Plastic Resin Market Scope
A new report titled “Plastic Resin Market Professional Report 2021-2030” has been added by Straits Research to its repository of research reports. The report analyzes and estimates the Plastic Resin market on global, regional, and country levels. The report offers data from previous years and an in-depth analysis based on the revenue.
The global plastic resin market size was worth USD 745 billion in 2021. It is expected to reach USD 1,104 billion in 2030, growing at a CAGR of 4.5% during the forecast period (2022–2030).
While studying the global market for Plastic Resin, the report also thoroughly analyzes the driving factors, development trends, restraints, challenges, and lucrative challenges to showcase the current and future market scenario. Straits Research has provided a comprehensive report that consists of the key market strategies based on the latest technologies, applications, and different geographies around the world. The market is expected to show significant growth over the forecast period due to the increasing demand for Plastic Resin Industry.
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Competitive Analysis
BASF SE, SABIC, Dow Inc, DuPont, Evonik Industries, Sumitomo Chemical Co., Ltd, Arkema, LyondellBasell Industries Holdings B.V., Celanese Corporation, Eastman Chemical Company, Exxon Mobil Corporation, Formosa Plastics Corporation, Covestro, Toray Industries Inc, Mitsui, Co. Plastics Ltd., and Teijin Limited
These key players have adopted organic and inorganic growth strategies, including new product launches and developments, joint ventures, partnerships, research and development (RD) activities, agreements, contracts, collaborations, and mergers acquisitions (MA) to strengthen their position in the market.
Plastic Resin Market Segmentation
By Product Crystalline Non-Crystalline Engineering Plastics Super Engineering Plastics By Application Packaging Automotive Construction Electrical and Electronics Logistics Consumer Goods Textiles and Clothing Furniture and Bedding Agriculture Medical Devices Others
This report forecasts revenue growth at the global, regional, and local levels. It analyzes the most recent industry trends from 2021 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
- North America (U.S., Canada)
- Europe (U.K., Germany, France, Italy)
- Asia Pacific (China, India, Japan, Singapore, Malaysia)
- Latin America (Brazil, Mexico)
- Middle East Africa
Study Objectives of Plastic Resin Market:
- To provide an in-depth analysis of the overall structure of the market along with the forecast of the various segments and sub-segments of the Plastic Resin Market.
- To provide insights about the factors influencing the growth of the market.
- To study the Plastic Resin Market analysis on the basis of porter’s five forces analysis, SWOT, and pestel analysis.
- To provide historical data and forecast revenue of the market segments and their sub-segments regarding regional distribution, including North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
- To provide a detailed country-level analysis of the global industry to determine the current Plastic Resin market size and the future prospective.
- To provide a comprehensive analysis of the market for segments by product type, the technology used, end-users, applications, and region.
- To strategically profile the leading players functioning in the Plastic Resin Market, comprehensively analyze their core competencies, and frame a competitive advantage.
- To identify and study the key developments such as new product launches, mergers acquisitions (MA), joint ventures, research and development (RD) activities, and strategic alliances in the Plastic Resin Market.
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Other features of the report:
- Gives a thorough analysis of the key strategies with a focus on the corporate structure, RD methods, localization strategies, production capabilities, sales, and performance in various companies.
- Provides valuable insights into the product portfolio, including product planning, development, and positioning.
- Analyses the role of key market players and their partnerships, mergers, and acquisitions.
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