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Month: June 2021

Thermoplastic Market Anticipated to Reach a CAGR of 6% by 2031!

The global thermoplastic market is predicted to grow at a CAGR of 6% from 2021 to 2031 and could possibly reach a valuation of $25 billion by 2031. The steady rise in demand for high-performance thermoplastic engineering plastics is due to their balanced properties of low cost, low density, and ease of processing. Moreover, thermoplastics …

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How is ABS Plastic Made & Why is it Popular Across Various Industries?

Acrylonitrile Butadiene Styrene (ABS) is a popular type of plastic that is extremely durable and resilient, making it perfect for applications that require high impact resistance. In this blog, we discuss why ABS is a favored choice of plastic for various industrial applications and engineering projects. Before we proceed ahead, let us understand how ABS …

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3D Printing Plastics Market: CAGR of 26.1% Predicted for 2023!

The 3D printing plastics market is projected to reach a CAGR of 26.1% and touch $1,965.3 million by 2023. The major driving factor for the market is the rising demand for: Bio-based plastics 3D printing technology across numerous end-user industries. Forward integration by leading plastic manufacturers Let us look at how plastics are classified on …

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Thermally Conductive Plastic Films Could Replace Metals in the Near Future

Plastics have always been the go-to choice when it comes to thermal insulation. For example, polymers like silicone and Styrofoam are good at trapping heat. However, the image of plastics as insulators has evolved. Researchers from the Massachusetts Institute of Technology (MIT) have created thin plastic films that have the ability to conduct heat. Compared …

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