- Nylon
- Polyester and Synthetic Fibers
- Polyethylene
- Polypropylene
- Polyurethane
- Rubber Bioplastics
- Expandable Polystyrene
- Polystyrene
- Polycarbonate
- Acrylonitrile Butadiene Styrene (ABS)
Plastics And Polymers Market size was valued at USD 560.8 billion in 2022 and is expected to reach USD 794.4 billion by 2029, at a CAGR of 5.1% from 2023-2029. Some of the key factors influencing the market growth include growing income and rising demand from the end-user segments, increasing urbanization, consumer preference and changing food practices to store food products, rising demand for plastics across several vertical industries, and increasing research and development for new innovations. However, rising concerns regarding recyclability, better alternatives respective to plastic polymers, and strict government regulations are hampering the market growth. This report studies global plastics and polymers market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global plastics and polymers market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition.
Global Plastics And Polymers Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.1%
Largest Market
North-America
Fastest Growing Market
Asia-Pacific
Plastics And Polymers Market Dynamics
Evaporative cooling technology has been used in the food industry for many years. Evaporative cooling is the greatest energy-efficient and environmentally friendly climate resistor system used for temperature help within the food manufacturing sector. Cooling through evaporation is not without precedent in nature, the perfect and most simple example being human perspiration. As perspiration evaporates it absorbs heat, while cooling bodies at the same time. The same principle applies to evaporative cooling of machinery and buildings. This technology is also renowned system to be a capable and economical means for decreasing the temperature and increasing the relative humidity in an enclosure and this effect has been broadly tried for increasing the shelf life of horticultural produce in some tropical and subtropical countries. Evaporative cooling is an environmental friendly air conditioning system that operates using induced processes of heat and mass transfer where water and air are working fluids.
Asia-Pacific got Significant Share
Plastics And Polymers Market Regional Analysis
Asia Pacific accounted for larger revenue share in global market with considerable CAGR. The growth in this region is due to rising constructional projects and automotive industries. China and Japan are the major contributors for the growth of the market in the region. North America held substantial market share during estimated period owing to continuous focus on developing sustainable alternatives. Culture of consuming frozen and packaged foods is the other major factor responsible for the market growth.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Global Plastics And Polymers Market Segmentation
By Type
By Application
- Coatings
- Lubricants
- Consumer goods
- Aerospace
- Building materials
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
Frequently Asked Questions
The plastics and polymers market size was valued at USD 560.8 million in 2022
The plastics and polymers market key players are: Arkema Celanese Corporation BASF Bayer Material Science Chi Mei Corporation Dow Chemical Company I. du Pont de Nemours and Company Eastman Chemical Company ExxonMobil Corporation Formosa Plastic Group Lyondell Basell Industries Mitsubishi Chemical Holdings Corporation SABIC Total SA
The plastics and polymers market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Plastics And Polymers Market Introduction |
| 2.1.Global Plastics And Polymers Market - Taxonomy |
| 2.2.Global Plastics And Polymers Market - Definitions |
| 2.2.1.Type |
| 2.2.2. Application |
| 2.2.3.Geography |
| 2.2.4.Region |
| 3. Global Plastics And Polymers Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Plastics And Polymers Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Plastics And Polymers Market By Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Nylon |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Polyester and Synthetic Fibers |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Polyethylene |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Polypropylene |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Polyurethane |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Rubber Bioplastics |
| 5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Expandable Polystyrene |
| 5.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 5.8. Polystyrene |
| 5.8.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.8.3. Market Opportunity Analysis |
| 5.9. Polycarbonate |
| 5.9.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.9.3. Market Opportunity Analysis |
| 5.10. Acrylonitrile Butadiene Styrene (ABS) |
| 5.10.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.10.3. Market Opportunity Analysis |
