ReleaseWire

Plastic Materials and Resins Market Competitive Insights, Demand Growth and Scope 2019

Posted: Wednesday, April 03, 2019 at 2:03 PM CDT

Harrisburg, NC -- (SBWire) -- 04/03/2019 --Plastic Materials And Resins Global Market Opportunities And Strategies To 2022:
Plastic Materials And Resins Market Global Report 2019 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global Plastic Materials And Resins market. The Plastic Materials And Resins market consists of the revenues generated from sales of advertising, subscriptions and advisory services by entities.

The global plastic materials and resins market size reached a value of nearly $490.5 billion in 2018, having declined at a compound annual growth rate (CAGR) of -0.4% since 2014, and is expected to grow at a CAGR of 3.8% to nearly $569.3 billion by 2022.

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Scope:
Markets Covered: Polyurethane, High-Density Polyethylene, Low-Density Polyethylene, Polypropylene, Polystyrene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Others

Companies Mentioned: LyondellBasell Industries Holdings BV, Total SA, Ineos AG, Formosa Plastics Corp, Covestro
Metrics Covered: Number of Enterprises, Number of Employees

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, Plastic Materials And Resins indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

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The market is segmented by product type into polypropylene, high-density polyethylene (HDPE), low-density polyethylene (LDPE), poly-vinyl chloride, polyethylene terephthalate (PET), polyurethane, polystyrene, and others. The others segment, which includes acrylic polymers, polyethers, polyamide, epoxide resins, amino resins, polycarbonates, elastomeric resins and fluro polymers, accounted for the largest share of the plastic materials and resins market in 2018 at 39.4% or $193.04 billion. The polyurethane segment is expected to be the fastest-growing segment going forward at a CAGR of 4.9%.

Asia-Pacific is the largest market for plastic materials and resins, accounting for 50.1% of the global market in 2018. It was followed by North America, Western Europe and then the other regions. Going forward, Africa and the Middle East will be the fastest growing regions in the plastic materials and resins market, where growth will be at CAGRs of 7.8% and 5.2% respectively. Growth of the plastic materials and resins market in Africa and the Middle East can be attributed to the expected growth in the demand for plastic materials and resins from the packaging and transportation manufacturing industries in these regions. These will be followed by North America and Asia-Pacific where the markets are expected to grow at CAGRs of 4.1% and 3.8% respectively.

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