Dec 29, 2017   SOURCE: BusinessWire

Global Top 10 Plastics Market - Projected to Reach USD 586.24 Billion By 2021 - Research and Markets

The "Top 10 Plastics Market - Global Forecast to 2021" report has been added to Research and Markets' offering.

The global top 10 plastics market is projected to reach USD 586.24 Billion by 2021, at a CAGR of 6.84% from 2016 to 2021. The market size is projected to reach 332.4 Million tons by 2021, at a CAGR of 4.68%. Growth in key end-use industries, such as automotive, building & construction, packaging, electrical & electronics, and construction; and the substitution of metal-based products with various plastic materials are the key factors driving the global top 10 plastics market.

Polyethylene (PE) was the largest type segment of the top 10 plastics market in 2015, owing to the extensive use of PE in applications, such as packaging, construction, electrical, electronics, automotive, and so on. Its cost-effective nature, ability to be easily remolded according to requirements, and flexibility makes its large scale utilization possible in the packaging bottles, polyethylene tubing, and polyethylene sheets.

Packaging is estimated to be the largest application segment of market. Industrial growth and infrastructure development, along with the rapidly growing demand for articles that employ plastic packaging, offer lucrative opportunities for the packaging segment to flourish. Manufacturing of plastic containers and films that are used in the packaging of food, beverages, pharmaceuticals, and personal care products further contributes to making packaging the largest application segment of the global top 10 plastics market.

Companies Mentioned

  • Ach Foam Technologies
  • Borealis Ag
  • E. I. Du Pont De Nemours And Company
  • Exxonmobil Chemical
  • Huntsman Corporation
  • Polyplastics Co., Ltd
  • Sabic
  • Solvay Sa
  • The Dow Chemical Company
  • Vinnolit Gmbh & Co. Kg

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Top 10 Plastics Market, By Type

8 Global Top 10 Plastic Market, By Application

9 Top 10 Plastics Market, By Region

10 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/8ms23c/top_10_plastics