Plastics Market Size, Share, and Trends 2024 to 2034

The global plastics market size is calculated at USD 678.56 billion in 2025 and is forecasted to reach around USD 980.86 billion by 2034, accelerating at a CAGR of 4.18% from 2025 to 2034. The Asia Pacific plastics market size surpassed USD 217.14 billion in 2025 and is expanding at a CAGR of 4.34% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 4273
  • Category : Chemical and Material

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. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

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 Plastics Market 

5.1. COVID-19 Landscape: Plastics Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

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. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Plastics Market, By Product

8.1. Plastics Market Revenue and Volume, by Product

8.1.1 Polyethylene (PE)

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Polypropylene (PP)

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Polyurethane (PU)

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Polyvinyl Chloride (PVC)

8.1.4.1. Market Revenue and Volume Forecast

8.1.5. Polyethylene Terephthalate (PET)

8.1.5.1. Market Revenue and Volume Forecast

8.1.6. Polystyrene (PS)

8.1.6.1. Market Revenue and Volume Forecast

8.1.7. Acrylonitrile Butadiene Styrene (ABS)

8.1.7.1. Market Revenue and Volume Forecast

8.1.8. Polybutylene Terephthalate (PBT)Others

8.1.8.1. Market Revenue and Volume Forecast

8.1.9. Polyphenylene Oxide (PPO)

8.1.9.1. Market Revenue and Volume Forecast

8.1.10. Epoxy Polymers

8.1.10.1. Market Revenue and Volume Forecast

8.1.11. Liquid Crystal Polymers (LCP)

8.1.11.1. Market Revenue and Volume Forecast

8.1.12. Polyether Ether Ketone (PEEK)

8.1.12.1. Market Revenue and Volume Forecast

8.1.13. Polycarbonate (PC)

8.1.13.1. Market Revenue and Volume Forecast

8.1.14. Polyamide (PA)

8.1.14.1. Market Revenue and Volume Forecast

8.1.15. Polysulfone (PSU)

8.1.15.1. Market Revenue and Volume Forecast

8.1.16. Polyphenylsulfone (PPSU)

8.1.16.1. Market Revenue and Volume Forecast

8.1.17. Others

8.1.17.1. Market Revenue and Volume Forecast

Chapter 9. Global Plastics Market, By Application

9.1. Plastics Market Revenue and Volume, by Application

9.1.1. Injection Molding

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Blow Molding

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Roto Molding

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Compression Molding

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Casting

9.1.5.1. Market Revenue and Volume Forecast

9.1.6. Thermoforming

9.1.6.1. Market Revenue and Volume Forecast

9.1.7. Extrusion

9.1.7.1. Market Revenue and Volume Forecast

9.1.8. Calendering

9.1.8.1. Market Revenue and Volume Forecast

9.1.9. Others

9.1.9.1. Market Revenue and Volume Forecast

Chapter 10. Global Plastics Market, By End-use

10.1. Plastics Market Revenue and Volume, by End-use

10.1.1. Packaging

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Building & Construction

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Electrical & Electronics

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Automotive

10.1.4.1. Market Revenue and Volume Forecast

10.1.5. Medical Devices

10.1.5.1. Market Revenue and Volume Forecast

10.1.6. Agriculture

10.1.6.1. Market Revenue and Volume Forecast

10.1.7. Furniture & Bedding

10.1.7.1. Market Revenue and Volume Forecast

10.1.8. Consumer Goods

10.1.8.1. Market Revenue and Volume Forecast

10.1.9. Utility

10.1.9.1. Market Revenue and Volume Forecast

10.1.10. Others

10.1.10.1. Market Revenue and Volume Forecast

Chapter 11. Global Plastics Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Product

