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Plastic Resins Market

Market Insights on Plastic Resins covering sales outlook, demand forecast & up-to-date key trends

Plastic Resins Market by Product, Application & Region - Forecast 2022 - 2032

Plastic Resins Market Outlook (2022-2032)

[309 Pages Report] The global plastic resins market is expected to reach a market valuation of US$ 764 Billion by the year 2022, accelerating with a moderate CAGR of 4.5% by 2022-2032. The market size is anticipated to be valued at about US$ 1186 Billion by 2032 end.

The primary aspect influencing the plastic resins market expansion is rising item interest from the automotive, electrical, and electronics industries. It is expected that the rapidly expanding global auto industry will spur interest in certain products, such as those used in applications like engine parts, automobile exteriors, and interiors and increase the adoption of plastic resins.

The demand for small, lightweight multi-utility vehicle models that prioritize comfort and style has prompted an increase in the use of resins in the automotive industry. This has also changed the market outlook.

The car sector has a strong demand for plastic resins for interior, exterior, and subsurface components. Strict rules governing the recycling and degradability of conventional materials like metal and wood are anticipated to boost the demand for materials for pipes, windows, cables, storage tanks, and other purposes in the construction sector.

The primary driver of the market's growth is rising demand from sectors like automotive, construction, electrical & electronics. The demand for plastic resins in the automobile sector is projected to increase as low-cost multi-utility vehicle models become more popular.

Attributes

Value

Plastic Resins Market Size (2022)

US$ 764 Bn

Plastic Resins Market Projected Size (2032)

US$ 1186 Bn

Plastic Resins Market Value CAGR (2022-2032)

4.5%

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What Are The Major Driving Factors For The Plastic Resins Market?

Resins used in plastic packaging are incredibly strong, flexible, non-corrosive, safe, and long-lasting. Plastic resins' strength offers defense against electronics and delicate things. Perishables have a longer shelf life and are protected from pollutants and dust thanks to plastic packing.

One of the environmentally friendly packaging options on the market is plastic resin, which uses less energy to produce than metals and other packaging substitutes. One of the main reasons for the rising demand for plastic resins is their ease of molding. The packaging resins industry would develop in the coming years as a result of these superior features and the relative lower cost than alternatives.

What Are The Existing Challenges For The Plastic Resins Market Future Trends?

The Food & Drug Administration (FDA) strictly regulates the use of plastic due to worries about how plastic packaging could affect foods and medicines. The plastic packaging used for children's toys comes within the purview of the Consumer Product Safety Commission. The government's strict regulations for plastic disposal and consumer and environmental safety are likely to impede the market expansion.

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Comparative View Of Adjacent Plastic Resins Market

Plastic Resins Market:

Attributes

Plastic Resins Market

CAGR (2022 to 2032)

4.5%

Market Value (2022)

US$ 764 Bn

Growth Factor

The main driver of market expansion is the increase in product demand from the construction, automotive, and electrical & electronics industries.

Future Opportunities

The demand for lightweight, affordable, multi-utility vehicle models with high fuel efficiency and an emphasis on comfort and aesthetics has fueled the growing use of resins in the automobile sector.

Market Trends

It is anticipated that rising government spending in the construction industry, particularly in China and India, will drive plastic resins demand for infrastructure and building applications.

Flexible Plastic Packaging Market:

Attributes

Flexible Plastic Packaging Market

CAGR (2022 to 2032)

4.5%

Market Value (2022)

US$ 160.8 Bn

Growth Factor

High consumer income, modern retailing growth, and an increase in e-commerce, particularly in emerging economies

Future Opportunities

Packaging options for flexible plastic that are new and sustainable are opening new horizons for the industry.

Market Trends

Due to the functional qualities offered by flexible plastic packaging, such as safety, cost-effectiveness, durability, strength, lightweight, environmental friendliness, and handling convenience, the market for flexible plastic packaging in APAC is expanding in the food, beverage, pharmaceutical, and personal care & cosmetics industries.

Protective Packaging Market:

Attributes

Protective Packaging Market

CAGR (2022 to 2032)

5.4%

Market Value (2022)

US$ 29.8 Bn

Growth Factor

Increased consumer expenditure on packaged goods and online shopping are driving the need for protective packaging.

Future Opportunities

Greater trade and capital market liberalization, which has increased export and import activity, as well as technological developments that have decreased transportation costs

Market Trends

Flexible protective packaging will account for the highest proportion of the market. This significant market share might be attributable to the rising need for affordable and recyclable materials.

The significant demand from the food and beverage industry is likely to cause packaging resins to rise rapidly throughout the forecast period. The demand for processed, ready-to-eat, and ready-to-cook food products has significantly increased as a result of the growing population and an increase in disposable income.

