Global Thermoplastics Market to Reach $28 Billion by 2030
The global market for Thermoplastics estimated at US$19.4 Billion in the year 2022, is projected to reach a revised size of US$28 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030. Polypropylene, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$8.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyethylene segment is readjusted to a revised 4.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $5.2 Billion, While China is Forecast to Grow at 7.8% CAGR
The Thermoplastics market in the U.S. is estimated at US$5.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.1 Billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.Select Competitors (Total 41 Featured) -
- 3M Company
- A. Schulman, Inc.
- Arkema Group
- Asahi Kasei Corporation
- BASF SE
- Celanese Corporation
- Chevron Phillips Chemical Company LLC
- Covestro AG
- Daicel Corporation
- Dow, Inc.
- DuPont de Nemours, Inc.
- Eastman Chemical Company
- Evonik Industries AG
- INEOS Styrolution Group GmbH
- Lanxess AG
- LG Chem Ltd.
- LyondellBasell Industries NV
- Mitsubishi Engineering-Plastics Corporation
- Polyplastics Co., Ltd.
- Rochling SE & Co. KG
- Royal DSM NV
- SABIC Innovative Plastics
- Solvay SA
- Teijin Limited
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Company
- A. Schulman, Inc.
- Arkema Group
- Asahi Kasei Corporation
- BASF SE
- Celanese Corporation
- Chevron Phillips Chemical Company LLC
- Covestro AG
- Daicel Corporation
- Dow, Inc.
- DuPont de Nemours, Inc.
- Eastman Chemical Company
- Evonik Industries AG
- INEOS Styrolution Group GmbH
- Lanxess AG
- LG Chem Ltd.
- LyondellBasell Industries NV
- Mitsubishi Engineering-Plastics Corporation
- Polyplastics Co., Ltd.
- Rochling SE & Co. KG
- Royal DSM NV
- SABIC Innovative Plastics
- Solvay SA
- Teijin Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 194 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 19.4 Billion |
Forecasted Market Value ( USD | $ 28 Billion |
Compound Annual Growth Rate | 4.7% |
Regions Covered | Global |