Precedence Research recently published a report on “Industrial Plastic Market By Product (Acrylonitrile Butadiene Styrene, Polyphenylene Ether, Polybutylene Terephthalate, Polyamide, PEEK, Polysulfone, Liquid Crystal Polymers, Polyphenylsulfone, Polytetrafluoroethylene, Polyetherimide, Polycarbonate and Others; By Application: Building & Construction, Packaging, Electrical & Electronics, Healthcare, Automotive & Transportation, Aerospace and Others) – Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 – 2027”. Amid the COVID-19 crisis, The global industrial plastic market size is projected to reach USD 109.20 billion by 2027 from an estimated USD 74.48 billion in 2019, at a CAGR of 4.9% from 2020 – 2027.
The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2016 to 2027. This research report evaluates industrial plastic market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global industrial plastic market for the period from 2016 to 2027. This research study offers historic data for years 2016 to 2019 along with a forecast from 2020 to 2027 based on value.
Industrial plastic is a synthetic compound that are largely used in the various industrial applications that include automotive, packaging, electronics & electrical, construction, healthcare, aerospace & defense, and many other industries. Advanced properties offered by these plastics such as moldability, high tensile strength, and excellent mechanical properties makes them favorable for the industrial applications. Some of the industrial plastics are categorized as Acrylonitrile Butadiene Styrene (ABS), Polyphenylene Ether, Polybutylene Terephthalate (PBT), Polyamide, PEEK, Polysulfone (PSU), Liquid Crystal Polymers, Polyphenylsulfone (PPSU), Polytetrafluoroethylene (PTFE), Polyetherimide, and Polycarbonate.
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Growth Factors
Increasing application of plastic materials in packaging, construction, healthcare, transportation, electronics, and many other industries expected to propel the demand for the product over the coming years. Changing purchasing trend from offline to online along with eating habits have prominently triggered the growth of packaging industry over the recent past and expected to influence the market growth as well in the near future. Further, increasing innovations in the electronics & electrical industry has opened up new horizons for the plastic manufacturers to gain significant foothold in the end-use sector.
Apart from the sluggish growth of automotive industry, growing emphasis towards lighter vehicles and electric cars projected to provide new opportunities to the industrial plastic manufacturers over the coming years. Strict regulatory policies by the governments of several regions have further favored the industry growth for industrial plastics.
Scope of the Study
This industrial plastic market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Report Highlights
Regional Snapshots
The Asia Pacific is the major market for industrial plastics across the globe and anticipated to retain its dominant position over the forthcoming years. Shifting manufacturing bases of several industries owing to reduced cost of raw material and labor that further reduces the overall production cost and increases the profit ratio to the manufacturers expected to be a major factor that propels the market growth in the region. Further, rising demand for personal transportation system due to rise in the disposable income and purchasing power of the consumer predicted to further drive the market for the Asia Pacific.
Europe market witnesses a slow growth over the past timeframe and expected to recover its growth in the coming years. Stringent emission norms for the industries particularly for the chemical industry expected to be the major factors restricts the market growth in the region. However, significant demand from the automotive industry as a substitute of heavy components is likely to further prosper the market growth in the region.
On the contrary, recent outbreak of COVID-19 in the staring of 2020 anticipated to hinder the product demand primarily in electrical & electronics, automotive, construction, and consumer goods applications. The outbreak has further resulted in the restrictions on supply & transport, halt or slowdown in manufacturing processes, and infrastructure slowdown that expected to have a negative impact on the demand for industrial plastics in the coming years.
