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Along with R&D, new product launches, mergers and acquisitions, agreements, collaborations, partnerships, joint ventures, and the local improvement of basic competition operating within the market on a global and local scale, the studies also include major strategic trends.
According to our report Company, the global plastics market is projected to reach USD 697,231 million, recording a CAGR of approximately 3.6 percent from 2022 to 2028.
Plastics are derived from natural, organic materials such as cellulose, coal, natural gas, salt and, of course, crude oil. Plastic has the capability of being molded or shaped, usually by the application of heat and pressure. This property of plasticity, often found in combination with other special properties such as low density, low electrical conductivity, transparency, and toughness, allows plastics to be made into a great variety of products.
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The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global plastics market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the plastics industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, molding, end user, and region. The global market for plastics can be segmented by product: polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), Polystyrene (PS), engineering plastics, high-performance plastics (HPPs), polyvinyl chloride (PVC), polyurethanes (PU), others.
Plastics market is further segmented by molding: injection molding, blow molding, extrusion molding, compression molding, others. Based on end user, the plastics market is segmented into: automotive & transportation, building and construction, consumer goods and household, electrical and electronics, medical, packaging, others. On the basis of region, the plastics market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
By product:
polyethylene (PE)
polypropylene (PP)
polyethylene terephthalate (PET)
Polystyrene (PS)
engineering plastics
high-performance plastics (HPPs)
polyvinyl chloride (PVC)
polyurethanes (PU)
others
By molding:
injection molding
blow molding
extrusion molding
compression molding
others
By end user:
automotive & transportation
building and construction
consumer goods and household
electrical and electronics
medical
packaging
others
By region:
Asia Pacific
Europe
North America
Rest of the World (RoW)
The global plastics market report offers detailed information on several market vendors, including APK AG, BASF SE, Benvic SAS, Borealis AG, Braskem SA, Covestro AG, DAK Americas LLC, Dow Chemical Company, DuPont de Nemours, Inc., Huntsman Corporation, Indorama Ventures Public Company Limited (IVL), Ineos Group Ltd., Koninklijke DSM N.V., LyondellBasell Industries N.V., Origin Materials, Inc., Saudi Basic Industries Corporation (SABIC), Shin-Etsu Chemical Co., Ltd., Solvay S.A., Toray Industries, Inc., TotalEnergies SE, Trinseo PLC, Victrex plc, among others.
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What is the goal of the report?
The market report presents the estimated size of the market at the end of the forecast period. The report also examines historical and current market sizes. During the forecast period, the report analyses the growth rate, market size, and market valuation. The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets. The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
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Highlight the Following Key Factors:
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- Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
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