The growing awareness of waste and its associated costs is another factor influencing the demand for packaged foods and increasing the sales of plastic resins.

Due to the expanding the market, Europe is predicted to experience significant growth. Russia is now the world's tenth-largest plastic resins market as a result of the economy's strong growth in the packaging sector. Plastic resins are growing in popularity in Europe due to lax packaging waste restrictions and attractive taxation.

The plastic resins in Brazil is ranked as the seventh largest in the world. Brazil's growing middle class and its healthy population are major factors in Latin America's plastic resins market expansion. According to Pira International, South America is anticipated to grow rapidly by the end of the forecast period as a result of the recent purchase of producers of PET and other plastic packaging materials including Amcor, Rexam, Graham's Packaging, and others.

Category-Wise Insights For Global Plastic Resins Market

Which Type of Plastic Resins Products are Most Preferred in the Global Market?

The product category of crystalline resins represented the highest revenue share of more than 62 percent in 2021, and it is anticipated that it will continue to dominate the market for the duration of the projection period.

A significant portion of the crystalline type sector was made up of the Polyethylene (PE) resin sub-segment due to the growing demand for these materials in food packaging, stretch wrap, and other industries.

In 2021, the non-crystalline resin market accounted for around 1/5 of total sales. Due to the rising use of alternative polymers including polyamide, polyether ether ketone, and liquid crystal polymers, the demand for plastic resins is predicted to decrease during the forecasted years.

Which Segment of the Plastic Resins Market on the Basis of Application is Performing Better?

The packaging category had the biggest revenue share of over 36% in 2021 and is anticipated to grow at a consistent CAGR throughout the forecast period. The market growth would be aided by the expanding packaging industry and the rising demand for packaged goods and beverages.

Additionally, strict regulations regulating the safe use of plastic materials in food and beverage applications have been established by a number of government agencies, which is anticipated to boost the segment's sales of plastic resins.

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Regional Analysis Of The Plastic Resins Market

How Plastic Resins Market Share is performing in North America?

In terms of development and industrialization, North America is one of the booming regions. The development of modern packaging technology and improvements in manufacturing processes are anticipated to fuel the rise of demand for plastic resins. Due to demographics and customer preferences, it is anticipated that the need for plastic packaging would rise during the projection period.

What is the Performance of Plastic Resins Market in Asia Pacific Region?

With about 45% of the revenue share in the plastic resins market worldwide in 2020, Asia Pacific is the market leader. Furthermore, it was predicted that the region will continue to dominate during the forecast period. China is the dominant country in the Asia Pacific region and accounted for around 35 percent of the worldwide plastic resins market.

This is mostly attributable to the nation's substantial production capacity and high density of plastic manufacturing facilities. With more than 15,000 plastic manufacturers, China has roughly one-fourth of the world's capability for producing plastic.

Competitive Landscape For The Plastic Resins Market

The existence of a significant number of regional and international companies has led to the highly fragmented nature of the global market. Due to a higher level of product type susceptibility, industry participants compete fiercely with one another.

Government regulations that are strict on the use of plastic items also control the level of competition and market expansion. To slow the rate of contamination, however, market companies are concentrating on biodegradable plastics.

Recent Developments In Global Plastic Resins Market

As part of its acquisition of Solvay's PA66 business, BASF began marketing polyamide (PA) and polyphthalamides (PPA) grades in Europe on February 1, 2022. Under humid circumstances and high temperatures, Ultramid® One J (PA66/6T) has good mechanical and dielectric qualities.

Startup Ecosystem In The Global Plastic Resins Market

One of the most significant technological developments in the plastic resins industry is the creation of bioplastic. Plastics made from renewable biomass sources, such as maize starch, woodchips, vegetable fats and oils, and other byproducts of agriculture, are known as bioplastics. Bioplastics like PLA, PHA, and CPLA were created to address the biodegradability issue. PLA is compostable, recyclable, and biodegradable.

As per the plastic resins market analysis, businesses have begun using bioplastic and other plant-based packaging techniques. For instance, to promote the use of PHA, a biodegradable polymer, in single-use packaging applications, Milliken and Company joined the global organization of PHA (GO! PHA).

Global Plastic Resins Market Key Players

  • SABIC
  • BASF SE
  • Dow Inc.
  • Sumitomo Chemical
  • Evonik Industries
  • Arkema
  • Teijin Limited
  • Eastman Chemical Company
  • Celanese Corporation
  • Chevron Phillips Chemical Co., LLC
  • Exxon Mobil Corporation
  • Lotte Chemical Corporation
  • Formosa Plastics Corporation
  • Toray Industries, Inc.
  • Covestro AG
  • Mitsui & Co. Plastics Ltd.

