Global Commodity Plastics Market

Global Commodity Plastics Market Size, Trends and Analysis - Forecasts 2026 By Product (Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polyethylene Terephthalate (PET), Polystyrene (PS), Poly Methyl Methacrylate (PMMA)), By End-Use (Packaging, Building & Construction, Electrical & Electronics, Automotive & Transportation, Medical & Pharmaceutical, Textile, Consumer Durable Goods, Others), By Region (North America, Europe, Asia Pacific, Middle East & Africa, CSA), Vendor Landscape, End User Landscape, and Company Market Share Analysis & Competitor Analysis

Category Chemicals & Advanced Material
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Commodity Plastics Market Insights

The global commodity plastics market is estimated to witness a significant CAGR during the forecast period (2020-2026). Growing production of lightweight electric vehicles and rising metal prices are driving the market over the coming years. Commodity plastics are commonly used in mass-produced goods and items with a single-use type, such as wrapping films or water glasses. Moreover, the growing demand for packaging bottles, trays, and crates, among others for food and beverage packaging is expected to propel the market growth. Commodity plastics are lighter, structurally stable, and abrasion-resistant. They can be easily recycled and shaped into many forms, making them highly appropriate for packaging applications. However, stringent environmental rules and regulations, and improper disposable of plastics are hampering the market growth.

Commodity Plastics Market: By Product

Based on product, the market is segmented into polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polystyrene (PS), and poly methyl methacrylate (PMMA). The polyethylene (PE) segment is expected to hold the largest market share in terms of volume during the forecast period due to increasing application in consumer durable products, and medical & pharmaceutical industries. Moreover, growing demand for packaged food & beverages is expected to propel the market growth. Furthermore, poly methyl methacrylate (PMMA) segment is expected to grow at a high CAGR during the forecast period due to increasing application in automotive & transportation and building & construction industries.

Commodity Plastics Market: By End-Use

Based on end-use, the market is segmented into packaging, building & construction, electrical & electronics, automotive & transportation, medical & pharmaceutical, textile, and consumer durable goods, among others. The packaging segment is expected to hold the largest market share in terms of value and volume during the forecast period due to the growing demand for flexible packaging because of its durability and high recyclability. Moreover, the rising use of renewable plastics for packaging and development in the packaging materials is expected to propel the market growth. Furthermore, the medical & pharmaceutical segment is expected to grow at a high CAGR during the forecast period.

Commodity Plastics Market

Commodity Plastics Market: By Region

Based on region, the market is segmented into North America, Asia-Pacific, Europe, CSA, and Middle East & Africa. The Asia-Pacific region is expected to hold the largest market share during the forecast period due to increasing demand for commodity plastics from the packaging and medical & pharmaceutical sector, especially in countries, such as China, India, and Japan. Moreover, increased investments in the construction industry and consumption of packaged foods and consumer goods are propelling the market growth for the Asia-Pacific region. Furthermore, North America is expected to grow at high CAGR during the forecast period.

Commodity Plastics Market: Share & Competitor Analysis

Some of the key players operating in the commodity plastics market include: Chevron Phillips Chemical Co., LLC, BASF SE., SABIC, Dow Inc., Exxon Mobil Corporation, Evonik Group, Sumitomo Chemical Co., Ltd., DuPont de Nemours, Inc., Arkema, and Eastman Chemical Company among others.

Please note: This is not an exhaustive list of companies profiled in the report.

