The US thermoplastics market is expected to project a considerable CAGR during the forecast period. The US is one of the key markets for plastic packaging, owing to the massive demand generated for plastics from end-user industries. Along with the packaging industry, the construction industry is one of the major contributors to the US economy, as per the Associated General Contractors of America (AGC).
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The investment in infrastructure is anticipated to increase in the near future owing to the growing construction projects. Moreover, the automotive sector is another industry that has a considerable share in the US economy. Though the sales of automotive have decreased in the US, the sales of EVs (electric vehicles) and the installation of charging stations are expected to increase in the future. However, the uncertainty of recovery from the economic disruption of the COVID-19 pandemic has underlined weaknesses in durable goods demand, such as autos and light trucks.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
US Thermoplastics Market by Type
- Polyethylene (PE)
- Polypropylene (PP)
- Polystyrene (PS)
- Polyvinylchloride (PVC)
- Polyethylene Terephthalate (PET)
- Others
US Thermoplastics Market by Application
- Packaging
- Building & Construction
- Automotive
- Electrical & Electronics
- Household, Leisure & Sports
- Agriculture
- Others
Company Profiles
- Arkema Group
- Overview
- Arkema group in Thermoplastics Landscape
- Recent Developments
- Airex Industries Inc.
- BASF SE
- BioLogiQ Inc.
- Celanese Corp.
- Chevron Corp.
- Cope Plastics Inc.
- DuPont de Nemours, Inc.
- Eastman Chemical Co.
- Exxon Mobil Corp.
- Hexcel Corp.
- MBA Polymers, Inc.
- NOVA Chemicals Corp.
- Petoskey Plastics, Inc.
- Rogers Corp.
- The Dow Chemical Co.
- The Plastics Group of America (TPG)
- VIP Rubber Co., Inc.
- Wellman Advanced Materials, LLC
- Westlake Chemical Corp.
The Report covers:
- Comprehensive research methodology of the US thermoplastics market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US thermoplastics market.
- Insights about market determinants which are stimulating the US thermoplastics market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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