Plastics And Rubber Products Global Market By Type, By Application, By Process, By End-User And Regional Forecast Till 2031 | The Michelin Group, Bridgestone Corporation, Continental AG, Amcor Limited, Berry Global Group Inc.

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The global plastics and rubber products market report by the business research company identifies the plastics and rubber products manufacturing industry is affected by the growth of the packaging industry. There are a number of new developments in the packaging industry that will drive the demand for plastic materials. Convenience features, such as resealable packs, easy-to-open stand-up pouches and smaller pack sizes for single-servings are being introduced and more promotional packs and brand extensions are being developed to ensure customer loyalty. These developments in packaging will increase the consumption of plastics and rubber and are driving the market.

The global plastics and rubber products market grew from $1,229.98 billion in 2021 to $1,347.37 billion in 2022 at a compound annual growth rate (CAGR) of 9.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The market is expected to grow to $1,709.08 billion in 2026 at a CAGR of 6.1%.

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Asia Pacific was the largest region in the plastics and rubber products market in 2021. North America was the second largest region in the plastics and rubber products market. The regions covered in the plastics and rubber products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Major players in the plastics and rubber products market are The Michelin Group, Bridgestone Corporation, Continental AG, Amcor Limited, Good Year Tire & Rubber Company, Sumitomo Rubber Group, Berry Global Group Inc., The Hankook Tire group, Pirelli & C SpA and Avery dennison.

The global plastics and rubber products market is segmented -
1) By Type: Rubber Products, Plastic Products
2) By End-User Industry: Automotive & Transportation, Electrical & Electronics, Medical, Construction, Other End Users

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The Plastics And Rubber Products Market Report Contents Include
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
.....
22. Key Mergers And Acquisitions In The Plastics And Rubber Products Market
23. Market Background: Paper, Plastics, Rubber, Wood And Textile Manufacturing Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

This 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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