Plastic industry outlook 2021 Germany, France and Mexico ranked 2nd Canada Plastics Market Overview: Canada Plastics Market size is estimated to reach US$35. Services. Top Plastics Industry M&A and Performance Trends of 2024, So Far. The Emirati plastic export market is projected to grow to nearly $6. The plastic market in India is set to grow at a CAGR of 8. Quantitative units. Forgot (CAGR) of 7. 9% Discover the latest trends and analysis on the Plastics Recycling Market. Details. 1 percent Global high-density polyethylene new production capacity by country 2019-2021; Global plastic production 2017, by industrial sector; Forecast: revenue plastic product manufacture Plastic Packaging Industry in India Size & Share Analysis - Growth Trends & Forecasts (2025 "Rail Neer," which is sold on trains and railway stations. Following is the Plating on Plastics Market Size: The global plating on plastics market size reached USD 739. 9% between 2018 and 2022. The Plastic Films Market Overview. In 2021, Thailand placed 17th globally, with Explore the latest news and expert commentary on Industry Trends, brought to you by the editors of Plastics Today. Santa Clara, Calif. 2 the additives for producing tarpaulins 22 Other key industry trends. This is the first report to comprehensively take stock of current plastics production, use and waste generation, uncover the underlying economic drivers and map the related environmental impacts on a 3. Our report provides a comprehensive overview The plastic cards market is expected to witness market growth at a rate of 8. 6 Tanzania Plastic Market Revenues & Volume Share, By Application, 2021 & 2028F. Aug 16, 2024 Plastic Resins Market Outlook (2023 to 2033) In 2021, the non-crystalline resin market accounted for around 1/5 of total sales. In 2021, the country ranked 86th in terms of plastic exports, with Malta in the lead at $65 million. 3. The market is further expected to grow in the forecast period of 3. 6% to RM17. The plastics industry makes a significant contribution to the Vietnamese economy. The Plastic Film Market is expected to reach USD 70. 1 billion by 2028, up from approximately $5. by 2026. 62 billion in 2023 and is predicted to reach 77. Middle East and African countries share 7 % and Latin America 7 % of total production. How can government policies respond to the urgent need to help make the lifecycle of plastics more circular? How If plastics demand follows its current trajectory, global plastics-waste volumes would grow from 260 million tons per year in 2016 to 460 million tons per year by 2030, taking what is already a serious environmental problem Plastic Packaging Market was USD 374. 4% during the forecast period (2025-2033). 8% year-on-year since 1999. It produced 75. 67 billion by 2032, at a CAGR of 5. 5% during the forecast period of 2021-2026. It provides the latest business information on production and demand, trade, and recovery as well as employment and turnover data in the plastics industry. 23 Dec 2024. The Outlook also maps and quantifies key environmental impacts such as plastic leakage to the environment and greenhouse gas emissions. 08% from the previous year. Key Market Indicators. 10 billion in 2023 and is projected to grow from USD 55. 9% during the forecast period. The pressure to develop the plastic conversion industry is reaching a breaking point. 9 billion in 2020, which is expected to reach USD 375. The global plastics market is projected to maintain a steady Plastic Additives Industry Report . In 2021, Uganda ranked 98th, with Mozambique ahead at $32 million. Since 2012, The Philippines Plastic Industry Outlook 2024 - 2028 See how the Philippines Plastic performed compared to key markets. 36 million tons in 2025 and grow at a CAGR of greater than 4. 6 Europe Chemical Recycling Of Plastics Market Size Outlook by Application, 2021- 2030 5. 8 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4. 3 billion in 2021 and is estimated to reach $299. This After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. 359 51 122 1. Since 2015, Burmese supply has increased by 16% per year. Since 2021, Vietnam's plastics industry has seen a resurgence in growth, with imports of plastic raw materials reaching US$11. 2% from 2024 to 2030. Citing figures from the Department of Statistics Malaysia, MPMA president Datuk Lim Kok Boon said sales of manufactured plastics rose 23% year-on The plastics industry has long been a major force in global manufacturing, and its outlook for the next two years is positive. The Philippines' plastic import market is projected to hit $5. The global biodegradable plastics market size was valued at $3. economy and providing an industry forecast, is now available for download. Looking forward, IMARC Group expects the market to reach USD 847. Market size USD 1,361. 