“Transparent Plastics Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on transparent plastics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Measure the impact of high global inflation on market growth.
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Where is the largest and fastest growing market for transparent plastics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The transparent plastics market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Type: Rigid Transparent Plastics; Flexible Transparent Plastics
- 2) By Polymer Type: Polyethylene Terephthalate (PET); Polyvinyl Chloride (PVC); Polypropylene (PP); Polystyrene (PS); Polycarbonate (PC); Polymethyl Methacrylate (PMMA); Other Polymers
- 3) By Application: Packaging; Building And Construction; Electrical And Electronics; Automotive; Consumer Goods; Healthcare; Other Applications
- Companies Mentioned: DuPont; The Dow Chemical Company; LyondellBasell; SABIC; Covestro AG
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the transparent plastics market are: DuPont, The Dow Chemical Company, LyondellBasell, SABIC, Covestro AG, BASF SE, INEOS Group, PPG Industries, Evonik Industries, Lanxess AG, Teijin Limited, LG Chem, Denka Company Limited, Trinseo PLC., Asahi Kasei, Eastman Chemical Company, Chi Mei Corporation, Arkema S.A.
The global transparent plastics market is expected to grow from $125.33 billion in 2022 to $136.57 billion in 2023 at a compound annual growth rate (CAGR) of 8.97%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The transparent plastics market is expected to grow to $172.67 billion in 2027 at a CAGR of 6.04%.
The transparent plastic market consists of sales of acrylic and PETG. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Transparent plastic is a non-crystalline (amorphous) material such as acrylic or polymethyl methacrylate (PMMA) in which light can pass through without being diffracted by crystals. Transparent plastics are used in optical products as a lightweight, shatter-resistant alternative.
Asia-Pacific was the largest region in the transparent plastics market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the transparent plastics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of transparent plastics are rigid transparent plastics and flexible transparent plastics. The rigid transparent plastics are used to manufacture aquariums, lighting fittings, and other consumer goods. Rigid transparent plastics are mechanically tough amorphous and transparent thermoplastics through which light can pass without being diffracted by crystals. These plastics are lightweight and shatter-resistant. The transparent plastics are made of different polymers such as polyethylene terephthalate (PET), polyvinyl chloride (PVC), polypropylene (PP), polystyrene (PS), polycarbonate (PC), polymethyl methacrylate (PMMA), and other polymers. The transparent plastics are used in packaging, building and construction, electrical and electronics, automotive, consumer goods, healthcare, and other applications.
An increase in demand for electric vehicles is expected to propel the transparent plastics market. Electric vehicles (EVs) are either entirely or partially powered by electricity. Transparent plastics are used in electric vehicles for packaging and vehicle parts such as interior and exterior panels, windshields, car indicator covers, windows, and other parts as they are lightweight, less fuel-hungry, and affordable. For instance, the International Energy Agency, an independent intergovernmental agency with headquarters in France, reports that global sales of electric vehicles climbed by 43% in 2020. As a result, the increase in demand for electric vehicles is driving the transparent plastics market.
Bio-based transparent plastics are a key trend gaining popularity in the transparent plastics market. Bio-based plastics, as opposed to conventional plastics, are manufactured entirely or partly from biological sources. Bio-based transparent plastics are made from renewable biomass sources, such as plant fats and oils, woodchips, sawdust, and recovered food waste. They are not always biodegradable or compostable. Major players in the market are focusing on launching bio-based polymers and plastics for market growth. For instance, in October 2021, Lanxess, a Germany-based chemical company, launched Durethan BLUEBKV60H2.0EF. It is a sustainable high-performance plastic which either have a carbon footprint that is at least 50% lower than that of conventional products, or at least 50% made from circular (recycled or biobased) raw materials.
In December 2021, Sonco, a US-based packaging company, acquired Clear Pack Company for an undisclosed amount. Through this partnership, Sonoco will expand its rigid plastic operations. Clear Pack Company is a US-based manufacturer of thermoformed and extruded plastic materials.
The countries covered in the transparent plastics market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The transparent plastics market research report is one of a series of new reports from The Business Research Company that provides transparent plastics market statistics, including transparent plastics industry global market size, regional shares, competitors with a transparent plastics market share, detailed transparent plastics market segments, market trends and opportunities, and any further data you may need to thrive in the transparent plastics industry. This transparent plastics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Transparent Plastics Market Characteristics
3. Transparent Plastics Market Trends And Strategies
4. Transparent Plastics Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Transparent Plastics Market
- 4.2. Ukraine-Russia War Impact On Transparent Plastics Market
- 4.3. Impact Of High Inflation On Transparent Plastics Market
5. Transparent Plastics Market Size And Growth
- 5.1. Global Transparent Plastics Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Transparent Plastics Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Transparent Plastics Market Segmentation
- 6.1. Global Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Rigid Transparent Plastics
- Flexible Transparent Plastics
- 6.2. Global Transparent Plastics Market, Segmentation By Polymer Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polystyrene (PS)
- Polycarbonate (PC)
- Polymethyl Methacrylate (PMMA)
- Other Polymers
- 6.3. Global Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Packaging
- Building And Construction
- Electrical And Electronics
- Automotive
- Consumer Goods
- Healthcare
- Other Applications
7. Transparent Plastics Market Regional And Country Analysis
- 7.1. Global Transparent Plastics Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Transparent Plastics Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Transparent Plastics Market
- 8.1. Asia-Pacific Transparent Plastics Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Transparent Plastics Market
- 9.1. China Transparent Plastics Market Overview
- 9.2. China Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Transparent Plastics Market
- 10.1. India Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Transparent Plastics Market
- 11.1. Japan Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Transparent Plastics Market
- 12.1. Australia Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Transparent Plastics Market
- 13.1. Indonesia Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Transparent Plastics Market
- 14.1. South Korea Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Transparent Plastics Market
- 15.1. Western Europe Transparent Plastics Market Overview
- 15.2. Western Europe Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Transparent Plastics Market
- 16.1. UK Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Transparent Plastics Market
- 17.1. Germany Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Transparent Plastics Market
- 18.1. France Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Transparent Plastics Market
- 19.1. Eastern Europe Transparent Plastics Market Overview
- 19.2. Eastern Europe Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Transparent Plastics Market
- 20.1. Russia Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Transparent Plastics Market
- 21.1. North America Transparent Plastics Market Overview
- 21.2. North America Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Transparent Plastics Market
- 22.1. USA Transparent Plastics Market Overview
- 22.2. USA Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Transparent Plastics Market
- 23.1. South America Transparent Plastics Market Overview
- 23.2. South America Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Transparent Plastics Market
- 24.1. Brazil Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Transparent Plastics Market
- 25.1. Middle East Transparent Plastics Market Overview
- 25.2. Middle East Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Transparent Plastics Market
- 26.1. Africa Transparent Plastics Market Overview
- 26.2. Africa Transparent Plastics Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Transparent Plastics Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Transparent Plastics Market Competitive Landscape And Company Profiles
- 27.1. Transparent Plastics Market Competitive Landscape
- 27.2. Transparent Plastics Market Company Profiles
- 27.2.1. DuPont
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. The Dow Chemical Company
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. LyondellBasell
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. SABIC
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Covestro AG
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Transparent Plastics Market
29. Transparent Plastics Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer