Global Commodity Plastics Market – Industry Trends and Forecast to 2025


Global Commodity Plastics Market, By Product type (Polyethylene, Polyvinyl Chloride, Polystyrene, Polypropylene, polymethyl methacrylate), Application (Packaging, automotive, electronics, consumer goods, construction, textile, medical & pharmaceutical and others), Geography (North America, Europe, Asia-Pacific, Middle East and Africa) Industry Trends and Forecast to 2025 
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A Commodity Plastic is the types of plastics that are used in a wide variety of applications and have day to day usage. Most of the commodity plastics has billions of applications, including packaging, electronics, automobiles and healthcare. Most commonly commodity plastics resins are transformed into sheets & films for further use. Some plastics such as polyethylene terephthalate (PET) are directly molded in bottles and other forms.
Global commodity plastic market is expected to register a healthy CAGR of 4.3% in the forecast period of 2018 to 2025.
Segmentation: Global Commodity Plastics Market
The Commodity plastic market is segmented into three notable segments such as Product type, Application and Geography
On the basis of product type, the market is segmented into polyethylene (PE), polyvinyl chloride (PVC), polystyrene (PS), polypropylene (PP), polymethyl methacrylate (PMMA), and others. Polyethylene is further sub-segmented into HDPE, LDPE, LLDPE, UHMW, and polyethylene terephthalate (PET). Polyvinyl chloride (PVC) is further segmented into rigid PVC and flexible PVC. Polypropylene (PP) is further segmented into polypropylene homo-polymers (PPH) and polypropylene co-polymers (PPC).

Competitive Analysis:
 Global Commodity Plastics MarketSome of the prominent participants operating in this market are Exxon Mobil, Sinopec Corporation, Chevron Phillips Chemical Company, Basf SE, DowDuPont, Lyondellbasell Industries Holdings B.V., Borealis AG, Braskem, Eni S.P.A, Formosa Plastics Corporation, Gas Authority of India Limited(GAIL), Hanwha Co. Ltd, Indian Oil Corporation, Ineos, LG Chem, Ltd., Lotte Chemical, Mitsubishi Chemical Corporation, Nova Chemicals Corporation, PTT Global Chemical Public Company Limited, Qatar Petroleum, Qenos Pty Ltd, Reliance Industries Limited, Sabic, Sumitomo Chemical Company Limited, Westlake Chemical Corporation among others.
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