Polybutadiene Market Milestones Ahead: Record-Breaking Growth by 2034
The global electronics & consumer goods plastics market is undergoing a period of explosive growth , driven by the rapid expansion of the electronics industry, rising demand for lightweight and durable materials, and the increasing integration of high-performance polymers in everyday products. Valued at USD 18.99 billion in 2024 , the market is projected to surge dramatically, expanding from USD 26.10 billion in 2025 to USD 483.29 billion by 2034 , exhibiting an extraordinary compound annual growth rate (CAGR) of 38.3% during the forecast period.
Plastics have become indispensable in the manufacturing of electronic devices and consumer goods due to their lightweight nature, durability, electrical insulation properties , and design flexibility . From smartphones and laptops to home appliances, wearables, and smart devices, the use of advanced plastic materials has enabled manufacturers to create thinner, lighter, and more energy-efficient products that meet evolving consumer demands.
Market Overview
The electronics & consumer goods plastics market encompasses a wide range of high-performance polymers including:
Polycarbonate (PC) – Known for impact resistance and optical clarity, used in device housings and displays
Acrylonitrile Butadiene Styrene (ABS) – Offers strength and heat resistance, widely used in casings and structural components
Polypropylene (PP) – Used in packaging, appl
The global electronics & consumer goods plastics market is undergoing a period of explosive growth , driven by the rapid expansion of the electronics industry, rising demand for lightweight and durable materials, and the increasing integration of high-performance polymers in everyday products. Valued at USD 18.99 billion in 2024 , the market is projected to surge dramatically, expanding from USD 26.10 billion in 2025 to USD 483.29 billion by 2034 , exhibiting an extraordinary compound annual growth rate (CAGR) of 38.3% during the forecast period.
Plastics have become indispensable in the manufacturing of electronic devices and consumer goods due to their lightweight nature, durability, electrical insulation properties , and design flexibility . From smartphones and laptops to home appliances, wearables, and smart devices, the use of advanced plastic materials has enabled manufacturers to create thinner, lighter, and more energy-efficient products that meet evolving consumer demands.
Market Overview
The electronics & consumer goods plastics market encompasses a wide range of high-performance polymers including:
Polycarbonate (PC) – Known for impact resistance and optical clarity, used in device housings and displays
Acrylonitrile Butadiene Styrene (ABS) – Offers strength and heat resistance, widely used in casings and structural components
Polypropylene (PP) – Used in packaging, appl
12:00 PM - Jul 03, 2025 (UTC)
