Plastic Market Trends: The Shift Toward Recyclable and Compostable Materials The global plastics market was valued at approximately USD 624.8 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. This growth is largely driven by the increasing replacement of traditional materials like glass, metals, wood, and natural rubber with plastics. The plastic resins market, being one of the most heavily regulated globally,...