Transparent Plastics Market – Global Forecast to 2022: Market is Expected to Surpass $100 Billion – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Transparent
Plastics Market by Type (Rigid, Flexible), Polymer Type (PET, PVC, PP,
PS, PC, PMMA), Application (Packaging, Building & Construction,
Electrical & Electronics, Automotive, Consumer Goods), and Region –
Global Forecast to 2022" report has been added to ResearchAndMarkets.com's
offering.

The transparent plastics market is projected to grow from USD 101.97
billion in 2017 to USD 137.75 billion by 2022, at a CAGR of 6.2% from
2017 to 2022.

Increasing adoption of transparent plastics by end-use industries,
improved shelf-life of packaged food products, high demand in emerging
regions, and ease of customization are the key factors driving the
growth of the transparent plastics market across the globe. However,
environmental pollution due to low degradability of plastics and
increasing demand for eco-friendly packaging materials in developed
countries acts as a restraint to the growth of the transparent plastics
market.

The flexible transparent plastics type segment of the transparent
plastics market is projected to grow at a higher CAGR during the
forecast period. Polytetrafluoroethylene (PTFE) is the most preferred
material in the flexible transparent plastics segment. Flexible
packaging is preferred for its low cost, sustainability, attractiveness,
and convenience. Another advantage of this kind of packaging is that it
allows written information such as product instructions to be placed on
the label.

The PET polymer type segment of the transparent plastics market is
projected to grow at the highest CAGR during the forecast period. Due to
PET's unique properties such as good barrier properties, light weight,
recyclability, safety, and ease of handling, it is rapidly becoming the
preferred packaging material for foods and beverages globally.

The packaging application segment of the transparent plastics market is
projected to grow at the highest CAGR from 2017 to 2022. The demand for
transparent plastics in the packaging application is driven by their use
in PET bottles, shrink wraps, food wrappings, and others. The
application of transparent plastics in the packed water sector is
growing globally. This is mainly due to the increasing living standards
and disposable income levels of customers across the globe.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Transparent Plastics Market, By Type

7 Transparent Plastics Market, By Polymer Type

8 Transparent Plastics Market, By Application

9 Transparent Plastics Market, By Region

10 Competitive Landscape

11 Company Profiles

• Arkema S.A.
• Asahi Kasei Corporation
• BASF SE
• Chi Mei Corporation
• Covestro
• Denka Company Limited
• E. I. Du Pont De Nemours and Company
• Eastman Chemical Company
• Evonik Industries AG
• INEOS
• LANXESS AG
• LG Chem
• Lyondellbasell Industries Holdings B.V.
• PPG Industries
• SABIC
• Teijin Limited
• The Dow Chemical Company
• Trinseo S.A.

For more information about this report visit https://www.researchandmarkets.com/research/rr9nf7/transparent?w=4

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Related
Topics: Plastics