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Commodity Plastics Market Worldwide Analysis, Trends, Market Size, Share, Opportunity, Major Players, and Regional Forecast Till 2026

Commodity Plastics Market [By Product Type (PE, PP, PVC, PET, PS, Others); By Application (Automotive, Consumer Goods, Electronics, Packaging, Pharmaceuticals, Textiles); By Regions]: Market size & Forecast 2026

The Global Commodity Plastics Market is estimated to grow at a CAGR of 7% during the forecast period. As per the analysis, the global market is anticipated to reach $651.8 billion by the end of the year 2026. The global market growth is supported by various driving factors such as rapid growth in demand for high performance end-use products which may include lightweight packaging materials. Also, improved standard of living in emerging regions and improving economic parameters also act as the crucial growth-driven factors for the global market.

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The Worldwide Commodity Plastics Market growth is also driven by boost in prices of metal and increasing focus of companies on innovation considering the plastic biodegradability. Moreover, increasing demand of light-weight electric vehicles have also impacted the global market significantly. The increasing shift from petroleum based plastic products to polyethylene (PE), polystyrene (PS), bio-based polyethylene terephthalate (PET) and other related products is anticipated to change the market dynamics for the long-term. The market shift is due to volatility in crude oil prices coupled with rising awareness related to environmental pollution due to large-scale usage of fossil fuels.

Segmentation Overview of the Global Commodity Plastics Market

The Global Commodity Plastics Market is segmented on the basis of Product Type and Application Sectors. These market segments are further categorized into various sub-segments to study the market in detail during the forecast period.

The Product Type Segment of the Global Commodity Plastics Market is Sub-Segmented into:

  • PE
  • Polypropylene (PP)
  • Poly Vinyl Chloride (PVC)
  • PET
  • PS

Among these, PET accounted to hold the highest market share in the Product Type segment in the year 2017, due to boost in popularity of flexible packaging and growth in demand from the packaging industry.

The Application Sectors Segment of the Global Commodity Plastics Market is Sub-Segmented into:

  • Electronics
  • Pharmaceuticals & Medical
  • Textile
  • Construction
  • Packaging
  • Automobile
  • Consumer Goods

Among these, the Packaging segment accounted as the largest shareholder in the application segment in the year 2017, due to increasing use of renewable plastics for packaging, growth in demand for flexible packaging products and technological development in packaging materials.

Geographical Overview of the Global Commodity Plastics Market

On the basis of geographical segmentation, the global commodity plastics market was studied across North America (U.S., Canada); Europe (Germany, UK, France); Asia Pacific (China, India, Japan); Latin America (Brazil, Mexico); Middle East & Africa. As per the analysis, the APAC region accounted to dominate the market in the year 2017, owing to high investments by the governments of emerging regions to boost the skilled workforce base in the market.

Key Players Insights

The Rampf Holding GmbH & Co. KG, Lubrizol Corporation, Woodbridge Foam Corp., Nippon Polyurethane Industry Corp Ltd., The Dow Chemical Co., LyondellBasell, DIC Corp & RTP Company Huntsman Corporation, Mitsubishi Chemical Corporation, INEOS, Eastman Chemical Corporation, Mitsui Chemicals Inc., BASF SE and Covestro are some major players included in the research study of the global commodity plastics market. The key market players of were studied in detail to analyze the strategical developments undertaken by companies to withhold the market position for the long-term.

Key Topics Covered

1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders

2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation

3. Commodity Plastics Market Insights
3.1. Commodity plastics– Industry snapshot
3.2. Commodity plastics -Ecosystem analysis
3.3. Commodity plastics market dynamics
3.3.1. Commodity plastics– Market Forces
3.3.1.1. Commodity plastics Market driver analysis
3.3.1.2. Commodity plastics Market restraint/challenges analysis
3.3.1.3. Commodity plastics Market opportunity analysis
3.3.2. Industry analysis – Porter’s five force
3.3.2.1. Bargaining power of supplier
3.3.2.2. Bargaining power of buyer
3.3.2.3. Threat of substitute
3.3.2.4. Threat of new entrant
3.3.2.5. Degree of competition
3.3.3. Commodity plastics market PEST analysis, 2017
3.3.4. Commodity plastics market Value Chain analysis
3.3.5. Commodity plastics Industry trends
3.3.6. Competitive Ranking Analysis

4. Commodity plastics Market Size and Forecast by Product Type
4.1. Key Findings
4.2. Polyethylene (PE)
4.2.1. Global Market Estimates and Forecasts, 2017-2026
4.3. Polypropylene (PP)
4.3.1. Global Market Estimates and Forecasts, 2017-2026
4.4. Poly vinyl chloride (PVC)
4.4.1. Global Market Estimates and Forecasts, 2017-2026
4.5. Polyethylene terephthalate (PET)
4.5.1. Global Market Estimates and Forecasts, 2017-2026
4.6. Polystyrene (PS)
4.6.1. Global Market Estimates and Forecasts, 2017-2026
4.7. Others
4.7.1. Global Market Estimates and Forecasts, 2017-2026

