Plastic Market - North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2023-2027

Published: Feb 2023

Pages: 188

SKU: IRTNTR71180

Snapshot

Plastic Market Forecast 2023-2027

The plastic market is estimated to grow by USD 214.81 billion at a CAGR of 6.27% between 2022 and 2027. The market's growth hinges on various factors, notably the rising demand for packaging materials across diverse industries, particularly from emerging economies. Additionally, the versatility of plastics in various applications contributes significantly to market expansion. The increasing adoption in sectors such as food and beverage, healthcare, and consumer goods underscores its widespread utility. Moreover, the growing emphasis on sustainable packaging solutions further propels the market forward, with biodegradable and recyclable plastics gaining traction. These trends reflect a broader shift towards eco-friendly practices and materials, driven by environmental concerns and regulatory pressures. As such, the market is poised for continued growth, driven by evolving consumer preferences and industry dynamics.

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Market During the Forecast Period?

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Market Segmentation

This report extensively covers market segmentation by technique (injection molding, blow molding, roto molding, casting, and others), end-user (packaging, consumer goods, automotive, electrical and electronics, and others), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

Market Dynamics and Customer Landscape

The market encompasses a wide range of materials, including Glass, Metals, Wood, Natural rubber, and various types of Plastics and Plastic resins. Among these, Polystyrene (PS), Polyethylene (PE), Polypropylene (PP), Polybutylene terephthalate (PBT), Polyphenylene oxide (PPO), Polyurethane (PU), Polyvinyl chloride (PVC), Polyethylene terephthalate (PET), and others play significant roles. Consumer spending on these materials is substantial, with individual vehicles and construction activities being major contributors. Plastic compounding is a crucial process in the production of various plastic types, and PET is a key player in the packaging sector, particularly in the form of bottles. Lightweight plastics, such as PET, have gained popularity due to their strength and low weight, making them ideal for automobile manufacturing. Alternatives to traditional materials like glass and metals are increasingly being sought after in various industries, further driving the demand. In summary, the market is a dynamic and diverse industry, with various materials, including PET, PE, PP, PBT, PPO, PU, PVC, and PET, playing essential roles in consumer spending, automobile manufacturing, construction activities, and the packaging sector. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The diverse applications of plastics are notably driving market growth. The demand for packaging surged in industries such as healthcare, consumer goods, and construction. This was due to increased consumption of daily staples and medical equipment, which led to a higher need for flexible plastic packaging. The shift to e-commerce and grocery delivery also contributed to the growth, as packaging offers a low-cost solution for protecting and transporting goods. Overall, the market has shown resilience and adaptability in response to changing consumer behaviors and industry demands. Hence, such wide applications are one of the major factors that are expected to drive the growth of the global market during the forecast period.

Significant Market Trend

The growing recycling techniques are an emerging trend in market growth. The market is facing a significant challenge with the annual leakage of approximately 8 million tons into the ocean, a figure projected to reach two tons per minute by 2030 and four tons per minute by 2050. This environmental concern has prompted manufacturers to innovate, with BASF SE introducing PuriCycle in July 2022. This new line of products includes advanced catalysts and adsorbents designed to purify pyrolysis feeds from complex waste plastics, enabling the downstream processing of circular plastic streams at a potentially lower cost. Hence, these factors are expected to drive the growth of the global market during the forecast period.

Major Market Challenge

Stringent regulations over usage of plastics are major challenges impeding the market. In the US, the Food and Drug Administration (FDA) strictly regulates the use in food-contact packaging to ensure safety. Approval from the FDA is mandatory before these materials can be marketed. In contrast, the European Union's Single-Use Plastics Directive (SUPD), effective in 2021, aims to minimize plastic pollution. It prohibits certain single-use plastic items, including expanded polystyrene (EPS) food containers and cups, from the market due to environmental concerns. Despite regulations, plastics remain popular due to their low cost. Thus, the disposal of plastic and its impact on land and water pollution can become a major challenge for the growth of the global market during the forecast period.

Key Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Chevron Phillips Chemical Co. LLC - The company offers a wide range of chemicals, including aromatics, drilling specialties, olefins, polyethylene, specialty chemicals, and others. The key offerings of the company include plastic solutions.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

By Technique

The market share growth by the injection molding segment will be significant during the forecast period. The market encompasses a wide range of applications, from heavy substances in automobile manufacturing to lightweight plastics in various industries. Petrochemical prices and crude oil prices significantly impact the production of raw materials, such as plastic polymers, used in injection molding machines to create automotive parts, medical devices, containers, and more. Injection molding is a versatile process used to manufacture various products, including automotive components, microtubes, nozzles, emission pipes, and plastic films. Moisture loss and soil temperature are crucial factors affecting yields in agriculture and building insulations.

