North America Rigid Transparent Plastics Market 2023 - DSM Engineering Plastics, DuPont, BASF SE, PPG Industries, Mitsubishi Engineering Plastics

Albany, NY, 20th June : Recent research and the current scenario as well as future market potential of "Rigid Transparent Plastics: North American Markets".

The demand within the global market for rigid transparent plastics has been rising on account of advancements in the manufacturing sector. Rigid transparent plastics, as the name suggests are hardbound plastics that can be seen through. The demand for these plastics has been rising over the past decade, majorly due to the growing use of strong and durable plastics in multiple industries. Brittle plastic has run out of popularity, and this has paved way for the popularity of rigid transparent plastics. A stellar manufacturing sector for rigid plastics has come to the fore in recent times. Owing to the aforementioned factors, the global rigid transparent plastics market is expected to accumulate voluminous revenues in the years to come.

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Several new and old vendors are gradually consolidating their position in the plastic market. These vendors are capitalising on the manufacturing and sale of rigid transparent plastics in order to earn greater volumes of revenue. The use of rigid transparent plastics in the manufacture of water bottles and containers has played a crucial role in market growth. Moreover, the manufacture of rigid transparent plastics has also gained momentum on account of advancements in the toy-manufacturing sector. Henceforth, the revenue index of the global rigid transparent plastics is expected to improve in the years to follow.

The global market for rigid transparent plastics in Asia Pacific has been expanding at a stellar pace. This regional growth majorly owes to the presence of an expansive plastic manufacturing sector in India and China. The market for rigid transparent plastics in North America is also gathering momentum in recent times.

Report Scope:

Use of the terms transparent and clear is subjective. Most definitions of the terms express the clarity of plastics by the percentage of light transmission as defined by the American Society for Testing and Materials (ASTM) Test D-1003. Light transmission percentages above 85 are generally accepted as transparent, although many suppliers claim clear grades with percentages of 80 or lower, making the distinction between transparent and translucent unclear. When referring to plastics and resins, the terms transparent and clear are used synonymously in this report.

Clear rigid plastics are commercially available in many forms, including injection-molded, extruded, blow-molded and thermoformed. Many clear extruded products are converted to clear films. The uses for these films are varied and include commodity, specialty, coextruded, food and medical packaging. Packaging markets such as healthcare and food are not addressed in this report. Blow-molded clear plastics are hollow, and most are converted to bottles or containers. Thermoformed plastics are similar to injection-molded plastics but are generally thinner and require less equipment and capital outlay.

This report covers rigid, clear, non-packaging plastic products, which include injection-molded, non-film extrusion and some thermoformed (including cast sheet) plastics. Flexible and hollow thin plastics, including films, are not covered in this report. The clear resins covered in this report are: acrylics, polycarbonates, polystyrenes, styrene block copolymers (SBCs), styrene acrylonitrile (SAN), acrylonitrile butadiene styrene (ABS), polysulfones, thermoplastic polyesters (almost exclusively polyethylene terephthalate (PET)), polypropylene, acrylic-styrene copolymers (SMMAs), polyvinyl chloride (PVC), nylon, cellulosic resins, cyclic olefin copolymers (COCs), and allyl diglycol carbonate (ADC) (for optical applications).

Major applications of these rigid transparent plastics include: medical, electronic, automotive, building and construction (glazing, lighting lenses, signs, and displays), housewares, appliances, toys, optical lenses, and aircraft transparencies.

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Report Includes:

- 42 data tables and 19 additional tables
- Industry analysis of rigid transparent plastics in terms of current and forecast usage
- Analyses of global market trends with data from 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Coverage of rigid, clear, non-packaging plastic products, including injection-molded, non-film extrusion and thermoformed and cast sheet plastics
- Insight into new developments in clear plastics, their expanded usage in existing and new applications, and competition between polymers exhibiting optical clarity
- Identification of the markets dynamics, specifically growth drivers, inhibitors and opportunities
- Qualitative data covering major producers and suppliers and trade-named products
- Comprehensive company profiles of major players in the industry, including DSM Engineering Plastics, DuPont Inc., BASF SE, PPG Industries Inc., Mitsubishi Engineering Plastics and Total Petrochemicals USA

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