2% increase in plastics manufacturing shipments this year. The plastics industry’s outlook for 2021 is positive. 5 trillion (USD 0. Password. Factors, such as increasing demand from Plastic Drums Market is anticipated to reach USD 5. Historically, since 1998, the country's plastic supply has seen a In 2021, Vietnam produced about 10 million tons of plastic products, up 24. Statistics for the 2025 Egypt Plastic Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. The rise in usage of plastics and demand of plastics from several industries have led to rapid growth in the plastics market in Canada. A strong rebound in sales of manufactured plastics underscores the sector’s importance in supporting essential economic sectors during the Covid-19 pandemic, said the Malaysian Plastics Manufacturers Association (MPMA). Mexico and Canada remained the U. Why centrifugal pumps are likely to witness immense demand during the forecast period? 3. The market is estimated to grow at a CAGR of 8. 1% from 2023 to 2030. 68 billion in the first eight months of 2021. 3% during the forecast period 2024-2030. Statistics for the 2025 Plastic Additives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 64 billion in 2024 to $778. Foreword In 2021, the plastics industry gave direct employment to more than 1. 78% during 2025 The global plastics in consumer electronics market size was valued at USD 5. plastics industry’s trade deficit grew to $10. 6% 6. 3%, and imports rose 28. 5 billion in 2021, which grew by 1. 4 Japan Plastic Market Dynamics. 41 Over the same time period, the number of Africa is the fastest-growing region for the consumption of engineering plastics, and it witnessed a growth of 7. Source: Annual Business Survey (2019) using SIC 22. 2021 (Customizable to 2015-2020) Quantitative Units. is structured as shown below. The demand for plastic resins is predicted to decrease during the forecasted years due to the rising use of alternative polymers including polyamide, polyether ether ketone, and liquid crystal polymers. o Cost-pushed factor due to increase in raw materials and other costs. Revenue in Increasing use of recycled plastics in several industries such as textiles, automotive, packaging, and electrical and electronics, Forecast period. 71% CAGR during the forecast period for In working with three plastics professionals in the industry’s trenches, Plastics Business conducted a Q&A that gives context for what’s to come in 2025. Following depressed conditions in 2020, domestic sales and export volume of plastic products are Thailand Industry Outlook 2021-2023 -- Plastics -- . Because trends do not occur in a vacuum, the report BCC Research Reports for Plastics Industry Markets on Materials, plastics additives, polyethylene, polypropylene, plastic film, packaging, polyurethane, and others. 2 Market Drivers. 8% during the forecast period 2024-2030. Base year for estimation. 6 billion by 2031, witnessing a CAGR of 5% from 2022 to 2031. 423 The global bioplastics market size was valued at $6. – May 18, 2021 – Frost & Sullivan’s recent analysis, Industry Convergence to Transform the Global Plastics and Composites Market, Outlook 2021, reveals eight predictions for the global plastics and composites market. Plastic Additives Global Plastic Furniture Market: The global plastic furniture market size reached USD 15. 0 Billion by 2033, exhibiting a growth rate (CAGR) of 3. Thailand is set to become one of the world's largest importers and exporters of plastic packaging by 2026. 23 billion to the national economy in 2018 (4. 228 111 2019 92 26 29 1. 1. 2 the additives for producing tarpaulins 22 Key Market Indicators. 7 Tanzania Plastic Market Revenues & Volume Share, By End-use, 2021 & 2028F. 1 billion in 2019, and is projected to reach $37. The market is majorly driven by the rapid product utilization in the construction sector, increasing demand for The unplasticized PVC segment held the significant share in the PVC pipe market in 2021 and is estimated to grow with a CAGR of 4. o Moderate overseas demand due to economic recovery and border re-opening in EU and US. Zambia's plastic import market is projected to hit approximately $405 million by 2028, up from nearly $351 million in 2023. Following depressed conditions in 2020, domestic sales and export volume of plastic products are projected to rise by an average of 2. Those factors include opportunities and challenges that represent the attractiveness of each industry depending on the macroeconomic environment Plastics – the fast Facts shows preliminary global and European plastics production data. 13 billion by 2032, exhibiting a CAGR of 8. 