Growing demand for the product from emerging countries, and increasing adoption of transparent plastics in various end use industries are key factors driving market revenue growth.
Market Size - USD 113.10 Billion in 2020, Market Growth - CAGR of 5.8%, Market Trends - Rising focus and investments in manufacturing bio-based transparent plastics with non-biodegradable characteristics.
The global transparent plastics market size is expected to reach USD 176.29 Billion in 2028, and register a CAGR of 5.8% during the forecast period. Increasing demand for transparent plastics from various end-use industries as these are flexible or moldable above a particular temperature and can revert to a solid-state upon cooling is a major factor expected to drive growth of the global transparent plastics market. These plastics offer features such as resistance to corrosion and chemicals, recyclability, lightweight, moderate electrical and thermal conductivity, durability, shock resistance, water resistance, and others.
Some Key Findings From the Report:
For the purpose of this report, the global transparent plastics market is segmented on the basis of form, type, end use, and region:
Form Outlook
Type Outlook
End Use Outlook
Region Outlook
Reasons to Buy the Report
Market Size - USD 113.10 Billion in 2020, Market Growth - CAGR of 5.8%, Market Trends - Rising focus and investments in manufacturing bio-based transparent plastics with non-biodegradable characteristics.
The global transparent plastics market size is expected to reach USD 176.29 Billion in 2028, and register a CAGR of 5.8% during the forecast period. Increasing demand for transparent plastics from various end-use industries as these are flexible or moldable above a particular temperature and can revert to a solid-state upon cooling is a major factor expected to drive growth of the global transparent plastics market. These plastics offer features such as resistance to corrosion and chemicals, recyclability, lightweight, moderate electrical and thermal conductivity, durability, shock resistance, water resistance, and others.
Some Key Findings From the Report:
- Among the product type segments, the rigid segment accounted for the largest revenue share of 62.0% in 2020.
- The Asia pacific market was valued at USD 36.24 Billion in 2020, and is expected to dominate in the global transparent plastics market over the forecast period, owing to presence of large number of major players in the region, and increasing demand for transparent plastics for various end uses.
- Key players profiled in the report include Dow Chemical Company, LyondellBasell, SABIC, Covestro, Chi Mei Corporation, INEOS, BASF, PPG Industries, LANXESS, Evonik Industries, Teijin Limited, Denka, LG Chem, Trinseo, Asahi Kasei, Eastman Chemical Company, and Arkema. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
- In March 2019, C-P Flexible Packaging, a manufacturer of the flexible packaging products announced its acquisition of Flexo Transparent, a premier custom plastic manufacturing and printing solutions provider. C-P is a long-standing portfolio brand of First Atlantic Capital which is a New York-based private investment company.
- In October 2018, Rohrer Corporation revealed its plan of extensively expanding its own plastics thermoformed packaging operations portfolio through acquisition of Transparent Container Co. Inc.
For the purpose of this report, the global transparent plastics market is segmented on the basis of form, type, end use, and region:
Form Outlook
- Rigid
- Flexible
Type Outlook
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polystyrene (PS)
- Polycarbonate (PC)
- Polymethyl Methacrylate (PMMA)
- Others
End Use Outlook
- Packaging
- Building & Construction
- Electrical & Electronics
- Automotive
- Others
Region Outlook
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Transparent Plastics Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major Transparent Plastics Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Transparent Plastics Market Segmentation & Impact Analysis
Chapter 5. Transparent Plastics Market By Type Insights & Trends
Chapter 6. Transparent Plastics Market By Form Insights & Trends
Chapter 7. Transparent Plastics Market By End User Insights & Trends
Chapter 8. Transparent Plastics Market By Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Dow Chemical Company
- LyondellBasell
- SABIC
- Covestro
- Chi Mei Corporation
- INEOS
- BASF
- PPG Industries
- LANXESS
- Evonik Industries
- Teijin Limited
- Denka
- LG Chem
- Trinseo
- Asahi Kasei
- Eastman Chemical Company
- Arkema
