70 likes | 77 Views
Global Transparent Plastics Market Information: By Type (Rigid, Flexible), Polymer Type (Pet, PVC, PP, Ps, Pc, Abs, and Others), End-Use Industry (Packaging, Building & Construction, Electrical & Electronics, Automotive), and Region- Forecast Till 2023<br>
E N D
Transparent Plastics Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Transparent Plastics Market Research Report- Forecast to 2023 Transparent Plastics Market -Overview Transparent Plastics are flexible or moldable when placed above a specific temperature and returned to a solid state upon cooling. These plastics boast various properties like low electrical and thermal conductivity, recyclability, lightweight, shock resistance, water resistance, durability, corrosion and chemical resistance, and others. The Global Transparent Plastic Market is slated to experience an impressive CAGR over the forecast period of 2018-2023. The market is primarily driven by the proliferating demand for plastics from the packaging industry, particularly from the F&B packaging industry. This demand can be attributed to the plastic’s moisture barrier, corrosion resistant nature, and micro-organisms repelling characteristics. All these aids to provide an improved shelf life of the food products. Transparent plastics are even used extensively in the pharmaceutical and FMCG packaging industry, which is most likely to propel the demand of the market in the forthcoming years. Moreover, the increasing usage of these products in electric vehicles due to its reliable insulation properties, high mechanical properties, safe operations, and others is also believed to have a major positive impact on the market growth of transparent plastics. As from the environmental point of view, the burgeoning growth of electric vehicles globally is a major factor that is expected to drive the market. However, amidst all these, the fluctuating state of the raw material prices can go on to pose a challenge to the market and hamper its growth trajectory during the forecast period. www.marketresearchfuture.com
Transparent Plastics Market Research Report- Forecast to 2023 Segmental Analysis The Global Transparent Plastics Market is segmented on the basis of the type, polymer type, end-use industry, and region. On the Basis of the Type, the Global Transparent Plastics Market is segmented into rigid and flexible. Based on the Polymer Type, the Global Transparent Plastics Market is segmented into polyethylene terephthalate (PET), polyvinyl chloride (PVC), polypropylene (PP), polystyrene (PS), polycarbonate (PC), acrylonitrile butadiene styrene (ABS), polymethyl methacrylate (PMMA), and others. On the Basis of the End-User Industry, the Global Transparent Plastics Market is segmented into packaging, building & construction, electrical & electronics, automotive, consumer goods, and others. View Full Press Release @ https://www.marketresearchfuture.com/reports/transparent-plastics-market-6077 www.marketresearchfuture.com
Transparent Plastics Market Research Report- Forecast to 2023 Regional Outlook Regionally, the Global Transparent Plastics Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Asia Pacific dominated the Global Transparent Plastics Market in 2016 owing to the growing demand from packaging, automotive, construction, and electronics industries in the region. Changing lifestyle trend of the consumers along with high disposable income is likely to fuel the demand for ready-to-go processed food. This, in turn, may result in high demand for transparent plastics for food storage and beverage bottling during the forecast period. Furthermore, the high demand for fuel-efficient automotive due to several regulations regarding environment health protection such as Chinese State Environment Protection and Bharat Stage Emission Standards is expected to drive the market growth. Rapid industrialization and urbanization have augmented the demand for the Transparent Plastics in countries such as China and India. The electronics industry in Japan and China is another factor likely to propel the market growth over the review period. Furthermore, technology transitions such as rollout of 4G/LTE networks and various initiatives such as Digital India are expected to augment the demand for electronics in the region. According to the National Investment Promotion and Facilitation Agency, the Indian electronics market is nearly 75% imports driven and the government has envisioned a target of “Net Zero Imports” by 2020, which is expected to boost the Transparent Plastics demand in the manufacturing of electronics. North America was the second largest region in the Global Transparent Plastics Market in 2016 on account of the growing demand from packaging, reviving construction, automotive industries in the region. The fast-paced lifestyle of the consumers is likely to fuel the demand for processed food with longer perishability in the region. Rising adoption of lightweight automotive with low emission and higher fuel efficiency are expected to augment the market growth. Europe is projected to witness significant growth due to the high production and exportation of various automotive parts in the region. www.marketresearchfuture.com
Transparent Plastics Market Research Report- Forecast to 2023 Major Players in this Research Transparent Plastics Market Prominent Players: • DowDuPont (U.S.) • LyondellBasellIndustries Holdings B.V. (Netherlands) • SABIC (Saudi Arabia) • CovestroAG (Germany) • BASF SE (Germany) • INEOS (U.K) • PPG Industries, Inc. (U.S.) • EvonikIndustries (Germany) • LANXESS (Germany) • TEIJIN LIMITED (Japan) • LG Chem (South Korea) • Denka Company Limited (Japan) • Trinseo(U.S.) and Eastman Chemical Company (U.S). Get Free Sample @ https://www.marketresearchfuture.com/sample_request/6077 www.marketresearchfuture.com
ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. www.marketresearchfuture.com
MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) www.marketresearchfuture.com