Market Size of Asia-Pacific Thermoplastics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 6.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Thermoplastics Market Analysis
The market for Asia-Pacific thermoplastics is expected to grow at a CAGR of over 6% globally during the forecast period. Some of the prominent trends that the market is increasing capacity additions in downstream processing and rising applications in the automotive industry.
- Impact of COVID-19 pandemic and various environmental concerns related to thermoplastics are likely to hinder the market's growth.
- China dominated the Asia-Pacific thermoplastics market and is likely to continue its dominance through the forecast period.
