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Microcellular Plastics Market Analysis by Growth Rate and Driving Key Companies : Horizon Plastics International Inc., Sealed Air Corporation, Lavergne Group Inc., Ingenia Polymers, ABC Group, Gracious Living Innovations, Armacell & Canadian General Tower
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Scaffolding is the temporary structure created during construction to support the work crew. Hence, the rapidly growing construction market is anticipated to fuel the demand for microcellular plastics during the forecast period.The growing construction of residential and non-residential buildings is driving the demand for microcellular plastics.
Based on application, the global microcellular plastic market has been segmented into construction, food packaging, healthcare, electronics, transportation and toys.
Geographically, North America was the largest market for microcellular plastics in 2015 and held significant share in the global market. The factors driving the growth of the microcellular plastic market in North America are the developing research and activities linked to the microcellular plastic production by key market players and increasing demand of high-performance plastics in industries, such as food packaging, healthcare and transportation.
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Some of the major competitors in the global microcellular plastics market include Horizon Plastics International Inc., Sealed Air, Lavergne Performance Compounds, Ingenia Polymers Corp., ABC Group, Gracious Living Innovations, Armacell Canada Inc., Canadian General Towers and Total Plastics Solutions.
Global Microcellular Plastic Market Segmentation
By Application
• Construction
• Food Packaging
• Healthcare
• Electronics
• Transportation
• Toys
GEOGRAPHICAL SEGMENTATION
• North America
• Europe
• Asia-Pacific
• Rest of the World
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Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
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