PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1681459
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1681459
Global Plastics in Consumer Electronics Market Size Study, By Product, By End-use, And Regional Forecasts 2022-2032
The Global Plastics in Consumer Electronics Market was valued at USD 6.24 billion in 2023 and is projected to expand at a CAGR of 2.5% from 2024 to 2032, reaching USD 7.79 billion by 2032. The market growth is primarily driven by rising demand for lightweight, durable, and high-performance materials in electronic devices, increasing adoption of bioplastics, and advanced polymer formulations in manufacturing consumer electronics.
Plastics play a crucial role in enhancing the design, durability, and functionality of electronic products, as they provide high impact resistance, optical clarity, and thermal stability. The growing trend toward miniaturization of electronics, rising penetration of IoT devices, and advancements in sustainable plastic alternatives are expected to drive further innovations in the industry. For instance, bioplastics and recyclable plastics are gaining traction as manufacturers prioritize sustainability and regulatory compliance.
As smartphones, wearables, and smart home devices continue to evolve, manufacturers are increasingly utilizing polycarbonate (PC), liquid crystal polymers (LCP), and bio-based polycarbonates to meet lightweight, energy-efficient, and aesthetic requirements. Moreover, the rise of 3D printing in consumer electronics manufacturing is enabling greater customization and rapid prototyping, further stimulating demand for advanced plastic materials.
From a regional perspective, Asia Pacific held the largest market share of 68.1% in 2024, owing to the presence of major electronics manufacturers, rising disposable income, and growing demand for advanced consumer electronics. North America is projected to grow at the fastest CAGR of 2.5%, fueled by sustainability-driven material innovations, regulatory pressure to reduce plastic waste, and increasing investment in smart device manufacturing.
Major Market Players Included in This Report:
- Trinseo PLC
- Covestro AG
- Celanese Corporation
- SABIC
- Lotte Chemical Corp.
- LG Chem
- Mitsubishi Chemical Group Corporation
- SAMSUNG SDI Co., Ltd.
- DSM-firmenich
- Kuraray Co. Ltd.
- Qingdao GON Science & Technology Co., Ltd.
The Detailed Segments and Sub-Segment of the Market Are Explained Below:
By Product:
- Polycarbonate (PC)
- Liquid Crystal Polymers (LCP)
- PC/ABS Glass Filled Resins
- Bio-based Polycarbonate Resin
- Thermoplastic Elastomers
- Polyamides
By End-use:
- TV Frames
- Laptop Monitor Enclosures
- LCP Panels
- Portable Hand Held Devices
- Wearables
- Mobile Phone Bodies
- Appliances & White Goods
- Others
By Region:
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
Years Considered for the Study:
- Historical Year - 2022
- Base Year - 2023
- Forecast Period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years (2022-2032)
- Annualized Revenue and Regional-Level Analysis for each market segment
- Competitive Landscape Analysis with information on major market players
- Insights into Key Business Strategies, Growth Drivers, and Challenges
- Supply & Demand Side Analysis of the market
Table of Contents
Chapter 1. Global Plastics in Consumer Electronics Market Executive Summary
- 1.1. Global Plastics in Consumer Electronics Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By End-use
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Plastics in Consumer Electronics Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Plastics in Consumer Electronics Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising Demand for Lightweight & High-Performance Plastics
- 3.1.2. Increasing Adoption of Sustainable & Recyclable Plastics
- 3.1.3. Growth in Smart Devices & Wearables Market
- 3.2. Market Challenges
- 3.2.1. Environmental Concerns Related to Plastic Waste
- 3.2.2. Stringent Government Regulations on Plastic Usage
- 3.3. Market Opportunities
- 3.3.1. Expansion of Bio-based Plastics in Consumer Electronics
- 3.3.2. Innovations in 3D Printing & High-Performance Polymers
Chapter 4. Global Plastics in Consumer Electronics Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunities
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Plastics in Consumer Electronics Market Size & Forecasts by Product (2022-2032)
- 5.1. Segment Dashboard
- 5.2. Global Plastics in Consumer Electronics Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Polycarbonate (PC)
- 5.2.2. Liquid Crystal Polymers (LCP)
- 5.2.3. PC/ABS Glass Filled Resins
- 5.2.4. Bio-based Polycarbonate Resin
- 5.2.5. Thermoplastic Elastomers
- 5.2.6. Polyamides
Chapter 6. Global Plastics in Consumer Electronics Market Size & Forecasts by End-use (2022-2032)
- 6.1. Segment Dashboard
- 6.2. Global Plastics in Consumer Electronics Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. TV Frames
- 6.2.2. Laptop Monitor Enclosures
- 6.2.3. LCP Panels
- 6.2.4. Portable Hand Held Devices
- 6.2.5. Wearables
- 6.2.6. Mobile Phone Bodies
- 6.2.7. Appliances & White Goods
- 6.2.8. Others
Chapter 7. Global Plastics in Consumer Electronics Market Size & Forecasts by Region (2022-2032)
- 7.1. North America Plastics in Consumer Electronics Market
- 7.1.1. U.S. Plastics in Consumer Electronics Market
- 7.1.2. Canada Plastics in Consumer Electronics Market
- 7.1.3. Mexico Plastics in Consumer Electronics Market
- 7.2. Europe Plastics in Consumer Electronics Market
- 7.3. Asia-Pacific Plastics in Consumer Electronics Market
- 7.4. Latin America Plastics in Consumer Electronics Market
- 7.5. Middle East & Africa Plastics in Consumer Electronics Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Trinseo PLC
- 8.1.2. Covestro AG
- 8.1.3. Celanese Corporation
- 8.2. Top Market Strategies
- 8.3. Company Profiles
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
