The global plastic resins market size is expected to reach US$ 960 billion by 2030 from US$ 682.50 billion in 2020 and is expected to grow at an impressive double-digit rate of 4.7% from 2021 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global plastic resins Market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.
The global plastic resins market research report gives a brief summary of definitions, size analysis and place of production, sales, applications, types, and major players/key vendors of the plastic resins industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace.
This research study also integrates Industry Chain analysis and Porter's Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Growth Factors
Increasing demand from the industries such as automotive, construction, electrical & electronics is the key factor that drives the market growth for plastic resins market. Plastic resins are frequently used in the automotive industry for the applications that include under-the-hood components, interiors, and exteriors of automobiles. Further along with inexpensive multi-utility models of vehicles are likely to propel the demand for plastic resins in the automotive industry.
Some of the prominent players in the Plastic Resins Market include:
- SABIC
- BASF SE
- Dow Inc.
- Sumitomo Chemical
- Evonik Industries
- Arkema
- Teijin Limited
- Eastman Chemical Company
- Celanese Corporation
- Chevron Phillips Chemical Co., LLC
- Exxon Mobil Corporation
- Lotte Chemical Corporation
- Formosa Plastics Corporation
- Toray Industries, Inc.
- Covestro AG
- Mitsui & Co. Plastics Ltd.
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Segments Covered in the Report
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For the purpose of this study, Precedence Research has segmented the global Plastic Resins Market report on the basis of product, application, and region:
By Product Outlook
Crystalline
- Polyethylene
- Epoxy
- Polypropylene
Engineering Plastic
- Nylon
- Polycarbonate (PC)
- Polybutylene Terephthalate (PBT)
- Polyamide
Non-crystalline
- Polystyrene (PS)
- Polyvinyl Chloride (PVC)
- Polymethyl Methacrylate (PMMA)
- Acrylonitrile Butadiene Styrene (ABS)
Super Engineering Plastic
- Polyether Ether Ketone (PEEK)
- Polyphenylene Sulfide (PPS)
- Liquid Crystal Polymer (LCP)
By Application Outlook
Automotive
Packaging
- Beverage
- Retail
- Food
- Medical
- Others
Construction
Consumer Goods
Logistics
Electrical & Electronics
- Electronic Materials
- OA Equipment & Home Appliances
- Others
Textiles & Clothing
- Industrial use
- Clothing
- Others
Agriculture
Furniture & Bedding
Medical Devices
Others
Regional Analysis:
The geographical analysis of the global plastic resins market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American market is again segmented into the US, Canada, and Mexico. Coming to the European market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global plastic resins Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Why should you invest in this report?
If you are aiming to enter the global plastic resins market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for plastic resins are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Key Questions Answered by the Report:
- What will be the size of the global plastic resins market in 2030?
- What is the expected CAGR for the plastic resins market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global plastic resins market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Plastic Resins Market, By Product
7.1. Plastic Resins Market, by Product Type, 2021-2030
7.1.1. Crystalline
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Engineering Plastic
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Non-crystalline
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Super Engineering Plastic
7.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Plastic Resins Market, By Application
8.1. Plastic Resins Market, by Application, 2021-2030
8.1.1. Electronics & Electrical
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Automotive
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Packaging
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Construction
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. Textiles & Clothing
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Agriculture
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Consumer Goods
8.1.7.1. Market Revenue and Forecast (2017-2030)
8.1.8. Medical Devices
8.1.8.1. Market Revenue and Forecast (2017-2030)
8.1.9. Furniture & Bedding
8.1.9.1. Market Revenue and Forecast (2017-2030)
8.1.10. Others
8.1.10.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Plastic Resins Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.2. Market Revenue and Forecast, by Application (2017-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.1.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.2.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.3.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.4.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
9.4.6.2. Market Revenue and Forecast, by Application (2017-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.2. Market Revenue and Forecast, by Application (2017-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.3.2. Market Revenue and Forecast, by Application (2017-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2017-2030)
9.5.4.2. Market Revenue and Forecast, by Application (2017-2030)
Chapter 10. Company Profiles
10.1. BASF SE
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. SABIC
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Dow Inc.
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Sumitomo Chemical
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Evonik Industries
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Arkema
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Teijin Limited
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Eastman Chemical Company
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Celanese Corporation
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Chevron Phillips Chemical Co., LLC
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
10.11. Exxon Mobil Corporation
10.11.1. Company Overview
10.11.2. Product Offerings
10.11.3. Financial Performance
10.11.4. Recent Initiatives
10.12. Lotte Chemical Corporation
10.12.1. Company Overview
10.12.2. Product Offerings
10.12.3. Financial Performance
10.12.4. Recent Initiatives
10.13. Formosa Plastics Corporation
10.13.1. Company Overview
10.13.2. Product Offerings
10.13.3. Financial Performance
10.13.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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