Global Plastomers Market Size & Outlook, 2023-2030
The global plastomers market size was estimated at USD 2,297.5 million in 2023 and is projected to reach USD 3,570.0 million by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
Revenue, 2023 (US$M)
$2,297.5
Forecast, 2030 (US$M)
$3,570.0
CAGR, 2024 - 2030
6.5%
Report Coverage
Worldwide
Global plastomers market, 2018-2030 (US$M)
Global plastomers market highlights
- The global plastomers market generated a revenue of USD 2,297.5 million in 2023 and is expected to reach USD 3,570.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.5% by 2030.
- In terms of segment, ethylene propylene accounted for a revenue of USD 2,297.5 million in 2023.
- Ethylene Propylene is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 2,297.5 million |
| Market revenue in 2030 | USD 3,570.0 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Ethylene propylene |
| Fastest growing segment | Ethylene Propylene |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Ethylene Propylene |
Other key industry trends
- In terms of revenue, the North America accounted for 28.5% of the global plastomers market in 2023.
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Plastomers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ExxonMobil | View profile | 10001+ | Irving, Texas, United States, North America | https://corporate.exxonmobil.com |
| Chevron Phillips Chemical | View profile | 5001-10000 | The Woodlands, Texas, United States, North America | http://www.cpchem.com/en-us/Pages/default.aspx |
| Westlake Corp | View profile | 15520 | 2801 Post Oak Boulevard, Suite 600, Houston, TX, United States, 77056 | https://www.westlake.com |
| Reliance Industries Ltd GDR - 144A | View profile | 389414 | 222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, India, 400021 | https://www.ril.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| SABIC | View profile | 10001+ | Riyadh, Ar Riyad, Saudi Arabia, Asia | http://www.sabic.com |
| Mitsui Chemicals Inc | View profile | 18933 | 1-5-2, Higashi-Shimbashi, Shiodome City Center, Minato-ku, Tokyo, Japan, 105-7122 | http://group.mitsuichemicals.com |
| LG Chem | View profile | 10001+ | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://www.lgchem.com |
| LyondellBasell Industries NV Class A | View profile | 20000 | One Vine Street, 4th Floor, London, United Kingdom, W1J0AH | https://www.lyondellbasell.com |
| Sumitomo Chemical Co Ltd | View profile | 37235 | 27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, Japan, 104-8260 | http://www.sumitomo-chem.co.jp |
| Dow Inc | View profile | 35900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | https://www.dow.com |
| Braskem SA ADR | View profile | 8569 | Rua Lemos Monteiro, 120-24 Andar, Butanta, SP, Brazil, CEP 05501-050 | https://www.braskem.com.br |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Global plastomers market size, by regions, 2018-2030 (US$M)
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