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Pallet Market: Global Industry Growth, Share, Size, Trends, Demand and Forecast 2018-2023

The global pallet market has been witnessing a positive growth over the past few years. This can be attributed to rising expenditure on housing and infrastructure activities as a result of rapid urbanisation and boosting disposable incomes.

Pallets are horizontal platforms which offer a base for storing, handling, assembling and transporting products and materials. They are a type of tertiary packaging affixed with a superstructure and a bottom. Pallets are portable and easy to handle as they help in simplifying the process of loading and unloading and ensure safe delivery of the product. As a result, they are extensively used by suppliers and manufacturers of commercial goods across the globe. A new research report by IMARC Group, titled “Pallet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global pallet market reached a volume of 6.5 Billion Units in 2017. The report further anticipates the market to reach 8.8 Billion Units by 2023, at a projected CAGR of around 5% over the forecast period.

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Global Pallet Market Drivers/Constraints:

  • There has been a rise in the expenditure on both housing and infrastructure activities owing to a significant increase in disposable incomes and rapid urbanisation. This is one of the major factors which has been propelling the market growth.
  • Manufacturers have increasingly started using multiple-trip pallets instead of single-trip pallets as they offer lower cost per-trip, eliminate solid waste and enhance operational efficiency. This has, in turn, positively influenced the growth of the market.
  • Over the past years, there has been a significant development in the logistics and transportation sectors as well as trade volume of numerous emerging nations which have contributed towards an augmented demand for pallets across the globe.
  • The limited availability of pallets and increasing cost of raw materials are some of the other factors which act as major factors impeding the growth of the global pallet market.

Pallet Market Segmentation:

Market Segmentation by Type

  • Wood
  • Plastic
  • Metal
  • Corrugated Paper

On the basis of type, the market has been segmented into wood, plastic, metal and corrugated paper. Amongst these, wood pallets exhibit a clear dominance in the market as they are lightweight, stiff, durable and cost effective.

Market Segmentation by Application

  • Food and Beverages
  • Chemicals and Pharmaceuticals
  • Machinery and Metal
  • Construction
  • Others

Pallets currently find myriad applications across various sectors which include food and beverage, chemical and pharmaceutical, machinery and metal, and construction. The food and beverage sector currently represents the largest segment.

Market Segmentation by Structural Design

  • Block
  • Stringer
  • Others

Based on structural design, the market has been segregated as block, stringer and others. Block pallets generally use plywood, solid wood, or plastic blocks for supporting the unit load, whereas, stringer pallets use boards of 2 x 4’s or 3 x 4’s, placed between the top and bottom deck boards.

Market Segmentation by Regional

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

On a geographical front, North America represents the largest region for the global pallet market, accounting for the majority of the share. This can be accredited to rapid development in the industrial sector and an increase in exports across the region. Some of the other major markets include Europe, Asia-Pacific, Middle East and Africa, and Latin America.

Market Segmentation by Import and Export

  • Imports by Major Countries
  • Exports by Major Countries

On the basis of imports and exports scenario, Germany currently represent the largest importer, whereas, Poland represents the biggest exporter of pallet across the globe.

Competitive Landscape:

The market is characterised by the presence of several regional and global manufacturers who are investing in product development in order to improve their portfolio as well as increase the functionality and efficiency of the products. Some of the leading players operating in the market are:

  • Brambles Ltd
  • Rehrig Pacific Company
  • Schoeller Allibert
  • LOSCAM
  • CABKA Group
  • PECO Pallet Inc
  • Falkenhahn AG
  • Litco International INC

For more information, click here: https://www.imarcgroup.com/pallet-market

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


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What Are the Key Factors of Imaging Chemicals market To Growing Rapidly in Global industry?

The report  [125 pages]“Imaging Chemicals Market by Product Type (Printing Inks, Image Developers), Application (Printing & Packaging, Medical Diagnostics, Textile Processing), and Region (North America, Europe, APAC, MEA, and South America) – Global Forecast to 2022″ published by MarketsandMarkets™, the market size for imaging chemicals is estimated to grow from USD 22.08 Billion in 2017 to USD 29.97 Billion by 2022, at a CAGR of 6.3% from 2017 to 2022. The growth can be attributed to the increased demand for imaging chemicals from various applications, such as printing & packaging, medical diagnostics, and textile processing.

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The printing inks product type segment is projected to lead the Imaging Chemicals Market from 2017 to 2022. 

