Plastics and Polymers Global Market Briefing 2018
Including: Nylon, Polyester and Synthetic Fibers, Polyethylene, Polypropylene, Polyurethane, Rubber, Bioplastics, Expandable Polystyrene, Polystyrene, Polycarbonate, ABS
Covering: DowDupont Inc., LyondellBasell Industries N.V., Saudi Basic Industries Corporation (SABIC), Covestro AG, LG Chem
The Business Research Company’s reports are based on the methodology below.
Our datasets are created using a wide range of proprietary and public sources including leading government bodies, associations, trade journals, market intelligence reports and trade magazines. Data is modelled based on hard data, extrapolation, regression analysis based on known macro data inputs, interpolation between hard figures, comparisons with other geographies and markets, price estimations, and qualitative inputs. Data is triangulated within our unique market data model covering an exhaustive list of 200+ markets across 12 countries and 5 regions. Comparable data is used for sanity check and trend analysis. For example our global market value data is compared to unit sales and price data for the relevant market as well as relevant macro-economic datasets in order to establish validity.
Market value is defined as the revenues earned by organizations for products and services within the specified market. The break down by geography is revenue generated within the specific industry by organizations in the specified geography, irrespective of where they are produced.
Competitor Market Share Data
The competitor market share data is intended to represent the companies that gain the most revenues from the given market and the percentage share of the market that they hold. If a company derives most of its revenues from the market, its revenues are given in full. If a large part of the company's revenues come from other markets, only the division of the company which operates in this market is included. Where accurate information is not available on the revenues a company generates from the market its market share is not included, however a profile of the company may still be included if it is a significant competitor in the market.
Analysis is drawn from our Consultants’ wide range of industry and research experience as well as public and proprietary sources. Consultants are trained in research techniques and ethics by the Market Research Society.
Verification Through Expert Interviews
Every year The Business Research Company carries out thousands of interviews with senior executives and industry experts across hundreds of markets. Through these interviews we develop our internal understanding of markets and geographies and cross reference our understanding of global markets with expert feedback utilizing ‘Delphic’ research methodologies.
The Business Research Company prides itself on the quality and validity of its data and analysis. Our unique ‘end noted’ referencing approach allows the user to trace our market numbers and analysis back to the specific data sources they were derived from.
Polymers & plastics are some of the most important and most widely used chemical products in industry and consumer markets. Polymers /plastics are produced by chemically linking one or more “link” chemicals to produce long chains of strongly connected chemicals called polymers. They are used for manufacturing consumer products, such as coatings, lubricants, consumer goods, aerospace, building materials etc. Polymers and plastics are being used as an alternative to traditional metal or mineral based products due to their cost-effectiveness, high performance and low weight.
Asia-Pacific was the largest region in the plastics and polymers market in 2017, accounting for 38.3% share in the market. This was because of the packaging industry (which accounts for about 40% of plastics consumption) is concentrated in Asia-Pacific., Asia-Pacific’s packaging industry accounts for about 40% of global packaging industry, which results in a large market size.
Western Europe was the second largest region in the plastics and polymers market in 2017, accounting for 21.2% share in the market. This can be attributed to high levels of consumer awareness and maturity in the region, which allows polymers to be used extensively in daily use products such as waste bags and loose-fill packaging materials.
Middle East was the smallest region in the plastics and polymers market in 2017, accounting for 4.0% share in the market.
Rising Preference for Bio based Plastics
The bio based plastic is gaining prominence among the users and manufacturers recently. Bio based plastics have a very high degree of recyclable potential and are made from renewable or non-petroleum raw materials. Cost optimization are made up of driving the demand for bio based plastics. Industries such as the packaging industry has been leading the adoption of the bio-based plastics for processed food packaging. For instance, Coca-Cola, a global beverages brand has started to pack its products in 100% bioplastic and aims to achieve a complete switchover by 2020. On a global scale, the bioplastics production is expected to more than double between 2017 and 2019. While 3.4 million tonnes was produced in 2017, the production in 2019 is forecasted to be 7.8 million tonnes.
- Table 1 : Global Chemical Markets Peer Analysis, 2013-2021
- Table 2 : Global Plastics and Polymers Market, Historic Market Size, 2013-2017
- Table 3 : Global Plastics and Polymers Market, Forecast Market Size, 2017 – 2021
- Table 4 : Global Plastics and Polymers Market, Split By Region, 2017
- Table 5 : Global Plastics and Polymers Market, Historic And Forecast Growth Rate, By Region, 2013-2021
- Table 6 : Global Plastics and Polymers Market, Split By Country, 2017
- Table 7 : Global Plastics and Polymers Market, Historic And Forecast Growth Rate, By Country, 2013-2021
- Table 8 : Global Plastics and Polymers Market, 2017, Key Competitor Estimated Market Shares, 2017
- Figure 1 : Global Chemical Markets Peer Analysis, 2013-2021
- Figure 2 : Global Plastics and Polymers Market, Historic Market Size, 2013-2017
- Figure 3 : Global Plastics and Polymers Market, Forecast Market Size, 2017 – 2021
- Figure 4 : Global Plastics and Polymers Market, Split By Region, 2017
- Figure 5 : Global Plastics and Polymers Market, Historic And Forecast Growth Rate, By Region, 2013-2021
- Figure 6 : Global Plastics and Polymers Market, Split By Country, 2017
- Figure 7 : Global Plastics and Polymers Market, Historic And Forecast Growth Rate, By Country, 2013-2021
- Figure 8 : Global Plastics and Polymers Market, 2017, Key Competitor Estimated Market Shares, 2017
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