Commodity Plastic Market has been growing at the CAGR of ~5.56 % from 2016 and is expected to continue the same till 2022.
The global commodity plastic market has been segmented into types, applications and region. Among types the market is segmented into Polyethylene, Polypropylene, Polypropylene, Polyethylene Terephthalate, Polystyrene and others, whereas the applications have been segmented into Packaging, Consumer Goods, Electronics, Automotive, Textile, Pharmaceuticals and others. Among all the types, polyethylene has accounted the largest market share in 2015, whereas packaging industry has become the leading application industry.
Free Request Sample at Here @ https://www.marketresearchfuture.com/sample_request/2771
Key Market Players:
The key players in Global Commodity Plastic Market report included are BASF SE, The Dow Chemicals Company, SABIC, Arkema SA, Mitsui Chemicals, LG Chemicals and Mitsubishi Chemicals Holdings Corporation.
- Commodity plastic producers
- Traders and distributors
- Association and government bodies.
- Application industries
- Plastic manufacturers
- Research institute
Although commodity plastics have a large number of advantages, the most important is their versatility. The increasing need for high standard performance plastic across all modern applications is driving the growth of commodity plastic market. This has also resulted in the development of newer and improved application and performance properties; commodity plastic that are fast, easy, and low cost are in demand. Such newly developed commodity plastic include fast curing polyethylene and polyurethanes, PVC and PET and others.
Commodity plastics belongs to a superior class of plastic material which are broadly used in large volume in multiple applications which majorly include packaging, consumer goods, electronics, automotive, textile, pharmaceuticals and others. These plastics are used in application industries to enhance their mechanical properties and simultaneously helps in reducing the cost of production. However, from the manufacturers’ side, this has created a platform to increase the production capacity to meet the current demand.
Global Commodity Plastic Market Share (2015) By Type
The global commodity plastic market by type has been divided into polyethylene, polyethylene, polyvinyl chloride, polyethylene terephthalate, polystyrene and other, however, polyethylene has acquired the largest market share of 31% of total market with an estimated value of USD 110.8 billion in 2016 and expected to touch USD 155.9 billion by the end of forecasted year with a CAGR of 5.58%, followed by polypropylene and polyvinyl chloride.
Polyethylene (PE) is undoubtedly one of the most popular plastic across the globe which is majorly used in the plastic industries to manufacture plastic bottles, plastic toys, and grocery bags and also in bullet proof jackets. Along with this, PE also holds a significant role in other application industries such as packaging, electronics, automotive and many others.
In the global commodity plastic market, polyethylene holds a largest market share of 31% in 2016 with an estimated value of USD 110.8 billion in 2016 and is expected to reach USD 155.9 billion by 2022 at a CAGR of 5.85%. Moreover, in terms of volume, the global demand for polyethylene in 2016 was 69.9 MMT and in poised to reach 93.7 MMT by 2022 with a CAGR of 5.01%. Geographically, Asia-Pacific holds the largest market share in terms of both value and volume during the forecast period.
List of Table:
TABLE 1 GLOBAL COMMODITY PLASTIC MARKET, BY TYPE, 2014-2022 (USD BILLION) 31
TABLE 2 GLOBAL COMMODITY PLASTIC MARKET, BY TYPE, 2014-2022 (MMT) 31
TABLE 3 GLOBAL POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION) 33
TABLE 4 GLOBAL POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT) 33
TABLE 5 NORTH AMERICA POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION) 34
TABLE 6 NORTH AMERICA POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT) 34
TABLE 7 EUROPE POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION) 35
TABLE 8 EUROPE POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT) 36
TABLE 9 ASIA-PACIFIC POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION) 36
TABLE 10 ASIA-PACIFIC POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT) 37
TABLE 11 ROW POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (USD BILLION) 37
TABLE 12 ROW POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGIONS (2014-2022) (MMT) 38
List of Figure:
FIGURE 1 GLOBAL COMMODITY PLASTIC MARKET OUTLOOK (2015-2022) 13
FIGURE 2 RESRARCH PROCESS OF MRFR 16
FIGURE 3 TOP DOWN & BOTTOM DOWN APPROACH 18
FIGURE 4 FORECAST MODEL 19
FIGURE 5 MARKET DYNAMICS 20
FIGURE 6 GROWTH DRIVERS: IMPACT ANALYSIS 20
FIGURE 7 GROWTH RESTRAINTS: IMPACT ANALYSIS 22
FIGURE 8 VALUE CHAIN ANALYSIS 25
FIGURE 9 PORTER’S FIVE FORCES ANALYSIS 26
FIGURE 10 GLOBAL COMMODITY PLASTIC MARKET SHARE, BY TYPE IN 2015 29
FIGURE 11 GLOBAL POLYETHYLENE MARKET FOR COMMODITY PLASTIC, BY REGION, 2015 (%) 31
FIGURE 12 GLOBAL POLYPROPYLENE MARKET FOR COMMODITY PLASTIC, BY REGION, 2015 (%) 38
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
+1 646 845 9312
Email: [email protected]