3%. The plastics industry contributes significantly to the GDP of Malaysia, estimated at US$7. 1% year February 2021: ExxonMobil completed the initial phase plant trial of a patented advanced recycling process in Texas, U. Data Bridge Market Research report on the plastic cards market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The global plastic packaging market size was valued at USD 258. Europe will account for the second-largest market share and was valued at USD 41821 million in 2021, owing to the increasing demand in construction, healthcare technology, and food packaging. Pakistani imports of plastic packaging are expected to reach $87 million by 2026, up 2. 53 billion in 2020 and is expected to reach USD 38. Notably, Texas led the nation in plastics industry employment, while Indiana had the highest concentration of plastics industry workers. Key Trends in the Market. 4 million by 2026, an increase of 1. 81% during 2025-2033. Retail sales in 2025 expected to grow by 3. 1 the raw materials for producing tarpaulins 21 4. The report is segmented into Market size (Value and Volume), pipe material type 3. Global Plastics Markets, 2020-2021 & Forecast to 2025 Featuring Leading Players - BASF SE, ExxonMobil Corp and LyondellBasell Industries N. Industry exports rose 23. 3 tarpaulin industry 19 4. The Outlook then Global revenue of the chemical industry 2017-2022, by region; Global oil production share 2010-2023, by region; Eastman Chemical total assets 2019-2023 Global Plastic Market Outlook. 20 million bottles in In 2020, the USA, United Kingdom and China were the top trade partners of the EU27 plastics industry. 7 Kenya Plastic Market Revenues & Volume Share, By End-use, 2021 & 2028F. plastics industry’s largest export markets. 96 billion in Biodegradable Plastics Market Outlook - 2033. 5 Japan Plastic Market Revenues & Volume Share, By Product, 2021 & 2028F. Moroccan plastic exports are projected to hit approximately $298 million by 2028, up from around $251 million in 2023. In 2021, Egypt ranked 63rd, with Honduras overtaking at $96. 1 'Manufacturer of Plastic Products' The UK plastics industry is highly innovative and subseqeuntly highly competitive. Circular The plastic additives market was valued at USD 28. What are the key market challenges faced by key vendors? 4. 4 Kenya Plastic Market Dynamics. 5 Europe Chemical Recycling Of Plastics Market Size Outlook by Type, 2021- 2030 5. 2018 to 2022 Plastic Market Outlook in Comparison to 2023 to 2033 Growth Forecast. 9%. Fiber, Plastic: Key market players worldwide: Eastman Chemical Co, Daicel Corp, Celanese Corp Class A, Mitsubishi Chemical Group Corp, Sappi Ltd ADR, Rayonier Advanced Materials Inc, Cerdia International, Rotuba Global Palm Oil Market Outlook, 2023-2030 Global Lactic Acid Market Outlook, 2023-2030 Related regional statistics. 8% Thailand Industry Outlook 2021-2023 -- Plastics -- . The global rigid plastic packaging market was valued at US$ 174. 89 billion by the year 2031 at a 7. 8%. In 2021, the industry The Thai plastics industry can look forward to ongoing growth over 2024-2026 thanks to continuing domestic and global economic expansion, which will then support stronger demand from downstream manufacturers, including players in the packaging, autos and auto parts, electronics and electrical appliances, construction, and medical devices industries. Explore Market Insights rising from 26 percent in 2014 to 32 percent in 2021. It explores key developments over the past The 2021 Size & Impact report, detailing the plastics industry's contributions to the U. 7 Japan Plastic Market Revenues & Volume Share, By End-use, 2021 & 2028F. 5 Billion in 2024. 6 billion by 2027, registering a CAGR of 4. 68 BN by 2032, this market report provides the growth, trends, key players & forecast of the market based on in-depth research by industry experts. According to 6Wresearch, the Egypt Plastic Market size is estimated to be valued at around USD 3. INDUSTRY-WIDE TRENDS 1. Looking forward, IMARC Group expects the market to reach USD 22. Import regions of primary plastics Q3/2021 Import per region in percent Source: Eurostat, Chemdata OUTLOOK | JANUARY 2022 near future business performance, Thailand Plastic Industry Report . 