World Rigid Transparent Plastics Market to Post 5% CAGR to 2022, Forecasts Industry Experts in Its Study Available at MarketPublishers.com
09 Mar 2017 • by Natalie Aster
LONDON – The world demand for rigid transparent plastics is poised to be propelled by innovations in raw materials technology and sustainable manufacturing techniques. For example, advances in resin or raw material technologies have helped polystyrene producers impede the challenges coming from other resins. At the same time, manufacturers are also facing great pressure to put to use sustainable manufacturing techniques, which can negatively influence smaller firms in keeping pace with the competition.
Some producers have been involved in the development and production of innovative grades of rigid transparent plastics that provide excellent performance, like enhanced optical transmission, strength, rigidity, endurance, yellowing resistance and excellent thermal characteristics. These developments are likely to help rigid transparent plastics grab more market share, thus expanding their applications in a set of industries, comprising cars, building and construction, electronics and durable consumer goods, and medical devices.
Being valued at 25.6 billion pounds as of 2016, the worldwide rigid transparent plastics market volume is expected to reach 26.9 billion pounds by 2017-end; and it is forecast to post 5% CAGR till 2022 and reach 34.3 billion pounds by the end of the period.
The building and construction industry is and will likely be the dominant consumer of rigid transparent plastics due to their unique properties such as ease of installation, energy saving, recycling, durability, safety, and cost effectiveness.
In-demand research report “Rigid Transparent Plastics – A Global Market Overview” created by Industry Experts reviews, examines and forecasts the market from 2012 to 2022 worldwide and across the regional markets such as North America, APAC, Europt and RoW, and also across 13 independent nations within these regions.
The study offers detailed market categorisation by polymer types and major end-users with respect to consumption by volume through to 2022. An extensive regional market analysis is provided. The report casts light on the game-changing market and business trends in the marketplace. Furthermore, the research includes exhaustive profiles of the top 35 global players and 37 key players region-wise. The study also includes a listing of the companies engaged in the production and supply of rigid transparent plastics. The global company listing encloses addresses, website addresses and contact details of 52 firms.
More in-demand market studies by this publisher are available at Industry Experts page.