Product Code: IRTNTR80181
Plastic Granules Market 2024-2028
The plastic granules market is forecasted to grow by USD 9796.6 mn during 2023-2028, accelerating at a CAGR of 3.3% during the forecast period. The report on the plastic granules market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for plastic granules in automotive industry, increasing use of recycled plastic granules in food and packaging, and high demand for plastic products among school children.
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.2% |
CAGR | 3.3% |
Incremental Value | $9796.6 mn |
Technavio's plastic granules market is segmented as below:
By Type
- Polyethylene
- Polypropylene
- Polyvinyl chloride
- Polyethylene terephthalate
- Others
By Form Factor
- Granules
- Recycled granules
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the growing demand for biodegradable plastic granules as one of the prime reasons driving the plastic granules market growth during the next few years. Also, enhanced safety measures for transporting plastic granules and expansion of plastic granule production facilities will lead to sizable demand in the market.
The report on the plastic granules market covers the following areas:
- Plastic Granules Market sizing
- Plastic Granules Market forecast
- Plastic Granules Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading plastic granules market vendors that include BASF SE, Braskem, Carbokene FZE, Covestro AG, Dow Inc., DuPont de Nemours Inc., Eastman Chemical Co., Exxon Mobil Corp., Formosa Plastics Corp., Global Plastic Industries, LG Chem Ltd., Liaocheng Fengya Chemical Co., Ltd., LyondellBasell Industries N.V., Mitsubishi Chemical Group Corp., Navkar Industries, Pebo SpA, Reliance Industries Ltd., Saudi Basic Industries Corp., TotalEnergies SE, and Wiwat Plastic. Also, the plastic granules market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Form Factor
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.3 Market size 2023
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Plastic Granules Market 2018 - 2022
- Historic Market Size - Data Table on Global Plastic Granules Market 2018 - 2022 ($ million)
- 5.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 5.3 Form Factor segment analysis 2018 - 2022
- Historic Market Size - Form Factor Segment 2018 - 2022 ($ million)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI in the Global Plastic Granules Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Type
- 8.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 8.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 8.3 Polyethylene - Market size and forecast 2023-2028
- Chart on Polyethylene - Market size and forecast 2023-2028 ($ million)
- Data Table on Polyethylene - Market size and forecast 2023-2028 ($ million)
- Chart on Polyethylene - Year-over-year growth 2023-2028 (%)
- Data Table on Polyethylene - Year-over-year growth 2023-2028 (%)
- 8.4 Polypropylene - Market size and forecast 2023-2028
- Chart on Polypropylene - Market size and forecast 2023-2028 ($ million)
- Data Table on Polypropylene - Market size and forecast 2023-2028 ($ million)
- Chart on Polypropylene - Year-over-year growth 2023-2028 (%)
- Data Table on Polypropylene - Year-over-year growth 2023-2028 (%)
- 8.5 Polyvinyl chloride - Market size and forecast 2023-2028
- Chart on Polyvinyl chloride - Market size and forecast 2023-2028 ($ million)
- Data Table on Polyvinyl chloride - Market size and forecast 2023-2028 ($ million)
- Chart on Polyvinyl chloride - Year-over-year growth 2023-2028 (%)
- Data Table on Polyvinyl chloride - Year-over-year growth 2023-2028 (%)
- 8.6 Polyethylene terephthalate - Market size and forecast 2023-2028
- Chart on Polyethylene terephthalate - Market size and forecast 2023-2028 ($ million)
- Data Table on Polyethylene terephthalate - Market size and forecast 2023-2028 ($ million)
- Chart on Polyethylene terephthalate - Year-over-year growth 2023-2028 (%)
- Data Table on Polyethylene terephthalate - Year-over-year growth 2023-2028 (%)
- 8.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 8.8 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Form Factor
- 9.1 Market segments
- Chart on Form Factor - Market share 2023-2028 (%)
- Data Table on Form Factor - Market share 2023-2028 (%)
- 9.2 Comparison by Form Factor
- Chart on Comparison by Form Factor
- Data Table on Comparison by Form Factor
- 9.3 Granules - Market size and forecast 2023-2028
- Chart on Granules - Market size and forecast 2023-2028 ($ million)
- Data Table on Granules - Market size and forecast 2023-2028 ($ million)
- Chart on Granules - Year-over-year growth 2023-2028 (%)
- Data Table on Granules - Year-over-year growth 2023-2028 (%)
- 9.4 Recycled granules - Market size and forecast 2023-2028
- Chart on Recycled granules - Market size and forecast 2023-2028 ($ million)
- Data Table on Recycled granules - Market size and forecast 2023-2028 ($ million)
- Chart on Recycled granules - Year-over-year growth 2023-2028 (%)
- Data Table on Recycled granules - Year-over-year growth 2023-2028 (%)
- 9.5 Market opportunity by Form Factor
- Market opportunity by Form Factor ($ million)
