The Business Research Company’s plastic
material and resins global market report, covers the year-on-year growth of the global
plastic material and resins market historic and forecast growth. It also includes
chapters on the plastic material and resins market trends, geographical
analysis, and competitive landscape.
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the report at:
The global plastic material and resins market
size is expected to reach $500 billion by 2022, significantly growing at a CAGR
of around 4.5% during the forecast period.
plastic
material and resins market trends
The
plastic material and resins market consist of the sales of plastic material and
resins by entities (organizations, sole traders or partnerships) that produce
resins, plastic materials, and no vulcanizable thermoplastic elastomers and mix
and blend resins on a custom basis and/or produce no customized synthetic
resins.
The
world population is increasingly becoming aware about the adverse impact of
plastic materials on the environment. This has led to a rapid increase in
demand for eco-friendly plastics: bioplastics that are manufactured from
polymer resins derived from plants and plastics that can be decomposed with the
help of bacteria. For instance, global bio plastics production capacity is
estimated to be around 6.2 million tons in 2017 and the global market for bio
plastics and biopolymers is expected to be around $5.0 billion in 2022, thus
indicating high demand for eco-friendly plastic products.
The global plastic material and
resins market
is primarily driven by rise in disposable income, growing population, new
development in packaging and technological development.
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a sample of the report:
The global plastic material and
resins market
report covers the following regions under the geographical analysis section:
Asia Pacific, Western Europe, North America, Middle East, Africa, South
America, and Eastern Europe. Major countries under each of these regions are
also covered under the country analysis chapters.
With increase in growth of key end-use markets
for plastics and increased demand for industrial packaging products, the global
plastic material and resins market is expected to increase in potential and
scope. TBRC’s report also covers the plastic material and resins drivers and restraints
in the market.
The global plastic material and
resins market’s
segment shares in each geographic region are mentioned in the report, along
with the historic and forecast growth rates for each segment presented visually
with supporting reasons to justify the growth rates.
The top companies included in the global plastic
material and resins market report are LyondellBasell Industries, Dow Chemical
Company, BASF SE, Bayer Material Science, Total SA.
About The Business Research Company:
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a Business Intelligence Company which excels in company, market and consumer
research. It has offices in the UK, the US and India and a network of trained
researchers in 15 countries globally.
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