MARKET OVERVIEW
Rigid transparent plastics, also referred to as thermoplastics, are a type of plastic that is both hard and transparent. These plastics are widely utilized across various industries, such as packaging, construction, automotive, electronics, and medical devices. Some commonly used types of rigid transparent plastics include polycarbonate, acrylic, and polystyrene. These materials provide a perfect blend of strength, longevity, and transparency, making them suitable for various applications. The market for rigid transparent plastics is projected to experience growth shortly due to rising demand from different industries.
MARKET DYNAMICS
The rigid transparent plastics market is anticipated to witness high growth in the forecast period owing to demands from the thriving packaging industry with the growing popularity of online shopping and packaging covers for the food and beverage industry. Moreover, demands from major end-use sectors including aviation and automotive propel the rigid transparent plastics market due to optical clarity, durability and insulation properties of the product. However, shifting focus towards flexible packaging is a major restraint for the rigid transparent plastics market. On the other hand, growing usage of recycled PVC and demands for polycarbonate in 3D printing represent significant growth opportunities for the rigid transparent plastics market during the forecast period.
MARKET SCOPE
The "Global Rigid Transparent Plastics Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of rigid transparent plastics market with detailed market segmentation by polymer type, end-use industry and geography. The global rigid transparent plastics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rigid transparent plastics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global rigid transparent plastics market is segmented on the basis of polymer type and end-use industry. Based on polymer type, the market is segmented as polypropylene (PP), polycarbonate (PC), polystyrene (PS), polyvinyl chloride (PVC), acrylonitrile butadiene styrene (ABS), styrene block copolymers (SBC) and others. The market on the basis of the end-use industry is classified as packaging, medical, electrical & electronics, automotive & transportation, buildings & construction and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global rigid transparent plastics market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The rigid transparent plastics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting rigid transparent plastics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the rigid transparent plastics market in these regions.
MARKET PLAYERS
The reports cover key developments in the rigid transparent plastics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from rigid transparent plastics market are anticipated to lucrative growth opportunities in the future with the rising demand for rigid transparent plastics in the global market. Below mentioned is the list of few companies engaged in the rigid transparent plastics market.
The report also includes the profiles of key rigid transparent plastics companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Arkema Group
- BASF SE
- Chevron Phillips Chemical Company
- Covestro AG
- Eastman Chemical Company
- EMS-CHEMIE AG
- Evonik Industries AG
- Exxon Mobil Corporation
- INEOS
- SABIC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.