Industrial Plastics Market: By Type, Polyphenylene Ether, Polybutylene Terephthalate, Polyamide, Polyether Ether Ketone, Polysulfone, Liquid Crystal Polymers, Polyphenylsulfone, Polytetrafluoroethylene, Polyetherimide, Polycarbonate, and Others), By Application, By End User, and Region Forecast 2019-2030.
Industrial Plastics Market size was valued at US$ 83,728.5 million in 2023 and is anticipated to grow at a CAGR of 4.7% during the forecast period (2024-2030). The industrial plastics market is propelled by the growing need in sectors like packaging, construction, and automotive for robust and lightweight materials. Plastics contribute to lighter vehicles, increased fuel economy, and affordable solutions for a range of uses. Restraints, however, include strict laws, growing emphasis on sustainability, and environmental worries over plastic waste. The development of recyclable and bio-based plastics presents opportunities since they may help allay these worries and grow the industry. The development of 3D printing technology, the growing usage of high-performance polymers in the aerospace industry, and advancements in bioplastics are some trends. Sustainability initiatives and circular economy techniques are also seeing a shift in the market.
The industrial plastics market size is inclusive of several companies such as BASF SE, SABIC, Dow, Inc., DuPont, Evonik Industries AG, Sumitomo Chemical Co., Ltd., Arkema, Celanese Corporation, Eastman Chemical Company, Chevron Phillips Chemical Co., LLC, Lotte Chemical Corporation, Exxon Mobil Corporation, Formosa Plastics Corporation, Covestro AG, Toray Industries, Inc., Mitsui & Co. Plastics Ltd., TEIJIN LIMITED, INEOS Group, Eni S.p.A., LG Chem, LANXESS, CHIMEI, Huntsman International LLC, Chevron Phillips Chemical Co., LLC. LyondellBasell Industries Holdings B.V., and RTP Company.
• MKS Plastics declared that they will be investing 14 million dollars to expand its Tangipahoa Parish production site. The business plans to double its manufacturing capacity in addition to serving clients in the chemical and petroleum industries.
• Asia Pacific dominated the industrial plastic market in 2023.
• By product, the polyamide segment contributed more than 41% of market share in 2023.
• By product, the Polycarbonate segment is anticipated to grow significantly in the market during the forecast period.
• By application, the disposables emerged application segment dominated the market in 2023.
• In December 2023, the announcement was made by Biesterfeld AG and Celanese Corporation to broaden its distribution alliance in order to better serve the plastics markets in Europe, the Middle East and Africa, Southeast Asia, and Brazil.
• In 2023, Hindustan Unilever, on the leading customer goods companies in India, and the United Nation Development programme (UNDP) India, collaborate to launch a groundbreaking projected focus on creating a plastic circular economy.
By Type: Polyethylene (PE) is the most common product type in the industrial plastics market. Its adaptability, affordability, and extensive variety of applications across several sectors account for its supremacy. Because of its flexibility, resilience, and light weight, polyethylene is widely utilized in packaging, from films and bags to containers. It is also used in consumer items, automobile parts, and building materials. Manufacturers find it very valuable because of its resilience to chemicals and simplicity of processing. The global leadership of polyethylene in the industrial plastics sector is further cemented by the ongoing need for packaging solutions, particularly in the food and beverage sector.
By Application: Injection molding is the most widely used method in the industrial plastics market because of its adaptability, effectiveness, and capacity to create intricately designed, high-quality parts. Injection molding is a popular option for mass manufacturing as it is widely employed in sectors including automotive, electronics, and packaging. Its supremacy stems from its versatility in working with different types of plastics and its ability to produce precise components with low waste. In addition, the technique allows a high degree of automation, which lowers labor costs and boosts output, so reinforcing its position as the industry leader.
By End User: Due to its widespread use of plastic components in the construction of vehicles, the automotive sector holds a leading position in the market for industrial plastics. Because plastics are lightweight and minimize pollution and fuel consumption, they are chosen. Plastics also provide durability, versatility in design, and resistance to corrosion, which makes them perfect for a variety of automobile elements, such as dashboards, exterior trims, bumpers, and interior components. The automotive industry's dominance in the industrial plastics market is further driven by the growing demand for electric vehicles (EVs), which also largely rely on plastic materials for energy efficiency and weight reduction.