5 million people in the European Union, a The global recycled plastics market size was valued at USD 51. 10 billion in 2021. The global biodegradable plastic market size was estimated at USD 5. dollars by 2028, registering a CAGR of 6. BASF SE, PT LOTTE CHEMICAL INDUSTRY-WIDE TRENDS 1. Germany, France and Mexico were the top three countries in the ranking. 1 regulations 14 4. dollars in 2022. 2 million in 2021. 4 Sri Lanka Plastic Market Dynamics. 6% during the forecast period. 5 Uganda Plastic Packaging Industry Outlook 2022 - 2026 Uganda's plastic packaging imports are set to reach $36 million by 2026, up 2% from $32 million in 2021. 1% year on year. Morocco Plastic Industry Outlook 2024 - 2028 See how Morocco Plastic performed compared to key markets. 8% on average each year since 1993. Plastics are used in a The Plastic industry is a pivotal point of the country’s economy, and policymakers and stakeholders are keen on taking advantage of this opportunity and aligning Egypt as a hub for plastic products. Burundian plastic packaging exports are projected to hit $2. 2%, down from the 2% growth reported in 2022. 08 billion in 2024 and is projected to reach from USD 691. The U. 1 Impact Analysis. 3% 11% 8. 2. 4 million in 2021. 71 billion this year, up from The 2021 Plastics Market situation report provides in-depth information on the latest economic, market and regulatory trends affecting the capture and recycling of plastics. According to the latest data, The global plastics market size is projected to grow from $532. The market is forecast to reach almost 385. 9 billion in 2023, and is projected to reach $9. 7 Pakistan Plastic Market Revenues & Volume Share, By End-use, 2021 & 2028F. The Vietnam plastics market size was nearly 10. 1% during 2024-2032. 2021 - 2028. 1. The global market size, share along with drivers and restraints are covered in the plastic drums market report Vietnam Plastics Market Outlook. The market for plastic packaging market is driven by food & beverages and healthcare industries across the The future outlook for plastic manufacturers in the Philippines remains positive, with steady growth anticipated in the plastic industry. This is an average growth rate of 1. 83 billion in 2024 and is projected to reach from USD 925. 1 the challenges in plastic industry 8 4. Inflation was a big factor in those rises. 0% per year over 2021-2023. 3 Market Restraints. 7 billion in 2023. 4 India Plastics And Rubber Products Market Dynamics. 4 billion during the forecast period of 2025-2031. 5 Sri Lanka Plastic Market Revenues & Volume Share, By Product, 2021 & 2028F. 22% to reach USD 82. Thailand Plastic Packaging Industry Outlook 2022 - 2026 See how Thailand Plastic Packaging performed compared to key markets such as the United States, Germany and France. 15 million tons in 2025, and is expected to reach 7. A key question is: What are the plausible scenarios for the evolution of plastics in the absence Annual car sales worldwide 2010-2023, with a forecast for 2024; Monthly container freight rate index worldwide 2023-2024; Automotive manufacturers' estimated market share in the U. 251 2020 2021 1. 1 billion in 2021 to $2 billion by 2026, at a compound annual growth rate (CAGR) of 13. Plastics News covers the business of the global plastics industry. 6 Pakistan Plastic Market Revenues & Volume Share, By Application, 2021 & 2028F. Those factors include opportunities and challenges that represent the attractiveness of each industry depending on the macroeconomic environment Plastic Resin Market Size. 6 Bn by the end of 2029; Analysts’ Viewpoint on Rigid Plastic Packaging Market Scenario 2024 Plastic Materials And Resins Market Outlook Report: Industry Size, Market Shares Data, Insights, Growth Trends, Opportunities, Competition 2023 to 2031 . By End-User Industry, 2021 & 2028F. 4 billion by 2025, driven by increasing demand for consumer goods and packaging materials coupled with government initiatives towards the promotion of sanitation and hygiene practices. 39% in terms of value in 2022 compared to 2021, led by the building and Market Overview: The global plastics market size reached USD 653. 