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The Global Plastics And Rubber Products Market Is Valued At Over $1 Trillion In 2017 According To TBRCÂ’s Latest Report


(MoneyNewsWire.Net, July 12, 2018 ) The plastics and rubber products industry comprises establishments that manufacture goods by processing plastic and rubber raw materials. Plastics and rubber products are included in the same industry as they have similar technical properties, however they are categorized based on the sole use of either rubber or plastic as raw material in the production of the product. Companies in the industry manufacture plastic bags and bottles, plastic film and sheets, plastic and rubber pipes, plastic foams, rubber hoses and tires.

Read the report at

The market is valued at over $1 trillion in 2017.

In the report, the global plastics and rubber products market is divided into two segments. Plastic products manufacturing occupies the major segment in the market, accounting for seven-tenth of the market share and the remaining three-tenth of the market is rubber products manufacturing.

Download a sample of the report at

China was the largest country in the plastics and rubber products manufacturing market in 2017, accounting for one-fifth of the market share. This was due to high demand for plastic products from food and beverage, hospitality and construction industries. The USA and Japan followed China as the next largest countries in the market.

The plastics and rubber products market is fragmented with a number of large and small organizations. The top five competitors in the market made up over 6 % of the total market in 2017. Bridgestone Corporation was the largest competitor of the market, followed by Michelin Inc., Good Year Tire & Rubber Company, and Continental Tire the Americas and S C Johnson & Son Inc. Bridgestone Corporation is headquartered in Tokyo, Japan. The company manufactures tires for automobiles, including cars, aircrafts, bicycles, trucks, and vans since 1931. The company also produces conveyor belts, marine fenders, golf equipment and ceramic components.

About The Business Research Company.

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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The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293


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Source: EmailWire.Com

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