U.S. Plastics In Consumer Electronics Market Size & Outlook
U.S. plastics in consumer electronics market, 2017-2028 (US$M)
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U.S. plastics in consumer electronics market highlights
- The U.S. plastics in consumer electronics market generated a revenue of USD 694.3 million in 2021 and is expected to reach USD 872.5 million by 2028.
- The U.S. market is expected to grow at a CAGR of 3.3% 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.
Plastics in consumer electronics market data book summary
| Market revenue in 2021 | USD 694.3 million |
| Market revenue in 2028 | USD 872.5 million |
| Growth rate | 3.3% (CAGR from 2021 to 2028) |
| Largest segment | Polycarbonate (pc) |
| Fastest growing segment | Bio-based Polycarbonate Resin |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 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, U.S. accounted for 11.7% of the global plastics in consumer electronics market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In North America, U.S. plastics in consumer electronics market is projected to lead the regional market in terms of revenue in 2028.
- Canada is the fastest growing regional market in North America and is projected to reach USD 176.9 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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U.S. 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 34.29% in 2021. Horizon Databook has segmented the U.S. 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.
The U.S. fitness industry has witnessed rapid growth in recent years, which is propelling the demand for portable fitness gadgets such as fitness trackers, smart watches, and others. According to the International Health.
The U.S., which is a major market in North America, is characterized by technological advancements in plastic formulation and high awareness among consumers regarding health & environmental effects of plastics.
Regulatory policies framed by the Environmental Protection Agency (EPA), Food & Drug Administration (FDA), and others are likely to act as a restraint for the Plastic Market in Consumer Electronics, however, the impact of this factor is expected to be mitigated by alternative production processes and sustainability through the life cycle of the product.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. plastics in consumer electronics market , including forecasts for subscribers. This country databook contains high-level insights into U.S. plastics in consumer electronics market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. plastics in consumer electronics market size, by product, 2017-2028 (US$M)
U.S. Plastics In Consumer Electronics Market Outlook Share, 2021 & 2028 (US$M)
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