DEC

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The Global ABS Market is Predicted to Reach $39.27 million by 2027

Based on recent reports, the global Acrylonitrile Butadiene Styrene (ABS) market could reach $39.27 million by 2027, at a CAGR of 6.3% from 2021-2027. In 2020, the market touched $25.95 billion. ABS is a popular plastic that is widely used access various industries. Some of the applications of ABS are as follows: Applications: Consumer Goods …

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The Opportunities Virtual Reality Can Offer to the Plastic Industry

Virtual reality or VR is a simulation that is different or similar to the real world and is created by implementing computer technology. In this 3D environment, the user is immersed in a vivid experience that enables them to respond and interact with the interface. Opportunities that VR can Offer to the Plastic Industry Following …

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The Global Polypropylene Market is Predicted to Reach $108.57 billion by 2028

By 2028, the global polypropylene (PP) market is predicted to reach $108.57 billion, at a CAGR of 5.2%. The market is estimated to be around $76 billion by the end of 2021. The market can be segmented bu the following: Type: Copolymer Homopolymer End-User: Automotive Healthcare & Pharmaceuticals Construction Packaging Agriculture Consumer Goods Electronics Region: …

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How Robots are Used to Sort out Plastic for Recycling

Each year, plastic recycling companies go through 68 million tons of plastic waste. This weight can be compared to over 30 million vehicles. The entire process of sorting plastic waste is carried out by workers. They sort trash like paper, glass, and plastic that comes through in a conveyor belt. Jobs like these can be …

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How Plastics Items in Our Kitchen Have Made Our Lives More Convenient

Plastics continue to offer amazing advantages in various sectors like medical, automotive, military, construction, electronics, and household industry. They reduce manufacturing costs and contribute to the large-scale manufacture of items. We can say without a doubt that plastics have made everyone’s lives more joyful and convenient. This is also true when it comes to household …

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The Role of Plastics in Agricultural Applications

The growing use of plastics in agriculture has assisted farmers to improve crop quality, increase food production, and even mitigate the ecological footprint. Thanks to the use of plastics, crops can even be planted in desert regions, they can be grown in different seasons, the temperature can be maintained and insects can be prevented from …

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The Global Aerospace Plastics Market Predicted to Reach $27.74 Billion in 2028

Plastic has always been one of the major components in the aerospace industry. They not only improve fuel efficiency but also reduce the weight of the aircraft. They also help military aircraft extend flight range and evade radar detection. Also, components for navigation functions, propulsion, interiors, and structural elements are made of plastic. Plastic has …

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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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