Market Overview:
The global thermoplastic resin market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for thermoplastic resins from transportation, consumer goods, and electrical & electronic applications. Based on type, the polypropylene (PP) segment is projected to lead the global thermoplastic resin market during the forecast period. PP is a versatile polymer that offers excellent properties such as high strength-to-weight ratio, toughness, and rigidity. It also has good chemical resistance and heat resistance up to 200°C. These properties make PP suitable for use in various applications such as automotive parts, packaging materials, medical devices & supplies, and construction products. Based on application, the transportation segment is projected to lead the global thermoplastic resin market during the forecast period. The growth of this segment can be attributed to increasing demand for lightweight vehicles due to stringent fuel economy norms across regions worldwide.
Product Definition:
Thermoplastics resins are a type of plastic that can be melted and reformed many times. This makes them ideal for use in products that need to be reshaped or recycled.
Polypropylene (PP):
Polypropylene is a thermoplastic resin that contains high heat resistance properties. It can be easily processed and has excellent mechanical strength. PP is widely used in food packaging, bottle manufacturing, automotive components, etc. The growth factor for the market is its broad application scope and low cost as compared to other materials such as polystyrene (PS) & polyethylene (PE).
Polyamide (PA):
Polyamide (PA) is a synthetic, thermoplastic polymer with high heat and chemical resistance. It has been used in the production of films for thermosets and as an alternative to metals for many years. PA can be processed at much higher temperatures than nylon 6 or polyethylene, up to 270°C (500°F).
Application Insights:
The consumer goods segment led the global thermoplastics resin market and accounted for more than a 25% share of the overall revenue in 2017. The growing demand for lightweight and durable products is expected to be a major factor driving the growth of this segment over the forecast period. In addition, rising disposable income levels coupled with increasing purchasing power parity across various regions is anticipated to boost product demand in consumer goods applications over the forecast period.
Transportation was estimated as one of the largest application segments owing to extensive usage in aircraft parts, automotive body components, marine equipment and machinery components among others. Increasing use of plastics instead of metal & wood due to its light weight properties has been boosting industry growth across transportation applications globally since past few decades.
Regional Analysis:
Asia Pacific dominated the global thermosets by revenue in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to rising product demand from automotive, construction, consumer goods and electronics industries. China is a major manufacturing hub for consumer goods as well as automotive industry owing to low labor costs coupled with easy availability of land. This has resulted in high production volumes of passenger cars and commercial vehicles in China since 2010s which are subsequently being consumed across various regions including North America, Europe, Asia Pacific (excluding Japan) and MEA countries.
The market for thermosets was estimated at USD X billion in 2016 on account of large consumption volumes generated from end-use industries such as construction & architecture; transportation & storage; electrical & electronics; industrial machinery etc., across all regions except Europe where it accounted for a share valued at 9%.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and electrical & electronics
- Rising demand for lightweight and durable plastics in automotive sector
- Growing consumption of thermoset resins in Asia Pacific region
- Technological advancements in manufacturing process of thermoset resins
- Increasing use of thermoset resins in medical applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermoplastics Resin Market Research Report
By Type
Polypropylene (PP), Polyamide (PA), Polybutylene Terephthalate (PBT), Polyphenylene Sulfide (PPS), Polycarbonate (PC), Others
By Application
Transportation, Consumer Goods, Electrical & Electronic, Others
By Companies
BASF, DuPont, Royal DSM, Solvay, Arkema, BASF
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Thermoplastics Resin Market Report Segments:
The global Thermoplastics Resin market is segmented on the basis of:
Types
Polypropylene (PP), Polyamide (PA), Polybutylene Terephthalate (PBT), Polyphenylene Sulfide (PPS), Polycarbonate (PC), 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
Transportation, Consumer Goods, Electrical & Electronic, 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:
- BASF
- DuPont
- Royal DSM
- Solvay
- Arkema
- BASF
Highlights of The Thermoplastics Resin 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:
- Polypropylene (PP)
- Polyamide (PA)
- Polybutylene Terephthalate (PBT)
- Polyphenylene Sulfide (PPS)
- Polycarbonate (PC)
- Others
- By Application:
- Transportation
- Consumer Goods
- Electrical & Electronic
- 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 Thermoplastics Resin 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?
Thermoplastics resin is a type of plastic that can be heated and molded into any shape or size. It is often used in products such as toys, furniture, and signs.
Some of the major companies in the thermoplastics resin market are BASF, DuPont, Royal DSM, Solvay, Arkema, BASF.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermoplastics Resin 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 Thermoplastics Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermoplastics Resin 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 Thermoplastics Resin 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 Thermoplastics Resin Market Size & Forecast, 2018-2028
4.5.1 Thermoplastics Resin Market Size and Y-o-Y Growth
4.5.2 Thermoplastics Resin Market Absolute $ Opportunity
Chapter 5 Global Thermoplastics Resin 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 Thermoplastics Resin Market Size Forecast by Type
5.2.1 Polypropylene (PP)
5.2.2 Polyamide (PA)
5.2.3 Polybutylene Terephthalate (PBT)
5.2.4 Polyphenylene Sulfide (PPS)
5.2.5 Polycarbonate (PC)
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermoplastics Resin 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 Thermoplastics Resin Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Consumer Goods
6.2.3 Electrical & Electronic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermoplastics Resin 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 Thermoplastics Resin 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 Thermoplastics Resin Analysis and Forecast
9.1 Introduction
9.2 North America Thermoplastics Resin 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 Thermoplastics Resin Market Size Forecast by Type
9.6.1 Polypropylene (PP)
9.6.2 Polyamide (PA)
9.6.3 Polybutylene Terephthalate (PBT)
9.6.4 Polyphenylene Sulfide (PPS)
9.6.5 Polycarbonate (PC)
9.6.6 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 Thermoplastics Resin Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Consumer Goods
9.10.3 Electrical & Electronic
9.10.4 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 Thermoplastics Resin Analysis and Forecast
10.1 Introduction
10.2 Europe Thermoplastics Resin 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 Thermoplastics Resin Market Size Forecast by Type
10.6.1 Polypropylene (PP)
10.6.2 Polyamide (PA)
10.6.3 Polybutylene Terephthalate (PBT)
10.6.4 Polyphenylene Sulfide (PPS)
10.6.5 Polycarbonate (PC)
10.6.6 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 Thermoplastics Resin Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Consumer Goods
10.10.3 Electrical & Electronic
10.10.4 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 Thermoplastics Resin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermoplastics Resin 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 Thermoplastics Resin Market Size Forecast by Type
11.6.1 Polypropylene (PP)
11.6.2 Polyamide (PA)
11.6.3 Polybutylene Terephthalate (PBT)
11.6.4 Polyphenylene Sulfide (PPS)
11.6.5 Polycarbonate (PC)
11.6.6 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 Thermoplastics Resin Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Consumer Goods
11.10.3 Electrical & Electronic
11.10.4 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 Thermoplastics Resin Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermoplastics Resin 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 Thermoplastics Resin Market Size Forecast by Type
12.6.1 Polypropylene (PP)
12.6.2 Polyamide (PA)
12.6.3 Polybutylene Terephthalate (PBT)
12.6.4 Polyphenylene Sulfide (PPS)
12.6.5 Polycarbonate (PC)
12.6.6 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 Thermoplastics Resin Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Consumer Goods
12.10.3 Electrical & Electronic
12.10.4 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) Thermoplastics Resin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermoplastics Resin 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) Thermoplastics Resin Market Size Forecast by Type
13.6.1 Polypropylene (PP)
13.6.2 Polyamide (PA)
13.6.3 Polybutylene Terephthalate (PBT)
13.6.4 Polyphenylene Sulfide (PPS)
13.6.5 Polycarbonate (PC)
13.6.6 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) Thermoplastics Resin Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Consumer Goods
13.10.3 Electrical & Electronic
13.10.4 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 Thermoplastics Resin Market: Competitive Dashboard
14.2 Global Thermoplastics Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 DuPont
14.3.3 Royal DSM
14.3.4 Solvay
14.3.5 Arkema
14.3.6 BASF
