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Orion Market Research US Thermoplastics Market Size, Competitive Analysis, Share, Forecast- 2020-2026 Request a Free Sample @ https://www.omrglobal.com/request-sample/us-thermoplastics- market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The US thermoplastics market is expected to project a considerable CAGR during the forecast period. The US is one of the key markets for plastic packaging, owing to the massive demand generated for plastics from end-user industries. Along with the packaging industry, the construction industry is one of the major contributors to the US economy, as per the Associated General Contractors of America (AGC). Get Free Sample Copy @https://www.omrglobal.com/request-sample/us-thermoplastics- market The investment in infrastructure is anticipated to increase in the near future owing to the growing construction projects. Moreover, the automotive sector is another industry that has a considerable share in the US economy. Though the sales of automotive have decreased in the US, the sales of EVs (electric vehicles) and the installation of charging stations are expected to increase in the future. However, the uncertainty of recovery from the economic disruption of the COVID-19 pandemic has underlined weaknesses in durable goods demand, such as autos and light trucks. Browse for Full Report Description@https://www.omrglobal.com/industry-reports/us- thermoplastics-market The US thermoplastics market is segmented based on type and application. Based on type, the market is broadly categorized into polyethylene (PE), polypropylene (PP), polystyrene (PS), polyvinylchloride (PVC), polyethylene terephthalate (PET), and others. Based on application, the market is segmented into packaging; building & construction; automotive; electrical & electronics; household, leisure & sports; agriculture; and others. The packaging is the major application of thermoplastics and is estimated to contribute a significant share to the market. Furthermore, some of the key players in the market include BASF SE, Exxon Mobil Corp., Hexcel Corp., the Dow Chemical Co., Celanese Corp., and others. These companies are using several strategies to expand market share and gain a competitive advantage over their competitors. The strategies include new product launches, mergers and acquisitions, partnerships, and collaborations. For instance, in January 2019, Hexcel Corp. acquired ARC Technologies, LLC
(“ARC”), a leading supplier of custom RF/EMI and microwave absorbing composite materials for military, aerospace, and industrial applications. The acquisition strengthened the company’s existing advanced materials portfolio in structural composites and thermoplastics. Market Segmentation US Thermoplastics Market by Type Polyethylene (PE) Polypropylene (PP) Polystyrene (PS) Polyvinylchloride (PVC) Polyethylene Terephthalate (PET) Others US Thermoplastics Market by Application Packaging Building & Construction Automotive Electrical & Electronics Household, Leisure & Sports Agriculture Others Company Profiles Arkema Group Overview Arkema group in Thermoplastics Landscape Recent Developments
Airex Industries Inc. BASF SE BioLogiQ Inc. Celanese Corp. Chevron Corp. Cope Plastics Inc. DuPont de Nemours, Inc. Eastman Chemical Co. Exxon Mobil Corp. Hexcel Corp. MBA Polymers, Inc. NOVA Chemicals Corp. Petoskey Plastics, Inc. Rogers Corp. The Dow Chemical Co. The Plastics Group of America (TPG) VIP Rubber Co., Inc. Wellman Advanced Materials, LLC Westlake Chemical Corp. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/us-thermoplastics-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404