Press release
Commodity Plastic Market 2023- 2009 Evolving Opportunities with DuPont, Exxon Mobil, LG Chem, SABIC, Sumitomo Chemical, NOVA Chemicals | Forecast Till 2029
Commodity Plastic Market
According to QYResearch's new survey, global Commodity Plastic market is projected to reach US$ 545840 million in 2029, increasing from US$ 448330 million in 2022, with the CAGR of 2.8% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Commodity Plastic market research.
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Commodity plastics are plastics that are used in high volume and wide range of applications, such as film for packaging, photographic and magnetic tape, clothing, beverage and trash containers and a variety of household products where mechanical properties and service environments are not critical. Research analysis on the global commodity plastic market identifies increasing use of commodity plastics over glass materials for food and beverage packaging will be one of the major factors that will have a positive impact on the growth of the market.
Market Overview -
The Commodity Plastic industry plays a pivotal role in supporting industries such as manufacturing, construction, healthcare, automotive, electronics, and many more. It encompasses a wide range of products, including basic chemicals, specialty chemicals, polymers, metals, ceramics, composites, and advanced materials. As economies recover from the impacts of the COVID-19 pandemic, the demand for Commodity Plastic is witnessing steady growth across various sectors.
Competitive Landscape:
The Commodity Plastic Industry is highly competitive, characterized by the presence of both global conglomerates and niche players. Key market players include:
BASF
China Petrochemical Corporation
DuPont
Exxon Mobil
LG Chem
LyondellBasell Industries Holdings
SABIC
Sumitomo Chemical
The Dow Chemical Company
Borealis
Chevron Phillips Chemical Company
Formosa Plastics
INEOS
National Petrochemical Company
NOVA Chemicals
Reliance Industries Limited
Royal DSM
USI
Versalis
Commodity Plastic Market Segmentation:-
The report provides a detailed segmentation analysis based on product types, end-users, applications, and regions. This segmentation helps businesses identify specific target markets and understand the diverse requirements of customers.
Segment by Type
PE
PP
PVC
PET
PS
Other
Segment by Application
Packaging
Consumer goods
Electronics
Automotive
Textiles
Pharmaceuticals
Other
Production
Market Trends and Drivers
This section will focus on the latest trends and drivers shaping the Commodity Plastic industry. Some of the trends may include the adoption of sustainable practices, increased demand for bio-based materials, digitalization of chemical manufacturing processes, and the rise of green chemistry. Additionally, we will identify key drivers, such as rising consumer demand, rapid industrialization in emerging economies, and advancements in material science.
Challenges and Restraints
Despite its growth potential, the Commodity Plastic industry faces several challenges and restraints. This section will discuss issues like stringent environmental regulations, volatility in raw material prices, and the need to address safety concerns. We will also analyze the impact of these challenges on the market and potential mitigation strategies.
Emerging Opportunities
This section will explore potential growth opportunities and untapped markets within the Commodity Plastic industry. These opportunities may arise from technological advancements, shifting consumer preferences, or evolving regulatory landscapes. We will also highlight the prospects for innovation and research & development in the industry.
Future Outlook: -
The Commodity Plastic industry is projected to witness steady growth in the coming years, driven by advancements in technology, expanding applications, and increasing investments in R&D. Emerging Commodity Plastic markets in Asia-Pacific and Latin America are expected to offer significant growth opportunities.
Regional Analysis
The Commodity Plastic industry's performance varies significantly across regions. In this section, we will provide a comprehensive analysis of the market in key regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The analysis will include market size, growth prospects, and major factors influencing the market in each region.