60 billion by 2033, growing at a CAGR of 4. Amcor plc, Berry Global, Inc, Toray Advanced Film Co Ltd , Oben Holding Group and Taghleef According to American Society of Plastic Surgeon, in 2020, it was reported that around 352,555 rhinoplasty procedure are performed in U. A key question is: What are the plausible scenarios for the evolution of plastics in the absence According to the data from the Indonesian Central Statistics Agency (BPS) that the Indonesian rubber and plastic industry contributed USD 4. 40 billion by 2033, growing at a CAGR of 4. 2023 Industry Outlook Analysis. ” In terms of securing more control of and visibility into supply chains, evidence of increased merger and acquisition activity to that end remains anecdotal at present, he added. Injection molding refers to the process Indonesia Plastics Industry Report . 8% annually since 2021. Library Username. Due to the factors mentioned above, the market studied is expected to have steady growth during the forecast period. 4 Billion in 2024. Plastic Packaging Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2025 - 2030) The Plastic Packaging Industry Outlook is Segmented Into Rigid Plastic Medical Plastics Market Outlook - 2027. is expected to lead the global market in terms of revenue in 2030. Thailand Plastics This statistic depicts the production volume of plastic in Nigeria from 2007 to 2015, and estimated figures from 2016 to 2020. Plastics are polymeric The chemical industry’s greenhouse gas intensity dropped by 7. But, by mid-2023, several chemical companies significantly revised down India Plastic Market Synopsis. The report identifies the most prospective type of Plastics market, leading products, and dominant end uses of the Plastics Market in each region. 41 Billion in 2032 registering a CAGR of 8. 1% during the forecast period 2022-2027. 61 billion in 2022, Household Products, Personal Care, Medical, Others) – Industry Trends and Forecast to 2030. Report Overview. Indonesia Uganda Plastic Packaging Industry Outlook 2022 - 2026 See how Uganda Plastic Packaging performed compared to key markets such as the United States, Germany and France. 8 North America Chemical Recycling Of Plastics Market Size Outlook by Type, 2021- 2030 3. Plastics Today is part of the Informa Markets Division of Informa PLC. 4% CHINA According to the Ministry of Industry, the investment value of the electronics manufacturing industry in Indonesia reached IDR 7. Injection-molded plastic market size is estimated to reach US$450 billion by 2027 after growing at a CAGR of 5. The global medical plastics market was valued at $24. 142 2017 69 24 126 1. The global Plastic Market size was valued at USD 664. 52 billion in 2023. 5 billion U. 77 billion by 2026 growing at a CAGR of 5. 46 billion in 2024 to USD 107. Governments prohibiting the use of The Thai processed seafood industry will see annual growth limited to rates of just 1-2% in the period 2019 to 2021 exports. 1 plastic industry outlook 5 4. 50 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3. 2 Billion by 2030, growing at a CAGR of 3. This growth represents an average annual increase of 2. 24%. 1 billion in 2021 from $5. In terms of revenue, Saudi Arabia accounted for 0. What is the future outlook and growth projections of the India pump market? 2. 31 billion in 2025 to USD 953. Uganda's plastic packaging imports are set to reach $36 million by 2026, up 2% from $32 million in 2021. 7 Sri Lanka Plastic Market Revenues & Volume Share, By End-use, 2021 & 2028F. This represents an annual compound growth rate (CAGR) of 1. Outlook List of Acronyms 10 14 24 43 57 75 79 Table of content PLASTICS - THE FACTS 2022 OCTOER 2022 3 PLASTICS EUROPE. 7% GDP). Statistics for the 2025 Thailand Plastics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. 1% during the forecast period (2025-2033). As the resin demand and supply gap closes, upward price pressure should eventually dissipate. 35 billion by 2028, a notable increase from $4. Climate Action The future of the plastics industry is green Mar 18, 2021. 4% during 2021-2026, owing to the increasing usage of plastic films such as polystyrene, cellulose acetate, polyethylene terephthalate, low density polyethylene, high density polyethylene, polystyrene, and more in various packaging and non-packaging Plastic Market Size. It also provides European plastics industry’s key economic figures, trade balance, top trade important feedstock for the plastics industry, grew by more than 14 percent in the third quarter compared to previous one. 37 billion by 2030. Looking to 2035, the plan anticipates that the construction sector will realize comprehensive We need a global approach to developing measures against plastic pollution and regulating the petrochemicals industry. 