| 6. Global Plastics And Polymers Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Coatings |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Lubricants |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Consumer goods |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Aerospace |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Building materials |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Global Plastics And Polymers Market By Geography, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Plastics And Polymers Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Plastics And Polymers Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Nylon |
| 9.1.2.Polyester and Synthetic Fibers |
| 9.1.3.Polyethylene |
| 9.1.4.Polypropylene |
| 9.1.5.Polyurethane |
| 9.1.6.Rubber Bioplastics |
| 9.1.7.Expandable Polystyrene |
| 9.1.8.Polystyrene |
| 9.1.9.Polycarbonate |
| 9.1.10.Acrylonitrile Butadiene Styrene (ABS) |
| 9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Coatings |
| 9.2.2.Lubricants |
| 9.2.3.Consumer goods |
| 9.2.4.Aerospace |
| 9.2.5.Building materials |
| 9.3. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.North America |
| 9.3.2.Europe |
| 9.3.3.Asia Pacific |
| 9.3.4.Latin America |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Plastics And Polymers Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Nylon |
| 10.1.2.Polyester and Synthetic Fibers |
| 10.1.3.Polyethylene |
| 10.1.4.Polypropylene |
| 10.1.5.Polyurethane |
| 10.1.6.Rubber Bioplastics |
| 10.1.7.Expandable Polystyrene |
| 10.1.8.Polystyrene |
| 10.1.9.Polycarbonate |
| 10.1.10.Acrylonitrile Butadiene Styrene (ABS) |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Coatings |
| 10.2.2.Lubricants |
| 10.2.3.Consumer goods |
| 10.2.4.Aerospace |
| 10.2.5.Building materials |
| 10.3. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.North America |
| 10.3.2.Europe |
| 10.3.3.Asia Pacific |
| 10.3.4.Latin America |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Plastics And Polymers Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Nylon |
| 11.1.2.Polyester and Synthetic Fibers |
| 11.1.3.Polyethylene |
| 11.1.4.Polypropylene |
| 11.1.5.Polyurethane |
| 11.1.6.Rubber Bioplastics |
| 11.1.7.Expandable Polystyrene |
| 11.1.8.Polystyrene |
| 11.1.9.Polycarbonate |
| 11.1.10.Acrylonitrile Butadiene Styrene (ABS) |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Coatings |
| 11.2.2.Lubricants |
| 11.2.3.Consumer goods |
| 11.2.4.Aerospace |
| 11.2.5.Building materials |
| 11.3. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.North America |
| 11.3.2.Europe |
| 11.3.3.Asia Pacific |
| 11.3.4.Latin America |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Plastics And Polymers Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Nylon |
| 12.1.2.Polyester and Synthetic Fibers |
| 12.1.3.Polyethylene |
| 12.1.4.Polypropylene |
| 12.1.5.Polyurethane |
| 12.1.6.Rubber Bioplastics |
| 12.1.7.Expandable Polystyrene |
| 12.1.8.Polystyrene |
| 12.1.9.Polycarbonate |
| 12.1.10.Acrylonitrile Butadiene Styrene (ABS) |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Coatings |
| 12.2.2.Lubricants |
| 12.2.3.Consumer goods |
| 12.2.4.Aerospace |
| 12.2.5.Building materials |
| 12.3. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.North America |
| 12.3.2.Europe |
| 12.3.3.Asia Pacific |
| 12.3.4.Latin America |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Plastics And Polymers Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Nylon |
| 13.1.2.Polyester and Synthetic Fibers |
| 13.1.3.Polyethylene |
| 13.1.4.Polypropylene |
| 13.1.5.Polyurethane |
| 13.1.6.Rubber Bioplastics |
| 13.1.7.Expandable Polystyrene |
| 13.1.8.Polystyrene |
| 13.1.9.Polycarbonate |
| 13.1.10.Acrylonitrile Butadiene Styrene (ABS) |
| 13.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Coatings |
| 13.2.2.Lubricants |
| 13.2.3.Consumer goods |
| 13.2.4.Aerospace |
| 13.2.5.Building materials |
| 13.3. Geography Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.North America |
| 13.3.2.Europe |
| 13.3.3.Asia Pacific |
| 13.3.4.Latin America |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Arkema Celanese Corporation |
| 14.2.2.BASF |
| 14.2.3.Bayer Material Science |
| 14.2.4.Chi Mei Corporation |
| 14.2.5.Dow Chemical Company |
| 14.2.6.I. du Pont de Nemours and Company |
| 14.2.7.Eastman Chemical Company |
| 14.2.8.ExxonMobil Corporation |
| 14.2.9.Formosa Plastic Group |
| 14.2.10.Lyondell Basell Industries |
| 14.2.11.Mitsubishi Chemical Holdings Corporation |
| 14.2.12.SABIC |
| 14.2.13.Total SA |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Arkema Celanese Corporation
- BASF
- Bayer Material Science
- Chi Mei Corporation
- Dow Chemical Company
- I. du Pont de Nemours and Company
- Eastman Chemical Company
- ExxonMobil Corporation
- Formosa Plastic Group
- Lyondell Basell Industries
- Mitsubishi Chemical Holdings Corporation
- SABIC
- Total SA