Commodity Plastics Market - Top Companies and Manufacturers

Companies Dominating the Commodity Plastics Landscape

Competition in the commodity plastics market is intense, with significant competitors using new product lines, collaborations, and investments to grow. These major firms invest in R&D to develop new and improved products that meet consumer needs. To stay competitive, companies prioritize technical advancements and sustainable packaging solutions to meet the growing demand for eco-friendly products.

LG Chem
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

The Dow Chemical Company
Exxon Mobil Corporation
Chevron Phillips Chemical Company, LLC
BASF SE
DuPont
LyondellBasell Industries Holdings B.V.
Borealis AG
Braskem
Eni S.p.A
Formosa Plastics Corporation

Browse Key Market Insights with Data Illustration:

Commodity Plastics Market Size, Forecasts Report 2037

In the News

On May 16, 2024, Dow and Freepoint Eco-Systems Supply & Trading LLC entered into an partnership for the supply of approximately 65,000 metric tonnes per year of certified-circular, plastic waste-derived pyrolysis oil. This oil will be used by Dow at their U.S. Gulf Coast plants to create new polymers that are of the same quality as virgin-grade plastics. Dow and Freepoint Eco-Systems are collaborating to develop a recycling system that transforms plastic trash into valuable commodities, thereby promoting a circular economy for plastics in North America.
On March 20, 2024, LG Chem declared its intention to showcase environmental friendly plastic materials derived from carbon dioxide at Cosmoprof Bologna 2024, Italy, with the aim of attracting clients. LG Chem will showcase cosmetic containers created from 'Poly Ethylene Carbonate (PEC),' a cutting-edge substance derived from carbon dioxide, in partnership with its eco-conscious collaborator, COSMAX, at the EcoZone.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of commodity plastics is assessed at USD 530.22 billion.

The commodity plastics market size was over USD 504.78 billion in 2024 and is projected to reach USD 1.12 trillion by 2037, witnessing around 6.3% CAGR during the forecast period i.e., between 2025-2037. The growing use of commodity plastics for manufacturing disposable cups, polyester-based textiles, reusable bags, and magnetic tapes will drive the market growth.

Asia Pacific industry is estimated to account for largest revenue share of 50% by 2037, influenced by economic and healthcare growth in the region.

The major players in the market are The Dow Chemical Company, Exxon Mobil Corporation, Chevron Phillips Chemical Company, LLC, BASF SE, DuPont, LyondellBasell Industries Holdings B.V., Borealis AG, Braskem, Eni S.p.A, and others.

Commodity Plastics Market - Top Companies and Manufacturers

Companies Dominating the Commodity Plastics Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the commodity plastics market worth?

Why is the demand for commodity plastics growing?

Which region dominated the majority of commodity plastics industry share?

Who are the top commodity plastics companies?