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Thermoforming is process of molding plastic sheet to desired shape using pliable temperature & pressure. Plastic sheets after molding is trimmed to form a usable product. Thermoformed plastics finds application in various food packing, appliances, healthcare products packaging, and in automobiles. Thermoforming plastics are preferred as the packaging material due to low cost and its aesthetic appearance of the products.
The increasing usage of thermoformed plastics in food and healthcare packaging is expected to be one of the primary drivers for this market. Thermoformed plastics in the form of clamshells will be used extensively in the food packagingindustries because of its superior resistance to bacteria, odor, and moisture. Furthermore, the injection molded plastics will be used for the manufacturing of medical disposables and medical devices because of their unique engineering and designing properties including surgical gloves, plastic scissors, urology disposables.
Market Analysis and Insights: Global Thermoformed Plastics Market
The global Thermoformed Plastics market size is projected to reach US$ 12930 million by 2026, from US$ 12280 million in 2020, at a CAGR of 4.9%% during 2021-2026.
Global Thermoformed Plastics Scope and Market Size
Thermoformed Plastics market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Thermoformed Plastics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2015-2026.
Segment by Type, the Thermoformed Plastics market is segmented into
Polymethyl Methacrylate (PMMA)
Bio-Degradable Polymers
Polyethylene (PE)
Acrylonitrile Butadiene Styrene (ABS)
Poly Vinyl Chloride (PVC)
High Impact Polystyrene (HIPS)
Polystyrene (PS)
Polypropylene (PP)
Segment by Application, the Thermoformed Plastics market is segmented into
Cylinders Healthcare & Medical
Food Packaging
Electrical & Electronics
Automotive Packaging
Construction
Consumer Goods & Appliances
Others
Regional and Country-level Analysis
The Thermoformed Plastics market is analysed and market size information is provided by regions (countries).
The key regions covered in the Thermoformed Plastics market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Thermoformed Plastics market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Thermoformed Plastics business, the date to enter into the Thermoformed Plastics market, Thermoformed Plastics product introduction, recent developments, etc.
The major vendors covered:
Sonoco Plastics
Placon Corporation
Spencer Industries
Silgan Plastics
...
The increasing usage of thermoformed plastics in food and healthcare packaging is expected to be one of the primary drivers for this market. Thermoformed plastics in the form of clamshells will be used extensively in the food packagingindustries because of its superior resistance to bacteria, odor, and moisture. Furthermore, the injection molded plastics will be used for the manufacturing of medical disposables and medical devices because of their unique engineering and designing properties including surgical gloves, plastic scissors, urology disposables.
Market Analysis and Insights: Global Thermoformed Plastics Market
The global Thermoformed Plastics market size is projected to reach US$ 12930 million by 2026, from US$ 12280 million in 2020, at a CAGR of 4.9%% during 2021-2026.
Global Thermoformed Plastics Scope and Market Size
Thermoformed Plastics market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Thermoformed Plastics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2015-2026.
Segment by Type, the Thermoformed Plastics market is segmented into
Polymethyl Methacrylate (PMMA)
Bio-Degradable Polymers
Polyethylene (PE)
Acrylonitrile Butadiene Styrene (ABS)
Poly Vinyl Chloride (PVC)
High Impact Polystyrene (HIPS)
Polystyrene (PS)
Polypropylene (PP)
Segment by Application, the Thermoformed Plastics market is segmented into
Cylinders Healthcare & Medical
Food Packaging
Electrical & Electronics
Automotive Packaging
Construction
Consumer Goods & Appliances
Others
Regional and Country-level Analysis
The Thermoformed Plastics market is analysed and market size information is provided by regions (countries).
The key regions covered in the Thermoformed Plastics market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa. It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Thermoformed Plastics Market Share AnalysisThermoformed Plastics market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Thermoformed Plastics business, the date to enter into the Thermoformed Plastics market, Thermoformed Plastics product introduction, recent developments, etc.
The major vendors covered:
Sonoco Plastics
Placon Corporation
Spencer Industries
Silgan Plastics
...
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
