Which industry uses the most plastic packaging?

Plastic use by sector In the chart we see plastic production allocation by sector for 2015. Packaging was the dominant use of primary plastics, with 42 percent of plastics entering the use phase. Building and construction was the second largest sector utilizing 19 percent of the total.

What industries rely on plastic?

In addition, plastic is also used in electrical and electronic industry (5.7 \%) and agriculture (3.4 \%). Other uses form a large part of plastic usage (22.7 \%) and include sectors such as consumer and household appliances, furniture, sport, health and safety.

Who is the biggest producer of plastic?

In 2019, China had a total share of approximately 31 percent of the global production of plastic materials, which made it the world’s largest plastic producer.

Which industry uses the most single-use plastic?

The study says 20 petrochemical companies are responsible for 55\% of the world’s single-use plastic waste.

What companies make the most plastic?

ExxonMobil tops the list – contributing 5.9 million tonnes to global plastic waste – closely followed by US chemicals company Dow and China’s Sinopec. One hundred companies are behind 90 per cent of global single-use plastic production.

What product uses the most plastic?

Cigarette butts — whose filters contain tiny plastic fibres — were the most common type of plastic waste found in the environment in a recent global survey. Drink bottles, bottle caps, food wrappers, grocery bags, drink lids, straws and stirrers were the next most common items.

Who are the major plastic producers?

CROW’s Top 10 Plastics and Resins Producers

• Dow Chemical. Global sales: $49 billion.
• Lyondell Basell. Global sales: $34.7 billion.
• Exxon Mobil. Global sales: $290 billion.
• SABIC. Global sales: $35.4 billion.
• INEOS. Global sales: $60 billion.
• BASF. Global sales: $65.4 billion.
• ENI. Global sales: $89.4 billion.
• LG Chem.

Who is the largest producer of plastic?

China
China: the plastic leader As the leading manufacturing economy and exporter of goods in the world, it is not surprising that China is the world’s largest producer of plastic as well. On a monthly basis, China’s plastic production ranges (on average) from between six and eight million metric tons.

What company is the biggest producer of plastic?

SABIC (Saudi Arabia Basic Industries Corporation) is the largest plastic producing companies across the globe. It is involved in business of chemicals and intermediates, manufacturing polymers, fertilizers, and metals.

How big is the plastics industry?

The global plastic market size increased from approximately 502 billion U.S. dollars in 2016 to 579.7 billion U.S. dollars in 2020. It is forecast that the global plastic market will increase to a value of 750.1 billion U.S. dollars by 2028, at a CAGR of 3.4 percent between 2021 and 2028.

Which company is best for plastic?

Top 10 Plastic Companies in India

• Jain Irrigation Systems Ltd.
• Kingfa Science & Technology India Ltd.
• Mayur Uniquoters Ltd.
• Nilkamal Ltd.
• Plastiblends India Ltd.
• Responsive Industries Ltd.
• Safari Industries India Ltd.
• Supreme Industries Ltd.

What is the plastic industry worth?

The global market for plastic products is growing at about 3\% year on year, according to research by The Business Research Company in its report Plastics Product Manufacturing Global Market 2017. It was worth $1.1 trillion in 2016, and will grow to $1.2 trillion by 2020.