Related Reports
Key Players:
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the industrial plastic market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the industrial plastic market include:
Segments Covered in the Report
By Product
By Application
By Regional Outlook
Key Points Covered in industrial plastic market Study:
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Industrial Plastic Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Industrial Plastic Market
5.1. Covid-19: Industrial Plastic Industry Impact
5.2. Industrial Plastic Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Industrial Plastic Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Industrial Plastic Manufacturers to deal with Covid-19 Pandemic Scenario
Chapter 6. Industrial Plastic Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Significant Demand of Plastic as an Alternative of Glass and Metal
6.1.2. Market Restraints
6.1.2.1. Volatile Prices of Raw Materials
6.1.3. Market Opportunities
6.1.3.1. Increasing Demand from Various End-use Industries
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Global Industrial Plastic Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Industrial Plastic Market Revenue by Manufacturer (2015-2020)
7.1.1.2. Industrial Plastic Market Revenue Market Share by Manufacturer (2015-2020)
7.1.1.3. Industrial Plastic Market Production by Manufacturer (2015-2020)
7.1.1.4. Industrial Plastic Market Production Market Share by Manufacturer (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Capacity Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Manufacturers Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Industrial Plastic Market, By Product
8.1. Industrial Plastic Market, by Product, 2016-2027
8.1.1. Acrylonitrile Butadiene Styrene (ABS)
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.1.2. Market Production and Forecast (2016-2027)
8.1.2. Polyphenylene Ether
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.2.2. Market Production and Forecast (2016-2027)
8.1.3. Polybutylene Terephthalate (PBT)
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.3.2. Market Production and Forecast (2016-2027)
8.1.4. Polyamide
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.4.2. Market Production and Forecast (2016-2027)
8.1.5. PEEK
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.5.2. Market Production and Forecast (2016-2027)
8.1.6. Polysulfone (PSU)
8.1.6.1. Market Revenue and Forecast (2016-2027)
8.1.6.2. Market Production and Forecast (2016-2027)
8.1.7. Liquid Crystal Polymers
8.1.7.1. Market Revenue and Forecast (2016-2027)
8.1.7.2. Market Production and Forecast (2016-2027)
8.1.8. Polyphenylsulfone (PPSU)
8.1.8.1. Market Revenue and Forecast (2016-2027)
8.1.8.2. Market Production and Forecast (2016-2027)
8.1.9. Polytetrafluoroethylene (PTFE)
8.1.9.1. Market Revenue and Forecast (2016-2027)
8.1.9.2. Market Production and Forecast (2016-2027)
8.1.10. Polyetherimide
8.1.10.1. Market Revenue and Forecast (2016-2027)
8.1.10.2. Market Production and Forecast (2016-2027)
8.1.11. Polycarbonate
8.1.11.1. Market Revenue and Forecast (2016-2027)
8.1.11.2. Market Production and Forecast (2016-2027)
8.1.12. Others
8.1.12.1. Market Revenue and Forecast (2016-2027)
8.1.12.2. Market Production and Forecast (2016-2027)
Chapter 9. Global Industrial Plastic Market, By Application
9.1. Industrial Plastic Market, by Application, 2016-2027
9.1.1. Building & Construction
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.1.2. Market Consumption and Forecast (2016-2027)
9.1.2. Packaging
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.2.2. Market Consumption and Forecast (2016-2027)
9.1.3. Electrical & Electronics
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.3.2. Market Consumption and Forecast (2016-2027)
9.1.4. Healthcare
9.1.4.1. Market Revenue and Forecast (2016-2027)
9.1.4.2. Market Consumption and Forecast (2016-2027)
9.1.5. Automotive & Transportation
9.1.5.1. Market Revenue and Forecast (2016-2027)
9.1.5.2. Market Consumption and Forecast (2016-2027)
9.1.6. Aerospace
9.1.6.1. Market Revenue and Forecast (2016-2027)
9.1.6.2. Market Consumption and Forecast (2016-2027)
9.1.7. Others
9.1.7.1. Market Revenue and Forecast (2016-2027)
9.1.7.2. Market Consumption and Forecast (2016-2027)
Chapter 10. Global Industrial Plastic Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Production Forecast by Product (2016-2027)
10.1.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.1.3. U.S
10.1.3.1. Market Revenue and Production Forecast (2016-2027)
10.1.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.1.4. Canada
10.1.4.1. Market Revenue and Production Forecast (2016-2027)
10.1.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Production Forecast by Product (2016-2027)
10.2.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.2.3. UK
10.2.3.1. Market Revenue and Production Forecast (2016-2027)
10.2.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.4. Germany