Plastic Resins Market By Segmentation

By Product:

  • Crystalline
    • Epoxy
    • Polyethylene
    • Polypropylene
  • Non-crystalline
    • Polyvinyl Chloride (PVC)
    • Polystyrene (PS)
    • Acrylonitrile Butadiene Styrene (ABS)
    • Polymethyl Methacrylate (PMMA)
  • Engineering Plastic
    • Nylon
    • Polybutylene Terephthalate (PBT)
    • Polycarbonate (PC)
    • Polyamide
  • Super Engineering Plastic
    • Polyphenylene Sulfide (PPS)
    • Polyether Ether Ketone (PEEK)
    • Liquid Crystal Polymer (LCP)

By Application:

  • Packaging
    • Food
    • Beverage
    • Medical
    • Retail
    • Others
  • Automotive
  • Construction
  • Electrical & Electronics
    • OA Equipment and Home Appliances
    • Electronic Materials
    • Others
  • Logistics
  • Consumer Goods
  • Textiles & Clothing
    • Clothing
    • Industrial use
    • Others
  • Furniture & Bedding
  • Agriculture
  • Medical Devices
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Frequently Asked Questions

The Plastic Resins market is expected to grow at 4.5% CAGR over 2022-2032.

The Plastic Resins market is estimated to be around US$ 764 Billion in 2022.

The Plastic Resins market is anticipated to reach a valuation of US$ 1186 Billion by 2032.

The Plastic Resins market's packaging application segment held a commanding position of more than 36 percent in 2021 and is projected to expand significantly over the coming years.

China is the fastest growing Plastic Resins market with a share 31% in 2021.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity 

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Plastic Resins Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Projections, 2022-2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Plastic Resins Market Analysis 2017-2021 and Forecast 2022-2032, By Product

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Product, 2017-2021

    5.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Product, 2022-2032

        5.3.1. Crystalline Resin

            5.3.1.1. Epoxy

            5.3.1.2. Polyethylene

            5.3.1.3. Polypropylene

        5.3.2. Non-crystalline Resin

            5.3.2.1. Polyvinyl Chloride (PVC)

            5.3.2.2. Polystyrene (PS)

            5.3.2.3. Acrylonitrile Butadiene Styrene (ABS)

            5.3.2.4. Polymethyl Methacrylate (PMMA)

        5.3.3. Engineering Plastic

            5.3.3.1. Nylon

            5.3.3.2. Polybutylene Terephthalate (PBT)

            5.3.3.3. Polycarbonate (PC)

            5.3.3.4. Polyamide

        5.3.4. Super Engineering Plastic

            5.3.4.1. Polyphenylene Sulfide (PPS)

            5.3.4.2. Polyether Ether Ketone (PEEK)

            5.3.4.3. Liquid Crystal Polymer (LCP)

    5.4. Y-o-Y Growth Trend Analysis By Product, 2017-2021

    5.5. Absolute $ Opportunity Analysis By Product, 2022-2032

6. Global Plastic Resins Market Analysis 2017-2021 and Forecast 2022-2032, By Application

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Application, 2017-2021

    6.3. Current and Future Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Application, 2022-2032

        6.3.1. Packaging

            6.3.1.1. Food

            6.3.1.2. Beverage

            6.3.1.3. Medical

            6.3.1.4. Retail

            6.3.1.5. Others

        6.3.2. Automotive

        6.3.3. Construction

        6.3.4. Electrical & Electronics

            6.3.4.1. OA Equipment and Home Appliances

            6.3.4.2. Electronic Materials

            6.3.4.3. Others

        6.3.5. Logistics

        6.3.6. Consumer Goods

        6.3.7. Textiles & Clothing

            6.3.7.1. Clothing

            6.3.7.2. Industrial Use

            6.3.7.3. Others

        6.3.8. Furniture & Bedding

        6.3.9. Agriculture

        6.3.10. Medical Devices

        6.3.11. Others 

    6.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021

    6.5. Absolute $ Opportunity Analysis By Application, 2022-2032

7. Global Plastic Resins Market Analysis 2017-2021 and Forecast 2022-2032, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Mn) & Volume (Tons) Analysis By Region, 2017-2021

    7.3. Current Market Size Value (US$ Mn) & Volume (Tons) Analysis and Forecast By Region, 2022-2032

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Europe

        7.3.4. Asia Pacific

        7.3.5. MEA

    7.4. Market Attractiveness Analysis By Region

8. North America Plastic Resins Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    8.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021

    8.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        8.2.1. By Country

            8.2.1.1. U.S.

            8.2.1.2. Canada

        8.2.2. By Product

        8.2.3. By Application

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Product

        8.3.3. By Application

    8.4. Key Takeaways

9. Latin America Plastic Resins Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    9.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021

    9.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Rest of Latin America

        9.2.2. By Product

        9.2.3. By Application

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Product

        9.3.3. By Application

    9.4. Key Takeaways

10. Europe Plastic Resins Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    10.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021

    10.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. U.K.

