Market Overview:
The global plastic alloy market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastic alloys in various applications, such as automotive, construction, and electronics. In addition, the growing awareness about the benefits of using plastic alloys is also contributing to the growth of this market. The global plastic alloy market can be segmented on the basis of type and application. On the basis of type, it can be divided into physical methods and chemical methods. Physical methods include injection molding and extrusion while chemical methods include reaction injection molding (RIM) and bulk molding compound (BMC). On the basis of application, it can be classified into automotive, construction, electronics, medical devices & equipment components,, others). Geographically speaking North America dominates this market followed by Europe Asia Pacific region is projected to witness highest CAGR over forecast period owing rising demand from end user industries such as Automotive sector in countries such as China India etc.
Product Definition:
A plastic alloy is a synthetic resin that has been modified to have the characteristics of both metals and plastics. It is important because it can be molded into many different shapes, and it is strong yet lightweight.
Physical Methods:
Physical methods are the most basic and important research activities in plastic materials science. It is used to determine various physical properties of plastics such as stiffness, hardness, toughness, density, flow behavior & surface characteristics. These methods include mechanical testing (punching & drilling), microscopy (microscopic observation), scanning electron microscopy (SEM) and X-ray analysis.
Chemical Methods:
Chemical methods are used to produce plastic alloys by combining different chemicals. The method is mainly used for high-volume production of industrial and consumer products such as automotive components, building materials, packaging containers, electrical & electronics devices and household goods.
The global chemical methods market size was valued at USD 14.5 billion in 2016.
Application Insights:
Automotive was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The industry has witnessed a paradigm shift due to rising demand for lightweight materials with high strength-to-weight ratio. These alloys help reduce overall vehicle weight, thereby improving fuel efficiency and reducing pollution on account of reduced emissions during combustion.
The growing automotive sector in emerging markets such as China, India, Thailand & Indonesia is expected to drive product demand from 2018 to 2030. In addition, stringent government regulations regarding reduction of vehicular weight are likely to propel market growth over the coming years.
Regional Analysis:
Asia Pacific was the leading region and accounted for a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period as well due to rising demand from end-use industries, such as automotive, construction, consumer goods, industrial machinery and electronics.
The growing population in Asia Pacific has led to an increase in demand for housing which has encouraged various governments across countries such as China and India to launch massive infrastructure projects. This is likely to have a positive impact on industry growth over the next eight years.
North America emerged as the second largest market accounting for 21% of total market volume share owing high product penetration in end-use industries coupled with government initiatives favoring R&D activities related plastic materials usage within automobiles & components manufacturing processes are some factors attributing toward this growth trend observed during 2017 - 2030 time frame.
Growth Factors:
- Increasing demand from end-use industries: The global plastic alloy market is expected to grow at a CAGR of over 5% during the forecast period, owing to the increasing demand from end-use industries such as automotive, construction, and electrical & electronics.
- Growing awareness about benefits of plastic alloys: There is a growing awareness among consumers about the benefits of using plastic alloys in various applications. This is likely to boost the growth of the global market in the coming years.
- Rising R&D investments by key players: Key players in the global market are investing heavily in R&D activities to develop new and innovative products that can cater to changing consumer needs and preferences. This is likely to propel the growth of this market in future years.
- Technological advancements: The development of new technologies that can improve product performance has led to an increase in adoption rates for plastic alloys across various industries worldwide In addition, technological advancements have also helped reduce manufacturing costs, which is further aiding market growth..