The printing inks segment is projected to lead the Imaging Chemicals Market during the forecast period. The growth can be attributed to the growth of the printing & packaging and textile processing applications.

The textile processing segment of the Imaging Chemicals Market is projected to grow at the highest CAGR between 2017 and 2022. 

The textile processing segment is projected to grow at the highest CAGR between 2017 and 2022. The growth can be attributed to the growing textile manufacturing industry.

The Imaging Chemicals Market in Asia Pacific is projected to grow at the highest CAGR between 2017 and 2022. 

The Imaging Chemicals Market in Asia Pacific is projected to grow at the highest CAGR between 2017 and 2022. China is the largest market for imaging chemicals in Asia Pacific. Increasing investments in the printing & packaging, textiles, and medical industries is driving the Imaging Chemicals Market in this region.

Key players operating in the imaging chemicals market include Fujifilm (Japan), The Eastman Kodak Company (US), Vivimed Labs (India), DIC Corp. (Japan), Flint Group (Germany), Sakata Inx (Japan), Toyo Ink SC (Japan), Siegwerk Druckfarben (Germany), and T&K Toka (Japan).

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Masterbatch Market Projected to Reach 13.41 Billion USD by 2022

According to the market research report Masterbatch Market by Type (Color, Additive, White, Black, Filler), Polymer (PP, LDPE & LLDPE, HDPE, PVC, PET, PUR, PS), Application (Packaging, Building & Construction, Automotive, Consumer Goods, Textile, Agriculture) – Global Forecast to 2022″, The global masterbatch market was valued at USD 10.45 Billion in 2017 and is projected to reach USD 13.41 Billion by 2022, at a CAGR of 5.1 % from 2017 to 2022.

Browse 118 market data tables and 62 figures spread through 177 pages and in-depth TOC on “Masterbatch Market – Global Forecast to 2022”
https://www.marketsandmarkets.com/Market-Reports/masterbatches-market-168014686.html

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The growth of the global masterbatch market is mainly driven by the increasing demand for plastics in varied applications and the replacement of metal, concrete, and steel goods with lightweight plastics, and preferred coloring plastics in most of the industrial sectors, such as automotive, consumer goods, and building & construction.

The color segment of the global masterbatch market is projected to grow at the highest CAGR between 2017 and 2022

Based on type, the global masterbatch market has been segmented into color, additive, white, black, and filler. The color segment is expected to grow at the highest CAGR from 2017 to 2022. This growth is mainly attributed to the rising demand from retail, industry, and institutions. The increase in handling and transport of goods due to globalization, liberalization, changing consumer lifestyles, and economic development has led to the increase in demand for better protection and handling of goods.

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The LDPE & LLDPE segment of the global masterbatch market is expected to grow at the highest CAGR between 2017 and 2022

Based on polymer, the LDPE & LLDPE segment of the global masterbatch market is expected to grow at the highest CAGR during the forecast period. LDPE & LLDPE offer superior physical properties such as impact resistance, tensile strength, and also help in reducing processing cycle time. These are used for various applications, such as, packaging consumer goods, automotive, agriculture, and others.

The packaging segment of the global masterbatch market is expected to grow at the highest CAGR during the forecast period

Based on application, the packaging segment is expected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the rising demand from retail, industry, and institutions. The increase in handling and transport of goods due to globalization, liberalization, changing consumer lifestyles, and economic development has led to the increase in demand for better protection and handling of goods.

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Asia-Pacific to be the fastest-growing market for masterbatch during the forecast period

The masterbatch market in the Asia-Pacific region is expected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the rise in the construction of infrastructure in the Asia-Pacific in countries, such as India, Taiwan, Indonesia, and China.  The masterbatch market in the region has a large number of small and domestic players providing customized solutions at low cost.

The global masterbatch market is led by various market players, such as Clariant AG (Switzerland), A. Schulman Inc. (U.S.), PolyOne Corporation (U.S.), Ampacet Corporation (U.S.), Penn Color, Inc. (U.S.), Plastiblends India Ltd. (India), Tosaf Group (Israel), Hubron (International) Ltd. (U.K.), Cabot Corporation (U.S.), and Plastika Kritis S.A. (Greece), among others.