            10.2.1.3. France

            10.2.1.4. Spain

            10.2.1.5. Italy

            10.2.1.6. Rest of Europe

        10.2.2. By Product

        10.2.3. By Application

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product

        10.3.3. By Application

    10.4. Key Takeaways

11. Asia Pacific Plastic Resins Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    11.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021

    11.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        11.2.1. By Country

            11.2.1.1. China

            11.2.1.2. Japan

            11.2.1.3. South Korea

            11.2.1.4. Malaysia

            11.2.1.5. Singapore

            11.2.1.6. Australia

            11.2.1.7. New Zealand

            11.2.1.8. Rest of APAC

        11.2.2. By Product

        11.2.3. By Application

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product

        11.3.3. By Application

    11.4. Key Takeaways

12. MEA Plastic Resins Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    12.1. Historical Market Size Value (US$ Mn) & Volume (Tons) Trend Analysis By Market Taxonomy, 2017-2021

    12.2. Market Size Value (US$ Mn) & Volume (Tons) Forecast By Market Taxonomy, 2022-2032

        12.2.1. By Country

            12.2.1.1. GCC Countries

            12.2.1.2. South Africa

            12.2.1.3. Israel

            12.2.1.4. Rest of MEA

        12.2.2. By Product

        12.2.3. By Application

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product

        12.3.3. By Application

    12.4. Key Takeaways

13. Key Countries Plastic Resins Market Analysis

    13.1. U.S.

        13.1.1. Pricing Analysis

        13.1.2. Market Share Analysis, 2021

            13.1.2.1. By Product

            13.1.2.2. By Application

    13.2. Canada

        13.2.1. Pricing Analysis

        13.2.2. Market Share Analysis, 2021

            13.2.2.1. By Product

            13.2.2.2. By Application

    13.3. Brazil

        13.3.1. Pricing Analysis

        13.3.2. Market Share Analysis, 2021

            13.3.2.1. By Product

            13.3.2.2. By Application

    13.4. Mexico

        13.4.1. Pricing Analysis

        13.4.2. Market Share Analysis, 2021

            13.4.2.1. By Product

            13.4.2.2. By Application

    13.5. Germany

        13.5.1. Pricing Analysis

        13.5.2. Market Share Analysis, 2021

            13.5.2.1. By Product

            13.5.2.2. By Application

    13.6. U.K.

        13.6.1. Pricing Analysis

        13.6.2. Market Share Analysis, 2021

            13.6.2.1. By Product

            13.6.2.2. By Application

    13.7. France

        13.7.1. Pricing Analysis

        13.7.2. Market Share Analysis, 2021

            13.7.2.1. By Product

            13.7.2.2. By Application

    13.8. Spain

        13.8.1. Pricing Analysis

        13.8.2. Market Share Analysis, 2021

            13.8.2.1. By Product

            13.8.2.2. By Application

    13.9. Italy

        13.9.1. Pricing Analysis

        13.9.2. Market Share Analysis, 2021

            13.9.2.1. By Product

            13.9.2.2. By Application

    13.10. China

        13.10.1. Pricing Analysis

        13.10.2. Market Share Analysis, 2021

            13.10.2.1. By Product

            13.10.2.2. By Application

    13.11. Japan

        13.11.1. Pricing Analysis

        13.11.2. Market Share Analysis, 2021

            13.11.2.1. By Product

            13.11.2.2. By Application

    13.12. South Korea

        13.12.1. Pricing Analysis

        13.12.2. Market Share Analysis, 2021

            13.12.2.1. By Product

            13.12.2.2. By Application

    13.13. Malaysia

        13.13.1. Pricing Analysis

        13.13.2. Market Share Analysis, 2021

            13.13.2.1. By Product

            13.13.2.2. By Application

    13.14. Singapore

        13.14.1. Pricing Analysis

        13.14.2. Market Share Analysis, 2021

            13.14.2.1. By Product

            13.14.2.2. By Application

    13.15. Australia

        13.15.1. Pricing Analysis

        13.15.2. Market Share Analysis, 2021

            13.15.2.1. By Product

            13.15.2.2. By Application

    13.16. New Zealand

        13.16.1. Pricing Analysis

        13.16.2. Market Share Analysis, 2021

            13.16.2.1. By Product

            13.16.2.2. By Application

    13.17. GCC Countries

        13.17.1. Pricing Analysis

        13.17.2. Market Share Analysis, 2021

            13.17.2.1. By Product

            13.17.2.2. By Application

    13.18. South Africa

        13.18.1. Pricing Analysis

        13.18.2. Market Share Analysis, 2021

            13.18.2.1. By Product

            13.18.2.2. By Application

    13.19. Israel

