Global Plastics Market: Size, Share & Trends Analysis, 2019-2025 - Polyether Ether Ketone is Expected to Witness a CAGR of 9.4% in Terms of Volume During the Forecast Period - ResearchAndMarkets.com
The "Plastics
Market Size, Share & Trends Analysis Report By Product (PE, PP, PU, PVC,
PET, Polystyrene, ABS, PBT, PPO, Epoxy Polymers, LCP, PC, Polyamide), By
Application, and Segment Forecasts, 2019 - 2025" report has
been added to ResearchAndMarkets.com's offering.
The global plastics market size is expected to reach USD 721.14 billion
by 2025, progressing at a CAGR of 4% during the forecast period.
Increasing automotive production and subsequent rise in plastics
consumption in automotive component fabrication because of regulatory
policies pertaining to vehicular weight reduction and fuel efficiency
will drive the plastic market over the forecast period. Plastics
facilitate fuel saving in automotive applications on account of reduced
car weight and density as compared to conventional materials such as
metals or rubber.
Since the last decade, there has been a substantial demand for the
products as replacement for metals and ferrous alloys across various
industries such as consumer goods, automotive, and industrial machinery.
The growth of the market criticality lies on various factors such as
ever-increasing requirement of end users in terms of product
specification and versatility influencing consumption dynamics. Other
factors such as socio-political, production process, and feedstock
availability events also have a significant impact on industry trends.
Rapidly developing construction and automobile markets in Asia Pacific
will increase the demand for plastics in interiors, exteriors, and under
hood components. Its major applications include under hood components in
the automotive industry, building interior & exteriors in the
construction and infrastructure industries, and various applications in
electronics and durables.
Asia Pacific is likely to witness the highest growth in the construction
industry across the globe, wherein China is at the forefront of the
growth. Growing population coupled with rapid industrialization and
urbanization in emerging economies have influenced regional governments
to increase their construction spending in order to cater to growing
infrastructure needs. Increasing construction spending by governments,
particularly in China and India, will fuel the demand in infrastructure
and construction applications.
Plastics are also witnessing substantial growth in the pipes and
fittings segments on account of their lightweight, long life span,
corrosion resistance, and reduced cost structures.
Further key findings from the report suggest:
-
Raw materials used in plastic include hydrocarbon fuels (coal, natural
gas and crude oil), salt and sand. PE production in North America is
dependent mainly on natural gas, which is available at a very low cost
in the region. PE producers in the region are, thus, highly competitive
-
Automotive is the fastest growing application segment in the global
arena during the forecast period. Increasing incorporation of plastics
as opposed to metals & alloys in automotive components has been a
major factor contributing to the growth of the segment
-
Polyether Ether Ketone is expected to witness a CAGR of 9.4% in terms
of volume during the forecast period. They are widely used in
engineering applications owing to their characteristics, which include
being colorless and organic
-
PVC is one of the major plastic constituents in various building
materials and construction activities. The plastic is modified as per
requirement to meet structural designs and application specifications.
Topics Covered
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope and assumptions
1.3 List of data sources
Chapter 2 Executive Summary
Chapter 3 Plastics Industry Outlook
3.1 Market segmentation
3.2 Market size and growth prospects, 2014-2025
3.3 Plastics value chain analysis
3.4 Processing technology framework
3.5 Regulatory framework
3.6 Plastics market dynamics
3.6.1 Market driver analysis
3.6.1.1 Growth of key end-use industries
3.6.1.2 Shift in trend towards replacement of glass & metals
3.6.2 Market restraint analysis
3.6.2.1 Volatile raw material prices
3.7 Key opportunities prioritized
3.8 Industry analysis - Porter's
3.9 Plastic PESTEL analysis
Chapter 4 Plastics Market: Product Estimates & Trend Analysis
4.1 Product market introduction, 2017 & 2025
4.2 Polyethylene
4.3 Polypropylene
4.4 Polyurethane
4.5 Polyvinyl chloride
4.6 Polyethylene terephthalate
4.7 Polystyrene
4.8 Acrylonitrile butadiene styrene
4.9 Polybutylene terephthalate
4.10 Polyphenylene oxide
4.11 Epoxy polymers
4.12 Liquid crystal polymers
4.13 PEEK
4.14 Polycarbonate
4.15 Polyamide
4.16 Polysulfone
4.17 PPSU
4.18 Others
Chapter 5 Plastics Market: End-use Estimates & Trend Analysis
5.1 End-use market introduction, 2017 & 2025
5.2 Packaging
5.3 Construction
5.4 Electrical & electronics
5.5 Automotive
5.6 Medical devices
5.7 Agriculture
5.8 Furniture & bedding
5.9 Consumer goods
5.10 Other applications
Chapter 6 Plastics Market: Regional Estimates & Trend Analysis
6.1 Regional Market Introduction, 2017 & 2025
6.2 North America
6.3 Europe
6.4 China
6.5 Asia Pacific
6.6 Central & South America (CSA)
6.7 Middle East & Africa
Chapter 7 Competitive Landscape
7.1 Company market share analysis
7.2 Company Heat Map Analysis
7.3 Vendor landscape
7.4 Competitive environment
7.5 Strategy framework
Chapter 8 Company Profiles
8.1 BASF SE
8.2 SABIC
8.3 DowDuPont
8.4 Evonik Group
8.5 Sumitomo Chemicals
8.6 Arkema
8.7 Celanese Corporation
8.8 Eastman Chemical Company
8.9 Chevron Phillips Chemical Co. LLC
8.10 Lotte Chemical Corporation
8.11 ExxonMobil
8.12 Formosa Plastics
8.13 Covestro (Bayer Material Science)
8.14 TORAY
8.15 Mitsui Plastics
8.16 Teijin Plastics
For more information about this report visit https://www.researchandmarkets.com/research/5jrtv3/global_plastics?w=4
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