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, where you go and whatever you see, plastic is 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.
Having said that, 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|
|DowDuPont Inc.||44.08 Billion||USA|
|LyondellBasell Industries||37.62 Billion||Netherlands|
|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|
|ENI||69.88 Billion||Rome, Italy|
London, England, UK
|Dow Chemical||38.5 Billion||
Riyadh, Saudi Arabia
|LG Chemical||25.6 Billion||
Seoul, South Korea
Interesting Read – Top 10 PVC Manufacturers and Suppliers in the World
Summary Related to Companies –
- Dow Chemical
- LG Chemical
Source - Dow.com
Dow Chemical is an American multinational chemical company focusing on chemical, plastics, and agricultural products. It employees 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 major 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.
- Electronic materials
- Building & Construction
Business Address – 2211 H.H. Dow Way Midland, MI 48674
Lyondellbasell is one of the top 10 largest plastics, refining, and chemicals companies in the world. The US operations are headquartered in Houston, Texas. The company was formed after the merger of Lyondell Chemical Company and Basell Polyolefins. 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 is also known to offer innovative, lightweight, and flexible food packaging solutions, stronger and long-lasting piping solutions that don’t affect water purity.
The major product categories include:
- Quality systems
- Supply chain
- Product Safety & Stewardship
- Products and Technology
Business Address – Delftseplein 27E 3013 AA Rotterdam The Netherlands
Source - Buisnesswire.com
ExxonMobil is one of the world’s largest plastic producing companies and the world’s 9th largest company in terms of 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 supreme 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
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SABIC Head Office, Riyadh, Saudi Arabia, Source - Arabianbuisness.com
SABIC is the only Saudi company on the list, but still, it’s a tough competitor for the other American giants on the list. Apart from industrial polymers, the company is also active in chemicals, petrochemicals, fertilizers, and metal industries. It is the second-largest publicly listed company in the middle east and Saudi Arabia.
SABIC was founded in 1976 and is headquartered in Riyadh, Saudi Arabia, and today it is the third-largest producer of polyethylene and the fourth-largest producer of polypropylene.
The company has a presence in 40 countries, employing over 40,000 people across 60 manufacturing sites. The key verticals for SABIC are medical devices, construction, packaging, transportation, clean energy, agri-nutrients, electrical, and electronics.
The main products for SABIC are:
Business Address – 6575 Airport Road, Qurtubah, Riyadh 13244, Saudi Arabia
INEOS Head Office, London, UK, Source Procladd.com
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, 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:
- Acetic acid Anhydride
- Ethylene oxide and Derivatives
Business Address – 38 Hans Cres, London SW1X 0LZ, UK
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 producing company in the world, with revenues exceeding USD 71.9 Billion.
It provides a wide array of chemicals, pharmaceutical ingredients, dyes, and agricultural products.
- Crop technology
- Performance chemicals
- Crude oil Exploration and Production
Business Address – BASF New Business GmbH Benckiserplatz 1 | BE01 67059 Ludwigshafen, Germany
Source - ENI.com
ENI is an Italian multinational oil & gas company founded in 1953 headquartered in Rome. It is a major producer of plastics and rubber and also has a significant presence in exploring refining and production of oil and gas. The company has a presence in 73 countries worldwide and employs more than 31,000 people.
- Natural gas
- Petroleum products
Business Address – Piazzale Enrico Mattei, 1 00144 Roma
Engaging Read – Top 6 injection Molding Machine Manufacturers
Source - Worldofchemicals.com
ChenronPhillips chemical is a petrochemical company headquartered in Woodlands, Texas. Chevron Corporation and Phillips 66 jointly own the company. It is a major producer of propylene, ethylene, polypropylene, aromatic compounds, Alpha-olefins, Polyalphaolefins, and a range of 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.
- Drilling Specialties
- K-Resin® SBC
- Normal Alpha Olefins
Business Address – 10001 Six Pines Dr, The Woodlands, TX 77380
Source - buisnesskorea.co.kr
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.
- Raw materials
- Energy solutions
- IT and electronics materials
Business Address – LG Twin Towers,128, Yeoui-daero, Yeongdeungpo-gu, Seoul, South Korea
Source - delawareonline.com
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 following spinoffs of Dow Inc. and Corteva. Dow Inc. was the result of the new corporate structure, also made the way to our list.
The main Business vertical for DuPont are agri-products, material science, and specialty products.
Business Address – 974 Centre Rd, Wilmington, DE 19805
Wikipedia, DNB, and Company websites.
1. How many plastic manufacturers are there in the US?
Ans. 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.)
2. Which country has the most plastic waste?
Ans. 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% plastic waste.
3. Which country uses the least plastic?
Ans. 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.
4. What are the two main types of plastic?
Ans. There are two types of Plastics – Thermoplastics and Thermosets.
5. Which is the strongest plastic material in the world?
Ans. 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
- What is 3D Printing? | Types of 3D Printing | Applications of 3D Printing | Advantages & Disadvantages
- 7 Types of Plastics | An Helpful Illustrated Guide
- Top 10 PVC Manufacturers and Suppliers in the World
- Top 10 Injection Moulding Companies In UK 2021
- Top 10 Injection Molding Machine Manufacturers in China
- Top 10 Injection Molding Defects (And How To Prevent Them)
- Top 10 Injection Molding Materials (And Why They are the Best)
Final Thoughts –
That was my take on the top 10 plastic manufacturers. I’ve used various sources to figure out the revenue and market capitalization of all the companies.
Kindly comment on your views in the comment box.
Have a wonderful day.