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Commodity Plastics Market to Witness Huge Growth by Key Players: Exxon Mobil, LG Chem, Sumitomo Chemical, The Dow Chemical Company and more.

01-23-2021 11:53 AM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Commodity Plastics Market to Witness Huge Growth by Key Players:

According to Market Study Report, Commodity Plastics Market provides a comprehensive analysis of the Commodity Plastics Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.

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The global commodity plastics market size is projected to grow from USD 468.3 billion in 2020 to USD 596.1 billion by 2025, at a CAGR of 6.0% between 2020 and 2025. This report spread across 164 Pages, Profiling 11 Companies and Supported with 76 Tables and 49 figures are now available in this research.

Top Companies Profiled in the Commodity Plastics Market:
• Exxon Mobil (US)
• LG Chem (South Korea)
• Sumitomo Chemical (Japan)
• The Dow Chemical Company (US)
• SABIC (Saudi Arabia)
• BASF SE (Germany)
• LyondellBasell (Netherlands)
• Sinopec (China)
• Ineos (Switzerland)
• Formosa Plastics (Taiwan)
• Mitsubishi Chemical (Japan)
• Borealis AG (Austria)
• Chevron Phillips Chemical (US)
• ENI SpA (Italy)
• Reliance Industries (India)
• Braskem (Brazil)
• Hanwha Chemical (South Korea)
• Lotte Chemical (South Korea)
• Indian Oil (India)
• Haldia Petrochemicals (India)
• Nova Chemicals (Canada)
• Qenos Pty (Australia)
• Qatar Petroleum (Qatar)
• Westlake Chemical (US)
• PTT Global Chemical (Thailand)

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PET is a plastic resin and the most commonly used plastic material. A large number of consumer products, beverages, and food items are packaged and delivered and with this material. PET is manufactured from polyester and has good water and moisture resistance, due to which, it is used in the manufacturing of soft drinks bottles.

China, India, and Japan are the major countries contributing to the commodity plastics market in APAC. The growth is driven by factors such as increase in demand for convenience by consumers and concerns about product safety are some of the major reasons that could drive the commodity plastics market in the region. The presence of many small and medium commodity plastics manufacturers has also contributed to the growth of the commodity plastics market in this region.

Competitive Landscape of Commodity Plastics Market:
1 Introduction
2 Competitive Leadership Mapping
2.1 Star
2.2 Emerging Leaders
2.3 Pervasive
2.4 Emerging Companies
3 Strength Of Product Portfolio
4 Business Strategy Excellence
5 Market Ranking
6 Competitive Scenario
6.1 Investment & Expansion
6.2 Mergers & Acquisition
6.3 Contract, Agreement, Joint Venture, Collaboration, And Partnership
6.4 New Product Launch/Development

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Research Coverage:
This report provides detailed segmentation of the commodity plastics market based on type, end-use industry, and region. The type segment is divided into PE, PP, PVC, PS, ABS, PET, and PMMA. Based on the end-use industry, the commodity plastics market has been segmented into packaging, construction, consumer goods, automotive, electronics, textiles, medical & pharmaceutical, and others.

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