The plastics market is expected to grow at a CAGR of 3.4% from 2021 to 2028 to reach US$750.1 bilion by 2028. The petrochemical market size is expected to expand at a CAGR of 6.4% from 2021 to 2028. The plastic packaging market is expected to grow at a CAGR of 4.8% during the forecast period from 2022 to 2030 and reach US$441.6 bilion by 2030. The rubber market is expected to record a compound annual growth rate of 5.3% for the forecast period 2020 2027, and the synthetic rubber market is expected to record a compound annual growth rate of 4.9% during the forecast period of 2020-2029. The global recycled plastic market was valued at US$27.9 bilion in 2021 and is expected to reach US$43.5 bilion by 2026, at a CAGR of 9.3% from 2021 to 2026.