Global Plastic Market 2023-2027

Description

List of Tables

Technavio has been monitoring the plastic market and is forecast to grow by $214.81 bn during 2022-2027, accelerating at a CAGR of 6.27% during the forecast period. Our report on the plastic market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for packaging material, increasing demand from developing countries, and diverse applications of plastics.

Technavio's plastic market is segmented as below:

By Technique

Injection molding
Blow molding
Roto molding
Casting
Others

By End-user

Packaging
Consumer goods
Automotive
Electrical and electronics
Others

By Geography

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the growing recycling techniques as one of the prime reasons driving the plastic market growth during the next few years. Also, increasing demand for engineered plastics and growing demand for bioplastics will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the plastic market covers the following areas:

Plastic market sizing
Plastic market forecast
Plastic market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic market vendors that include Arkema Group, BASF SE, Berry Global Inc., Celanese Corp., Chevron Phillips Chemical Co. LLC, Covestro AG, Dow Inc., Eastman Chemical Co., Evonik Industries AG, Exxon Mobil Corp., Formosa Plastics Corp., Huntsman Corp., INEOS Group Holdings SA, Jain Irrigation Systems Ltd., Lotte Chemical Corp., LyondellBasell Industries NV, Mitsui and Co. Ltd., Saudi Basic Industries Corp., Sumitomo Chemical Co. Ltd., and Toray Industries Inc. Also, the plastic market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71180

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Technique
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global plastic market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global plastic market 2017 - 2021 ($ billion)
4.2 Technique Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Technique Segment 2017 - 2021 ($ billion)
4.3 End User Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End User Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technique

