Global Polymer Market segmented by Type (Thermoplastics, Thermosets, Elastomers) by Material (Polyethylene, Polypropylene, Polyvinyl Chloride, Polyethylene Terephthalate, Polystyrene, Polyurethane) & by Region - Forecast and Analysis 2020-2027

 

The Polymer market was valued at USD 546 billion in 2020, and it is expected to reach a value of USD 579.19 Billion by 2027, at a CAGR of 4.20% over the forecast period (2022 - 2027).

Polymers as a product are used in everyday life and therefore has high growth potential. The market will thus grow at a modest CAGR of 4%. Increasing plastic consumption in the construction, automotive, and electrical & electronics industries is projected to support market growth. Plastics are those polymers that are highly demanded in the packaging industry, owing to their attributes, such as lightweight, flexibility, strength etc. This demand is further accelerated by the recent covid crisis wherein the demand for packaged food increased.

 

Know more https://skyquestt.com/report/polymer-market

 

Key players in Polymer market are:

  • LyondellBasell Industries N.V.
  • BASF SE
  • SABIC
  • Dow Inc.
  • DuPont de Nemours, Inc.
  • Evonik Industries
  • Sumitomo Chemical Co., Ltd.
  • Arkema

Get sample report https://skyquestt.com/buy-now/polymer-market

Scope of the Report

The study provides an analysis of the Global Polymer Market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value.

 

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