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Global Polymer Market

Polymer Market size was valued at USD 629.4 billion in 2021 and is poised to grow from USD 659.81 billion in 2022 to USD 1046.15 billion by 2030, growing at a CAGR of 4.69% in the forecast period (2023-2030).<br><br>

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Global Polymer Market

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  1. Global Polymer Market Size, Share, Growth Analysis,- Industry Forecast 2023-2030 Polymer Market size was valued at USD 629.4 billion in 2021 and is poised to grow from USD 659.81 billion in 2022 to USD 1046.15 billion by 2030, growing at a CAGR of 4.69% in the forecast period (2023-2030). Polymers as a product are used in everyday life and therefore have high growth potential. Increasing plastic consumption in the construction, automotive, electrical & electronics industries is projected to support market growth. Plastics are those polymers that are highly demanded in the packaging industry, owing to their attributes, such as lightweight, flexibility, strength, etc. This demand is further accelerated by the recent covid crisis wherein the demand for packaged food increased. Another contributing factor is the increasing demand for polymers in the construction industry especially from emerging economies such as Brazil, China, India, etc. This is also due to increased investments and FDI in the constructionindustry. The Covid-19 pandemic negatively impacted the polymer industry due to the reduced demand and production of light vehicles; this is one sector where the polymer is used on a large scale. But because other industries where the demand for the polymer is high such as packaging, food processing, personal care, etc. have functioned throughout the crisis, this has given a boost to the market. On the other hand, because the covid cases are increasing the use of plastic in testing instruments, gloves, etc. has also increased thus, the growth of the market has been positive. View More Info @:https://www.skyquestt.com/report/polymer-market

  2. Polymer Market Top Players Company Profiles •ExxonMobil Chemical •BASF SE •Dow Chemical •SABIC •Sinopec •Mitsubishi Chemical Holdings Corporation •Formosa Plastics Corporation •LG Chem •Sumitomo Chemical •Chevron Phillips Chemical Company •Braskem •Covestro AG •Huntsman Corporation •Evonik Industries AG AboutUs: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address:

  3. 1 Apache Way, Westford, Massachusetts 01886 Phone: USA(+1)617-230-0741 Email: sales@skyquestt.com LinkedIn Facebook Twitter GLOBAL POLYMER SIZE GLOBAL POLYMER GROWTH GLOBAL POLYMER FORECAST

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