11.1.2. Market Revenue and Volume Forecast, by Application

11.1.3. Market Revenue and Volume Forecast, by End-use

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Product

11.1.4.2. Market Revenue and Volume Forecast, by Application

11.1.4.3. Market Revenue and Volume Forecast, by End-use

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Product

11.1.5.2. Market Revenue and Volume Forecast, by Application

11.1.5.3. Market Revenue and Volume Forecast, by End-use

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Product

11.2.2. Market Revenue and Volume Forecast, by Application

11.2.3. Market Revenue and Volume Forecast, by End-use

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Product

11.2.4.2. Market Revenue and Volume Forecast, by Application

11.2.4.3. Market Revenue and Volume Forecast, by End-use

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Product

11.2.5.2. Market Revenue and Volume Forecast, by Application

11.2.5.3. Market Revenue and Volume Forecast, by End-use

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Product

11.2.6.2. Market Revenue and Volume Forecast, by Application

11.2.6.3. Market Revenue and Volume Forecast, by End-use

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Product

11.2.7.2. Market Revenue and Volume Forecast, by Application

11.2.7.3. Market Revenue and Volume Forecast, by End-use

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Product

11.3.2. Market Revenue and Volume Forecast, by Application

11.3.3. Market Revenue and Volume Forecast, by End-use

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Product

11.3.4.2. Market Revenue and Volume Forecast, by Application

11.3.4.3. Market Revenue and Volume Forecast, by End-use

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Product

11.3.5.2. Market Revenue and Volume Forecast, by Application

11.3.5.3. Market Revenue and Volume Forecast, by End-use

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Product

11.3.6.2. Market Revenue and Volume Forecast, by Application

11.3.6.3. Market Revenue and Volume Forecast, by End-use

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Product

11.3.7.2. Market Revenue and Volume Forecast, by Application

11.3.7.3. Market Revenue and Volume Forecast, by End-use

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Product

11.4.2. Market Revenue and Volume Forecast, by Application

11.4.3. Market Revenue and Volume Forecast, by End-use

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Product

11.4.4.2. Market Revenue and Volume Forecast, by Application

11.4.4.3. Market Revenue and Volume Forecast, by End-use

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Product

11.4.5.2. Market Revenue and Volume Forecast, by Application

11.4.5.3. Market Revenue and Volume Forecast, by End-use

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Product

11.4.6.2. Market Revenue and Volume Forecast, by Application

11.4.6.3. Market Revenue and Volume Forecast, by End-use

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Product

11.4.7.2. Market Revenue and Volume Forecast, by Application

11.4.7.3. Market Revenue and Volume Forecast, by End-use

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Product

11.5.2. Market Revenue and Volume Forecast, by Application

11.5.3. Market Revenue and Volume Forecast, by End-use

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Product

11.5.4.2. Market Revenue and Volume Forecast, by Application

11.5.4.3. Market Revenue and Volume Forecast, by End-use

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Product

11.5.5.2. Market Revenue and Volume Forecast, by Application

11.5.5.3. Market Revenue and Volume Forecast, by End-use

Chapter 12. Company Profiles

12.1. SABIC

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Dow, Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. DuPont

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Evonik Industries AG

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Sumitomo Chemical Co., Ltd.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Arkema

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Celanese Corporation

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Eastman Chemical Company

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Chevron Phillips Chemical Co., LLC

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Lotte Chemical Corporation

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global plastics market size is expected to increase USD 980.86 billion by 2034 from USD 651.15 billion in 2024.

The global plastics market will register growth rate of 4.18% between 2025 and 2034.

The major players operating in the plastics market are SABIC, Dow, Inc., DuPont, Evonik Industries AG, Sumitomo Chemical Co., Ltd., Arkema, Celanese Corporation, Eastman Chemical Company, Chevron Phillips Chemical Co., LLC, Lotte Chemical Corporation, Exxon Mobil Corporation, Formosa Plastics Corporation, Covestro AG, Toray Industries, Inc., Mitsui & Co. Plastics Ltd., Teijin Limited, INEOS Group, Eni S.p.A., LG Chem, LANXESS, CHIMEI, Huntsman International LLC, Chevron Phillips Chemical Co., LLC, LyondellBasell Industries Holdings B.V., RTP Company, and Others.

The driving factors of the plastics market are the rise in e-commerce business and gowinf packaging industry.

Asia Pacific region will lead the global plastics market during the forecast period 2025 to 2034.

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