Transparent Plastics Market, By Product Type (Rigid, Flexible), By Polymer Type (PET, PVC, PP, PS, P

Published Date: | Report Code : MT1953050

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Transparent Plastics Market is generally very pliable or moldable above a specific temperature and usually returns to a solid state upon cooling. These plastics exhibit properties such as recyclability, resistance to corrosion and chemicals, lightweight, low electrical and thermal conductivity, shock resistance, durability, water resistance, and others.

Segment Analysis :

On the basis of type, it is segmented into rigid and flexible. The rigid transparent plastics are most widely used and are now replacing the traditional glass, metal, and paperboard due to properties such as low cost, recyclability, etc.

By polymer type, it is segregated into PET, PVC, PP, PS, PC, PMMA. The PET polymer type is majorly used for food & beverage packaging as it is extremely lightweight and easy to transport.

On the basis of application, it is classified into packaging, building & construction, electrical & electronics, automotive, consumer goods. There has been significant growth in the demand for transparent plastics from the packaging segment. The growth of this segment is due to the increasing demand for packaged products as it improves the shelf life of products. 

Key Factors Impacting Market Growth:

  •  Its properties such as recyclability, resistance to corrosion and chemicals, lightweight, low electrical and thermal conductivity, shock resistance, durability, water resistance, and others
  • Features like moisture barrier, micro-organisms repelling, and corrosion resistant, which results in the improved shelf life of food products
  • Growth of the healthcare, construction, packaging, automotive, and consumer goods industries

Regional Analysis:

The transparent plastics market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe are major regions for the transparent plastics market owing to diversified demand from end-use industries and competitive scenarios. Some of the major end-use industries in these regions include packaging, building & construction, electrical & electronics and automotive. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for the transparent plastics market in these regions include the US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions.

Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies. Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. China, India, Brazil, South Africa, South Korea, Japan, and others have been some of the key economies in the region. Packaging, building & construction, and automotive are some of the major industries in the region with strong potential for the transparent plastics market. Middle East promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of key markets with demand from packaging, building & construction, and automotive

Market Segmentation:

By Product Type:

  • Rigid
  • Flexible

By Polymer Type:

  • PET
  • PVC
  • PP
  • PS
  • PC
  • PMMA

By Application:

  • Packaging
  • Building & Construction
  • Electrical & Electronics
  • Automotive
  • Consumer Goods

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product Type
    • By Polymer Type
    • By Application
  • Western Europe:
    • By Country (Germany, UK, France, Spain, Rest of Western Europe)
    • By Product Type
    • By Polymer Type
    • By Application
  • Eastern Europe:
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product Type
    • By Polymer Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Product Type
    • By Polymer Type
    • By Application
  • Middle East:
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Product Type
    • By Polymer Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Product Type
    • By Polymer Type
    • By Application

Companies Covered:  BASF SE, PPG Industries, LG Chem, E. I. Du Pont De Nemours and Company, Asahi Kasei Corporation, Evonik Industries AG, The Dow Chemical Company, Teijin Limited, Eastman Chemical Company, Chevron Phillips Chemical Company, Exxon Mobil Corporation, and PolyOne Corporation.

Reasons to Buy This Report:

  • Market size estimation of the global transparent plastic market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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