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Commodity Plastics Market 2018: Dominated By Exxon Mobil, LG Chem, Sumitomo Chemical, The DOW Chemical, SABIC, BASF And Others-Regional Output, Demand And Forecast By Countries Till 2025
Commodity Plastics Market
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Global Commodity Plastics Market is expected to reach USD 530.74 billion by 2025, from USD 354.31 billion in 2017 growing at a CAGR of 6.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The Commodity Plastics Market research report covers the present scenario Trend and the growth prospects of the global Commodity Plastics industry for 2018-2025. The report obtain, several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
Commodity Plastics market report provides key statistics on the market status of the Commodity Plastics manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Commodity Plastics industry. Research market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. top key players and new comers in industry, competitive landscape, sales, price, revenue, gross margin, market share, market risks, opportunities, market barriers, and challenges.key statistics on the market status.
Global Commodity Plastics Market, By Type (Polyethylene (PE), Polyvinyl Chloride (PVC), Polystyrene (PS), Polypropylene (PP), Poly (Methyl Methacrylate) (PMMA), Others) By Application (Packaging, Automotive, Electronics, Consumer Goods, Construction, Textile, Medical & Pharmaceutical, Others) By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Competitive Analysis: Global Commodity Plastics Market
The global commodity plastics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of commodity plastics market for global, Europe, North America, Asia Pacific and South America.
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Major Market Competitors/Players:
• Exxon Mobil,
• LG Chem,
• Sumitomo Chemical,
• The DOW Chemical,
• SABIC,
• BASF,
• Lyondellbasell,
• Sinopec,
• Ineos,
• Formosa Plastics,
• Mitsubishi Chemical,
• Borealis,
• Chevron Phillips Chemical,
• Eni Spa,
• Reliance Industries,
• Braskem,
• Hanwha Chemical,
• Lotte Chemical,
• Indian Oil,
• Haldia Petrochemicals,
• Nova Chemicals,
• Qenos Pty,
• Qatar Petroleum,
• Westlake Chemical,
• PTT Global Chemical
• Among others
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Major Market Drivers and Restraint:
• Growing packaging sector
• Rising disposable income generating high demand for consumer goods
• Increasing production of lightweight electric vehicles
• Environmental concern of plastic waste
• Government Regulations
Market Segmentation: Global Commodity Plastics Market
• The global commodity plastics market is segmented based on type, application and geographical segments.
• Based on type, the global commodity plastics market is segmented into polyethylene (PE), polyvinyl chloride (PVC), polystyrene (PS), polypropylene (PP), poly methyl methacrylate (PMMA) and others. Polyethylene of ethylene is further sub segmented into HDPE, LDPE and LLDPE. Polyvinyl chloride of ethylene is further sub segmented into rigid PVC and flexible PVC.
• On the basis of application, the global commodity plastics market is classified into packaging, automotive, electronics, consumer goods, construction, textile, medical & pharmaceutical and others. Packaging of ethylene is further sub segmented into film wraps, plastic bags, industrial & household chemical containers, milk jugs, cereal box liners and others. Electronics of ethylene is further sub segmented into air dams, car bumpers, rocker panels, consoles, grilles and others.
• Based on geography, the global commodity plastics market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Note: If You Have Any Special Requirements, Please Let Us Know And We Will Offer You The Report As You Want.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavorsto provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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