        13.19.1. Pricing Analysis

        13.19.2. Market Share Analysis, 2021

            13.19.2.1. By Product

            13.19.2.2. By Application

14. Market Structure Analysis

    14.1. Competition Dashboard

    14.2. Competition Benchmarking

    14.3. Market Share Analysis of Top Players

        14.3.1. By Regional

        14.3.2. By Product

        14.3.3. By Application

15. Competition Analysis

    15.1. Competition Deep Dive

        15.1.1. BASF SE

            15.1.1.1. Overview

            15.1.1.2. Product Portfolio

            15.1.1.3. Profitability by Market Segments

            15.1.1.4. Sales Footprint

            15.1.1.5. Strategy Overview

                15.1.1.5.1. Marketing Strategy

                15.1.1.5.2. Product Strategy

                15.1.1.5.3. Channel Strategy

        15.1.2. SABIC

            15.1.2.1. Overview

            15.1.2.2. Product Portfolio

            15.1.2.3. Profitability by Market Segments

            15.1.2.4. Sales Footprint

            15.1.2.5. Strategy Overview

                15.1.2.5.1. Marketing Strategy

                15.1.2.5.2. Product Strategy

                15.1.2.5.3. Channel Strategy

        15.1.3. Dow, Inc.

            15.1.3.1. Overview

            15.1.3.2. Product Portfolio

            15.1.3.3. Profitability by Market Segments

            15.1.3.4. Sales Footprint

            15.1.3.5. Strategy Overview

                15.1.3.5.1. Marketing Strategy

                15.1.3.5.2. Product Strategy

                15.1.3.5.3. Channel Strategy

        15.1.4. Evonik Industries

            15.1.4.1. Overview

            15.1.4.2. Product Portfolio

            15.1.4.3. Profitability by Market Segments

            15.1.4.4. Sales Footprint

            15.1.4.5. Strategy Overview

                15.1.4.5.1. Marketing Strategy

                15.1.4.5.2. Product Strategy

                15.1.4.5.3. Channel Strategy

        15.1.5. Sumitomo Chemical

            15.1.5.1. Overview

            15.1.5.2. Product Portfolio

            15.1.5.3. Profitability by Market Segments

            15.1.5.4. Sales Footprint

            15.1.5.5. Strategy Overview

                15.1.5.5.1. Marketing Strategy

                15.1.5.5.2. Product Strategy

                15.1.5.5.3. Channel Strategy

        15.1.6. Arkema

            15.1.6.1. Overview

            15.1.6.2. Product Portfolio

            15.1.6.3. Profitability by Market Segments

            15.1.6.4. Sales Footprint

            15.1.6.5. Strategy Overview

                15.1.6.5.1. Marketing Strategy

                15.1.6.5.2. Product Strategy

                15.1.6.5.3. Channel Strategy

        15.1.7. Celanese Corporation

            15.1.7.1. Overview

            15.1.7.2. Product Portfolio

            15.1.7.3. Profitability by Market Segments

            15.1.7.4. Sales Footprint

            15.1.7.5. Strategy Overview

                15.1.7.5.1. Marketing Strategy

                15.1.7.5.2. Product Strategy

                15.1.7.5.3. Channel Strategy

        15.1.8. Eastman Chemical Company

            15.1.8.1. Overview

            15.1.8.2. Product Portfolio

            15.1.8.3. Profitability by Market Segments

            15.1.8.4. Sales Footprint

            15.1.8.5. Strategy Overview

                15.1.8.5.1. Marketing Strategy

                15.1.8.5.2. Product Strategy

                15.1.8.5.3. Channel Strategy

        15.1.9. Chevron Phillips Chemical

            15.1.9.1. Overview

            15.1.9.2. Product Portfolio

            15.1.9.3. Profitability by Market Segments

            15.1.9.4. Sales Footprint

            15.1.9.5. Strategy Overview

                15.1.9.5.1. Marketing Strategy

                15.1.9.5.2. Product Strategy

                15.1.9.5.3. Channel Strategy

        15.1.10. Lotte Chemical Corporation

            15.1.10.1. Overview

            15.1.10.2. Product Portfolio

            15.1.10.3. Profitability by Market Segments

            15.1.10.4. Sales Footprint

            15.1.10.5. Strategy Overview

                15.1.10.5.1. Marketing Strategy

                15.1.10.5.2. Product Strategy

                15.1.10.5.3. Channel Strategy

        15.1.11. Exxon Mobil Corporation

            15.1.11.1. Overview

            15.1.11.2. Product Portfolio

            15.1.11.3. Profitability by Market Segments

            15.1.11.4. Sales Footprint

            15.1.11.5. Strategy Overview

                15.1.11.5.1. Marketing Strategy

                15.1.11.5.2. Product Strategy

                15.1.11.5.3. Channel Strategy

        15.1.12. Formosa Plastics Corporation

            15.1.12.1. Overview

            15.1.12.2. Product Portfolio

