Plastomer Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1604 | Report Format : | Status : Upcoming |

Abstract

Global Plastomer Market: Overview

A polymer material, which holds rubber-like properties of both the plastics and elastomers is known as a plastomer. It provides characteristics such as processability, flexibility, sealing, and compatibility solutions. The major raw material that is used in the plastomer is natural gas. Plastomer is used in the artificial turf, industrial liners, agricultural sector, and for recreational purposes. Automobiles, polymer modifications, and packaging are the key application areas of the plastomer.

Global Plastomer Market: Growth Factors

Increasing popularity of plastomers in different applications such as packaging, polymer modification, and automotive is expected to drive the global plastomer market. The increasing demand from the packaging industry for the plastomers in the emerging economies will give rise to the growth of the market in the coming years. Plastomers provide improved toughness and better heat seal properties which anticipate fostering the growth of the market. High-quality packaging improves the shelf life of the food and beverages also it preserves their quality and freshness thus being used widely. Expanding packaging industry, rising population, changing lifestyle, and growing disposal income of the people are some of the factors that are boosting the market growth. However, production of the plastomers depends upon the natural gas or crude oil; the fluctuating prices of these raw materials restrain the global plastomer market to some extent.

Global Plastomer Market: Segmentation

The global plastomer market is bifurcated on the basis of application and region. The application segment of the market is classified into wires & cables, polymer modification, automotive, film-non-food packaging, medical, film-food packaging, film-stretch and shrink film. The film-food packaging industry is the leading consumer of the plastomer which include various applications such as stretch & shrink film, food, and non-food. Region-wise, the global market is fragmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Global Plastomer Market: Regional Analysis

North America is expected to dominate the plastomer market globally in the coming years, which will be followed by Europe. Europe shows a significant growth in the market due to increasing investments in research and development in the packaging industries thus projecting to propel the growth of the market. Growing demand for the plastomers in Asia Pacific region is the major factor that is driving the growth and development of the plastomer market in this region. Various other factors influencing the market growth in this region are developing automobile, packaging industries, agricultural sector, industrial liners, and polymer modification sector. China is the largest consumer of the plastomers. Emerging economies such as Mexico, Korea, and India are expected to witness a strong market growth in the near future. Favorable growth in the evolving economies includes Mexico, Brazil, and China which positively strengthens the market.

Global Plastomer Market: Competitive Players

Major market players involved in the global plastomer market are Mitsui Chemicals, The Dow Chemical Company, SK Group, LG Chemicals Limited, and ExxonMobil. Other players include Sumitomo Corporation, Alpha Group, Borealis AG, Saudi Basic Industries Limited, and Plastomer Corporation.

Global Plastomer Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Silicon Metal Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2537 | Report Format:

Global Silicon Metal Market: Overview In terms of mass, silicon is the 8th most common element in the cosmos and is the 2nd most plentiful element in the crust of the Earth. It is present naturally in the silicate minerals, comprising feldspar, mica, and silica, which are main constituents of co...Read More

Bio-plastics Market (Bio-PET, Starch Blends, PLA, Bio-PA, Bio-PE and Others) for Automotive, Construction, Packaging, Consumer Goods, Electrical & Electronics and Other Applications: Global Market Perspective, Comprehensive Analysis and Forecast, 2016 – 2022

Jan-2018 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-2533 | Report Format:

The report of the bio-plastics market provides the comprehensive glance on the global and regional level. The study provides historic data of 2014 to 2016 along with a forecast from 2017 to 2022 based revenue and volume. The study includes major driving forces and restraints for the bio-plastics m...Read More

Biochemical Reagents Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2532 | Report Format:

Global Biochemical Reagents Market: Overview Biochemical reagents are referred to as the organic compounds or biological material associated with clinical diagnostics, medical research reagents, and life science research. The basic constituents of organisms removed from the organism or synthesiz...Read More

Bath Salts Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2520 | Report Format:

Global Bath Salts Market: Overview Bath salts are minerals that are soluble in water and are added during bathing to the water. They are acknowledged to cure a range of diseases and are vastly advisable by the health professionals for use on a daily basis. They aid to lessen skin issues, enhance...Read More

Glutamic Acid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2483 | Report Format:

Glutamic Acid Market: Overview The alternative name for the glutamic acid is proteinogenic amino acid. It is generally used in several protein compounds. They are found in the cereals, certain type of algae, meat, and soy protein. It is used in the processed food products for improving the flavo...Read More

Choose License Type:
Latest Published Reports

View All Published Reports