Global Plastic Caps and Closures Market 2015-2019 - Incompatibility with Substrates a Market challenge

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Jan 04, 2016, 12:10 ET

DUBLIN, Jan. 4, 2015 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/lwbnd3/global_plastic) has announced the addition of the "Global Plastic Caps and Closures Market 2015-2019" report to their offering.

The global plastic caps and closures market to grow at a CAGR of 5.92% by revenue during 2014-2019.

The global plastic caps and closures market 2015-2019, has been prepared based on an in-depth market analysis with inputs from various industry experts. The report includes a comprehensive discussion on the market, an extensive coverage on various types, end-user industries, and dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. The report further includes a discussion of the key vendors operating in this market.

Water packaging is the fastest-growing segment of the beverage market, and PET is widely used for it. Most packaged products are designed for single use, so plastic is the preferred material on account of its low cost. Diminished water sources, a rising urban population, and increased demand for potable water are resulting in increased water trade. This is boosting the demand for packaging material, including caps and closures.

According to the report, PE, PP, PVC, and polystyrene (PS) are the mostly commonly used plastic resins. Crude oil refiners worldwide are increasingly resorting to downstream integration to improve profit margins. This has resulted in easier availability of polymer resins and a reduction in polymer prices. Also, technological innovations such as the development of cost-efficient and energy-efficient machineries have lowered the fixed capital requirement and reduced production and operating expenses, thereby encouraging the adoption of plastic in packaging applications.

Further, the report states that incompatibility of the substrates such as PP and PE with certain organic liquids and mineral acids is hindering the growth of the market.

The report further provides data on the following segments of the market:

Type: PE, PP, and others
End-user industries: beverage, industrial chemicals, food, cosmetics, household chemicals, pharmaceuticals, and others
Crop type: oilseeds and pulses, cereals and grains, fruits and vegetables, and other crops

Key vendors

Amcor
BERICAP
Closure Systems International
Guala Closures Group
Oriental Containers

Other prominent vendors

Berry Plastics
Blackhawk
Crown Holdings
Pelliconi
Premier Vinyl Solutions
Silgan

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by type

Part 07: Market segmentation by end-users

Part 08: Geographical segmentation

Part 09: Market drivers

Part 10: Impact of drivers

Part 11: Market challenges

Part 12: Impact of drivers and challenges

Part 13: Market trends

Part 14: Vendor landscape

Part 15: Key vendor analysis

Part 16: Appendix

For more information visit http://www.researchandmarkets.com/research/lwbnd3/global_plastic