PCR Closures Market 2022 - Key Details and Outlook by Top Companies till 2028

According to The Insight Partners' Latest Study on PCR Closures Market Forecast to 2028 Focuses COVID-19 Impact and Global Analysis By Resin type (Polypropylene (PP), Polyethylene (PE), Polyethylene Terephthalate (PET), Others); Product Type (Dispensing caps, Screw-on caps, Others); End-user (Pharmaceutical, Food and Beverage, Personal Care, Automotive, Others) and Geography

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Post-consumer resins (PCR) material is made from the process of recycling plastic materials that have completed their life cycle and are considered as wastes. Post-consumer resin (PCR) includes consumer packaging items such as plastic film, bottles, milk jugs, buckets, and also industrial packaging items such as IBC totes and poly drums. These items can be reprocessed into recycled plastic that's used to make new products. The consistent efforts of manufacturers to reduce their carbon footprint has led to incremental growth in the application of PCR in the packaging industry.

The increasing restrictions and regulations imposed on the consumption of plastics have increased the demand for PCR closures, which is driving the market growth. Further, the rising demand for packaging products for several beverage products throughout the globe is accelerating the need for PCR. Moreover, the growing environmental awareness and effort to reduce carbon footprint in various countries is expected to propel the PCR closures market's growth in forecast years.

"Global PCR Closures Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the PCR closures market with detailed market segmentation by type, application, distribution channel, and geography. The global PCR closures market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading PCR closures market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global PCR closures market is segmented on the basis of material type and application. Based on material type, the global PCR closures market is segmented into nylon, polyester, and others. On the basis of application, the market is segmented commercial and residential.

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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global PCR closures market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The PCR closures market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the PCR closures market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the PCR closures market in these regions.

MARKET PLAYERS

1. Berry Global Inc.
2. AptarGroup, Inc.
3. O.Berk
4. Silgan Dispensing Systems
5. Weener Plastics Group BV
6. Closure Systems International Inc.
7. Drug Plastics Group
8. RPC Group Plc.
9. Gerresheimer AG
10. Raepak Ltd.

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Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About The Insight Partners:

The Insight Partners is a one top industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Manufacturing and Construction, Technology, Chemicals and Materials.
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