Press release
Commodity Plastics Market 2023 - Global Business Growth, Competition Landscape, Size, Industry Drivers, Opportunities And Outlook By 2032
The Business Research Company's Commodity Plastics Global Market Report 2023 identifies growing production of plastic as the major driver for the Commodity Plastics market's growth in the forecast period. The packaging industry refers to being actively engaged in the design and manufacture of packaging products. Commodity plastic such as polyethylene and polystyrene are used in applications of packaging film and foam packaging in the packaging industry.
The global commodity plastics market size is expected to grow from $465.38 billion in 2022 to $498.49 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The commodity plastics market size is expected to grow to $637.15 billion in 2027 at a CAGR of 6.3%.
Download Free Sample Of Commodity Plastics Market Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=7865&type=smp
Major competitors in the Commodity Plastics market are Exxon Mobil, LG Chem, Sumitomo Chemical Co. Ltd., The Dow Chemical, Saudi Basic Industries Corporation (SABIC), BASF SE, LyondellBasell Industries N.V.
A key trend in the Commodity Plastics market includes product advancement. Major market players are focusing on technological advancements to sustain their position in the commodity plastics market. For instance, in August 2021, Krehalon, a Netherlands based packaging company, launched the KreCycleTM to meet the demand for more sustainable packaging options, as well as a portfolio of conveniently recyclable high barrier flexible films for fresh food applications. The KreCycleTM product line includes polyester (PET), polyethylene (PE), and polypropylene (PP) based solutions with customized barrier qualities to meet the needs of specific applications. It is perfect for packaging fresh protein products such as red meat, poultry, processed meat, fish, and hard cheese.
Read More On The Global Commodity Plastics Market Report Here:
https://www.thebusinessresearchcompany.com/report/commodity-plastics-global-market-report
The Commodity Plastics market is segmented -
• By Type: Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), Polyethylene Terephthalate (PET), Poly (Methyl Methacrylate) (PMMA)
• By Plastic Type: Reusable, Recyclable
• By End-User: Packaging, Construction, Consumer Goods, Automotive, Electronics, Textiles, Medical and Pharmaceutical, Other End Use Industry
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Commodity Plastics market.
The Business Research Company's "Global Commodity Plastics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Commodity Plastics Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7865
The Table Of Content For The Commodity Plastics Market Include:
1. Executive Summary
2. Commodity Plastics Market Characteristics
3. Commodity Plastics Market Trends And Strategies
4. Commodity Plastics Market - Macro Economic Scenario
5. Commodity Plastics Market Size And Growth
..........................
26. Africa Commodity Plastics Market
27. Commodity Plastics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Commodity Plastics Market
29. Commodity Plastics Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Commodity Plastics Market 2023 - Global Business Growth, Competition Landscape, Size, Industry Drivers, Opportunities And Outlook By 2032 here
News-ID: 3125187 • Views: …
More Releases from The Business research company
Emerging Markets And Increasing Disposable Income Fueling Diamond Market Growth: …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Diamond Market Through 2025?
In the past few years, there has been a stable expansion in the diamond market size. The prediction is it will increase from $1.33 billion in 2024 to $1.39 billion in 2025, boasting a compound annual growth rate…
2025-2034 Nonmetallic Minerals Mining Support Activities Market Outlook: Key Dri …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Nonmetallic Minerals Mining Support Activities Industry Market Size Be by 2025?
In the past few years, there has been a robust expansion in the size of the nonmetallic minerals mining support activities market. It is projected to escalate from $34.04 billion in 2024 to $36.55 billion…
Professional Street Sweeper Industry Outlook 2025-2029: Market Set to Cross $3.1 …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Professional Street Sweeper Market Size By 2025?
The market size of professional street sweepers has seen significant expansion in the past few years. The market, predicted to rise from $2.37 billion in 2024 to $2.5 billion in 2025, boasts a compound annual growth rate (CAGR)…
Key Trends Reshaping the Industrial Wet Dust Collector Market: Advanced Filtrati …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Industrial Wet Dust Collector Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been a robust growth in the size of the industrial wet dust collector market. It is expected to swell from $1.89 billion in 2024 to $2 billion by 2025, showing a…
More Releases for Commodity
Hair Dryer Market: A Hot Commodity
The hair dryer market has experienced significant growth in recent years, driven by increasing consumer awareness of personal grooming and styling. Hair dryers have become essential tools for both professional and personal use, offering convenience, speed, and style versatility.
Market Size and Growth
The global hair dryer market is estimated to be worth billions of dollars, with a significant portion of the growth coming from developed and emerging economies. The rising disposable…
Commodity Vehicle Logistics Service Market Efficient Logistics for Commodity Veh …
The Report on "Commodity Vehicle Logistics Service Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Commodity Vehicle Logistics Service Market Growth: The commodity vehicle logistics service market is witnessing substantial growth as the automotive industry undergoes global expansion and supply chain complexities increase. The market is expanding due to the rising demand…
Update Your Knowledge about Commodity Broker Before You Start Doing Online Commo …
Today, Gill Broking has taken online commodity trading to a new level with personalized services, tailor-made investment plans, and high-tech safety in payments. Furthermore, with the advent of online commodity trading, it has also become necessary to choose a capable broker who can increase your trading profit at much lower charges.
In India, although Commodity Trading has started very recently, however, it has reached its peak in an extremely sharp manner…
Turning trash into a tradeable commodity
From resealable Ziploc plastic bags and airtight plastic storage containers to individual single-portion plastic sachets for your favourite foods, the plastics industry offers many ways for consumers to reduce the amount of food wasted in their homes. However, all this plastic used to preserve food for longer, eventually has to end up somewhere.
"Post-consumer plastic waste is a growing problem for landfill management and in terms of waste disposal. This…
Sindicatum wins Commodity Business Awards 2011
Singapore, 17 November 2011. Sindicatum Sustainable Resources Group won this year’s Commodity Business Award for Excellence in Renewable Energy Markets, as well as a Special Commendation in the Commodity Market Policy & Advisory category (http://www.commoditybusinessawards.com). The awards were announced and presented at a ceremony at the Cumberland Hotel in London on 16 November 2011.
The Commodity Business Awards shortlisted companies “with specialized talent and an innovative approach to developing renewable energy…
Air Conditioning Is A Primary Commodity
Today air conditioning units are used all over the world and are considered as a primary commodity, for home owners and business establishments.
As time marches on temperatures and seasons are changing, air conditioning is now becoming more an essential part of everyday life in the UK, especially as most units today can be a solution to both heating and cooling, thus a machine that can be used all year round.
To…
