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Global Plastics Market

  • Published Date: 03 Jun 2018
  • Number of Pages: 198
  • Category: Chemicals
  • Country: Global
Plastics are synthetic or semi-synthetic organic compounds, which can bemoulded to form a number of valuable products.Plastics are used in a number of products because of their unique properties like imperviousness to water, malleability, lower cost, ease in manufacturing and versatility.Plastics have many uses in the medical field as well.

Market Dynamics

Technologies which recycle plastics are predicted to be the driving force for the growth of this market. Growth of several industries such as packaging, construction and automotive in emerging markets of China, India and Brazil is expected to propel global plastic demand. The requirement for high performance thermoplastics in the automotive industry to decrease the overall vehicular weight and to gain fuel efficiency is expected to show a positive effect on growth of the market. Changing raw material prices coupled with increasing environmental concerns about sustainability and plastics disposal is expected to be a huge challenge to the growth of the market. To overcome such challenges, it is imperative toactively investigate the technologies to develop bio-based alternatives to traditional plastics.

Market Segmentation

The Global Plastics market is segmented on the basis of type, application and region.
Segmentation by Type
--> Polyethylene (PE)
--> Polypropylene (PP)
--> Polyvinyl chloride (PVC)
--> Polyethylene Terephthalate (PET)
--> Polystyrene
--> Polycarbonate
--> Acrylonitrile Butadiene Styrene
--> Polyoxymethylene
--> Polyamide
--> Polyurethane
--> Engineering Plastics

Polyethylene (PE) emerged as the leading product segment for plastics. PE is used in great volumes across many industries such as film and sheet, injection moulding, blow moulding and pipe manufacturing and this increasing demand led to the high market share of PE products. PET is expected to be the fastest growing product segment for plastics.This increasing demand is predicted to drive the global market for PET plastics.Factors such as the increase in construction activities, rising population levels, increasing rate of urbanization, infrastructural development and replacement of old pipes made with outdated materials are expected to drive the demand for plastic pipes application.

Segmentation by Application
--> Automotive & Transportation
--> Building & Construction
--> Electronics & Consumer Goods
--> Packaging
--> Textiles
--> Others (injection & blow molding)

Segmentation by Region
--> North America
--> Europe
--> Asia Pacific
--> Middle East & Africa
--> Central and South America

Asia Pacific holds the major market share of the global plastics market. Central & South America is predicted to have the highest growth rate.
Regional/ Geographic Analysis

Asia Pacific is the leading market for plastics. The major factors for this are the growing automobile industry and the increased use of plastics in the construction industry. Central & South America is expected to have the highest growth rate among all the regional markets. Increase in disposable incomes coupled with the growth of important markets like construction and automobiles in Brazil and Argentina is expected to propel the demand in this market. North America and Europe are very mature markets and new innovations are expected to drive these markets.

Key Players

Some of the major players in the global plastics market are The Dow Chemical Company, Vinnolit GmbH & Co. KG, Borealis AG, Polyplastics Co., Ltd., ExxonMobil Chemical Company, Inc.,Solvay SA, Ach Foam Technologies (U.S.),SABIC, E. I. du Pont de Nemours and Company, , and Huntsman Corporation.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe

> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe

> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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