Press release
Thermoplastics Market Will Exhibit an Impressive Expansion by 2024-2031 | Arya SasolPolymer Co., Arkema S.A., Asahi Kasei Corp.
Thermoplastics market is growing at a CAGR of nearly 9.5% during the forecast period. The major factors that are accelerating the market growth include rising application in consumer goods and electronics industries and growth in the packaging industry. As per the Flexible Packaging Association (FPA), in 2018, the flexible packaging industry had $31.8 billion in sales in the US. It is the second-largest packaging segment in the US, accounting for nearly 19% of the $170 billion US packaging market. In the US, food (retail and institutional) accounted for a major share in flexible packaging, representing nearly 59% of shipments.Thermoplastic materials are significantly utilized for different flexible packaging applications. Polypropylene is one of the most commonly used thermoplastics across the globe. The application of Polypropylene ranges from plastic parts for machinery and equipment, plastic packaging, and even fibres and textiles. Other thermoplastics that are commonly used in the flexible packaging industry include polyethylene (PE), polyvinyl chloride (PVC), and polyethylene terephthalate (PET). PE is the most extensive used thermoplastics for engineered parts and components and is available in a range of grades and formulations according to diverse requirement.
Generally, PE delivers a low coefficient of friction and offers superior electrical properties, chemical and impact resistance. Additionally, PE is easily processed, lightweight, and provide near-zero moisture absorption. High-Density PE is used in multiple packaging applications including bottles for milk and fruit juices, crates, trays, industrial bulk containers, caps for food packaging, jerry cans, drums, among others. HDPE offers the end product a satisfactory impact strength in these applications. However, fluctuating raw material prices is acting as a major restraining factor for the market growth. The market has significant opportunity coupled with the innovation in thermoplastic materials and processes.
To Request a Sample of our Report on Thermoplastics Market: https://www.omrglobal.com/request-sample/thermoplastics-market
Thermoplastics Market Segmentation
By Product
Polyethylene
Polypropylene
Polystyrene
Polycarbonate
Polyethylene Terephthalate
Others
By Application
Packaging
Building and Construction
Consumer Goods
Electronics
Automobiles
Others
A full Report of Thermoplastics Market is Available @ https://www.omrglobal.com/industry-reports/thermoplastics-market
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Arya Sasol Polymer Co.
Arkema S.A.
Asahi Kasei Corp.
BASF SE
Bayer AG
Braskem SA
Chevron Phillips Chemical Co. LLC
China National Petroleum Corp. (CNPC)
The Dow Chemical Co.
DuPont de Nemours, Inc.
Evonik Industries AG
Exxon Mobil Corp.
Formosa Plastics Corp.
Ineos AG
Jam Petrochemical Company
Lanxess AG
Lotte Chemical Corp.
LyondellBasell Industries Holdings B.V.
Mitsubishi Chemical Corp.
Avient Corp.
PTT Global Chemical Public Co.Ltd.
Reliance Industries Ltd. (RIL)
Saudi Basic Industries Corp. (SABIC)
Sumitomo Chemical Co., Ltd.
Toray Industries, Inc.
Total SE
Westlake Plastics Co.
Solvay SA
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/thermoplastics-market
Visit more report on: https://www.linkedin.com/posts/mansi-jain-32a20b1a4_market-activity-7174636250690142208-w5kO?utm_source=share&utm_medium=member_desktop
https://www.linkedin.com/posts/mansi-jain-32a20b1a4_fruit-concentrate-market-is-anticipated-to-activity-7176205242055671808-WgaO?utm_source=share&utm_medium=member_desktop
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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 Thermoplastics Market Will Exhibit an Impressive Expansion by 2024-2031 | Arya SasolPolymer Co., Arkema S.A., Asahi Kasei Corp. here
News-ID: 3506989 • Views: …
More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become…

Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033.
Railway Management System Market Overview
The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,…

Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033.
Monocalcium Phosphate Market Overview
Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The…

Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033.
Automotive Lubricants Market Overview
The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by…
More Releases for Thermoplastic
Thermoplastic Filler Market Size Analysis by Application, Type, and Region: Fore …
USA, New Jersey- According to Market Research Intellect, the global Thermoplastic Filler market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Thermoplastic Filler Market is experiencing steady growth, driven by increasing demand across industries such as automotive, construction, and packaging. These fillers are widely used…
Thermoplastic Valves Market Business Strategies and Challenges, Growth Drivers t …
CALIFORNIA, (UNITED STATES) - According to QYResearch New Study Report 'Thermoplastic Valves Market 2024' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular…
Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) Market Siz …
LP INFORMATION offers a latest published report on Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million…
Mouth Guard Market Segmented By Manufacture - poly (vinyl acetate-ethylene) copo …
Mouth Guard Market- Overview
Mouth guard like several other sports accessories surfaced as one of the essential product, and witnessed rapid proliferation in preference among contact as well as non-contact sports participants. Made of thermoplastic, mouth guard is used to prevent injury in contact sports, such as but not limited to boxing, mixed martial arts, football, basketball, baseball, hockey. Mouth guard over recent times has also been reported to be a…
Thermoplastic Elastomers (TPE) Market Segmentation by Product Types (Styrene-bas …
Thermoplastic Elastomers (TPE) Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers, and the current and future trends. Thermoplastic Elastomers are the class of polymers which consist of thermoplastics and elastomeric properties. Thermoplastic elastomers consist of several properties such as high flexibility, slip resistance, electric…
Thermoplastic Elastomers (TPE) Market | By Product | Thermoplastic Polyolefins , …
The Thermoplastic Elastomers (TPE) market research report recently published by Crystal Market Research Reports offers a detailed study of Thermoplastic Elastomers (TPE) industry across the globe with prime focus on major regions including North America, Europe, and Asia. Intially, the report covers basic information related to Thermoplastic Elastomers (TPE) market such as Thermoplastic Elastomers (TPE) definition, product types, range of applications, supply and demand analysis of Thermoplastic Elastomers (TPE) industry.
The…