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In 2025, the global plastics and rubber market manufacture added value of about billion U.S. dollars. The plastics and rubebr market is projected to grow in the coming years to reach a value added of manufacture of more than *billion U.S. dollars by 2029.Â
Global plastics production amounted to million metric tons in 2024, representing an increase on the previous year. Global plastic production has more than doubled since the turn of the century and is set to continue growing due to rising populations, increased buying power, and further demands for plastic goods.
Plastics have been a ubiquitous part of modern life for some time. However, there have been growing concerns over its environmental impacts recently. This has resulted in an increased demand for more eco-friendly materials, such as biodegradable plastics. The global biodegradable plastics market is projected to reach a value of more than ** billion U.S. dollars by 2026.
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Overview
Segments
Trade
Production & consumption
Plastic waste
* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.
