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  • Published In : Mar 2024
  • Code : CMI6777
  • Pages : 140
  • Formats :
      Excel and PDF
  • Industry : Advanced Materials
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The commodity plastic market is estimated to be valued at USD 593.45 Bn in 2024, growing at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031. The global commodity plastic market has experienced steady growth over the past few decades. Commodity plastics refer to bulk plastics that are manufactured in high volumes and are widely used across industries due to their versatility and cost-effectiveness. Some key commodity plastics include polyethylene (PE), polyvinyl chloride (PVC), polystyrene (PS), polypropylene (PP), and polyethylene terephthalate (PET). These plastics find widespread application in the packaging, construction, automotive, consumer goods, and various other industrial sectors owing to properties such as durability, moldability, and resistance to corrosion. Rapid industrialization and urbanization along with growing plastic consumption per capita have been fostering the demand for commodity plastics globally.

 Market Dynamics:

Rising plastic consumption across various end-use industries has been a major growth driver for the global commodity plastic market. Plastics are increasingly substituting traditional materials in diverse applications due to their lightweight and low-cost advantages. Moreover, steady investments in infrastructure development and construction activities in emerging economies are further augmenting the plastic demand. However, stringent environmental regulations regarding plastic disposal and recycling may hamper the market growth. On the other hand, the development of bio-based and recyclable plastics is expected to present lucrative opportunities for market expansion in the coming years.

 Key Features of the Study:

  • This report provides an in-depth analysis of the global commodity plastic market, and provides market size (US$ Bn & KT) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global commodity plastic market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Exxon Mobil, LG Chem, Sumitomo Chemical, The Dow Chemical Company, SABIC, BASF SE, LyondellBasell, Sinopec, Ineos, Formosa Plastics, Mitsubishi Chemical, Borealis AG, Chevron Phillips, Chemical, ENI SpA, Reliance Industries, Braskem, Hanwha Chemical, Lotte Chemical, and Indian Oil
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global commodity plastic market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global commodity plastic market

Market Segmentation

  • By Type:
    • PE
    • PP
    • PVC
    • PS
    • ABS
    • Others (PET, etc.)
  • By End Use Industry:
    • Packaging
    • Construction
    • Consumer Goods
    • Automotive
    • Electronics
    • Textiles
    • Medical & Pharmaceutical
    • Others (agricultural films, sports equipment, etc.)
  • By Regional:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • Exxon Mobil
    • LG Chem
    • Sumitomo Chemical
    • The Dow Chemical Company
    • SABIC
    • BASF SE
    • LyondellBasell
    • Sinopec
    • Ineos
    • Formosa Plastics
    • Mitsubishi Chemical
    • Borealis AG
    • Chevron Phillips
    • Chemical
    • ENI SpA
    • Reliance Industries
    • Braskem
    • Hanwha Chemical
    • Lotte Chemical
    • Indian Oil

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By End-Use Industry
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Key Developments
      • Industry Trend
  4. Global Commodity Plastic Market - Impact of Coronavirus (COVID-19) Pandemic
    • Overview
    • Factors Affecting the Global Commodity Plastic Market – COVID-19
    • Impact Analysis
  5. Global Commodity Plastic Market, By Type, 2019-2031, (US$ Bn & KT)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2020 - 2031
      • Segment Trends
    • PE
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • PP
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • PVC
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • PS
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • ABS
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others (PET, etc.)
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  6. Global Commodity Plastic Market, By End-Use Industry, 2019-2031 (US$ Bn & KT)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2020 - 2031
      • Segment Trends
    • Packaging
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Construction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Consumer Goods
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Automotive
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Electronics
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Textiles
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Medical & Pharmaceutical
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
    • Others (agricultural films, sports equipment, etc.)
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2019 - 2031
      • Segment Trends
  7. Global Commodity Plastic Market, By Region, 2019-2031 (US$ Bn & KT)
    • Introduction
      • Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2020 - 2031
    • North America
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Type, 2019 - 2031 (US$ Bn & KT)
      • Market Size and Forecast, By End-Use Industry, 2019 - 2031 (US$ Bn & KT)
      • Countries
        • U.S.
        • Canada
    • Latin America
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Type, 2019 - 2031 (US$ Bn & KT)
      • Market Size and Forecast, By End-Use Industry, 2019 - 2031 (US$ Bn & KT)
      • Countries
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product, 2019 - 2031 (US$ Bn & KT)
      • Market Size and Forecast, By End-Use Industry, 2019 - 2031 (US$ Bn & KT)
      • Countries
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2031
      • Market Size and Forecast, By Product, 2019 - 2031 (US$ Bn & KT)
      • Market Size and Forecast, By End-Use Industry, 2019 - 2031 (US$ Bn & KT)
      • Countries
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Market Share Analysis, By Region/Country, 2024, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Region/Country, 2019 - 2031
      • Market Size and Forecast, By Product, 2019- 2031 (US$ Bn & KT)
      • Market Size and Forecast, By End-Use Industry, 2019- 2031 (US$ Bn & KT)
      • Sub-Regions/Countries
        • GCC Countries
        • Israel
        • Rest of Middle East & Africa
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • Exxon Mobil
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • LG Chem
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Sumitomo Chemical
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • The Dow Chemical Company
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • SABIC
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • BASF SE
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • LyondellBasell
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Sinopec
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Ineos
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Formosa Plastics
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Mitsubishi Chemical
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Borealis AG
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Chevron Phillips
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Chemical
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • ENI SpA
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Reliance Industries
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Braskem
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Hanwha Chemical
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Lotte Chemical
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Indian Oil
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
  9. Analyst Recommendation
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  10. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

* Browse 50 market data tables* and 40 figures* on “Global Commodity Plastic Market” - forecast to 2031.

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