Corrugated Plastic Board Market Growth 2019-2024 with Key Players Coroplast (Inteplast Group), Primex Plastics, Karton, SIMONA, DS Smith, Distriplast, Sangeeta Group, Northern Ireland Plastics, Zibo Kelida Plastic, Tah Hsin Industrial, Twinplast, Plastflu

According to this study, over the next five years the Corrugated Plastic Board market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 3040 million by 2024, from US$ 2010 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Corrugated Plastic Board business, shared in Chapter 3.

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The market for Corrugated Plastic Board is highly fragmented with major players such as Coroplast (Inteplast Group), Primex Plastics, Karton, SIMONA, DS Smith, Distriplast, Sangeeta Group, Northern Ireland Plastics, Zibo Kelida Plastic, Tah Hsin Industrial, Twinplast, Plastflute, Creabuild, Corex Plastics and so on. There are many small companies in this market.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

Corrugated plastic is usually made from polypropylene which is capable of being recycled. Fluted (corrugated) Polypropylene (PP) sheet, a polyolefin product, is a lightweight, material known for its versatility across many industries and applications. Fluted PP is used in Graphic Arts, Packaging, Agriculture, Automotive and Industrial markets. Common applications include signage, trade show and retail display, binding/stationary, crates, as separators or liners in packaging, vehicle trunk liners, and more. Sturdy, reusable, recyclable, returnable, waterproof fluted polypropylene shipping containers are superior to corrugated paper. Polypropylene offers good resistance to chemical or acid attacks and has low moisture absorption and superior electrical insulation.

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The market is driven by various end-user industries, such as graphic arts and signage, packaging and storage, agriculture, automotive, building and construction and so on. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.

The uses corrugated plastic board are put to demonstrate its fantastic versatility. New uses are being identified almost every day. Demand for corrugated plastic is sure to grow, but as many of the plastics used are dependent on crude oil, the raw material costs are subject to the fluctuations (and inevitable growth) of oil prices. This may prove to be a controlling factor.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to:
(i) product development costs;
(ii) capital requirements;
(iii) intellectual property rights;
(iv) regulatory requirement;
(v) Transitions’ unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

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This report presents a comprehensive overview, market shares, and growth opportunities of Corrugated Plastic Board market by product type, application, key manufacturers and key regions and countries.

This study considers the Corrugated Plastic Board value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Polypropylene Type
Polyethylene Type
Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Graphic Arts and Signage
Packaging and Storage
Agriculture
Automotive
Building and Construction
Others

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Corrugated Plastic Board consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Corrugated Plastic Board market by identifying its various subsegments.
Focuses on the key global Corrugated Plastic Board manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Corrugated Plastic Board with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Corrugated Plastic Board submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Coroplast (Inteplast Group)
Primex Plastics
Karton
SIMONA
DS Smith
Distriplast
Sangeeta Group
Northern Ireland Plastics
Zibo Kelida Plastic
Tah Hsin Industrial
Twinplast
Plastflute
Creabuild
Corex Plastics

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