- April 28, 2021
- Category: Chemicals and Compounds, Chemicals and Material
Global Plastic Resin Market Size study, by Product (Crystalline Resin, Non-crystalline Resin, Engineering Plastic and Super Engineering Plastic), by Application (Packaging, Automotive, Construction, Electrical & Electronics, Logistics, Consumer Goods, Textiles & Clothing, Furniture & Bedding, Agriculture, Medical Devices and Others), and Regional Forecasts 2021-2027
Chapter 1.Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Plastic Resin Market , by Region, 2019-2027 (USD Billion) 1.2.2. Plastic Resin Market , by Product, 2019-2027 (USD Billion) 1.2.3. Plastic Resin Market , by Application, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Plastic Resin Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Plastic Resin Market Dynamics 3.1. Plastic Resin Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 126.96.36.199. Increasing investment by governments in construction 188.8.131.52. Rising demand for light weight and multi-utility vehicles 3.1.2. Market Restraint 184.108.40.206. Volatile prices of raw material 3.1.3. Market Opportunities 220.127.116.11. Rising demand in healthcare sector Chapter 4. Global Plastic Resin Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Plastic Resin Market, by Product 5.1. Market Snapshot 5.2. Global Plastic Resin Market by Product, Performance - Potential Analysis 5.3. Global Plastic Resin Market Estimates & Forecasts by Product 2018-2027 (USD Billion) 5.4. Plastic Resin Market , Sub Segment Analysis 5.4.1. Crystalline Resin 5.4.2. Non-crystalline Resin 5.4.3. Engineering Plastic 5.4.4. Super Engineering Plastic Chapter 6. Global Plastic Resin Market, by Application a. Market Snapshot 6.1. Global Plastic Resin Market by Application, Performance - Potential Analysis 6.2. Global Plastic Resin Market Estimates & Forecasts by Application 2018-2027 (USD Billion) 6.3. Plastic Resin Market , Sub Segment Analysis 6.3.1. Packaging 6.3.2. Automotive 6.3.3. Construction 6.3.4. Electrical & Electronics 6.3.5. Logistics 6.3.6. Consumer Goods 6.3.7. Textiles & Clothing 6.3.8. Furniture & Bedding 6.3.9. Agriculture 6.3.10. Medical Devices 6.3.11. Others Chapter 7. Global Plastic Resin Market, Regional Analysis 7.1. Plastic Resin Market , Regional Market Snapshot 7.2. North America Plastic Resin Market 7.2.1. U.S. Plastic Resin Market 18.104.22.168. Product breakdown estimates & forecasts, 2018-2027 22.214.171.124. Application breakdown estimates & forecasts, 2018-2027 7.2.2. Canada Plastic Resin Market 7.3. Europe Plastic Resin Market Snapshot 7.3.1. U.K. Plastic Resin Market 7.3.2. Germany Plastic Resin Market 7.3.3. France Plastic Resin Market 7.3.4. Spain Plastic Resin Market 7.3.5. Italy Plastic Resin Market 7.3.6. Rest of Europe Plastic Resin Market 7.4. Asia-Pacific Plastic Resin Market Snapshot 7.4.1. China Plastic Resin Market 7.4.2. India Plastic Resin Market 7.4.3. Japan Plastic Resin Market 7.4.4. Australia Plastic Resin Market 7.4.5. South Korea Plastic Resin Market 7.4.6. Rest of Asia Pacific Plastic Resin Market 7.5. Latin America Plastic Resin Market Snapshot 7.5.1. Brazil Plastic Resin Market 7.5.2. Mexico Plastic Resin Market 7.6. Rest of The World Plastic Resin Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Dow, Inc. 126.96.36.199. Key Information 188.8.131.52. Overview 184.108.40.206. Financial (Subject to Data Availability) 220.127.116.11. Product Summary 18.104.22.168. Recent Developments 8.2.2. Evonik Industries AG 8.2.3. Sumitomo Chemical 8.2.4. Teijin Ltd. 8.2.5. Celanese Corp. 8.2.6. Eastman Chemical Company 8.2.7. Chevron Phillips Chemical Co., LLC 8.2.8. Lotte Chemical Corp. 8.2.9. Covestro AG 8.2.10. Toray Industries, Inc. Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Plastic Resin Market is valued approximately at USD 711 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.40% over the forecast period 2021-2027. Plastic resins are formed by heating hydrocarbons in a process known as the cracking process. It is used in various applications such as automotive, construction, electrical & electronics, packaging, and others. Growing demand for products such as pipe, windows, storage tanks and others due to increasing investment in construction by various governments coupled with increasing demand for light-weight and multi utility vehicles are driving the growth in the market positively. For instance, Indian government is aiming to build around 20 million affordable houses in urban areas till 2022. Furthermore, growing consumption in healthcare sector through products such as mask gloves, Personal Protective Equipment (PPE) and others is expected to fuel the demand in coming years. However, volatile prices of raw material may hamper the growth during forecast period.
Asia Pacific, North America, Europe, Latin America, and Rest of the World are considered for the regional analysis of the global Plastic Resin Market. Asia Pacific is the dominating region across the world in terms of market share due to presence of growing automotive, transportation and packing industries. Whereas Europe is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to increasing application in medical devices and equipment.
Major market player included in this report are:
Evonik Industries AG
Eastman Chemical Company
Chevron Phillips Chemical Co., LLC
Lotte Chemical Corp.
Toray Industries, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Super Engineering Plastic
Electrical & Electronics
Textiles & Clothing
Furniture & Bedding
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Plastic Resin Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers