Top 10 Plastic Manufacturers in the World

Which are 10 Plastic Manufacturers in the World?

Plastic has now become an integral part of our lives. It is being used in almost every industry serving humanity today.

You name it, automotive, consumer products, packaging, aerospace, pipes & fittings, electronics, electrical, footwear, industrial applications, wherever you go, and whatever you see, plastics are everywhere.

Plastic can be glued, drilled, reformed, frozen, cut, twisted, bent, melted, and even recycled. It can resist a variety of situations to warp into desired products.

Choosing where to source plastic material is challenging itself. So I’ve made a list of the 10 top plastic manufacturers in the world.

So, without further due, let’s start the list.

Top 10 Plastic Manufacturers in Terms of Market Capitalization

Company name	Market Cap. (in USD)	Country
SABIC	368. 40 Billion	Saudi Arabia
Exxon Mobil	256.51 Billion	USA
Chevron Phillips	205.72 Billion	USA
BASF	78.27 Billion	Germany
ENI	45.10 Billion	Italy
DowDuPont Inc.	44.08 Billion	USA
LyondellBasell Industries	37.62 Billion	Netherlands
INEOS	21.85 Billion	United Kingdom
Lanxess	6.36 Billion	Germany
LG Chemical	5.3 Billion	South Korea

Top 10 Plastic Manufacturers in Terms of Revenue 

Company name	Revenue (in USD)	Headquarters
Exxon Mobil	178.57 Billion	Irving, Texas
BASF	71.9 Billion	Ludwigshafen, Germany
ENI	69.88 Billion	Rome, Italy
INEOS	69 Billion	London, England, UK
Dow Chemical	38.5 Billion	Midland, Michigan
SABIC	31.19 Billion	Riyadh, Saudi Arabia
LyondellBasell	29.3 Billion	Rotterdam, Netherlands
LG Chemical	25.6 Billion	Seoul, South Korea
DuPont	21.56 BIllion	Wilmington, Delaware
ChevronPhillips	8.43 Billion	Woodland, Texas

Interesting Read – Top 10 PVC Manufacturers and Suppliers in the World 

Summary Related to Top Plastic Manufacturing Companies 

1. Dow Chemical
2. Lyondellbasell
3. ExxonMobil
4. SABIC
5. INEOS
6. BASF
7. ENI
8. ChevronPhillips
9. LG Chemical
10. Dupont

Dow Chemical

Dow Chemical is an American multinational chemical company focusing on chemicals, plastics, and agricultural products. It employs 49,500 people and operates in 35 countries, with its headquarters situated in Midland, Michigan.

It is among the largest plastic and chemical producing companies globally, which drives innovation in polymers, materials, and biological science.

Dow has more than 6000 products that are manufactured in 179 sites globally. It is one of the largest producers of every primary polyethylene, along with chlorine and polyalkaline glycols.

The main business lines of Dow include agricultural sciences, infrastructure solutions, consumer solutions, performance plastics, and performance chemicals & plastics.

Business Verticals

• Automotive
• Industrial
• Packaging
• Electronic materials
• Building & Construction

Business Address – 2211 H.H. Dow Way Midland, MI 48674

Lyondellbasell

Lyondellbasell is one of the top 10 largest plastics, refining, and chemical companies in the world. The US operations are headquartered in Houston, Texas.

The company was formed after Lyondell Chemical Company and Basell Polyolefins merged. The major product groups include plastics, petrochemical products.

Lyondellbasell is one the largest manufacturer of polypropylene compounds and resins, and polypropylene. It has a prominent presence in 17 countries with 55 production sites..

It also holds a dominant position in high-value specialty polymers and resins.

The company also offers innovative, lightweight, and flexible food packaging solutions and more robust, long-lasting piping solutions that don’t affect water purity.

The major product categories include

• Chemicals
• Fuels
• Technology
• Quality systems
• Supply chain
• Product Safety & Stewardship
• Products and Technology

Business Address – Delftseplein 27E 3013 AA Rotterdam The Netherlands

ExxonMobil

ExxonMobil is one of the world’s largest plastic producing companies and the world’s 9th largest company in revenue. It also holds a prominent market share in the American oil & gas industry.

Headquartered in Irving, Texas, the company is a direct successor of John D Rockefeller’s standard oil company and was created by merging two oil giants (Exxon and Mobil); both were part of the standard oil company.

It is one of the largest manufacturers of polyolefins and other polymers and resins. It also holds a leading position in oil refining and marketing.

The company specializes in the following technologies

• Deepwater drilling
• Carbon capture and storage
• Energy Efficiency
• Vehicle technologies
• Exploration and production
• Liquefied natural gas
• Extended reach technology

Business Address – 5959 Las Colinas Blvd, Irving, TX 75039

Interesting Read – Top 12 Plastic Film Manufacturers and Suppliers

SABIC

Although it faces stiff competition from other American giants, SABIC is the only Saudi plastic manufacturing company to make it to the list of top plastic companies.

In addition to industrial polymers, SABIC is also involved in the chemicals, petrochemicals, fertilizers, and metal industries.

As the second-largest publicly listed company in Saudi Arabia and the Middle East, SABIC presents a solid challenge for its competitors.

Founded in 1976 and headquartered in Riyadh, Saudi Arabia, SABIC is currently the third-largest polyethylene producer and the fourth-largest polypropylene producer.

With 40 countries and 60 manufacturing sites, SABIC employs over 40,000 people.

SABIC focuses on critical verticals such as healthcare, construction, packaging, transportation, clean energy, agri-nutrients, electrical, and electronics.

The main products for SABIC are

• Polymers
• Specialties
• Chemicals
• Metals
• Agri-nutrients

Business Address – 6575 Airport Road, Qurtubah, Riyadh 13244, Saudi Arabia

INEOS

INEOS Group is a privately owned multinational chemical company headquartered in London, UK. Ineos is an acronym for INspec Ethylene OxideSpecialities. The company has 20 different standalone business verticles serving customers in 24 countries.

The company produces products like plastics, resins, and intermediates for industries such as consumer goods, textiles, building & construction, packaging, pharmaceuticals, textiles, agrochemicals, and automotive.

It owns and operates 171 sites worldwide, employing around 19,000 people.

The key products produced by INEOS are

• Polyethylene
• Ethanol
• PVC
• Polypropylene
• PTA
• Acetic acid Anhydride
• Ethylene oxide and Derivatives
• Styrenics

Business Address – 38 Hans Cres, London SW1X 0LZ, UK

BASF

BASF is a Germany-based multinational chemical company founded in 1865 and presently headquartered in Ludwigshafen, Germany. It is the second-largest chemical producer in the world, with subsidiaries and joint ventures in 80 countries. It operates around 400 production sites in Asia, Europe, the Americas, the Pacific, and Africa. It is the sixth-largest plastic company in the world, with revenues exceeding USD 71.9 Billion.

It provides various chemicals, pharmaceutical ingredients, dyes, and agricultural products.

Key Products:

• Catalysts
• Coating
• Crop technology
• Chemicals
• Performance Chemicals
• Plastics
• Crude Oil Exploration and Production

Business Address – BASF New Business GmbH Benckiserplatz 1 | BE01 67059 Ludwigshafen, Germany

ENI

ENI is an Italian multinational oil & gas company founded in 1953 and headquartered in Rome.

It is a major producer of plastics and rubber and has a significant presence in exploring refining and production of oil and gas.

The company is in 73 countries worldwide and employs more than 31,000 people.

Major products

• Natural gas
• Petroleum products
• Energy
• Plastics

Business Address – Piazzale Enrico Mattei, 1 00144 Roma

Engaging Read – Top 6 injection Molding Machine Manufacturers

ChevronPhillips

ChenronPhillips Chemical is a petrochemical company headquartered in Woodlands, Texas. Chevron Corporation and Phillips 66 jointly own the company.

It is a significant producer of propylene, ethylene, polypropylene, aromatic compounds, Alpha-olefins, Polyalphaolefins, and various specialty chemicals.

The company owns and operates 31 production sites and research centers in the United States, Singapore, Qatar, Belgium, Saudi Arabia, and South Korea.

Key Products 

• Aromatics
• Drilling Specialties
• Olefins
• Polyethylene
• Polyalphaoelfins
• K-Resin® SBC
• Normal Alpha Olefins

Business Address – 10001 Six Pines Dr, The Woodlands, TX 77380

LG Chemical

LG Chemical is the largest chemical company in South Korea, with its headquarters located in its capital city, Seoul. It owns and operates eight factories in South Korea and other 29 business locations in 15 countries. It mainly manufactures petrochemicals, polyolefins, polystyrene, polyvinyl chloride, synthetic rubbers, and specialty polymers.

Key Products:

• Chemicals
• Raw materials
• Energy Solutions
• IT and electronics materials

Business Address – LG Twin Towers,128, Yeoui-daero, Yeongdeungpo-gu, Seoul, South Korea

DuPont

DuPont de Nemours, Inc., better known as DuPont, is an American multinational chemical company created by the merger of Dow Chemical and E I Du Pont De Nemours Company and the subsequent spinoffs of Dow Inc. and Corteva. Dow Inc., the result of the new corporate structure, also made its way to our list.

The leading Business verticals for DuPont are agri-products, material science, and specialty products.

Business Address – 974 Centre Rd, Wilmington, DE 19805

Sources 

Wikipedia, DNB, and Company websites.

FAQs 

Let’s look at some frequently asked questions about the top plastic companies to gain a better understanding.

How many plastic manufacturers are there in the US?

There are more than 16000 plastic manufacturing sites in the United States. The US plastic industry is the third-largest manufacturing sector in the United States. It employs more than 1.4 million people (1 million on manufacturing sites and other 400,000 plus, including suppliers.)

Which country has the most plastic waste?

Not surprisingly, it’s China. It contributes about 28% of global plastic waste, followed by Indonesia with 10%, then comes Vietnam and the Philippines with 6% of plastic waste.

Which country uses the least plastic?

The county using the least plastic in the world is Rwanda. It became a plastic-free country in 2009, and since then, they have kept it that way. Rwandans are so done with anyone caught with a plastic item that faces a jail sentence of up to six months.

What are the two main types of plastic?

There are two types of Plastics – Thermoplastics, and Thermosets.

Which is the strongest plastic material in the world?

Polycarbonate is the strongest plastic material in the world in terms of impact strength. It is 200 times stronger than glass and is also transparent, making it a favorite material to be used in bulletproof glasses and windows.

Suggested Read 

• What is Biodegradable Plastic | Types of Biodegradable Plastics | Biodegradable Vs. Compostable | Properties | Applications of Biodegradable Products
• 7 Types of Plastics | An Helpful Illustrated Guide
• Top 10 Injection Moulding Companies In UK 2023
• Top 10 Injection Molding Machine Manufacturers in China

Final Thoughts 

That was my take on the top 10 plastic manufacturers. Plastic is a vast and complex industry that plays a significant role in our lives.

The world’s top plastic manufacturers have demonstrated their prowess in producing high-quality plastic products that cater to diverse industries.

While these companies face various challenges, such as environmental concerns, they continue to innovate and improve their products’ sustainability.

With the increased focus on sustainability, plastic manufacturers are expected to continue to evolve and provide innovative solutions that reduce their environmental impact.

Kindly comment on your views in the comment box.

Have a wonderful day.