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Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Specialty Polystyrene Resin Market Size is projected to reach 126 million USD By 2023

According to the new research [152 Pages report]”Specialty Polystyrene Resin Market by Function (Protection, Insulation, Cushioning & Others), Application (Protective Packaging, Building & Construction, Automotive & Transportation, Electronics, Healthcare), and Region – Global Forecast to 2023″, published by MarketsandMarkets™, the Specialty Polystyrene Resin Market is projected to grow from USD 111 million in 2018 to USD 126 million by 2023, at a CAGR of 2.64% during the forecast period. The major factors driving the Specialty Polystyrene Resin Market include the increase in demand for protection from end-use industries such as packaging, building & construction, healthcare, and electrical & electronics. Focus on the reduction of greenhouse gas emissions and strict government regulations on the construction of energy-efficient buildings with better insulation properties are expected to drive the demand for specialty polystyrene resin.

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The protection segment is estimated to be the largest function in Specialty Polystyrene Resin Market during the forecast period.

The protection function of specialty polystyrene resin includes tensile, bending absorbing impact, sudden force, load bearing and others, which are mostly needed in industries such as automotive and building & construction. The demand for this segment has increased the demand for specialty polystyrene resin globally. Specialty polystyrene resin used in the packaging application are made up of material types such as PS, PU, PO, and others including PVDF and PVC. Specialty polystyrene resin is the most versatile type of polymer foam. It is lightweight, composed of individual cells of low-density PS, and has high strength-to-weight ratio because its cells are not cross-linked, making them the perfect material for the protection function.

The protective packaging segment is estimated to be the largest application during the forecast period.

Globally, the protective packaging application is driving the specialty polystyrene resins market because it is one of the finest packaging options for any high-value heavy products and industrial products, which are entirely protected and safe from transportation and handling risks. These industrial products range from breakable pharmaceutical products electronic components, electrical consumer goods, toys to horticultural or garden products. These products reach consumers in perfect condition because of their specialty polystyrene resin packaging. Specialty polystyrene resin-based packaging foam adjusts to integrated production systems. It is cost-efficient, versatile, effective, and is easy to handle as it has no sharp edges or staples. It can also protect sophisticated machinery from any damage.

APAC to hold the largest share of the Specialty Polystyrene Resin Market during the forecast period.

APAC has emerged as the leading consumer and producer of specialty polystyrene resin. The easy availability of low-cost labor and economical & accessible raw materials are driving foreign investments, which are increasing the production of specialty polystyrene resin in the region. APAC is also the fastest-growing Specialty Polystyrene Resin Market.

The major vendors in the specialty polystyrene resin market are Sekisui Plastics Co., Ltd. (Japan), NOVA Chemicals Corporation (Canada), Synthos (Poland), BASF SE (Germany), SUNPOR KUNSTSTOFF GmbH (Austria), Atlas EPS (US), VERSALIS (Italy), SABIC (Saudi Arabia), LG Chem, Ltd. (South Korea), BEWiSynbra Group AB (publ) (Sweden), Samsung Fine Chemicals Co., Ltd (South Korea), Total S.A. (France), and Trinseo (US).

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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

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Non-Woven Fabric Market Outlook 2019-2023 Emerging Technologies, Business Strategy, Development Status, Sales Revenue, Global Key Players and Trends Growth Analysis by MRFR

Non-Woven Fabric Market Overview:

Non-Woven Fabric Market size was valued at around USD 32 Bn in 2018 and is expected to cross USD 50 Bn at CAGR of 8.2% by 2023.

Non-Woven Fabric are predominantly utilized in numerous end use industries such as healthcare, consumer goods, consumer, industrial, and others. Non-Woven Fabric market is estimated to witness healthy growth on account of rising construction activities and continuous growth of healthcare sector across the globe.  Among technology segment, spunlaid technology emerged as the leading technology segment and accounted for more than half of the total market share in 2018. In addition, growing construction activities in developed and developing countries is predicted to propel the market growth.

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Non-Woven Fabric Market Key Players:

The key players of global non-woven fabric market report include- E.I. du Pont De Nemours and Company, Kimberly-Clarke Corporation, Polymer Group Incorporation, Chevron Corporation, Avintiv Inc., Ahlstrom Corporation, Freudenberg & Co. KG, Avgol Ltd and Pegas Nonwovens S.R.O.

Non-Woven Fabric Market Regional Analysis:

APAC is the largest and fastest growing market for non-woven fabric. The share of APAC is attributed to the agricultural dependent economies. The regions like India and China have seen the changing trends and consumer behavior over a period of time. The average consumer is more aware about the importance of hygiene and sanitation. This is backed by the economic growth and increasing disposable income. The non-woven fabric is used across all major industries such as healthcare, construction and consumer goods and finds a flourishing market in the region.

