openPR Logo
Press release

Plastomer Market: Global Industry Outlook, Size (US$ 5.9 Billion), Share, Growth (CAGR of 7.1%), Top Companies Analysis and Research Report 2022-2027

01-13-2023 07:42 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Plastomer Market: Global Industry Outlook, Size (US$ 5.9

According to IMARC Group's latest report, titled "Plastomer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global plastomer market size reached US$ 3.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.9 Billion by 2027, exhibiting a growth rate (CAGR) of 7.1% during 2022-2027.

Plastomer Market Trends:

The escalating product utilization in the food packaging segment as a sealing and melting polymer, on account of its lower density that aid in preserving the freshness and quality of the food products and improving their shelf life, is among the key factors driving the plastomer market. Besides this, the increasing adoption of controlled plastomers in the manufacturing of medical and healthcare products, such as intravenous (IV) bags, pharmaceutical ingredient bags, continuous ambulatory peritoneal dialysis pouches, packaging for bioreactors, etc., is further stimulating the market growth. In addition to this, the rising investments in research and development (R&D) activities to innovate new products and the expanding product requirement to produce gaskets, vibration dampening and impact absorption products, insulation and acoustical systems, seating and hydrophilic and hydrophobic foams, and seals, of automobiles, on account of their light-weight feature are acting as significant growth-inducing factors. Moreover, the elevating usage of the product to package agricultural products, which include fruits and vegetables, cereals, oils, etc., to prevent them from getting damaged is expected to propel the plastomer market over the forecasted period.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/plastomer-market/requestsample

Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027

Competitive Landscape With Key Players:

The competitive landscape of the plastomer market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Alpha Group
• Borealis AG
• Exxon Mobil Corporation
• LG Chem Ltd.
• Mitsui Chemicals Inc.
• Saudi Basic Industries Corporation (SABIC)
• SK Group
• Sumitomo Corporation
• The DOW Chemical Company

Industry Definition and Application:

Plastomer represents specialized polymers that exhibit properties of both plastics and elastomers. They are derived using several processing methods, such as blow film extrusion, cast film extrusion, injection molding, etc. Plastomer polymer variants have elasticity, processability, clarity, and gloss finish similar to plastic and rubber. They provide improved impact performance, processability, and melt strength when used by themselves or with blends and compounds. As compared to mixed polymers, they can be converted to mono-material solutions that are highly cost-effective and environment-friendly. As a result, they plastomer polymer materials find extensive applications across numerous sectors, including food and beverage (F&B), packaging, automotive, wires and cables, agriculture, medical, etc.

Key Market Segmentation:

The report has segmented the global plastomer market based on application, processing method and region.

Breakup by Application:

• Film-based Food Packaging
• Film-based Non-food Packaging
• Stretch-film and Shrink-film Packaging
• Automotive
• Polymer Modification
• Wires and Cables
• Medical
• Others

Breakup by Processing Method:

• Blow Film Extrusion
• Cast Film Extrusion
• Extrusion Coating
• Injection Molding
• Others

Breakup by Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=2282&flag=C

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Plastomer Market: Global Industry Outlook, Size (US$ 5.9 Billion), Share, Growth (CAGR of 7.1%), Top Companies Analysis and Research Report 2022-2027 here

News-ID: 2881890 • Views:

More Releases from IMARC Group

Gym Business Business Plan Opportunities in 2025: Why Now is the Right Time to Invest
Gym Business Business Plan Opportunities in 2025: Why Now is the Right Time to I …
Gym Business Plan & Project Report Overview IMARC Group's "Gym Business Plan and Project Report 2025" offers a comprehensive framework for establishing a successful gym business. This in-depth report covers critical aspects such as market trends, investment opportunities, revenue models, and financial forecasts, making it an essential tool for entrepreneurs, consultants, and investors. Whether assessing a new venture's feasibility or optimizing an existing business, the report provides a deep dive into
Mushroom Farming Business Plan Startup Costs and Profit Margins in 2025 Explained
Mushroom Farming Business Plan Startup Costs and Profit Margins in 2025 Explaine …
Mushroom Farming Business Plan & Project Report Overview IMARC Group's "Mushroom Farming Business Plan and Project Report 2025" offers a comprehensive framework for establishing a successful mushroom farming business. This in-depth report covers critical aspects such as market trends, investment opportunities, revenue models, and financial forecasts, making it an essential tool for entrepreneurs, consultants, and investors. Whether assessing a new venture's feasibility or optimizing an existing business, the report provides a
Citric Acid Production Plant Cost Report 2025: Detailed Guide on Setup and CapEx/OpEx
Citric Acid Production Plant Cost Report 2025: Detailed Guide on Setup and CapEx …
Citric acid is a weak organic acid naturally found in citrus fruits and widely used as a preservative, flavoring agent, and acidulant in the food and beverage industry. It also has significant applications in pharmaceuticals, cosmetics, detergents, and industrial processes due to its chelating and pH-regulating properties. Produced commercially through microbial fermentation, particularly using Aspergillus niger, citric acid remains one of the most in-demand organic acids globally. Setting up a citric
Motorcycle Dealership Business Plan Industry Trends 2025: Key Insights for Owners and Investors
Motorcycle Dealership Business Plan Industry Trends 2025: Key Insights for Owner …
Motorcycle Dealership Business Plan & Project Report Overview IMARC Group's "Motorcycle Dealership Business Plan and Project Report 2025" offers a comprehensive framework for establishing a successful motorcycle dealership business. This in-depth report covers critical aspects such as market trends, investment opportunities, revenue models, and financial forecasts, making it an essential tool for entrepreneurs, consultants, and investors. Whether assessing a new venture's feasibility or optimizing an existing business, the report provides a

All 5 Releases


More Releases for Plastomer

Polyolefin Plastomer Prices Steady Amid Strong Packaging, Weak Auto Demand
North America Polyolefin Plastomer Prices Movement Q4: Polyolefin Plastomer Prices in United States: In Q4 2024, U.S. Polyolefin Plastomer Prices reached 2877 USD/MT in December. Steady packaging demand from e-commerce and healthcare supported the market, while automotive demand dropped due to chip shortages. Growing interest in eco-friendly POP rose with stricter emission rules and companies' increasing focus on sustainability and greener production practices. Get the Real-Time Prices Analysis: https://www.imarcgroup.com/polyolefin-plastomer-pricing-report/requestsample Note: The analysis can be
From Micro to Macro: Polyolefin Plastomer (POP) Market Sizing Strategies
A complete study of the global Polyolefin Plastomer (POP) market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenarios of the global Polyolefin Plastomer (POP) industry. Research techniques like PESTLE and Porter's Five Forces analysis have been deployed by the researchers.
Top 3 trends accentuating Plastomer Market size until 2025
The plastomer market is expected to grow exceptionally by 2025 owing to increasing efforts on research and development by the key auto automobile players in the industry. Plastomer has found considerable application across diverse industries in products like adhesives, compounding foams, and in food and non-food packaging. The material is used to make automotive interiors like seat belts that are made of nylon or polyester, wires and cables. Driven by
Polyolefin Plastomer (POP) Market : Facts, Figures and Analytical Insights 2020- …
The Polyolefin Plastomer (POP) Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. Buy The Report: https://www.marketinsightsreports.com/report/purchase/11301605538?mode=su?source=openpr&Mode=12
Plastomer Market Share to Hit USD 3.52 Billion by 2026
Latest Report Available at Zion Market Research, "Plastomer Market is set for a Rapid Growth and is Expected to Reach USD 3.52 Billion by 2026" provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth. The global Plastomer Market research report is intended to help newbies as well as established market players to study and forecast this market at the
Plastomer Market to Become a Worth US$ 3.52 Billion by 2026
The"Plastomer Market is set for a Rapid Growth and is Expected to Reach USD 3.52 Billion by 2026"published and promoted by Zion Market Research provides in-depth segment analysis of the market being effective in several sectors, thereby providing valuable insights to the rivals. The global Plastomer Market report offers the realistic data gathered on the basis of various key factors such as manufacture and services. It also represents various market