Thermoplastic Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2021-2028

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Thermoplastic Market: By Type (Acrylonitrile Butadiene Styrene (ABS), Polyethylene, Polypropylene, Polystyrene, Polyvinyl Chloride, Teflon, and Others), By End User Industry (Building & Construction, Oil & Gas, Electrical & Electronics, Automotive & Transport, Agriculture, Consumer Goods, Pharmaceuticals, and Others), and Geography

 

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Report

Description

Thermoplastic market report gives comprehensive outlook on thermoplastic across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on gives historical, current, and future market sizes (US$ Mn) on the basis of type, end user industry, and region. This report studies 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 report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global thermoplastic market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global thermoplastic products. owing to increasing production of thermoplastics coupled with high market potential in countries like China, India, and others are anticipated to drive the growth of the market. Moreover, advancements in technology and expansion of production capabilities by the market players and increasing demand from the end user industries and rising manufacturing in Middle East region are expected to fuel the growth of the market. Furthermore, increasing investments by the market players and demand for automotive globally are estimated to boost the growth of the market. However, environmental concerns and availability of raw materials and fluctuations in crude oil are projected to restrain the growth of the market.


Thermoplastic Market

MARKET SUMMARY
-
x
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– x%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Europe

Thermoplastic Market Analysis

  • Thermoplastic market expanding at significant CAGR over 2022 to 2028 owing to increasing demand from end user industries.
  • Based on region, Asia Pacific accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global thermoplastic market
Market Leaders
  • Arkema
  • BASF SE
  • Convestro
  • Du Pont
  • Evonik Industries
  • LG Chem Ltd
  • Royal DSM NV
Thermoplastic Market

Drivers and Restraints

The demand for thermoplastics from end user industries such as packaging and automobiles are expected to drive the growth of the market. Increasing demand for products with better performance features coupled with stringent industry standards are expected to drive the growth of the market. In 2017, the global plastic production has reached to 355 million tonnes of which more than 65 million tonnes is only from Europe.


Thermoplastic Market Regional Analysis

Asia Pacific dominates the market

Asia Pacific accounted for larger revenue share in global thermoplastic market with significant CAGR and is expected to grow over the forecast years owing to rising demand from the end user industries coupled with high potential for the market in China and Indian region. Moreover, China is the largest producer of thermoplastics in 2018 which constituted around 30% of the overall production in the world. Asia Pacific contributes more than 50% of the production and followed by European region and North America which is expected to grow with significant CAGR over the forecast years.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2016-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and 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 startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Thermoplastic Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Arkema
  • BASF SE
  • Convestro
  • Du Pont
  • Evonik Industries
  • LG Chem Ltd
  • Royal DSM NV
  • Solvay Plastics
  • SABIC
  • Daicel Corporation
  • Eastman Chemical Company
  • Asahi Kasei Corporation.

Description

Thermoplastic market report gives comprehensive outlook on thermoplastic across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on gives historical, current, and future market sizes (US$ Mn) on the basis of type, end user industry, and region. This report studies 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 report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global thermoplastic market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global thermoplastic products. owing to increasing production of thermoplastics coupled with high market potential in countries like China, India, and others are anticipated to drive the growth of the market. Moreover, advancements in technology and expansion of production capabilities by the market players and increasing demand from the end user industries and rising manufacturing in Middle East region are expected to fuel the growth of the market. Furthermore, increasing investments by the market players and demand for automotive globally are estimated to boost the growth of the market. However, environmental concerns and availability of raw materials and fluctuations in crude oil are projected to restrain the growth of the market.

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX