Monday, May 28, 2018

Plastics Market Estimated to Expand at a 8.78% CAGR through 2025

A research study titled, “Plastics Market by product type and application - global industry analysis and forecast to 2025”, published by crystal market research.

Market Highlights: 
The Plastics Market was valued around USD 492.32 billion in 2016 and is expected to reach roughly USD 1050.00 billion by the end of 2025 while registering itself at a compound annual growth rate (CAGR) of 8.78% during the forecast period, owing to various advantages of plastic materials. Plastics are a large array of synthetic or semi-synthetic natural solids which are molded or transformed into numerous useful products. Generally, plastics are natural polymers which occur sometimes naturally or developed from petrochemicals and have elevated molecular weights. Global plastic market is regularized by means of the end user market application. Due to their low price, the flexibility of use, accessibility to raw materials and ease of production, plastics have dismissed many traditional materials such as paper, wood, metal, glass, leather, and ceramic in the most of their applications. The rising demand for durable and sustainable products in a variety of end-user industries is fueling the demand for a range of plastics worldwide. The expansion of key end use industries, primarily construction and packaging and flexible characteristics of plastics involving pressure resistance and better heat, making them more appropriate for various industries. Unpredictable prices of major raw materials together with increasing environmental considerations concerning disposal of plastic are projected to hamper market growth during the forecast period.

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The Plastics Market Is Segmented As Follows:
Plastics Market Assessment and Forecast, By Product Type, 2016-2025: 
Polypropylene (PP)
PET
Polyethylene (PE)
PVC
Engineering Plastics
Polystyrene
Plastics Market Assessment and Forecast, By Application, 2016-2025: Film & Sheet
Injection Molding
Textiles
Packaging
Transportation
Construction
Plastics Market Assessment and Forecast, By Region, 2016-2025 ($Million): North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Africa
Saudi Arabia
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Competitive Insights: 
The major players in the global plastic market include E. I. duPont de Nemours and Company, Saudi Basic Industries Corporation, Dow Chemicals and BASF SE. Other players in the plastic market are ExxonMobil, LyondellBasell, Formosa Plastics, Indorama Corp., Nan Ya Plastics, M&G Chemicals, DAK Americas, Octal Petrochem and Total SA.

List of Tables: 
Table 1.Plastics Market, By Product Type ($Million), 2016-2025
Table 2.Polypropylene (PP) Market, By Region ($Million), 2016-2025
Table 3.PET Market, By Region ($Million), 2016-2025
Table 4.Polyethylene (PE) Market, By Region ($Million), 2016-2025
Table 5.PVC Market, By Region ($Million), 2016-2025
Table 6.Engineering Plastics Market, By Region ($Million), 2016-2025
Table 7.Polystyrene Market, By Region ($Million), 2016-2025
Table 8.lastics Market, By Application ($Million), 2016-2025
Table 9.Film & Sheet Market, By Region ($Million), 2016-2025
Table 10.Injection Molding Market, By Region ($Million), 2016-2025
About Crystal Market Research: 
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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