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Commodity Plastics Market Poised to Hit USD 567.4 billion by 2028, Expanding at a 3.3% CAGR

02-04-2025 06:45 AM CET | Chemicals & Materials

Press release from: Polaris Market Research & Consulting

Commodity Plastics Market Poised to Hit USD 567.4 billion

๐‚๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

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.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

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.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/commodity-plastics-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

โ€ข 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.
โ€ข 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.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

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:

โ€ข Covestro
โ€ข BASF SE
โ€ข Mitsui Chemicals Inc.
โ€ข Eastman Chemical Corporation
โ€ข INEOS
โ€ข Mitsubishi Chemical Corporation
โ€ข DIC Corp & RTP Company Huntsman Corporation
โ€ข LyondellBasell
โ€ข The Dow Chemical Co.
โ€ข Nippon Polyurethane Industry Corp Ltd.
โ€ข Woodbridge Foam Corp.
โ€ข Lubrizol Corporation
โ€ข The Rampf Holding GmbH & Co. KG

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/commodity-plastics-market/inquire-before-buying

๐‚๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐Ž๐‚:

๐Ÿ. ๐‚๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐ฉ๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ
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Ÿ. ๐‚๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐ฉ๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
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

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

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)

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐“๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:

https://www.polarismarketresearch.com/industry-analysis/commodity-plastics-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

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.

๐‚๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ฌ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐•๐จ๐ฅ๐ฎ๐ฆ๐ž, ๐Š๐ข๐ฅ๐จ ๐“๐จ๐ง๐ฌ; ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐”๐’๐ƒ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ” - ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–)
โ€ข Polyethylene (PE)
โ€ข Polypropylene (PP)
โ€ข Polyvinyl Chloride (PVC)
โ€ข Polystyrene (PS)
โ€ข Poly (methyl methacrylate) (PMMA)
โ€ข Others

๐‚๐จ๐ฆ๐ฆ๐จ๐๐ข๐ญ๐ฒ ๐๐ฅ๐š๐ฌ๐ญ๐ข๐œ๐ฌ ๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐•๐จ๐ฅ๐ฎ๐ฆ๐ž, ๐Š๐ข๐ฅ๐จ ๐“๐จ๐ง๐ฌ; ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž, ๐”๐’๐ƒ ๐Œ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ” - ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ–)
โ€ข Automotive
โ€ข Consumer Goods
โ€ข Electronics
โ€ข Packaging
โ€ข Pharmaceuticals
โ€ข Textiles
โ€ข Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
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
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

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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