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The global plastic compounding market size is anticipated to reach USD 112.08 billion by 2030, advancing at a steady CAGR of 7.4% during the forecast period of 2022 to 2030. The process of plastic compounding involves the customization of the basic plastic raw material using various additives for achieving the required property, colors, and performance requirements. Read More »
The global injection molded plastics market is expected to witness USD 423.7 billion by 2030 and exhibit a CAGR of 4.2%. The use of plastic components in end-use industries like home appliances, packaging, automotive, medical devices, and electronics is anticipated to drive the industry’s growth during the forecast period. Read More »
The global plastic market is poised to total USD 593.00 billion in 2021 and is anticipated to exhibit growth at a CAGR of 3.7% from 2022 to 2030. The growth of the market is attributed to the rising use of plastics in the automotive, construction, and electrical & electronics industries.Read More »
The global plastics in consumer electronics market were prized by USD 5.50 billion in 2020. It is estimated to witness 3.8% CAGR from 2021 to 2028. The growing demand from wearable as well as smart phone manufacturing companies along with the increasing demand for tablets plus laptops are the factors, expected to power the enlargement of the market for plastics in consumer electronics.Read More »
The global post-consumer recycled plastics in consumer electronics market was prized by USD 11.4 million in 2020. It is estimated to witness 8.6% CAGR from 2021 to 2028. The issues like speedy industrial development, increasing demand for the e-waste in consumer electronics goods, rising urban development, and growing disposable earnings through the world have pushed the need for electronic apparatuses.Read More »
The global Medical Tubing Market was appreciated at US$ 5.96 billion during 2017 and is expected to touch US$ 11.95 billion by 2025. It is estimated to witness a CAGR of 9.1% during the period of forecast.Read More »
The global 3D Printing Plastics Market is estimated to reach USD 1.98 billion by 2025, with a CAGR of 24.9% during the forecast period. 3D printing plastics possess flexibility, durability and have a high temperature resistance often preferred for plastic engineering and professional applications. ABS is a type of 3D printing plastics with excess need for heated print bed with reliability.Read More »
The global Medical Plastics Market size is expected to value at USD 33.6 billion by 2025. The market is subject to witness a substantial growth due to the growing demand for sterilized plastics form healthcare sector. Implementation and upgradation of infection prevention standards is one of the critical factors responsible for the growth of medical plastics industry of late.Read More »
The global Polyolefin (POF) Shrink Film Market is estimated to touch US$ 7.4 billion by the completion of the prediction period. The polyolefin shrink film industry was appreciated by US$ 4.50 billion in the year 2016. The growing diffusion of the product in foodstuff & liquid refreshment, industrial packaging, consumer goods, and medicines application due to the better-quality features of the product is likely to motivate the demand above the period of prediction. The polyolefin (POF) shrink film market is expected to grow at the CAGR of 5.8%.Read More »
In 2016, the global solution styrene butadiene rubber (S-SBR) market size was valued at USD 2.51 billion. The demand for S-SBR in footwear and tire applications is increasing owing to its high synthetic flexibility is expected to drive market growth.The automotive companies are developing vehicles with high performance and durability, resulting in stringent tire performances specifications. Read More »
Global Automotive Plastics Market is anticipated to reach USD 68.5 billion by 2025. To make cars safer and fuel efficient, plastics are being used extensively. It renders vehicles lightweight and increases their fuel efficacy by reducing carbon emissions. The Automotive industry is a major market for plastic processors.Read More »
Global Automotive Plastics Market is anticipated to reach USD 68.5 billion by 2025. To make cars safer and fuel efficient, plastics are being used extensively. It renders vehicles lightweight and increases their fuel efficacy by reducing carbon emissions. The Automotive industry is a major market for plastic processors.Read More »
The global antimicrobial additives market size was valued at USD 7.86 billion in 2015. Increasing use of the product in number of end use industries such as food and beverages, healthcare, packaging, construction, automotive, furniture and electronics is expected to be a driving force of growth.Read More »
Europe Medical Plastic Market is expected to reach USD 4.84 billion by 2024. Plastic is termed as a material, which is a part of synthetic solids, or semi-synthetic solids, which are used in producing industrial products. Medical plastic makes the procedure simpler and patients safer. It is used in manufacturing of several medical devices and equipment’s from diagnostic wants to MRI machines as well as surgical and medical tubing.Read More »