  • In April 2020, BASF SE's innovative material solution Ultramid Balance announced to produce a new rear bumper stay, an automotive part designed to protect the underbody of vehicles for Molten recognized as a global Japanese supplier of sporting goods and automotive components. It has been used in Mazda’s newly launched car models Mazda 3 & CX-30
  • In March 2020, Dow Chemical Company's business division Dow Polyurethanes announced the launch of its innovative sleeps solutions developed through ComfortScience at Interzum 2019, in Cologne, Germany, 21-24 May

Commodity Plastics Market: By Product

  1. Introduction 
    1. Commodity Plastics Market, By Product, 2018-2026 (USD Million)      
  2. Polyethylene (PE)    
    1. Polyethylene (PE): Commodity Plastics Market, 2018-2026 (USD Million)
  3. Polypropylene (PP) 
    1. Polypropylene (PP): Commodity Plastics Market, 2018-2026 (USD Million)
  4. Polyvinyl Chloride (PVC)     
    1. Polyvinyl Chloride (PVC): Commodity Plastics Market, 2018-2026 (USD Million)
  5. Polyethylene terephthalate (PET) 
    1. Polyethylene terephthalate (PET): Commodity Plastics Market, 2018-2026 (USD Million)
  6. Polystyrene (PS)      
    1. Polystyrene (PS): Commodity Plastics Market, 2018-2026 (USD Million)
  7. Poly Methyl Methacrylate (PMMA)
    1. Poly Methyl Methacrylate (PMMA): Commodity Plastics Market, 2018-2026 (USD Million)

Commodity Plastics Market: By End Use

  1. Introduction
    1. Commodity Plastics Market, By End Use, 2018-2026 (USD Million)      
  2. Packaging    
    1. Packaging: Commodity Plastics Market, 2018-2026 (USD Million)
  3. Building & Construction     
    1. Building & Construction: Commodity Plastics Market, 2018-2026 (USD Million)
  4. Electrical & Electronics       
    1. Electrical & Electronics: Commodity Plastics Market, 2018-2026 (USD Million)
  5. Automotive & Transportation        
    1. Automotive & Transportation: Commodity Plastics Market, 2018-2026 (USD Million)
  6. Medical & Pharmaceutical
    1. Medical & Pharmaceutical: Commodity Plastics Market, 2018-2026 (USD Million)
  7. Textile           
    1. Textile: Commodity Plastics Market, 2018-2026 (USD Million)
  8. Consumer Durable Goods  
    1. Consumer Durable Goods: Commodity Plastics Market, 2018-2026 (USD Million)
  9. Others           
    1. Others: Commodity Plastics Market, 2018-2026 (USD Million)