Study Period
2024 - 2030Base Year
2023CAGR
4.7%Largest Market
Asia PacificFastest Growing Market
Asia pacific
The Industrial Plastics Market is driven by increased demand from key sectors including automotive, construction, and packaging. Plastics provide a lightweight alternative to conventional materials such as metals, lowering fuel consumption in cars and allowing cost-effective solutions for many applications. Demand is being greatly increased by the transition in transportation towards electric cars and lightweight materials. Furthermore, industrial plastics are indispensable in production processes due to their exceptional flexibility, durability, and adaptability. The rise of the market is also facilitated by the growth of the electronics and electrical sectors and the growing usage of plastic components in appliances and medical equipment. Innovation and expansion in this industry are being further propelled by developments in 3D printing and other new technologies.
The Industrial Plastics Market is growing, but there are major obstacles in its way because of growing environmental concerns about pollution and plastic waste. The market is facing difficulties from the growing emphasis on sustainability and the tightening restrictions meant to cut down on the use of plastic. Biodegradable or recyclable materials are being promoted as alternatives to typical plastics by governments and environmental organizations. Furthermore, the price volatility of raw materials, especially those derived from petroleum, has an impact on the industrial plastics cost structure. Manufacturers are under pressure to move toward sustainable solutions as a result of rising consumer awareness of environmental issues and demand for eco-friendly products, which further limits the market for conventional plastic uses.
The growing development of recyclable and bio-based plastics, which addresses environmental concerns and fuels demand for sustainable alternatives, presents significant prospects for the industrial plastics market. Growing expenditures in eco-friendly material R&D offer growth opportunities, especially in the packaging and automotive industries where sustainability is a major priority. Further development opportunities are created by the expanding uses of industrial plastics in the electronics, aerospace, and medical industries. Furthermore, the efforts of the circular economy, which emphasize the recycling and reuse of plastic trash to reduce it, are in line with the objectives of global sustainability and present companies with a chance to create environmentally friendly products that satisfy both customer and regulatory demands.
The market for industrial plastics is being shaped by several developments. Industrial plastics are a key component of the revolution in production processes brought about by the development of 3D printing technology. The strength and lightweight characteristics of high-performance polymers are making them more popular in the automotive and aerospace sectors. In order to achieve sustainability goals, there is also an increasing emphasis on the development of bioplastics and recycled plastics. Reducing plastic waste and prioritizing recycling are driving organizations to embrace circular economy strategies. The need for industrial plastics is also being driven by advancements in electrical insulation materials and smart packaging.
The U.S. Industrial Plastics Market is expanding rapidly due to demand from the construction, automotive, and packaging industries. The car industry's growing emphasis on lightweight materials to lower emissions and increase fuel economy has greatly increased demand for industrial plastics. Furthermore, the requirement for strong and adaptable materials like plastics in the construction sector is being driven by U.S. government infrastructure programs. The growth of the market is also assisted by the packaging sector, which is impacted by the emergence of consumer products and e-commerce. However, there are obstacles to overcome due to the increasing environmental restrictions and customer preference for recyclable, sustainable plastics. As a result, businesses are being forced to innovate and provide eco-friendly alternatives in order to fulfil the expanding demand.
Europe and Asia-Pacific are two areas where the industrial plastics market is expanding rapidly. Due to their fast industrialization, growing automotive sectors, and thriving building industries, Asia-Pacific, especially China and India, leads. The expanding middle class and increased e-commerce activity in the area are also beneficial to the packaging industry. Strict environmental laws in Europe spur innovation in recyclable and biodegradable plastics, and demand is further fuelled by the electronics and automobile sectors. Emerging markets like Latin America and the Middle East are propelled by more industrialization and infrastructural development, but they also confront issues with managing plastic trash and maintaining a sustainable environment.
