Plastics industry

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, manufacturing and transportation.

In addition, as mineral oil is the major constituent of plastics, it therefore forms part of the petrochemical industry.

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

The numbers include thermoplastics and polyurethanes, as well as thermosets, adhesives, coatings, sealants, and PP-fibers.

[3][4] However, in 2020 the COVID-19 pandemic has had a devastating effect on the fossil fuel and petrochemical industry.