The Business Research Company’s latest report Plastic Material And Resins Global Market Report 2020 covers Plastic Material And Resins market drivers, Plastic Material And Resins market trends, Plastic Material And Resins market segments, Plastic Material And Resins market growth rate, Plastic Material And Resins market major players, and Plastic Material And Resins market size. The report provides in-depth analysis of the impact of COVID-19 on the Plastic Material And Resins industry, along with revised market numbers due to the effects of the coronavirus.
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Plastic Material And Resins Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global plastic material and resins market is expected to decline from $614 billion in 2019 to $607.2 billion in 2020 at a compound annual growth rate (CAGR) of -1.2%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of % from 2021 and reach $599.9 billion in 2023.
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The report covers the plastic material and resins market’s segments-
1) By Type: Polypropylene-Plastic Material And Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material And Resins, Others - Plastic Material And Resins
2) By End-User Industry: Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Others.
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