Plastics And Rubber Products Market is Projected to Reach $1633.9 Billion by 2023 | TBRC Report Insights | Covid 19 Impact And Recovery

The Business Research Company offers "Plastics And Rubber Products Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global plastics and rubber products market is expected to decline from $1378.6 billion in 2019 to $1345.4 billion in 2020 at a compound annual growth rate (CAGR) of -2.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $1633.9 billion in 2023.

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The plastics and rubber products market consists of sales of plastics and rubber products by entities (organizations, sole traders and partnerships) that produce goods by processing plastic and rubber raw materials. Plastics and rubber products are included in the same market as they have similar technical properties, though they are categorized based on the sole use of either rubber or plastic as raw material in the production of the product. Businesses in the industry produce plastic bags and bottles, plastic film and sheets, plastic and rubber pipes, plastic foams, rubber hoses and tires.

Many plastic and rubber manufacturing companies are adopting 3D technology to design and develop new plastic and rubber products. Using this technology designers, engineers and manufacturers are creating new models and mold parts. The products made using 3D printers have good mechanical properties like strength and rigidity. For example, Stratasys developed one such color multi-material 3D printer which can combine colors with multi-material 3D printing. The printer uses cyan, magenta and yellow colors and plastics and elastomers as base materials to print objects with wide ranges of flexibility and rigidity, transparency and opacity.

Plastics And Rubber Products Market Segmentation: -
By Type
Rubber Products
Plastic Products

By End-User Industry
Automotive & Transportation
Electrical & Electronics
Medical
Construction
Others

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Plastics And Rubber Products Market Characteristics
4. Plastics And Rubber Products Market Product Analysis
5. Plastics And Rubber Products Market Supply Chain
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20. Plastics And Rubber Products Market Competitive Landscape
21. Key Mergers And Acquisitions In The Plastics And Rubber Products Market
22. Market Background: Paper, Plastics, Rubber, Wood And Textile Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The report covers the trends and market dynamics of the Plastics And Rubber Products Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Plastics And Rubber Products Market are Bridgestone Corporation; Michelin Inc; Good Year Tire & Rubber Company; Continental Tire the Americas; S C Johnson & Son Inc.

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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