Plastic products companies manufacture packaging materials, film and sheet, foam products, plastic bottles and all other plastic products which have domestic and industrial applications. These companies use polymers and resins as raw materials which are primarily sourced from polymer suppliers and processes used in plastic products manufacturing include compression molding, extrusion molding, injection molding, blow molding and casting.
Plastic Products Manufacturing Global Market Size
The global plastic products manufacturing market was valued around $998 billion in 2017. Asia Pacific was the largest region in the plastic products manufacturing market in 2017, accounting for around 45% of the total market. China was the largest country in the market accounting for around 22% of the total market.
Plastic Products Manufacturing Global Market Trend
The practice of using 3D printing in plastics manufacturing is becoming more common. This technology produces solid objects from digital designs by building up multiple layers of plastic, resin, or other materials in a precisely determined shape.
The major players in the global plastic products manufacturing market are Newell Brands Inc., Compagnie de Saint-Gobain S.A., Sonoco Products Co, Sealed Air Corporation, and Berry Plastics Corporation. Newell Brands Inc. was the largest company in the plastic products manufacturing market.
The countries covered in the global plastic products manufacturing market are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Plastic Products Manufacturing Global Market Segmentation
The plastic products manufacturing market is segmented into Plastic Packaging Materials and Unlaminated Film and Sheet, Plastic Pipe, Pipe Fitting, and Unlaminated Profile Shape, Laminated Plastic Plate, Sheet and Shape Polystyrene Foam Product, Urethane
Plastic Packaging Materials and Unlaminated Film and Sheet Establishments produce plastics packaging materials, unlaminated film and sheet from polythene, polypropylene and other polymers.
Plastic Pipe, Pipe Fitting, and Unlaminated Profile Shape Establishments primarily engage in manufacturing of unsupported plastic profile shapes or plastic pipes and pipe fittings from PVC and PVDCs.
Laminated Plastic Plate, Sheet and Shape produce laminating plastic profile shapes, such as sheets, plates and rods from PE, PP and other polymers.
Polystyrene Foam Product include companies engaged in converting polystyrene resins into foam products which are used in the packaging and the construction industry.
Urethane and Other Foam are involved in producing urethane and other foams from polyurethane and polymers.
Plastic Bottle Companies produce plastic bottles from polyethylene terephthalate (PET), Bisphenol-A (BPAs) and other polymeric resins.
Other Plastic Products comprises plastic plumbing fixture, motor vehicle plastic part, etc.,.