Scope Of The Report
Report Attributes
Report Details
Report Title
Plastic Alloy Market Research Report
By Type
Physical Methods, Chemical Methods
By Application
Electronic, Automotive, Construction, Others
By Companies
Radici, Sabic Innovative Plastics, Du Pont, Lanxess, Rhodia, Kingfa, Silver, Shanghai Pret
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Plastic Alloy Market Report Segments:
The global Plastic Alloy market is segmented on the basis of:
Types
Physical Methods, Chemical Methods
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
Electronic, Automotive, Construction, 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:
- Radici
- Sabic Innovative Plastics
- Du Pont
- Lanxess
- Rhodia
- Kingfa
- Silver
- Shanghai Pret
Highlights of The Plastic Alloy 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:
- Physical Methods
- Chemical Methods
- By Application:
- Electronic
- Automotive
- Construction
- 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 Plastic Alloy 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?
Plastic alloy is a type of alloy that is made from plastic and other metals. It is often used to make parts for cars, planes, and other equipment.
Some of the key players operating in the plastic alloy market are Radici, Sabic Innovative Plastics, Du Pont, Lanxess, Rhodia, Kingfa, Silver, Shanghai Pret.
The plastic alloy market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Plastic Alloy Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Plastic Alloy Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Plastic Alloy Market - Supply Chain
4.5. Global Plastic Alloy Market Forecast
4.5.1. Plastic Alloy Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Plastic Alloy Market Size (000 Units) and Y-o-Y Growth
4.5.3. Plastic Alloy Market Absolute $ Opportunity
5. Global Plastic Alloy Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Plastic Alloy Market Size and Volume Forecast by Type
5.3.1. Physical Methods
5.3.2. Chemical Methods
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Plastic Alloy Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Plastic Alloy Market Size and Volume Forecast by Application
6.3.1. Electronic
6.3.2. Automotive
6.3.3. Construction
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Plastic Alloy Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Plastic Alloy Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Plastic Alloy Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Plastic Alloy Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Plastic Alloy Demand Share Forecast, 2019-2026
9. North America Plastic Alloy Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Plastic Alloy Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Plastic Alloy Market Size and Volume Forecast by Application
9.4.1. Electronic
9.4.2. Automotive
9.4.3. Construction
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Plastic Alloy Market Size and Volume Forecast by Type
9.7.1. Physical Methods
9.7.2. Chemical Methods
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Plastic Alloy Demand Share Forecast, 2019-2026
10. Latin America Plastic Alloy Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Plastic Alloy Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Plastic Alloy Market Size and Volume Forecast by Application
10.4.1. Electronic
10.4.2. Automotive
10.4.3. Construction
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Plastic Alloy Market Size and Volume Forecast by Type
10.7.1. Physical Methods
10.7.2. Chemical Methods
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Plastic Alloy Demand Share Forecast, 2019-2026
11. Europe Plastic Alloy Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Plastic Alloy Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Plastic Alloy Market Size and Volume Forecast by Application
11.4.1. Electronic
11.4.2. Automotive
11.4.3. Construction
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Plastic Alloy Market Size and Volume Forecast by Type
11.7.1. Physical Methods
11.7.2. Chemical Methods
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Plastic Alloy Demand Share, 2019-2026
12. Asia Pacific Plastic Alloy Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Plastic Alloy Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Plastic Alloy Market Size and Volume Forecast by Application
12.4.1. Electronic
12.4.2. Automotive
12.4.3. Construction
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Plastic Alloy Market Size and Volume Forecast by Type
12.7.1. Physical Methods
12.7.2. Chemical Methods
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Plastic Alloy Demand Share, 2019-2026
13. Middle East & Africa Plastic Alloy Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Plastic Alloy Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Plastic Alloy Market Size and Volume Forecast by Application
13.4.1. Electronic
13.4.2. Automotive
13.4.3. Construction
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Plastic Alloy Market Size and Volume Forecast by Type
13.7.1. Physical Methods
13.7.2. Chemical Methods
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Plastic Alloy Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Plastic Alloy Market: Market Share Analysis
14.2. Plastic Alloy Distributors and Customers
14.3. Plastic Alloy Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Radici
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sabic Innovative Plastics
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Du Pont
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lanxess
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Rhodia
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kingfa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Silver
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shanghai Pret
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
