Plastics Market

Q: How big was the global plastics market in 2022?

It was valued at US$ 1.9 Bn in 2022 Read More

Q: How is the plastics industry expected to grow during the forecast period?

The CAGR is projected to be 9.6% from 2023 to 2031 Read More

Q: Which region was the most lucrative in the plastics sector in 2022?

Asia Pacific was the most lucrative region in 2022 Read More

Plastics Market (Material Vs. Application: Bio-based, Bio-based Paper and Sugarcane, Petro-based, and Foamed Plastic; and End-use: Packaging, Food & Beverages, Medical, Agricultural, Electrical & Electronics, Automotive, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031

Report Preview
Table of Content

Plastics Market Outlook 2031

The global industry was valued at US$ 1.9 Bn in 2022
It is estimated to grow at a CAGR of 9.6% from 2023 to 2031 and reach US$ 4.4 Bn by the end of 2031

Analysts’ Viewpoint

Demand for plastics is intricately linked to critical end-use sectors such as packaging, automotive, construction, and electronics. Continuous advancements in material science and polymer technology are contributing to the development of innovative plastic formulations, thus enhancing properties and durability. Surge in population, rapid urbanization, and mounting environmental concerns are further fueling plastics market development. In response, manufacturers are actively creating eco-friendly plastics and investing significantly in recycling technologies.

The plastics industry places strong emphasis on research and development to craft inventive formulations addressing and adapting to evolving industry needs. This commitment extends to adopting sustainable practices, including the utilization of recycled materials, development of biodegradable plastics, and overall reduction in environmental impact, aligning with global initiatives for a more sustainable and circular economy. As the industry evolves, collaborations and innovations are likely to remain key drivers of the plastics market progress.

Plastics Market

Market Introduction

Plastics are a group of synthetic materials made from polymers, which are large molecules composed of repeated subunits. These subunits are derived from various petrochemicals or other sources such as biomass.

Plastics can be molded into various shapes and forms, making them versatile and widely used in numerous applications. They are commonly classified into two categories: thermoplastics, which can be melted and reformed; and thermosetting plastics, which undergo irreversible chemical reactions during molding. Plastics are lightweight and can be molded into a wide range of products, making them suitable for various industries such as packaging, automotive, construction, and electronics.

Rise in Demand for Biodegradable Plastics Fueling Plastics Market Statistics

Increase in preference for healthier lifestyles and awareness of environmental benefits are driving demand for natural, sustainable products and eco-friendly packaging. This shift is particularly notable in the packaging sector, thus boosting the biodegradable plastics market.

Bioplastics exhibit dynamic growth and diversification, finding applications in various industries, including packaging, consumer electronics, and automotive. The food packaging sector is experiencing surge in demand for biodegradable plastic as consumers seek durable and environment-friendly options. This trend extends to retail goods, with biodegradable plastic bags widely used in sectors such as food processing, hotels, and groceries.

Changes in lifestyle, driven by an evolving market economy, are fueling growth in agriculture, horticulture, and textiles, contributing to increased demand for biodegradable plastic bags in packaging. The collective impact of eco-conscious consumer choices and sustainability trends is propelling the expansion of the biodegradable plastics market.

Government Focus on Efficient Plastic Waste Management Fostering Plastics Market Revenue

Governments worldwide are addressing the surge in single-use plastic waste by promoting biodegradable polymers, driving the demand for biodegradable plastics. The global challenge of plastic pollution is prompting the adoption of biodegradable plastics as a solution.

Bio-based waste can currently be recycled alongside conventional waste, strengthening industrial composting as a viable waste management option. Efficient waste management systems for biodegradable products are crucial for environmental sustainability and resource utilization.

Biodegradable plastics offer versatility for reuse, mechanical recycling, and organic recycling. Additionally, the conversion of biodegradable plastic waste into fuel is gaining attention as a sustainable waste management method, involving biological and thermochemical processes.

