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The Global Commodity Plastics Market size is projected to grow from USD 468.3 billion in 2020 to USD 596.1 billion by 2027, at a CAGR of 6% between 2021 and 2027. Ordinary plastics are lighter, wear-resistant, and structurally stable. It is easily recyclable and can be molded into a variety of shapes. They also have higher strength compared to other substitutes. General-purpose plastics are plastics used in bulk in a variety of applications such as packaging films, magnetic tape, photo tape, clothing, beverages, and trash cans. General-purpose plastics can also be used in a variety of household products where mechanical properties and service environments are not critical. This includes plates, shipping trays, cups, containers, medical trays, printed materials, and seed trays.
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A full report of Global Commodity Plastics Market is available at: https://www.orionmarketreports.com/commodity-plastics-market/58825/
The following Segmentation are covered in this report:
By Application
- Packaging
- Consumer Goods
- Electronics
- Automotive
- Textile
- Pharmaceuticals
By Type
- Polyethylene
- Polyethylene
- Polyvinyl chloride
- Polyethylene terephthalate
- Polystyrene
Key Players
Some of the key market players operating in the commodity plastics industry include Covestro, BASF SE, Mitsui Chemicals Inc., Eastman Chemical Corporation, INEOS, Mitsubishi Chemical Corporation, DIC Corp & RTP Company Huntsman Corporation, LyondellBasell, The Dow Chemical Co., Nippon Polyurethane Industry Corp Ltd., Woodbridge Foam Corp., Lubrizol Corporation, and The Rampf Holding GmbH & Co. KG.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Commodity Plastics Market.
- The market share of the global Commodity Plastics Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Commodity Plastics Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Commodity Plastics Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
