Transparent plastics market research on type, polymer type, application, and region. It strategically profiles key players and comprehensively analyzes the ranking of the leading market players. It also tracks and analyzes competitive developments such as agreements, expansions, acquisitions, contracts, joint ventures, and new product launches in the transparent plastics market.
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The transparent plastics market is projected to grow from USD 101.97 billion in 2017 to USD 137.75 billion by 2022, at a CAGR of 6.2% from 2017 to 2022. Increasing adoption of transparent plastics by end-use industries, improved shelf-life of packaged food products, high demand in emerging regions, and ease of customization are key factors driving growth of transparent plastics market across the globe.
Transparent Plastics Market, By Polymer Type
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polystyrene (PS)
- Polycarbonate (PC)
- Polymethyl Methacrylate (PMMA)
Transparent Plastics Market, By Application
- Building & Construction
- Electrical & Electronics
- Consumer Goods
Transparent plastics market research methodology used to estimate & forecast size of begins with capturing data from revenues of key vendors.
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This data has been obtained from various secondary sources like Hoovers, Bloomberg, Factiva, & various other government & private websites. Offerings of vendors have been taken into consideration to determine segmentation of transparent plastics market.
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Packaging application segment of transparent plastics market is projected to grow at highest CAGR from 2017 to 2022. Demand for transparent plastics in packaging application is driven by their use in PET bottles, shrink wraps, food wrappings.
Application of transparent plastics in packed water sector is growing globally.
Key Target Audience
- Manufacturers of Transparent Plastics
- Traders, Distributors, and Suppliers of Transparent Plastics
- Government and Research Organizations
- Associations and Industrial Bodies
- R&D Institutions
- Environment Supporting Agencies
- End-use Industries of Transparent Plastics
- Investment Banks & Private Equity Firms
Transparent plastics market has a diversified ecosystem of upstream players, which includes raw material suppliers, along with downstream stakeholders, vendors of transparent plastics, end users, and government organizations. DuPont (US), Dow Chemical Company (US), LyondellBasell (Netherlands), SABIC (Saudi Arabia), Covestro (Germany), BASF (Germany), INEOS (UK), PPG Industries (US), Evonik Industries (Germany), LANXESS (Germany), Teijin Limited (Japan), LG Chem (South Korea), Denka (Japan), Trinseo (US), Asahi Kasei (Japan), Eastman Chemical Company (US), Chi Mei Corporation (Taiwan), and Arkema (France) are the key players operating in the transparent plastics market.
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The Asia Pacific region is the largest market for transparent plastics across the globe. The major driver for the transparent plastics market in the region is the growing application in packaging, construction, automobile, electronics, consumer goods, and other industries.
2 Market Ranking of Key Players
3 Competitive Scenario
7 New Product Launches
9 Joint Ventures
The growth of these end-use segments is largely driven by growing population, increasing per capita income, and changing lifestyle in the region. The rising demand for transparent plastics across the globe has led to capacity expansions by manufacturers of transparent plastics.
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