Press release
Plastic Material And Resins Market Growth By Global Key Players - BASF SE, Bayer Material Science, Total SA
The global plastic material and resins market is expected to decline from $614 billion in 2019 to $607.2 billion in 2020 at a compound annual growth rate (CAGR) of -1.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of % from 2021 and reach $599.9 billion in 2023.
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The plastic material and resins manufacturing market consists of the sales of plastic material and resins by entities (organizations, sole traders or partnerships) that produce resins, plastic materials, and nonvulcanizable thermoplastic elastomers and mix and blend resins on a custom basis and/or produce noncustomized synthetic resins.
The world population is increasingly becoming aware about the adverse impact of plastic materials on the environment. This has led to a rapid increase in demand for eco-friendly plastics: bioplastics that are manufactured from polymer resins derived from plants and plastics that can be decomposed with the help of bacteria.
Plastic Material And Resins Market Segmentation: -
By Type
1. Flake Graphite
2. Non-Flake Graphite
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Plastic Material And Resins Market Characteristics
4. Plastic Material And Resins Market Product Analysis
5. Plastic Material And Resins Market Supply Chain
…………………
19. Plastic Material And Resins Market Competitive Landscape
20. Key Mergers And Acquisitions In The Plastic Material And Resins Market
21. Market Background: Chemicals Market
22. Recommendations
23. Appendix
The report covers the trends and market dynamics of the plastic material and resins marketin major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the plastic material and resins market are LyondellBasell Industries; Dow Chemical Company; BASF SE; Bayer Material Science; Total SA
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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