Quick Summary:
In the ever-evolving and dynamic market of Plastomers, having a data-driven, comprehensive analysis is crucial for strategic decision-making. With an impressive projection of US$7.3 Billion by 2030, the Plastomers market presents immense opportunities for growth for businesses. Our extensive market research report provides the key insights and comprehensive market analyses that senior executives and decision makers need to navigate these prospects effectively.
The report not only includes valuable predictions for high-growth segments like Ethylene Propylene but also incorporates expansive geographic coverage, including crucial markets like the U.S., China, and Europe. The insights provided in the report make it an indispensable tool for anyone wanting to succeed in the Plastomers market. Furthermore, the competitor analysis, featuring 41 key players, provides an in-depth understanding of the competitive landscape, accentuating the report’s value for devising effective business strategies.
Global Plastomers Market to Reach $7.3 Billion by 2030
The global market for Plastomers estimated at US$5 Billion in the year 2022, is projected to reach a revised size of US$7.3 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030. Ethylene Propylene, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$2.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Ethylene Butene segment is readjusted to a revised 3.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 8.8% CAGR
The Plastomers market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.6% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.Select Competitors (Total 41 Featured) -
- Alpha Group
- Borealis AG
- Dow, Inc.
- DuPont de Nemours, Inc.
- Exxon Mobil Corporation
- LG Chem
- Mitsui Chemicals, Inc.
- Plastomer Corporation
- SABIC (Saudi Basic Industries Corporation)
- SK Group
- Sumitomo Corporation
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
What is the estimated value of the Global Market for Plastomers?
What is the growth rate of the Global Market for Plastomers?
What is the forecasted size of the Global Market for Plastomers?
Who are the key companies in the Global Market for Plastomers?
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 5 Billion |
| Forecasted Market Value ( USD | $ 7.3 Billion |
| Compound Annual Growth Rate | 4.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alpha Group
- Borealis AG
- Dow, Inc.
- DuPont de Nemours, Inc.
- Exxon Mobil Corporation
- LG Chem
- Mitsui Chemicals, Inc.
- Plastomer Corporation
- SABIC (Saudi Basic Industries Corporation)
- SK Group
- Sumitomo Corporation
