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Global Transparent Plastics Market size was valued at USD 131.82 billion in 2021 and is poised to grow from USD 139.1 billion in 2022 to USD 214.1 billion by 2030, growing at a CAGR of 5.54% in the forecast period (2023-2030).
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Global Transparent Plastics Market Size, Share, Growth Analysis, By Type, By Application, By Polymer type Polyvinyl Chloride by Form- Industry Forecast 2023-2030. Global Transparent Plastics Market Insights Global Transparent Plastics Market size was valued at USD 131.82 billion in 2021 and is poised to grow from USD 139.1 billion in 2022 to USD 214.1 billion by 2030, growing at a CAGR of 5.54% in the forecast period (2023-2030). Acrylic and polycarbonate transparent plastics are stronger than other clear sheet metal materials and are frequently used in glazing structures for structures that require both transparency and high-performance mechanical structures. Polycarbonate is a shatter-proof, transparent, and lightweight material. Plastics have low thermal conductivity, so they save money on heating and cooling while still protecting against extreme weather. Furthermore, the light weight of the transparent plastic provides additional benefits during transportation by reducing the risk of breakage and requiring less fuel. Transparent plastics appear to be more expensive in the packaging industry when compared to other materials. Transparent
plastic demand is supposed to propel growth of the global market in developing markets such as India and China, where it is widely used for food and beverage packaging. As a result, it is giving rise to the transparent plastics market revenue growth during the forecast period. Plastic waste should be disposed of properly to avoid pollution. However, it is one of the most significant constraints on marine species, as various sea turtles are harmed by the misuse of plastic objects, which often resemble jellyfish or crab larvae. Global Transparent Plastics Market Segmental Analysis Global transparent plastics market is segmented based on the type, application, polymer type, form, and region. Based on type, global is segmented into rigid, and flexible. Based on application, the market is segmented into electrical & electronics, packaging, building & construction, automotive, healthcare, and others. Based on polymer type, the market is segmented into Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polypropylene (PP), Polystyrene (PS), Polycarbonate (PC), and others. Based on form, the market is segmented into rigid transparent plastics, and flexible transparent plastics. Based on region, it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA. Analysis by Application Based on application, the global market is segmented into electrical & electronics, packaging, building & construction, automotive, healthcare, and others. The packaging segment which accounted for a sizable share of the transparent plastics market in 2021 followed by building & construction, is expected to expand further with the highest growth rate during the forecast period. The packaging industry is rapidly moving toward lightweight, transparent, and long-lasting materials in response to the majority of
customer demands. As a result, because polyethylene terephthalate films and sheets have these qualities and are relatively inexpensive, there is an increasing demand for them. Transparent polymers, such as polyethylene terephthalate films, are largely replacing conventional films for food packaging because they are better, more cost-effective, and stronger over a wider temperature range. Get a complete overview of Sparkling Water Market https://www.skyquestt.com/report/transparent-plastics-market Top Player's Company Profiles •Dow Chemical Company •LyondellBasell Industries N.V. •ExxonMobil Corporation •Covestro AG • SABIC •INEOS Group Holdings S.A. •BASF SE •Eastman Chemical Company •Mitsubishi Chemical Holdings Corporation •LG Chem Ltd. •Teijin Limited •Arkema S.A. •Asahi Kasei Corporation •Evonik Industries AG •Formosa Plastics Corporation •Solvay S.A.
•Sumitomo Chemical Co., Ltd. •Toray Industries, Inc. •Celanese Corporation •RTP Company About Us: Sky Quest Technology is leading growth consulting firm providing market intelligence, commercialization, and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email:sales@skyquestt.com Sky Quest