challenges for the global plastics market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global plastics market.
• To identify and analyze the profile of leading players operating in the global plastics market.

Why Choose This Report

• Gain a reliable outlook of the global plastics market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.