Rigid transparent plastics are
nothing but thermoplastics like acrylic, acrylonitrile butadiene styrene (ABS),
polycarbonate, polysulfones, polypropylene and polyvinyl chloride (PVC) styrene
acrylonitrile (SAN), acrylic-styrene copolymers (SMMA), nylon and cellulosic
resins. They are used in aquariums, lighting fittings, aircrafts and more. Acrylic,
also known as poly methyl methacrylate (PMMA), is a transparent thermoplastic
that is lightweight and shatter resistant. Some other major applications of
these plastics are in construction, household appliances, toys, sight glasses,
cosmetic surgeries and more. Transparent plastics are available in various
forms like injection molded, blow molded, extruded and some more. These
transparent plastics may be in form of films or cast sheets.
Europe and North America are the key
market segments followed by Asia-Pacific. Healthy growth is anticipated in
coming years for these market segments. Growing market for rigid transparent
plastic can be estimated due to increase in the demand for clear grade
plastics. It is already replacing glass in various applications like
eyeglasses, vehicle lighting systems and more. Rigid transparent plastics are
expected to replace glass in a wider range of applications in the near future
because of their superiority in various parameters. In addition, technological
advancement in rigid transparent plastics promises rise in its application
base, leading to growth in the market demand.
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Plastics are durable and do not
degrade easily hence the environmental issues may hold back the market for
plastics. Manufacturers are working on developing plastics that can be recycled
and hence trying to reduce its impact on the environment. Various market
opportunities can be anticipated for clear plastics in various applications in
automotive, aerospace, electronic and medical sector in near future.
Some of the key players in the
market are BASF SE, DuPont, Dow Chemical Company, Formosa Plastics, SABIC
Innovative Plastics, Sartomer USA LLC, Bayer Material Sciences, Styron LLC,
Ineos Nova LLC, PPG Industries Inc., EMS Chemie North America Inc, Plaskolite
Inc, and Evonik/Cyro LLC among others.
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This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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