Versatility of Bio-based Paper and Sugarcane

Bio-based plastics are derived from renewable resources such as plants, crops, or other biological materials. Unlike traditional plastics, which are typically derived from fossil fuels, bio-based plastics offer the advantage of being more environment-friendly and sustainable.

Sugarcane is a common feedstock for the production of bio-based plastics, particularly a type of bio-based plastic known as bio-ethylene. Bio-ethylene can be used to produce polyethylene, which is a widely used plastic. Sugarcane-based bioethanol is a key raw material in the production of bio-ethylene.

Bio-based plastics are often promoted for their environmental benefits. They can contribute to reducing the reliance on fossil fuels, lowering greenhouse gas emissions, and providing an alternative to conventional plastics that may take a long time to degrade. As environmental awareness increases, there is a growing interest among consumers and companies in sustainable and eco-friendly products. This has led to a rise in demand for bio-based plastics, and companies are incorporating them into their product lines to meet consumer expectations and fulfill corporate sustainability goals.

Regional Outlook

According to the latest plastics market forecast, Asia Pacific dominates the landscape for several reasons. Countries such as China and India in the region, have undergone rapid industrialization and urbanization. This has led to increased demand for plastics in various sectors such as construction, automotive, packaging, and consumer goods.

A large and growing population, accompanied by an expanding middle class with increasing purchasing power drives the demand for products that heavily rely on plastics, such as packaging materials, consumer goods, and automobiles. These factors are fueling the plastics market size in the region.

Asia Pacific has become a global manufacturing hub for a wide range of industries. The region's manufacturing capabilities and infrastructure contribute to the production and consumption of plastics in various applications. The overall economic growth in the Asia Pacific region has led to increased industrial output and consumer spending. This growth fuels the demand for plastics as a key material in manufacturing processes and product development, thus offering lucrative opportunities for market expansion.

Analysis of Key Players in Global Plastics Market

The global landscape consists of several small and medium-sized of manufacturers of plastics that compete with each other. According to the latest plastics market analysis, companies are investing significantly in comprehensive research and development activities, primarily to create environment-friendly products.

Expansion of product portfolios and mergers & acquisitions as the key strategies adopted by prominent plastics market players such as Corbion, Novamont, Avantium, Futerro, BASF SE, NatureWorks LLC, and LyondellBasell Industries Holdings B.V.

Key players have been profiled in the plastics market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments

Key Market Developments

On November 15, 2022, a Master Collaboration Agreement (MCA) between NatureWorks, an advanced materials company and the world's top producer of polylactic acid (PLA), and CJ Biomaterials, Inc., a division of South Korea-based company CJ CheilJedang, called for the two companies to work together on the development of sustainable materials solutions based on NatureWorks' IngeoTM biopolymer and PHACTTM Biodegradable Polymers from CJ Biomaterials.
On January 31, 2020, BASF SE closed the acquisition of Solvay’s polyamide business (PA 6.6). This acquisition helped the company expand its market in Asia and in North America and South America. The acquisition included eight production sites in Germany, France, China, India, South Korea, Brazil, and Mexico. It also helped the company establish research & development centers in Asia and the Americas.