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Table of Content
1 Commodity Plastic Market Overview
1.1 Product Definition
1.2 Commodity Plastic Segment by Type
1.2.1 Global Commodity Plastic Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 PE
1.2.3 PP
1.2.4 PVC
1.2.5 PET
1.2.6 PS
1.2.7 Other
1.3 Commodity Plastic Segment by Application
1.3.1 Global Commodity Plastic Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Packaging
1.3.3 Consumer goods
1.3.4 Electronics
1.3.5 Automotive
1.3.6 Textiles
1.3.7 Pharmaceuticals
1.3.8 Other
1.4 Global Market Growth Prospects
1.4.1 Global Commodity Plastic Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Commodity Plastic Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Commodity Plastic Production Estimates and Forecasts (2018-2029)
1.4.4 Global Commodity Plastic Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Commodity Plastic Production Market Share by Manufacturers (2018-2023)
2.2 Global Commodity Plastic Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Commodity Plastic, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Commodity Plastic Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Commodity Plastic Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Commodity Plastic, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Commodity Plastic, Product Offered and Application
2.8 Global Key Manufacturers of Commodity Plastic, Date of Enter into This Industry
2.9 Commodity Plastic Market Competitive Situation and Trends
2.9.1 Commodity Plastic Market Concentration Rate
2.9.2 Global 5 and 10 Largest Commodity Plastic Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Commodity Plastic Production by Region
3.1 Global Commodity Plastic Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Commodity Plastic Production Value by Region (2018-2029)
3.2.1 Global Commodity Plastic Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Commodity Plastic by Region (2024-2029)
3.3 Global Commodity Plastic Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Commodity Plastic Production by Region (2018-2029)
3.4.1 Global Commodity Plastic Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Commodity Plastic by Region (2024-2029)
3.5 Global Commodity Plastic Market Price Analysis by Region (2018-2023)
3.6 Global Commodity Plastic Production and Value, Year-over-Year Growth
3.6.1 North America Commodity Plastic Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Commodity Plastic Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Commodity Plastic Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Commodity Plastic Production Value Estimates and Forecasts (2018-2029)
4 Commodity Plastic Consumption by Region
4.1 Global Commodity Plastic Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Commodity Plastic Consumption by Region (2018-2029)
4.2.1 Global Commodity Plastic Consumption by Region (2018-2023)
4.2.2 Global Commodity Plastic Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Commodity Plastic Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Commodity Plastic Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Commodity Plastic Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Commodity Plastic Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Commodity Plastic Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Commodity Plastic Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Commodity Plastic Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Commodity Plastic Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Commodity Plastic Production by Type (2018-2029)
5.1.1 Global Commodity Plastic Production by Type (2018-2023)
5.1.2 Global Commodity Plastic Production by Type (2024-2029)
5.1.3 Global Commodity Plastic Production Market Share by Type (2018-2029)
5.2 Global Commodity Plastic Production Value by Type (2018-2029)
5.2.1 Global Commodity Plastic Production Value by Type (2018-2023)
5.2.2 Global Commodity Plastic Production Value by Type (2024-2029)
5.2.3 Global Commodity Plastic Production Value Market Share by Type (2018-2029)
5.3 Global Commodity Plastic Price by Type (2018-2029)
6 Segment by Application
6.1 Global Commodity Plastic Production by Application (2018-2029)
6.1.1 Global Commodity Plastic Production by Application (2018-2023)
6.1.2 Global Commodity Plastic Production by Application (2024-2029)
6.1.3 Global Commodity Plastic Production Market Share by Application (2018-2029)
6.2 Global Commodity Plastic Production Value by Application (2018-2029)
6.2.1 Global Commodity Plastic Production Value by Application (2018-2023)
6.2.2 Global Commodity Plastic Production Value by Application (2024-2029)
6.2.3 Global Commodity Plastic Production Value Market Share by Application (2018-2029)
6.3 Global Commodity Plastic Price by Application (2018-2029)
7 Key Companies Profiled
7.1 BASF
7.1.1 BASF Commodity Plastic Corporation Information
7.1.2 BASF Commodity Plastic Product Portfolio
7.1.3 BASF Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.1.4 BASF Main Business and Markets Served
7.1.5 BASF Recent Developments/Updates
7.2 China Petrochemical Corporation
7.2.1 China Petrochemical Corporation Commodity Plastic Corporation Information
7.2.2 China Petrochemical Corporation Commodity Plastic Product Portfolio
7.2.3 China Petrochemical Corporation Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.2.4 China Petrochemical Corporation Main Business and Markets Served
7.2.5 China Petrochemical Corporation Recent Developments/Updates
7.3 DuPont
7.3.1 DuPont Commodity Plastic Corporation Information
7.3.2 DuPont Commodity Plastic Product Portfolio
7.3.3 DuPont Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.3.4 DuPont Main Business and Markets Served
7.3.5 DuPont Recent Developments/Updates
7.4 Exxon Mobil
7.4.1 Exxon Mobil Commodity Plastic Corporation Information
7.4.2 Exxon Mobil Commodity Plastic Product Portfolio
7.4.3 Exxon Mobil Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Exxon Mobil Main Business and Markets Served
7.4.5 Exxon Mobil Recent Developments/Updates
7.5 LG Chem
7.5.1 LG Chem Commodity Plastic Corporation Information
