Bulkchemicals Market Reports Plastics Market Growth, Trends and Forecasts, 2020

Hexa Research Fact-based market research, penetrating industry insights and validated forecasts to help you make better decisions for a stronger future Global Plastics Market Share, Size, Analysis, Growth, Trends and Forecasts 2012 - 2020| Hexa Research The global plastics market is expected to grow rapidly at a healthy CAGR of over 8 % from 2014 to 2020. Plastics are synthetic/semi-synthetic organic solid materials that are used to create various valuable products. On account of the ease of manufacture, low cost, flexibility of use, and availability of raw materials, plastics have replaced a number of conventional materials such as paper, wood, metal, leather, glass, and ceramic in the majority uses. This is also projected to boost the global market. Moreover, various technologies that reprocess plastics are anticipated to be the key growth drivers for the global market. However, the fluctuating prices of raw materials along with the rising environmental concerns related to plastic disposal are likely to hamper the market growth in the near future. To beat such challenges, the market players have shifted their focus towards Contact: [phone] Email : [email protected] Website: http://www.hexaresearch.com/