Top 10 Largest Plastic Manufacturing Companies in the World 2020, Plastic Products Industry Factsheet (2024)

What Is the Current State of the Plastic Products Industry?

The top 10 largest plastic manufacturing companies in the world are consistently driving growth for a high-performing plastic products industry. Just how big is the plastic industry? By 2027, the global plastics market size is expected to reach USD 754.3 billion and grow at a CAGR of 3.5% during the forecast period. The largest plastic manufacturers leading this growth are the Dow Chemical Company, LyondellBasell, and ExxonMobil. The top exporting countries of plastic items are China, Germany, and the USA.

This fact sheet is to assist business professionals, investors, and people in general that are interested in gaining insights into the global plastic products industry including:

  • Discover who the top 10 largest plastic manufacturing companies in the world in 2020?
  • Complete list of largest plastic manufacturers in the world?
  • What are the plastic products industry statistics and trends to leverage in 2020?
  • How big is the plastic industry?
  • What are the top plastic item exporting countries in the world?

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Plastic Products Industry Statistics

  • Plastic market size worth $754.3 billion by 2027.
  • Global sales for plastic items exports by country totaled US$79 billion in 2018.
  • Year over year, the value of exported plastic items appreciated by 8.5% from 2017 to 2018.
  • European countries sold the highest value worth of exported plastic articles via a 43.7% increase. Close behind was Asia at 41.5%, trailed by North American suppliers at 13.3%.

Top 10 Largest Plastic Manufacturing Companies in the World 2020

Who are the top 10 largest plastic manufacturers in the world? The following is a list of largest plastic manufacturing companies in the world ranked by taking revenue, assets, and brand value into account.

1. Dow Chemical Company

Who is the largest plastic manufacturer in the world? As of 2020, Dow ranks number 1 on our list of the top 10 plastic manufacturing companies in the world. Dow is a chemical corporation headquartered in Midland, Michigan, United States. Dow manufactures plastics, chemicals, and agricultural products, and operates in over 160 countries. Dow generated revenues of USD 60.278 billion in 2018 making it the leader in revenues among the top 10 largest plastic manufacturing companies in the world.

  • Founded: 1897
  • Dow Headquarters: Midland, Michigan, U.S
  • Dow Total Asset Value: USD 77.378 billion
  • Dow Revenue: USD 60.278 billion
  • Dow Number of Employees: 54,000

Dow Chemical Company Products

  • Chemicals
  • Plastics
  • Performance chemicals
  • Catalysts
  • Coatings
  • Hydrocarbon exploration

2. LyondellBasell

2nd on BizVibe’s list of the largest plastic manufacturers in the world in 2020 is LyondellBasell, the global public multinational chemical company. The company currently has headquarters in Houston, Texas, and global operations in London, UK, and is the largest licensor of polyethylene and polypropylene technologies. It also produces ethylene, propylene, polyolefins, and oxyfuels. LyondellBasell generated revenues of USD 34.484 billion last year making it a leader in revenue and profits among the largest plastic manufacturing companies in the world.

  • Founded: 2007
  • LyondellBasell Headquarters: Houston, Texas & London, UK
  • LyondellBasell Total Asset Value: USD 26.206 billion
  • LyondellBasell Revenue: USD 34.484 billion

3. ExxonMobil

Coming in 3rd on the list of the largest plastic manufacturing companies in the world in 2020 is the US-based multinational oil and gas corporation headquartered in Irving, Texas, ExxonMobil. Outside of just the plastic products industry, ExxonMobil is one of the world’s largest companies by revenue. ExxonMobil Chemical is a petrochemical company that was created by merging Exxon’s and Mobil’s chemical industries. Its principal products include basic olefins and aromatics, ethylene glycol, polyethylene, and polypropylene along with specialty lines such as elastomers, plasticizers, solvents, process fluids, oxo alcohols, and adhesive resins. In 2018, ExxonMobil brought in revenues of USD 279.3 billion, most of it outside of the plastic products sector of course.