The industrial plastics market in Asia Pacific is expanding at the quickest rate among the regions. Significant improvements are being driven by the rapid industrialization and infrastructural development occurring throughout emerging nations. China and India, with their significant populations and increasing plastics-dependent industrial sectors, offer substantial commercial potential. Competitive operating expenses are another benefit of these emerging markets for plastic manufacturers looking to grow regionally and increase their market share. Furthermore, thanks to its enormous manufacturing capacity and low product pricing, Asia Pacific is a net exporter of plastic goods to other regions of the world.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
|
Report Study Period |
2024 - 2030 |
|
Market Size in 2023 |
US$ 83,728.5 million |
|
Market CAGR |
4.7% |
|
By Type |
|
|
By Application |
|
|
By End User |
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The industrial plastics market is expanding steadily due to rising demand from sectors including electronics, construction, automotive, and packaging. Because of their affordability, toughness, and adaptability, plastics are used in a wide range of applications. Environmental issues, however, present serious difficulties, particularly when it comes to plastic waste and sustainability. Businesses are concentrating on developments in biodegradable and recyclable plastics to comply with customer demands and legal constraints. Developed regions like North America and Europe concentrate on eco-friendly solutions, while emerging markets in Asia-Pacific and Latin America have significant development prospects. It is expected that the market would shift in combination with environmental initiatives and technology breakthroughs.
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The global industrial plastics market size was valued at US$ 83,728.5 million in 2023 and is anticipated to grow at a CAGR of 4.7% during the forecast period (2024-2030).
• Increasing demand for automotive industry
• Raising application in construction and infrastructure
• Growth in packaging application
• Technological advancement in plastic manufacturing
• Growing adaption of biodegradable and sustainable practice
• Expansion in 3D applications using industrial practice
• Increasing use of recycled plastics in manufacturing
BASF SE, SABIC, Dow, Inc., DuPont, Evonik Industries AG, Sumitomo Chemical Co., Ltd., Arkema, Celanese Corporation, Eastman Chemical Company, Chevron Phillips Chemical Co., LLC, Lotte Chemical Corporation, Exxon Mobil Corporation, Formosa Plastics Corporation, and others are the companies in the industrial plastics market.
| 1. Executive Summary |
| 2. Global Industrial Plastics Market Introduction |
| 2.1.Global Industrial Plastics Market - Taxonomy |
| 2.2.Global Industrial Plastics Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.End Users |
| 2.2.4.Region |
| 3. Global Industrial Plastics 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 Industrial Plastics Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Industrial Plastics Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Acrylonitrile Butadiene Styrene (ABS) |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Polyphenylene Ether |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Polybutylene Terephthalate (PBT) |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Polyamide |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Polyether ether ketone (PEEK) |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Polysulfone (PSU) |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Liquid Crystal Polymers |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Polyphenylsulfone (PPSU) |
| 5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Polytetrafluoroethylene (PTFE) |
| 5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Polyetherimide |
| 5.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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 |
| 5.11. Polycarbonate |
| 5.11.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.11.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.11.3. Market Opportunity Analysis |
| 5.12. Others |
| 5.12.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.12.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.12.3. Market Opportunity Analysis |
