Dublin, May 25, 2023 (GLOBE NEWSWIRE) -- The "Transparent Plastics Market, By Type, By Application, By End User Industry, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides in-depth analysis of the global transparent plastics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year.
Company Profiles
- Dow Inc.
- Covestro AG
- Eastman Chemical Company
- SABIC
- Arkema S.A.
- Mitsubishi Chemical Corporation
- Evonik Industries AG
- Sumitomo Chemical Co., Ltd.
- Teijin Limited
- LG Chem Ltd.
Transparent plastics are a type of plastic that can be used for a wide range of applications. These materials have many benefits including recyclability, light weight, and durability. These properties make them a popular choice for several end user industries such as packaging, building & construction, automotive, consumer goods, and healthcare. They are made from various types of polymers, such as PET, PVC, and polycarbonate.
Increasing demand from end user industries and rising consumer preferences for transparent plastics are contributing to the growth of the global transparent plastics market. Moreover, the high demand from developing countries is also anticipated to drive market growth.
Another key factor driving growth of transparent plastics market is the increasing per capita income of the consumer across developing countries.
It is expected that this will continue in the coming years. This will help in increasing the use of these products in various application areas and will propel the market growth to a great extent. In addition, the global economy is witnessing a gradual shift towards sustainable and renewable energy sources. This is encouraging the adoption of bio-based plastics and helping in bolstering the transparent plastics market growth globally.
On the other hand, improper disposal of plastic items poses a pollution threat. This is a major factor that restricts the growth of the global transparent plastics market.
Key features of the study:
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global transparent plastics market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global transparent plastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global transparent plastics market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 155 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $161.2 Billion |
| Forecasted Market Value (USD) by 2030 | $214.91 Billion |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
Detailed Segmentation:
by Type:
- Polycarbonate
- Acrylic
- Polyethylene terephthalate (PET)
- Polymethyl methacrylate (PMMA)
- Others
by Application:
- Packaging
- Building & Construction
- Automotive
- Electrical & Electronics
- Medical
- Others
by End Use Industry:
- Food & Beverage
- Healthcare
- Automotive
- Construction
- Others
For more information about this report visit https://www.researchandmarkets.com/r/d6abou
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