Plastic Pellet Market By Pellet Type ( PP, PE, PET, ABS, PVC, LDPE, HDPE ), By Application ( Packaging, Machinery, Electronics, Automotive, Construction ), Industry Trends, Estimation & Forecast, 2017 - 2025

March 2018

 Pages: 162

 ERC 9722


Plastic Pellet Market is expected to grow with a CAGR of XX% during the forecast period of 2018 to 2025.

Plastic pellets, also known as nurdles, are small disc-shaped granules that are heated, molded and transformed into final plastic products. The demand or growth of plastic pellets is linked to the demand for plastic products in the global market, as plastic pellets are the raw materials used for manufacturing the plastic products. As per the data revealed by PlasticsEurope, the global plastic production has increased by nearly 8.6% year-on-year. In 2016, the global plastic materials production was 280 million tonnes, of which Asia (China) accounted for a major share of the market followed by Europe and NAFTA. This depicts the high potential of plastic pellet market in regions like Asia, Europe, and NAFTA. Moreover, India Brand Equity Foundation has stated that in India, the consumption of plastic within the domestic market is expected to reach 20 million metric tonnes by the year 2020. Such notable statistics are expected to fuel the growth of plastic pellets market and offer lucrative opportunities during the upcoming years. However, the accidental release of these pellets in the environment leads to pollution in the natural ecosystem. According to a UK based research study, approximately between 5 and 53 billion plastic pellets are accidentally released in the environment every year. The environmental concerns raised due to the harmful effects of plastics is hampering the growth of global plastic pellet market. Plastics have become an integral part of a man’s daily life and thus the global market of plastic pellets is expected to grow during the upcoming years.
The report provides detailed qualitative and quantitative analysis of the global plastic pellet market. Market size and forecast in terms of value and volume has been provided for the period - (2017 - 2025), for the segments namely pellet type, and application in each of the major regions of the world.

Global Plastic Pellet Market Player Analysis -

The report presents detailed analysis of major players operating in global plastic pellet market. Few of them include Sabic, Dow, INEOS, BASF, Dupont, ExxonMobil, Lyondellbasell, Chevron Phillips Chemical, Formosa, and LG Chemical. Detailed coverage on these market players with information on their revenue from plastic pellet business, market share, gross margin and their growth strategies have been provided in the report.

Market Segmentation

Global plastic pellet market is segmented on the basis of pellet type, application, and geography. By pellet type, the market is segmented into PP, PE, PET, ABS, PVC, LDPE, HDPE, and Others. On the basis of application, the market is categorized into packaging, machinery, electronics, automotive, construction, and others. Geographical coverage has been provided for each of the major regions including North America, Europe, Asia-Pacific, South America and Rest of the World.

Plastic Pellet Market Segmentation

By Pellet type
   • PP
   • PE
   • PET
   • ABS
   • PVC
   • LDPE
   • HDPE
   • Other

By Application
   • Packaging
   • Machinery
   • Electronics
   • Automotive
   • Construction
   • Others

By Geography
   • North America
           o U.S.
           o Canada
           o Mexico
   • Europe
           o U.K.
           o France
           o Germany
           o Italy
           o Spain
           o Rest of Europe
   • Asia-Pacific
           o China
           o Japan
           o India
           o Korea
           o Rest of APAC
   • South America
           o Brazil
           o Rest of South America
   • Rest of the World
           o Middle East
           o Africa

Plastic Pellet Market Key Players

• Sabic
• Dow
• Dupont
• ExxonMobil
• Lyondellbasell
• Chevron Phillips Chemical
• Formosa
• LG Chemical

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    What Information does this report contain?

    • What was the market size of the Plastic Pellet Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Plastic Pellet Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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