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Asia Pacific Circular Polymers Market Size, Share & Industry Trends Analysis Report By Form, By Application (Food Packaging, Adhesives & Sealants, Interior & Exterior Components, Wires & Cables, and Others), By End-use, By Type, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 205 Pages
  • December 2023
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5922615
The Asia Pacific Circular Polymers Market would witness market growth of 11.5% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 19,118.0 Kilo Tonnes, showcasing a growth of 10.7% (2019-2022).

In the healthcare industry, circular polymers produce sustainable and recyclable medical devices, packaging, and other healthcare products. This application aligns with the increasing focus on sustainability in the healthcare sector. Circular polymers are used in the production of sporting goods and equipment. From recycled materials, manufacturers can create sustainable options for items such as sports gear, equipment components, and packaging, catering to environmentally conscious consumers.

Furthermore, frequently manufactured from recycled materials, circular polymers reduce carbon emissions in comparison to the manufacturing of virgin plastics. Incorporating circular polymers into manufacturing can help companies lower their overall carbon footprint. By using recycled feedstocks to produce circular polymers, companies contribute to conserving natural resources. This aligns with sustainability goals focused on responsible resource management and reducing reliance on finite resources.

Additionally, government policies and regulations in China aimed at sustainable development and environmental protection can drive the adoption of circular polymers in construction. Incentives, subsidies, and regulatory frameworks that encourage using recycled materials can propel the growth of the market. According to the State Council of China data, in 2021, the total output value of construction enterprises nationwide reached 29.3 trillion yuan (about $4.22 trillion). Therefore, rising construction and packaging industries in Asia Pacific will help in the expansion of the regional market.

The China market dominated the Asia Pacific Circular Polymers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $18,483.7 million by 2030. The Japan market is showcasing a CAGR of 10.8% during (2023 - 2030). Additionally, The India market would register a CAGR of 12.1% during (2023 - 2030).

Based on Form, the market is segmented into Pellets, and Flakes. Based on Application, the market is segmented into Food Packaging, Adhesives & Sealants, Interior & Exterior Components, Wires & Cables, and Others. Based on End-use, the market is segmented into Packaging, Building & Construction, Automotive, Electrical & Electronics, and Others. Based on Type, the market is segmented into Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polyamide (PA), and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LyondellBasell Industries Holdings B.V., SABIC (Saudi Arabian Oil Company), Ascend Performance Materials LLC (SK Capital and Partners), Veolia Environnement S.A., Exxon Mobil Corporation, Chevron Phillips Chemical Company LLC, Borealis AG (OMV), The Shakti Plastic Industries, Advanced Circular Polymers, and TotalEnergies SE.

Scope of the Study

Market Segments Covered in the Report:

By Form (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Pellets
  • Flakes

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Food Packaging
  • Adhesives & Sealants
  • Interior & Exterior Components
  • Wires & Cables
  • Others

By End-use(Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Packaging
  • Building & Construction
  • Automotive
  • Electrical & Electronics
  • Others

By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Polyvinyl Chloride (PVC)
  • Polyamide (PA)
  • Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • LyondellBasell Industries Holdings B.V.
  • SABIC (Saudi Arabian Oil Company)
  • Ascend Performance Materials LLC (SK Capital and Partners)
  • Veolia Environnement S.A.
  • Exxon Mobil Corporation
  • Chevron Phillips Chemical Company LLC
  • Borealis AG (OMV)
  • The Shakti Plastic Industries
  • Advanced Circular Polymers
  • TotalEnergies SE