| 6. Global Industrial Plastics Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Injection Molding |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Blow Molding |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Roto Molding |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Compression Molding |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Casting |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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 |
| 6.6. Thermoforming |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Extrusion |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Calendering |
| 6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 6.9. Others |
| 6.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.9.3. Market Opportunity Analysis |
| 7. Global Industrial Plastics Market By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Packaging |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Building & construction |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Electrical & electronics |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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. Automotive |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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 |
| 7.5. Medical devices |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Agricultur |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Furniture & bedding |
| 7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 7.8. Consumer goods |
| 7.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.8.3. Market Opportunity Analysis |
| 7.9. Utility |
| 7.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.9.3. Market Opportunity Analysis |
| 7.10. Others |
| 7.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.10.3. Market Opportunity Analysis |
| 8. Global Industrial Plastics Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (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, 2019 - 2023 and Forecast, 2024 - 2030, (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, 2019 - 2023 and Forecast, 2024 - 2030, (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, 2019 - 2023 and Forecast, 2024 - 2030, (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, 2019 - 2023 and Forecast, 2024 - 2030, (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 Industrial Plastics Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Acrylonitrile Butadiene Styrene (ABS) |
| 9.1.2.Polyphenylene Ether |
| 9.1.3.Polybutylene Terephthalate (PBT) |
| 9.1.4.Polyamide |
| 9.1.5.Polyether ether ketone (PEEK) |
| 9.1.6.Polysulfone (PSU) |
| 9.1.7.Liquid Crystal Polymers |
| 9.1.8.Polyphenylsulfone (PPSU) |
| 9.1.9.Polytetrafluoroethylene (PTFE) |
| 9.1.10.Polyetherimide |
| 9.1.11.Polycarbonate |
| 9.1.12.Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Injection Molding |
| 9.2.2.Blow Molding |
| 9.2.3.Roto Molding |
| 9.2.4.Compression Molding |
| 9.2.5.Casting |
| 9.2.6.Thermoforming |
| 9.2.7.Extrusion |
| 9.2.8.Calendering |
| 9.2.9.Others |
| 9.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Packaging |
| 9.3.2.Building & construction |
| 9.3.3.Electrical & electronics |
| 9.3.4.Automotive |
| 9.3.5.Medical devices |
| 9.3.6.Agricultur |
| 9.3.7.Furniture & bedding |
| 9.3.8.Consumer goods |
| 9.3.9.Utility |
| 9.3.10.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 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 Industrial Plastics Market ,2019 - 2023 and Forecast 2024 - 2030 (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.Acrylonitrile Butadiene Styrene (ABS) |
| 10.1.2.Polyphenylene Ether |
| 10.1.3.Polybutylene Terephthalate (PBT) |
| 10.1.4.Polyamide |
| 10.1.5.Polyether ether ketone (PEEK) |
| 10.1.6.Polysulfone (PSU) |
| 10.1.7.Liquid Crystal Polymers |
| 10.1.8.Polyphenylsulfone (PPSU) |
| 10.1.9.Polytetrafluoroethylene (PTFE) |
| 10.1.10.Polyetherimide |
| 10.1.11.Polycarbonate |
| 10.1.12.Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Injection Molding |
| 10.2.2.Blow Molding |
| 10.2.3.Roto Molding |
| 10.2.4.Compression Molding |
| 10.2.5.Casting |
| 10.2.6.Thermoforming |
| 10.2.7.Extrusion |
| 10.2.8.Calendering |
| 10.2.9.Others |
| 10.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Packaging |
| 10.3.2.Building & construction |
| 10.3.3.Electrical & electronics |
| 10.3.4.Automotive |
| 10.3.5.Medical devices |
| 10.3.6.Agricultur |
| 10.3.7.Furniture & bedding |
| 10.3.8.Consumer goods |
| 10.3.9.Utility |
