Learn about the global plastic resins market through The Business Research Company, which provides information on plastic resins market size, plastic resins market drivers and restraints, plastic resins market players, the COVID-19 impact on the plastic resins market, and more.

The global plastic resins market size is expected to grow from $645.93 billion in 2021 to $672.14 billion in 2022 at a compound annual growth rate (CAGR) of 4.1%. The plastic resin market size is expected to grow to $796.84 billion in 2026 at a CAGR of 4.3%.

The rise in the demand for lightweight materials in the automotive and aviation industries is driving the plastic resins market.

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The plastic resins market consists of sales of plastic resins by entities (organizations, sole traders, and partnerships) that are used for making different varieties of plastic products. Plastic resins are the base for all kinds of plastics, they are made to go through different processes, be transformed, and make fit for specific needs. They are mostly utilized by the electrical, and automotive industries for packaging and manufacturing of various parts.

Global Plastic Resins Market Segments Include:
By Product: Crystalline, Non-Crystalline, Engineering Plastic, Super Engineering Plastic

By Resin Type: Polyethylene, Polyvinyl Chloride, Acrylonitrile Butadiene Styrene, Polycarbonate, Polystyrene, Polymethyl Methacrylate, Polybutylene Terephthalate

By Application: Packaging, Automotive, Construction, Electrical and Electronics, Logistics, Textiles and Clothing, Furniture and Bedding, Medical Device

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific was the largest region in the plastic resins market in 2021.

Recycled plastic resin are shaping the plastic resins market. Companies in the plastic resins market are focusing on developing recycled plastic resins to help their customers in manufacturing sustainable products and hence, expand their market share.

TBRC’s plastic resins market report covers:

Major Market Players: BASF SE, Saudi Basic Industries Corporation, Dow Inc., Evonik Industries AG, Sumitomo Chemical Co. Ltd, Arkema S.A., Celanese Corporation, Eastman Chemical Company, Chevron Phillips Chemical Co. LLC, Lotte Chemical Corporation, Covestro AG, Toray Industries Inc., Teijin Ltd., Exxon Mobil Corporation, and Mitsui and Co. Plastics Ltd.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Plastic Resins Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides plastic resins market overviews, analyzes and forecasts market size, share, plastic resins market players, plastic resins market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s plastic resins market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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