Commodity Plastic Market, By Type, By End-Use Industry, By Geography

Description

Global Commodity Plastic Market is estimated to be valued at USD 630.90 Bn in 2025 and is expected to reach USD 968.23 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.3% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 630.90 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	6.30%	2032 Value Projection:	USD 968.23 Bn

Figure. Commodity Plastic Market Share (%), By Region 2025

The global commodity plastic market has experienced steady growth over the past few decades. Commodity plastics refer to bulk plastics that are manufactured in high volumes and are widely used across industries due to their versatility and cost-effectiveness. Some key commodity plastics include polyethylene (PE), polyvinyl chloride (PVC), polystyrene (PS), polypropylene (PP), and polyethylene terephthalate (PET). These plastics find widespread application in the packaging, construction, automotive, consumer goods, and various other industrial sectors owing to properties such as durability, moldability, and resistance to corrosion. Rapid industrialization and urbanization along with growing plastic consumption per capita have been fostering the demand for commodity plastics globally.

Market Dynamics:

Rising plastic consumption across various end-use industries has been a major growth driver for the global commodity plastic market. Plastics are increasingly substituting traditional materials in diverse applications due to their lightweight and low-cost advantages. Moreover, steady investments in infrastructure development and construction activities in emerging economies are further augmenting the plastic demand. However, stringent environmental regulations regarding plastic disposal and recycling may hamper the market growth. On the other hand, the development of bio-based and recyclable plastics is expected to present lucrative opportunities for market expansion in the coming years.

Key Features of the Study:

This report provides an in-depth analysis of the global commodity plastic market, and provides market size (US$ Bn & KT) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global commodity plastic market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Exxon Mobil, LG Chem, Sumitomo Chemical, The Dow Chemical Company, SABIC, BASF SE, LyondellBasell, Sinopec, Ineos, Formosa Plastics, Mitsubishi Chemical, Borealis AG, Chevron Phillips, Chemical, ENI SpA, Reliance Industries, Braskem, Hanwha Chemical, Lotte Chemical, and Indian Oil
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global commodity plastic market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global commodity plastic market

Market Segmentation

By Type:
- PE
- PP
- PVC
- PS
- ABS
- Others (PET, etc.)
By End Use Industry:
- Packaging
- Construction
- Consumer Goods
- Automotive
- Electronics
- Textiles
- Medical & Pharmaceutical
- Others (agricultural films, sports equipment, etc.)
By Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Exxon Mobil
- LG Chem
- Sumitomo Chemical
- The Dow Chemical Company
- SABIC
- BASF SE
- LyondellBasell
- Sinopec
- Ineos
- Formosa Plastics
- Mitsubishi Chemical
- Borealis AG
- Chevron Phillips
- Chemical
- ENI SpA
- Reliance Industries
- Braskem
- Hanwha Chemical
- Lotte Chemical
- Indian Oil

Product Code: CMI6777

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By End-Use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Commodity Plastic Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Commodity Plastic Market - COVID-19
Impact Analysis

5. Global Commodity Plastic Market, By Type, 2020-2032, (US$ Bn & KT)

Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
PE
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
PP
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
PVC
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
PS
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
ABS
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Others (PET, etc.)
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends

6. Global Commodity Plastic Market, By End-Use Industry, 2020-2032 (US$ Bn & KT)

Introduction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Packaging
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Construction
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Consumer Goods
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Automotive
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Electronics
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Textiles
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Medical & Pharmaceutical
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends
Others (agricultural films, sports equipment, etc.)
- Market Share Analysis, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, 2020 - 2032
- Segment Trends

7. Global Commodity Plastic Market, By Region, 2020-2032 (US$ Bn & KT)

Introduction
- Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2021 - 2032
North America
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020 - 2032
- Market Size and Forecast, By Type, 2020 - 2032 (US$ Bn & KT)
- Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Bn & KT)
- Countries
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020 - 2032
- Market Size and Forecast, By Type, 2020 - 2032 (US$ Bn & KT)
- Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Bn & KT)
- Countries
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020 - 2032
- Market Size and Forecast, By Product, 2020 - 2032 (US$ Bn & KT)
- Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Bn & KT)
- Countries
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, By Country, 2020 - 2032
- Market Size and Forecast, By Product, 2020 - 2032 (US$ Bn & KT)
- Market Size and Forecast, By End-Use Industry, 2020 - 2032 (US$ Bn & KT)
- Countries
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Market Share Analysis, By Region/Country, 2025, 2028 and 2032 (%)
- Y-o-Y Growth Analysis, By Region/Country, 2020 - 2032
- Market Size and Forecast, By Product, 2020- 2032 (US$ Bn & KT)
- Market Size and Forecast, By End-Use Industry, 2020- 2032 (US$ Bn & KT)
- Sub-Regions/Countries
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- Exxon Mobil
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- LG Chem
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Sumitomo Chemical
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- The Dow Chemical Company
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- SABIC
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- BASF SE
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- LyondellBasell
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Sinopec
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Ineos
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Formosa Plastics
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Mitsubishi Chemical
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Borealis AG
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Chevron Phillips
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Chemical
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- ENI SpA
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Reliance Industries
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Braskem
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Hanwha Chemical
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Lotte Chemical
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Indian Oil
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates

9. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact