Plastics Market Size, Share & Industry Analysis, By Type (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Polyurethane, Polystyrene), By End-Use Industry (Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceutical, Electrical & Electronics, Textile), and Regional Forecast, 2020-2029 (Includes COVID-19 Business Impact)

                                          
We have updated Plastics Market with respect to COVID-19 Business Impact.
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This report focuses on the Plastics market and value at the global level, regional level, and company level. From a global perspective, this report represents the overall Plastics market size by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America.


Global Plastics Market: Segment Analysis


The research report includes specific segments by region (country), by Company, by Type, and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2019 to 2029. An in-depth analysis of the segments assists in identifying the different factors that will aid market growth.


Global Plastics Market: Regional Analysis


The research report includes a detailed study of regions of North America, Europe, Japan, China, Southeast Asia, India, Latin America, and South America. The report has been curated after observing and studying various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Researchers have studied the data of revenue, sales, and manufacturers of each mentioned region. This section analyses region-wise revenue and volume for the forecast period of 2019 to 2029.


Global Plastics Market: Competitive Landscape


This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2019 to 2029.
List of Companies Profiled

Key Players to Strengthen their Position by Providing Plastic Solutions to the Packaging Industry
The major producers of plastics are present throughout the globe. One of the most significant companies called LyondellBasell, deals with the plastics, chemicals, and refining sectors. It provides a wide variety of plastic products. The company has shown dominance around the globe by applying the strategy of acquisition. It is also keeping up with the latest plastics market trends to serve its consumer base efficiently. ExxonMobil, on the other hand, is expanding its business throughout the globe by using strategies such as joint venture and by providing a diversified range of plastics products. SABIC, another key player, has a strong influence in the Middle East & Africa. The company provides numerous grades of plastic products that have helped it in its expansion by forming joint ventures.

List of Key Companies Covered:

  
LyondellBasell
  
Borouge
  
Dow
  
SABIC
  
Reliance Industries Limited
  
Braskem
  
China Petroleum Corporation
ExxonMobil Chemical
  
Covestro AG
  
Total S.A.
  
Formosa Plastics Group
  
DuPont
BASF SE
  
INEOS
  
Inoac Corporation
  
Other key market players

REPORT COVERAGE
A growing trend is observed in the penetration of the plastics market across the industries.
The report provides qualitative and quantitative insights on the market and detailed analysis of plastics market size & growth rate for all possible segments in the market. The market is segmented by type, end-use industry, and geography. Based on the type, the polymers market is classified into polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, acrylonitrile butadiene styrene, polyamide, polycarbonate, polyurethane,

polystyrene, and others. By end-use industry, the plastics market is divided into packaging, automotive & transportation, infrastructure & construction, consumer goods/lifestyle, healthcare & pharmaceutical, electrical & electronics, textile, and others. Geographically, the plastics market share has been analyzed across five major regions, which are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. These regions are further categorized into countries.

Along with this, the report provides an elaborative analysis of the plastics market report analyse dynamics and competitive landscape. Various key insights presented in the report are the price trend analysis, recent industry developments in the plastics market, the regulatory scenario in crucial countries, macro, and microeconomic factors, SWOT analysis, and key industry trends, competitive landscape, and company profiles.

Report Scope & Segmentation

Segmentation

By Type

  
Polyethylene (PE)
  
Polypropylene (PP)
  
Polyethylene Terephthalate (PET)
  
Polyvinyl Chloride (PVC)
  
Acrylonitrile Butadiene Styrene (ABS)
  
Polyamide (PA)
  
Polycarbonate (PC)
  
Polyurethane (PU)
  
Polystyrene (PS)
  
Others

By End-Use Industry

  
Packaging
  
Automotive & Transportation
  
Infrastructure & Construction
  
Consumer Goods/Lifestyle
  
Healthcare & Pharmaceutical
  
Electrical & Electronics
  
Textile
  
Others

By Geography

  
North America (U.S. and Canada)
  
Europe (Germany, UK, France, Italy, Spain, Poland, and Rest of Europe)
  
Asia Pacific (China, India, Japan, South Korea, Southeast Asia, and Rest of Asia Pacific)
  
Latin America (Brazil, Mexico, and Rest of Latin America)
  
Middle East & Africa (Saudi Arabia, Turkey, Egypt, and Rest of the Middle East & Africa)

Key Industry Developments

In July 2019, ExxonMobil started the production of a new high-performance polyethylene at its  polyethylene plant located at Beaumont, Texas. This expansion increased the production capacity of plant by 65% or 650 KT per year. The total production capacity of the plant increased up to 1.7 million tons per year.

In June 2019, Huntsman Tecnoelastomeri launched a new engineering urethane elastomers named TECNOTHANE VTER. These elestomers work under extreme conditions, require less energy to operate, are customizable, and provide high performance. This will aid the company to expand its product portfolio.

In February 2018, SABIC announced projects in the Netherlands and Asia to increase the production capacity of its two materials named NORYL and ULTEM. The new production facility of polyetherimide situated in Singapore is expected to start functioning from 2021.