Global Plastic Market to Reach D714.03 Billion by 2030, Driven by Growth in Construction and Automotive Industries
Maximize Market Research Announces Global Plastic Market to Reach D714.03 Billion by 2030
The global plastic market is poised for steady growth, with a projected market size of D714.03 billion by 2030. This translates to a CAGR of 5% from 2024, driven by increasing plastic use in key sectors like construction, automotive, and electrical & electronics.
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Rising Demand in Construction and Automotive Sectors Propels Plastic Market
The report by Maximize Market Research identifies a growing trend of plastic replacing traditional materials like metal in car parts. This shift is driven by regulations promoting lighter vehicles for improved fuel efficiency and reduced emissions. Additionally, the construction industry's expansion, particularly in emerging economies, is fueling demand for plastic materials.
Key Insights and Geographical Analysis Provided in Report
Maximize Market Research offers a comprehensive analysis of the global plastic market. The report explores current trends, potential challenges, and the impact of regulations on the future of the market. It also provides a geographical breakdown, examining market performance across North America, Europe, Asia Pacific, and other regions.
Understanding Market Segments: Product Types, Applications, and More
The report segments the plastic market by product (PE, PP, PU, PVC, etc.), application (packaging, automotive, construction, healthcare, etc.), and technology (injection molding, blow molding, etc.). This segmentation helps identify the most promising areas for market growth.
Major Players Shaping the Plastic Landscape
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.
Table of Contents:
Chapter 1: Overview
Chapter 2: Global Market Status and Forecast by Regions
Chapter 3: Global Market Status and Forecast by Types
Chapter 4: Global Market Status and Forecast by Downstream Industry
Chapter 5: Market Driving Factor Analysis
Chapter 6: Market Competition Status by Major Manufacturers
Chapter 7: Major Manufacturers Introduction and Market Data
Chapter 8: Upstream and Downstream Market Analysis
Chapter 9: Cost and Gross Margin Analysis
Chapter 10: Marketing Status Analysis
Chapter 11: Market Report Conclusion
Chapter 12: Research Methodology and Reference
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Market” https://www.maximizemarketresearch.com/market-report/global-plastic-market/100495/
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