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Commodity Plastics Market Size, Share & Trends Analysis Report by Product (Polyethylene (PE), Polypropylene (PP), Polyvinyl chloride (PVC), Polystyrene), End-use, Region, and Segment Forecasts, 2025-2030- Product Image
Commodity Plastics Market Size, Share & Trends Analysis Report by Product (Polyethylene (PE), Polypropylene (PP), Polyvinyl chloride (PVC), Polystyrene), End-use, Region, and Segment Forecasts, 2025-2030- Product Image
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Commodity Plastics Market Size, Share & Trends Analysis Report by Product (Polyethylene (PE), Polypropylene (PP), Polyvinyl chloride (PVC), Polystyrene), End-use, Region, and Segment Forecasts, 2025-2030

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  • 100 Pages
  • October 2024
  • Region: Global
  • Grand View Research
  • ID: 6024669
Description Jump to:
The global commodity plastics market size is estimated to reach USD 595.7 billion by 2030, registering a CAGR of 2.9% from 2025 to 2030. Increasing product demand from the packaging, building & construction, medical & pharmaceutical, and a few other application industries is expected to propel market growth. Moreover, the rising demand for consumer durable goods owing to growing disposable incomes coupled with the increasing need for lightweight materials in the automotive industry is anticipated to drive the demand for commodity plastics over the forecast period.

Polyethylene (PE) segment led the market in 2024 and is expected to maintain its leading position during the forecast period owing to rising demand from the packaging and automotive & transportation industries. Polyethylene is widely used in various applications, such as plastic films, plastic bags, wire insulations, plastic containers, household & kitchenware, tubing, bottles, and chemical containers, owing to their properties, which include lower manufacturing cost, easy availability, and excellent stiffness and toughness. Asia Pacific is the largest regional market for commodity plastics owing to the high demand from the end-use industries.

Asia Pacific is the largest producer and consumer of automobiles, consumer goods, and packaging materials, thereby paving a way for the commodity plastic market in the region. The region is also one of the largest consumers and producers of electrical & electronic products, such as equipment and wires, which is expected to boost the demand for commodity plastics in the region over the forecast period. However, the decline in consumer spending on discretionary products and the stall in manufacturing activities due to the COVID-19 pandemic in the region are expected to negatively impact the demand in the above-mentioned industries.

Commodity Plastics Market Report Highlights

  • 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 Poly Methyl Methacrylate (PMMA) segment is expected to register fastest CAGR of 5.1% over the forecast period.
  • By end-use, the packaging segment held the largest revenue share in the global market at 39.2% in 2024.
  • Asia Pacific dominated the global market and accounted for the largest revenue share of 48.0% in 2024, owing to rising infrastructural & economic investment, and growing product demand from the countries, such as India, China, and Japan.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
  • Competitive Landscape: Explore the market presence of key players worldwide
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

The leading players in the Commodity Plastics market include:

  • BASF SE.
  • SABIC
  • DuPont de Nemours Inc.
  • Evonik Group
  • Sumitomo Chemical Co. Ltd.
  • Arkema
  • Eastman Chemical Company
  • Chevron Phillips Chemical Co., LLC
  • Exxon Mobil Corporation


