The Plastic Sheets Market is forecasted to grow at 5.7% with factor such as increasing requirement for plastic sheets in food and beverages product packaging.
Increasing applications of plastic sheets in food and beverages product packaging, rising demand of plastic sheets in medical applications in X-Rays and MRI centres, growing demand of plastic sheets in pharmaceutical and automotive industry, increasing demand of plastic sheets for roofing structures in construction industry are the major driver for propelling the demand of the market, along with this plastic sheets are affected by ultra violet degradation may obstruct the growth of the market in the given forecast period.
According to Data Bridge Market Research, the market for plastic sheets in the U.S. has the highest market share followed by Canada and Mexico. Market leader is Dow which accounts an estimated market share of approximately 10% to 15% in the U.S.
The company offer a variety of products in various product categories such as agriculture, feed and animal care, automotive and transportation, beauty and personal care, building, construction and infrastructure, chemical manufacturing and industrial, consumer goods and appliances, electronics, films, tapes and release liners, food and beverage, healthcare and hygiene, home care, industrial and institutional, cleaning, oil, gas and mining, packaging, paints, inks and coatings, power, water and telecommunications, pulp and paper, textiles, leather and nonwovens out of which chemical manufacturing and industrial is market focused category. For instance, in October 2020, Dow has been awarded with the Green Cross Safety Innovation Award by National Safety Council. The award recognizes organizations and individuals for their contribution to advancement of safety in workplace, in road, communities and homes. According to the company, safety is at the forefront for everything. This award will give good recognition to the company in the market in front of all stakeholders.
Trends Impacting the Market
Now the question is which other countries Dow, LyondellBasell Industries Holdings B.V. and SABIC are targeting? Data Bridge Market Research has estimated a large growth in the U.S. plastic sheets market and the market leaders targeting Canada and Mexico to be their next revenue pockets for 2020.
The plastic sheets market is becoming more competitive every year with companies such as Dow, LyondellBasell Industries Holdings B.V. and SABIC as they are the market leaders for Plastic Sheets. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the plastic sheets market.
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Plastic sheets market is segmented on the basis of countries into the U.S., Canada, Mexico, Brazil, Argentina, Colombia, Peru, Chile, Venezuela, Ecuador and Rest of South America.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of plastic sheets market companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=americas-plastic-sheets-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Americas Plastic Sheets Market – Industry Trends and Forecast to 2027