10.2.4.1. Market Revenue and Production Forecast (2016-2027)
10.2.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.5. France
10.2.5.1. Market Revenue and Production Forecast (2016-2027)
10.2.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.2.6. Rest of EU
10.2.6.1. Market Revenue and Production Forecast (2016-2027)
10.2.6.2. Market Revenue and Consumption Forecast (2016-2027)
10.3. Asia Pacific (APAC)
10.3.1. Market Revenue and Production Forecast by Product (2016-2027)
10.3.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.3.3. China
10.3.3.1. Market Revenue and Production Forecast (2016-2027)
10.3.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Production Forecast (2016-2027)
10.3.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.5. Japan
10.3.5.1. Market Revenue and Production Forecast (2016-2027)
10.3.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Production Forecast (2016-2027)
10.3.6.2. Market Revenue and Consumption Forecast (2016-2027)
10.4. LATAM
10.4.1. Market Revenue and Production Forecast by Product (2016-2027)
10.4.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.4.3. Brazil
10.4.3.1. Market Revenue and Production Forecast (2016-2027)
10.4.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.4.4. Rest of LATAM
10.4.4.1. Market Revenue and Production Forecast (2016-2027)
10.4.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.5. Middle East and Africa (MEA)
10.5.1. Market Revenue and Production Forecast by Product (2016-2027)
10.5.2. Market Revenue and Consumption Forecast by Application (2016-2027)
10.5.3. GCC
10.5.3.1. Market Revenue and Production Forecast (2016-2027)
10.5.3.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.4. North Africa
10.5.4.1. Market Revenue and Production Forecast (2016-2027)
10.5.4.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.5. South Africa
10.5.5.1. Market Revenue and Production Forecast (2016-2027)
10.5.5.2. Market Revenue and Consumption Forecast (2016-2027)
10.5.6. Rest of MEA
10.5.6.1. Market Revenue and Production Forecast (2016-2027)
10.5.6.2. Market Revenue and Consumption Forecast (2016-2027)
Chapter 11. Company Profiles
11.1. SABIC
11.1.1. Company Overview, Business Information, Regional Presence
11.1.2. Product Portfolio Analysis
11.1.2.1. Product Details, Specification, Application
11.1.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.1.4. Recent Developments and Strategies
11.2. BASF SE
11.2.1. Company Overview, Business Information, Regional Presence
11.2.2. Product Portfolio Analysis
11.2.2.1. Product Details, Specification, Application
11.2.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.2.4. Recent Developments and Strategies
11.3. Victrex Plc
11.3.1. Company Overview, Business Information, Regional Presence
11.3.2. Product Portfolio Analysis
11.3.2.1. Product Details, Specification, Application
11.3.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.3.4. Recent Developments and Strategies
11.4. Evonik Industries AG
11.4.1. Company Overview, Business Information, Regional Presence
11.4.2. Product Portfolio Analysis
11.4.2.1. Product Details, Specification, Application
11.4.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.4.4. Recent Developments and Strategies
11.5. EnsingerGmbh
11.5.1. Company Overview, Business Information, Regional Presence
11.5.2. Product Portfolio Analysis
11.5.2.1. Product Details, Specification, Application
11.5.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.5.4. Recent Developments and Strategies
11.6. Lyondellbasell Industries Holdings B.V.
11.6.1. Company Overview, Business Information, Regional Presence
11.6.2. Product Portfolio Analysis
11.6.2.1. Product Details, Specification, Application
11.6.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.6.4. Recent Developments and Strategies
11.7. Eastman Chemical Company
11.7.1. Company Overview, Business Information, Regional Presence
11.7.2. Product Portfolio Analysis
11.7.2.1. Product Details, Specification, Application
11.7.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.7.4. Recent Developments and Strategies
11.8. Arkema S.A.
11.8.1. Company Overview, Business Information, Regional Presence
11.8.2. Product Portfolio Analysis
11.8.2.1. Product Details, Specification, Application
11.8.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.8.4. Recent Developments and Strategies
11.9. Solvay S.A.
11.9.1. Company Overview, Business Information, Regional Presence
11.9.2. Product Portfolio Analysis
11.9.2.1. Product Details, Specification, Application
11.9.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.9.4. Recent Developments and Strategies
11.10. Teijin Limited
11.10.1. Company Overview, Business Information, Regional Presence
11.10.2. Product Portfolio Analysis
11.10.2.1. Product Details, Specification, Application
11.10.3. Revenue, Production Capacity, Price, and Gross Margin (2015-2020)
11.10.4. Recent Developments and Strategies
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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