The Plastics market is expected to grow from an estimated USD 631.5 billion in 2024 to USD 938.5 billion in 2033, at a CAGR of 4.5%.

In the next years, the worldwide plastics market is anticipated to be driven by the growing use of plastics in place of glass, metals, wood, natural rubber, and other materials. Additionally, one of the markets with the strictest regulations worldwide is plastic resins. There are several companies that offer a range of plastic resins in the worldwide resins industry.

Polyvinyl chloride (PVC), polyethylene terephthalate (PET), polypropylene (PP), polybutylene terephthalate (PBT), polyphenylene oxide (PPO), polyurethane (PU), polyether ether ketone (PEEK), polycarbonate (PC), polysulfone (PSU), polyamide (PA), and polyphenylsulfone (PPSU) are a few examples of plastic resins.

The research report on the Global Market is formulated with insightful data that will help the established companies and new entrants to analyze the business trends and capitalize on investment strategies. The market is analyzed with an aim to provide assistance to the readers to gain maximum returns on the investment and to enable an informed decision-making process. The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario.

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 Key Players operating in the industry are:

BASF SE, SABIC, Dow, Inc., DuPont, Evonik Industries AG, Sumitomo Chemical Co., Ltd., Arkema, Celanese Corporation, Eastman Chemical Company, Chevron Phillips Chemical Co., LLC, Lotte Chemical Corporation, Exxon Mobil Corporation, Formosa Plastics Corporation, Covestro AG.                                                       

Radical Features of the Market Report:

  • The report encompasses market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
  • Supply chain analysis along with technological advancements offered in the report
  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the industry

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Segmentation:

By Product Outlook (Revenue, USD Billion; 2020-2033) 
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyurethane (PU)
  • Polyvinyl Chloride (PVC)
  • Polyethylene Terephthalate (PET)
  • Polystyrene (PS)
  • Acrylonitrile Butadiene Styrene (ABS)
  • Polybutylene Terephthalate (PBT)
  • Polyphenylene Oxide (PPO)
  • Epoxy Polymers
  • Liquid Crystal Polymers (LCP)
  • Polyether Ether Ketone (PEEK)
  • Polycarbonate (PC)
  • Polyamide (PA)
  • Polysulfone (PSU)
  • Polyphenylsulfone (PPSU)
  • Others
By Application Outlook (Revenue, USD Billion; 2020-2033) 
  • Injection Molding
  • Blow Molding
  • Roto Molding
  • Compression Molding
  • Casting
  • Thermoforming
  • Extrusion
  • Calendering
  • Others
By End-Use Outlook (Revenue, USD Billion; 2020-2033) 
  • Packaging
  • Building & construction
  • Electrical & electronics
  • Automotive
  • Medical devices
  • Agriculture
  • Furniture & bedding
  • Consumer goods
  • Utility
  • Others

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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