The market for Plastics Injection Molding was valued at around 1,34,240 kilotons in 2021 and the market is expected to register a CAGR of more than 3.5% during the forecast period 2022-2027. The Covid-19 pandemic had a negative impact on the plastics injection molding market, however the market has now been estimated to have reached...
The global heavy gauge and thin gauge thermoformed plastics market was valued at USD 68,000 million in 2020 and is expected to reach USD 96,900 million by 2026, recording an estimated CAGR of over 5.5% over the forecast period, 2021-2026. The market was negatively impacted by COVID-19 in 2020. Owing to the pandemic, various countries...
The plastic additives market size is estimated to be USD 45.6 billion in 2021 and is projected to reach USD 59.9 billion by 2026, at a CAGR of 5.6% between 2021 and 2026. Plastic additives have a large number of applications such as packaging, construction, automotive, consumer goods, textile, agriculture, and medical. Growth in the market...
The rigid plastic packaging market is projected to grow from USD 198.9 billion in 2021 to USD 250.2 billion by 2026, at a CAGR of 4.7% during the forecast period. Rigid plastic packaging solely involves the usage of a rigid plastic material that does not exhibit elastic deformation and has a relatively rigid shape or form. It includes products...
The Global Plastic Additives Market was estimated at USD 24,814.43 million in 2020 and the market is projected to register a CAGR of over 4.5% during the forecast period (2021-2026). The market was negatively impacted due to COVID-19 outbreak in 2020. COVID-19 exposed several challenges for various industries. The world apparently moved...
The engineering plastics recycling market is expected to record a CAGR of more than 6% during the forecast period. The major factor driving the growth of the market studied is the growing emphasis on sustainability among consumers and packaging products. On the flipside, difficulty in collecting and sorting mixed plastic, along...
The market for bio-polylactic acid is expected to register a CAGR of around 20% during the forecast period. Major factors driving the market studied are favorable government policies promoting bio-plastics and the growing demand for cellulose-derived fibers in the textile industry. Price competitiveness and availability of cheaper alternatives...
The Plastic adhesives market is projected to grow from USD 6.8 billion in 2020 to USD 9.2 billion by 2025, at a CAGR of 6.3% between 2020 and 2025. APAC is the largest plastic adhesives market and is also projected to register the highest CAGR. This high growth is due to the growing demand from the packaging, building & construction, and automotive...
The market for polyvinyl chloride (PVC) is anticipated to register a CAGR of around 3.5% during the forecast period. One of the major factors driving the growth of the market studied is the rising usage of PVC from the automotive industry. The rising demand from construction and increasing applications in the healthcare sector have also significantly...
The global market for industrial films is expected to register a CAGR of over 4% during the forecast period. The major factor driving the market studied is the increasing demand for packaging in the food industry. On the flip side, unfavorable conditions arising due to the COVID-19 outbreak is hindering the growth of the market. The...