Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 17.89 Billion | USD 30.74 Billion | 6.20% | 2023 |
The global rigid transparent plastics market size was worth around USD 17.89 Billion in 2023 and is predicted to grow to around USD 30.74 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.90% between 2024 and 2032.
The report analyzes the global rigid transparent plastics market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the rigid transparent plastics industry.
The report covers forecast and analysis for the rigid transparent plastics market on a global, and regional level. The study provides historical information for 2018-2022 with a forecast from 2024 to 2032 based on both volume (Kilo Tons) and revenue (USD billion). The complete study covers the key drivers and restraints of the rigid transparent plastics market. It also provides the impact of the market within the forecast period. Furthermore, the study also includes the opportunities accessible within the rigid transparent plastics market on a global level.
To offer the users of this report, a comprehensive read on the rigid transparent plastics market, we have enclosed the detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the rigid transparent plastics market has additionally been enclosed within the study. The study includes a market attractiveness analysis, where all segments are benchmarked to support their market size, rate, and general attractiveness.
The study also includes the market share of the key participants operating in the rigid transparent plastics market across the globe. Besides, the report covered strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.
The study provides a crucial view of the rigid transparent plastics market by segmenting the market based on its segmentation. The segmentation included type, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Based on the types, the global rigid transparent plastics included in this study are plastics polycarbonate, acrylonitrile butadiene styrene (ABS), polypropylene, polysulfones & polyvinyl chloride (PVC), styrene acrylonitrile (SAN), nylon acrylic-styrene copolymers (SMMA).
Based on the application, global rigid transparent plastics included in this study are Building & construction, electrical & electronics, automotive, packaging, medical and other applications. Additionally, the regional classification includes the key countries and regions such as Europe, North America, Latin America, Asia Pacific, and Middle East & Africa.
Report Attributes | Report Details |
---|---|
Report Name | Rigid Transparent Plastics Market Research Report |
Market Size in 2023 | USD 17.89 Billion |
Market Forecast in 2032 | USD 30.74 Billion |
Growth Rate | CAGR of 6.20% |
Number of Pages | 255 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Braskem, Chevron Phillips Chemical Co., Chi Mei Corporation, China National Petroleum Corporation (Cnpc), DOW Chemical Co., Eastman Chemica, Exxonmobil Chemical Co., Formosa Plastics Group, Hanwha Chemical Corporation, Ineos Chlorvinyls Ltd., LG Chem Ltd., Lyondellbasell Industries, Reliance Industries Ltd. (Ril), Shin-Etsu Chemical Co., Ltd. and Sinopec Group among others. |
Segments Covered | By Type, By Application, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The study provides exhaustive company profiles of the worldwide market along with an in-depth description of players. Some of the key manufacturers included in the study are
FrequentlyAsked Questions
Solid, inflexible rigid transparent polymers retain their shape without deformation. These plastics are transparent, allowing light to pass through without distortion. Polymethyl methacrylate (PMMA), sometimes known as Plexiglas or acrylic glass, and polycarbonate are examples. Automotive, electronics, and packaging industries employ these materials for structural integrity and optical clarity. Rigid transparent plastics are ideal for applications that require strength and visibility.
The need for lightweight, durable, and transparent materials in packaging, electronics, and healthcare is driving demand.
According to a study, the global rigid transparent plastics industry size was $17.89 Billion in 2023 and is projected to reach $30.74 Billion by the end of 2032.
The global rigid transparent plastics market is anticipated to record a CAGR of nearly 6.20% from 2024 to 2032.
Asia-Pacific is likely to boost rigid transparent plastics sales. The region's strong industrialization, growing population, and urbanization drive demand in packaging, automotive, and electronics.
Some of the key manufacturers included in the study are Braskem, Chevron Phillips Chemical Co., Chi Mei Corporation, China National Petroleum Corporation (Cnpc), DOW Chemical Co., Eastman Chemica, Exxonmobil Chemical Co., Formosa Plastics Group, Hanwha Chemical Corporation, Ineos Chlorvinyls Ltd., LG Chem Ltd., Lyondellbasell Industries, Reliance Industries Ltd. (Ril), Shin-Etsu Chemical Co., Ltd. and Sinopec Group among others.
The global rigid transparent plastics market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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