The Business Research Company Global Plastics and Rubber Products Market Report 2022: Market Size, Trends and Forecasts to 2026
LONDON, GREATER LONDON, United Kingdom, Sept. 23, 2022 /EINPresswire.com/ — According to The Business Research Company’s “Global Plastics and Rubber Products Market Report 2022”, the plastic products market size Plastic and Rubber Products Market is expected to grow to USD 1,229.98 Billion in 2026 with a CAGR of 9.1%. by the growth of the packaging industry.
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Major trends in the plastics and rubber products market
Manufacturers in the plastics and rubber products industry are investing in automation technologies to reduce production costs, improve productivity and improve product quality. The use of sensors and wireless technologies helps collect valuable data which is used to improve efficiency and reduce errors. This results in streamlined manufacturing processes, higher product quality at lower cost.
Plastics and rubber products market overview
The plastics and rubber products market includes the sales of plastics and rubber products by entities (organizations, sole proprietorships, and partnerships) that produce goods by processing plastic and rubber raw materials. Plastics and rubber products are included in the same market because they have similar technical properties, although they are classified based on the sole use of rubber or plastic as a raw material in the production of the product. Companies in the industry produce plastic bags and bottles, plastic films and sheets, plastic and rubber pipes, plastic foams, rubber pipes and tires.
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TBRC Global Plastics and Rubber Products Market Report 2022 covers the following insights:
Market Size Data
• Forecast period: historical and future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
• By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, USA.
• By type: rubber products, plastic products
• By end-user industry: automotive and transportation, electrical and electronics, medical, construction, other
• Sub-segments Covered: Tires, Hoses & Belts, Other Rubber Products, Plastic Packaging Materials & Unlaminated Films & Sheets, Plastic Pipes & Shapes, Laminated Plastic Plates, Sheets & Shapes, Plastic Bottles, Urethane and other foam products, polystyrene foam products, Other plastic products
• By Geography: The global plastics and rubber products market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific holds the largest market share.
Major market players such as Michelin Group, Bridgestone Corporation, Continental AG, Amcor Limited, Good Year Tire & Rubber Company, Sumitomo Rubber Group, Berry Global Group Inc., Hankook Tire Group, Pirelli & C SpA and Avery Dennison.
Trends, opportunities, strategies and much more.
The Global Plastics and Rubber Products Market Report 2022 is one of the comprehensive reports by The Business Research Company that provides an overview of the Plastics and Rubber Products market. The market report gives an analysis of the global plastics and rubber products market, the global plastics and rubber products market size, the global plastics and rubber products market share, the growth drivers of the plastics and rubber products industry, the global plastics and rubber products market segmentation, the global plastics and rubber products market major players, the plastics and rubber products market growth in all geographies, and revenue and market positioning of Plastics and Rubber Products market competitors. The Plastics and Rubber Products market report enables you to better understand the opportunities and strategies, as well as identify the countries and segments with the highest growth potential.
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