The plastics industry manufactures polymer materials—commonly called plastics—and offers services in plastics important to a range of industries, including packaging, building and construction, electronics, aerospace, and transportation.

It is part of the chemical industry. In addition, as mineral oil is the major constituent of plastics, it is regarded[by whom?] as a part of the petrochemical industry.

Besides plastics production, plastics engineering is an important part of the industrial sector. The latter field is dominated by engineering plastic as raw material because of its better mechanical and thermal properties than the more widely used commodity plastics.

Companies

Further information: Category:Plastics companies

Markets

According to PlasticsEurope, the top three markets for plastics are packaging, building and construction, and automotive.[1]

See also: Plastics in the construction industry

Production

Plastics production has been growing globally. The numbers include thermoplastics and polyurethanes, as well as thermosets, adhesives, coatings and sealants and PP-fibers.[1] Data was gathered by PlasticsEurope (PEMRG) and Consultic.[2]

World plastics production in Mt
year Megatonnes
2002 204
2007 250
2009 257
2011 279
2012 288
2013 299

However, in 2020 A.D. the COVID-19 pandemic has had a devastating effect on the fossil fuel and petrochemical industry. Natural gas prices have dropped so low that gas producers were burning if off on-site (not being worth the cost to transport it to cracking facilities). In addition, bans on single-use consumer plastic (in China, the European Union, Canada, and many countries in Africa), and bans on plastic bags (in several states in the USA) has reduced demand for plastics considerably. Many cracking facilities in the USA have been suspended. The petrochemical industry has been trying to save itself by attempting to rapidly expand demand for plastic products worldwide (i.e. through pushbacks on plastic bans and by increasing the number of products wrapped in plastic in countries where plastic use is not already as widespread (i.e. developing nations)).[3]

History

Further information: Timeline of plastic development

Associations

United States

Europe

United Kingdom

India

International

Countries and sites

Initiatives

Journals and conferences

Trade Shows

See also

References

  1. ^ a b "Plastics – the Facts 2014/2015; An analysis of European plastics production, demand and waste data" (PDF). www.plasticseurope.org. Archived from the original (PDF) on 2017-01-30. Retrieved 2016-04-07.
  2. ^ "consultic – consultic". www.consultic.de. Retrieved 17 April 2018.
  3. ^ Will coronavirus be the death or salvation of Big Plastic ?