            15.1.12.3. Profitability by Market Segments

            15.1.12.4. Sales Footprint

            15.1.12.5. Strategy Overview

                15.1.12.5.1. Marketing Strategy

                15.1.12.5.2. Product Strategy

                15.1.12.5.3. Channel Strategy

        15.1.13. Covestro AG

            15.1.13.1. Overview

            15.1.13.2. Product Portfolio

            15.1.13.3. Profitability by Market Segments

            15.1.13.4. Sales Footprint

            15.1.13.5. Strategy Overview

                15.1.13.5.1. Marketing Strategy

                15.1.13.5.2. Product Strategy

                15.1.13.5.3. Channel Strategy

        15.1.14. Toray Industries, Inc.

            15.1.14.1. Overview

            15.1.14.2. Product Portfolio

            15.1.14.3. Profitability by Market Segments

            15.1.14.4. Sales Footprint

            15.1.14.5. Strategy Overview

                15.1.14.5.1. Marketing Strategy

                15.1.14.5.2. Product Strategy

                15.1.14.5.3. Channel Strategy

        15.1.15. Mitsui & Co. Plastics

            15.1.15.1. Overview

            15.1.15.2. Product Portfolio

            15.1.15.3. Profitability by Market Segments

            15.1.15.4. Sales Footprint

            15.1.15.5. Strategy Overview

                15.1.15.5.1. Marketing Strategy

                15.1.15.5.2. Product Strategy

                15.1.15.5.3. Channel Strategy

        15.1.16. Teijin Limited

            15.1.16.1. Overview

            15.1.16.2. Product Portfolio

            15.1.16.3. Profitability by Market Segments

            15.1.16.4. Sales Footprint

            15.1.16.5. Strategy Overview

                15.1.16.5.1. Marketing Strategy

                15.1.16.5.2. Product Strategy

                15.1.16.5.3. Channel Strategy

16. Assumptions & Acronyms Used

17. Research Methodology

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List of Tables

Table 1: Global Plastic Resins Market Value (US$ Mn) Forecast by Region, 2017-2032

Table 2: Global Plastic Resins Market Volume (Tons) Forecast by Region, 2017-2032

Table 3: Global Plastic Resins Market Value (US$ Mn) Forecast by Product, 2017-2032

Table 4: Global Plastic Resins Market Volume (Tons) Forecast by Product, 2017-2032

Table 5: Global Plastic Resins Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 6: Global Plastic Resins Market Volume (Tons) Forecast by Application, 2017-2032

Table 7: North America Plastic Resins Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 8: North America Plastic Resins Market Volume (Tons) Forecast by Country, 2017-2032

Table 9: North America Plastic Resins Market Value (US$ Mn) Forecast by Product, 2017-2032

Table 10: North America Plastic Resins Market Volume (Tons) Forecast by Product, 2017-2032

Table 11: North America Plastic Resins Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 12: North America Plastic Resins Market Volume (Tons) Forecast by Application, 2017-2032

Table 13: Latin America Plastic Resins Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 14: Latin America Plastic Resins Market Volume (Tons) Forecast by Country, 2017-2032

Table 15: Latin America Plastic Resins Market Value (US$ Mn) Forecast by Product, 2017-2032

Table 16: Latin America Plastic Resins Market Volume (Tons) Forecast by Product, 2017-2032

Table 17: Latin America Plastic Resins Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 18: Latin America Plastic Resins Market Volume (Tons) Forecast by Application, 2017-2032

Table 19: Europe Plastic Resins Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 20: Europe Plastic Resins Market Volume (Tons) Forecast by Country, 2017-2032

Table 21: Europe Plastic Resins Market Value (US$ Mn) Forecast by Product, 2017-2032

Table 22: Europe Plastic Resins Market Volume (Tons) Forecast by Product, 2017-2032

Table 23: Europe Plastic Resins Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 24: Europe Plastic Resins Market Volume (Tons) Forecast by Application, 2017-2032

Table 25: Asia Pacific Plastic Resins Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 26: Asia Pacific Plastic Resins Market Volume (Tons) Forecast by Country, 2017-2032

Table 27: Asia Pacific Plastic Resins Market Value (US$ Mn) Forecast by Product, 2017-2032

Table 28: Asia Pacific Plastic Resins Market Volume (Tons) Forecast by Product, 2017-2032

Table 29: Asia Pacific Plastic Resins Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 30: Asia Pacific Plastic Resins Market Volume (Tons) Forecast by Application, 2017-2032

Table 31: MEA Plastic Resins Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 32: MEA Plastic Resins Market Volume (Tons) Forecast by Country, 2017-2032