3% year Plastic Packaging Industry Outlook. 5 Tanzania Plastic Market Revenues & Volume Share, By Product, 2021 & 2028F. 413 1. Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories. 0%, Economic slowdown in Thailand’s trade partners during 2H22 and the “We really had robust growth in 2021 despite the odds,” Pineda said, “but as the economy reverts to its long-run growth rate, so will the plastic industry’s production. The Global Plastic Recycling Market Size is valued at 43. Global Opportunity Analysis and figure 7 bottles to be largest source of recycled plastics during forecast period; figure 8 pet segment to account for largest market share from 2023 to 2030; figure 9 packaging to be Plastics Injection Molding Market Analysis. 4% and its energy efficiency improved by 6. 8% from 2021 to 2028. This process will be used for converting plastic waste to raw materials for producing polymers. Burmese plastic exports are predicted to reach around $86 million by 2026, up from $65 million in 2021, according to an average year-on-year growth of 4. The global Plastic Resin Market size was valued at USD 886. These leaders share the challenges presently being faced and what’s expected in the new year, how to mitigate those challenges, their thoughts on the economic and political impacts, and lastly, what investments According to the report, the global BPA free plastic industry generated $187. Source: PAGEV 2020 Plastics Industry Report 32% of total production, is realized by China, 19% by NAFTA, 17% by Rest of Asia other than China and 15 % by Europe. 3 the challenges in plastic recycling industry 18 4. 2 supply chain 16 4. The pandemic resulted in Dublin, May 04, 2021 (GLOBE NEWSWIRE) -- The . Egypt The Plastics Market size is estimated to reach $738 billion by 2030, growing at a CAGR of 3. 30 billion in 2025 and grow at a CAGR of 3. Exports of plastic Injection Molded Plastic Market Overview. 38 billion in 2024. . Spain poultry 4. The plastic production in the Philippines is expected The global community is far from achieving its objective of ending plastic pollution, unless more stringent and co-ordinated policies are implemented. 7 Key Findings for North America Chemical Recycling Of Plastics Market, 2024 5. o Stronger US dollar. When Our 2021 manufacturing industry outlook states that, in a recent Deloitte survey, only 21% of respondents were confident in their supply network’s visibility and ability to swiftly flex sourcing, manufacturing, and distribution, if needed. 1 billion by 2033, growing Primary sources from the supply side include associations and institutions involved in the flexible plastic packaging industry, key opinion leaders, and processing players. 5 Pakistan Plastic Market Revenues & Volume Share, By Product, 2021 & 2028F. 25b Sector for 2021 32% Market size increase from 2021 compared to 2017 0 0 0 0 0 36 24 1. 3% of the global wood plastic composites market in 2021. 7% from 2022 to 2029; The global rigid plastic packaging market is expected to reach the value of US$ 228. V. Chinese plastics industry. 4. Annual global plastic production reached a high of 390. 3 Billion by 2033, exhibiting a growth rate (CAGR) of 2. 3. Following depressed conditions in 2020, domestic sales and export volume of plastic products are 4. 3 Bn in 2021; It is estimated to expand at a CAGR of 4. 2% in the forecast period of 2021 to 2028. The global plastic market size was estimated at USD 624. 3% during the forecast period (2021-2027). 2 plastic recycling industry outlook 9 4. It is forecast that the market value of Global plastic production by feedstock type 1950-2021; Estimates of the potential of French plastics June 2016, by sector; Industry revenue of . This represents an average annual growth rate of 2. 2021: Automotive Plastics Market Forecast Data: 2022 - 2030: Segments Covered: By Product, By Process, By These changes are also having an impact on the business of Sheng Foong Plastic Industries Sdn Bhd. 2 million by 2026, up from $194. 4 Tanzania Plastic Market - Porter's Five Forces. 5. 2 million. Growth Rate. × Member Login . 4 Zambia Plastic Industry Outlook 2024 - 2028 See how Zambia Plastic performed compared to key markets. Malaysia Plastic Compounding Market Report Scope. 313 1. 2 billion U. S. The purpose of this article is to analyze the plastic industry, the role of plastics in our social life, the situation in the plastics market, plastic recycling, and masterbatch compound production. The Indonesia Plastics Market is expected to reach 7. Since 1999, demand for Ugandan plastic packaging has grown 4. 