Global Plastics MarketS

1. Orion Market Research Orion Market Research Global Plastics Market COVID-19 Impact Analysis, Forecast 202 19 Impact Analysis, Forecast 2021-2027 Plastics MarketShare, Size, Future Outlook, Future Outlook, 7 Request a Free Sample of our Report on eport on Plastics Market: https://www.omrglobal.com/request https://www.omrglobal.com/request-sample/plastics-market Company Name: Orion Market Research Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Email: info@omrglobal.com Contact no:+91 780-304-0404 0404

2. Global plastics market is estimated to reach $653.2 billion in 2027, growing at a CAGR of 6.7% during the forecast period (2021-2027). The increasing consumption of plastics in various end-user industries, such as automotive, building & construction, electrical & electronics, among others, tend to drive the growth of the global plastics market. The impact of COVID-19 on the petrochemical including the oil & gas industry will jolt the global economy. Global superpowers such as the US and EU regions have been severely impacted by the COVID-19 crisis. It is impacting all the concerned petrochemical companies such as engineering companies, contractors, original equipment manufacturers (OEMs), and various services providers. Crude oil is an essential element to produce all petrochemical and petroleum products. The recent downfall in the prices of crude oil is clearly showing the status of the petrochemical industry. Crude petroleum is an important input used in the production of organic chemicals, which in turn, are used as inputs into the production of more-processed goods, such as plastics products. (Get 15% Discount on Buying this Report) Get Report Sample Copy @ https://www.omrglobal.com/request-sample/plastics-market Growing Demand for Plastics Market Plastic is one of the most used engineered materials in Asia-Pacific that has also come out as a critical industrial sector during the last few decades. The available economical labor, vast population and fast development of plastics wastes recycling industries have given Asia a huge potential advantage to compete in the global market. A Full Report of Global Plastics Marketis Available at: https://www.omrglobal.com/industry-reports/plastics-market There is a significant demand for SAN thermoplastics in the production of the toothbrush handle, hangers, food containers, personal computers, televisions, and handheld devices, which, in turn, will boost SAN market size. Furthermore, the high demand for electrical & electronic appliances is expected to fuel the SAN thermoplastics market. However, the major restraint for the SAN market is the acceptance of substitutes owing to the increasing health and environmental concern related to styrene which is used as a raw material in manufacturing the product. The industry is expected to face certain challenges such as product commoditization, fluctuation of crude oil prices, and shift in customer preferences for organic chemicals. Scope of the Global Plastics Market Market Coverage  The market number available - 2020-2027

3.     Base year- 2020 Forecast period- 2021-2027 Segment Covered- By Material Type and Application type Regions Covered- North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World. Competitive Landscape- Basf Se, ExxonMobil Corp, Sabic, Sumitomo Corp, The Dow Chemical Company  Recent Strategic Initiatives in the Global Plastics Market  In October 2020, Teijin Ltd. declared that it has qualified its carbon fiber-based materials TenaxThermoPlastic Woven Fabric (TPWF) and TenaxThermoPlastic Consolidated Laminate (TPCL) by Collins Aerospace, a unit of Raytheon Technologies Corp., one of the manufacturers of aircraft structural components.  In August 2019, Sumitomo Chemical acquired EmasPlastik A.S. and its affiliated companies (the Emas Group), a major plastic compounder group in Turkey through Sumika Polymer Compounds Europe Ltd., a Sumitomo Chemical's subsidiary. This aims to further advance the global development of its polypropylene compound business. Global Plastics Market -Segmentation BY MATERIAL Thermoset Plastic Thermoplastic BY APPLICATION Packaging Building & Construction Automotive Electrical & Electronics Household, Leisure, And Sports Agriculture Others Global Plastics Market– Segment by Country North America United States Canada Europe

4. UK Germany Italy Spain France Rest of Europe Asia-Pacific China India Japan Rest of Asia-Pacific Rest of the World Company Profiles Airex Industries Inc. Arkema Group Aryasasol Polymer Co. Asahi Kasei Group Basf Se 107 Biologiq, Inc. Borouge Pte Ltd. Braskem S.A. Celanese Corp. Chevron Corp. Chimei Corp. Cope Plastics, Inc. Dupont De Nemours, Inc. Eastman Chemical Co. Reasons to Buying From us – 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For More Customized Data, Request for Report Customization @

5. https://www.omrglobal.com/report-customization/plastics-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 780-304-0404