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Asia-Pacific Plastics Market is projected to reach nearly $353.5 billion in 2027, growing at a CAGR of 7.2% during the forecast period (2021-2027). China contributed the major share in the Asia-Pacific plastics market and is estimated to retain its position during the forecast period.
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Orion Market Research Asia-Pacific Plastics Market Share 2020: Trends, Key Players, Industry Analysis and Report 2020-2026 Request a sample of our report on Asia-Pacific Plastics Market: https://www.omrglobal.com/request- sample/asia-pacific-plastics-market ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 7803040404
Asia-Pacific Plastics Marketis projected to reach nearly $353.5 billion in 2027, growing at a CAGR of 7.2% during the forecast period (2021-2027). China contributed the major share in the Asia-Pacific plastics market and is estimated to retain its position during the forecast period. The Indian retail market has attracted, and increased the presence of multinational firms and hence, encouraged the adoption of plastic packaging in the areas, including cosmetics, consumers’ products, and food & beverage. The rising disposable income and growing urbanization are also boosting the growth of organized retail which led to the demand for innovative and attractive packaging concepts. (Get 15% Discount on Buying this Report) A full report of Asia-Pacific Plastics Market is available at: https://www.omrglobal.com/industry- reports/asia-pacific-plastics-market Growing Demand for Plastics Market The plastic market in Asia-Pacific is estimated to grow significantly during the forecast period owing to the rising demand for plastics in packaging, automotive, consumer electronics, among other domains. There is an increasing application of flexible plastic packaging in pharmaceutical, food & beverage, and personal care products across the Asia-Pacific economies such as China and India. In India, the packaging industry is a combination of both organized and unorganized players. This ranges from niche players with less presence, to large players with significant market share. In addition, there is a growing trend toward innovative and cost-effective packaging materials in the country. Therefore, the industry players are moving with the changing trends in the packaging sector. To learn more about this report request a sample copy @ https://www.omrglobal.com/request- sample/asia-pacific-plastics-market Scope of the Asia-Pacific PlasticsMarket Market Coverage The market number available for 2020-2027 Base year- 2020 Forecast period- 2021-2027 Segment Covered- By Type and Application Competitive Landscape- Asahi Kasei Corp., Borouge Pte Ltd., CHIMEI Corp., Formosa Plastics Corp., Hanwha Group
Recent Strategic Initiatives in the Asia-Pacific Plastics Market In August 2020, the company launched a new range of MDI polyether prepolymers containing renewable, bio-based raw materials. Marketed under the brand name Adiprene Green, the products are suitable as a replacement for existing fossil-based polyether prepolymers to manufacture highly durable polyurethane (PU) elastomers. In June 2020, Mitsubishi Chemical and AM Polymers entered into a partnership agreement on PBT powder products for 3D printing. This partnership provides Mitsubishi Chemical and AM Polymers and opportunity to further expand their product portfolio for 3D printing. For more customized data, request for report customization @ https://www.omrglobal.com/report- customization/asia-pacific-plastics-market Asia-Pacific Plastics Market-Segmentation By Type Thermosets Thermoplastics By Application Packaging Building & Construction Automotive Electrical & Electronics Household, Leisure & Sports Agriculture Others Company Profiles Asahi Kasei Corp. Borouge PTE Ltd. CHIMEI Corp. Formosa Plastics Corp. Hanwha Group Jam Petrochemical Co.
JSR Corp. Kuraray Co., Ltd. LANXESS AG LOTTE Chemical Corp. Mitsubishi Chemical Corp. Mitsui Chemicals, Inc. Reasons to Buying From us – 1.We cover more than 15 major industries, further segmented into more than 90 sectors. 2.More than 120 countries are for analysis. 3.Over 100+ paid data sources mined for investigation. 4.Our expert research analysts answer all your questions before and after purchasing your report. About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 7803-040-404