Plastics Market Snapshot

Attribute	Detail
Market Value in 2022	US$ 1.9 Bn
Market Forecast Value in 2031	US$ 4.4 Bn
Growth Rate (CAGR)	9.6%
Forecast Period	2023-2031
Historical Data Available for	2022
Quantitative Units	US$ Bn for Value & Kilo Tons for Volume
Market Analysis	It includes cross-segment analysis at the global as well as regional level. Furthermore, the qualitative analysis includes drivers, restraints, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.
Competition Landscape	Market share analysis by company (2022) Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format	Electronic (PDF) + Excel
Market Segmentation	Material Vs. Application Bio -based Polypropylene (PP) Food Containers Trash Cans & Plastic Bags Syringes Medical Containers Pipes Others (Electrical Insulation, Consumer Goods, etc.) Poly Lactic Acid (PLA) Clamshells Containers Round Plates Food Cups Trays Cutlery Flexible Packaging Film Coating Paper Implants & Medical Devices Others (Fibers, Safety Helmets, etc.) Polyethylene Terephthalate (PET) Plastic Bottles Films Filter Cloth Packaging Trays & Blisters Microwavable Containers Bracing Wires Others (Engine Cover, Solar Junction Boxes, etc.) Polystyrene (PS) Test Tubes Petri Dishes Diagnostic Components Compost Bins Electronic Packaging Temperature Controlled Packaging Synthetic Corks Others (Toys, Automotive Insulation) Bio-based Paper and Sugarcane Paper/Cardboard Packaging Plates Cups Trays Others Sugarcane Fiber/Bagasse Clamshells Containers Round Plates Others Others Petro -based Polypropylene (PP) Polyethylene Terephthalate (PET) Polystyrene (PS) Others Foamed Plastic Expanded Polystyrene Foam (EPS) Extruded Polystyrene Foam (XPS) Expanded Polystyrene Beads Polyethylene Foam (PE) Polypropylene Foam (PP) PS Low Foam Foamed PLA Others End-use Packaging Food & Beverages Medical Agricultural Electrical & Electronics Automotive Others
Regions Covered	North America Latin America Europe Asia Pacific Middle East & Africa
Countries Covered	U.S. Canada Germany U.K. France Spain Italy Russia and CIS Japan China India ASEAN Brazil Mexico GCC South Africa
Companies Profiled	Corbion Novamont Avantium Futerro BASF SE NatureWorks LLC Biome Bioplastics BRASKEM LyondellBasell Industries Holdings B.V. Kaneka Corporation Mitsubishi Chemical Group Corporation Eastman Chemical Company FKuR PTT MCC Biochem Co., Ltd. NaturePlast Others
Customization Scope	Available upon request
Pricing	Available upon request

Frequently Asked Questions

How big was the global plastics market in 2022?

It was valued at US$ 1.9 Bn in 2022

How is the plastics industry expected to grow during the forecast period?

The CAGR is projected to be 9.6% from 2023 to 2031

What are the key factors driving the demand for plastics?

Biodegradable plastic packaging is leading to enhanced customer demand; and government focus on efficient plastic waste management

Which was the largest segment of the plastics business in 2022?

Based on material vs. application, bio-based paper and sugarcane was the dominant segment in 2022

Which region was the most lucrative in the plastics sector in 2022?

Asia Pacific was the most lucrative region in 2022

Who are the prominent plastics players?

Corbion, Novamont, Avantium, Futerro, BASF SE, NatureWorks LLC, Biome Bioplastics, BRASKEM, LyondellBasell Industries Holdings B.V., Kaneka Corporation, Mitsubishi Chemical Group Corporation, Eastman Chemical Company, FKuR, PTT MCC Biochem Co., Ltd., and NaturePlast

