Press release
Major Growth Driver Identified in 2025 Commodity Plastics Market: Surging Plastic Production Fuels Growth In The Commodity Plastics Market
Commodity Plastics
Commodity Plastics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The commodity plastics market has also expanded strongly, rising from $526.99 billion in 2024 to $557.92 billion in 2025 at a CAGR of 5.9%. Growth in the past was influenced by raw material price trends, regulatory shifts, global trade patterns, the spread of electronic devices, and the automotive industry's expansion.
Commodity Plastics Market Size Forecast: What's the Projected Valuation by 2029?
There is a projection for a robust expansion in the commodity plastics market size in the coming years, with an estimated growth to $722.55 billion by 2029, facilitated by a CAGR of 6.7%. Several factors such as stringent environmental laws, changes in consumer choices, concerns over water shortages, increasing awareness about plastic pollution and the growth of e-commerce, underpin this expected growth in the forecast period. The period is also expected to be marked by significant trends including the emergence of biodegradable substitutes, emphasis on reducing weight, digital transformations in the manufacturing sector, innovative packaging designs, and the rising popularity of 3D printing.
View the full report here:
https://www.thebusinessresearchcompany.com/report/commodity-plastics-global-market-report
What Are the Drivers Transforming the Commodity Plastics Market?
The anticipated upsurge in plastic production is projected to fuel the expansion of the commodity plastics market. The packaging industry specializes in creating and producing packaging goods and employs commodity plastics like polyethylene and polystyrene for making packaging film and foam packaging. As an example, global plastic production, per the Belgium-based Plastics Europe manufacturing association, touched 400.3 million tons in 2022, a small rise from the year before. Hence, the escalation in plastic production is propelling the commodity plastics market's growth.
Get your free sample here:
#Claim Your Free Sample Report:#
What Long-Term Trends Will Define the Future of the Commodity Plastics Market?
Companies with a significant presence in the commodity plastics market are zeroing in on the creation of novel products like environmentally-friendly plastics. These innovative materials are geared towards decreasing environmental harm and aligning with the rising demand for sustainable materials among consumers. Environmentally-friendly plastics typically utilize renewable resources or biodegradable substances and are formulated to mitigate waste and pollution in oceans and landfills. For example, in March 2023, chemicals corporation LG Chem, located in South Korea, introduced Poly Ethylene Carbonate (PEC), which was born out of a partnership with COSMAX, another South Korea-based company, in the EcoZone. PEC is a next-generation environmentally-friendly material, derived from carbon dioxide and ethylene oxide, posing as a sustainable substitute to the conventional petroleum-based plastics. This eco-friendly plastic is commonly found in cosmetic containers and food packaging, as it supports a decrease in carbon emissions and aids environmental causes.
Which Segments in the Commodity Plastics Market Offer the Most Profit Potential?
The commodity plastics market covered in this report is segmented -
1) By Type: Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), Polyethylene Terephthalate (PET), Poly (Methyl Methacrylate) (PMMA)
2) By Plastic Type: Reusable, Recyclable
3) By End-User: Packaging, Construction, Consumer Goods, Automotive, Electronics, Textiles, Medical And Pharmaceutical, Other End Use Industry
Subsegments:
1) By Polyethylene (PE): Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE), Linear Low-Density Polyethylene (LLDPE)
2) By Polypropylene (PP): Homopolymer Polypropylene, Copolymer Polypropylene
3) By Polyvinyl Chloride (PVC): Rigid PVC, Flexible PVC
4) By Polystyrene (PS): General Purpose Polystyrene (GPPS), High Impact Polystyrene (HIPS)
5) By Acrylonitrile Butadiene Styrene (ABS): Standard ABS, Modified ABS
6) By Polyethylene Terephthalate (PET): Virgin PET, Recycled PET (rPET)
7) By Poly (Methyl Methacrylate) (PMMA): Extruded PMMA, Cast PMMA
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7865&type=smp
Which Firms Dominate the Commodity Plastics Market by Market Share and Revenue in 2025?
Major companies operating in the commodity plastics market include China Petrochemical Corporation, Exxon Mobil Corporation, ENI SpA, Indian Oil Corporation Limited, Reliance Industries Ltd., BASF SE, The Dow Chemical International Private Limited, Saudi Basic Industries Corporation, China Petroleum & Chemical Corporation, Qatar Petroleum, LyondellBasell Industries N.V., LG Chem Ltd., Mitsubishi Chemical Systems Inc., Sumitomo Chemical Co. Ltd., INEOS Group, PTT Global Chemical Public Company Limited, Westlake Corp., Chevron Phillips Chemical Company LLC, Braskem India Private Limited, DuPont de Nemours Inc., Eastman Chemical Company, Formosa Plastics Corporation, Borealis AG, Nova Chemicals Corp., Haldia Petrochemicals Ltd., Qenos Pty Ltd., Hanwha Chemical India Private Limited, Lotte Chemical Engineering Plastics Private Limited
Which Regions Offer the Highest Growth Potential in the Commodity Plastics Market?
Asia-Pacific was the largest region in the commodity plastics market in 2024. The regions covered in the commodity plastics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7865
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Reach out to us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
The Business Research Company, with over 17,500+ reports across 27 industries and 60+ geographies, backed by 1,500,000 datasets and insights from industry leaders, offers comprehensive market intelligence through its flagship product, the Global Market Model (GMM), delivering updated forecasts for informed decision-making.