This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Research Methodology
1.2.1. Information Procurement
1.3. Information or Data Analysis
1.4. Methodology
1.5. Research Scope and Assumptions
1.6. Market Formulation & Validation
1.7. Country Based Segment Share Calculation
1.8. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Commodity Plastics Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Drivers Analysis
3.2.2. Market Restraints Analysis
3.2.3. Industry Challenges
3.3. Commodity Plastics Market Analysis Tools
3.3.1. Porter’s Analysis
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political Landscape
3.3.2.2. Economic and Social Landscape
3.3.2.3. Technological Landscape
3.3.2.4. Environmental Landscape
3.3.2.5. Legal Landscape
3.4. Pain Point Analysis
Chapter 4. Commodity Plastics Market: Product Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Commodity Plastics Market: Product Movement Analysis, USD Billion, 2024 & 2030
4.3. Polyethylene (PE)
4.3.1. Polyethylene (PE) Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.4. Polypropylene (PP)
4.4.1. Polypropylene (PP) Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.5. Polyvinyl Chloride (PVC)
4.5.1. Polyvinyl Chloride (PVC) Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.6. Polyethylene terephthalate (PET)
4.6.1. Polyethylene Terephthalate (PET) Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.7. Polystyrene (PS)
4.7.1. Polystyrene (PS) Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.8. Poly Methyl Methacrylate (PMMA)
4.8.1. Poly Methyl Methacrylate (PMMA) Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Commodity Plastics Market: End Use Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Commodity Plastics Market: End Use Movement Analysis, USD Billion, 2024 & 2030
5.3. Packaging
5.3.1. Packaging Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.4. Building & Construction
5.4.1. Building & Construction Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.5. Electrical & Electronics
5.5.1. Electrical & Electronics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.6. Automotive & Transportation
5.6.1. Automotive & Transportation Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.7. Medical & Pharmaceutical
5.7.1. Medical & Pharmaceutical Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.8. Textile
5.8.1. Textile Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.9. Consumer Durable Goods
5.9.1. Consumer durable Goods Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.10. Others
5.10.1. Others Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 6. Commodity Plastics Market: Regional Estimates & Trend Analysis
6.1. Commodity Plastics Market Share, By Region, 2024 & 2030, USD Billion
6.2. North America
6.2.1. North America Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.2.2. U.S.
6.2.2.1. U.S. Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.2.3. Canada
6.2.3.1. Canada Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.3. Europe
6.3.1. Europe Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.3.2. UK
6.3.2.1. UK Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.3.3. Germany
6.3.3.1. Germany Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.3.4. France
6.3.4.1. France Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4. Asia Pacific
6.4.1. Asia Pacific Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4.2. China
6.4.2.1. China Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4.3. Japan
6.4.3.1. Japan Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4.4. India
6.4.4.1. India Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4.5. South Korea
6.4.5.1. South Korea Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4.6. Australia
6.4.6.1. Australia Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.5. Latin America
6.5.1. Latin America Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.5.2. Brazil
6.5.2.1. Brazil Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.5.3. Mexico
6.5.3.1. Mexico Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.6.2. GCC
6.6.2.1. GCC Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.6.3. South Africa
6.6.3.1. South Africa Commodity Plastics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
Chapter 7. Competitive Landscape
7.1. Company Categorization
7.2. Company Market Positioning
7.3. Company Heat Map Analysis
7.4. Company Profiles
7.4.1. BASF SE.
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Recent Developments/ Strategic Initiatives
7.4.2. SABIC
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Recent Developments/ Strategic Initiatives
7.4.3. Dow Inc.
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Recent Developments/ Strategic Initiatives
7.4.4. DuPont de Nemours, Inc.
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Recent Developments/ Strategic Initiatives
7.4.5. Sumitomo Chemical Co., Ltd
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Recent Developments/ Strategic Initiatives
7.4.6. Arkema
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Recent Developments/ Strategic Initiatives
7.4.7. Eastman Chemical Company
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Recent Developments/ Strategic Initiatives
7.4.8. Chevron Phillips Chemical Co., LLC
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Recent Developments/ Strategic Initiatives
7.4.9. Exxon Mobil Corporation
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Recent Developments/ Strategic Initiatives
7.4.10. Evonik Group
7.4.10.1. Participant’s Overview
7.4.10.2. Financial Performance
7.4.10.3. Product Benchmarking
7.4.10.4. Recent Developments/ Strategic Initiatives
List of Tables
Table 1 Global Commodity Plastics Market Size Estimates & Forecasts, 2018 - 2030 (USD Billion)
Table 2 Global Commodity Plastics Market, by Region, 2018 - 2030 (USD Billion)
Table 3 Global Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 4 Global Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 5 North America Commodity Plastics Market, by Country, 2018 - 2030 (USD Billion)
Table 6 North America Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 7 North America Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 8 U.S. Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 9 U.S. Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 10 Canada Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 11 Canada Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 12 Europe Commodity Plastics Market, by Country, 2018 - 2030 (USD Billion)
