Commodity plastics are plastics that are used in high volume and a wide range of applications, such as film for packaging, photographic and magnetic tape, clothing, beverage and trash containers and a variety of household products where mechanical properties and service environments are not critical.
The commodity plastics market has been segmented on the basis of type into Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS), Poly(methyl methacrylate) (PMMA), and others. The PE segment accounted for the largest share of the commodity plastics market, in terms of volume. It is also expected to be the fastest-growing type segment of the commodity plastics market. This growth can be attributed to the high demand for PE commodity plastics in the packaging application owing to the increased demand for packaged food & beverages.
The global Commodity Plastics market is valued at 469.8 Billion US$ in 2017 and will reach 783.3 Billion US$ by the end of 2025, growing at a CAGR of 6.6% during 2019-2025.
Global Commodity Plastics Market Research Report 2019 (Updated April) is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets in this 107 pages report.
This market report provides in-depth analytics of the Commodity Plastics industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Commodity Plastics market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
The DOW Chemical
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Polyvinyl Chloride (PVC)
By Industrial Application, the market can be split into:
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.
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