6.1 Market segments
Exhibit 30: Chart on Technique - Market share 2022-2027 (%)
Exhibit 31: Data Table on Technique - Market share 2022-2027 (%)
6.2 Comparison by Technique
Exhibit 32: Chart on Comparison by Technique
Exhibit 33: Data Table on Comparison by Technique
6.3 Injection molding - Market size and forecast 2022-2027
Exhibit 34: Chart on Injection molding - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Injection molding - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Injection molding - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Injection molding - Year-over-year growth 2022-2027 (%)
6.4 Blow molding - Market size and forecast 2022-2027
Exhibit 38: Chart on Blow molding - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Blow molding - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Blow molding - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Blow molding - Year-over-year growth 2022-2027 (%)
6.5 Roto molding - Market size and forecast 2022-2027
Exhibit 42: Chart on Roto molding - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Roto molding - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Roto molding - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Roto molding - Year-over-year growth 2022-2027 (%)
6.6 Casting - Market size and forecast 2022-2027
Exhibit 46: Chart on Casting - Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Data Table on Casting - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Chart on Casting - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Casting - Year-over-year growth 2022-2027 (%)
6.7 Others - Market size and forecast 2022-2027
Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Technique
Exhibit 54: Market opportunity by Technique ($ billion)
Exhibit 55: Data Table on Market opportunity by Technique ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 58: Chart on Comparison by End-user
Exhibit 59: Data Table on Comparison by End-user
7.3 Packaging - Market size and forecast 2022-2027
Exhibit 60: Chart on Packaging - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Data Table on Packaging - Market size and forecast 2022-2027 ($ billion)
Exhibit 62: Chart on Packaging - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Packaging - Year-over-year growth 2022-2027 (%)
7.4 Consumer goods - Market size and forecast 2022-2027
Exhibit 64: Chart on Consumer goods - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Data Table on Consumer goods - Market size and forecast 2022-2027 ($ billion)
Exhibit 66: Chart on Consumer goods - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Consumer goods - Year-over-year growth 2022-2027 (%)
7.5 Automotive - Market size and forecast 2022-2027
Exhibit 68: Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
7.6 Electrical and electronics - Market size and forecast 2022-2027
Exhibit 72: Chart on Electrical and electronics - Market size and forecast 2022-2027 ($ billion)
Exhibit 73: Data Table on Electrical and electronics - Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Chart on Electrical and electronics - Year-over-year growth 2022-2027 (%)
Exhibit 75: Data Table on Electrical and electronics - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 76: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 77: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 79: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by End-user
Exhibit 80: Market opportunity by End-user ($ billion)
Exhibit 81: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 83: Chart on Market share by geography 2022-2027 (%)
Exhibit 84: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 85: Chart on Geographic comparison
Exhibit 86: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 91: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 95: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 99: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 103: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 104: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 105: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 India - Market size and forecast 2022-2027
Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 US - Market size and forecast 2022-2027
Exhibit 119: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 120: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 121: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 122: Data Table on US - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 123: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 124: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 125: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 126: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 127: Market opportunity by geography ($ billion)
Exhibit 128: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 129: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 131: Overview on factors of disruption
11.4 Industry risks
Exhibit 132: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 133: Vendors covered
12.2 Market positioning of vendors
Exhibit 134: Matrix on vendor position and classification
12.3 Arkema Group
Exhibit 135: Arkema Group - Overview
Exhibit 136: Arkema Group - Business segments
Exhibit 137: Arkema Group - Key news
Exhibit 138: Arkema Group - Key offerings
Exhibit 139: Arkema Group - Segment focus
12.4 BASF SE
Exhibit 140: BASF SE - Overview
Exhibit 141: BASF SE - Business segments
Exhibit 142: BASF SE - Key news
Exhibit 143: BASF SE - Key offerings
Exhibit 144: BASF SE - Segment focus
12.5 Berry Global Inc.
Exhibit 145: Berry Global Inc. - Overview
Exhibit 146: Berry Global Inc. - Business segments
Exhibit 147: Berry Global Inc. - Key news
Exhibit 148: Berry Global Inc. - Key offerings
Exhibit 149: Berry Global Inc. - Segment focus
12.6 Celanese Corp.
Exhibit 150: Celanese Corp. - Overview
Exhibit 151: Celanese Corp. - Business segments
Exhibit 152: Celanese Corp. - Key offerings
Exhibit 153: Celanese Corp. - Segment focus
12.7 Chevron Phillips Chemical Co. LLC
Exhibit 154: Chevron Phillips Chemical Co. LLC - Overview
Exhibit 155: Chevron Phillips Chemical Co. LLC - Product / Service
Exhibit 156: Chevron Phillips Chemical Co. LLC - Key news
Exhibit 157: Chevron Phillips Chemical Co. LLC - Key offerings
12.8 Covestro AG
Exhibit 158: Covestro AG - Overview
Exhibit 159: Covestro AG - Business segments
Exhibit 160: Covestro AG - Key news
Exhibit 161: Covestro AG - Key offerings
Exhibit 162: Covestro AG - Segment focus
12.9 Dow Inc.
Exhibit 163: Dow Inc. - Overview
Exhibit 164: Dow Inc. - Business segments
Exhibit 165: Dow Inc. - Key news
Exhibit 166: Dow Inc. - Key offerings
Exhibit 167: Dow Inc. - Segment focus
12.10 Eastman Chemical Co.
Exhibit 168: Eastman Chemical Co. - Overview
Exhibit 169: Eastman Chemical Co. - Business segments
Exhibit 170: Eastman Chemical Co. - Key offerings
Exhibit 171: Eastman Chemical Co. - Segment focus
12.11 Evonik Industries AG
Exhibit 172: Evonik Industries AG - Overview
Exhibit 173: Evonik Industries AG - Business segments
Exhibit 174: Evonik Industries AG - Key news
Exhibit 175: Evonik Industries AG - Key offerings
Exhibit 176: Evonik Industries AG - Segment focus
12.12 Exxon Mobil Corp.
Exhibit 177: Exxon Mobil Corp. - Overview
Exhibit 178: Exxon Mobil Corp. - Business segments
Exhibit 179: Exxon Mobil Corp. - Key news
Exhibit 180: Exxon Mobil Corp. - Key offerings
Exhibit 181: Exxon Mobil Corp. - Segment focus
12.13 Formosa Plastics Corp.
Exhibit 182: Formosa Plastics Corp. - Overview
Exhibit 183: Formosa Plastics Corp. - Product / Service
Exhibit 184: Formosa Plastics Corp. - Key offerings
12.14 Jain Irrigation Systems Ltd.
Exhibit 185: Jain Irrigation Systems Ltd. - Overview
Exhibit 186: Jain Irrigation Systems Ltd. - Business segments
Exhibit 187: Jain Irrigation Systems Ltd. - Key offerings
Exhibit 188: Jain Irrigation Systems Ltd. - Segment focus
12.15 Mitsui and Co. Ltd.
Exhibit 189: Mitsui and Co. Ltd. - Overview
Exhibit 190: Mitsui and Co. Ltd. - Business segments
Exhibit 191: Mitsui and Co. Ltd. - Key offerings
Exhibit 192: Mitsui and Co. Ltd. - Segment focus
12.16 Saudi Basic Industries Corp.
Exhibit 193: Saudi Basic Industries Corp. - Overview
Exhibit 194: Saudi Basic Industries Corp. - Business segments
Exhibit 195: Saudi Basic Industries Corp. - Key offerings
Exhibit 196: Saudi Basic Industries Corp. - Segment focus
12.17 Toray Industries Inc.
Exhibit 197: Toray Industries Inc. - Overview
Exhibit 198: Toray Industries Inc. - Business segments
Exhibit 199: Toray Industries Inc. - Key offerings
Exhibit 200: Toray Industries Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 201: Inclusions checklist
Exhibit 202: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 203: Currency conversion rates for US$
13.4 Research methodology
Exhibit 204: Research methodology
Exhibit 205: Validation techniques employed for market sizing
Exhibit 206: Information sources
13.5 List of abbreviations
Exhibit 207: List of abbreviations