Thermoplastics Market – Forecast (2021-2026) - PowerPoint PPT Presentation

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Thermoplastics Market – Forecast (2021-2026)

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Thermoplastics market size is forecast to reach US$33.8 billion by 2026, after growing at a CAGR of 6.4% during 2021-2026. Thermoplastic or thermo softening plastic, are a class of polymers that can be softened and melted by the application of heat, and can be processed either in the heat-softened state or in the liquid state by extrusion and injection molding. – PowerPoint PPT presentation

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Title: Thermoplastics Market – Forecast (2021-2026)


1
Thermoplastics MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Thermoplastics market size is forecast to reach
    US33.8 billion by 2026, after growing at a CAGR
    of 6.4 during 2021-2026. Thermoplastic or thermo
    softening plastic, are a class of polymers that
    can be softened and melted by the application of
    heat, and can be processed either in the
    heat-softened state or in the liquid state by
    extrusion and injection molding. Thermoplastics
    market is growing as Engineering Thermoplastics
    such as the polyamides, polyesters,
    polycarbonate, polyacetals and acrylonitrile-butad
    iene-styrene (ABS) are extensively used in
    automotive, electronics and other industrial
    sectors.

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3
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  • Key Takeaways
  • Asia-Pacific dominates the Thermoplastics market,
    owing to the increasing use in healthcare,
    biomedical and electrical electronics industry
    in the region.
  • In 2018, global plastics production almost
    reached 360 million tonnes. In Europe, plastics
    production almost reached 62 million tons.
  • In the United States, approximately 37 million
    tons of plastic are used every year. Of this,
    packaging and food-service plastics represent
    about 16 million tons, and these are typically
    single use".
  • Plastics have become the ubiquitous workhorse
    material of the modern economy combining
    unrivaled functional properties with low cost.

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4
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By Distribution Channel- Segment Analysis The
Polyethylene segment held the largest share of
33 in the Thermoplastics Market in 2020.
Polyethylene is a lightweight, durable
thermoplastic with a variable crystalline
structure. It is one of the most widely produced
plastics in the world with 10 million tons are
produced worldwide each year. Polyethylene is
used in applications ranging for films, tubes,
plastic parts, laminates, and in several markets
such as packaging, automotive, electrical and
others. Polyethylene comes in two types,high
density and low density. High Density
Polyethylene is used in several packaging
applications including crates, trays, bottles for
milk and fruit juices, caps for food packaging,
jerry cans, drums, industrial bulk containers.
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5
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  • Thermoplastics Industry Outlook 
  • 1. SABIC 
  • 2. Celenase Corporation 
  • 3. BASF SE 
  • 4. Lanxess AG 
  • 5. Solvay S.A. 
  • 6. Mitsubishi Chemical Advanced Materials (Japan)
  • 7. SGL Group 
  • 8. DuPont 
  • 9. Toray Industries, Inc. 
  • 10 Polyone Corporation

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6
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Thermoplastics Market Forecast (2021 - 2026)
Learn More About the Report
_at_ https//www.industryarc.com/Research/Thermoplas
tics-Market-Research-503156
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id503156

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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