Chemical Research Report Industrial Packaging Market | Page 4

REPORT DESCRIPTION
Among the end users, chemicals and pharmaceutical industries has the largest market share in the industrial
packaging market, owing to high adoption rate of industrial packaging products. According to American
Chemistry Council (ACC), due to availability of cheap and abundant ethane and shale gas, there is boom in
chemical industry in U.S, with starting of 294 new projects by 2017. According to U.S International Trade
Administration, the world market of pharmaceuticals witness a growth rate of 4.9%, and is projected to grow from
US$ 1 trillion to US$ 1.3 trillion from 2015 to 2020. Thus, increase in the demand for packaging of chemical and
pharmaceutical goods is expected to drive the growth of industrial packaging market over the forecast period.
Major Players in the Global Industrial Packaging Market
Some of the major players operating in the global Industrial packaging market include AmeriGlobe LLC, Beacon
Converters, Bemis Company, Aphena Pharma Solutions, Cascades Inc., International Paper Company, United
Drug Plc, and Sigma Plastics Group.
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