Press release
Commodity Plastics Market Poised to Hit USD 567.4 billion by 2028, Expanding at a 3.3% CAGR
๐๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:The commodity plastics market size was valued at USD 435.8 billion in 2020. It is projected to grow to USD 567.4 billion by 2028, exhibiting a compound annual growth rate of 3.3% from 2021 to 2028.
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Plastic's inventiveness and adaptable attributes render it the substance of choice in a plethora of applications. The most usual kinds of plastics one can even detect on the desk or in the kitchen are commodity plastics. Dissimilar to engineering plastics, which are favoured in all kinds of high-end applications, they show minimum outstanding mechanical attributes. Thus, they are cost effective and can be effortlessly processed into things of daily usage.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/commodity-plastics-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โข Several reasons have contributed to the expansion of the commodity plastics market in recent years. Among these is their extensive usage in consumer goods, manufacturing, automotive, packaging, construction, electronics, pharmaceuticals, and textiles, amongst other industries.
โข The market size will expand due to the bio based polymers providing superior alternatives in context to strict administrative structure for plastic usage in contrast to conventional ones. They display attributes such as moisture aversion and elevated longevity. All these factors indicate market growth.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The players are perceived as cautiously appealing in ventures targeted at the advancement of contemporary commodities and progressive technology. Here is the list of the leading companies operating in the commodity plastics market:
โข Covestro
โข BASF SE
โข Mitsui Chemicals Inc.
โข Eastman Chemical Corporation
โข INEOS
โข Mitsubishi Chemical Corporation
โข DIC Corp & RTP Company Huntsman Corporation
โข LyondellBasell
โข The Dow Chemical Co.
โข Nippon Polyurethane Industry Corp Ltd.
โข Woodbridge Foam Corp.
โข Lubrizol Corporation
โข The Rampf Holding GmbH & Co. KG
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/commodity-plastics-market/inquire-before-buying
๐๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐:
๐. ๐๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐ฉ๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
1. Key Findings
2. Polyethylene (PE)
1. Global Market Estimates and Forecasts, 2016 - 2028
3. Polypropylene (PP)
1. Global Market Estimates and Forecasts, 2016 - 2028
4. Polyvinyl chloride (PVC)
1. Global Market Estimates and Forecasts, 2016 - 2028
5. Polyethylene terephthalate (PET)
1. Global Market Estimates and Forecasts, 2016 - 2028
6. Polystyrene (PS)
1. Global Market Estimates and Forecasts, 2016 - 2028
7. Others
1. Global Market Estimates and Forecasts, 2016 - 2028
๐. ๐๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐ฉ๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
1. Key Findings
2. Automotive
1. Global Market Estimates and Forecasts, 2016 - 2028
3. Consumer Goods
1. Global Market Estimates and Forecasts, 2016 - 2028
4. Electronics
1. Global Market Estimates and Forecasts, 2016 - 2028
5. Packaging
1. Global Market Estimates and Forecasts, 2016 - 2028
6. Pharmaceuticals
1. Global Market Estimates and Forecasts, 2016 - 2028
7. Textiles
1. Global Market Estimates and Forecasts, 2016 - 2028
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/commodity-plastics-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The commodity plastics analysis is mainly based on product, application and region. Based on product analysis, PET witnessed the fastest growth. Growing demand from the packaging industry and the rising approval of flexible packaging are pushing the market growth.
According to the application, the packaging segment holds a significant revenue share. Advancements in material development technology, demand for flexible packaging commodities, and the growing usage of green packaging substances are factors that are here to stay.
๐๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐จ๐ฅ๐ฎ๐ฆ๐, ๐๐ข๐ฅ๐จ ๐๐จ๐ง๐ฌ; ๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
โข Polyethylene (PE)
โข Polypropylene (PP)
โข Polyvinyl Chloride (PVC)
โข Polystyrene (PS)
โข Poly (methyl methacrylate) (PMMA)
โข Others
๐๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ฌ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐จ๐ฅ๐ฎ๐ฆ๐, ๐๐ข๐ฅ๐จ ๐๐จ๐ง๐ฌ; ๐๐๐ฏ๐๐ง๐ฎ๐, ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
โข Automotive
โข Consumer Goods
โข Electronics
โข Packaging
โข Pharmaceuticals
โข Textiles
โข Others
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Canopy Market:
https://www.polarismarketresearch.com/industry-analysis/canopy-market
Titanium Dioxide (TiO2) Market:
https://www.polarismarketresearch.com/industry-analysis/titanium-dioxide-tio2-market
LED Packaging Market:
https://www.polarismarketresearch.com/industry-analysis/led-packaging-market
Polyurethane Foam Market:
https://www.polarismarketresearch.com/industry-analysis/polyurethane-foam-market
Industrial Gases Market:
https://www.polarismarketresearch.com/industry-analysis/industrial-gases-market
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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