The Plastics Market for Electrical Appliances size was valued at USD 27.19 Billion in 2023 and the total plastics for Electrical Appliances revenue is expected to grow at a CAGR of 8% from 2024 to 2030, reaching nearly USD 46.60 Billion by 2030. The plastics market faces rising demand from diverse sectors like packaging, construction, and automotive, potentially limiting availability for electronics and consumer goods. Major players dominate electrical appliance plastics, while numerous manufacturers provide resins across grades and applications, expanding sales through robust distribution networks.To know about the Research Methodology :- Request Free Sample Report Plastics Market offer a wide range of favourable attributes that enable them to be utilized in design and development of various electronics & electrical appliances. Plastics are inseparable and the fundamental material used for manufacture of electrical appliance components. Plastics are easier to process and provide flexibility to design ergonomic devices. Plastics can be easily moulded and have excellent finishing which makes it an ideal choice across several applications. Growing demand for plastics in other applications including packaging, construction, and automotive, which is expected to lower its availability for electronics and consumer goods application. The Plastics Market for electrical appliances is dominated by few major manufacturers, while the remaining share is highly fragmented. Several resins are used in the manufacture of electrical appliance components. Several manufacturers offer a wide variety of resins in various grades for various applications. Furthermore, manufacturers increase their sales force by expanding and strengthening their distribution networks.
Plastics Market for Electrical Appliances Segment Analysis:
Based on Product, the Polycarbonate (PC) segment held the largest market share of about XX% in the Plastics Market for Electrical Appliances in 2023. According to the MMR analysis, the segment is further expected to grow at a CAGR of 8.1% during the forecast period. Polycarbonate (PC) plays a pivotal role in the plastics market due to its exceptional properties such as high impact resistance, optical clarity, and heat resistance. It is widely used in the production of appliance housings, structural components, and transparent covers where durability and aesthetic appeal are critical. PC's ability to withstand high temperatures makes it suitable for applications where thermal stability is required, such as in microwave oven doors or LED light covers. Its impact resistance ensures longevity and protection for delicate electronic components within appliances. Additionally, PC's transparency allows for the display of indicators or lighting elements without compromising visibility. Overall, PC remains a preferred choice in the electrical appliances segment for its versatile performance characteristics and reliability. In terms of region, Asia Pacific is projected to be a lucrative region of the Plastics Market for electrical appliances as presence of numerous manufacturing facilities for electronic products in the region has elevated the demand for plastics in Asia Pacific. Europe currently holds a significant share of the Plastics Market. Some of the key prominent market players in the Plastics Market for electrical appliances are Ineous Styrolution, LG Chem Ltd., BASF SE, Saudi Basic Industries Corporation (SABIC), ExxonMobil Corporation, LANXESS, Trinseo, Covestro AG, Toray Industries, Inc., LyondellBasell, Asahi Kasei Corporation, Mitsubishi Chemicals Corporation, Koninklijke DSM N.V.Plastics Market for Electrical Appliances Scope: Inquire before Buying
Plastics Market for Electrical Appliances Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 27.19 Bn. Forecast Period 2024 to 2030 CAGR: 8% Market Size in 2030: US $ 46.60 Bn. Segments Covered: by Product Polycarbonate (PC) Polypropylene (PP) Acrylonitrile Butadiene Styrene and Styrene-acrylonitrile (ABS & SAN) Low-density Polyethylene (LDPE/LLDPE) Polystyrene (PS) Polyvinyl Chloride (PVC) Polyamide (PA) Others by Application Household appliances Consumer Small Appliances Consumer Electronics Lighting equipment Toys Others Plastics Market for Electrical Appliances, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Plastics Market for Electrical Appliances Key Players:
1. Ineous Styrolution 2. LG Chem Ltd. 3. BASF SE 4. Saudi Basic Industries Corporation (SABIC) 5. ExxonMobil Corporation 6. LANXESS 7. Trinseo 8. Covestro AG 9. Toray Industries 10. LyondellBasell 11. Asahi Kasei Corporation 12. Mitsubishi Chemicals Corporation 13. Koninklijke DSM N.V. 14. Reliance Industries Limited 15. Eni S.p.A. 16. IRPC Public 17. SCG Chemicals 18. Petro Rabigh 19. Formosa Plastics 20. Hanwha Total Petrochemical Co. Ltd. 21. GS Caltex 22. SK Chemicals Frequently Asked Questions: 1. Which region has the largest share in Market? Ans: Asia-Pacific region held the highest share in 2023. 2. What is the growth rate of Market? Ans: The Global Plastics for Electrical Appliances Market is expected to grow at a CAGR of 8% during forecast period 2024-2030. 3. What is scope of the Global Plastics market for Electrical Appliances report? Ans: Global Plastics Market for Electrical Appliances report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Plastics for Electrical Appliances market? Ans: The important key players in the Global Plastics Market are – Ineous Styrolution, LG Chem Ltd., BASF SE, Saudi Basic Industries Corporation (SABIC), ExxonMobil Corporation, LANXESS, Trinseo, Covestro AG 5. What is the study period of this market? Ans: The Global Plastics Market for Electrical Appliances is studied from 2023 to 2030.
