Plastomers Market Size, Share & Trends Analysis Report By Product (Ethylene Propylene, Ethylene Butene), By Application (Food Packaging, Non-food Packaging), By Region, And Segment Forecasts, 2024 - 2030
Plastomers Market Size & Trends
The global plastomers market size was estimated at USD 2.30 billion in 2023 and is projected to grow at a CAGR of 6.56% from 2024 to 2030. Growing demand from the packaging industry owing to the emergence of e-commerce industry in developing as well as developed countries is driving the demand for plastomers in the market.
The growing demand for flexible and lightweight packaging solutions is fueling the plastomers market. As industries such as food and beverage, personal care, and pharmaceuticals continue to evolve, there is an increasing need for packaging materials that offer enhanced durability, sealability, and ease of processing. Plastomers, with their unique properties of flexibility, low density, and high impact resistance, are becoming the material of choice for manufacturers aiming to meet consumer preferences for convenient and sustainable packaging. Moreover, the rise of e-commerce has further fueled this demand, as packaging must be both protective and lightweight to reduce shipping costs and environmental impact.
Global Plastomers Market Report Segmentation
This report forecasts revenue & volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global plastomers market report based on product, application, and region:
Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Ethylene Propylene
Ethylene Butene
Ethylene Hexene
Ethylene Octene
Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
Food Packaging
Non-Food Packaging
Adhesives
Compounding Foams
Wire & Cables
Automotive
Others
Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
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