Market Overview:
The global Commodity Plastic Market, during the forecast
period 2016 to 2022, will register growth at a CAGR of 5.56%. The market for
commodity plastic is set to reach US$439 billion by 2022. As per Commodity
Plastic Market analysts, the global market is anticipated to witness growth
owing to the factors such as growing application of commodity plastics in
end-user sectors as well as growing
demand for light weight vehicle. However, the Commodity Plastic Market will
face challenges and restraints due to unstable petrochemical prices and
stringent rules and regulations during the forecast period 2016 to 2022.
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The expansion of automotive production in the Commodity
Plastic Market is set to play a key role in determining the growth potential
during 2016 to 2022years. Analysts have also studied the Commodity Plastic
Market to understand potential threats and challenges the Commodity Plastic
Market companies could face. Although the Commodity Plastic Market is poised to
grow at a fast pace across applications and type segments, factors such as the
imposition of stringent rules could slow down the Commodity Plastic Market's
growth worldwide.
Competitive Landscape
Commodity plastic has seen increased demand over the years,
due to Commodity Plastic Market development and demand for light vehicles.
Companies functioning in the global Commodity Plastic Market are also being challenged due to
growing awareness about the toxic impact and growing concerns for environmental
impact of plastic. Mergers and acquisitions by Commodity Plastic Market
companies are anticipated to help the market during the forecast period 2016 to
2022. As the Commodity Plastic Market is set to register a high CAGR of 5.56%
and is also anticipated to reach a US$439 billion by 2022, the report
highlights key areas companies need to focus on.
The report suggests that the Commodity Plastic Market will
see a healthy growth in the long run till 2022. Based on SWOT analysis and Commodity
Plastic Market’s analysis based on Porters’ Five Force Model presented in the Commodity
Plastic Market report. Mergers and acquisitions by Commodity Plastic Market
companies are anticipated to help the market during the forecast period 2016 to
2022.
Market Segmentation
The Commodity Plastic Market has been segmented into
applications and type. Based on the segment which is applications, the market
is categorized on the basis of automotive, consumer goods, electronics,
packaging, pharmaceuticals, textile, and others. The global market for
commodity plastic is further segmented based on type into polyethylene,
polyethylene terephthalate, polypropylene, polypropylene, polystyrene, and
others.
The global Commodity Plastic Market research report covers
all the aspects of the Commodity Plastic Market based on the segmental analysis
of these applications and type segments. Analysts have also studied the global Commodity
Plastic Market's regional markets spread across many continents and countries.
The applications and type segments along with their sub-segments have been
analyzed and companies functioning in the Commodity Plastic Market across these
segments are profiled and analyzed based on input and feedback from Commodity
Plastic Market based decision makers as well as primary and secondary sources.
The Commodity Plastic Market research report presents analysis based
information for companies functioning in the Commodity Plastic Market.
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Regional Overview
Fluctuations in the price of petrochemicals may hinder the Commodity
Plastic Market growth. The market research report suggests that companies in
the Commodity Plastic Market could be supported by extensive applications of
plastics in the packaging and other sectors as well as the growing need for
packaging bottles during the forecast period. The Commodity Plastic Market is
set to register growth at a high CAGR owing to these key factors. The Commodity
Plastic Market is spread across North America, Europe, Asia-Pacific, and other
parts of the world. The global Commodity Plastic Market research report reveals
that APAC, North America, and Europe regional Commodity Plastic Markets will
dominate the global market for commodity plastic during the forecast period
2016 to 2022.
As per Commodity Plastic Market analysts, the market is set
to witness tremendous growth across polyethylene and polypropylene segments in
North America which covers Commodity Plastic Markets across the United States,
Canada, Mexico and several other regional markets. Companies active in the Commodity
Plastic Market are also analyzed and studied in the Commodity Plastic Market
research report.
The Commodity Plastic Market for Europe covers smaller market
segments of Germany, Italy, France, and the United Kingdom. Additionally, the Commodity
Plastic Market research report covers the Asia-Pacific region covering Commodity
Plastic Markets from India, China, Japan, Australia, and others. The Commodity
Plastic Market is also spread across the rest of the world. The Commodity
Plastic Market report covers all such regions including the Middle East,
Africa, Brazil, and others.
Industry News
IPL Plastics Inc. is acquired by Madison Dearborn Partners.
The Board formed an independant special committee in response to numerous
confidential inquiries and tentative recommendations made by private equity
supporters from North America and Europe who wished to discuss the possible
company privatisation transaction. The Special Committee is chairmed by Rose
Hynes. It is composed, under the terms of the corporate and securities
legislation, of Sharon Pel and Hugh McCutcheon, both separate from the company
and the CDPQ.
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