Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Plastic Pellet Market by Type (LDPE, PET, HDPE, PE, PVC, PP, ABS, Other), By Application (Automotive, Construction, Electronics, Machinery, Packaging) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Plastic Pellet Market by Type (LDPE, PET, HDPE, PE, PVC, PP, ABS, Other), By Application (Automotive, Construction, Electronics, Machinery, Packaging) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 134955 3300 Chemical & Material 377 232 Pages 4.8 (35)

Market Overview:

The global plastic pellet market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plastic pellets from various end-use industries, such as automotive, construction, electronics, and packaging. In terms of type, LDPE is expected to lead the global market during the forecast period owing to its properties such as toughness and flexibility. In terms of application, automotive is expected to be one of the fastest-growing segments in the global market due to rising demand for lightweight vehicles across regions.

Global Plastic Pellet Industry Outlook

Product Definition:

A plastic pellet is a small, round piece of plastic that is used to make things like bottles and containers. It is melted down and formed into the desired shape.


LDPE (Low-Density Polyethylene) is a thermoplastic polymer, produced from the catalytic polymerization of ethylene. It has high resistance to solvents and possesses excellent low-temperature properties. LDPE is widely used in various applications including packaging, consumer goods, industrial products & equipment and automotive components owing to its superior characteristics such as lightweight & high impact strength along with good chemical resistance at elevated temperatures.


PET is Polyethylene Terephthalate, a non-toxic, lightweight & flexible plastic with high resistance to solvents. It offers excellent mechanical strength and thermal stability making it ideal for manufacturing of bottles & containers in various sizes and shapes.

Application Insights:

The automotive application segment led the global plastic pellet market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Plastic pellets are used for manufacturing automobile parts such as engine components, interior compartments, exterior body panels, and lighting systems using high-temperature plastics.

Automotive applications include passenger cars (light vehicles), commercial vehicles (such as trucks), heavy-duty vehicles (such as buses or coaches) and off-roaders. Increasing demand for lightweight materials has resulted in an increased use of plastic pellets in automotive applications owing to their properties such as impact resistance & durability along with cost reduction benefits over traditional raw materials such as steel & aluminum alloys.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, which has resulted in an increased demand for plastic pellets from various end-use industries. China is a major consumer and producer of these products owing to its abundant raw material supply coupled with low labor cost.

The Asia Pacific was followed by Europe, which accounted for a share of more than 20% in terms of volume consumed in 2017 due to high automotive production levels coupled with construction activities across several countries including Russia, Italy, Germany and France among others.

Growth Factors:

  • Increasing demand from packaging and automotive industries
  • Rising awareness about the benefits of using recycled plastic pellets
  • Growing popularity of 3D printing technology
  • Proliferation of plastics recycling facilities worldwide
  • Technological advancements in manufacturing processes

Scope Of The Report

Report Attributes

Report Details

Report Title

Plastic Pellet Market Research Report

By Type


By Application

Automotive, Construction, Electronics, Machinery, Packaging

By Companies

Dow, BASF, Dupont, ExxonMobil, Sabic, LG Chemical, Chevron Phillips Chemical, Lyondellbasell, Formosa, INEOS

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Plastic Pellet Market Report Segments:

The global Plastic Pellet market is segmented on the basis of:



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.


Automotive, Construction, Electronics, Machinery, Packaging

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:

  1. Dow
  2. BASF
  3. Dupont
  4. ExxonMobil
  5. Sabic
  6. LG Chemical
  7. Chevron Phillips Chemical
  8. Lyondellbasell
  9. Formosa
  10. INEOS

Global Plastic Pellet Market Overview

Highlights of The Plastic Pellet Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. LDPE
    2. PET
    3. HDPE
    4. PE
    5. PVC
    6. PP
    7. ABS
    8. Other
  1. By Application:

    1. Automotive
    2. Construction
    3. Electronics
    4. Machinery
    5. Packaging
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Plastic Pellet 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

Global Plastic Pellet Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

A plastic pellet is a small, round object made from polyethylene or other plastics. They are used in products such as food packaging and toys.

Some of the major companies in the plastic pellet market are Dow, BASF, Dupont, ExxonMobil, Sabic, LG Chemical, Chevron Phillips Chemical, Lyondellbasell, Formosa, INEOS.

