Plastic Resins Market - Top Companies and Manufacturers

Companies Dominating the Plastic Resin Landscape

The plastic resin market is poised to rise on account of the surging number of key players in reducing carbon footprint. This is encouraging automobile manufacturers to invest in innovative technologies to optimize manufacturing processes. The emerging trend of sustainable transportation has fostered investment in EV component production.

Some of the major players in the market include:

SABIC
- Company Overview
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- Financial Performance
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- Recent Development
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Evonik Industries AG
Dow
DuPont
Celanese Corporation
Eastman Chemical Company
Exxon Mobil Corporation
Formosa Plastics Corporation
LOTTE Chemical Corporation
Avient Corporation

Browse Key Market Insights with Data Illustration:

Plastic Resin Market Size & Share | Growth Trends 2036

In the News

April 14, 2022: SABIC succeeded in acquiring Clariant's 50% share in Scientific Design, a specialty company. Through this agreement, SABIC will become the sole owner of Scientific Design, the leading manufacturer of catalysts and licensor of high-performance process technologies.
April 19, 2022: Evonik has doubled the manufacturing capacity for isobutene derivatives at its Marl facility by spending over USD 10 billion.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of plastic resin was over USD 820.3 billion.

The market size for plastic resin is estimated to cross USD 1407.2 billion by the end of 2036 expanding at a CAGR of 4.6% during the forecast period i.e., between 2024-2036.

The major players in the market are SABIC, Evonik Industries AG, Dow, DuPont, and others.

The crystalline segment is anticipated to generate a share of 61.1% during 2024-2036.

The Asia Pacific plastic resin sector is poised to hold 40.1% share by the end of 2036.

Plastic Resins Market - Top Companies and Manufacturers

Companies Dominating the Plastic Resin Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the plastic resin industry?

What is the outlook for the plastic resin market?

Who are the major players dominating the plastic resin landscape?

Which segment will capture the significant market share for plastic resin by 2036?

Which region will provide more opportunities for the plastic resin business in the near future?