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Key Facts and Figures

1.4. Trends Impacting Market

1.5. TMR’s Growth Opportunity Wheel

2. Market Overview

2.1. Market Segmentation

2.2. Key Developments

2.3. Market Definitions

2.4. Key Market Trends

2.5. Market Dynamics

2.5.1. Drivers

2.5.2. Restraints

2.5.3. Opportunities

2.6. Global Plastics Market Analysis and Forecasts, 2023-2031

2.6.1. Global Plastics Market Volume (Kilo Tons)

2.6.2. Global Plastics Market Revenue (US$ Mn)

2.7. Porter’s Five Forces Analysis

2.8. Regulatory Landscape

2.9. Value Chain Analysis

2.9.1. List of Raw Material Providers

2.9.2. List of Manufacturers

2.9.3. List of Dealers/Distributors

2.9.4. List of Potential Customers

2.10. Production Overview

2.11. Product Specification Analysis

2.11.1. Cost Structure Analysis

3. Economic Recovery Post COVID-19 Impact

3.1. Impact on Supply Chain of Plastics

3.2. Impact on Demand for Plastics– Pre & Post Crisis

4. Impact of Current Geopolitical Scenario

5. Production Output Analysis (Kilo Tons), by Region, 2023

5.1. North America

5.2. Europe

5.3. Asia Pacific

5.4. Latin America

5.5. Middle East & Africa

6. Price Trend Analysis and Forecast (US$/Ton), 2023-2031

6.1. Price Comparison Analysis by Material Vs. Application

6.2. Price Comparison Analysis by Region

7. Global Plastics Market Analysis and Forecast, by Material Vs. Application, 2023–2031

7.1. Introduction and Definitions

7.2. Global Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

7.2.1. Bio -based

7.2.1.1. Polypropylene (PP)

7.2.1.1.1. Food Containers

7.2.1.1.2. Trash Cans & Plastic Bags

7.2.1.1.3. Syringes

7.2.1.1.4. Medical Containers

7.2.1.1.5. Pipes

7.2.1.1.6. Others (Electrical Insulation, Consumer Goods, etc.)

7.2.1.2. Poly Lactic Acid (PLA)

7.2.1.2.1. Clamshells Containers

7.2.1.2.2. Round Plates

7.2.1.2.3. Food Cups

7.2.1.2.4. Trays

7.2.1.2.5. Cutlery

7.2.1.2.6. Flexible Packaging Film

7.2.1.2.7. Coating Paper

7.2.1.2.8. Implants & Medical Devices

7.2.1.2.9. Others (Fibers, Safety Helmets, etc.)

7.2.1.3. Polyethylene Terephthalate (PET)

7.2.1.3.1. Plastic Bottles

7.2.1.3.2. Films

7.2.1.3.3. Filter Cloth

7.2.1.3.4. Packaging Trays & Blisters

7.2.1.3.5. Microwavable Containers

7.2.1.3.6. Bracing Wires

7.2.1.3.7. Others (Engine Cover, Solar Junction Boxes, etc.

7.2.1.4. Polystyrene (PS)

7.2.1.4.1. Test Tubes

7.2.1.4.2. Petri Dishes

7.2.1.4.3. Diagnostic Components

7.2.1.4.4. Compost Bins

7.2.1.4.5. Electronic Packaging

7.2.1.4.6. Temperature Controlled Packaging

7.2.1.4.7. Synthetic Corks

7.2.1.4.8. Others (Toys, Automotive Insulation)

7.2.2. Bio-based Paper and Sugarcane

7.2.2.1. Paper/Cardboard

7.2.2.1.1. Packaging

7.2.2.1.2. Plates

7.2.2.1.3. Cups

7.2.2.1.4. Trays

7.2.2.1.5. Others

7.2.2.2. Sugarcane Fiber/Bagasse

7.2.2.2.1. Clamshells Containers

7.2.2.2.2. Round Plates

7.2.2.2.3. Others

7.2.3. Petro -based

7.2.3.1. Polypropylene (PP)

7.2.3.2. Polyethylene Terephthalate (PET)

7.2.3.3. Polystyrene (PS)

7.2.3.4. Others

7.2.4. Foamed Plastic

7.2.4.1. Expanded Polystyrene Foam (EPS)

7.2.4.2. Extruded Polystyrene Foam (XPS)

7.2.4.3. Expanded Polystyrene Beads

7.2.4.4. Polyethylene Foam (PE)

7.2.4.5. Polypropylene Foam (PP)

7.2.4.6. PS Low Foam

7.2.4.7. Foamed PLA

7.2.4.8. Others

7.3. Global Plastics Market Attractiveness, by Material Vs. Application

8. Global Plastics Market Analysis and Forecast, by End-use, 2023–2031

8.1. Introduction and Definitions

8.2. Global Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

8.2.1. Packaging

8.2.2. Food & Beverages

8.2.3. Medical

8.2.4. Agricultural

8.2.5. Electrical & Electronics

8.2.6. Automotive

8.2.7. Others (Consumer Goods, Construction, etc.)

8.3. Global Plastics Market Attractiveness, by End-use

9. Global Plastics Market Analysis and Forecast, by Region, 2023–2031

9.1. Key Findings

9.2. Global Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Region, 2023–2031

9.2.1. North America

9.2.2. Europe

9.2.3. Asia Pacific

9.2.4. Middle East & Africa

9.2.5. Latin America

9.3. Global Plastics Market Attractiveness, by Region

10. North America Plastics Market Analysis and Forecast, 2023–2031

10.1. Key Findings

10.2. North America Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

10.3. North America Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

10.4. North America Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country, 2023–2031

10.4.1. U.S. Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

10.4.2. U.S. Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