1. Plastics Market for Electrical Appliances Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Plastics Market for Electrical Appliances Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Key Players Benchmarking 2.3.1. Company Name 2.3.2. Segments 2.3.3. Revenue (2023) 2.4. Leading Plastics Market for Electrical Appliances Market Companies, by Market Capitalization 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 3. Plastics Market for Electrical Appliances Market: Dynamics 3.1. Market Trends by Region 3.1.1. North America Plastics Market for Electrical Appliances Market Trends 3.1.2. Europe Plastics Market for Electrical Appliances Market Trends 3.1.3. Asia Pacific Plastics Market for Electrical Appliances Market Trends 3.1.4. Middle East and Africa Plastics Market for Electrical Appliances Market Trends 3.2. Market Dynamics by Global 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Value Chain Analysis 3.6. Regulatory Landscape by Region 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. Middle East and Africa 3.6.5. South America 3.7. Analysis of Others Schemes and Initiatives for Plastics Market for Electrical Appliances Industry 4. Plastics Market for Electrical Appliances Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 4.1. Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 4.1.1. Polycarbonate (PC) 4.1.2. Polypropylene (PP) 4.1.3. Acrylonitrile Butadiene Styrene and Styrene-acrylonitrile (ABS & SAN) 4.1.4. Low-density Polyethylene (LDPE/LLDPE) 4.1.5. Polystyrene (PS) 4.1.6. Polyvinyl Chloride (PVC) 4.1.7. Polyamide (PA) 4.1.8. Others 4.2. Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 4.2.1. Household appliances 4.2.2. Consumer Small Appliances 4.2.3. Consumer Electronics 4.2.4. Lighting equipment 4.2.5. Toys 4.2.6. Others 4.3. Plastics Market for Electrical Appliances Market Size and Forecast, By Region (2023-2030) 4.3.1. North America 4.3.2. Europe 4.3.3. Asia Pacific 4.3.4. Middle East and Africa 4.3.5. South America 5. North America Plastics Market for Electrical Appliances Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 5.1. North America Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 5.1.1. Polycarbonate (PC) 5.1.2. Polypropylene (PP) 5.1.3. Acrylonitrile Butadiene Styrene and Styrene-acrylonitrile (ABS & SAN) 5.1.4. Low-density Polyethylene (LDPE/LLDPE) 5.1.5. Polystyrene (PS) 5.1.6. Polyvinyl Chloride (PVC) 5.1.7. Polyamide (PA) 5.1.8. Others 5.2. North America Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 5.2.1. Household appliances 5.2.2. Consumer Small Appliances 5.2.3. Consumer Electronics 5.2.4. Lighting equipment 5.2.5. Toys 5.2.6. Others 5.3. North America Plastics Market for Electrical Appliances Market Size and Forecast, by Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 5.3.1.1.1. Polycarbonate (PC) 5.3.1.1.2. Polypropylene (PP) 5.3.1.1.3. Acrylonitrile Butadiene Styrene and Styrene-acrylonitrile (ABS & SAN) 5.3.1.1.4. Low-density Polyethylene (LDPE/LLDPE) 5.3.1.1.5. Polystyrene (PS) 5.3.1.1.6. Polyvinyl Chloride (PVC) 5.3.1.1.7. Polyamide (PA) 5.3.1.1.8. Others 5.3.1.2. United States Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 5.3.1.2.1. Household appliances 5.3.1.2.2. Consumer Small Appliances 5.3.1.2.3. Consumer Electronics 5.3.1.2.4. Lighting equipment 5.3.1.2.5. Toys 5.3.1.2.6. Others 5.3.2. Canada 5.3.2.1. Canada Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 5.3.2.1.1. Polycarbonate (PC) 5.3.2.1.2. Polypropylene (PP) 5.3.2.1.3. Acrylonitrile Butadiene Styrene and Styrene-acrylonitrile (ABS & SAN) 5.3.2.1.4. Low-density Polyethylene (LDPE/LLDPE) 5.3.2.1.5. Polystyrene (PS) 5.3.2.1.6. Polyvinyl Chloride (PVC) 5.3.2.1.7. Polyamide (PA) 5.3.2.1.8. Others 5.3.2.2. Canada Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 5.3.2.2.1. Household appliances 5.3.2.2.2. Consumer Small Appliances 5.3.2.2.3. Consumer Electronics 5.3.2.2.4. Lighting equipment 5.3.2.2.5. Toys 5.3.2.2.6. Others 5.3.3. Mexico 5.3.3.1. Mexico Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 5.3.3.1.1. Polycarbonate (PC) 5.3.3.1.2. Polypropylene (PP) 5.3.3.1.3. Acrylonitrile Butadiene Styrene and Styrene-acrylonitrile (ABS & SAN) 5.3.3.1.4. Low-density Polyethylene (LDPE/LLDPE) 5.3.3.1.5. Polystyrene (PS) 5.3.3.1.6. Polyvinyl Chloride (PVC) 5.3.3.1.7. Polyamide (PA) 5.3.3.1.8. Others 5.3.3.2. Mexico Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 5.3.3.2.1. Household appliances 5.3.3.2.2. Consumer Small Appliances 5.3.3.2.3. Consumer Electronics 5.3.3.2.4. Lighting equipment 5.3.3.2.5. Toys 5.3.3.2.6. Others 6. Europe Plastics Market for Electrical Appliances Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 6.2. Europe Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 6.3. Europe Plastics Market for Electrical Appliances Market Size and Forecast, by Country (2023-2030) 6.3.1. United Kingdom 6.3.1.1. United Kingdom Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 6.3.1.2. United Kingdom Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 6.3.2. France 6.3.2.1. France Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 6.3.2.2. France Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 6.3.3. Germany 6.3.3.1. Germany Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 6.3.3.2. Germany Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 6.3.4. Italy 