Market Research

Transparent Plastics Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The Transparent Plastics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Transparent Plastics Market:

https://www.thebusinessresearchcompany.com/report/transparent-plastics-global-market-report

According to The Business Research Company’s Transparent Plastics Global Market Report 2024, The transparent plastics market size has grown strongly in recent years. It will grow from $133.79  billion in 2023 to $143.24  billion in 2024 at a compound annual growth rate (CAGR) of 7.1%.  The  growth in the historic period can be attributed to advancements in transparency, resilience to corrosion and chemicals, recycling and sustainability, globalization and market expansion, environmental impact..

The transparent plastics market size is expected to see strong growth in the next few years. It will grow to $189.24  billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.  The growth in the forecast period can be attributed to increasing demand for packaging, cost-efficiency and performance, versatility and customizability, healthcare industry demand, consumer preferences and aesthetic appeal.. Major trends in the forecast period include supply chain sustainability, r&d in biopolymers, shift in material substitution, customization and design flexibility..

An increase in demand for electric vehicles is expected to propel the transparent plastics market. Electric vehicles (EVs) are either entirely or partially powered by electricity. Transparent plastics are used in electric vehicles for packaging and vehicle parts such as interior and exterior panels, windshields, car indicator covers, windows, and other parts as they are lightweight, less fuel-hungry, and affordable. For instance, in April 2023, according to the International Energy Agency (IEA), a France-based intergovernmental organization, electric car sales accounted for 14% of all new cars sold globally in 2022, a considerable rise from 9% in 2021. This trend is expected to continue in 2023, with over 2.3 million electric cars sold in the first quarter alone, representing a 25% increase from the same period last year. Furthermore, it is projected that 14 million electric cars will be sold by the end of 2023, marking a 35% year-on-year increase, with new purchases accelerating in the second half of the year . As a result, the increase in demand for electric vehicles is driving the transparent plastics market.

Get A Free Sample Of The Report (Includes Graphs And Tables):

https://www.thebusinessresearchcompany.com/sample.aspx?id=8251&type=smp

The transparent plastics market covered in this report is segmented –

1) By Type: Rigid Transparent Plastics, Flexible Transparent Plastics

2) By Polymer Type: Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polypropylene (PP), Polystyrene (PS), Polycarbonate (PC), Polymethyl Methacrylate (PMMA), Other Polymers

3) By Application: Packaging, Building And Construction, Electrical And Electronics, Automotive, Consumer Goods, Healthcare, Other Applications

Bio-based transparent plastics are a key trend gaining popularity in the transparent plastics market. Bio-based plastics, as opposed to conventional plastics, are manufactured entirely or partly from biological sources. Bio-based transparent plastics are made from renewable biomass sources, such as plant fats and oils, woodchips, sawdust, and recovered food waste. They are not always biodegradable or compostable. Major players in the market are focusing on launching bio-based polymers and plastics for market growth. For instance, in October 2021, Lanxess, a Germany-based chemical company, launched Durethan BLUEBKV60H2.0EF. It is a sustainable high-performance plastic which either have a carbon footprint that is at least 50% lower than that of conventional products, or at least 50% made from circular (recycled or biobased) raw materials.

The transparent plastics market report table of contents includes:

 

  1. Executive Summary
  2. Transparent Plastics Market Characteristics
  3. Transparent Plastics Market Trends And Strategies
  4. Transparent Plastics Market – Macro Economic Scenario
  5. Global Transparent Plastics Market Size and Growth

.

.

.

  1. Global Transparent Plastics Market Competitive Benchmarking
  2. Global Transparent Plastics Market Competitive Dashboard
  3. Key Mergers And Acquisitions In The Transparent Plastics Market
  4. Transparent Plastics Market Future Outlook and Potential Analysis
  5. Appendix

Top Major Player:

 

  • DuPont de Nemours Inc
  • Dow Chemical Company
  • LyondellBasell Industries NV
  • Saudi Basic Industries Corporation
  • Covestro AG

Contact Us:

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 88972 63534

Americas: +1 315 623 0293

Email: info@tbrc.info

 

Follow Us On:

LinkedIn: https://in.linkedin.com/company/the-business-research-company  

Twitter: https://twitter.com/tbrc_info

Facebook: https://www.facebook.com/TheBusinessResearchCompany

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ  

Blog: https://blog.tbrc.info/  

Healthcare Blog: https://healthcareresearchreports.com/  

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Good PR News

Recent Posts

Starter Credit Cards Market Demand, Size, Share, Trends And Forecast 2024-2033

The starter credit cards global market report 2024 from The Business Research Company provides comprehensive…

1 day ago

School Bus Market Key Major Players, Growth, Overview 2033

The school bus global market report 2024 from The Business Research Company provides comprehensive market…

1 day ago

Polyethylene Terephthalate (PET) Cups Market Size, Industry Share, Analysis And Forecast 2024-2033

The polyethylene terephthalate (pet) cups global market report 2024 from The Business Research Company provides…

1 day ago

Organic Pet Food Market Size, In-Depth Analysis And Demand Factors 2033

The organic pet food global market report 2024 from The Business Research Company provides comprehensive…

1 day ago

Octadecanedioic Acid Market Forecast, Share, Size Overview By 2033

The octadecanedioic acid global market report 2024 from The Business Research Company provides comprehensive market…

1 day ago

Mobile Enterprise Application Market Share, Demand, Industry Report To 2033

The mobile enterprise application global market report 2024 from The Business Research Company provides comprehensive…

1 day ago