10.4.3. Canada Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

10.4.4. Canada Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

10.5. North America Plastics Market Attractiveness Analysis

11. Europe Plastics Market Analysis and Forecast, 2023–2031

11.1. Key Findings

11.2. Europe Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

11.3. Europe Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

11.4. Europe Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2023-2031

11.4.1. Germany Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

11.4.2. Germany Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

11.4.3. France Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

11.4.4. France Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

11.4.5. U.K. Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

11.4.6. U.K. Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

11.4.7. Italy Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

11.4.8. Italy Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

11.4.9. Russia & CIS Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

11.4.10. Russia & CIS Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

11.4.11. Rest of Europe Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

11.4.12. Rest of Europe Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

11.5. Europe Plastics Market Attractiveness Analysis

12. Asia Pacific Plastics Market Analysis and Forecast, 2023–2031

12.1. Key Findings

12.2. Asia Pacific Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application

12.3. Asia Pacific Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

12.4. Asia Pacific Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2023-2031

12.4.1. China Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

12.4.2. China Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

12.4.3. Japan Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

12.4.4. Japan Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

12.4.5. India Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

12.4.6. India Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

12.4.7. ASEAN Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

12.4.8. ASEAN Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

12.4.9. Rest of Asia Pacific Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

12.4.10. Rest of Asia Pacific Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

12.5. Asia Pacific Plastics Market Attractiveness Analysis

13. Latin America Plastics Market Analysis and Forecast, 2023–2031

13.1. Key Findings

13.2. Latin America Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

13.3. Latin America Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

13.4. Latin America Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2023-2031

13.4.1. Brazil Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

13.4.2. Brazil Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

13.4.3. Mexico Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

13.4.4. Mexico Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

13.4.5. Rest of Latin America Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

13.4.6. Rest of Latin America Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

13.5. Latin America Plastics Market Attractiveness Analysis

14. Middle East & Africa Plastics Market Analysis and Forecast, 2023–2031

14.1. Key Findings

14.2. Middle East & Africa Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

14.3. Middle East & Africa Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

14.4. Middle East & Africa Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Country/Sub-region, 2023-2031

14.4.1. GCC Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

14.4.2. GCC Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

14.4.3. South Africa Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

14.4.4. South Africa Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

14.4.5. Rest of Middle East & Africa Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

14.4.6. Rest of Middle East & Africa Plastics Market Volume (Kilo Tons) and Value (US$ Mn) Forecast, by End-use, 2023–2031

14.5. Middle East & Africa Plastics Market Attractiveness Analysis

15. Competition Landscape

15.1. Market Players - Competition Matrix (by Tier and Size of Companies)

15.2. Market Share Analysis, 2023

15.3. Market Footprint Analysis

15.3.1. By Material Vs. Application

15.3.2. By End-use

15.4. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)

