Plastic Market Valued at USD 507.45 Bn in 2023: Key Players BASF, Dow, Exxon

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Global Plastic Market to Reach USD 714.03 Bn by 2030, Growing at a CAGR of 5%

Market Size:

The Global Plastic Market, valued at USD 507.45 Bn in 2023, is projected to experience significant growth. The market's overall revenue is anticipated to rise at a compound annual growth rate (CAGR) of 5% from 2024 to 2030, reaching nearly USD 714.03 Bn by 2030.

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Market Overview:

Researchers examining the Global Plastic Market highlight the industry's key limitations, opportunities, and challenges expected to influence its growth over the forecast period. Factors such as supply and demand, imports and exports, distribution networks, consumption, and manufacturing capacity provide business owners, stakeholders, and field marketers with a competitive edge.

Some of the features of “Growth Opportunities:

The report "Growth Opportunities in the Global Plastic Market 2024-2030: Trends, Forecast, and Opportunity Analysis" includes market size estimates in terms of shipping value (USD Bn), analysis of market trends and forecasts by segment and region, and market value analysis by various segments. It also examines development prospects and strategic analyses, including mergers and acquisitions, new product developments, and competitive landscapes, using Porter's Five Forces model to assess industry competitive intensity.

Segmentation:

The report explores the various users of the Global Plastic market and the reasons for its growth. It provides data on market players, regions, and special requirements. The segmentation includes:

  • By Product: PE, PP, PU, PVC, Polystyrene, ABS, PBT, PPO, Epoxy Polymers, LCP, PC, Polyamide
  • By Application: Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceutical, Electrical & Electronics
  • By Technology: Injection Molding, Blow Molding, Extrusion Molding, Thermoforming, Rotational Molding

Key Players:

  1. BASF SE
  2. SABIC
  3. Dow Inc.
  4. DuPont de Nemours, Inc.
  5. Evonik Industries
  6. Sumitomo Chemical Co., Ltd.
  7. Arkema
  8. Celanese Corporation
  9. Eastman Chemical Company
  10. Chevron Phillips Chemical Co., LLC
  11. Lotte Chemical Corporation
  12. Exxon Mobil Corporation
  13. Formosa Plastic Corporation
  14. Covestro AG
  15. Toray Industries, Inc.
  16. Mitsui & Co. Plastic Ltd.

Geographical Overview:

The report's geographical analysis is crucial for understanding the Global Plastic market's research and development. It covers key regions such as North America, South America, Europe, Asia Pacific, and the Middle East & Africa.

Table of Contents: Function as a Service Market

• Part 1: Overview of Function as a Service Market

• Part 2: Epigenetics Carts: Global Market Status and Forecast by Regions

• Part 3: Global Market Status and Forecast by Types

• Part 4: Global Market Status and Forecast by Downstream Industry

• Part 5: Market Driving Factor Analysis

• Part 6: Market Competition Status by Major Manufacturers

• Part 7: Major Manufacturers Introduction and Market Data

• Part 8: Upstream and Downstream Market Analysis

• Part 9: Cost and Gross Margin Analysis

• Part 10: Marketing Status Analysis

• Part 11: Market Report Conclusion

• Part 12: Epigenetics: Research Methodology and Reference 

A complete research report and an in-depth TOC contain tables and figures on the "Global Market”: https://www.maximizemarketresearch.com/market-report/global-plastic-market/100495/ 

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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