Scienza e Tecnologia
Global Plastics Industry Expected To Witness Steady Growth From 2024 to 2030: Grand View Research, Inc.
The global size was and is projected to grow at a . 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.
The size was globally and is expected to expand at a . Antimicrobial plastic contains antimicrobial additive that makes it effective against the growth of microbes such as algae, fungi, and mold. These microbes tend to shorten the life of plastic products; thus, the use of antimicrobial plastics has increased in recent years in various end-use industries such as food and beverage, packaging, and healthcare, which are expected to be the main drivers of the global market during the forecast period.
Global size was and is anticipated to grow a . The expansion of the market is being fueled by the increasing demand for lightweight materials in vehicle manufacturing, driven by the pursuit of enhanced fuel efficiency and reduced emissions.
The size was globally and is expected to expand at a . Factors, such as growth in demand for silicones in various applications of automobiles and government regulations on vehicle emissions is expected to boost the market growth.
The global size was and is projected to grow at a . Governments prohibiting the use of single-use plastic coupled with rising awareness among the public regarding the ill effects of plastic waste are among the key trends stimulating market growth.
The size was globally and is expected to expand at a . Growing environmental concerns linked to the usage of conventional plastics, coupled with growth of key end-user industries in emerging markets of Asia Pacific and Middle East are expected to fuel the market growth.
Global size was and is expected to expand at a . Breathable films are majorly used in various end-uses such as feminine hygiene, adult incontinence types, surgical drapes, and diapers. Growing demand for hygiene products in accordance with growing population and increasing disposable income level in Asia Pacific is expected to boost the demand for breathable films over the forecast period.
The size was globally and is expected to grow at a . This growth can be attributed to the development of advanced plastics and plastic composites used in medical components such as catheters, surgical instrument handles, and syringes. The demand for medical device packaging is likely to be driven by a rise in demand for in-house and advanced medical devices.
The global size was and is expected to grow at a . The growth of the PLA market is mainly driven by the growing demand for polylactic acid (PLA) biodegradable resin in packaging across both developed economies and emerging economies such as China , India , Italy and others.
The size was globally and is expected to expand at a . Increasing demand from various industries, including automotive, construction, and furniture is expected to fuel the market growth. Polyurethane (PU) foam's demand is driven by its versatility and excellent insulation properties, thus making it an ideal material for ensuring the comfort, safety, and energy efficiency of using products.
Global size was and is expected to grow at a . The market growth can be attributed to the rising sustainability measures undertaken by food & beverage and packaging companies to use recycled plastic materials.
The size was globally and is projected to grow at a . Increasing plastic consumption in the production of lightweight components which are used in various industries, including building & construction, automotive, electrical & electronics, and various other industries, are expected to propel the market growth over the forecast period.
Global size was and is expected to grow at a . The market is expected to grow significantly owing to increasing demand in various application segments such as baby diapers, adult incontinence, agriculture, and female hygiene products.
The size was globally and is projected to grow at a . Globally increasing demand from the footwear sector is expected to be a key factor propelling the overall market growth. The high cost of natural leather is another factor that has driven the need for natural leather replacements.
The global size was and is expected to grow at a . Increasing demand for paints and coatings is anticipated to drive market growth significantly during the forecast period. Increasing demand for epoxy resins is attributed to growing spending on construction, particularly residential construction, especially in North America and Western Europe .
The size was globally and is expected to grow at a
The growth of the industry is mainly driven by the increasing investments in the automotive sector across emerging economies, such as
China and India .
Global size was and is projected to grow at a . Growth of automotive industry in Asia Pacific and Middle East is expected to propel the market growth. Nylon has been increasingly find new usage with the automotive industry and this has helped the product to penetrate further within the industry.
The size was globally and is anticipated to witness a . Phenolic resins are commonly used to across applications, including wood adhesives, molding, insulations, laminates, paper impregnation, coatings, and other applications such as abrasives, composites, carbon binders, friction materials, sound-roof bonding felt, and tires & rubbers. Increasing construction activities across Asia Pacific and Middle East to remain a key driver over the forecast period.
The global size was and is expected to grow at a . The ongoing technological advancements in several end-use industries and the growing demand for lightweight and cost-effective products are expected to boost market growth over the forecast period.
The size was globally and is expected to exhibit a . The increasing demand for lighter and more fuel-efficient vehicles in the automobile industry is one of the primary drivers for the growth of the polymethyl methacrylate (PMMA) industry.
The global size was and is projected to grow at a . Increasing demand from the packaging industry on back of growing e-commerce industry globally is expected to remain a key driver over the forecast period.
The size was globally and is expected to grow at a . Growing demand for silicone in various end-use industries, including personal care, consumer goods, industrial processes, and construction, is expected to drive market growth.
Global size was and is projected to grow at a . The market for thermoplastic vulcanizates (TPV) is expected to grow during the forecast period due to rising demand for lightweight, environmentally friendly solutions that offer exceptional durability as well as increased safety particularly in the automotive industry.
size was globally and is expected to grow at a . Increasing demand from various applications such as batteries, medical grade & prosthetics, additives, fibers, filtration, and membranes are significantly driving the growth of UHMWPE market.
The global size was and is expected to expand at a . Recent developments in the construction and end-use of tanks & pipes are likely to drive demand for isophthalic compounds in these segments. The increase in the use of environment-friendly and energy-saving products is also expected to have a positive impact on the market during the forecast period.
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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