The increasing importance of polymers in everyday applications like packaging goods, and innovation of healthcare sectors via enhancing patient care and outcomes with increasing the efficacy of sutures, and prosthetics made polymer a global necessity and one of the most globally sought commodities among the top traders worldwide. The use of polymers in different industrial applications and its contribution to the durability and efficacy of industrial productivity promote it to be one of the highly produced commodities of Russia.

From early 2019 the country has been producing tons of polymers to meet the globally growing international and domestic demands from its production sectors. The total value of polymer production has grown by 4.6% in 2019 than 2018 worth a value of around 10 million tons, with a sustainable production of around 15 million tons of polymers worth a value of 20 billion US dollars in 2023 the production sectors of Russia is on its way to double the amount for facing the global needs by 2030.

Introduction to Polymers: Types and Classification

The polymers benefitting mankind in different industrial and medicinal efficacies are available in different types in nature; the classifications according to the Russia Export Data are discussed below,

• Natural Polymers – Natural polymers are the ones that are readily available in nature in different forms like cellulose, proteins, and DNA. This not only provides nutritional and health benefits to the consumer but also maintains a stable lifestyle.

• Synthetic Polymers – Synthetic polymers are the ones that are manufactured or created in laboratories for different industrial purposes. The different synthetic polymers available are Polyethylene, Polystyrene, and Polyvinyl chloride.

• Thermoplastics – Thermoplastics are the type of industrial polymers that can retain any kind of shape when heated mainly used for molding and making toys. Some of the top examples of thermoplastics are polypropylene and acrylic.

• Elastomers – Elastomers are the types of polymers that attain different shapes when stretched, the main examples of Elastomers are natural rubber and silicone.

• Biodegradable Polymers – Polylactic acid and Polyhydroxyalkanoates are some of the top biodegradable polymers that facilitate the medical and industrial production of healthcare and other necessities via their biodegradable nature.

What Benefit Russia Can Obtain if They Succeed in Doubling the Production of Polymers?

Below mentioned are the successions which Russia can avail after doubling its production capabilities of polymers by 2030,

• Increasing export capabilities – Russia’s production capability and its doubled export value by 2023 will get the country divergent export varieties supporting economic growth to a tremendous extent.

• Strengthening of manufacturing sectors – Doubling the production of polymers production in the Industrial sectors of Russia will enhance the effective productivity of the manufacturing sectors.

• Decreasing reliance on imports – Doubling the production of polymers by 2030 will reduce the reliance of the country on its imports for polymers, which will enhance supply chain security.

Top 10 Leading Exports of Polymers

The leading polymers of the dominating export market of Russia that is going to maintain its sustainable stability in the upcoming years are discussed below,

• Polyethylene (PE) – The export value of Polyethylene in 2023 – 10 billion US dollars, Estimated export projection by 2030 – 10.89 billion US dollars.

• Polypropylene (PP) – Export value of Polypropylene in 2023 – 8 billion US dollars, Estimated export projection by 2030 – 9.14 billion US dollars.

• PVC – The export value of PVC in 2023 – 7 billion US dollars, Estimated export projection by 2030 – 8.89 billion US dollars.

• Polystyrene (PS) – The export value of Polystyrene in 2023 – 6 billion US dollars, Estimated export projection by 2030 –7.5 billion US dollars.

• PET – The export value of PET in 2023 – 5 billion US dollars, The Estimated export projection by 2030 – 6.24 billion US dollars.

• Polycarbonate (PC) – The export value of Polycarbonate in 2023 - 4 billion US dollars, Estimated export projection by 2030 – 5.72 billion US dollars.

• Polyurethane (PU) – The export value of Polyurethane in 2023 – 3 billion US dollars, Estimated export projection by 2030 – 4.81 billion US dollars.

• Polymethyl Methacrylate (PMMA) – The export value of Polymethyl Methacrylate in 2023 – 2 billion US dollars, Estimated export projection by 2030 – 3.84 billion US dollars.

• Polyvinyl Alcohol (PVA) – Export value of Polyvinyl Alcohol in 2023 -1.5 billion US dollars, Estimated export projection by 2030 – 2.8 billion US dollars.

• Polyamide (PA) – The export value of Polyamide in 2023 – 1 billion US dollars, Estimated export projection by 2030 – 1.71 billion US dollars.

Who Will Be the Russia’s Top Exporting Countries?

The growing global demand for polymers and their increasing efficacy in different industrial sectors are on their way to record tremendous hikes in its export market. The top 10 countries with which the nation is going to export most of its polymer production in the upcoming years are discussed below,

• China – According to the China Export Data, Polymer’s Export value of 2023 – 12 billion US dollars, Estimated projection by 2030 – 16 billion US dollars.

• Germany – According to the Germany Export Data, Polymer’s Export value of 2023 –10 billion US dollars, Estimated projection by 2030 – 13 billion US dollars.

• Italy – According to the Italy Export Data, Polymer’s Export value of 2023 – 8 billion US dollars, Estimated projection by 2030 – 12 billion US dollars.

• Egypt – According to the Egypt Export Data, Polymer’s Export value of 2023 – 6 billion US dollars, Estimated projection by 2030 – 10 billion US dollars.

• Turkey – According to the Turkey Export Data, Polymer’s Export value of 2023 – 5 billion US dollars, Estimated projection by 2030 – 8 billion US dollars.

• India – According to the India Export Data, Polymer’s Export value of 2023 – 4 billion US dollars, Estimated projection by 2030 – 6 billion US dollars.

• Netherlands – According to the Netherlands Export Data, Polymer’s Export value of 2023 – 3 billion US dollars, Estimated projection by 2030 – 5 billion US dollars.

• Belarus – According to the Belarus Export Data, Polymer’s Export value of 2023 – 2 billion US dollars, Estimated projection by 2030 – 4 billion US dollars.

• France – According to the France Export Data, Polymer’s Export value of 2023 – 1.5 billion US dollars, Estimated projection by 2030 – 3 billion US dollars.

• CZECH Republic – According to the CZECH Republic Export Data, Polymer’s Export value of 2023 – 1 billion US dollars, Estimated projection by 2030 – 2.5 billion US dollars.

FAQ’s

Que. What is the total export value of Polymers in 2023?
Ans. The total export value of Polymers in 2023 is 20 billion US dollars.

Que. What is the top polymer export of Russia?
Ans. The top polymer export of Russia is polyethylene.

Que. Who is the top export trade partner of Russia?
Ans. The top export trade partner of Russia is China.

Que. Where can you get a detailed trade analysis of polymer export in Russia and its upcoming projections?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of polymer export in Russia and its upcoming projections.

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