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The Remarkable Plastics Market

A powerful growing sector
Since its growth in 1945, the plastics market has shown itself to be profitable. With a broad product portfolio, the market stands out as a raw material for various segments - industrial, automobile, packaging, technology, food, electronics, medical, consumer goods, construction, among many others... See all
Since its growth in 1945, the plastics market has shown itself to be profitable. With a broad product portfolio, the market stands out as a raw material for various segments - industrial, automobile, packaging, technology, food, electronics, medical, consumer goods, construction, among many others.

In financial terms, the global commodity plastics market was valued at $469.4 billion in 2020. The industry projects a level of $858.4 billion by 2030, growing at a CAGR - compound annual growth rate (CAGR) - of 6.3% from 2021 to 2030. An increase in demand for plastic products is expected, making investment in the sector very promising for stakeholders.
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