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Global Plastic Resins Market Size, Share, Trends, Analysis: By Product: Polyethylene Terephthalate (PET), High Density Polyethylene (HDPE), Polyvinyl Chloride (PVC), Low Density Polyethylene (LDPE), Polypropylene (PP), Polystyrene (PS), Others; By Application; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Plastic Resins Market Analysis
8.1 Key Industry Highlights by Volume
8.2 Key Industry Highlights by Value
8.3 Global Plastic Resins Historical Market (2018-2023)
8.4 Global Plastic Resins Market Forecast (2024-2032)
8.5 Global Plastic Resins Market by Product
8.5.1 Polyethylene Terephthalate (PET)
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 High Density Polyethylene (HDPE)
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Polyvinyl Chloride (PVC)
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Low Density Polyethylene (LDPE)
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Polypropylene (PP)
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Polystyrene (PS)
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2023)
8.5.6.3 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Plastic Resins Market by Application
8.6.1 Packaging
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Automotive
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Construction
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Electrical and Electronics
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Consumer Goods
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Plastic Resins Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 South Africa
9.5.3.4 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Price Analysis
11.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.1.1 Polyethylene Terephthalate (PET)
11.1.2 High Density Polyethylene (HDPE)
11.1.3 Polyvinyl Chloride (PVC)
11.1.4 Low Density Polyethylene (LDPE)
11.1.5 Polypropylene (PP)
11.1.6 Polystyrene (PS)
11.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.2.1 Polyethylene Terephthalate (PET)
11.2.2 High Density Polyethylene (HDPE)
11.2.3 Polyvinyl Chloride (PVC)
11.2.4 Low Density Polyethylene (LDPE)
11.2.5 Polypropylene (PP)
11.2.6 Polystyrene (PS)
11.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.3.1 Polyethylene Terephthalate (PET)
11.3.2 High Density Polyethylene (HDPE)
11.3.3 Polyvinyl Chloride (PVC)
11.3.4 Low Density Polyethylene (LDPE)
11.3.5 Polypropylene (PP)
11.3.6 Polystyrene (PS)
11.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.4.1 Polyethylene Terephthalate (PET)
11.4.2 High Density Polyethylene (HDPE)
11.4.3 Polyvinyl Chloride (PVC)
11.4.4 Low Density Polyethylene (LDPE)
11.4.5 Polypropylene (PP)
11.4.6 Polystyrene (PS)
11.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
11.5.1 Polyethylene Terephthalate (PET)
11.5.2 High Density Polyethylene (HDPE)
11.5.3 Polyvinyl Chloride (PVC)
11.5.4 Low Density Polyethylene (LDPE)
11.5.5 Polypropylene (PP)
11.5.6 Polystyrene (PS)
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Arkema S.A.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Celanese Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 DuPont de Nemours, Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Evonik Industries AG
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Formosa Plastics Corporation
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Plastic Resins Market: Key Industry Highlights (MMT), 2018 and 2032
2. Global Plastic Resins Market: Key Industry Highlights (USD Billion), 2018 and 2032
3. Global Plastic Resins Historical Market: Breakup by Product (USD Billion), 2018-2023
4. Global Plastic Resins Market Forecast: Breakup by Product (USD Billion), 2024-2032
5. Global Plastic Resins Historical Market: Breakup by Application (USD Billion), 2018-2023
6. Global Plastic Resins Market Forecast: Breakup by Application (USD Billion), 2024-2032
7. Global Plastic Resins Historical Market: Breakup by Region (USD Billion), 2018-2023
8. Global Plastic Resins Market Forecast: Breakup by Region (USD Billion), 2024-2032
9. North America Plastic Resins Historical Market: Breakup by Country (USD Billion), 2018-2023
10. North America Plastic Resins Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. Europe Plastic Resins Historical Market: Breakup by Country (USD Billion), 2018-2023
12. Europe Plastic Resins Market Forecast: Breakup by Country (USD Billion), 2024-2032
13. Asia Pacific Plastic Resins Historical Market: Breakup by Country (USD Billion), 2018-2023
14. Asia Pacific Plastic Resins Market Forecast: Breakup by Country (USD Billion), 2024-2032
15. Latin America Plastic Resins Historical Market: Breakup by Country (USD Billion), 2018-2023
16. Latin America Plastic Resins Market Forecast: Breakup by Country (USD Billion), 2024-2032
17. Middle East and Africa Plastic Resins Historical Market: Breakup by Country (USD Billion), 2018-2023
18. Middle East and Africa Plastic Resins Market Forecast: Breakup by Country (USD Billion), 2024-2032
19 North America Historical Price Trends and Forecast (2018-2028)
20 Europe Historical Price Trends and Forecast (2018-2028)
21 Asia Pacific Historical Price Trends and Forecast (2018-2028)
22 Latin America Historical Price Trends and Forecast (2018-2028)
23 Middle East and Africa Historical Price Trends and Forecast (2018-2028)
24. Global Plastic Resins Market Structure
Key Questions Answered in the Report
In 2023, the global plastic resins market attained a value of nearly USD 638.18 billion.
The market is projected to grow at a CAGR of 2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 762.69 billion by 2032.
The major drivers of the industry, such as the increased demand for plastics in the automotive and construction industry, rising demand for plastic resins in the manufacturing and packaging industry, heightened investments in the manufacturing sector, growing demand for plastic goods, and the rapid investments in the R&D of plastic resins manufacturing, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the rising demand for plastic resins across various industry verticals.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant products include polyethylene terephthalate (PET), high density polyethylene (HDPE), polyvinyl chloride (PVC), low density polyethylene (LDPE), polypropylene (PP), and polystyrene (PS), among others.
The significant applications include packaging, automotive, construction, electrical and electronics, and consumer goods, among others.
The major players in the industry are Arkema S.A., Celanese Corporation, DuPont de Nemours, Inc., Evonik Industries AG, and Formosa Plastics Corporation, among others.
Analyst Review
The global plastic resins market attained a value of USD 638.18 billion in 2023, driven by the increased demand for plastic resins across various end use industries. Aided by the heightened investments by the manufacturers to increase their production capacities, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 2%. The market is projected to reach a value of USD 762.69 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product, the industry can be segmented into polyethylene terephthalate (PET), high density polyethylene (HDPE), polyvinyl chloride (PVC), low density polyethylene (LDPE), polypropylene (PP), and polystyrene (PS), among others. Based on application, the market can be categorised into packaging, automotive, construction, electrical and electronics, and consumer goods, among others. The major regional markets for plastic resins are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Arkema S.A., Celanese Corporation, DuPont de Nemours, Inc., Evonik Industries AG, and Formosa Plastics Corporation, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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