6.3.4.1. Italy Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 6.3.4.2. Italy Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 6.3.5. Spain 6.3.5.1. Spain Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 6.3.5.2. Spain Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 6.3.6. Sweden 6.3.6.1. Sweden Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 6.3.6.2. Sweden Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 6.3.7. Austria 6.3.7.1. Austria Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 6.3.7.2. Austria Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 6.3.8. Rest of Europe 6.3.8.1. Rest of Europe Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 6.3.8.2. Rest of Europe Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7. Asia Pacific Plastics Market for Electrical Appliances Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.2. Asia Pacific Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7.3. Asia Pacific Plastics Market for Electrical Appliances Market Size and Forecast, by Country (2023-2030) 7.3.1. China 7.3.1.1. China Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.3.1.2. China Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7.3.2. S Korea 7.3.2.1. S Korea Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.3.2.2. S Korea Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7.3.3. Japan 7.3.3.1. Japan Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.3.3.2. Japan Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7.3.4. India 7.3.4.1. India Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.3.4.2. India Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7.3.5. Australia 7.3.5.1. Australia Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.3.5.2. Australia Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7.3.6. Indonesia 7.3.6.1. Indonesia Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.3.6.2. Indonesia Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7.3.7. Malaysia 7.3.7.1. Malaysia Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.3.7.2. Malaysia Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7.3.8. Vietnam 7.3.8.1. Vietnam Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.3.8.2. Vietnam Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7.3.9. Taiwan 7.3.9.1. Taiwan Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.3.9.2. Taiwan Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 7.3.10. Rest of Asia Pacific 7.3.10.1. Rest of Asia Pacific Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 7.3.10.2. Rest of Asia Pacific Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 8. Middle East and Africa Plastics Market for Electrical Appliances Market Size and Forecast (by Value in USD Million) (2023-2030 8.1. Middle East and Africa Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 8.2. Middle East and Africa Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 8.3. Middle East and Africa Plastics Market for Electrical Appliances Market Size and Forecast, by Country (2023-2030) 8.3.1. South Africa 8.3.1.1. South Africa Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 8.3.1.2. South Africa Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 8.3.2. GCC 8.3.2.1. GCC Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 8.3.2.2. GCC Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 8.3.3. Nigeria 8.3.3.1. Nigeria Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 8.3.3.2. Nigeria Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 8.3.4. Rest of ME&A 8.3.4.1. Rest of ME&A Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 8.3.4.2. Rest of ME&A Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 9. South America Plastics Market for Electrical Appliances Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030 9.1. South America Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 9.2. South America Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 9.3. South America Plastics Market for Electrical Appliances Market Size and Forecast, by Country (2023-2030) 9.3.1. Brazil 9.3.1.1. Brazil Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 9.3.1.2. Brazil Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 9.3.2. Argentina 9.3.2.1. Argentina Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 9.3.2.2. Argentina Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 9.3.3. Rest Of South America 9.3.3.1. Rest Of South America Plastics Market for Electrical Appliances Market Size and Forecast, By Product (2023-2030) 9.3.3.2. Rest Of South America Plastics Market for Electrical Appliances Market Size and Forecast, By Application (2023-2030) 10. Company Profile: Key Players 10.1. Sempermed (U.S) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. LG Chem Ltd. 10.3. BASF SE 10.4. Saudi Basic Industries Corporation (SABIC) 10.5. ExxonMobil Corporation 10.6. LANXESS 10.7. Trinseo 10.8. Covestro AG 10.9. Toray Industries 10.10. LyondellBasell 10.11. Asahi Kasei Corporation 10.12. Mitsubishi Chemicals Corporation 10.13. Koninklijke DSM N.V. 10.14. Reliance Industries Limited 10.15. Eni S.p.A. 10.16. IRPC Public 10.17. SCG Chemicals 10.18. Petro Rabigh 10.19. Formosa Plastics 10.20. Hanwha Total Petrochemical Co. Ltd. 10.21. GS Caltex 10.22. SK Chemicals 11. Key Findings 12. Industry Recommendations 13. Plastics Market for Electrical Appliances Market: Research Methodology