Table of Content - Industrial Plastic Market

The industrial plastic market is estimated to be valued at USD 93.19 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031. The industrial plastic market has experienced steady growth over the past few decades driven by the rising demand from end-use industries. Plastics have largely replaced traditional materials in industrial applications owing to their lightweight, durable, and corrosion-resistant properties. Additionally, plastics aid in reducing production costs for manufacturers. Some of the major industrial plastic types include polyvinyl chloride (PVC), polyethylene (PE), polypropylene (PP), polyurethane (PU), and others. These plastics find wide applications across various industries such as construction, packaging, automotive, electronics, and other industrial verticals. Going forward, the growth of the industrial plastic market will be fueled by rising industrialization across developing nations, rapid urbanization, and increasing investment in infrastructure development projects.

Market Dynamics:

The industrial plastic market is witnessing positive growth driven by several factors. Rapid industrialization and infrastructural development activities across emerging economies are creating significant demand for durable and cost-effective plastic materials. For instance, growth in the construction and automotive industries in Asia Pacific is a major driver. Additionally, properties of plastics such as resilience to weathering, corrosion resistance, and flexibility make them suitable for industrial applications. However, volatility in raw material prices poses a major challenge as it increases production costs. Moreover, growing environmental concerns regarding plastic waste have led regulatory bodies to impose stringent norms regarding the recycling and disposal of plastics. Nevertheless, the market players are increasingly investing in R&D to develop bio-based and recyclable plastics, which is expected to present lucrative opportunities for sustainable growth over the forecast period.

Key Features of the Study:

This report provides in-depth analysis of the global industrial plastic market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global industrial plastic market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Exxon Mobil Corporation, Sumitomo Chemical Co., Ltd., BASF SE, SABIC, Dow, Inc., Evonik Industries AG, Arkema, Celanese Corporation, Eastman Chemical Company, Chevron Phillips Chemical Co., LLC, Formosa Plastics Corporation, Covestro AG, Toray Industries, Inc., Mitsui & Co. Plastics Ltd., TEIJIN LIMITED, LG Chem, Huntsman International LLC, Chevron Phillips Chemical Co., LLC, and LyondellBasell Industries Holdings B.V.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global industrial plastic market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Detailed Segmentation-

By Product Type:
- Polyphenylene Ether
- Acrylonitrile Butadiene Styrene (ABS)
- Polybutylene Terephthalate (PBT)
- PEEK
- Polyamide
- Polysulfone (PSU)
- Others
By Application:
- Packaging
- Building & Construction
- Electrical & Electronics
- Automotive & Transportation
- Healthcare
- Aerospace
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Exxon Mobil Corporation
- Sumitomo Chemical Co., Ltd.
- BASF SE
- SABIC
- Dow, Inc.
- Evonik Industries AG
- Arkema
- Celanese Corporation
- Eastman Chemical Company
- Chevron Phillips Chemical Co., LLC
- Formosa Plastics Corporation
- Covestro AG
- Toray Industries, Inc.
- Mitsui & Co. Plastics Ltd.
- TEIJIN LIMITED
- LG Chem
- Huntsman International LLC
- Chevron Phillips Chemical Co., LLC
- LyondellBasell Industries Holdings B.V.

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snippet, By Product Type
  - Market Snippet, By Application
  - Market Snippet, By Region
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - PEST Analysis
  - PORTER’s Five Forces Analysis
  - Market Opportunities
  - Regulatory Scenario
  - Industry Trend
  - Mergers and Acquisitions
Global Industrial Plastic Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Industrial Plastic Market
- Impact Analysis
Global Industrial Plastic Market, By Product Type, 2019-2031, (US$ Bn)
- Introduction
  - Market Share Analysis, 2024, 2027 and 2031 (%)
  - Y-o-Y Growth Analysis, 2020 - 2031
  - Segment Trends
- Polyphenylene Ether
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Acrylonitrile Butadiene Styrene (ABS)
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Polybutylene Terephthalate (PBT)
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- PEEK
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Polyamide
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Polysulfone (PSU)
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
Global Industrial Plastic Market, By Application, 2019-2031, (US$ Bn)
- Introduction
  - Market Share Analysis, 2024, 2027 and 2031 (%)
  - Y-o-Y Growth Analysis, 2020 - 2031
  - Segment Trends
- Packaging
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Building & Construction
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Electrical & Electronics
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Automotive & Transportation
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Healthcare
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Aerospace
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2019 - 2031, (US$ Bn)
  - Segment Trends
Global Industrial Plastic Market, By Region, 2019-2031, (US$ Bn)
- Introduction
  - Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
  - Y-o-Y Growth Analysis, For Region, 2020-2031
- North America
  - Introduction
  - Market Size and Forecast, By Product Type, 2019 – 2031, (US$ Bn)
  - Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
  - Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
    - U.S.
    - Canada
- Latin America
  - Introduction
  - Market Size and Forecast, By Product Type, 2019 – 2031, (US$ Bn))
  - Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
  - Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - Introduction
  - Market Size and Forecast, By Product Type, 2019 – 2031, (US$ Bn)
  - Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
  - Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
    - U.K.
    - Germany
    - Italy
    - France
    - Spain
    - Russia
    - Rest of Europe
- Asia Pacific
  - Introduction
  - Market Size and Forecast, By Product Type, 2019 – 2031, (US$ Bn)
  - Market Size and Forecast, By Application, 2019 – 2031, (US$ Bn)
  - Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
    - China
    - India
    - Japan
    - ASEAN
    - Australia
    - South Korea
    - Rest of Asia Pacific
- Middle East & Africa
  - Introduction
  - Market Size and Forecast, By Product Type, 2019 – 2031, (US$ Bn)
  - Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn)
  - Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn)
    - GCC Countries
    - Israel
    - Rest of Middle East & Africa
Competitive Landscape
- Market Share Analysis
- Company Profiles
  - Exxon Mobil Corporation
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Sumitomo Chemical Co., Ltd.
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - BASF SE
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - SABIC
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Dow, Inc.
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Evonik Industries AG
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Arkema
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Celanese Corporation
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Eastman Chemical Company
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Chevron Phillips Chemical Co., LLC
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Formosa Plastics Corporation
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Covestro AG
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Toray Industries, Inc.
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Mitsui & Co. Plastics Ltd.
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - TEIJIN LIMITED
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - LG Chem
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Huntsman International LLC
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - Chevron Phillips Chemical Co., LLC
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
  - LyondellBasell Industries Holdings B.V.
    - Company Overview
    - Product Type Portfolio
    - Recent Developments/Updates
Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
Section
- References
- Research Methodology
- About Us and Sales Contact

* Browse 25 market data tables* and 20 figures* on “Global Industrial Plastic Market” - Global forecast to 2031.

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INDUSTRIAL PLASTIC MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

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