Commodity Plastic Market Projected to Hit USD 493.1 billion by 2022 with 5.56% CAGR during Review Period

“Commodity Plastic Market”
Test the market data and market information presented over more than 200 market data tables and figures spread in more than 190 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Commodity Plastic Market from 2016 to 2022.

Commodity Plastic Market Overview to 2023

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.

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Global commodity plastic market research report published by market research future sharing details on market analysis, new technology, scope, stake, progress, trends and forecast up to 2022. Global commodity plastic market information – by type (polyethylene, polypropylene, polypropylene, polyethylene terephthalate, polystyrene and others), by application (packaging, consumer goods, electronics, automotive, textile, pharmaceuticals and others) and by region – forecast to 2022 Commodity Plastic Market- Top 10 Global Key Players and Their Strategy: 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.Global Commodity Plastic Market research report spread across 190 Pages consist 216 Tables and 35 Figures  also include Top 10 Global key players that sharing latest types, technology, application by 2022.

Commodity Plastic Market – Key Findings

  • Global commodity plastic market is projected to reach USD 493.1 billion by 2022 with 5.56% CAGR during review period of 2016-2022
  • Asia-Pacific accounted for largest share due to growing application industries in this region
  • Among types, polyethylene has acquired the market share of 31% in 2015 with the market value of USD 105.4 billion growing at a CAGR of 5.85% till forecast period.
  • Among applications, packaging industry emerged as the leading application industry in global commodity plastic market.

Commodity Plastic Market -Target Audience 2018 to 2022

  • Commodity plastic producers
  • Traders and distributors
  • Association and government bodies.
  • Application industries
  • Plastic manufacturers
  • Research institute

Major Points form TOC

10.1 BASF SE 166 

10.1.1 Company Overview 166 

10.1.2 Product/Business Segment Overview 166 

10.1.3 Financial Updates 167 

10.1.4 Key Developments 167 

10.2 The Dow Chemicals Company 168 

10.2.1 Company Overview 168 

10.2.2 PRODUCT/BUSINESS SEGMENT OVERVIEW 168 

10.2.3 Financial Updates 172 

10.2.4 Key Developments 173 

10.3 SABIC 174 

10.3.1 Company Overview 174 

10.3.2 Product/Business Segment Overview 174 

10.3.3 Financial Updates 175 

10.3.4 Key Developments 175 

10.4 Arkema SA 176 

10.4.1 Company Overview 176 

10.4.2 Product/Business Segment Overview 176 

10.4.3 Financials Updates 177 

10.4.4 Key Developments 178 

10.5 Mitsui Chemicals 179 

10.5.1 Company Overview 179 

10.5.2 Product/Business Segment Overview 179 

10.5.3 Financial Updates 180 

10.5.4 Key Developments 181 

10.6 LG Chemicals 182 

10.6.1 Company Overview 182 

10.6.2 Product/Business Segment Overview 182 

10.6.3 Financial Updates 183 

10.6.4 Key Developments 183 

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Competitive Analysis

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.

 Geographical Analysis

The report covers brief analysis of geographical region such as:North America, Europe, APAC, Rest of Asia-Pacific

Segmentation Analysis

The global commodity plastic market has grown at a CAGR of 4.7% in terms of volume and 5.6% in terms of value, during the period 2016-2022. The factors driving the growth of the global market are advancements in the end user industries of commodity plastics, growing application industries, and increasing demand from Consumer goods and FMCG sectors.

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