15.4.1. Corbion

15.4.1.1. Company Revenue

15.4.1.2. Business Overview

15.4.1.3. Product Segments

15.4.1.4. Geographic Footprint

15.4.1.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.1.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.2. Novamont

15.4.2.1. Company Revenue

15.4.2.2. Business Overview

15.4.2.3. Product Segments

15.4.2.4. Geographic Footprint

15.4.2.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.2.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.3. Avantium

15.4.3.1. Company Revenue

15.4.3.2. Business Overview

15.4.3.3. Product Segments

15.4.3.4. Geographic Footprint

15.4.3.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.3.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.4. Futerro

15.4.4.1. Company Revenue

15.4.4.2. Business Overview

15.4.4.3. Product Segments

15.4.4.4. Geographic Footprint

15.4.4.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.4.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.5. BASF SE

15.4.5.1. Company Revenue

15.4.5.2. Business Overview

15.4.5.3. Product Segments

15.4.5.4. Geographic Footprint

15.4.5.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.5.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.6. NatureWorks LLC

15.4.6.1. Company Revenue

15.4.6.2. Business Overview

15.4.6.3. Product Segments

15.4.6.4. Geographic Footprint

15.4.6.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.6.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.7. Biome Bioplastics

15.4.7.1. Company Revenue

15.4.7.2. Business Overview

15.4.7.3. Product Segments

15.4.7.4. Geographic Footprint

15.4.7.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.7.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.8. BRASKEM

15.4.8.1. Company Revenue

15.4.8.2. Business Overview

15.4.8.3. Product Segments

15.4.8.4. Geographic Footprint

15.4.8.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.8.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.9. LyondellBasell Industries Holdings B.V.

15.4.9.1. Company Revenue

15.4.9.2. Business Overview

15.4.9.3. Product Segments

15.4.9.4. Geographic Footprint

15.4.9.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.9.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.10. Kaneka Corporation

15.4.10.1. Company Revenue

15.4.10.2. Business Overview

15.4.10.3. Product Segments

15.4.10.4. Geographic Footprint

15.4.10.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.10.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.11. Mitsubishi Chemical Group Corporation

15.4.11.1. Company Revenue

15.4.11.2. Business Overview

15.4.11.3. Product Segments

15.4.11.4. Geographic Footprint

15.4.11.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.11.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.12. Eastman Chemical Company

15.4.12.1. Company Revenue

15.4.12.2. Business Overview

15.4.12.3. Product Segments

15.4.12.4. Geographic Footprint

15.4.12.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.12.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.13. FKuR

15.4.13.1. Company Revenue

15.4.13.2. Business Overview

15.4.13.3. Product Segments

15.4.13.4. Geographic Footprint

15.4.13.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.13.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.14. PTT MCC Biochem Co., Ltd.

15.4.14.1. Company Revenue

15.4.14.2. Business Overview

15.4.14.3. Product Segments

15.4.14.4. Geographic Footprint

15.4.14.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.14.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

15.4.15. NaturePlast

15.4.15.1. Company Revenue

15.4.15.2. Business Overview

15.4.15.3. Product Segments

15.4.15.4. Geographic Footprint

15.4.15.5. Production Form/Plant Details, etc. (*As Applicable)

15.4.15.6. Strategic Partnership, Form Expansion, New Product Innovation etc.

16. Primary Research: Key Insights

17. Appendix

List of Tables

Table 1: Global Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 2: Global Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 3: Global Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 4: Global Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 5: Global Plastics Market Volume (Kilo Tons) Forecast, by Region, 2023–2031

Table 6: Global Plastics Market Value (US$ Mn) Forecast, by Region, 2023–2031

Table 7: North America Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 8: North America Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 9: North America Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 10: North America Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 11: North America Plastics Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2023–2031

Table 12: North America Plastics Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031

Table 13: U.S. Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 14: U.S. Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 15: U.S. Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 16: U.S. Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 17: Canada Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 18: Canada Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 19: Canada Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 20: Canada Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 21: Europe Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 22: Europe Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 23: Europe Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 24: Europe Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 25: Europe Plastics Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2023–2031

