Top 10 Plastics Market worth 586.24 Billion USD by 2021


Posted July 12, 2018 by upasna

Top 10 Plastics Market by Type (Polyethylene, Polypropylene, Expanded Polystyrene, Polyethylene Terephthalate, Polyvinyl Chloride), Application (Automotive, Building & Construction)- Global Forecast to 2021

 
Global Top 10 Plastics Market was valued at USD 413.19 Billion in 2015 and is projected to reach USD 586.24 Billion by 2021, at a CAGR of 6.84% from 2016 to 2021. The market size was 252.9 Million tons in 2015 and is projected to reach 332.4 Million tons by 2021, at a CAGR of 4.68% from 2016 to 2021. In this study, 2015 has been considered as the base year and 2021 the projected year, with the forecast period from 2016 to 2021.

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Scope of the Report:
This research report categorizes the global top 10 plastics market based on type, application, and region, and forecasts the revenue growth and provides an analysis of trends in each of the submarkets.

On the Basis of Type:
• Polyethylene
• Polypropylene
• Polystyrene
• Polyethylene Terephthalate
• Polyvinyl chloride
• Polycarbonate
• Acrylonitrile Butadiene Styrene
• Polyoxymethylene
• Polyamide
• Polyurethane

Each type is further described in detail in the report with value forecasts until 2021.

On the Basis of Application:
• Automotive & Transportation
• Building & Construction
• Electronics & Consumer Goods
• Packaging
• Textiles
• Others (injection & blow molding, and so on)

Each application segment is further described in detail in the report, with value forecasts until 2021.

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On the Basis of Region:
• Asia-Pacific
• North America
• Europe
• RoW (South America, Middle East & Africa)

Polyethylene (PE) was the largest type segment of the top 10 plastics market in 2015, owing to the extensive use of PE in applications, such as packaging, construction, electrical, electronics, automotive, and so on. Its cost-effective nature, ability to be easily remolded according to requirements, and flexibility makes its large scale utilization possible in the packaging bottles, polyethylene tubing, and polyethylene sheets.

Packaging is estimated to be the largest application segment of market. Industrial growth and infrastructure development, along with the rapidly growing demand for articles that employ plastic packaging, offer lucrative opportunities for the packaging segment to flourish. Manufacturing of plastic containers and films that are used in the packaging of food, beverages, pharmaceuticals, and personal care products further contributes to making packaging the largest application segment of the global top 10 plastics market.

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Issued By upasna
Website https://www.marketsandmarkets.com/Market-Reports/top-10-plastics-market-91494156.html
Country India
Categories Industry , Marketing , Reports
Tags top 10 plastics , top 10 plastics industry , top 10 plastics market , top 10 plastics report , top 10 plastics types
Last Updated July 12, 2018