| 10.3.10.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 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) Industrial Plastics Market ,2019 - 2023 and Forecast 2024 - 2030 (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.Acrylonitrile Butadiene Styrene (ABS) |
| 11.1.2.Polyphenylene Ether |
| 11.1.3.Polybutylene Terephthalate (PBT) |
| 11.1.4.Polyamide |
| 11.1.5.Polyether ether ketone (PEEK) |
| 11.1.6.Polysulfone (PSU) |
| 11.1.7.Liquid Crystal Polymers |
| 11.1.8.Polyphenylsulfone (PPSU) |
| 11.1.9.Polytetrafluoroethylene (PTFE) |
| 11.1.10.Polyetherimide |
| 11.1.11.Polycarbonate |
| 11.1.12.Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Injection Molding |
| 11.2.2.Blow Molding |
| 11.2.3.Roto Molding |
| 11.2.4.Compression Molding |
| 11.2.5.Casting |
| 11.2.6.Thermoforming |
| 11.2.7.Extrusion |
| 11.2.8.Calendering |
| 11.2.9.Others |
| 11.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Packaging |
| 11.3.2.Building & construction |
| 11.3.3.Electrical & electronics |
| 11.3.4.Automotive |
| 11.3.5.Medical devices |
| 11.3.6.Agricultur |
| 11.3.7.Furniture & bedding |
| 11.3.8.Consumer goods |
| 11.3.9.Utility |
| 11.3.10.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 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) Industrial Plastics Market ,2019 - 2023 and Forecast 2024 - 2030 (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.Acrylonitrile Butadiene Styrene (ABS) |
| 12.1.2.Polyphenylene Ether |
| 12.1.3.Polybutylene Terephthalate (PBT) |
| 12.1.4.Polyamide |
| 12.1.5.Polyether ether ketone (PEEK) |
| 12.1.6.Polysulfone (PSU) |
| 12.1.7.Liquid Crystal Polymers |
| 12.1.8.Polyphenylsulfone (PPSU) |
| 12.1.9.Polytetrafluoroethylene (PTFE) |
| 12.1.10.Polyetherimide |
| 12.1.11.Polycarbonate |
| 12.1.12.Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Injection Molding |
| 12.2.2.Blow Molding |
| 12.2.3.Roto Molding |
| 12.2.4.Compression Molding |
| 12.2.5.Casting |
| 12.2.6.Thermoforming |
| 12.2.7.Extrusion |
| 12.2.8.Calendering |
| 12.2.9.Others |
| 12.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Packaging |
| 12.3.2.Building & construction |
| 12.3.3.Electrical & electronics |
| 12.3.4.Automotive |
| 12.3.5.Medical devices |
| 12.3.6.Agricultur |
| 12.3.7.Furniture & bedding |
| 12.3.8.Consumer goods |
| 12.3.9.Utility |
| 12.3.10.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 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 Industrial Plastics Market ,2019 - 2023 and Forecast 2024 - 2030 (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.Acrylonitrile Butadiene Styrene (ABS) |
| 13.1.2.Polyphenylene Ether |
| 13.1.3.Polybutylene Terephthalate (PBT) |
| 13.1.4.Polyamide |
| 13.1.5.Polyether ether ketone (PEEK) |
| 13.1.6.Polysulfone (PSU) |
| 13.1.7.Liquid Crystal Polymers |
| 13.1.8.Polyphenylsulfone (PPSU) |
| 13.1.9.Polytetrafluoroethylene (PTFE) |
| 13.1.10.Polyetherimide |
| 13.1.11.Polycarbonate |
| 13.1.12.Others |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Injection Molding |
| 13.2.2.Blow Molding |
| 13.2.3.Roto Molding |
| 13.2.4.Compression Molding |
| 13.2.5.Casting |
| 13.2.6.Thermoforming |
| 13.2.7.Extrusion |
| 13.2.8.Calendering |
| 13.2.9.Others |
| 13.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Packaging |
| 13.3.2.Building & construction |
| 13.3.3.Electrical & electronics |
| 13.3.4.Automotive |
| 13.3.5.Medical devices |
| 13.3.6.Agricultur |
| 13.3.7.Furniture & bedding |
| 13.3.8.Consumer goods |
| 13.3.9.Utility |
| 13.3.10.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 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.BASF SE |
| 14.2.2.SABIC |
| 14.2.3.Dow, Inc. |
| 14.2.4.DuPont |
| 14.2.5.Evonik Industries AG |
| 14.2.6.Sumitomo Chemical Co., Ltd. |
| 14.2.7.Arkema |
| 14.2.8.Celanese Corporation |
| 14.2.9.Eastman Chemical Company |
| 14.2.10.Chevron Phillips Chemical Co., LLC |
| 14.2.11.Lotte Chemical Corporation |
| 14.2.12.Exxon Mobil Corporation |
| 14.2.13.Formosa Plastics Corporation |
| 14.2.14.Covestro AG |
| 14.2.15.Toray Industries, Inc. |
| 14.2.16.Mitsui & Co. Plastics Ltd. |
| 14.2.17.TEIJIN LIMITED |
| 14.2.18.INEOS Group |
| 14.2.19.Eni S.p.A., LG Chem |
| 14.2.20.LANXESS, CHIMEI |
| 14.2.21.Huntsman International LLC |
| 14.2.22.Chevron Phillips Chemical Co., LLC. |
| 14.2.23.LyondellBasell Industries Holdings B.V |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.
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