Table 26: Europe Plastics Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031

Table 27: Germany Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 28: Germany Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 29: Germany Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 30: Germany Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 31: France Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 32: France Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 33: France Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 34: France Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 35: U.K. Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 36: U.K. Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 37: U.K. Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 38: U.K. Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 39: Italy Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 40: Italy Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 41: Italy Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 42: Italy Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 43: Spain Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 44: Spain Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 45: Spain Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 46: Spain Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 47: Russia & CIS Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 48: Russia & CIS Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 49: Russia & CIS Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 50: Russia & CIS Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 51: Rest of Europe Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 52: Rest of Europe Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 53: Rest of Europe Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 54: Rest of Europe Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 55: Asia Pacific Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 56: Asia Pacific Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 57: Asia Pacific Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 58: Asia Pacific Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 59: Asia Pacific Plastics Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2023–2031

Table 60: Asia Pacific Plastics Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031

Table 61: China Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 62: China Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application 2023–2031

Table 63: China Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 64: China Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 65: Japan Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 66: Japan Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 67: Japan Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 68: Japan Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 69: India Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 70: India Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 71: India Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 72: India Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 73: India Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 74: India Plastics Market Value (US$ Mn) Forecast, by End-use 2023–2031

Table 75: ASEAN Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 76: ASEAN Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 77: ASEAN Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 78: ASEAN Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 79: Rest of Asia Pacific Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 80: Rest of Asia Pacific Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 81: Rest of Asia Pacific Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 82: Rest of Asia Pacific Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 83: Latin America Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 84: Latin America Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 85: Latin America Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 86: Latin America Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 87: Latin America Plastics Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2023–2031

Table 88: Latin America Plastics Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031

Table 89: Brazil Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 90: Brazil Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 91: Brazil Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 92: Brazil Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 93: Mexico Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 94: Mexico Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 95: Mexico Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 96: Mexico Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 97: Rest of Latin America Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 98: Rest of Latin America Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 99: Rest of Latin America Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 100: Rest of Latin America Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 101: Middle East & Africa Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 102: Middle East & Africa Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 103: Middle East & Africa Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 104: Middle East & Africa Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 105: Middle East & Africa Plastics Market Volume (Kilo Tons) Forecast, by Country/Sub-region, 2023–2031

Table 106: Middle East & Africa Plastics Market Value (US$ Mn) Forecast, by Country/Sub-region, 2023–2031

Table 107: GCC Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 108: GCC Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 109: GCC Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 110: GCC Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 111: South Africa Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 112: South Africa Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 113: South Africa Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 114: South Africa Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

Table 115: Rest of Middle East & Africa Plastics Market Volume (Kilo Tons) Forecast, by Material Vs. Application, 2023–2031

Table 116: Rest of Middle East & Africa Plastics Market Value (US$ Mn) Forecast, by Material Vs. Application, 2023–2031

Table 117: Rest of Middle East & Africa Plastics Market Volume (Kilo Tons) Forecast, by End-use, 2023–2031

Table 118: Rest of Middle East & Africa Plastics Market Value (US$ Mn) Forecast, by End-use, 2023–2031

List of Figures

Figure 1: Global Plastics Market Volume Share Analysis, by Material Vs. Application, 2022, 2027, and 2031

Figure 2: Global Plastics Market Attractiveness, by Material Vs. Application

Figure 3: Global Plastics Market Volume Share Analysis, by End-use, 2022, 2027, and 2031

Figure 4: Global Plastics Market Attractiveness, by End-use

Figure 5: Global Plastics Market Volume Share Analysis, by Region, 2022, 2027, and 2031

Figure 6: Global Plastics Market Attractiveness, by Region

Figure 7: North America Plastics Market Volume Share Analysis, by Material Vs. Application, 2022, 2027, and 2031

Figure 8: North America Plastics Market Attractiveness, by Material Vs. Application

Figure 9: North America Plastics Market Volume Share Analysis, by End-use, 2022, 2027, and 2031