Non-Woven Fabric Market Segmentation:

Non-woven Fabric use plastic materials in various applications such as consumer goods, construction, healthcare and industrial. The extensive usage and popularity of these fabrics drive the market. The increasing population and changing life styles & preferences has emphasized on the importance of hygiene and sanitation. The consumers from all age groups and strata demand products that improve their personal hygiene.

The report has analyzed the market based on the three segments: material, technology and application in the regions of North America, Europe, APAC and rest of the world. On the basis of material, polypropylene has the largest market share. The share is attributed to its usage across all the major industries. On the basis of technology, Spunlaid accounts for the largest share both by value and volume due to the increasing medical application. The scope of the market has widened over many years owing to the flourishing markets of APAC.

Non-Woven Fabric Market Competitive Landscape:

Non-Woven Fabric report has analysed the level of competition among the key operating players as well as sector growth and market scenario. The global non-woven fabric market comprises of various manufacturers operating in the market which comprised of large scale and medium size manufacturers. Some of the prominent market players operating in the global non-woven fabric industry has shifted their focus towards growth association specifically by Asia Pacific as medium scale and small-scale manufacturers are from this region specifically from China, South Korea, India, Indonesia, Thailand, Taiwan, Malaysia, and Japan.

Non-Woven Fabric Market Table of Content:

1 Executive Summary

2 Scope of the Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview of Global Non-Woven Fabrics Market

Non-Woven Fabric Market Table of Content to be Continue……,

Complete List of Tables and Figures @ https://www.marketwatch.com/press-release/non-woven-fabric-market-research-report-to-2023-industry-size-growth-share-future-trends-price-top-key-players-review-business-opportunities-demand-and-global-analysis-by-forecast-mrfr-2019-02-06

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MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Top 15 Petrochemicals Market estimated to reach beyond 310.3 Million tons by 2021

[232 Slides Report] The Top 15 Petrochemicals Market report is segmented into three sub parts, basic petrochemicals, basic intermediate chemicals and basic polymers. The basic petrochemicals market is anticipated to grow from 250.3 Million tons in 2016 to 310.3 Million tons by 2021 at a CAGR of 4.4% from 2016 to 2021.

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Ethylene – The largest market among top 15 petrochemicals

 Ethylene is primarily a petrochemical used as a feedstock in the manufacturing of polymer plastics, fibers and other organic chemicals that are ultimately consumed in the packaging, transportation, and construction industries. Ethylene constituted about 25% share of the total petrochemical market in 2016, in terms of volume and is projected to maintain its share during the forecast period. With advent of abundant shale gas in North America, the majority of global players in the ethylene business have shifted their production facilities to North America to churn out low cost ethylene from ethane.

 Packaging- The fastest-growing market for basic polymers

 The packaging industry especially in developing markets of India, Thailand, Malaysia, Vietnam and countries of Middle East such as UAE, Oman, Qatar, Kuwait is expected to grow by more than 20% year-on-year during the forecast period. The growth is driven by rise in health awareness among people, decreasing quality of tap water, and increase in tourism globally. The GGC (Gulf Cooperation Council) market for bottled water is projected to grow by about 50% each year driven by scarcity of water and rise in population. With rise in disposable income in the emerging economies, the demand of juices, nutrition drinks is projected to grow at high rates in the forecast period.

 Asia-Pacific – The largest market for petrochemicals

 Asia-Pacific is the largest market for top 15 Petrochemicals accounting for almost 50% share in terms of volume, globally because of presence of large number of packaging, construction products, and textile industries in China and India. This region is expected to dominate the market till 2021 driven by huge investments in construction projects related to affordable housings and infrastructure. This high growth is attributed to expansion of production capacity, competitive manufacturing costs, and others.

Key companies operational in Top 15 Petrochemicals Market includes Lyondell Basell (Netherlands), Dow Chemicals Company (U.S.), SABIC (Saudi Arabia), Exxon Mobil (U.S.), and BP (U.K.)

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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

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Antimicrobial Plastic Market Size is projected to reach 16.17 Billion USD By 2020

The report [151 pages] Antimicrobial Plastic Market by Type (Commodity Plastic, Engineering Plastic, and High Performance Plastic) by Application (Healthcare, Packaging, Consumer Goods, Automotive, Construction, and Others) & by Region – Global Forecast to 2020”, defines and segments the antimicrobial plastic market and forecasts the market size, by value and volume. The antimicrobial plastic market size, in terms of value, is projected to reach USD 16.17 billion by 2020, at a CAGR of 8.7%, between 2015 and 2020.

