Plastic Market Research Report

  The global hybrid adhesives & sealants market size was estimated at   USD 11.86 billion   in 2017 and is projected to witness a   CAGR of 8.3%   from 2017 to 2025. Growing preference for hybrid resins in end-use industries, such as building and construction and automotive is expected to drive the global market. Hybrid sealants and adhesives are a combination of two resins that inherit the pros of both resins, but avoid most of their cons. When compared to single resin-based adhesives and sealants they offer a better and efficient performance, which is driving their increasing application. Gather more insights about the market drivers, restraints and growth of the  Hybrid Adhesives & Sealants Market The growth of the global market is attributed to increasing infrastructural developments and automotive production across the globe. The global construction industry is expected to progress at a growth rate of 6% over the forecast period. Asia Pacific i...

  The global plastic market size was estimated at   USD 624.8 billion in 2023   and is expected to grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. The increasing substitution of glass, metals, wood, natural rubber, and other materials, by plastics is expected to drive the global plastics market in the coming years. Furthermore, plastic resins is one of the most heavily regulated markets across the globe. A number of players are operating in the global resins market, offering a variety of plastic resins. Some of plastic resins are polystyrene (PS), polyethylene (PE), acrylonitrile butadiene styrene (ABS), polypropylene (PP), polybutylene terephthalate (PBT), polyphenylene oxide (PPO), polyurethane (PU), polyether ether ketone (PEEK), polyvinyl chloride (PVC), polyethylene terephthalate (PET), polycarbonate (PC), polysulfone (PSU), polyamide (PA), and polyphenylsulfone (PPSU).   Polypropylene is the most common resin used in several end-use indu...

  The global molded pulp packaging market size was estimated at   USD 5.45 billion in 2023   and is expected to grow at a CAGR of 7.4% from 2024 to 2030. Factors attributing to market growth include increasing demand for sustainable & eco-friendly packaging solutions and increasing demand from end-use industries such as food packaging, healthcare, food service, electronics, and others. Manufacturers are striving for maintain healthy competitive environment across market space by implementing various strategies. For instance, in July 2023, Tekni-Plex, Inc. announced opening of their facility in Ohio, for manufacturing of specialty molded pulp products, especially fiber-based egg cartons.   Food packaging and foodservice industries together dominated North American molded pulp packaging market. This dominance can be correlated to huge demand for packaged food and on-the-go food serving. Commercial food service establishment accounted for over USD 813.4 billion of t...

  The global  plastic market  size is anticipated to reach   USD 645.1 billion by 2030 , according to a new study by Grand View Research, Inc., growing at a CAGR of 4.2% from 2024 to 2030. Increasing automotive production and subsequent rise in plastics consumption in automotive component fabrication because of regulatory policies pertaining to vehicular weight reduction and fuel efficiency are expected to drive the market over the forecast period. Plastics facilitate fuel saving in automotive applications on account of reduced car weight and density as compared to conventional materials, such as metals or rubber. Since the last decade, there has been a substantial demand for the product as a replacement for metals and ferrous alloys across various industries, such as consumer goods, automotive, and industrial machinery.   The growth of the market criticality lies in various factors, such as the ever-increasing requirement of end-users in terms of product s...

  3D Printing Plastics Industry Overview The global 3D printing plastics market size was estimated at USD 972.1 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 24.0% from 2023 to 2030. Ease in customized product development, coupled with favorable government investments are likely to augment the market growth over the coming years. In addition, rising demand from end user industries such as automotive, medical, aerospace & defense are likely to drive the market demand. Recent developments in the additive manufacturing industry have created huge avenues for the automotive industry. It has facilitated the development of innovative, stronger, lighter and safer components and parts with lesser lead times as well as costs. The OEMs mainly utilized 3D printing for rapid prototyping. Thus, the rising product demand in the automotive industry is expected to fuel the market growth in coming years. Gather more insights about the market drivers, restrai...

  Molded Pulp Packaging Industry Overview The global molded pulp packaging market size was estimated at USD 5.45 billion in 2023 and is expected to grow at a CAGR of 7.4% from 2024 to 2030. Factors attributing to market growth include increasing demand for sustainable & eco-friendly packaging solutions and increasing demand from end-use industries such as food packaging, healthcare, food service, electronics, and others. Manufacturers are striving for maintain healthy competitive environment across market space by implementing various strategies. For instance, in July 2023, Tekni-Plex, Inc. announced opening of their facility in Ohio, for manufacturing of specialty molded pulp products, especially fiber-based egg cartons. Gather more insights about the market drivers, restrains and growth of the  Molded Pulp Packaging Market Food packaging and foodservice industries together dominated North American molded pulp packaging market. This dominance can be correlated to huge dem...