Press Releases

2018 Review of Plastics Report Offers Key Insights on Multiple Market Segments

March 01, 2019

WELLESLEY, Mass., March 01, 2019 – For decades, plastics have reigned as a key material in strategic sectors such as packaging, transportation, building & construction, industrial, medical devices and many more.

BCC Research’s latest report, “2018 Plastics Research Review,” provides an overview of all of the trends that professionals can expect to see within the plastics market, including the use of plastic compounding, flexible foam, plastics recycling, composites, bioplastics and injection molding.

Review Highlights

  • China’s ban on post-consumer plastics import will cause the global market for plastics recycling to decline, however the market will re-grow and is expected to reach $33.7 billion by 2023.
  • Automotive composite consumption is expected to reach 7.3 billion pounds by 2022. Two new types of automotive composite—carbon-reinforced polymer composites (CFRPs) and nanocomposites, currently account for a relatively small share of total automotive composites consumption, but are poised for rapid growth in the future.
  • Support from Coca-Cola, Pepsi, H.J. Heinz, Ford, AT&T and Toyota, along with governments around the world looking for ways to reduce their CO2 emissions, is fueling the bioplastics industry. But several factors could inhibit the market’s growth.
  • The global plastics injection molding market is expected to grow from $139 billion in 2018 to reach $233 billion in 2023. Injection molding of plastics is continuing its dominance within the processing of polymers for everyday use products, including kitchenware, toys and packaging.

“The 2018 Plastic Research review provides market professionals with concise market coverage within the plastic category. We include portions of several market research reports that were published in 2018 and are an efficient way for market professionals to keep up with the general market developments of 2018,” say BCC Research analysts.

Download the report overview to read the first chapter for free.

Editors/reporters requesting analyst interviews should contact Eric Surber at press@bccresearch.com.

2018 Plastics Research Review( PLS051E )
Publish Date:     

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.