Report Highlights
The global market volume for plastics production is estimated to increase from 428.7 million metric tons in 2023 to reach 579.2 million metric tons by 2028, at a compound annual growth rate (CAGR) of 6.2% from 2023 through 2028.
Report Includes
- 50 tables
- An up-to-date overview and analysis of the global plastics industry and related end-user industries
- Analyses of the global market trends for plastics production, with historic market revenue (sales figures) for 2021 and 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimation of the actual market size and revenue forecast of the global market for plastics in volumetric terms, and corresponding market share analysis based on application, and region
- In-depth information (facts and figures) concerning the major factors influencing the progress of this market (benefits, and industry-specific challenges) with respect to specific growth trends, upcoming technologies, prospects, and contributions to the overall market
- Review and identification of the major manufacturers of plastics and plastics products, and analysis of the company competitive landscape based on their recent developments, financial performance, segmental revenues, and operational integration
- Information about ESG-related developments in global plastics industry, emerging trends, ESG practices by companies, and analyses of factors affecting ESG implementation in the plastics sector
- Analysis of patents granted in areas related to plastics manufacturing and applications to the companies involved in global plastic market business
- Updated information on recent industry acquisitions, partnerships, agreements, collaborations, and other strategic alliances in the global plastics market
- Company profiles of the leading global players, including Amcor, BASF SE, Mondi, UFlex, INEOS, and SABIC
Report Scope
Over the next five years, significant changes are forecast to take place in the plastics industry and related end-user industries across the globe, in areas such as packaging and construction. This study covers market segments such as plastics packaging, plastics resins and plastics recycling. The report’s final chapter includes profiles of 15 of the leading plastics manufacturers, with global as well as smaller companies covered.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||||||||||
| Forecast period considered | 2023-2028 | ||||||||||||||||
| Base year market size | 390.7 million metric tons | ||||||||||||||||
| Market size forecast | 579.2 million metric tons | ||||||||||||||||
| Growth rate | CAGR of 6.2% for the forecast period of 2023-2028 | ||||||||||||||||
| Units considered | Million Metric Tons | ||||||||||||||||
| Segments covered | Application, and Region | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The goal of this report is to provide an overview of the major plastic manufacturers with particular focus on their developments and market activities. Furthermore, it profiles the major players and broadly analyzes their business expansion activities and core competencies in the global plastics industry. It also tracks and analyzes competitive developments such as joint ventures, mergers and acquisitions, new product development, expansions, and R&D activities. This study covers market segments in the market, such as plastic packaging, plastic resins, plastic recycling etc.
Report Includes
- Insight into the leading plastic manufactures with special focus on developments and their market activities
- Comprehensive company profiles of the major players and analyses of their business expansion activities and core competencies in the global plastics industry
- Discussion of the competitive developments such as joint ventures, mergers and acquisitions, new product development, expansions, and research and development activities in the plastic industry
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