THE GLOBAL POLYMER MARKET IS EXPECTED TO REACH AN ESTIMATED $1,136 BILLION BY 2030

The Global Polymer Market is Expected to Reach an Estimated $1,136 Billion by 2030

The Global Polymer Market is Expected to Reach an Estimated $1,136 Billion by 2030

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According to a market report by Lucintel, the future of the global polymer market looks promising with opportunities in the packaging, building & construction, automotive, electrical & electronics, agriculture, and medical/healthcare markets. The global polymer market is expected to reach an estimated $1,136 billion by 2030 from $818 billion in 2023 at a CAGR of 4.8% from 2023 to 2030. The major drivers for this market are rising consumption of polymers in packaging and growing adoption of lightweight polymers.

In this market, polypropylene, polyethylene, polyvinyl chloride, polystyrene, and polyurethane are the major segments of polymer market by type.

Lucintel forecasts that polypropylene is expected to witness the highest growth over the forecast period.

Within this market, packaging is expected to witness the highest growth.

APAC is expected to witness the highest growth over the forecast period.

Exxon Mobil, LyondellBasell Industries N.V., Dow Chemical Company, SABIC, BASF, INEOS, Eni S.P.A, Chevron Phillips Chemical Company, LANXESS, and Sadara Chemical Company are the major suppliers in the polymer market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cast visit Lucintel’s Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056

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