The 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.
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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M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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