5. Commodity plastics Market Size and Forecast by Application Type
5.1. Key Findings
5.2. Automotive
5.2.1. Global Market Estimates and Forecasts, 2017-2026
5.3. Consumer Goods
5.3.1. Global Market Estimates and Forecasts, 2017-2026
5.4. Electronics
5.4.1. Global Market Estimates and Forecasts, 2017-2026
5.5. Packaging
5.5.1. Global Market Estimates and Forecasts, 2017-2026
5.6. Pharmaceuticals
5.6.1. Global Market Estimates and Forecasts, 2017-2026
5.7. Textiles
5.7.1. Global Market Estimates and Forecasts, 2017-2026

6. Commodity plastics Market Size and Forecast by Regions
6.1. Key findings
6.2. North America
6.2.1. Commodity plastics market by product type, 2017 – 2026
6.2.2. Commodity plastics market by application type, 2017 – 2026
6.2.3. U.S.
6.2.3.1. Commodity plastics market by product type, 2017 – 2026
6.2.3.2. Commodity plastics market by application type, 2017 – 2026
6.2.4. Canada
6.2.4.1. Commodity plastics market by product type, 2017 – 2026
6.2.4.2. Commodity plastics market by application type, 2017 – 2026
6.3. Europe
6.3.1. Commodity plastics market by product type, 2017 – 2026
6.3.2. Commodity plastics market by application type, 2017 – 2026
6.3.3. Germany
6.3.3.1. Commodity plastics market by product type, 2017 – 2026
6.3.3.2. Commodity plastics market by application type, 2017 – 2026
6.3.4. UK
6.3.4.1. Commodity plastics market by product type, 2017 – 2026
6.3.4.2. Commodity plastics market by application type, 2017 – 2026
6.3.5. France
6.3.5.1. Commodity plastics market by product type, 2017 – 2026
6.3.5.2. Commodity plastics market by application type, 2017 – 2026
6.4. Asia Pacific
6.4.1. Commodity plastics market by product type, 2017 – 2026
6.4.2. Commodity plastics market by application type, 2017 – 2026
6.4.3. China
6.4.3.1. Commodity plastics market by product type, 2017 – 2026
6.4.3.2. Commodity plastics market by application type, 2017 – 2026
6.4.4. India
6.4.4.1. Commodity plastics market by product type, 2017 – 2026
6.4.4.2. Commodity plastics market by application type, 2017 – 2026
6.4.5. Pakistan
6.4.5.1. Commodity plastics market by product type, 2017 – 2026
6.4.5.2. Commodity plastics market by application type, 2017 – 2026
6.5. Latin America
6.5.1. Commodity plastics market by product type, 2017 – 2026
6.5.2. Commodity plastics market by application type, 2017 – 2026
6.5.3. Brazil
6.5.3.1. Commodity plastics market by product type, 2017 – 2026
6.5.3.2. Commodity plastics market by application type, 2017 – 2026
6.5.4. Mexico
6.5.4.1. Commodity plastics market by product type, 2017 – 2026
6.5.4.2. Commodity plastics market by application type, 2017 – 2026
6.6. Middle East & Africa
6.6.1. Commodity plastics market by product type, 2017 – 2026
6.6.2. Commodity plastics market by application type, 2017 – 2026

7. Company Profiles
7.1. Mitsubishi Chemical
7.1.1. Overview
7.1.2. Financials
7.1.3. Product Benchmarking
7.1.4. Recent Developments
7.2. Formosa Plastics
7.2.1. Overview
7.2.2. Financials
7.2.3. Product Benchmarking
7.2.4. Recent Developments
7.3. Ineos
7.3.1. Overview
7.3.2. Financials
7.3.3. Product Benchmarking
7.3.4. Recent Developments
7.4. Sinopec
7.4.1. Overview
7.4.2. Financials
7.4.3. Product Benchmarking
7.4.4. Recent Developments
7.5. Lyondellbasell
7.5.1. Overview
7.5.2. Financials
7.5.3. Product Benchmarking
7.5.4. Recent Developments
7.6. BASF
7.6.1. Overview
7.6.2. Financials
7.6.3. Product Benchmarking
7.6.4. Recent Developments
7.7. SABIC
7.7.1. Overview
7.7.2. Financials
7.7.3. Product Benchmarking
7.7.4. Recent Developments
7.8. The DOW Chemical
7.8.1. Overview
7.8.2. Financials
7.8.3. Product Benchmarking
7.8.4. Recent Developments
7.9. Sumitomo Chemical
7.9.1. Overview
7.9.2. Financials
7.9.3. Product Benchmarking
7.9.4. Recent Developments
7.10. LG Chem
7.10.1. Overview
7.10.2. Financials
7.10.3. Product Benchmarking
7.10.4. Recent Developments

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About the author

Sharan Stone

Sharan Stone

Sharan comes to Market Research Tab with more than 7 years of experience as an editor. Sharan has his fingers firmly placed on the pulse of the business world and he covers retail, construction, and other industries as an editor for Market Research Tab. Email: [email protected]

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