Covid-19 Impact on Commodity Plastics Market Pegged for Robust Expansion by 2028 The commodity plastics market was estimated at USD 511.25 billion in 2022 and is likely to grow at a CAGR of 5.96% during 2023-2028 to reach USD 726.09 billion in 2028. Today, plastics can be found in almost every application that catches your eye, ranging from shopping bags, trash containers, disposables, and packaging films, to clothing, printed materials, toys, household products, etc. Most of these plastic products are made from six types of plastic materials which are polyethylene (PE), polypropylene (PP), polyvinylchloride (PVC), polystyrene (PS), polyester, and polyurethane (PU). These commodity plastics are lighter, resistant to abrasion, structurally stable, easily recyclable, and highly malleable. They are often used in large volumes for regular household applications and offer higher strength compared to other substitutes. Since commodity plastics are not used in critical service environments, they are relatively inexpensive and exhibit lower mechanical properties than engineered plastics. Read More: https://www.stratviewresearch.com/839/commodity-plastics-market.html