  • Founded: 1999
  • ExxonMobil Headquarters: Irving, Texas, U.S.
  • ExxonMobil Total Asset Value: USD 346.2 billion
  • ExxonMobil Revenue: USD 279.3 billion
  • ExxonMobil Number of Employees: 71,000

ExxonMobil Products

  • Crude oil
  • Oil products
  • Natural gas
  • Petrochemicals
  • Power generation

4. SABIC

SABIC is a Saudi plastic manufacturing company, that is active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals industries. SABIC is the second-largest public company in the Middle East and Saudi Arabia. In 2013, SABIC was the world’s fourth-largest chemical producer in the world. The company was founded 44 years ago in 1976 and is currently headquartered in Riyadh, Saudi Arabia. SABIC brought in revenues of USD 39.8 billion in 2017 makk9ing it one of the largest plastic manufacturing companies in the world as of 2020.

  • Founded: 1976
  • SABIC Headquarters: Riyadh, Saudi Arabia
  • SABIC Revenue: USD 39.8 billion
  • SABIC Number of Employees: 35,000

SABIC Products

  • Chemicals and intermediates
  • Industrial polymers
  • Fertilizers
  • Metals

5. INEOS

INEOS is a privately owned company based out of the UK and headquartered in London, UK. As a multinational chemical company, INEOS is organized into around 20 standalone business units. INEOS is involved in more than just the plastic products industry; INEOS provides products for many markets including fuels and Lubricants (23.3%), Packaging and Food (18.5%) and Construction (16.1%). In 2019, INEOS revenue was USD 85 billion

  • Founded: 1998
  • INEOS Headquarters: London, United Kingdom
  • INEOS Revenue: USD 85 billion
  • INEOS Number of Employees: 22,000

INEOS Products

  • Chemical substances
  • Petrochemicals
  • plastics

6. BASF

BASF is a German chemical company and the second-largest chemical producer in the world with multiple subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas, and Africa. Founded in 1865 and headquartered currently in Ludwigshafen, Germany, BASF is the 6th largest plastic manufacturer in the world as of 2020. BASF’s revenues in 2019 were USD 63.8 billion — making the company one of the largest plastic manufacturing companies in the world.

  • Founded: 1865
  • BASF Headquarters: Ludwigshafen, Germany
  • BASF Total Asset Value: USD 93.4 billion
  • BASF Revenue: USD 63.8 billion
  • BASF Number of Employees: 117,628

BASF Products

  • Chemicals
  • Plastics
  • Performance chemicals
  • Catalysts
  • Coatings
  • Crop technology
  • Crude oil and natural gas exploration and production

7. ENI

ENI is an Italian multinational oil and gas company headquartered in Rome. ENI has operations in 79 countries and is currently the world’s 11th largest industrial company with a market capitalization of USD 90 billion. In terms of annual revenue, ENI brought in USD 82.6 billion in 2018.

  • Founded: 1953
  • ENI Headquarters: Rome, Italy
  • ENI Total Asset Value: USD 2.4 billion
  • ENI Revenue: USD 126.9 billion
  • ENI Number of Employees: 30,950

ENI Products

  • Petroleum
  • Natural gas
  • Petroleum products
  • Energy
  • Plastics

8. LG Chem

Often referred to as LG Chemical, LC Chem is the largest Korean chemical company and is headquartered in Seoul, South Korea. In 2017, LG Chem was ranked the 10th largest chemical company in the world by sales. LG Chem has eight factories in South Korea and a network of 29 business locations in 15 countries. The company’s revenues reached USD 20.4 billion last year and ranks 8th on this list of the largest plastic manufacturing companies in the world.

  • Founded: 2005
  • LG CHEM Headquarters: Yurakucho, Chiyoda, Tokyo, Japan
  • LG CHEM Total Asset Value: USD 2.8 billion
  • LG CHEM Revenue: USD 41.7 billion
  • LG CHEM Number of Employees: 106,800

LG Chem Products

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

9. Chevron Phillips Chemical

Chevron Phillips Chemical is a petrochemical company jointly owned by Chevron Corporation and Phillips 66. Chevron Phillips is headquartered in The Woodlands, Texas, a northern suburb of Houston, and is a major producer of ethylene, propylene, polyethylene, Alpha-olefins, Polyalphaolefins, aromatic compounds and a range of specialty chemicals. The company brought in revenues of USD 13.416 billion last year.