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Circular Polymers Market, by Form
1.4.2 Asia Pacific Circular Polymers Market, by Application
1.4.3 Asia Pacific Circular Polymers Market, by End-use
1.4.4 Asia Pacific Circular Polymers Market, by Type
1.4.5 Asia Pacific Circular Polymers Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Circular Polymers Market
Chapter 5. Asia Pacific Circular Polymers Market by Form
5.1 Asia Pacific Pellets Market by Country
5.2 Asia Pacific Flakes Market by Country
Chapter 6. Asia Pacific Circular Polymers Market by Application
6.1 Asia Pacific Food Packaging Market by Country
6.2 Asia Pacific Adhesives & Sealants Market by Country
6.3 Asia Pacific Interior & Exterior Components Market by Country
6.4 Asia Pacific Wires & Cables Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Circular Polymers Market by End-use
7.1 Asia Pacific Packaging Market by Country
7.2 Asia Pacific Building & Construction Market by Country
7.3 Asia Pacific Automotive Market by Country
7.4 Asia Pacific Electrical & Electronics Market by Country
7.5 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Circular Polymers Market by Type
8.1 Asia Pacific Polyethylene (PE) Market by Country
8.2 Asia Pacific Polypropylene (PP) Market by Country
8.3 Asia Pacific Polyethylene Terephthalate (PET) Market by Country
8.4 Asia Pacific Polyvinyl Chloride (PVC) Market by Country
8.5 Asia Pacific Polyamide (PA) Market by Country
8.6 Asia Pacific Others Market by Country
Chapter 9. Asia Pacific Circular Polymers Market by Country
9.1 China Circular Polymers Market
9.1.1 China Circular Polymers Market by Form
9.1.2 China Circular Polymers Market by Application
9.1.3 China Circular Polymers Market by End-use
9.1.4 China Circular Polymers Market by Type
9.2 Japan Circular Polymers Market
9.2.1 Japan Circular Polymers Market by Form
9.2.2 Japan Circular Polymers Market by Application
9.2.3 Japan Circular Polymers Market by End-use
9.2.4 Japan Circular Polymers Market by Type
9.3 India Circular Polymers Market
9.3.1 India Circular Polymers Market by Form
9.3.2 India Circular Polymers Market by Application
9.3.3 India Circular Polymers Market by End-use
9.3.4 India Circular Polymers Market by Type
9.4 South Korea Circular Polymers Market
9.4.1 South Korea Circular Polymers Market by Form
9.4.2 South Korea Circular Polymers Market by Application
9.4.3 South Korea Circular Polymers Market by End-use
9.4.4 South Korea Circular Polymers Market by Type
9.5 Singapore Circular Polymers Market
9.5.1 Singapore Circular Polymers Market by Form
9.5.2 Singapore Circular Polymers Market by Application
9.5.3 Singapore Circular Polymers Market by End-use
9.5.4 Singapore Circular Polymers Market by Type
9.6 Malaysia Circular Polymers Market
9.6.1 Malaysia Circular Polymers Market by Form
9.6.2 Malaysia Circular Polymers Market by Application
9.6.3 Malaysia Circular Polymers Market by End-use
9.6.4 Malaysia Circular Polymers Market by Type
9.7 Rest of Asia Pacific Circular Polymers Market
9.7.1 Rest of Asia Pacific Circular Polymers Market by Form
9.7.2 Rest of Asia Pacific Circular Polymers Market by Application
9.7.3 Rest of Asia Pacific Circular Polymers Market by End-use
9.7.4 Rest of Asia Pacific Circular Polymers Market by Type
Chapter 10. Company Profiles
10.1 LyondellBasell Industries Holdings B.V.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 SABIC (Saudi Arabian Oil Company)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Recent strategies and developments:
10.2.4.1 Product Launches and Product Expansions:
10.2.5 SWOT Analysis
10.3 Ascend Performance Materials LLC (SK Capital and Partners)
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Product Launches and Product Expansions:
10.3.2.2 Acquisition and Mergers:
10.3.3 SWOT Analysis
10.4 Veolia Environnement S.A.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 SWOT Analysis
10.5 Exxon Mobil Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 SWOT Analysis
10.6 Chevron Phillips Chemical Company LLC
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Recent strategies and developments:
10.6.3.1 Partnerships, Collaborations, and Agreements:
10.6.4 SWOT Analysis
10.7 Borealis AG (OMV)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.5.2 Acquisition and Mergers:
10.7.6 SWOT Analysis
10.8 The Shakti Plastic Industries
10.8.1 Company Overview
10.8.2 SWOT Analysis
10.9 Advanced Circular Polymers
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. TotalEnergies SE
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.5.2 Product Launches and Product Expansions:
10.10.6 SWOT Analysis

Companies Mentioned

  • LyondellBasell Industries Holdings B.V.
  • SABIC (Saudi Arabian Oil Company)
  • Ascend Performance Materials LLC (SK Capital and Partners)
  • Veolia Environnement S.A.
  • Exxon Mobil Corporation
  • Chevron Phillips Chemical Company LLC
  • Borealis AG (OMV)
  • The Shakti Plastic Industries
  • Advanced Circular Polymers
  • TotalEnergies SE

Methodology

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