Figure 10: North America Plastics Market Attractiveness, by End-use

Figure 11: North America Plastics Market Volume Share Analysis, by Country/Sub-region, 2022, 2027, and 2031

Figure 12: North America Plastics Market Attractiveness, by Country/Sub-region

Figure 13: Europe Plastics Market Volume Share Analysis, by Material Vs. Application, 2022, 2027, and 2031

Figure 14: Europe Plastics Market Attractiveness, by Material Vs. Application

Figure 15: Europe Plastics Market Volume Share Analysis, by End-use, 2022, 2027, and 2031

Figure 16: Europe Plastics Market Attractiveness, by End-use

Figure 17: Europe Plastics Market Volume Share Analysis, by Country/Sub-region, 2022, 2027, and 2031

Figure 18: Europe Plastics Market Attractiveness, by Country/Sub-region

Figure 19: Asia Pacific Plastics Market Volume Share Analysis, by Material Vs. Application, 2022, 2027, and 2031

Figure 20: Asia Pacific Plastics Market Attractiveness, by Material Vs. Application

Figure 21: Asia Pacific Plastics Market Volume Share Analysis, by End-use, 2022, 2027, and 2031

Figure 22: Asia Pacific Plastics Market Attractiveness, by End-use

Figure 23: Asia Pacific Plastics Market Volume Share Analysis, by Country/Sub-region, 2022, 2027, and 2031

Figure 24: Asia Pacific Plastics Market Attractiveness, by Country/Sub-region

Figure 25: Latin America Plastics Market Volume Share Analysis, by Material Vs. Application, 2022, 2027, and 2031

Figure 26: Latin America Plastics Market Attractiveness, by Material Vs. Application

Figure 27: Latin America Plastics Market Volume Share Analysis, by End-use, 2022, 2027, and 2031

Figure 28: Latin America Plastics Market Attractiveness, by End-use

Figure 29: Latin America Plastics Market Volume Share Analysis, by Country/Sub-region, 2022, 2027, and 2031

Figure 30: Latin America Plastics Market Attractiveness, by Country/Sub-region

Figure 31: Middle East & Africa Plastics Market Volume Share Analysis, by Material Vs. Application, 2022, 2027, and 2031

Figure 32: Middle East & Africa Plastics Market Attractiveness, by Material Vs. Application

Figure 33: Middle East & Africa Plastics Market Volume Share Analysis, by End-use, 2022, 2027, and 2031

Figure 34: Middle East & Africa Plastics Market Attractiveness, by End-use

Figure 35: Middle East & Africa Plastics Market Volume Share Analysis, by Country/Sub-region, 2022, 2027, and 2031

Figure 36: Middle East & Africa Plastics Market Attractiveness, by Country/Sub-region

Rep Id : TMRGL85884
December 2023
350 Pages
PPT, Excel, PDF

Get FREE Sample

- Get Started -

Get insights that lead to new growth opportunities

Buy Now

Get answers to your queries on this report from our experts

- Want to customize this report? -

We offer 100% Free Customization at the time of purchase

An adaptive Approach to Modern Day Research needs

Industry Verticals »

Insights »

About TMR »

Reports

Plastics Market

Plastics Market Outlook 2031

Market Introduction

Rise in Demand for Biodegradable Plastics Fueling Plastics Market Statistics

Government Focus on Efficient Plastic Waste Management Fostering Plastics Market Revenue

Versatility of Bio-based Paper and Sugarcane

Regional Outlook

Analysis of Key Players in Global Plastics Market

Key Market Developments

Plastics Market Snapshot

Frequently Asked Questions

How big was the global plastics market in 2022?

How is the plastics industry expected to grow during the forecast period?

What are the key factors driving the demand for plastics?

Which was the largest segment of the plastics business in 2022?

Which region was the most lucrative in the plastics sector in 2022?

Who are the prominent plastics players?