Medical is the fastest-growing application segment of the plastic adhesives market
The plastic adhesives market is projected to grow from USD 6.8 billion in 2020 to USD 9.2 billion by 2025, at a CAGR of 6.3% between 2020 and 2025. APAC is the largest consumer of plastic adhesives. Increasing demand in the medical industry, growth in the appliance industry, and growing demand from packaging and e-commerce industries are the factors driving the plastic adhesives market.
The...
SABIC (Saudi Arabia) and Celanese (US) are the Major Players in the COVID-19 Impact On Medical Plastics Market
The global medical plastics market size during this pandemic is projected to grow from USD 25.1 billion in 2020 to USD 29.4 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 17.2% during the forecast period. The major drivers for the medical plastics industry include the growing demand from OEMs and medical device/equipment manufacturers for the production of critical care systems such as...
Sustainable Plastic Packaging Market is projected to grow at USD 117.3 billion by 2025, at a CAGR of 5.6%
The global sustainable plastic packaging market size is projected to grow from USD 89.0 billion in 2020 to USD 117.3 billion by 2025, at a CAGR of 5.6% during the same period. The market is projected to grow in accordance with the growth of various end-users of sustainable plastic packaging across the globe.
The sustainable plastic packaging industry has been growing as a result of stringent laws...
Significant growth for biodegradable mulch films is observed in the Asia-Pacific region
The Asia-Pacific region is projected to grow at the highest rate in the biodegradable mulch films market. China is on the top of the list in terms of sales of biodegradable mulch films. Increasing population, especially in the Asia-Pacific region, has resulted in increasing demand for food, which will lead to increased usage of biodegradable mulch films in crop production. The rising population...
Market Leaders – Bioplastics & Biopolymers Market
The market size of bioplastics & biopolymers is estimated at USD 6.95 billion in 2018 and is projected to reach USD 14.92 billion by 2023, at a CAGR of 16.5% from 2018 to 2023. Increasing the use of bioplastics in the packaging industry, increase in waste management regulations in Europe, favorable government policies, increased focus on bio-based content rather than biodegradability, and growing...
Key Development Strategies Adopted by the Leading Players for the Growth of the Thermoforming Plastic Market
The thermoforming plastic market size is growing due to the rising healthcare & pharmaceuticals and food & agriculture packaging industries and increasing manufacturing activities. The increasing popularity of retail shopping and rising consumer spending for processed & packed goods are fuelling the demand for thermoforming plastic. Factors such as changing demographics and lifestyles...
Study Predicts Growth in Market for Wood Plastic Composite
Wood Plastic Composite Market Industry Leaders & New Revenue Pockets
Wood-plastic composites are the composites made from wood fibers or wood flour and thermoplastic materials such as polyethylene (PE), polypropylene (PP), and polyvinylchloride (PVC). Additives are used in wood-plastic composites to enhance the physical and mechanical properties within the polymer matrix. Building & construction...