Plastic Market Size, Growth, A Comprehensive Analysis of the Size and Growth Trends in the Market 2030
Kalpesh RajputPlastic Market Expected to Reach US$ 714.03 Billion by 2030
Market Overview:
The global plastic market was valued at US$ 507.45 billion in 2023 and is expected to reach almost US$ 714.03 billion by 2030, with an overall revenue growth rate of 5% from 2024 to 2030. The market analysis includes key business insights and market sizing by region, products, and applications, with a forecast till 2030.
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Market Scope:
The report on the plastic market published by Maximize Market Research is the result of thorough primary and secondary research. It provides qualitative and quantitative data to assist decision-makers in determining market segments, regions, and variables driving the market's growth. The report includes a PESTLE and SWOT analysis, aiding in the development of company strategies. Plastic market players are studied based on key factors such as company size, market share, growth, revenue, production volume, and profits.
Segmentation:
- By Product: PE, PP, PU, PVC, Polystyrene, ABS, PBT, PPO, Epoxy Polymers, LCP, PC, Polyamide
- By Application: Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceutical, Electrical & Electronics
- By Technology: Injection Molding, Blow Molding, Extrusion Molding, Thermoforming, Rotational Molding
Key Players:
- BASF SE
- SABIC
- Dow Inc.
- DuPont de Nemours, Inc.
- Evonik Industries
- Sumitomo Chemical Co., Ltd.
- Arkema
- Celanese Corporation
- Eastman Chemical Company
- Chevron Phillips Chemical Co., LLC
- Lotte Chemical Corporation
- Exxon Mobil Corporation
- Formosa Plastic Corporation
- Covestro AG
- Toray Industries, Inc.
- Mitsui & Co. Plastic Ltd.
Regional Analysis:
The Asia-Pacific (APAC) region is identified as a lucrative opportunity for the global plastic market and component manufacturers for the next ten years. The market in APAC is showing an upward trend even amid an economic slowdown, with factors such as increasing health consciousness and a growing middle-class population driving growth.
Key Questions Answered:
- What is the forecast period of the plastic market?
- Which region holds the largest market share in the plastic market?
- What factors are affecting the plastic market growth?
- What will be the CAGR of the plastic market during the forecast period?
- What key trends are likely to emerge in the plastic market in the coming years?
Key Offerings:
- Market Share, Size, and Forecast by Revenue|2042-2030
- Market Dynamics, Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by plastic
- Landscape, Leading key players, and other prominent key players
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