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North America Circular Polymers Market Size, Share & Industry Trends Analysis Report By Form, By Application (Food Packaging, Adhesives & Sealants, Interior & Exterior Components, Wires & Cables, and Others), By End-use, By Type, By Country and Growth For

Publisher Knowledge Based Value (KBV) Research
Published Dec 28, 2023
Length 165 Pages
SKU # KBV18406890

Description

North America Circular Polymers Market Size, Share & Industry Trends Analysis Report By Form, By Application (Food Packaging, Adhesives & Sealants, Interior & Exterior Components, Wires & Cables, and Others), By End-use, By Type, By Country and Growth Forecast, 2023 - 2030


The North America Circular Polymers Market would witness market growth of 10.8% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 7,134.1 Kilo Tonnes, showcasing a growth of 10.4% (2019-2022).

Circular polymers are designed to be recyclable and are derived from recycled or renewable feedstocks. This practice adheres to the recycling principle, which entails the collection, processing, and subsequent conversion of plastics into new products, thereby diminishing the demand for new materials. Likewise, circular polymers facilitate the "closing the loop" concept in the production cycle. Instead of being discarded after use, plastics made from circular polymers can be collected, recycled, and reintroduced into the manufacturing process, creating a closed-loop system that minimizes waste.

Additionally, circular polymers conserve natural resources by promoting the recycling and reuse of plastics. This is particularly important in the context of the petroleum-based production of traditional plastics, as circular polymers reduce the reliance on finite fossil fuel resources. Circular polymers play a crucial role in reducing the environmental impact of plastic production. In comparison to the production of new plastics, the recycling of plastics utilizing circular polymers reduces greenhouse gas emissions and energy consumption, thereby contributing to a more environmentally sustainable manufacturing process.

Moreover, with the expansion of the Canadian construction industry, the demand for sustainable building materials is increasing. Circular polymers, owing to their recyclable composition and environmentally favorable characteristics, are compatible with the construction sector's emphasis on sustainability and can be employed in a multitude of applications. As per the data released in 2023 from Statistics Canada, investment in building construction increased 5.3% to $18.9 billion in September. The residential sector rose 7.3% to $12.9 billion, and the non-residential sector rose 1.2% to $6.0 billion. Thus, growing initiatives for advanced packaging and the rising construction sector in North America are expected to boost the demand for circular polymers in the region.

The US market dominated the North America Circular Polymers Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $21,452.5 million by 2030. The Canada market is experiencing a CAGR of 13.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 12.4% during (2023 - 2030).

Based on Form, the market is segmented into Pellets, and Flakes. Based on Application, the market is segmented into Food Packaging, Adhesives & Sealants, Interior & Exterior Components, Wires & Cables, and Others. Based on End-use, the market is segmented into Packaging, Building & Construction, Automotive, Electrical & Electronics, and Others. Based on Type, the market is segmented into Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polyamide (PA), and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LyondellBasell Industries Holdings B.V., SABIC (Saudi Arabian Oil Company), Ascend Performance Materials LLC (SK Capital and Partners), Veolia Environnement S.A., Exxon Mobil Corporation, Chevron Phillips Chemical Company LLC, Borealis AG (OMV), The Shakti Plastic Industries, Advanced Circular Polymers, and TotalEnergies SE.

Scope of the Study

Market Segments covered in the Report:

By Form (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Pellets
  • Flakes
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Food Packaging
  • Adhesives & Sealants
  • Interior & Exterior Components
  • Wires & Cables
  • Others
By End-use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Packaging
  • Building & Construction
  • Automotive
  • Electrical & Electronics
  • Others
By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Polyvinyl Chloride (PVC)
  • Polyamide (PA)
  • Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • LyondellBasell Industries Holdings B.V.
  • SABIC (Saudi Arabian Oil Company)
  • Ascend Performance Materials LLC (SK Capital and Partners)
  • Veolia Environnement S.A.
  • Exxon Mobil Corporation
  • Chevron Phillips Chemical Company LLC
  • Borealis AG (OMV)
  • The Shakti Plastic Industries
  • Advanced Circular Polymers
  • TotalEnergies SE
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

