Plastics are semi-synthetic or synthetic organic solids having high molecular weights which are moulded into several useful products. Plastics are maufactured from petrochemicals and sometimes occur naturally. Globally, development of efficient and advance technology, growing demand from packaging and construction industry, increasing government initiative across the globe, growing demand for automotive and aerospace industry are the prime growth drivers of global plastic polymers market. In addition, increase in adoption of plastic polymers for applications in newer industry verticals, and emerging economies such as China, India and others, will create new opportunities for global plastic polymers market. However, higher cost of the research and development, stringent government regulation, and increasing popularity of paper packaging are the key restraints for global plastic polymers market.
Geographically Asia Pacific dominated global plastic & polymers market, with approximately 50% market share. Asia Pacific is projected to have fastest growth, owing to rapidly increasing population, rise in textile industry, favourable government policies, growth in packaging industry, modernization of healthcare infrastructure, and growing automotive industry in developing nations such as China, and India in this region. Among all the end-users, packaging has the highest market share in global plastic polymers market. Thermoplastics are the market leader in global plastic polymers market, due to its unique property of being able to be heated and reheated again and again and thereby being useful in manufacturing new articles or components of different products
This report identifies the global plastic & polymers market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to global plastic polymers market.
This report segments global plastic & polymers market on the basis of type, end-users, and regional market as follows:
Plastic Polymers Market, By Type: Thermoplastic polymers, and Thermoset polymers
The report has focused study on plastic polymers market by basis of end-user such as: Film & Sheet, Injection Molding, Textiles, Packaging, Transportation, Construction, Aerospace, and Others
This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
Sample companies profiled in this Report are:
E. I. du Pont de Nemours and Company
The Dow Chemicals Company
Saudi Basic Industries Corporation
Dugar polymers Ltd
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