The plastic pellet market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Plastic Pellet 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 Pellet Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Plastic Pellet Market - Supply Chain
   4.5. Global Plastic Pellet Market Forecast
      4.5.1. Plastic Pellet Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Plastic Pellet Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Plastic Pellet Market Absolute $ Opportunity

5. Global Plastic Pellet 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 Pellet Market Size and Volume Forecast by Type
      5.3.1. LDPE
      5.3.2. PET
      5.3.3. HDPE
      5.3.4. PE
      5.3.5. PVC
      5.3.6. PP
      5.3.7. ABS
      5.3.8. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Plastic Pellet 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 Pellet Market Size and Volume Forecast by Application
      6.3.1. Automotive
      6.3.2. Construction
      6.3.3. Electronics
      6.3.4. Machinery
      6.3.5. Packaging
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Plastic Pellet 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 Pellet 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 Pellet 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 Pellet 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 Pellet Demand Share Forecast, 2019-2029

9. North America Plastic Pellet 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 Pellet 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 Pellet Market Size and Volume Forecast by Application
      9.4.1. Automotive
      9.4.2. Construction
      9.4.3. Electronics
      9.4.4. Machinery
      9.4.5. Packaging
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Plastic Pellet Market Size and Volume Forecast by Type
      9.7.1. LDPE
      9.7.2. PET
      9.7.3. HDPE
      9.7.4. PE
      9.7.5. PVC
      9.7.6. PP
      9.7.7. ABS
      9.7.8. Other
   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 Pellet Demand Share Forecast, 2019-2029

10. Latin America Plastic Pellet 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 Pellet 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 Pellet Market Size and Volume Forecast by Application
      10.4.1. Automotive
      10.4.2. Construction
      10.4.3. Electronics
      10.4.4. Machinery
      10.4.5. Packaging
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Plastic Pellet Market Size and Volume Forecast by Type
      10.7.1. LDPE
      10.7.2. PET
      10.7.3. HDPE
      10.7.4. PE
      10.7.5. PVC
      10.7.6. PP
      10.7.7. ABS
      10.7.8. Other
   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 Pellet Demand Share Forecast, 2019-2029

11. Europe Plastic Pellet 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 Pellet 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 Pellet Market Size and Volume Forecast by Application
      11.4.1. Automotive
      11.4.2. Construction
      11.4.3. Electronics
      11.4.4. Machinery
      11.4.5. Packaging
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Plastic Pellet Market Size and Volume Forecast by Type
      11.7.1. LDPE
      11.7.2. PET
      11.7.3. HDPE
      11.7.4. PE
      11.7.5. PVC
      11.7.6. PP
      11.7.7. ABS
      11.7.8. Other
   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 Pellet Demand Share, 2019-2029

12. Asia Pacific Plastic Pellet 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 Pellet 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 Pellet Market Size and Volume Forecast by Application
      12.4.1. Automotive
      12.4.2. Construction
      12.4.3. Electronics
      12.4.4. Machinery
      12.4.5. Packaging
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Plastic Pellet Market Size and Volume Forecast by Type
      12.7.1. LDPE
      12.7.2. PET
      12.7.3. HDPE
      12.7.4. PE
      12.7.5. PVC
      12.7.6. PP
      12.7.7. ABS
      12.7.8. Other
   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 Pellet Demand Share, 2019-2029

13. Middle East & Africa Plastic Pellet 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 Pellet 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 Pellet Market Size and Volume Forecast by Application
      13.4.1. Automotive
      13.4.2. Construction
      13.4.3. Electronics
      13.4.4. Machinery
      13.4.5. Packaging
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Plastic Pellet Market Size and Volume Forecast by Type
      13.7.1. LDPE
      13.7.2. PET
      13.7.3. HDPE
      13.7.4. PE
      13.7.5. PVC
      13.7.6. PP
      13.7.7. ABS
      13.7.8. Other
   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 Pellet Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Plastic Pellet Market: Market Share Analysis
   14.2. Plastic Pellet Distributors and Customers
   14.3. Plastic Pellet Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Dow Overview Financials Developments Strategic Outlook
      14.4.2. BASF Overview Financials Developments Strategic Outlook
      14.4.3. Dupont Overview Financials Developments Strategic Outlook
      14.4.4. ExxonMobil Overview Financials Developments Strategic Outlook
      14.4.5. Sabic Overview Financials Developments Strategic Outlook
      14.4.6. LG Chemical Overview Financials Developments Strategic Outlook
      14.4.7. Chevron Phillips Chemical Overview Financials Developments Strategic Outlook
      14.4.8. Lyondellbasell Overview Financials Developments Strategic Outlook
      14.4.9. Formosa Overview Financials Developments Strategic Outlook
      14.4.10. INEOS Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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