  • Founded: 1998
  • Chevron Phillips Headquarters: Charlotte, U.S
  • Chevron Phillips Revenue: USD 91.24 billion
  • Chevron Phillips Number of Employees: 204,489

Chevron Phillips Products

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

10. Lanxess

Lanxess is a German specialty chemicals company based in Cologne, Germany that was founded in 2004 via the spin-off of the chemicals division and parts of the polymers business from Bayer AG. Lanxess’ brought in revenues of USD 7.7 billion — making the company rank 10th on BizVibe’s list of the top 10 plastic manufacturing companies in the world.

  • Founded: 2004
  • Lanxess Headquarters: Cologne, Germany
  • Lanxess Revenue: USD 7.7 billion
  • Lanxess Number of Employees: 19,000

Lanxess Products

  • Polymers
  • Intermediates and Specialty Chemicals

This is BizVibe’s list of the top 10 largest plastic manufacturing companies in the world in 2020, going by a combination of revenue, assets and brand value. These companies are changing the way businesses are innovating in the plastic products industry.

Reach out to these companies on BizVibe

Top Plastic Item Exports by Country

Rank / Country

Exports in USD billions

1. China$19.5 billion
2. Germany$9.9 billion
3. United States$7.2 billion
4. Italy$3.3 billion
5. France$3 billion
6. Poland$2.3 billion
7. Netherlands$2.2 billion
8. Japan$2.2 billion
9. Czech Republic$2 billion
10. Mexico$2 billion
11. Taiwan$1.8 billion
12. Hong Kong$1.7 billion
13. South Korea$1.6 billion
14. United Kingdom$1.6 billion
15. Belgium$1.5 billion

Source: Trade Map

Top 10 Largest Plastic Manufacturing Companies in the World 2020, Plastic Products Industry Factsheet (1)

  • China, Germany, and the USA lead the world in total plastic item exports by country. The following listed 15 countries shipped 78% of global plastic items exports in 2018 by value.

The Future of the Plastic Products Industry

The future of the plastic products industry looks promising as the top 10 largest plastic manufacturing companies in the world continue to grow their total assets and annual revenue. Expect the industry to keep growing and the key players to play a vital role in its path towards greater success in the future. Now is the time, to connect with these and other like-minded companies BizVibe to get started on a stronger B2B strategy online.

Connect on BizVibe

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Top 10 Largest Plastic Manufacturing Companies in the World 2020, Plastic Products Industry Factsheet (2024)

FAQs

Top 10 Largest Plastic Manufacturing Companies in the World 2020, Plastic Products Industry Factsheet? ›

1. China. Given that it's home to over 1.4 billion people – or over a sixth of the global population – it's only logical that China would be the biggest producer of plastic pollution in the world.

Who is the largest plastic manufacturer in the world? ›

World Largest and Top Plastics / Plastic Products Companies List by Market Cap of July 2023
  • EXXON MOBIL CORPORATION. World Rank (Jul-30-2023) ...
  • KOCH INDUSTRIES. World Rank (Jul-30-2023) ...
  • BASF SE. World Rank (Jul-30-2023) ...
  • DOW Inc. World Rank (Jul-30-2023) ...
  • LG CHEM. ...
  • DUPONT DE NEMOURS. ...
  • LYONDELLBASELL INDUSTRIES.

What are top 10 plastics? ›

The team will be more than happy to give you the rundown on top-selling products, including the various types of plastic below.
  1. Acrylic. ...
  2. Polypropylene. ...
  3. PVC. ...
  4. Polyethylene. ...
  5. Corflute. ...
  6. Nylon. ...
  7. Polyethylene Terephthalate. ...
  8. High Impact Polystyrene.

Who produces the most plastic products? ›

1. China. Given that it's home to over 1.4 billion people – or over a sixth of the global population – it's only logical that China would be the biggest producer of plastic pollution in the world.

What company is one of the largest plastic companies? ›

Exxon Mobil Corporation:

Exxon Mobil is the world's largest plastic producing company, both in terms of revenue and market capitalization.