Table 33: MEA Plastic Resins Market Value (US$ Mn) Forecast by Product, 2017-2032

Table 34: MEA Plastic Resins Market Volume (Tons) Forecast by Product, 2017-2032

Table 35: MEA Plastic Resins Market Value (US$ Mn) Forecast by Application, 2017-2032

Table 36: MEA Plastic Resins Market Volume (Tons) Forecast by Application, 2017-2032

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List of Charts

Figure 1: Global Plastic Resins Market Value (US$ Mn) by Product, 2022-2032

Figure 2: Global Plastic Resins Market Value (US$ Mn) by Application, 2022-2032

Figure 3: Global Plastic Resins Market Value (US$ Mn) by Region, 2022-2032

Figure 4: Global Plastic Resins Market Value (US$ Mn) Analysis by Region, 2017-2032

Figure 5: Global Plastic Resins Market Volume (Tons) Analysis by Region, 2017-2032

Figure 6: Global Plastic Resins Market Value Share (%) and BPS Analysis by Region, 2022-2032

Figure 7: Global Plastic Resins Market Y-o-Y Growth (%) Projections by Region, 2022-2032

Figure 8: Global Plastic Resins Market Value (US$ Mn) Analysis by Product, 2017-2032

Figure 9: Global Plastic Resins Market Volume (Tons) Analysis by Product, 2017-2032

Figure 10: Global Plastic Resins Market Value Share (%) and BPS Analysis by Product, 2022-2032

Figure 11: Global Plastic Resins Market Y-o-Y Growth (%) Projections by Product, 2022-2032

Figure 12: Global Plastic Resins Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 13: Global Plastic Resins Market Volume (Tons) Analysis by Application, 2017-2032

Figure 14: Global Plastic Resins Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 15: Global Plastic Resins Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 16: Global Plastic Resins Market Attractiveness by Product, 2022-2032

Figure 17: Global Plastic Resins Market Attractiveness by Application, 2022-2032

Figure 18: Global Plastic Resins Market Attractiveness by Region, 2022-2032

Figure 19: North America Plastic Resins Market Value (US$ Mn) by Product, 2022-2032

Figure 20: North America Plastic Resins Market Value (US$ Mn) by Application, 2022-2032

Figure 21: North America Plastic Resins Market Value (US$ Mn) by Country, 2022-2032

Figure 22: North America Plastic Resins Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 23: North America Plastic Resins Market Volume (Tons) Analysis by Country, 2017-2032

Figure 24: North America Plastic Resins Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 25: North America Plastic Resins Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 26: North America Plastic Resins Market Value (US$ Mn) Analysis by Product, 2017-2032

Figure 27: North America Plastic Resins Market Volume (Tons) Analysis by Product, 2017-2032

Figure 28: North America Plastic Resins Market Value Share (%) and BPS Analysis by Product, 2022-2032

Figure 29: North America Plastic Resins Market Y-o-Y Growth (%) Projections by Product, 2022-2032

Figure 30: North America Plastic Resins Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 31: North America Plastic Resins Market Volume (Tons) Analysis by Application, 2017-2032

Figure 32: North America Plastic Resins Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 33: North America Plastic Resins Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 34: North America Plastic Resins Market Attractiveness by Product, 2022-2032

Figure 35: North America Plastic Resins Market Attractiveness by Application, 2022-2032

Figure 36: North America Plastic Resins Market Attractiveness by Country, 2022-2032

Figure 37: Latin America Plastic Resins Market Value (US$ Mn) by Product, 2022-2032

Figure 38: Latin America Plastic Resins Market Value (US$ Mn) by Application, 2022-2032

Figure 39: Latin America Plastic Resins Market Value (US$ Mn) by Country, 2022-2032

Figure 40: Latin America Plastic Resins Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 41: Latin America Plastic Resins Market Volume (Tons) Analysis by Country, 2017-2032

Figure 42: Latin America Plastic Resins Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 43: Latin America Plastic Resins Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 44: Latin America Plastic Resins Market Value (US$ Mn) Analysis by Product, 2017-2032

Figure 45: Latin America Plastic Resins Market Volume (Tons) Analysis by Product, 2017-2032

Figure 46: Latin America Plastic Resins Market Value Share (%) and BPS Analysis by Product, 2022-2032

Figure 47: Latin America Plastic Resins Market Y-o-Y Growth (%) Projections by Product, 2022-2032

Figure 48: Latin America Plastic Resins Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 49: Latin America Plastic Resins Market Volume (Tons) Analysis by Application, 2017-2032

Figure 50: Latin America Plastic Resins Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 51: Latin America Plastic Resins Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 52: Latin America Plastic Resins Market Attractiveness by Product, 2022-2032

Figure 53: Latin America Plastic Resins Market Attractiveness by Application, 2022-2032