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The injection molding segment was valued at USD 208.17 billion in 2017. Automotive manufacturers relies heavily on these materials for producing fuel-efficient parts, such as drippers, nozzles, and emission pipes, while insulation properties are essential for refrigeration and building insulations. Environmental concerns continue to drive innovation in technologies, leading to advancements in heat transfers, vacuum forming, and thermoforming. The packaging industry utilizes various processing techniques, including blow molding for hollow plastic parts, thermoplastic sheet for pressure forming, and injection molding for creating containers. These films are used extensively for packaging and moisture barrier applications. Injection molding machines use molds to create complex shapes, such as automobile parts, while thermoforming and vacuum forming are used for producing large, hollow parts, like containers and tubes. The market continues to evolve, offering numerous solutions for various industries and applications. Thus, the growing use of injection molding in manufacturing products will drive the growth of the segment in the global market during the forecast period.

By Region

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APAC is estimated to contribute 47% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The automobile industry in both India and China has seen significant growth, with China selling approximately 20 million automobiles and India selling around 3 million in 2020. This expansion has led to an increased demand for lightweight plastics as substitutes for heavy substances like aluminum and steel. The use of these in automotive manufacturing is influenced by petrochemical and crude oil prices, making plastic a cost-effective alternative for raw materials. These polymers have become essential in automotive applications due to their insulation properties, which contribute to improved fuel efficiency and vehicle weight reduction. They are also used in various automobile parts, such as drippers, microtubes, nozzles, emission pipes, and plastic films. In the context of environmental concerns, plastic materials offer advantages like moisture loss prevention and temperature control in refrigeration and building insulations. However, the production and disposal of plastic raise concerns regarding heat transfers and sustainability. These materials are used extensively in various industries, including automotive, medical devices, packaging, and containers. Techniques like injection molding, thermoforming, and blow molding are employed to create various plastic parts, such as molds, tubes, cans, and hollow plastic parts. Thus, the demand is expected to increase in the region during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Technique Outlook
- Injection molding
- Blow molding
- Roto molding
- Casting
- Others

End-user Outlook
- Packaging
- Consumer goods
- Automotive
- Electrical and electronics
- Others

Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa
- South America
  - Chile
  - Brazil
  - Argentina

Market Analyst Overview

In the realm of business, the Plastic industry holds a significant position in the market. Polyethylene, Polypropylene, Polystyrene, and Polyvinyl Chaloride are some of the essential types of plastics used in various industries. These polymers offer unique properties such as durability, flexibility, and resistance to heat and chemicals. Marketing plastic products requires a strategic approach. Companies use various marketing techniques to promote their plastic offerings.

For instance, they may focus on the cost-effectiveness of plastic, its versatility, and its long-lasting nature. They may also highlight the environmental benefits of using recycled plastic. Moreover, the use of advanced technologies like 3D printing and injection molding has revolutionized the plastic industry. Companies can now produce complex plastic parts with high precision and efficiency. This has opened up new opportunities for businesses in various sectors, from automotive to healthcare.

Moreover, the plastic market is a competitive one, with numerous players vying for market share. To stand out, companies need to differentiate themselves through innovative products, competitive pricing, and excellent customer service. They may also collaborate with other businesses to expand their reach and offer integrated solutions. In conclusion, the plastic market is a dynamic and evolving industry. Companies that can effectively market their plastic products and stay ahead of the competition will reap the rewards.

Market Scope
Report Coverage	Details
Page number	188
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 6.27%
Market growth 2023-2027	USD 214.81 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	5.71
Regional analysis	APAC, North America, Europe, Middle East and Africa, and South America
Performing market contribution	APAC at 47%
Key countries	US, China, India, Japan, and Germany
Competitive landscape	Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks
Key companies profiled	Arkema Group, BASF SE, Berry Global Inc., Celanese Corp., Chevron Phillips Chemical Co. LLC, Covestro AG, Dow Inc., Eastman Chemical Co., Evonik Industries AG, Exxon Mobil Corp., Formosa Plastics Corp., Huntsman Corp., INEOS Group Holdings SA, Jain Irrigation Systems Ltd., Lotte Chemical Corp., LyondellBasell Industries NV, Mitsui and Co. Ltd., Saudi Basic Industries Corp., Sumitomo Chemical Co. Ltd., and Toray Industries Inc.
Market dynamics	Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
Precise estimation of the size of the market size and its contribution to the parent market
Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Technique
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global plastic market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global plastic market 2017 - 2021 ($ billion)

4.2 Technique Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Technique Segment 2017 - 2021 ($ billion)

4.3 End User Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – End User Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technique

6.1 Market segments
- Exhibit 30: Chart on Technique - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Technique - Market share 2022-2027 (%)

6.2 Comparison by Technique
- Exhibit 32: Chart on Comparison by Technique
- Exhibit 33: Data Table on Comparison by Technique

