Market Overview:
The global plastics and polymers market is expected to reach USD 792.5 billion by 2030, registering a CAGR of 5.8% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for plastics and polymers from various end-use industries such as automotive, construction, packaging, and electrical & electronics. In terms of volume, the global plastics and polymers market is projected to reach 2,023 million metric tons by 2030. Based on type, nylon accounted for the largest share in 2017 owing to its properties such as high strength-to-weight ratio and resistance against abrasion. Polyester & synthetic fibers are also projected to grow at a significant rate during the forecast period due to their properties such as durability and low thermal expansion coefficient. Polyethylene is expected to be one of the fastest growing segments due its properties such as toughness, chemical resistance, low water absorption rates etc., which make it suitable for use in various applications including food packaging films & containers; medical devices; pipes & fittings; automotive components etc. In terms of application , manufacture held majority share in 2017 followed by industrial sector . The growth in this segment can be attributed rising demand from developing countries across Asia Pacific region coupled with increasing investments by key players towards development of new manufacturing facilities .
Product Definition:
Plastics and polymers are materials made from very small molecules called monomers. When these molecules are put together, they form long chains, which we call polymers. Polymers can be found in many different materials, including plastics, fabrics, and rubber. Polymers have many important uses because they are strong and durable but also lightweight and flexible.
Nylon:
Nylon is a polymer, derived from the reaction of phthalic anhydride and formaldehyde. It has high chemical resistance, excellent mechanical properties and can be easily processed. Nylon 66 is used in applications requiring high heat resistance such as pipes & tanks for oil & gas transportation or for cooking at extremely high temperatures. Nylon 6 is widely used in textiles owing to its superior properties including abrasion resistance, elasticity and strength along with its easy processing ability.
Polyester And Synthetic Fibers:
Polyester and synthetic fibers are man-made materials derived from chemical compounds. They have a high melting point, which makes them useful in the production of plastics and polymers. Polyester can be used as a replacement for silk or wool in many applications such as clothing, upholstery, filtration material, etc., while polysynthetic fibers are used to produce artificial fiber textiles.
The global market for polyester.
Application Insights:
The manufacture application segment led the global plastics and polymers market in 2017, accounting for over 45% of the revenue share. The growth can be attributed to increasing demand from packaging, automotive and construction industries. In addition, favorable government policies such as ¢â‚¬Å“Make In India¢â‚¬ initiative by the Government of India is expected to boost industry growth over the forecast period.
Increasing consumer disposable income levels coupled with rising living standards have resulted in a significant rise in demand for packaged food products across developing countries including China Indonesia Malaysia Philippines Thailand Vietnam which is expected to drive industry expansion over the next eight years especially in Asia Pacific region. Plastic additives are also used extensively during manufacturing process of automobile parts which further propels product demand globally.
Regional Analysis:
Asia Pacific was the leading segment and accounted for over 45% of global revenue in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing industrialization, rapid urbanization, and growing population in emerging economies such as China, India, Indonesia, Malaysia & Thailand (IMT) among others.
China is one of the major manufacturing hubs across various industries owing to low-cost labor and raw material availability which has led it being a key player across all major sectors including automotive & transportation; electrical & electronics; machinery; food processing & packaging etc.; thus making it a significant market for global plastics and polymers industry growth.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and packaging is expected to drive the growth of the plastics and polymers market over the forecast period.
- Rising awareness about the benefits of using plastics and polymers is projected to propel market growth.
- Growing investments in research and development activities for new product launches is anticipated to provide opportunities for market expansion.
- Technological advancements in manufacturing processes are expected to result in improved product quality and reduced production costs, which will boost demand for plastics and polymers products over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastics And Polymers Market Research Report
By Type
Nylon, Polyester And Synthetic Fibers, Polyethylene, Polypropylene, Polyurethane, Rubber, Bioplastics, Expandable Polystyrene, Others
By Application
Manufacture, Industrial, Others
By Companies
DowDupont, LyondellBasell Industries, Saudi Basic Industries, Covestro, LG, DowDupont
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Plastics And Polymers Market Report Segments:
The global Plastics And Polymers market is segmented on the basis of:
Types
Nylon, Polyester And Synthetic Fibers, Polyethylene, Polypropylene, Polyurethane, Rubber, Bioplastics, Expandable Polystyrene, Others
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
Manufacture, Industrial, Others
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:
- DowDupont
- LyondellBasell Industries
- Saudi Basic Industries
- Covestro
- LG
- DowDupont
Highlights of The Plastics And Polymers 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:
- Nylon
- Polyester And Synthetic Fibers
- Polyethylene
- Polypropylene
- Polyurethane
- Rubber
- Bioplastics
- Expandable Polystyrene
- Others
- By Application:
- Manufacture
- Industrial
- Others
- 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 Plastics And Polymers 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Plastics and polymers are materials that are made from molecules that are connected together in a repeating pattern. This repeating pattern is what gives plastics and polymers their unique properties.
