Global Commodity Plastics Market to Reach $939.2 Billion by 2030
The global market for Commodity Plastics estimated at US$506 Billion in the year 2022, is projected to reach a revised size of US$939.2 Billion by 2030, growing at a CAGR of 8% over the analysis period 2022-2030. Polyethylene (PE), one of the segments analyzed in the report, is projected to record 7.8% CAGR and reach US$280.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polypropylene (PP) segment is readjusted to a revised 7.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $137.9 Billion, While China is Forecast to Grow at 13% CAGR
The Commodity Plastics market in the U.S. is estimated at US$137.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$226.6 Billion by the year 2030 trailing a CAGR of 13% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.5% CAGR.Select Competitors (Total 196 Featured) -
- BASF
- Borealis
- Braskem
- Chevron Phillips Chemical
- Eni Spa
- Exxon Mobil
- Formosa Plastics
- Haldia Petrochemicals
- Hanwha Chemical
- Indian Oil
- Ineos
- LG Chem
- Lotte Chemical
- Lyondellbasell
- Mitsubishi Chemical
- Nova Chemicals
- PTT Global Chemical
- Qatar Petroleum
- Qenos Pty
- Reliance Industries
- SABIC
- Sinopec
- Sumitomo Chemical
- The DOW Chemical
- Westlake Chemical
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
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF
- Borealis
- Braskem
- Chevron Phillips Chemical
- Eni Spa
- Exxon Mobil
- Formosa Plastics
- Haldia Petrochemicals
- Hanwha Chemical
- Indian Oil
- Ineos
- LG Chem
- Lotte Chemical
- Lyondellbasell
- Mitsubishi Chemical
- Nova Chemicals
- PTT Global Chemical
- Qatar Petroleum
- Qenos Pty
- Reliance Industries
- SABIC
- Sinopec
- Sumitomo Chemical
- The DOW Chemical
- Westlake Chemical
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 172 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 506 Billion |
Forecasted Market Value ( USD | $ 939.2 Billion |
Compound Annual Growth Rate | 8.0% |
Regions Covered | Global |