Figure 54: Latin America Plastic Resins Market Attractiveness by Country, 2022-2032

Figure 55: Europe Plastic Resins Market Value (US$ Mn) by Product, 2022-2032

Figure 56: Europe Plastic Resins Market Value (US$ Mn) by Application, 2022-2032

Figure 57: Europe Plastic Resins Market Value (US$ Mn) by Country, 2022-2032

Figure 58: Europe Plastic Resins Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 59: Europe Plastic Resins Market Volume (Tons) Analysis by Country, 2017-2032

Figure 60: Europe Plastic Resins Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 61: Europe Plastic Resins Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 62: Europe Plastic Resins Market Value (US$ Mn) Analysis by Product, 2017-2032

Figure 63: Europe Plastic Resins Market Volume (Tons) Analysis by Product, 2017-2032

Figure 64: Europe Plastic Resins Market Value Share (%) and BPS Analysis by Product, 2022-2032

Figure 65: Europe Plastic Resins Market Y-o-Y Growth (%) Projections by Product, 2022-2032

Figure 66: Europe Plastic Resins Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 67: Europe Plastic Resins Market Volume (Tons) Analysis by Application, 2017-2032

Figure 68: Europe Plastic Resins Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 69: Europe Plastic Resins Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 70: Europe Plastic Resins Market Attractiveness by Product, 2022-2032

Figure 71: Europe Plastic Resins Market Attractiveness by Application, 2022-2032

Figure 72: Europe Plastic Resins Market Attractiveness by Country, 2022-2032

Figure 73: Asia Pacific Plastic Resins Market Value (US$ Mn) by Product, 2022-2032

Figure 74: Asia Pacific Plastic Resins Market Value (US$ Mn) by Application, 2022-2032

Figure 75: Asia Pacific Plastic Resins Market Value (US$ Mn) by Country, 2022-2032

Figure 76: Asia Pacific Plastic Resins Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 77: Asia Pacific Plastic Resins Market Volume (Tons) Analysis by Country, 2017-2032

Figure 78: Asia Pacific Plastic Resins Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 79: Asia Pacific Plastic Resins Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 80: Asia Pacific Plastic Resins Market Value (US$ Mn) Analysis by Product, 2017-2032

Figure 81: Asia Pacific Plastic Resins Market Volume (Tons) Analysis by Product, 2017-2032

Figure 82: Asia Pacific Plastic Resins Market Value Share (%) and BPS Analysis by Product, 2022-2032

Figure 83: Asia Pacific Plastic Resins Market Y-o-Y Growth (%) Projections by Product, 2022-2032

Figure 84: Asia Pacific Plastic Resins Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 85: Asia Pacific Plastic Resins Market Volume (Tons) Analysis by Application, 2017-2032

Figure 86: Asia Pacific Plastic Resins Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 87: Asia Pacific Plastic Resins Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 88: Asia Pacific Plastic Resins Market Attractiveness by Product, 2022-2032

Figure 89: Asia Pacific Plastic Resins Market Attractiveness by Application, 2022-2032

Figure 90: Asia Pacific Plastic Resins Market Attractiveness by Country, 2022-2032

Figure 91: MEA Plastic Resins Market Value (US$ Mn) by Product, 2022-2032

Figure 92: MEA Plastic Resins Market Value (US$ Mn) by Application, 2022-2032

Figure 93: MEA Plastic Resins Market Value (US$ Mn) by Country, 2022-2032

Figure 94: MEA Plastic Resins Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 95: MEA Plastic Resins Market Volume (Tons) Analysis by Country, 2017-2032

Figure 96: MEA Plastic Resins Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 97: MEA Plastic Resins Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 98: MEA Plastic Resins Market Value (US$ Mn) Analysis by Product, 2017-2032

Figure 99: MEA Plastic Resins Market Volume (Tons) Analysis by Product, 2017-2032

Figure 100: MEA Plastic Resins Market Value Share (%) and BPS Analysis by Product, 2022-2032

Figure 101: MEA Plastic Resins Market Y-o-Y Growth (%) Projections by Product, 2022-2032

Figure 102: MEA Plastic Resins Market Value (US$ Mn) Analysis by Application, 2017-2032

Figure 103: MEA Plastic Resins Market Volume (Tons) Analysis by Application, 2017-2032

Figure 104: MEA Plastic Resins Market Value Share (%) and BPS Analysis by Application, 2022-2032

Figure 105: MEA Plastic Resins Market Y-o-Y Growth (%) Projections by Application, 2022-2032

Figure 106: MEA Plastic Resins Market Attractiveness by Product, 2022-2032

Figure 107: MEA Plastic Resins Market Attractiveness by Application, 2022-2032

Figure 108: MEA Plastic Resins Market Attractiveness by Country, 2022-2032

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Plastic Resins Market