The
global plastomers market is subject to witness a substantial growth due to the rise in
demand for plastomers products from developing economies across the globe.
Increasing adoption of plastomers by food & beverages manufactures is
expected to drive the growth of the market over the upcoming years. Globally,
the market is predicted to generate massive revenue over next seven years,
providing numerous opportunities for market players to invest for research and
development in the plastomers market.
Rising
popularity of plastomers in comparison with traditional polymers in numerous
industrial application is expected to plays a significant role in driving the
market growth over the forecast period. Packaging, automotive and polymer
modification are some of the typical application of plastomers. Other
application of plastomers include food & beverages pacing solutions,
non-food and stretch & shrink film.
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Increasing
demand for high quality packaging solutions enhance the shelf life of food and
beverages is anticipated to drive market progress in the near future. Use of
plastomers helps to maintain freshness of food product thus driving industry
growth at steady rate globally.
A
plastomer is commonly referred as a polymer material that merges properties of
elastomers and plastics thus offering rubber-like properties alongside the
processing ability of plastic. In addition, increasing awareness among manufactures
in regards to advantages of plastomers is expected to fuel the market growth in
the following years. Plastomers offer advantages such as higher scalability,
flexibility, sturdiness and electrical resistance. Some of the typical use of
plastomers include roof linings.
Packaging
is considered as one of the faster growing segment in the plastomers market
with substantial revenue generation in the last few years. Growing popularity
of plastomers in the packaging segment is attributed to the higher market penetration
and easy availability.
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Market Segment:
This report focuses on the top
manufacturers' Plastomer capacity, production, value, price and market share of
Plastomer in global market. The following manufacturers are covered in this
report:
•
Mitsui Chemicals
•
Dow
•
SK
•
LG Chem
•
ExxonMobil
•
Sumitomo
Plastomer Production Breakdown Data by
Region
•
United States
•
Europe
•
China
•
Japan
•
Other Regions
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