Plastomer Market Report, Size, Demand, Future Trends, Growth Drivers and Opportunities 2021-26

According to IMARC Group’s latest report, titled “Plastomer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global plastomer market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

Request for a free sample copy of this report: https://www.imarcgroup.com/plastomer-market/requestsample

Plastomer is a polymer material that has the combined properties of elastomer and plastics. It is an ethylene-alpha olefin copolymer with a rubber-like structure and the processing ability of plastic. It is obtained from raw materials such as crude oil and natural gas; wherein short-chain hydrocarbons are polymerized in the presence of catalysts to form long-chain polymers. Plastomer offers high scalability, flexibility, sturdiness, impact strength, excellent clarity, gloss, and increased electrical resistance. As a result, it finds application in the film- and non-film-food packaging, film-stretch, shrink film, automotive, polymer modification, wires and cables, roof lining, agriculture, and medical industries.

Market Trends and Drivers:

The global plastomer market is primarily driven by its increasing demand from the packaging industry due to its heat seal properties and improved toughness. Besides this, the significant growth of the food and beverage industry has fueled the demand for plastomers as they help maintain the freshness of food products for a longer duration. In addition to this, plastomers are used for the modification of vehicles in the automotive industry. Furthermore, the growing application of plastomers in the healthcare sector for manufacturing intravenous (IV) bags, continuous ambulatory peritoneal dialysis pouches, pharmaceutical ingredient bags, and packaging for bioreactors is significantly impacting the market growth.

Plastomer Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the plastomer market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Alpha Group
  • Borealis AG
  • Exxon Mobil Corporation
  • LG Chem Ltd.
  • Mitsui Chemicals Inc.
  • Saudi Basic Industries Corporation (SABIC)
  • SK Group
  • Sumitomo Corporation
  • The DOW Chemical Company

Key Market Segmentation:

The report has segmented the global plastomer market on the basis of application, processing method and region.

Breakup by Application:

  • Film-based Food Packaging
  • Film-based Non-food Packaging
  • Stretch-film and Shrink-film Packaging
  • Automotive
  • Polymer Modification
  • Wires and Cables
  • Medical
  • Others

Breakup by Processing Method:

  • Blow Film Extrusion
  • Cast Film Extrusion
  • Extrusion Coating
  • Injection Molding
  • Others

Breakup by Region:

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

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/plastomer-market

Key Highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
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