Global Industrial Plastics Market to Reach $138 Billion by 2030
The global market for Industrial Plastics estimated at US$75.8 Billion in the year 2022, is projected to reach a revised size of US$138 Billion by 2030, growing at a CAGR of 7.8% over the analysis period 2022-2030. Polyamide, one of the segments analyzed in the report, is projected to record 7.6% CAGR and reach US$48.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Acrylonitrile Butadiene Styrene segment is readjusted to a revised 7.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $20.7 Billion, While China is Forecast to Grow at 12% CAGR
The Industrial Plastics market in the U.S. is estimated at US$20.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$31.6 Billion by the year 2030 trailing a CAGR of 12% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.Select Competitors (Total 12 Featured) -
- Arkema S.A.
- BASF SE
- Covestro AG
- Eastman Chemical Company
- Ensinger Gmbh
- Evonik Industries AG
- Formosa Plastics Corporation
- Lyondellbasell Industries Holdings B.V.
- Mitsubishi Engineering-Plastics Corporation
- Mitsui & Co., Ltd.
- SABIC
- Solvay S.A.
- Teijin Limited
- Toray Industries, Inc.
- Victrex Plc
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:
- Arkema S.A.
- BASF SE
- Covestro AG
- Eastman Chemical Company
- Ensinger Gmbh
- Evonik Industries AG
- Formosa Plastics Corporation
- Lyondellbasell Industries Holdings B.V.
- Mitsubishi Engineering-Plastics Corporation
- Mitsui & Co., Ltd.
- SABIC
- Solvay S.A.
- Teijin Limited
- Toray Industries, Inc.
- Victrex Plc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 78 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 75.8 Billion |
Forecasted Market Value ( USD | $ 138 Billion |
Compound Annual Growth Rate | 7.8% |
Regions Covered | Global |