North America Plastics In Consumer Electronics Market Size & Outlook
North America plastics in consumer electronics market, 2017-2028 (US$M)
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North America plastics in consumer electronics market highlights
- The North America plastics in consumer electronics market generated a revenue of USD 975.4 million in 2021.
- The market is expected to grow at a CAGR of 3.5% from 2022 to 2028.
- In terms of segment, polycarbonate (pc) was the largest revenue generating product in 2021.
- Bio-based Polycarbonate Resin is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2022 to 2028.
North America data book summary
| Market revenue in 2021 | USD 975.4 million |
| Market revenue in 2028 | USD 1,239.9 million |
| Growth rate | 3.5% (CAGR from 2021 to 2028) |
| Largest segment | Polycarbonate (pc) |
| Fastest growing segment | Bio-based Polycarbonate Resin |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polycarbonate (PC), Liquid Crystal Polymers (LCP), PC/ABS Glass Filled Resins, Bio-based Polycarbonate Resin, Thermoplastic Elastomers, Polyamides |
| Key market players worldwide | Trinseo PLC, Covestro AG, Celanese Corp Class A, SABIC, Lotte Chemical, LG Chem, Mitsubishi Chemical Group Corp, Samsung SDI Co Ltd GDR - 144A, Koninklijke DSM NV |
Other key industry trends
- In terms of revenue, North America region accounted for 16.4% of the global plastics in consumer electronics market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,282.7 million by 2028.
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Plastics In Consumer Electronics Market Scope
Plastics In Consumer Electronics Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America plastics in consumer electronics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to plastics in consumer electronics market will help companies and investors design strategic landscapes.
Polycarbonate (pc) was the largest segment with a revenue share of 34.1% in 2021. Horizon Databook has segmented the North America plastics in consumer electronics market based on polycarbonate (pc), liquid crystal polymers (lcp), pc/abs glass filled resins, bio-based polycarbonate resin, thermoplastic elastomers, polyamides covering the revenue growth of each sub-segment from 2017 to 2028.
North America is one of the largest consumers of plastics owing to the high demand from industries including automotive, electrical & electronics, packaging, and others. Plastics are used in various applications in these industries, especially in consumer electronics due to their versatile benefits, easy molding, and ability to take the desired shape.
The presence of prominent technology manufacturers & providers such as Apple Inc., Hewlett Packard Enterprise Development LP, Intel Corporation, Advanced Micro Devices, Inc., and others in this region coupled with high disposable income is further expected to drive the North America Plastic Market in Consumer Electronics.
Rising consumer disposable income coupled with increasing dependency on electronic equipment for household applications is expected to propel the demand for consumer electronics including mobile phones, laptops, home appliances, and others in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America plastics in consumer electronics market , including forecasts for subscribers. This continent databook contains high-level insights into North America plastics in consumer electronics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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North America plastics in consumer electronics market size, by country, 2017-2028 (US$M)
North America Plastics In Consumer Electronics Market Outlook Share, 2021 & 2028 (US$M)
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