Market Overview:
The global commodity plastic market is expected to grow from USD 283.5 billion in 2018 to USD 439.8 billion by 2030, at a CAGR of 5.5% from 2018 to 2030. The growth of the global commodity plastic market can be attributed to the increasing demand for packaging and consumer goods, and rising demand for automotive and electronics products. In addition, the growing pharmaceuticals industry is also contributing significantly to the growth of this market.
Product Definition:
A commodity is a basic good that can be traded on a commodities market, such as oil, gold, or wheat. The price of a commodity is usually determined by the supply and demand for it.
PE:
Polyethylene is a widely used plastic in the global commodity market. It is produced from crude oil through polymerization and has applications ranging from packaging to construction materials. Polyethylene can be segmented on the basis of grades which include High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE) and Linear low-density polyethylene (LLDPE).
PP:
Polypropylene (PP) is a thermoplastic polymer used in the manufacturing of commodity plastic products such as films, bottles, and fibers. It is also used in various other industries including automotive & transportation and building & construction. Polypropylene can be recycled and reused efficiently which makes it an eco-friendly option over other conventional plastics. This property has resulted in its increased popularity among consumers looking for sustainable options at home, work or the supermarket.
Application Insights:
The packaging application segment led the global commodity plastic market and accounted for more than 45.0% share of the total revenue in 2017. The growth can be attributed to increasing demand for packaged food products, consumer goods, and other industrial applications such as medical & pharmaceuticals. In addition, development of new plastics with superior properties such as durability, flexibility & extensibility is expected to drive the demand further.
Consumer goods are expected to be one of the fastest-growing segments over the forecast period owing to rising disposable income coupled with increasing purchasing power in developing countries including China India Indonesia Vietnam Argentina Brazil etcetera which will fuel product demand over next seven years at a CAGR of XX%.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rapid industrialization and increasing foreign investments coupled with favorable government regulations. China, India, Japan, South Korea and Taiwan are some of the major economies that are likely to contribute towards regional growth over the coming years.
The European market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 due primarily on economic recovery in major countries such as Germany along with other Eastern & Central European countries after EU membership in 2004-2006 followed by Spain & Italy since 2007-2009 which resulted into high demand for commodity plastic products across various end use industries such as construction, automotive etc., thus driving industry expansion.
Growth Factors:
- Increasing demand from packaging and automotive industries
- Growing population and rising disposable income in developing countries
- Proliferation of plastic products due to technological advancements
- Stringent government regulations for environment protection
- Rising prices of traditional materials such as metals, which is encouraging the use of plastics
Scope Of The Report
Report Attributes
Report Details
Report Title
Commodity Plastic Market Research Report
By Type
PE, PP, PVC, PET, PS, Other
By Application
Packaging, Consumer goods, Electronics, Automotive, Textiles, Pharmaceuticals, Other
By Companies
BASF, China Petrochemical Corporation, DuPont, Exxon Mobil, LG Chem, LyondellBasell Industries Holdings, SABIC, Sumitomo Chemical, The Dow Chemical Company, Borealis, BASF, Formosa Plastics, INEOS, National Petrochemical Company, NOVA Chemicals, Reliance Industries Limited, Royal DSM, USI, Versalis
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Commodity Plastic Market Report Segments:
The global Commodity Plastic market is segmented on the basis of:
Types
PE, PP, PVC, PET, PS, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Packaging, Consumer goods, Electronics, Automotive, Textiles, Pharmaceuticals, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- China Petrochemical Corporation
- DuPont
- Exxon Mobil
- LG Chem
- LyondellBasell Industries Holdings
- SABIC
- Sumitomo Chemical
- The Dow Chemical Company
- Borealis
- BASF
- Formosa Plastics
- INEOS
- National Petrochemical Company
- NOVA Chemicals
- Reliance Industries Limited
- Royal DSM
- USI
- Versalis
Highlights of The Commodity Plastic Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PE
- PP
- PVC
- PET
- PS
- Other
- By Application:
- Packaging
- Consumer goods
- Electronics
- Automotive
- Textiles
- Pharmaceuticals
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commodity Plastic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commodity plastic is a type of plastic that is made to be used as a replacement for traditional materials like paper and metal. It's often used in packaging, food containers, and other products.
Some of the major players in the commodity plastic market are BASF, China Petrochemical Corporation, DuPont, Exxon Mobil, LG Chem, LyondellBasell Industries Holdings, SABIC, Sumitomo Chemical, The Dow Chemical Company, Borealis, BASF, Formosa Plastics, INEOS, National Petrochemical Company, NOVA Chemicals, Reliance Industries Limited, Royal DSM, USI, Versalis.
The commodity plastic market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commodity Plastic Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commodity Plastic Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commodity Plastic Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commodity Plastic Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commodity Plastic Market Size & Forecast, 2020-2028
4.5.1 Commodity Plastic Market Size and Y-o-Y Growth
4.5.2 Commodity Plastic Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 PE
5.2.2 PP
5.2.3 PVC
5.2.4 PET
5.2.5 PS
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Packaging
6.2.2 Consumer goods
6.2.3 Electronics
6.2.4 Automotive
6.2.5 Textiles
6.2.6 Pharmaceuticals
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commodity Plastic Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commodity Plastic Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 PE
9.6.2 PP
9.6.3 PVC
9.6.4 PET
9.6.5 PS
9.6.6 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Packaging
9.10.2 Consumer goods
9.10.3 Electronics
9.10.4 Automotive
9.10.5 Textiles
9.10.6 Pharmaceuticals
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 PE
10.6.2 PP
10.6.3 PVC
10.6.4 PET
10.6.5 PS
10.6.6 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Packaging
10.10.2 Consumer goods
10.10.3 Electronics
10.10.4 Automotive
10.10.5 Textiles
10.10.6 Pharmaceuticals
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 PE
11.6.2 PP
11.6.3 PVC
11.6.4 PET
11.6.5 PS
11.6.6 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Packaging
11.10.2 Consumer goods
11.10.3 Electronics
11.10.4 Automotive
11.10.5 Textiles
11.10.6 Pharmaceuticals
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 PE
12.6.2 PP
12.6.3 PVC
12.6.4 PET
12.6.5 PS
12.6.6 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Packaging
12.10.2 Consumer goods
12.10.3 Electronics
12.10.4 Automotive
12.10.5 Textiles
12.10.6 Pharmaceuticals
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 PE
13.6.2 PP
13.6.3 PVC
13.6.4 PET
13.6.5 PS
13.6.6 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Packaging
13.10.2 Consumer goods
13.10.3 Electronics
13.10.4 Automotive
13.10.5 Textiles
13.10.6 Pharmaceuticals
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commodity Plastic Market: Competitive Dashboard
14.2 Global Commodity Plastic Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 China Petrochemical Corporation
14.3.3 DuPont
14.3.4 Exxon Mobil
14.3.5 LG Chem
14.3.6 LyondellBasell Industries Holdings
14.3.7 SABIC
14.3.8 Sumitomo Chemical
14.3.9 The Dow Chemical Company
14.3.10 Borealis
14.3.11 BASF
14.3.12 Formosa Plastics
14.3.13 INEOS
14.3.14 National Petrochemical Company
14.3.15 NOVA Chemicals
14.3.16 Reliance Industries Limited
14.3.17 Royal DSM
14.3.18 USI
14.3.19 Versalis