Some of the major players in the plastics and polymers market are DowDupont, LyondellBasell Industries, Saudi Basic Industries, Covestro, LG, DowDupont.
The plastics and polymers market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Plastics And Polymers 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 Plastics And Polymers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plastics And Polymers 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 Plastics And Polymers 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 Plastics And Polymers Market Size & Forecast, 2018-2028
4.5.1 Plastics And Polymers Market Size and Y-o-Y Growth
4.5.2 Plastics And Polymers Market Absolute $ Opportunity
Chapter 5 Global Plastics And Polymers 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 Plastics And Polymers Market Size Forecast by Type
5.2.1 Nylon
5.2.2 Polyester And Synthetic Fibers
5.2.3 Polyethylene
5.2.4 Polypropylene
5.2.5 Polyurethane
5.2.6 Rubber
5.2.7 Bioplastics
5.2.8 Expandable Polystyrene
5.2.9 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Plastics And Polymers 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 Plastics And Polymers Market Size Forecast by Applications
6.2.1 Manufacture
6.2.2 Industrial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plastics And Polymers 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 Plastics And Polymers 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 Plastics And Polymers Analysis and Forecast
9.1 Introduction
9.2 North America Plastics And Polymers 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 Plastics And Polymers Market Size Forecast by Type
9.6.1 Nylon
9.6.2 Polyester And Synthetic Fibers
9.6.3 Polyethylene
9.6.4 Polypropylene
9.6.5 Polyurethane
9.6.6 Rubber
9.6.7 Bioplastics
9.6.8 Expandable Polystyrene
9.6.9 Others
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 Plastics And Polymers Market Size Forecast by Applications
9.10.1 Manufacture
9.10.2 Industrial
9.10.3 Others
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 Plastics And Polymers Analysis and Forecast
10.1 Introduction
10.2 Europe Plastics And Polymers 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 Plastics And Polymers Market Size Forecast by Type
10.6.1 Nylon
10.6.2 Polyester And Synthetic Fibers
10.6.3 Polyethylene
10.6.4 Polypropylene
10.6.5 Polyurethane
10.6.6 Rubber
10.6.7 Bioplastics
10.6.8 Expandable Polystyrene
10.6.9 Others
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 Plastics And Polymers Market Size Forecast by Applications
10.10.1 Manufacture
10.10.2 Industrial
10.10.3 Others
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 Plastics And Polymers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Plastics And Polymers 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 Plastics And Polymers Market Size Forecast by Type
11.6.1 Nylon
11.6.2 Polyester And Synthetic Fibers
11.6.3 Polyethylene
11.6.4 Polypropylene
11.6.5 Polyurethane
11.6.6 Rubber
11.6.7 Bioplastics
11.6.8 Expandable Polystyrene
11.6.9 Others
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 Plastics And Polymers Market Size Forecast by Applications
11.10.1 Manufacture
11.10.2 Industrial
11.10.3 Others
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 Plastics And Polymers Analysis and Forecast
12.1 Introduction
12.2 Latin America Plastics And Polymers 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 Plastics And Polymers Market Size Forecast by Type
12.6.1 Nylon
12.6.2 Polyester And Synthetic Fibers
12.6.3 Polyethylene
12.6.4 Polypropylene
12.6.5 Polyurethane
12.6.6 Rubber
12.6.7 Bioplastics
12.6.8 Expandable Polystyrene
12.6.9 Others
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 Plastics And Polymers Market Size Forecast by Applications
12.10.1 Manufacture
12.10.2 Industrial
12.10.3 Others
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) Plastics And Polymers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Plastics And Polymers 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) Plastics And Polymers Market Size Forecast by Type
13.6.1 Nylon
13.6.2 Polyester And Synthetic Fibers
13.6.3 Polyethylene
13.6.4 Polypropylene
13.6.5 Polyurethane
13.6.6 Rubber
13.6.7 Bioplastics
13.6.8 Expandable Polystyrene
13.6.9 Others
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) Plastics And Polymers Market Size Forecast by Applications
13.10.1 Manufacture
13.10.2 Industrial
13.10.3 Others
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 Plastics And Polymers Market: Competitive Dashboard
14.2 Global Plastics And Polymers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DowDupont
14.3.2 LyondellBasell Industries
14.3.3 Saudi Basic Industries
14.3.4 Covestro
14.3.5 LG
14.3.6 DowDupont