6.3 Injection molding - Market size and forecast 2022-2027
- Exhibit 34: Chart on Injection molding - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on Injection molding - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on Injection molding - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Injection molding - Year-over-year growth 2022-2027 (%)

6.4 Blow molding - Market size and forecast 2022-2027
- Exhibit 38: Chart on Blow molding - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Blow molding - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Blow molding - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Blow molding - Year-over-year growth 2022-2027 (%)

6.5 Roto molding - Market size and forecast 2022-2027
- Exhibit 42: Chart on Roto molding - Market size and forecast 2022-2027 ($ billion)
- Exhibit 43: Data Table on Roto molding - Market size and forecast 2022-2027 ($ billion)
- Exhibit 44: Chart on Roto molding - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Roto molding - Year-over-year growth 2022-2027 (%)

6.6 Casting - Market size and forecast 2022-2027
- Exhibit 46: Chart on Casting - Market size and forecast 2022-2027 ($ billion)
- Exhibit 47: Data Table on Casting - Market size and forecast 2022-2027 ($ billion)
- Exhibit 48: Chart on Casting - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Casting - Year-over-year growth 2022-2027 (%)

6.7 Others - Market size and forecast 2022-2027
- Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

6.8 Market opportunity by Technique
- Exhibit 54: Market opportunity by Technique ($ billion)
- Exhibit 55: Data Table on Market opportunity by Technique ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 56: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 57: Data Table on End-user - Market share 2022-2027 (%)

7.2 Comparison by End-user
- Exhibit 58: Chart on Comparison by End-user
- Exhibit 59: Data Table on Comparison by End-user

7.3 Packaging - Market size and forecast 2022-2027
- Exhibit 60: Chart on Packaging - Market size and forecast 2022-2027 ($ billion)
- Exhibit 61: Data Table on Packaging - Market size and forecast 2022-2027 ($ billion)
- Exhibit 62: Chart on Packaging - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Packaging - Year-over-year growth 2022-2027 (%)

7.4 Consumer goods - Market size and forecast 2022-2027
- Exhibit 64: Chart on Consumer goods - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Data Table on Consumer goods - Market size and forecast 2022-2027 ($ billion)
- Exhibit 66: Chart on Consumer goods - Year-over-year growth 2022-2027 (%)
- Exhibit 67: Data Table on Consumer goods - Year-over-year growth 2022-2027 (%)

7.5 Automotive - Market size and forecast 2022-2027
- Exhibit 68: Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
- Exhibit 70: Chart on Automotive - Year-over-year growth 2022-2027 (%)
- Exhibit 71: Data Table on Automotive - Year-over-year growth 2022-2027 (%)

7.6 Electrical and electronics - Market size and forecast 2022-2027
- Exhibit 72: Chart on Electrical and electronics - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Data Table on Electrical and electronics - Market size and forecast 2022-2027 ($ billion)
- Exhibit 74: Chart on Electrical and electronics - Year-over-year growth 2022-2027 (%)
- Exhibit 75: Data Table on Electrical and electronics - Year-over-year growth 2022-2027 (%)

7.7 Others - Market size and forecast 2022-2027
- Exhibit 76: Chart on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
- Exhibit 78: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 79: Data Table on Others - Year-over-year growth 2022-2027 (%)

7.8 Market opportunity by End-user
- Exhibit 80: Market opportunity by End-user ($ billion)
- Exhibit 81: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 83: Chart on Market share by geography 2022-2027 (%)
- Exhibit 84: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 85: Chart on Geographic comparison
- Exhibit 86: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027
- Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027
- Exhibit 91: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027
- Exhibit 95: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 99: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.7 South America - Market size and forecast 2022-2027
- Exhibit 103: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 104: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 105: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.8 China - Market size and forecast 2022-2027
- Exhibit 107: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 108: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 109: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 110: Data Table on China - Year-over-year growth 2022-2027 (%)

9.9 India - Market size and forecast 2022-2027
- Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ billion)
- Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027
- Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 US - Market size and forecast 2022-2027
- Exhibit 119: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 120: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 121: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 122: Data Table on US - Year-over-year growth 2022-2027 (%)

9.12 Japan - Market size and forecast 2022-2027
- Exhibit 123: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 124: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 125: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 126: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 127: Market opportunity by geography ($ billion)
- Exhibit 128: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 129: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 130: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 131: Overview on factors of disruption

11.4 Industry risks
- Exhibit 132: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 133: Vendors covered

12.2 Market positioning of vendors
- Exhibit 134: Matrix on vendor position and classification

12.3 Arkema Group
- Exhibit 135: Arkema Group - Overview
- Exhibit 136: Arkema Group - Business segments
- Exhibit 137: Arkema Group - Key news
- Exhibit 138: Arkema Group - Key offerings
- Exhibit 139: Arkema Group - Segment focus