165 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Circular Polymers Market, by Form
1.4.2 North America Circular Polymers Market, by Application
1.4.3 North America Circular Polymers Market, by End-use
1.4.4 North America Circular Polymers Market, by Type
1.4.5 North America Circular Polymers Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Circular Polymers Market
Chapter 5. North America Circular Polymers Market by Form
5.1 North America Pellets Market by Country
5.2 North America Flakes Market by Country
Chapter 6. North America Circular Polymers Market by Application
6.1 North America Food Packaging Market by Country
6.2 North America Adhesives & Sealants Market by Country
6.3 North America Interior & Exterior Components Market by Country
6.4 North America Wires & Cables Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Circular Polymers Market by End-use
7.1 North America Packaging Market by Country
7.2 North America Building & Construction Market by Country
7.3 North America Automotive Market by Country
7.4 North America Electrical & Electronics Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Circular Polymers Market by Type
8.1 North America Polyethylene (PE) Market by Country
8.2 North America Polypropylene (PP) Market by Country
8.3 North America Polyethylene Terephthalate (PET) Market by Country
8.4 North America Polyvinyl Chloride (PVC) Market by Country
8.5 North America Polyamide (PA) Market by Country
8.6 North America Others Market by Country
Chapter 9. North America Circular Polymers Market by Country
9.1 US Circular Polymers Market
9.1.1 US Circular Polymers Market by Form
9.1.2 US Circular Polymers Market by Application
9.1.3 US Circular Polymers Market by End-use
9.1.4 US Circular Polymers Market by Type
9.2 Canada Circular Polymers Market
9.2.1 Canada Circular Polymers Market by Form
9.2.2 Canada Circular Polymers Market by Application
9.2.3 Canada Circular Polymers Market by End-use
9.2.4 Canada Circular Polymers Market by Type
9.3 Mexico Circular Polymers Market
9.3.1 Mexico Circular Polymers Market by Form
9.3.2 Mexico Circular Polymers Market by Application
9.3.3 Mexico Circular Polymers Market by End-use
9.3.4 Mexico Circular Polymers Market by Type
9.4 Rest of North America Circular Polymers Market
9.4.1 Rest of North America Circular Polymers Market by Form
9.4.2 Rest of North America Circular Polymers Market by Application
9.4.3 Rest of North America Circular Polymers Market by End-use
9.4.4 Rest of North America Circular Polymers Market by Type
Chapter 10. Company Profiles
10.1 LyondellBasell Industries Holdings B.V.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent strategies and developments:
10.1.5.1 Partnerships, Collaborations, and Agreements:
10.1.5.2 Product Launches and Product Expansions:
10.1.6 SWOT Analysis
10.2 SABIC (Saudi Arabian Oil Company)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Recent strategies and developments:
10.2.4.1 Product Launches and Product Expansions:
10.2.5 SWOT Analysis
10.3 Ascend Performance Materials LLC (SK Capital and Partners)
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Product Launches and Product Expansions:
10.3.2.2 Acquisition and Mergers:
10.3.3 SWOT Analysis
10.4 Veolia Environnement S.A.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 SWOT Analysis
10.5 Exxon Mobil Corporation
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 SWOT Analysis
10.6 Chevron Phillips Chemical Company LLC
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Recent strategies and developments:
10.6.3.1 Partnerships, Collaborations, and Agreements:
10.6.4 SWOT Analysis
10.7 Borealis AG (OMV)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.5.2 Acquisition and Mergers:
10.7.6 SWOT Analysis
10.8 The Shakti Plastic Industries
10.8.1 Company Overview
10.8.2 SWOT Analysis
10.9 Advanced Circular Polymers
10.9.1 Company Overview
10.9.2 SWOT Analysis
10.10. TotalEnergies SE
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 Recent strategies and developments:
10.10.5.1 Partnerships, Collaborations, and Agreements:
10.10.5.2 Product Launches and Product Expansions:
10.10.6 SWOT Analysis

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