Global Rigid Transparent Plastics Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Rigid Transparent Plastics are a type of plastic material that has a high level of transparency and rigidity. They are commonly used in various applications where transparency and durability are important, such as in packaging, automotive, construction, and healthcare industries. Rigid Transparent Plastics are made from various types of polymers, including polycarbonate, polypropylene, polyethylene terephthalate (PET), and polyvinyl chloride (PVC). These materials offer excellent strength, chemical resistance, and optical clarity, which makes them ideal for a wide range of applications. The demand for Rigid Transparent Plastics is increasing due to their lightweight, high-performance, and eco-friendly properties. The major driving factors for the Global Rigid Transparent Plastics Market are growing demand from various end-use industries and increasing consumer awareness and demand for sustainable materials. Moreover, the growing demand for consumer electronics and growing demand for food packaging are creating lucrative growth opportunities for the market.
Rigid Transparent Plastics are widely used in food packaging due to their excellent barrier properties, which help to preserve the quality and freshness of food products. The growing demand for packaged foods is driving the growth of the Rigid Transparent Plastics market. According to the Eating Better report of 2020, in the UK, 88% of adults eat ready meals or ready-to-cook foods 2 in 5 people eat ready meals every week. According to Statista, in 2020, the frequency of ready meal consumption is increasing year-over-year in the United Kingdom. Such as, in 2019, 3,410 thousand people were consuming ready meals more than once a week, which surged to 5,328 thousand in 2020. However, the high cost of Rigid Transparent Plastics stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Rigid Transparent Plastics Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The North American market for Rigid Transparent Plastics is expected to dominate the market during the forecast period, driven by the increasing demand from various end-use industries such as automotive, electronics, and packaging. The United States is the largest market in the region due to the presence of key market players, such as Dow Inc., Eastman Chemical Company, and SABIC. The Asia Pacific market for Rigid Transparent Plastics is projected to grow at the highest CAGR during the forecast period, driven by the increasing demand from emerging economies such as China, India, and Southeast Asian countries. The growth of the market in the region is also attributed to the presence of key market players, such as Teijin Limited, Chi Mei Corporation, and Mitsubishi Chemical Corporation.
Major market players included in this report are:
- Eastman Chemical Company
- Saudi Basic Industries Corporation (SABIC)
- Covestro AG
- BASF SE
- Dow Inc.
- INEOS Group Holdings S.A.
- Trinseo S.A.
- Teijin Limited
- Mitsubishi Chemical Corporation
- Chi Mei Corporation
Recent Developments in the Market:
- In November 2021, Covestro AG launched a new polycarbonate film with a matte surface to address the growing demand for anti-reflective and fingerprint-resistant displays in smartphones and tablets.
- In November 2022, SABIC introduced a new range of polycarbonate materials with improved optical clarity, impact resistance, and heat resistance, which are suitable for use in automotive, electronics, and consumer goods applications.
