Global Electrical Plastic market cagr 7.4%

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Electrical Plastic Market

Electrical Plastic Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Electrical Plastic Market Size and Growth

The global electrical plastic market research report highlights market conditions, trends, and growth opportunities. The market size is estimated at $20 billion, driven by increasing demand for lightweight and durable components in electrical devices. Key players include BASF, DuPont, and SABIC. Opportunities lie in the Asia-Pacific region due to rapid industrialization.

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Companies Covered (Covid 19 Impact Covered)

◍ Braskem

◍ Nova Chemicals

◍ AEP Industries

◍ American Packaging Corporation

◍ BASF

◍ BWAY

◍ Chevron Phillips Chemical Company

◍ Dow Chemical

◍ DuPont

◍ Eastman Chemical

◍ Exxon Mobil Chemical

◍ Formosa Plastics

◍ NatureWorks

◍ North American Pipe Corporation

◍ PolyOne

The competitive landscape of the Electrical Plastic Market includes companies like Braskem, Nova Chemicals, AEP Industries, American Packaging Corporation, BASF, BWAY, Chevron Phillips Chemical Company, Dow Chemical, DuPont, Eastman Chemical, Exxon Mobil Chemical, Formosa Plastics, NatureWorks, North American Pipe Corporation, and PolyOne. These companies offer a wide range of electrical plastic products to cater to the growing demand in the market.

- Braskem: $13.1 billion sales revenue

- BASF: $69.9 billion sales revenue

- Dow Chemical: $35 billion sales revenue

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Market Segmentation

By Application

◍ Protection Devices

◍ Electric Wires & Cables

◍ High/Low-Voltage Electric Equipment's

◍ Power Capacitors

◍ Others

By Product

◍ Halogenated

◍ Non-halogen

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$ X Billion USD
Market Growth
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