12.4 BASF SE
- Exhibit 140: BASF SE - Overview
- Exhibit 141: BASF SE - Business segments
- Exhibit 142: BASF SE - Key news
- Exhibit 143: BASF SE - Key offerings
- Exhibit 144: BASF SE - Segment focus

12.5 Berry Global Inc.
- Exhibit 145: Berry Global Inc. - Overview
- Exhibit 146: Berry Global Inc. - Business segments
- Exhibit 147: Berry Global Inc. - Key news
- Exhibit 148: Berry Global Inc. - Key offerings
- Exhibit 149: Berry Global Inc. - Segment focus

12.6 Celanese Corp.
- Exhibit 150: Celanese Corp. - Overview
- Exhibit 151: Celanese Corp. - Business segments
- Exhibit 152: Celanese Corp. - Key offerings
- Exhibit 153: Celanese Corp. - Segment focus

12.7 Chevron Phillips Chemical Co. LLC
- Exhibit 154: Chevron Phillips Chemical Co. LLC - Overview
- Exhibit 155: Chevron Phillips Chemical Co. LLC - Product / Service
- Exhibit 156: Chevron Phillips Chemical Co. LLC - Key news
- Exhibit 157: Chevron Phillips Chemical Co. LLC - Key offerings

12.8 Covestro AG
- Exhibit 158: Covestro AG - Overview
- Exhibit 159: Covestro AG - Business segments
- Exhibit 160: Covestro AG - Key news
- Exhibit 161: Covestro AG - Key offerings
- Exhibit 162: Covestro AG - Segment focus

12.9 Dow Inc.
- Exhibit 163: Dow Inc. - Overview
- Exhibit 164: Dow Inc. - Business segments
- Exhibit 165: Dow Inc. - Key news
- Exhibit 166: Dow Inc. - Key offerings
- Exhibit 167: Dow Inc. - Segment focus

12.10 Eastman Chemical Co.
- Exhibit 168: Eastman Chemical Co. - Overview
- Exhibit 169: Eastman Chemical Co. - Business segments
- Exhibit 170: Eastman Chemical Co. - Key offerings
- Exhibit 171: Eastman Chemical Co. - Segment focus

12.11 Evonik Industries AG
- Exhibit 172: Evonik Industries AG - Overview
- Exhibit 173: Evonik Industries AG - Business segments
- Exhibit 174: Evonik Industries AG - Key news
- Exhibit 175: Evonik Industries AG - Key offerings
- Exhibit 176: Evonik Industries AG - Segment focus

12.12 Exxon Mobil Corp.
- Exhibit 177: Exxon Mobil Corp. - Overview
- Exhibit 178: Exxon Mobil Corp. - Business segments
- Exhibit 179: Exxon Mobil Corp. - Key news
- Exhibit 180: Exxon Mobil Corp. - Key offerings
- Exhibit 181: Exxon Mobil Corp. - Segment focus

12.13 Formosa Plastics Corp.
- Exhibit 182: Formosa Plastics Corp. - Overview
- Exhibit 183: Formosa Plastics Corp. - Product / Service
- Exhibit 184: Formosa Plastics Corp. - Key offerings

12.14 Jain Irrigation Systems Ltd.
- Exhibit 185: Jain Irrigation Systems Ltd. - Overview
- Exhibit 186: Jain Irrigation Systems Ltd. - Business segments
- Exhibit 187: Jain Irrigation Systems Ltd. - Key offerings
- Exhibit 188: Jain Irrigation Systems Ltd. - Segment focus

12.15 Mitsui and Co. Ltd.
- Exhibit 189: Mitsui and Co. Ltd. - Overview
- Exhibit 190: Mitsui and Co. Ltd. - Business segments
- Exhibit 191: Mitsui and Co. Ltd. - Key offerings
- Exhibit 192: Mitsui and Co. Ltd. - Segment focus

12.16 Saudi Basic Industries Corp.
- Exhibit 193: Saudi Basic Industries Corp. - Overview
- Exhibit 194: Saudi Basic Industries Corp. - Business segments
- Exhibit 195: Saudi Basic Industries Corp. - Key offerings
- Exhibit 196: Saudi Basic Industries Corp. - Segment focus

12.17 Toray Industries Inc.
- Exhibit 197: Toray Industries Inc. - Overview
- Exhibit 198: Toray Industries Inc. - Business segments
- Exhibit 199: Toray Industries Inc. - Key offerings
- Exhibit 200: Toray Industries Inc. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 201: Inclusions checklist
- Exhibit 202: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 203: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 204: Research methodology
- Exhibit 205: Validation techniques employed for market sizing
- Exhibit 206: Information sources

13.5 List of abbreviations
- Exhibit 207: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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