Global Rigid Transparent Plastics Market Report Scope:
- Historical Data: - 2020 - 2021
- Base Year for Estimation: - 2022
- Forecast period: - 2023-2030
- Report Coverage: - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: - Polymer Type, End-user Industry, Region
- Regional Scope: - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Polymer Type offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Polymer Type:
- Polycarbonate (PC)
- Polyvinyl Chloride (PVC)
- Polystyrene (PS)
- Acrylonitrile Butadiene Styrene (ABS) & Styrene Acrylonitrile (SAN)
- Polypropylene (PP)
- Polymethyl Methacrylate (PMMA)
- Styrene Block Copolymers (SBC)
- Other Polymer Types
By End-user Industry:
- Packaging
- Healthcare
- Electrical and Electronics
- Automotive
- Buildings and Construction
- Other End-user Industries
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Rigid Transparent Plastics Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Rigid Transparent Plastics Market, by Polymer Type, 2020-2030 (USD Billion)
- 1.2.3. Rigid Transparent Plastics Market, by End-user Industry, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Rigid Transparent Plastics Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Rigid Transparent Plastics Market Dynamics
- 3.1. Rigid Transparent Plastics Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing demand from various end-use industries
- 3.1.1.2. Increasing consumer awareness and demand for sustainable materials
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Rigid Transparent Plastics
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing demand for consumer electronics
- 3.1.3.2. Growing demand for food packaging
Chapter 4. Global Rigid Transparent Plastics Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Rigid Transparent Plastics Market, by Polymer Type
- 5.1. Market Snapshot
- 5.2. Global Rigid Transparent Plastics Market by Polymer Type, Performance - Potential Analysis
- 5.3. Global Rigid Transparent Plastics Market Estimates & Forecasts by Polymer Type 2020-2030 (USD Billion)
- 5.4. Rigid Transparent Plastics Market, Sub Segment Analysis
- 5.4.1. Polycarbonate (PC)
- 5.4.2. Polyvinyl Chloride (PVC)
- 5.4.3. Polystyrene (PS)
- 5.4.4. Acrylonitrile Butadiene Styrene (ABS) & Styrene Acrylonitrile (SAN)
- 5.4.5. Polypropylene (PP)
- 5.4.6. Polymethyl Methacrylate (PMMA)
- 5.4.7. Styrene Block Copolymers (SBC)
- 5.4.8. Other Polymer Types
Chapter 6. Global Rigid Transparent Plastics Market, by End-user Industry
- 6.1. Market Snapshot
- 6.2. Global Rigid Transparent Plastics Market by End-user Industry, Performance - Potential Analysis
- 6.3. Global Rigid Transparent Plastics Market Estimates & Forecasts by End-user Industry 2020-2030 (USD Billion)
- 6.4. Rigid Transparent Plastics Market, Sub Segment Analysis
- 6.4.1. Packaging
- 6.4.2. Healthcare
- 6.4.3. Electrical and Electronics
- 6.4.4. Automotive
- 6.4.5. Buildings and Construction
- 6.4.6. Other End-user Industries
Chapter 7. Global Rigid Transparent Plastics Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Rigid Transparent Plastics Market, Regional Market Snapshot
- 7.4. North America Rigid Transparent Plastics Market
- 7.4.1. U.S. Rigid Transparent Plastics Market
- 7.4.1.1. Polymer Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. End-user Industry breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Rigid Transparent Plastics Market
- 7.5. Europe Rigid Transparent Plastics Market Snapshot
- 7.5.1. U.K. Rigid Transparent Plastics Market
- 7.5.2. Germany Rigid Transparent Plastics Market
- 7.5.3. France Rigid Transparent Plastics Market
- 7.5.4. Spain Rigid Transparent Plastics Market
- 7.5.5. Italy Rigid Transparent Plastics Market
- 7.5.6. Rest of Europe Rigid Transparent Plastics Market
- 7.6. Asia-Pacific Rigid Transparent Plastics Market Snapshot
- 7.6.1. China Rigid Transparent Plastics Market
- 7.6.2. India Rigid Transparent Plastics Market
- 7.6.3. Japan Rigid Transparent Plastics Market
- 7.6.4. Australia Rigid Transparent Plastics Market
- 7.6.5. South Korea Rigid Transparent Plastics Market
- 7.6.6. Rest of Asia Pacific Rigid Transparent Plastics Market
- 7.7. Latin America Rigid Transparent Plastics Market Snapshot
- 7.7.1. Brazil Rigid Transparent Plastics Market
- 7.7.2. Mexico Rigid Transparent Plastics Market
- 7.8. Middle East & Africa Rigid Transparent Plastics Market
- 7.8.1. Saudi Arabia Rigid Transparent Plastics Market
- 7.8.2. South Africa Rigid Transparent Plastics Market
- 7.8.3. Rest of Middle East & Africa Rigid Transparent Plastics Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Eastman Chemical Company
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Saudi Basic Industries Corporation (SABIC)
- 8.3.3. Covestro AG
- 8.3.4. BASF SE
- 8.3.5. Dow Inc.
- 8.3.6. INEOS Group Holdings S.A.
- 8.3.7. Trinseo S.A.
- 8.3.8. Teijin Limited
- 8.3.9. Mitsubishi Chemical Corporation
- 8.3.10. Chi Mei Corporation
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption