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It is projected that the global production of thermoplastics will amount to 445.25 million metric tons in 2025. Annual production volumes are expected to continue rising in the following decades, rising to approximately 590 million metric tons by 2050. this would be an increase of more than 30 percent compared with 2025. Between 2010 and 2020, the global production of plastics has increased from 270 million metric tons to almost 370 million metric tons.