Global Commodity Plastics Market Analysis & Forecasts 2017-2026, With an Expected CAGR of 8% - ResearchAndMarkets.com

DUBLIN--()--The "Commodity Plastics - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

According to the publisher, the Global Commodity Plastics Market is accounted for $342.65 billion in 2017 and is expected to reach $686.56 billion by 2026 growing at a CAGR of 8% during the forecast period.

Rising usage of commodity plastics more than glass materials for food and beverage packaging, increasing demand from the main industries in emerging nations and growing demand for consumer goods are some of the key driving factors for the market growth. However, strict rules and regulations on the utilization of plastics in packaging and growing environmental concern over plastic waste are hindering the growth of the market.

Commodity plastics specify to a class of materials to facilitate as raw materials in various industries, such as packaging, textile, consumer goods, and electronics amongst others. These plastics are able to be molded or shaped into a variety of solid objects such as food containers and bottles. The property of plasticity of commodity plastics, in blend with properties such as low electrical conductivity, low density, toughness, and transparency, grant commodity plastics towards application within a broad collection of products.

Based on product type, Polyethylene (PE) is driven by the rising demand for PE stems from the plastic industry and growing latest developments and improvements during the type of PE manufactured, backed via new techniques in manufacturing. Moreover, the broad usage of Ultra-high-molecular-weight polyethylene (UHMWPE) in industrial applications such as wear strips conveyor lines, valves, gears and food processing equipment.

Companies Mentioned

  • Borealis AG
  • Chevron Phillips Chemical
  • Exxon Mobil Corporation
  • Haldia Petrochemicals Ltd.,
  • BASF SE
  • Indian Oil Corporation Limited
  • LG Chem Ltd.
  • LyondellBasell Industries N.V.
  • The Dow Chemical Company
  • Lotte Chemical
  • Hanwha Chemical Co, Ltd
  • Qenos Pty Limited
  • SABIC
  • Eni S.p.A.
  • Formosa Plastics Corporation
  • Mitsubishi Chemical Corporation
  • Braskem
  • NOVA Chemicals Corporation
  • Reliance Industries Limited

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Commodity Plastics Market, By Product Type

6 Global Commodity Plastics Market, By Application

7 Global Commodity Plastics Market, By End-Use Industry

8 Global Commodity Plastics Market, By Geography

9 Key Developments

10 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/264hcs/global_commodity?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Plastics

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Plastics