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 Major Growth Driver Identified in 2025 Commodity Plastics Market: Surging Plastic Production Fuels Growth In The Commodity Plastics Market here
News-ID: 4249831 • Views: …
More Releases from The Business Research Company
2025-2034 Mainframe Modernization Market Evolution: Emerging Opportunities and M …
What Is the Projected Size of the Mainframe Modernization Market by 2025?
Recent years have witnessed substantial expansion in the market dedicated to mainframe modernization, with projections indicating a climb from a valuation of $15.72 billion in 2024 up to $18.12 billion by 2025, a trajectory translating to a compound annual growth rate (CAGR) of 15.2%. This historical upward trend is fueled by several key factors, chief among them being escalating…
Accelerated Digital Transformation Fuels Expansion in the Liquid Crystal Polymer …
How Much Will the Liquid Crystal Polymer (LCP)-Based Molded Interconnect Device Market Size Increase by 2025?
The market for liquid crystal polymer (LCP)-based molded interconnect devices has experienced swift augmentation recently, projected to escalate from a value of $0.64 billion in 2024 to $0.75 billion in 2025, reflecting a compound annual growth rate (CAGR) of 17.3%. This historical expansion is largely traceable to several key factors, including the wider acceptance of…
Consistent Growth Projected for Land-Based Command, Control, Communications, Com …
How Much Is the Land-Based Command, Control, Communications, Computers, Intelligence, Surveillance, And Reconnaissance( C4ISR ) Market Expected to Expand by 2025?
The terrestrial C4ISR sector has experienced robust expansion lately, projected to increase its valuation from $32.64 billion in 2024 to $34.87 billion the following year, reflecting a steady compound annual growth rate of 6.8%. This upward trajectory in the past phase is traceable to several key factors, including a more…
Surging Application Across End Users Powers the Expansion of the Intelligent Ele …
How Large Is the Intelligent Electrical Panel Market Expected to Be by 2025?
The electrical panel segment characterized by intelligence has experienced swift expansion recently, projected to escalate its valuation from a total of $4.47 billion in the year 2024 to $4.95 billion by 2025, demonstrating a compound annual growth rate (CAGR) of 10.7%; this upward trajectory throughout the preceding period is linked to several factors, namely the escalating need for…
More Releases for Poly
Poly(vinyl Acetate) Market Size Report 2025
On Mar 8, 2025, Global Info Research released a research report titled "Global Poly(vinyl Acetate) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031". This report provides detailed data analysis of the Poly(vinyl Acetate) market from 2020 to 2031. Including the market size and development trends of Poly(vinyl Acetate) Market, it analyzes market size indicators such as sales, sales volume, average price and CAGR, it also provides a…
Poly Aluminium Chloride Market Research Report 2023
Polyaluminium Chloride Market
Polyaluminium chloride (PAC) is manufactured in both liquid and powder form. The product is used in deodorants and antiperspirants, as a flocculant in water purification, in treatment of drinking / potable water, wastewater treatment and paper sizing.
In this report, poly alumnium chloride is classified into liquid and powder type. All the poly alumnium chloride products are converted into 30% Al2O3 content.
Due to the COVID-19 pandemic, the global…
Poly-Vents Market to Witness Remarkable Growth | Filtration Group Corporation; P …
Data Bridge Market Research has provides the Qualitative and informative knowledge by adding titled “Poly-Vents Market Analysis and Forecast, 2020 – 2027”. In this report, Researchers have analysed Strength, Weakness, opportunities and threats in the market and provides the unbiased picture of the market with the informative knowledge. The Poly-Vents Market report additionally states import/trade utilization, free market activity figures, cost, value, volume and gross edges.
The study bridges the historical…
Poly-Vents Market To Witness Astonishing Growth | Competitive Outlook By Filtrat …
The Latest survey report on Poly-Vents Market?research gives a holistic overview of the growth and other aspects of the industry in vital countries (regions). The regions provided in this market document show the geographical boundaries across the globe. This report is a wonderful guide to achieve an information or key data about market, emerging trends, product usage, customer inclinations, motivating factors for customers, competitor strategies, brand positioning, future trends, customer…
Poly Adenosine Diphosphate Ribose Polymerase Market Drivers
Poly adenosine diphosphate ribose polymerase (PARP) is a family of 17 enzymes that combine several (poly) units of ADP-ribose in a chain and transfer them to the target proteins. These proteins aid in restoring the damage in DNA caused due to various factors such as exposure to UV rays, radiation, some anti-cancer drugs or other substances in the environment. PARP inhibitors aid in blocking the enzyme important for the repair…
Poly Adenosine Diphosphate Ribose Polymerase Market Drivers
Poly adenosine diphosphate ribose polymerase (PARP) is a family of 17 enzymes that combine several (poly) units of ADP-ribose in a chain and transfer them to the target proteins. These proteins aid in restoring the damage in DNA caused due to various factors such as exposure to UV rays, radiation, some anti-cancer drugs or other substances in the environment. PARP inhibitors aid in blocking the enzyme important for the repair…