Who are some of the largest producers and manufacturers of plastic in the world? ›

Largest Plastic Manufacturing Companies in the World
  • Toray Industries, Inc. (OTC:TRYIY) ...
  • Evonik Industries AG (OTC:EVKIY) ...
  • Eastman Chemical Company (NYSE:EMN) ...
  • Celanese Corporation (NYSE:CE) ...
  • Formosa Plastics Corporation (TPE:1301) ...
  • INEOS Group Limited. ...
  • LyondellBasell Industries N.V. (NYSE:LYB) ...
  • DuPont de Nemours, Inc.
Jan 15, 2023

What are the top 5 plastic waste producing industries? ›

The top plastic-polluting corporations of 2022
  • The Coca-Cola Company.
  • PepsiCo.
  • Nestlé
  • Mondelēz International.
  • Unilever.
  • Procter & Gamble.
  • Mars, Inc.,
  • Philip Morris International.
May 7, 2023

Who makes plastic in America? ›

Table 2: Top Plastic Manufacturers and Suppliers in the USA by Revenue
CompanyLocationYear Founded
CeramTec North America, LLCLaurens, SC1921
Honeywell InternationalMorristown, NJ1920
Chase Plastic Services, Inc.Clarkston, MI1992
The Dow Chemical CompanyMidland, MI1897
6 more rows
May 17, 2023

What are the big 6 plastics? ›

Here are the “Big Six” of plastics, what they are generally used for, and what to do with them:
  • Polyethylene Terephthalate (PET #1) ...
  • High-Density Polyethylene (HDPE #2) ...
  • Polyvinyl Chloride (PVC #3) ...
  • Low-Density Polyethylene (LDPE #4) ...
  • Polypropylene (PP #5) ...
  • Polystyrene (PS #6)
Apr 29, 2019

What are the big 4 plastic? ›

Plastic water bottles, straws, bags and coffee cups are four big problems for our oceans. But, fortunately, there are four easy solutions for them we can opt for every day!

Who exports the most plastic waste? ›

Germany was estimated to be the world's largest plastic waste exporter in 2022, with shipments totaling over 734 thousand metric tons.

Who profits from plastic production? ›

After Exxon Mobil, Dow and Sinpoec, the study says these firms are the biggest producers of single-use plastic: Indorama Ventures, Saudi Aramco, PetroChina, LyondellBasell, Reliance Industries, Braskem, Alpek SA de CV, Borealis, Lotte Chemical, INEOS, Total, Jiangsu Hailun Petrochemical, Far Eastern New Century, ...

Which country produces the most plastic waste 2023? ›

China is the world's largest plastic-producing country with a 32% share of global production. The US (42 Mt) produces more annual plastic waste than any other country.

What are the names of 2 US companies that make plastics? ›

Top U.S. Plastics Manufacturers

Nifco America Corp. All Service Plastic Molding, Inc. Continental Structural Plastics, Inc. Bemis Co., Inc.

What is the most plastic intensive industry in the world? ›

The toy industry is the most plastic-intensive industry in the world. Approximately ninety percent of toys purchased in the United States are made of plastic (“Environmental Impact of Toys”).

Who is the third largest plastic contributor? ›

Meanwhile, the Philippines is considered the third-largest contributor to plastic waste worldwide, contributing to an estimated 0.75 million metric tons of ocean plastic every year.

Who is the largest exporter of plastic waste in the world? ›

Germany was estimated to be the world's largest plastic waste exporter in 2022, with shipments totaling over 734 thousand metric tons.

Who is the world's largest importer of plastic waste? ›

The World's Biggest Plastic Importers and Exporters
RankCountryImported Plastic Waste (2020)
1Malaysia715,274,628 kg
2Türkiye619,287,422 kg
3Germany567,239,848 kg
4Viet Nam440,706,678 kg
6 more rows
Mar 11, 2023

Who produces the most ocean plastic? ›

Based on a study by Science Advances in 2021, the Philippines is the leading country on the list of top 10 ocean plastic contributors – generating an estimated 356,371 MT of plastic waste in our ocean.

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