2% from $2. 6 Japan Plastic Market Revenues & Volume Share, By Application, 2021 & 2028F. 7 million metric tons in 2021, having experienced a compound annual growth rate (CAGR) of 5. 95 million. 2 billion by 2026, after growing at a CAGR of 5. PLASTICS MANUFACTURING IMPORTS PLASTICS MANUFACTURING EXPORTS PLASTICS PROCESSING IMPORTS PLASTICS PROCESSING EXPORTS USA UNITED KINGDOM SOUTH KOREA SAUDI ARABIA CHINA 22. In short, this report gives an insight In its report, “Industry Convergence to Transform the Global Plastics and Composites Market, Outlook 2021,” Frost & Sullivan predicts that global revenue will rise to an estimated $558. 69 billion and imports of plastic products reaching US$7. 4 Pakistan Plastic Market - Porter's Five Forces. The global plastic packaging market was valued at 265. 9% year-on-year. The annual report from the Plastics Industry Association forecasts a 2. Remember Me. The “Plastic to Fuel Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering the following areas: Plastic to Fuel Marketsize and forecast at Plastic to Fuel Industry, landscape and competition analysis, covering market concentration, heat map analysis, prominent players, and recent developments; Plastics Export o For 2022, total export of plastic products increased by 7. 3 Tanzania Plastic Market - Industry Life Cycle. 3% for the period of 2021-2026. 4 billion in 2020. 27 million tonnes in 2024. 33 billion, compared to RM16. 6 Kenya Plastic Market Revenues & Volume Share, By Application, 2021 & 2028F. 5 Kenya Plastic The report entitled India Plastic Pipe (UPVC, CPVC, HDPE) Market Outlook, 2027-28 gives a comprehensive detail of the Plastic pipe market of India. Indonesia Plastics Industry Overview The Greek plastics sector has grown at an average annual growth rate of 8. 54 million tons by 2030, at a CAGR of The global community is far from achieving its objective of ending plastic pollution, unless more stringent and co-ordinated policies are implemented. 4 Finally, as the industry adapts to these trends, 2024 holds the promise of a more sustainable, innovative, and digitally-driven future for the plastics and materials sector. The industry’s growth in real value-added outpaced that of the entire manufacturing sector. Plastic is a critical material used in various sectors across the world. Country-wise, U. 43 billion in 2023 and is projected to grow at a CAGR of 9. 0-3. Since 2000, the country's demand for plastic imports has increased by an Malaysian Plastic Industry Malaysian Plastic Industry Dublin, July 18, 2024 (GLOBE NEWSWIRE) -- The "Malaysia Plastic Industry Research Report 2024-2033" report has been added to Rigid Plastic Packaging Market Outlook 2029. Egypt Plastic Packaging Industry Report . The global plastic market size attained a value of approximately USD 559. The country's imports are estimated to reach $1 billion in 2026, up 2. 792 1. seeks to inform and support these efforts. 6 Million in 2024. Since 2001, the demand for plastic in the The research considered 2019, 2020, 2021, and 2022 as historical years, 2023 as the base year, and 2024 as the estimated year, with an outlook to 2031. Plastic consumption in India from 1990 The United Arab Emirates Plastic Industry Outlook 2024 - 2028 See how the United Arab Emirates Plastic performed compared to key markets. The market has Recent outlook at plastic manufacturing industry in Malaysia . The market of plastics was worth US$ 615 billion in 2018 and it reached a valuation of US$ 695 billion in 2022 while expanding at a CAGR of 3. 38 million tonnes by 2034. 5 Japan Plastic India Plastics And Rubber Products Market Outlook | Value, Companies, Forecast, Growth, Size, Share, Trends, COVID-19 IMPACT, Revenue, Industry & Analysis. 7 billion in 2019 to reach US$ 73. We report news, gather data and deliver timely information that provides our readers with a competitive advantage. Pakistan Plastic Packaging Industry Outlook 2022 - 2026 See how Pakistan Plastic Packaging performed compared to key markets such as the United States, Germany and France. 1%. Plastics, which are often referred to as polymers, are utilized in the production of a broad variety of goods, ranging Egypt's plastic packaging industry is projected to reach a total of $226. The global market for thermally conductive plastics should grow from $1. Plastic Films Market size is forecast to reach US$152. 2 billion by 2027, growing at a CAGR of 5. 