The global polymers market size is growing every day and is expected to reach over USD 838.5 billion by 2030, and the global demand for plastic products over 2021-2023 will rise by an annual average of 2.0- 3.0 parallel to the recovery of the global economy.
Plastic is a low cost material, so it is perfect for reducing manufacturing costs, and many industries depend on it such as transport, electronics, medicine, construction, agriculture, containers , and many more
The global plastic market accounted for $439.28 billion in 2021 and is expected to reach $616.82 billion in 2028, at a CAGR of 5.0% in the forecast period (2021-2028).