Title: Thermoplastics Market Forecast 2021 - 2026
1Thermoplastics MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report (2021-2026)
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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-butadiene-styrene (ABS) are
extensively used in automotive, electronics and
other industrial sectors.
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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. The total global production of
thermoplastic polyurethane (TPU) was estimated at
nearly - 740,000 tons in 2020, with over 69 of production
taking place in Asia Pacific alone. - In 2018, global plastics production almost
reached 360 million tonnes. In Europe, plastics
production almost reached 62 million tons.
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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.
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- Thermoplastics Market Outlook
- SABIC
- Celenase Corporation
- BASF SE
- Lanxess AG
- Solvay S.A.
- Mitsubishi Chemical Advanced Materials (Japan)
- SGL Group
- DuPont
- Toray Industries, Inc.
- Polyone Corporation
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Thermoplastics Market - Industry Analysis,
Market Size, Share, Trends, Application Analysis,
Growth And Forecast 2021 - 2026 Learn More About
the Report _at_ https//www.industryarc.com/Resear
ch/Thermoplastics-Market-Research-503156
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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
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