Graph and download economic data for Producer Price Index by Industry: Plastics Material and Resin Manufacturing (PCU325211325211) from Jun 1976 to May 2025 about resin, plastics, materials, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Thermosetting Resins and Plastics Materials (WPU06630601) from Dec 1998 to May 2025 about resin, plastics, materials, chemicals, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Industry: Plastics Material and Resins Manufacturing was 324.58200 Index Dec 1980=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Plastics Material and Resins Manufacturing reached a record high of 380.76400 in June of 2022 and a record low of 70.90000 in February of 1977. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Plastics Material and Resins Manufacturing - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Industry: Plastics Material and Resins Manufacturing: Thermosetting Resins and Plastics Materials was 311.17200 Index Dec 1980=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Plastics Material and Resins Manufacturing: Thermosetting Resins and Plastics Materials reached a record high of 366.62700 in December of 2022 and a record low of 33.80000 in January of 1967. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Plastics Material and Resins Manufacturing: Thermosetting Resins and Plastics Materials - last updated from the United States Federal Reserve on July of 2025.

Plastic resin shipments amounted to a global total of some *** billion U.S. dollars in 2019. In 2005, this value was *** billion U.S. dollars lower. Plastics are a widely used material globally.

United States PPI: Chem: Plastic Resins & Materials: Thermoplastics data was reported at 246.200 1982=100 in Jun 2018. This records an increase from the previous number of 241.300 1982=100 for May 2018. United States PPI: Chem: Plastic Resins & Materials: Thermoplastics data is updated monthly, averaging 137.900 1982=100 from Dec 1980 (Median) to Jun 2018, with 451 observations. The data reached an all-time high of 269.000 1982=100 in Oct 2014 and a record low of 97.900 1982=100 in Dec 1980. United States PPI: Chem: Plastic Resins & Materials: Thermoplastics data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I017: Producer Price Index: By Commodities.

This report uses the producer price index for plastic materials and resin. This makes it possible to average the growth in price for various types, including organic, synthetic and processed varieties. The index has a base year of 1982. Data is sourced from the Bureau of Labor Statistics and is presented as the equally-weighted average of monthly figures.

Plastic resins had a shipment value amounting to around 100 billion U.S. dollars in the United States in 2019. Plastics are a widely used material worldwide.

United States - Producer Price Index by Commodity: Rubber and Plastic Products: Custom Compounding of Purchased Plastic Resins (Including Color Concentrates and Resin Pellets) was 202.03100 Index Dec 1999=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Rubber and Plastic Products: Custom Compounding of Purchased Plastic Resins (Including Color Concentrates and Resin Pellets) reached a record high of 212.62100 in September of 2022 and a record low of 100.00000 in December of 1999. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Rubber and Plastic Products: Custom Compounding of Purchased Plastic Resins (Including Color Concentrates and Resin Pellets) - last updated from the United States Federal Reserve on July of 2025.

The global plastic resins market stood at a value of around USD 638.18 Billion in 2024. The market is further expected to grow at a CAGR of 2.00% in the forecast period of 2025-2034 to attain a value of nearly USD 777.94 Billion by 2034.

The global plastic resin market size was worth more than USD 954.27 billion in 2024 and is poised to witness a CAGR of over 4.8%, crossing USD 1.76 trillion revenue by 2037. Crystalline segment is expected to dominate 61.1% share by 2037, fueled by growing demand from the packaging industry, particularly in e-commerce.

In 2024, the U.S. plastics materials and resin market increased by 5.5% to $93.2B, rising for the fourth consecutive year after two years of decline. The market value increased at an average annual rate of +2.5% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2024 and is likely to continue growth in years to come.

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Plastic Resins and Materials was 275.32300 Index 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Chemicals and Allied Products: Plastic Resins and Materials reached a record high of 326.87200 in August of 2021 and a record low of 30.80000 in March of 1971. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Chemicals and Allied Products: Plastic Resins and Materials - last updated from the United States Federal Reserve on July of 2025.

The global plastic resins market size is expected to reach USD 982.3 billion by 2028 according to a new study by Polaris Market Research.

