Latest Posts Under: News

Global Construction Plastics Market Predictions

Plastics Market Predictions

Plastics exhibit incredible properties such as being lightweight, cost-effective, chemical resistance, weather resistance, and durability, They are widely used in residential and non-residential constructions applications. The market is projected to grow at an exponential rate in the coming years. Reason being, the massive growth of commercial and residential construction globally. In addition, the rising demand …

Global Plastic Straps Market to Reach $4.41 Billion by 2024!

Plastic Straps

According to Zion Market Research, the global plastic straps market which was worth USD 1.32 billion in 2017 is anticipated to reach a whopping USD 4.41 billion by 2024. It is expected to grow at a CAGR of 18.8% through 2024. Before we dive into the global market prediction let us understand what strapping means. …

Global Plastics Market to be Worth a Whopping $654.38 Billion By 2020!

Global Plastics Market

Plastic industry, one of the quickest rising industries of our times, is witnessing a boom and there is no stopping the rapid growth of the market! The use of plastic can be found in almost every sector such as construction, household, medical, military, piping, packaging, and much more. To say that the future of the …

Latest in Indian Plastic Exports Industry: 31.6% Growth in FY19

Plastic Exports Industry

Plastics are among the fastest-growing industries in India, experiencing a double-digit growth rate on an average. The industry spans the country and hosts more than 2,000 exporters. It employs about 4 million people and comprises more than 30,000 processing units, 85-90 percent of which are small and medium-sized enterprises. Some of the common plastic merchandise …

Global Biodegradable Plastics Market Worth $6.12 Billion by 2023

Biodegradable plastics are used for manufacturing bottles, loose-fill, cups, pots, bowls, flexible films, and other products. According to Grand View Research, the global biodegradable plastics market is segmented by: Starch-Based PLA PBS PBAT PHA The global biodegradable plastics is anticipated to reach USD 6.12 billion by 2023 at a CAGR of 15.1%, from USD 3.02 …

Global Plastic Pigments Market to Reach $16.32 Billion By 2025

Global Plastic Pigments Market

Pigments are a cluster of colored chemical compounds that are added to the polymer base to provide a specific type of color to the plastic. They are used to enhance the overall appearance of plastic products. There are two types of pigments namely organic and inorganic. The ones that are organic are hard to dispense …

CAGR of 11% Forecasted for Indian Polypropylene Market by 2030

Polypropylene

One of the most widely used plastics, polypropylene is known for its strength and flexibility. It offers high-resistance to temperature and provides higher tensile strength due to which it is preferred in various applications such as caps, batteries, packaging and automotive components. These are just some of the few factors out of many that make …

India Expected to Witness Polyethylene Demand Growth by 2023

Polyethylene

The application of polyethylene (PE) can be found in various sectors such as automotive, household, packaging, electronic and construction. It is one of the major plastics used in India. Some incredible advantages that polyethylene offer are: Extremely impact resistant Fully Recyclable Weather-resistant Lightweight Corrosion-resistant Let’s look at some of the different types of polyethylene: High-density …

Global Rigid Plastic Packaging Market Predictions for 2021

Global Rigid Plastic Packaging

Rigid plastics are materials that have no elastic deformation but possess perfect plastic deformation. They are self-supporting in nature and cannot be easily squeezed. They are an apt choice for packaging as they are durable, lightweight and cost-effective. Rigid plastics include caps, cups, closures, cosmetic products, trays, and bottles used for various packaging-related applications. The …

Global Molded Plastics Market To Reach $505.30 Billion By 2024!

Molded Plastics

Plastic products are used extensively all around the world. They are cost-effective, lightweight and easy to work with. In molding, the plastic liquid is shaped using a rigid frame called as a mold. A powder or liquid polymer such as polyethylene or polypropylene is then placed into the hollow mold so the polymer can take …