Electronic and Consumer Good Plastic Trends and Forecast
The future of the global electronic and consumer good plastic market looks promising with opportunities in the household appliance, consumer electronic, electrical application, sport equipment, lighting equipment, toy, and footwear markets. The global electronic and consumer good plastic market is expected to reach an estimated $59 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are rising demand for lighting equipment and expanding consumer electronics industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Electronic and Consumer Good Plastic by Segment
The study includes a forecast for the global electronic and consumer good plastic by type, application, and region.
Electronic and Consumer Good Plastic Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Polyvinyl Chloride
• Polystyrene
• Polypropylene
• Acrylonitrile Butadiene Styrene
• Polytetrafluoroethylene
• Others
Electronic and Consumer Good Plastic Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Household Appliances
• Consumer Electronics
• Electrical Applications
• Sports Equipment
• Lighting Equipment
• Toys
• Footwear
• Others
Electronic and Consumer Good Plastic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Electronic and Consumer Good Plastic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electronic and consumer good plastic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electronic and consumer good plastic companies profiled in this report include-
• SABIC
• Solvay
• LyondellBasell
• INEOS Nova
• Trinseo
• Toray
• Chevron Phillips Chemical
Electronic and Consumer Good Plastic Market Insights
Lucintel forecasts that polypropylene will remain the largest segment over the forecast period due to its lightweight, heat and electricity-resistant, and cost-efficient characteristics.
Within this market, consumer electronic will remain the largest segment due to surge in disposable income and increasing consumer electronics demand.
APAC will remain the largest region over the forecast period due to changing lifestyle, surge in population growth, and cost-effective production in the region.
Features of the Global Electronic and Consumer Good Plastic Market
Market Size Estimates: Electronic and consumer good plastic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Electronic and consumer good plastic market size by type, application, and region in terms of value ($B).
Regional Analysis: Electronic and consumer good plastic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the electronic and consumer good plastic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electronic and consumer good plastic market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the electronic and consumer good plastic market size?
Answer: The global electronic and consumer good plastic market is expected to reach an estimated $59 billion by 2030.
Q2. What is the growth forecast for electronic and consumer good plastic market?
Answer: The global electronic and consumer good plastic market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the electronic and consumer good plastic market?
Answer: The major drivers for this market are rising demand for lighting equipment and expanding consumer electronics industry.
Q4. What are the major segments for electronic and consumer good plastic market?
Answer: The future of the electronic and consumer good plastic market looks promising with opportunities in the household appliance, consumer electronic, electrical application, sport equipment, lighting equipment, toy, and footwear markets.
Q5. Who are the key electronic and consumer good plastic market companies?
Answer: Some of the key electronic and consumer good plastic companies are as follows:
• SABIC
• Solvay
• LyondellBasell
• INEOS Nova
• Trinseo
• Toray
• Chevron Phillips Chemical
Q6. Which electronic and consumer good plastic market segment will be the largest in future?
Answer: Lucintel forecasts that polypropylene will remain the largest segment over the forecast period due to its lightweight, heat and electricity-resistant, and cost-efficient characteristics.
Q7. In electronic and consumer good plastic market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to changing lifestyle, surge in population growth, and cost-effective production in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the electronic and consumer good plastic market by type (polyvinyl chloride, polystyrene, polypropylene, acrylonitrile butadiene styrene, polytetrafluoroethylene, and others), application (household appliances, consumer electronics, electrical applications, sports equipment, lighting equipment, toys, footwear, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Electronic and Consumer Good Plastic Market, Electronic and Consumer Good Plastic Market Size, Electronic and Consumer Good Plastic Market Growth, Electronic and Consumer Good Plastic Market Analysis, Electronic and Consumer Good Plastic Market Report, Electronic and Consumer Good Plastic Market Share, Electronic and Consumer Good Plastic Market Trends, Electronic and Consumer Good Plastic Market Forecast, Electronic and Consumer Good Plastic Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.