7.5.2 LG Chem Commodity Plastic Product Portfolio
7.5.3 LG Chem Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.5.4 LG Chem Main Business and Markets Served
7.5.5 LG Chem Recent Developments/Updates
7.6 LyondellBasell Industries Holdings
7.6.1 LyondellBasell Industries Holdings Commodity Plastic Corporation Information
7.6.2 LyondellBasell Industries Holdings Commodity Plastic Product Portfolio
7.6.3 LyondellBasell Industries Holdings Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.6.4 LyondellBasell Industries Holdings Main Business and Markets Served
7.6.5 LyondellBasell Industries Holdings Recent Developments/Updates
7.7 SABIC
7.7.1 SABIC Commodity Plastic Corporation Information
7.7.2 SABIC Commodity Plastic Product Portfolio
7.7.3 SABIC Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.7.4 SABIC Main Business and Markets Served
7.7.5 SABIC Recent Developments/Updates
7.8 Sumitomo Chemical
7.8.1 Sumitomo Chemical Commodity Plastic Corporation Information
7.8.2 Sumitomo Chemical Commodity Plastic Product Portfolio
7.8.3 Sumitomo Chemical Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Sumitomo Chemical Main Business and Markets Served
7.7.5 Sumitomo Chemical Recent Developments/Updates
7.9 The Dow Chemical Company
7.9.1 The Dow Chemical Company Commodity Plastic Corporation Information
7.9.2 The Dow Chemical Company Commodity Plastic Product Portfolio
7.9.3 The Dow Chemical Company Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.9.4 The Dow Chemical Company Main Business and Markets Served
7.9.5 The Dow Chemical Company Recent Developments/Updates
7.10 Borealis
7.10.1 Borealis Commodity Plastic Corporation Information
7.10.2 Borealis Commodity Plastic Product Portfolio
7.10.3 Borealis Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Borealis Main Business and Markets Served
7.10.5 Borealis Recent Developments/Updates
7.11 Chevron Phillips Chemical Company
7.11.1 Chevron Phillips Chemical Company Commodity Plastic Corporation Information
7.11.2 Chevron Phillips Chemical Company Commodity Plastic Product Portfolio
7.11.3 Chevron Phillips Chemical Company Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Chevron Phillips Chemical Company Main Business and Markets Served
7.11.5 Chevron Phillips Chemical Company Recent Developments/Updates
7.12 Formosa Plastics
7.12.1 Formosa Plastics Commodity Plastic Corporation Information
7.12.2 Formosa Plastics Commodity Plastic Product Portfolio
7.12.3 Formosa Plastics Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Formosa Plastics Main Business and Markets Served
7.12.5 Formosa Plastics Recent Developments/Updates
7.13 INEOS
7.13.1 INEOS Commodity Plastic Corporation Information
7.13.2 INEOS Commodity Plastic Product Portfolio
7.13.3 INEOS Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.13.4 INEOS Main Business and Markets Served
7.13.5 INEOS Recent Developments/Updates
7.14 National Petrochemical Company
7.14.1 National Petrochemical Company Commodity Plastic Corporation Information
7.14.2 National Petrochemical Company Commodity Plastic Product Portfolio
7.14.3 National Petrochemical Company Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.14.4 National Petrochemical Company Main Business and Markets Served
7.14.5 National Petrochemical Company Recent Developments/Updates
7.15 NOVA Chemicals
7.15.1 NOVA Chemicals Commodity Plastic Corporation Information
7.15.2 NOVA Chemicals Commodity Plastic Product Portfolio
7.15.3 NOVA Chemicals Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.15.4 NOVA Chemicals Main Business and Markets Served
7.15.5 NOVA Chemicals Recent Developments/Updates
7.16 Reliance Industries Limited
7.16.1 Reliance Industries Limited Commodity Plastic Corporation Information
7.16.2 Reliance Industries Limited Commodity Plastic Product Portfolio
7.16.3 Reliance Industries Limited Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.16.4 Reliance Industries Limited Main Business and Markets Served
7.16.5 Reliance Industries Limited Recent Developments/Updates
7.17 Royal DSM
7.17.1 Royal DSM Commodity Plastic Corporation Information
7.17.2 Royal DSM Commodity Plastic Product Portfolio
7.17.3 Royal DSM Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.17.4 Royal DSM Main Business and Markets Served
7.17.5 Royal DSM Recent Developments/Updates
7.18 USI
7.18.1 USI Commodity Plastic Corporation Information
7.18.2 USI Commodity Plastic Product Portfolio
7.18.3 USI Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.18.4 USI Main Business and Markets Served
7.18.5 USI Recent Developments/Updates
7.19 Versalis
7.19.1 Versalis Commodity Plastic Corporation Information
7.19.2 Versalis Commodity Plastic Product Portfolio
7.19.3 Versalis Commodity Plastic Production, Value, Price and Gross Margin (2018-2023)
7.19.4 Versalis Main Business and Markets Served
7.19.5 Versalis Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Commodity Plastic Industry Chain Analysis
8.2 Commodity Plastic Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Commodity Plastic Production Mode & Process
8.4 Commodity Plastic Sales and Marketing
8.4.1 Commodity Plastic Sales Channels
8.4.2 Commodity Plastic Distributors
8.5 Commodity Plastic Customers
9 Commodity Plastic Market Dynamics
9.1 Commodity Plastic Industry Trends
9.2 Commodity Plastic Market Drivers
9.3 Commodity Plastic Market Challenges
9.4 Commodity Plastic Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
What to expect in our report?
(1) A complete section of the Commodity Plastic market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the global Commodity Plastic market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the global Commodity Plastic market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the global Commodity Plastic market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusion of the research study provided in the Commodity Plastic Market report.
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc.), expert's resources (included energy automotive chemical medical ICT consumer goods etc.
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