NEW YORK, March 9, 2015 /PRNewswire/ -- REPORT HIGHLIGHTS
The global plastic thermoformed product market is significant, with an estimated consumption of 7.3 billion pounds in 2013 and 7.6 billion pounds in 2014 and an expected increase to 9.4 billion pounds by 2019, a compound annual growth rate (CAGR) of 4.3%.
This report provides:
An overview of the global market for thermoformed plastics
Analyses of global market trends with data from 2013, estimates for 2014 and projections of compound annual growth rates (CAGRs) through 2019.
Information on several important thermoformed plastics applications, such as rigid food and healthcare packaging, automobiles, building products, appliances, and an array of consumer and industrial/commercial products
Profiles of top companies that produce the key plastic materials that are converted into thermoformed products
REASONS FOR DOING THE STUDY
The objective of this study is to provide a comprehensive analysis of the thermoformed plastics businesses, which includes resin producers, plastic sheet producers, thermoformers and those in the major industries using these products. In recent years, there has been an increase in the use of thermoformed plastic products due to improved technologies, and thus thermoformed plastics are competing more favorably with injection molding and other plastic processes in several key applications.
In addition, there have been very few previous studies that have quantitatively segmented the thermoformed portion of the plastic sheet business, as plastic sheet is the precursor to plastic thermoformed products. Plastic sheet is also used extensively without being heated and stretched to plastic thermoformed products. Thermoformed products are also been made from films.
SCOPE OF THE STUDY
The focus of the study is to quantify consumption of the major types of plastics used as thermoformed materials into each of its major applications. Thermoformed plastics are involved in several important applications, including rigid food and healthcare packaging, automotive, building products, appliances, and a wide array of consumer and industrial/commercial products. The overall quantitative coverage is global.
METHODOLOGY AND INFORMATION SOURCES
Extensive searches were made of the literature regarding thermoformed plastics, including most of the leading trade journals, technical papers, company literature, related government publications and pertinent trade associations.
In addition, key thermoformers and trade publication personnel were contacted to verify consumption, company products, key applications and market trends.
STUDY GOALS
The objective of updating a study on thermoformed plastics is to provide readers with a current view of this market regarding resin usage and specific applications for the most important resins in a quantitative manner.
Other goals are to provide reasons why important resins are being used for specific thermoforming applications, along with an outlook of this scenario in five years. This report will also reassess the importance of other markets for thermoformed plastics outside of its major one of food packaging.
INTENDED AUDIENCE
It seems clear that those companies in the thermoformed plastics business will be interested in new technical and market developments in this growing market. End users, producers and marketers must receive updated information, especially those in the packaging market, which is led by those in packaged foods.
Others who might show interest are resin producers, who would be granted assess to advantages and disadvantages of specific plastics in each of the key end-use markets.
Read the full report: http://www.reportlinker.com/p0870821-summary/view-report.html
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