- Data Table on Market opportunity by Form Factor ($ million)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 11.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 11.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 11.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 11.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 11.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 11.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 11.10 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 11.11 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 11.12 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ million)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
- 11.13 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 11.14 Saudi Arabia - Market size and forecast 2023-2028
- Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
- Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ million)
- Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
- Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
- 11.15 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 11.16 Brazil - Market size and forecast 2023-2028
- Chart on Brazil - Market size and forecast 2023-2028 ($ million)
- Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
- Chart on Brazil - Year-over-year growth 2023-2028 (%)
- Data Table on Brazil - Year-over-year growth 2023-2028 (%)
- 11.17 Indonesia - Market size and forecast 2023-2028
- Chart on Indonesia - Market size and forecast 2023-2028 ($ million)
- Data Table on Indonesia - Market size and forecast 2023-2028 ($ million)
- Chart on Indonesia - Year-over-year growth 2023-2028 (%)
- Data Table on Indonesia - Year-over-year growth 2023-2028 (%)
- 11.18 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.1 Market drivers
- 12.2 Market challenges
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.1 Overview
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.1 Companies profiled
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 BASF SE
- BASF SE - Overview
- BASF SE - Business segments
- BASF SE - Key news
- BASF SE - Key offerings
- BASF SE - Segment focus
- SWOT
- 14.5 Carbokene FZE
- Carbokene FZE - Overview
- Carbokene FZE - Product / Service
- Carbokene FZE - Key offerings
- SWOT
- 14.6 Covestro AG
- Covestro AG - Overview
- Covestro AG - Business segments
- Covestro AG - Key news
- Covestro AG - Key offerings
- Covestro AG - Segment focus
- SWOT
- 14.7 Dow Inc.
- Dow Inc. - Overview
- Dow Inc. - Business segments
- Dow Inc. - Key news
- Dow Inc. - Key offerings
- Dow Inc. - Segment focus
- SWOT
- 14.8 DuPont de Nemours Inc.
- DuPont de Nemours Inc. - Overview
- DuPont de Nemours Inc. - Business segments
- DuPont de Nemours Inc. - Key news
- DuPont de Nemours Inc. - Key offerings
- DuPont de Nemours Inc. - Segment focus
- SWOT
- 14.9 Eastman Chemical Co.
- Eastman Chemical Co. - Overview
- Eastman Chemical Co. - Business segments
- Eastman Chemical Co. - Key news
- Eastman Chemical Co. - Key offerings
- Eastman Chemical Co. - Segment focus
- SWOT
- 14.10 Exxon Mobil Corp.
- Exxon Mobil Corp. - Overview
- Exxon Mobil Corp. - Product / Service
- Exxon Mobil Corp. - Key offerings
- SWOT
- 14.11 Formosa Plastics Corp.
- Formosa Plastics Corp. - Overview
- Formosa Plastics Corp. - Product / Service
- Formosa Plastics Corp. - Key news
- Formosa Plastics Corp. - Key offerings
- SWOT
- 14.12 LG Chem Ltd.
- LG Chem Ltd. - Overview
- LG Chem Ltd. - Business segments
- LG Chem Ltd. - Key news
- LG Chem Ltd. - Key offerings
- LG Chem Ltd. - Segment focus
- SWOT
- 14.13 LyondellBasell Industries N.V.
- LyondellBasell Industries N.V. - Overview
- LyondellBasell Industries N.V. - Business segments
- LyondellBasell Industries N.V. - Key news
- LyondellBasell Industries N.V. - Key offerings
- LyondellBasell Industries N.V. - Segment focus
- SWOT
- 14.14 Mitsubishi Chemical Group Corp.
- Mitsubishi Chemical Group Corp. - Overview
- Mitsubishi Chemical Group Corp. - Business segments
- Mitsubishi Chemical Group Corp. - Key news
- Mitsubishi Chemical Group Corp. - Key offerings
- Mitsubishi Chemical Group Corp. - Segment focus
- SWOT
- 14.15 Reliance Industries Ltd.
- Reliance Industries Ltd. - Overview
- Reliance Industries Ltd. - Business segments
- Reliance Industries Ltd. - Key news
- Reliance Industries Ltd. - Key offerings
- Reliance Industries Ltd. - Segment focus
- SWOT
- 14.16 Saudi Basic Industries Corp.
- Saudi Basic Industries Corp. - Overview
- Saudi Basic Industries Corp. - Business segments
- Saudi Basic Industries Corp. - Key offerings
- Saudi Basic Industries Corp. - Segment focus
- SWOT
- 14.17 TotalEnergies SE
- TotalEnergies SE - Overview
- TotalEnergies SE - Business segments
- TotalEnergies SE - Key news
- TotalEnergies SE - Key offerings
- TotalEnergies SE - Segment focus
- SWOT
- 14.18 Wiwat Plastic
- Wiwat Plastic - Overview
- Wiwat Plastic - Product / Service
- Wiwat Plastic - Key offerings
- SWOT
15 Appendix
- 15.1 Scope of the report
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.5 Data procurement
- 15.6 Data validation
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.8 Data synthesis
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations