The North American transparent plastics market should reach 5.6 billion pounds by 2022 from 4.5 billion pounds in 2017 at a compound annual growth rate (CAGR) of 4.6%, from 2017 to 2022.
-An overview of the global market for rigid transparent plastics.
-Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022.
-Coverage of new developments in clear plastics, their expanded usage in existing and new applications, and competition between polymers exhibiting optical clarity.
-Information on major applications for rigid transparent plastics, in addition to medical, electronic, and automotive markets, which include building/construction (glazing, lighting lenses, signs/displays), housewares, appliances, toys, optical lenses, and aircraft transparencies.
-Evaluation of the market's dynamics, specifically growth drivers, inhibitors, and opportunities.
-Profiles of major players in the industry.
Study Goals and Objectives
This report is an update of an earlier research report published in 2015. The objective of this study is to provide an analysis of rigid transparent plastics in terms of current and forecast usage, with an emphasis on deferments since 2015. New developments in rigid clear plastics that have resulted in expanded usage in existing and new applications as well as competition between polymers exhibiting optical clarity are discussed. The competitive scenario between glass and clear plastics is described, and a detailed discussion of the competition among individual rigid transparent plastics is provided. Additionally, important suppliers of clear plastics, their product lines and other important factors that have an impact on the market are discussed.
Reasons for Doing This Study
Most plastics suppliers are in continual search for special markets, often irrespective of potential volume. Selection criteria are focused on growing specialty markets with opportunities for respectable profits although sales volumes may not be large by commodity resin standards.
Rigid transparent plastics have become a significant market and include many types of polymers. In addition to acrylics and polycarbonates, many styrene-based materials and commodity and specialty polymers are available in clear grades. Opportunities in several application areas need to be reappraised in regard to the use of transparent or clear plastics, especially in the electronics, medical and automotive sectors. Of special interest within the electronics sector is the apparent decrease of transparent plastics as substrates for CDs, DVDs and more recent variants, especially those with polycarbonate. For example, online downloads and other technologies have slowed demand for polycarbonate-based CDs and DVDs.
Scope of Report
Use of the terms transparent and clear is subjective. Most definitions of the terms express the clarity of plastics by the percentage of light transmission as defined by American Society for Testing and Materials (ASTM) Test D-1003. Light transmission percentages above 85 are generally accepted as transparent although many suppliers claim clear grades with percentages of 80 or lower, making the distinction between transparent and translucent unclear. When referring to plastics and resins, the terms transparent and clear are used synonymously in this report.
Clear rigid plastics are commercially available in many forms, including injection-molded, extruded, blow-molded and thermoformed. Many clear extruded products are converted to clear films. The uses for these films are varied and include commodity, specialty, coextruded, food and medical packaging. Packaging markets such as healthcare and food are not addressed in this report. Blow-molded clear plastics are hollow, and most are converted to bottles or containers. Thermoformed plastics are similar to injection-molded plastics but are generally thinner and require less equipment and capital outlay.
Related Reports: Plastics Market Research Reports
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