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The Remarkable Plastics Market

A powerful growing sector

Since its growth in 1945, the plastics market has shown itself to be profitable. With a broad product portfolio, the market stands out as a raw material for various segments - industrial, automobile, packaging, technology, food, electronics, medical, consumer goods, construction, among many others.

In financial terms, the global commodity plastics market was valued at $469.4 billion in 2020. The industry projects a level of $858.4 billion by 2030, growing at a CAGR - compound annual growth rate (CAGR) - of 6.3% from 2021 to 2030. An increase in demand for plastic products is expected, making investment in the sector very promising for stakeholders.
 
Since its growth in 1945, the plastics market has shown itself to be profitable. With a broad product portfolio, the market stands out as a raw material for various segments - industrial, automobile, packaging, technology, food, electronics, medical, consumer goods, construction, among many others...

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