Plastics Market Is Forecast to Reach USD 776.68 Billion by 2027: BASF SE, Evonik Group, DowDuPont, Arkema, Etc.

New York, NY -- (SBWire) -- 09/25/2020 --Reports and Data has released a new market report titled "Global Plastics Market" which is an extensive study of the Plastics market spanning over 100+ pages with pictorial representations of key statistical data. The report on the Plastics market offers a complete examination of the market and contains key data on the current and emerging trends, growth factors, facts, and other key elements. The report offers market forecast estimation for the global Plastics market till 2027. Furthermore, it offers insights into the market dynamics and competitive landscape to offer readers key information to capitalize on market trends.

Additionally, this report is the latest report covering the impact analysis of the COVID-19 pandemic on the Plastics market. It is furnished with key statistical data regarding the effect of the pandemic on the supply chain and economic scenario of the market. The study also covers the changes in market dynamics and trends and offers a futuristic perspective in a post-COVID-19 scenario. The report also encompasses an initial and future assessment of the impact of the global health crisis on the industry.

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Market Size – USD 547.95 Billion in 2018, Market Growth - CAGR of 3.9%, Market Trends – The rising demand for Engineering Plastics

The global Plastics market was valued at USD 98.63 Billion in 2018 and is anticipated to register a CAGR of 3.9%, to garner a valuation of USD 776.68 Billion by the end of 2027. The study considers 2017-2018 as historical years, 2019 as the base year, and 2020-2027 as forecast years to estimate the market share and size of the Plastics market. The report covers the Plastics market on a global scale along with market breakdown into product types, applications, technology, end-user, and key regions.

The study also analyses the market share, growth forecast and rate, current and future trends, market drivers and restraints, opportunities and challenges, risks, along with a detailed SWOT analysis and Porter's Five Forces analysis. The report also offers strategic recommendations to established players as well as details on entry barriers for new entrants.

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Competitive Analysis:

The report covers extensive analysis of the competitive landscape and offers key insights into the prominent players operating in the industry. The key players are committed to innovations and advancements in product and technological developments and formulate strategic investment plans. The profiles of key companies such as SABIC, BASF SE, Evonik Group, DowDuPont, Arkema, Sumitomo Chemicals, Eastman Chemical Company, Celanese Corporation, Chevron Phillips Chemical Co. LLC and Lotte Chemical Corporation, and others are covered in the report and offers basic information, company overview, m-cap valuations, profit margins, global reach and position, financial standing, and market share, among others.

Along with this, the report also offers detailed segmentation of the market based on types and applications.

Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

Polypropylene
Polyethylene
Polyvinyl chloride
Polyurethane
Polystyrene
Polyethylene terephthalate
Acrylonitrile butadiene styrene
Polyphenylene oxide
Polybutylene terephthalate
Liquid crystal polymers
Epoxy polymers
Polycarbonate
PEEK
Polyamide
PPSU
Polysulfone
Others

Degradability Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

Non-biodegradable conventional plastics
Biodegradable plastics

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End-user Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

Construction
Packaging
Automotive
Electrical & electronics
Agriculture
Medical devices
Consumer goods
Furniture & bedding
Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

Food packaging
Bottled water
Carbonated soft drinks
Other Product Type of drinks
Non-Food packaging
Sheet & Film
Others

To understand the dynamics of the global Plastics market, the industry is analyzed over the key geographical regions. These key regions of the world include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Thank you for reading this report. Customization of this report is available based on regions and specific chapters. Please get in touch with us if you have any queries, and our team will ensure the report is well-suited to meet your requirements.

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