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The Global Plastic Product Market Is Valued At Nearly $998 Billion In 2017 According To TBRCÂ’s Latest Report


(MoneyNewsWire.Net, July 12, 2018 ) Plastics product companies manufacture packaging materials, film and sheet, foam products, plastic bottles and all other plastic products which have domestic and industrial applications. These companies use polymers and resins as raw materials which are primarily sourced from polymer suppliers and processes used in plastic products manufacturing include compression molding, extrusion molding, injection molding, blow molding and casting.

Read the report at

The market is valued at nearly $998 Billion in 2017 due to the high demand for plastic products from pharmaceutical, FMCG, and construction industries in the region.

In the report, the global plastic product market is divided into seven segments. Plastics Packaging Materials and Unlaminated Film and Sheet Manufacturing segment was the largest segment in the plastic product manufacturing market accounting for nearly one-fifth of the market share. Plastics Pipe, Pipe Fitting, and Unlaminated Profile Shape Manufacturing segment was the second largest segment in the plastic product manufacturing market accounting for one-sixth of the market share and the remaining three fifth of the market share is occupied by other segments namely, laminated plastics plate, sheet (except packaging), and shape manufacturing, plastics bottle manufacturing, urethane and other foam product (except polystyrene) manufacturing, polystyrene foam product manufacturing and others.

Download a sample of the report at

China was the largest country in the plastic products manufacturing market in 2017, accounting for more than one-fifth of the market share. This was due to high demand for plastic packaging materials from the food and beverages industry and the retail industry. The USA and Japan followed China as the next largest countries in the market.

The plastic product market is fragmented with a number of large and small research organizations. The top five competitors in the market made up 2% of the total market in 2017. Newell Brands Inc. was the largest competitor of the market, followed by Compagnie de Saint-Gobain S.A. and Sonoco Products Co. Newell Brands Inc. was incorporated in 1903 and is based in Hoboken, New Jersey. The company offers markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; fine writing instruments; and labeling

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The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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