The global plastic resins market, valued at $862.02 million in 2020, is projected to experience steady growth. While the provided CAGR of 2.3% represents a relatively moderate expansion, this figure likely reflects a period encompassing both pre- and post-pandemic market conditions. Considering the resilience of the plastics industry and the ongoing demand from packaging, construction, and automotive sectors, a more robust growth trajectory is anticipated moving forward. Factors driving market expansion include increasing industrialization in developing economies, rising demand for lightweight and durable materials in various applications, and ongoing innovation in polymer chemistry leading to the development of more sustainable and specialized resins. However, growing environmental concerns regarding plastic waste and increasing pressure for sustainable alternatives pose significant challenges. This necessitates a shift towards bio-based and recycled resins, alongside improved waste management infrastructure, which will influence market dynamics over the forecast period. The competitive landscape is dominated by major players like Dow, LyondellBasell, ExxonMobil, and SABIC, who are actively investing in R&D to meet evolving market demands and enhance their product portfolios. The forecast period of 2025-2033 will likely witness a more pronounced growth rate than the historical average due to factors such as economic recovery, infrastructure development, and increasing consumer demand. Significant regional variations are expected, with regions experiencing rapid industrialization and urbanization likely exhibiting higher growth rates. Market segmentation will be crucial, with high-performance plastics and specialized resins commanding premium prices. The industry will increasingly focus on sustainable solutions, circular economy initiatives, and innovative materials to address growing environmental concerns and satisfy changing regulatory landscapes. Furthermore, strategic partnerships, mergers, and acquisitions will likely play a significant role in shaping the competitive landscape. Considering all these factors, a more detailed segment-specific analysis and regional breakdown is essential for a comprehensive market evaluation.

Global polyvinyl chloride (PVC) prices were *** U.S. dollars per metric ton in October 2024. This was the lowest monthly PVC price since May 2020. The highest price over the past three years was recorded in October 2021, at ***** U.S. dollars per metric ton. Since then, monthly PVC prices have mostly been on a downward trajectory.

The plastic and resin industry has been experiencing fluctuating prices and demand. After grappling with elevated prices due to supply chain issues and higher crude oil costs, prices are projected to decline in 2024 driven by economic challenges and input cost reductions. Domestically, the industry faced decreased demand, primarily due to lower demand from construction and packaging markets. Despite these trends, there is potential for modest growth in 2024, supported by infrastructure projects, which could counterbalance sluggish manufacturing and commercial construction uncertainties. Overall, the industry is projected to decline at a CAGR of 0.6% to reach $11.1 billion in 2024. This includes a projected 3.5% decline in 2024 alone, driven by downward price pressures. Public scrutiny and regulatory measures on plastics, especially single-use items, have negatively impacted the industry. Canadian regulations aim to reduce plastic waste, with laws banning items like plastic bags and straws. In 2024, Canada started implementing plans to cut plastic pollution by proposing a Federal Plastics Registry for data collection, set to require reporting from 2025, with exemptions for small producers to encourage growth. Meanwhile, despite declining foreign demand, primarily due to economic challenges in the US, Canadian manufacturers have strengthened their presence in the US market. Domestic demand for plastic and resin in Canada is set to rise, driven by projected economic growth and declining interest rates, which will enhance businesses' access to funds for expansion. This will contribute to higher demand for various production inputs, including resin and plastic. However, environmental challenges will pose significant issues domestically, prompting more manufacturers to shift towards using recycled and biodegradable materials like bioplastics. These domestic challenges will be partially offset by rapid growth in foreign markets, particularly in Asia and Africa, which is expected to boost exports. Overall, the industry is anticipated to grow at a 0.8% CAGR, reaching $11.5 billion by 2029, alongside projected profit increases.

The plastic resins market is projected to grow from USD 662.9 billion in 2025 to USD 971.9 billion by 2035, registering a CAGR of 3.9% during the forecast period.

Country-wise Outlook

Japan PPI: Chem: IO: Plastic Resins & Materials (PM) data was reported at 93.600 2010=100 in Dec 2016. This stayed constant from the previous number of 93.600 2010=100 for Nov 2016. Japan PPI: Chem: IO: Plastic Resins & Materials (PM) data is updated monthly, averaging 106.000 2010=100 from Jan 2010 (Median) to Dec 2016, with 84 observations. The data reached an all-time high of 119.800 2010=100 in Oct 2014 and a record low of 93.400 2010=100 in Oct 2016. Japan PPI: Chem: IO: Plastic Resins & Materials (PM) data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I081: Producer Price Index: 2010=100: Chemicals & Related Products.

Statistics illustrates prices of plastics materials and resins in the United States from 2013 to 2024.