Table 13 Europe Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 14 Europe Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 15 UK Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 16 UK Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 17 Germany Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 18 Germany Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 19 France Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 20 France Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 21 Asia Pacific Commodity Plastics Market, by Country, 2018 - 2030 (USD Billion)
Table 22 Asia Pacific Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 23 Asia Pacific Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 24 China Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 25 China Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 26 India Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 27 India Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 28 Japan Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 29 Japan Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 30 South Korea Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 31 South Korea Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 32 Australia Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 33 Australia Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 34 Latin America Commodity Plastics Market, by Country, 2018 - 2030 (USD Billion)
Table 35 Latin America Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 36 Latin America Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 37 Brazil Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 38 Brazil Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 39 Mexico Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 40 Mexico Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 41 MEA Commodity Plastics Market, by Country, 2018 - 2030 (USD Billion)
Table 42 MEA Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 43 MEA Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 44 GCC Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 45 GCC Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
Table 46 South Africa Commodity Plastics Market, by Product, 2018 - 2030 (USD Billion)
Table 47 South Africa Commodity Plastics Market, by End Use, 2018 - 2030 (USD Billion)
List of Figures
Fig. 1 Commodity plastics market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value chain-based sizing & forecasting
Fig. 7 Parent market analysis
Fig. 8 Market formulation & validation
Fig. 9 Commodity plastics market snapshot
Fig. 10 Commodity plastics market segment snapshot
Fig. 11 Commodity plastics market competitive landscape snapshot
Fig. 12 Market research process
Fig. 13 Market driver relevance analysis (Current & future impact)
Fig. 14 Market restraint relevance analysis (Current & future impact)
Fig. 15 Commodity plastics market, product outlook key takeaways (USD Billion)
Fig. 16 Commodity plastics market product movement analysis (USD Billion), 2024 & 2030
Fig. 17 Polyethylene (PE) market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 18 Polypropylene (PP) market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 19 Polyvinyl Chloride (PVC) market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 20 Polyethylene Terephthalate (PET) market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 21 Polystyrene (PS) market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 22 Poly Methyl Methacrylate (PMMA) market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 23 Others market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 24 Commodity plastics market: End use outlook key takeaways (USD Billion)
Fig. 25 Commodity plastics market: End use movement analysis (USD Billion), 2024 & 2030
Fig. 26 Packaging market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 27 Building & construction market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 28 Electrical & electronics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 29 Automotive & transportation market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 30 Medical & pharmaceutical market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 31 Textile market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 32 Consumer durable Goods market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 33 Others market revenue estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 34 Regional marketplace: Key takeaways
Fig. 35 Commodity plastics market: Regional outlook, 2024 & 2030, USD Billion
Fig. 36 North America commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 37 U.S. commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 38 Canada commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 39 Europe commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 40 UK commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 41 Germany commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 42 France commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 43 Asia Pacific commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 44 Japan commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 45 China commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 46 India commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 47 Australia commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 48 South Korea commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 49 Latin America commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 50 Brazil commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 51 Mexico commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 52 MEA commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 53 GCC commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 54 South Africa commodity plastics market estimates and forecasts, 2018 - 2030 (USD Billion)
Fig. 55 Strategy framework
Fig. 56 Company Categorization

Companies Mentioned

  • BASF SE.
  • SABIC
  • DuPont de Nemours Inc.
  • Evonik Group
  • Sumitomo Chemical Co. Ltd.
  • Arkema
  • Eastman Chemical Company
  • Chevron Phillips Chemical Co., LLC
  • Exxon Mobil Corporation

Methodology

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Table Information

Report AttributeDetails
No. of Pages100
PublishedOctober 2024
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 498.2 Billion
Forecasted Market Value ( USD ) by 2030 $ 595.7 Billion
Compound Annual Growth Rate2.9%
Regions CoveredGlobal
No. of Companies Mentioned9

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