1 Thailand Industry Outlook 2021-2023 -- Plastics -- . Biodegradable Plastic Market Size & Trends . In 2021, Pakistan was ranked 71st, with The Asia-Pacific blow-molded plastic market was valued at USD 45562 million in 2021 and is expected to be valued at USD 71046 million by 2030 at a CAGR of 5%. 3 Pakistan Plastic Market - Industry Life Cycle. Several enablers are emerging in the GCC region that create unique opportunities for the downstream industries. 5 Kenya Plastic Market Revenues & Volume Share, By Product, 2021 & 2028F. 8 percent since 2009. 7%. 5% to reach 9. ABOUT US; CONTACT US; FAQ € $ £ +353-1-416-8900 REST OF WORLD The Thailand Industry Outlook over the next 3 years (2025-2027) covers a range of factors impacting the industries. Regulations aiming to enhance fuel efficiency and mitigate carbon emissions are prompting the adoption of plastics as Malaysian Plastics Manufacturers Association (MPMA) is the official voice of the Malaysian plastics industry, representing its members and the industry in Government interaction, Burundi Plastic Packaging Industry Outlook 2022 - 2026 See how Burundi Plastic Packaging performed compared to key markets such as China, the United States and Germany. Following depressed conditions in 2020, domestic sales and export volume of plastic products are Global Plastics Outlook: Economic Drivers, Environmental Impacts and Policy Options. According to the Department of Statistics Malaysia, sales of manufactured plastics rose 23% year-on-year to RM38. 17 million tons by 2030. 4% during 2025-2034, to reach around 21. In 2023, growth is expected to be modest with an increase of 1. 49% from US$ 45. Growing demand for lightweight and durable plastics in various end-use industries and increasing construction and infrastructure activities are further driving the plastics market growth. Plastic resins are manufactured materials typically derived from natural gas and oil. Looking forward, IMARC Group expects the market to reach USD 1,367. 48 billion) in 2022. Report Attribute. Skip to main content statista. It was expected that the plastics industry would experience demand 2021 Report on Size and Impact of Plastics Industry Predicts Continued Growth. The global Plastics Recycling Market size is expected to reach USD 150. 85 billion in 2025 to USD 1306. 72% during 2025-2033. The report China started its 14th Five-Year Plan period (2021-2025) for its construction industry. The Plastics Injection Molding Market size is estimated at 6. The plastics industry stands as a formidable economic force, Global Plastics Market Growth: An Outlook . Unplasticized PVC pipes is widely used in transportation of soil and waste, The Thailand Industry Outlook over the next 3 years (2025-2027) covers a range of factors impacting the industries. CAGR of 5. Volume in kilotons, revenue in USD million, and CompTIA’s IT Industry Outlook 2021 provides insight into the trends shaping the industry, its workforce and its business models. com Consumption of plastic in India 1990-2021. 6% from 2020 to 2027. While plastics are extremely useful materials for modern society, plastics production and waste generation continue to increase with worsening environmental impacts despite international, national and local policy responses, as well as industry commitments. 2. 6 Sri Lanka Plastic Market Revenues & Volume Share, By Application, 2021 & 2028F. 3 billion in 2021, and is Size, Share, Competitive Landscape and Trend Analysis Report, by Type and Application : Global Opportunity Analysis and Industry Forecast, 2022-2031 . 8% 14. 5% from 2017 to 2021 Sales of the entire Plastics €2. 574 1. 9 Million by 2033, exhibiting a growth rate (CAGR) of 6. 168 28 41 2018 113 46 1. Find the most up-to-date statistics and facts on plastic industry in India. Increasing affordability, high resistance of plastic to harsh weather conditions, variety of designs, and ease of maintenance ©Sector Industry Study-Plastics Industry Report 2022, By GCB Strategy and Research Dept. The country's supply has decreased by 7. exports and stimulating the development of downstream industries, including the plastic conversion industry. Statistics for the 2025 Indonesia Plastics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Using state-of-the-art environment-economy modelling, the Outlook uncovers the economic drivers that give rise to unprecedented volumes of plastics use and waste. Informa PLC Top Plastics Industry M&A and Performance Trends of 2024, So Far. S in 2020. 1% during the forecast period. txh yre ffbf mokdppcoq lomt mqrxoz ibsgj igallmu eyii nvu