Has the 'fall wave' begun? Cookie Notice. Increasing product demand from the packaging, building & construction, medical & pharmaceutical, and a few other application industries is expected to propel market growth.

Increasing product demand from the packaging, building & construction, medical & pharmaceutical, and a few other application industries is expected to propel market growth The global commodity plastics market size is anticipated to reach USD 554.4 billion by 2027, according to a report by Grand View Research, Inc., registering a CAGR of 3.2% over the forecast period. The global market was valued at USD 434.6 billion in 2019 and is estimated to register a CAGR of 3.2% from 2020 to 2027, The global market is expected to witness significant growth over the forecast period owing to rising product demand from the packaging, electrical & electronics, and medical & pharmaceutical end-use industries, The market in the U.S. is anticipated to witness significant growth by 2027 owing to the growing product demand, Asia Pacific is projected to witness the fastest growth over the estimated period owing to rising infrastructural & economic investment, and growing product demand from the countries, such as India, China, and Japan, Rapidly growing e-commerce sector and innovation and development in the packaging industry in APAC is also fueling the product demand, Read 120 page research report with ToC on "Commodity Plastics Market Size, Share & Trends Analysis Report By Product (PMMA, PE, PVC, PP, PET, PS), By End-use (Packaging, Medical & Pharmaceutical), By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/commodity-plastics-market. Avail customized purchase options to meet your research needs: Get your queries resolved from an industry expert. Several plastics including polystyrene and polyethylene are blended to achieve desirable properties for use in medical devices. Key players in the global Commodity Plastics market covered in Chapter 5: Global Commodity Plastics Industry 2020 Market Research Report also provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

Which region is expected to hold the highest market share in the Commodity Plastics market? "The quality of research they have done for us has been excellent...", Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. Commodity plastics are plastics produced in high volumes for applications where exceptional material properties are not needed (such as packaging, food containers, and household products). The global commodity plastics market is expected to grow at a compound annual growth rate of 3.2% from 2020 to 2027 to reach USD 554.4 billion by 2027. b. Asia Pacific dominated the commodity plastics market with a share of 46.51% in 2019. b. New York City, NY 10170, Buy Production Analysis by Region/Company, 4.1. Addition or alteration to country, regional & segment scope report, we will provide it to you as a part of customization, Avail customized purchase options to meet your exact research needs. An efficient strategy offers the companies with a head start in planning and an edge over the competitors.Industry Researchis the credible source for gaining the market reports that will provide you with the lead your business needs. Plastic Resin Market– Surging demand from the construction, automotive, and electrical and electronics sectors are the key factors expected to have a positive impact on market growth. Increasing product demand from the packaging, building & construction, medical & pharmaceutical, and a few other application industries is expected to propel market growth. Historical and current end-of-day data provided by FACTSET.

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