Title: Thermoformed Plastics Market – Forecast (2022-2027)
1Thermoformed Plastics MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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- Thermoformed Plastics Market is forecast to reach
US 36 Billion by 2027, after growing at a CAGR
of 5.5 during the forecast period 2022-2027.
Thermoformed Plastics are primarily categorized
into polyvinyl chloride, acrylonitrile butadiene
styrene, bio-degradable polymers, polymethyl
methacrylate, polyethylene, polypropylene,
polyacetal, and others. The thermoforming process
includes the fabrication of plastic sheets so
that they can be heated and converted into a
flexible form that can be molded into the desired
shape depending on the end-use application. They
are used in a wide range of applications such as
packaging, building construction, automotive,
medical, aerospace aviation, electricals
electronics, consumer goods appliances.
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- Key Takeaways
- Packaging Application in Thermoformed Plastics
Market is expected to see the fastest growth,
owing to its increasing demand from the food
packaging, and automotive industries. - Thermoformed Plastics provide properties with a
number of benefits such as protection against
moisture, bacteria, and odor. They are
cost-effective and play a major role in
increasing the overall shelf-life of packaged
products. - North America dominated the Thermoformed Plastics
Market in 2020, owing to the increasing demand
for thermoformed plastics from the automotive
industry.
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By Distribution Channel- Segment
Analysis Polypropylene held a significant share
in the Thermoformed Plastics Market in 2021 and
is expected to grow at a CAGR of 5.6 between
2022 and 2027, owing to its increasing demand due
to the characteristics and benefits it offers
over other types. For instance, it offers a wide
range of characteristics such as high impact
strength, lighter weight, effective sealing,
higher sustainability along with higher
resistance to temperature, chemical, and
electricity in comparison to Polyvinyl Chloride,
Polystyrene, Acrylonitrile Butadiene Styrene,
Bio-degradable Polymers, Polymethyl Methacrylate,
Polyactetal, and other types of thermoformed
plastics.
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- Thermoformed Plastics Industry Outlook
- Fabri-Kal Corp.
- Berry Global Inc.
- Genpak LLC
- Pactiv LLC
- DW Fine Pack LLC
- Amcor Ltd.
- Dart Container Corp.
- Anchor Packaging
- Sabert Corporation
- Sonoco Products Company
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Thermoformed Plastics Market Forecast (2022 -
2027) Learn More About the
Report _at_ https//www.industryarc.com/Research/Th
ermoformed-Plastics-Market-Research-503563
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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