The Plastic Granules MarketĀ is experiencing significant growth, driven by increasing demand in industries such as packaging, automotive, and construction. The market was valued at USD 45.1 billion in 2023 and is expected to grow at a CAGR of 5.4% from 2024 to 2032, reaching USD 68.2 billion by 2032, according to a report by Dataintelo. Plastic granules, essential in the production of various plastic products, are widely used in manufacturing packaging materials, automotive components, and consumer goods. As industrial demand rises and eco-friendly materials become a priority, the market for plastic granules is poised for rapid expansion.