Commodity Plastics Market: By Region

  1. Introduction 
    1. Global Commodity Plastics Market, By Region, 2018-2026 (USD Million)        
  2. North America         
    1. By Product    
      1. North America Commodity Plastics Market, By Product, 2018-2026 (USD Million)      
    2. By End Use    
      1. North America Commodity Plastics Market, By End Use, 2018-2026 (USD Million)      
    3. By Country     
      1. U.S     
        1. By Product    
          1. U.S Commodity Plastics Market, By Product, 2018-2026 (USD Million) 
        2. By End Use    
          1. U.S Commodity Plastics Market, By End Use, 2018-2026 (USD Million) 
      2. Canada          
        1. By Product    
          1. Canada Commodity Plastics Market, By Product, 2018-2026 (USD Million) 
        2. By End Use    
          1. Canada Commodity Plastics Market, By End Use, 2018-2026 (USD Million) 
      3. Mexico           
        1. By Product    
          1. Mexico Commodity Plastics Market, By Product, 2018-2026 (USD Million) 
        2. By End Use    
          1. Mexico Commodity Plastics Market, By End Use, 2018-2026 (USD Million) 
  3. Europe          
    1. By Product    
      1. Europe Commodity Plastics Market, By Product, 2018-2026 (USD Million)     
    2. By End Use    
      1. Europe Commodity Plastics Market, By End Use, 2018-2026 (USD Million)
    3. By Country     
      1. Germany        
        1. By Product    
          1. Germany Commodity Plastics Market, By Product, 2018-2026 (USD Million) 
        2. By End Use    
          1. Germany Commodity Plastics Market, By End Use, 2018-2026 (USD Million) 
      2. UK      
        1. By Product    
          1. UK Commodity Plastics Market, By Product, 2018-2026 (USD Million) 
        2. By End Use    
          1. UK Commodity Plastics Market, By End Use, 2018-2026 (USD Million) 
      3. France
        1. By Product    
          1. France Commodity Plastics Market, By Product, 2018-2026 (USD Million) 
        2. By End Use    
          1. France Commodity Plastics Market, By End Use, 2018-2026 (USD Million)             
      4. Italy    
        1. By Product    
          1. Italy Commodity Plastics Market, By Product, 2018-2026 (USD Million) 
        2. By End Use    
          1. Italy Commodity Plastics Market, By End Use, 2018-2026 (USD Million) 
      5. Rest Of Europe         
        1. By Product    
          1. Rest Of Europe Commodity Plastics Market, By Product, 2018-2026 (USD Million)
        2. By End Use    
          1. Rest Of Europe Commodity Plastics Market, By End Use, 2018-2026 (USD Million)   
  4. Asia Pacific  
    1. By Product    
      1. Asia Pacific Commodity Plastics Market, By Product, 2018-2026 (USD Million)      
      2. By End Use    
        1. Asia Pacific Commodity Plastics Market, By End Use, 2018-2026 (USD Million)         
      3. By Country     
        1. China 
          1. By Product    
            1. China Commodity Plastics Market, By Product, 2018-2026 (USD Million)    
          2. By End Use    
            1. China Commodity Plastics Market, By End Use, 2018-2026 (USD Million)    
        2. Japan 
          1. By Product    
            1. Japan Commodity Plastics Market, By Product, 2018-2026 (USD Million)    
          2. By End Use    
            1. Japan Commodity Plastics Market, By End Use, 2018-2026 (USD Million)    
        3. India  
          1. By Product    
            1. India Commodity Plastics Market, By Product, 2018-2026 (USD Million)    
          2. By End Use    
            1. India Commodity Plastics Market, By End Use, 2018-2026 (USD Million)    
        4. Australia        
          1. By Product    
            1. Australia Commodity Plastics Market, By Product, 2018-2026 (USD Million)    
          2. By End Use    
            1. Australia Commodity Plastics Market, By End Use, 2018-2026 (USD Million)                            
        5. Rest of APAC
          1. By Product    
            1. Rest of APAC Commodity Plastics Market, By Product, 2018-2026 (USD Million)       
          2. By End Use    
            1. Rest of APAC Commodity Plastics Market, By End Use, 2018-2026 (USD Million)
  5. Middle East & Africa           
    1. By Product    
      1. Middle East & Africa Commodity Plastics Market, By Product, 2018-2026 (USD Million)     
    2. By End Use    
      1. Middle East & Africa Commodity Plastics Market, By End Use, 2018-2026 (USD Million)     
    3. By Country     
      1. Saudi Arabia 
        1. By Product    
          1. Saudi Arabia Commodity Plastics Market, By Product, 2018-2026 (USD Million)   
        2. By End Use    
          1. Saudi Arabia Commodity Plastics Market, By End Use, 2018-2026 (USD Million)
      2. UAE    
        1. By Product    
          1. UAE Commodity Plastics Market, By Product, 2018-2026 (USD Million) 
        2. By End Use    
          1. UAE Commodity Plastics Market, By End Use, 2018-2026 (USD Million) 
  6. Central & South America   
    1. By Product    
      1. Central & South America Commodity Plastics Market, By Product, 2018-2026 (USD Million)        
    2. By End Use    
      1. Central & South America Commodity Plastics Market, By End Use, 2018-2026 (USD Million)        
    3. By Country     
      1. Brazil 
        1. By Product    
          1. Brazil Commodity Plastics Market, By Product, 2018-2026 (USD Million) 
        2. By End Use    
          1. Brazil Commodity Plastics Market, By End Use, 2018-2026 (USD Million) 

The global Commodity Plastics Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Commodity Plastics Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Commodity Plastics Market.

Commodity Plastics Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Commodity Plastics Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Commodity Plastics Market

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