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The dominance of packaging and healthcare applications is projected to continue be the same by 2020 due to the increasing demand for attractive and sophisticated product packaging from food & beverage and agricultural applications and growing population which in turn would demand healthcare products. This is also due to the growing young population in Asia-Pacific and South America coupled with their increasing plastic goods consumptions.

The Asia-Pacific region is projected to dominate the antimicrobial plastics market by 2020 and account for a major share of the total market in terms of volume. The developed regions, such as North America and Western Europe are estimated to have relatively slow growth rates as compared to the Asia-Pacific and RoW regions. Moreover, Asia-Pacific and RoW are expected to witness the high growth rate between 2015 and 2020. The market in these regions is experiencing increase in antimicrobial plastics consumption in packaging, healthcare, consumer goods, automotive, and construction applications.

In general, important factors those are expected to drive the growth in the antimicrobial plastics market include the increasing awareness of the consumers about health-related infections and stringent regulations in North America and Europe to use products & devices with antimicrobial coatings so as to minimize contact with pathogens and spreading of the infections. Some factors, such slow economic recovery of European countries and high barriers of entry for new players are anticipated to restrain the growth of the antimicrobial plastics market. Substantial improvements in the standard of living of the consumers resulted in increased demand for more hygienic and sophisticated plastic products. This is also expected to drive the global antimicrobial plastics market.

The key players considered in the report are BASF SE (Germany), Bayer MaterialScience AG (Germany), The Dow Chemical Company (U.S.), Clariant AG (Switzerland), Lonza Group AG (Switzerland), Microban International (U.S.), Parx Plastic BV (The Netherlands), King Plastic Corporation (U.S.), Biocote (U.K.), Milliken Chemical (U.S.), Sanitized AG (Switzerland), and PolyOne Corporation (U.S.).

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About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

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Caps & Closures Market estimated to reach beyond 68.71 Billion USD by 2021

The [199 pages report] “Caps & Closures Market by Type (Plastic Caps & Closures (Screw Caps, Dispensing Caps, Others), Metal Caps & Closures (Screw & Lug, Can Ends, Crown Caps, Others), Other Caps & Closures (Corks, Others)), Raw Material, End-Use Industry – Global Forecast to 2021″ published by MarketsandMarkets, the market size is estimated to grow from USD 49.78 Billion in 2015 to USD 68.71 Billion by 2021, at a CAGR of 5.62%.

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End-use industries such as beverage and healthcare to gain maximum traction during the forecast period

The beverages segment dominated the market in 2015 and is projected to be the second-fastest-growing end-user industry in the next five years, as a result of the rising consumer demand for beverage products such as bottled water and beer as well as growing demand for quality and safe products. Furthermore, the healthcare segment is projected to be the fastest-growing end-use industry due to the rising consumption of pharmaceutical and medical products.

Plastics as a raw material to play a key role in the Caps & Closures Market

The report defines and segments the Caps & Closures Market on the basis of raw material into plastics, metal, and others. The plastics segment is projected to contribute the largest market share as it is light in weight and cost effective, whereas metal will have the next largest market share from 2016 to 2021. The plastics segment is further divided into its sub segments such as polypropylene, polyethylene, polyethylene terephthalate, polyvinyl chloride, and others. Out of these, polypropylene is projected to be the fastest-growing sub segment as it does not crack under stress and has good resistance to almost all types of chemicals, including strong acids, alkalis, and most organic materials.

“Asia-Pacific region to be the largest market for caps & closures during the forecast period.”

The Asia-Pacific region leads the market due to its large population and its proven identity of a major manufacturing hub that offers production opportunities at affordable costs to companies. As caps & closures are used widely by different industries, such as food, beverages, and healthcare, the Asia-Pacific region, which is witnessing major growth in these sectors as well, has become a large market for these packaging solutions. This is followed by North America, which is the next largest market for caps & closures followed by Europe and Rest of the World.

The global market for caps and closures is operated by players such as RPC Group Plc (U.K.), Reynolds Group Holdings Limited (New Zealand), Crown Holdings Inc. (U.S.), Amcor Limited (Australia), Rexam PLC (U.K.), Berry Plastics Corporation (U.S.), Silgan Holdings Inc. (U.S.), AptarGroup Inc. (U.S.), Guala Closures Group (Italy), and BERICAP GmbH Co. & KG (Germany).

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About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
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