Transparent Plastics Market {2028} Analysis by Growth, Share, Trends, Forecast

Report Description

Transparent Plastics market is anticipated to expand significantly through 2028 due to the growing demand from the packaging sector. The Asia-Pacific region accounted for 38.6 percent of the global rigid plastic packaging market in 2021

Due to rising demand from end-use industries, including construction, automotive, and consumer products, the worldwide transparent plastic market is expected to expand during the forecast period. In building and construction applications, plastics substitute conventional materials such as glass. Transparent biodegradable plastics that can be disposed of directly in landfills are anticipated to drive the global transparent plastics market in the future.

In April 2022, Printex Transparent Packaging (PTP), the largest clear folding box manufacturer in North America, earned the Safe Quality Food Institute (SQF) Manufacture of Food Packaging certification, recognized by the International Organization for Standardization (ISO).

Rising Demand from Healthcare and Pharmaceuticals
Since it is used to make many practical items like implants, pharmaceutical consumables, and packaging materials like syringes, medication bottles and others, the requirement for transparent plastics from the pharmaceutical industry and healthcare services is always on the rise. Because of their performance characteristics, such as simple recycling, low density, various processability, and cost-effectiveness, transparent polymers like polyethylene terephthalate are employed in numerous applications. The transparent plastics sector is increasing due to increased expenditure in healthcare and pharmaceuticals. This will accelerate the growth of the Transparent Plastics Market in the upcoming years.

For instance, according to the recent studies, the healthcare market in India is expected to touch USD 132 billion by 2023, driven by rising income, better health awareness, lifestyle diseases, and increasing access to insurance.

Growing Electric Vehicles in automotive production
In the automotive sector, transparent plastic is regularly used for packaging and vehicle parts. These applications have witnessed an increase in recent years and have the propensity to continue growing compared to other vehicle materials. Transparent plastics are preferably utilized compared to other materials due to their lightweight, affordability, easy manufacturing methods, and relatively lesser fuel consumption in electric vehicles. Every year, the manufacturing of cars, mostly electric vehicles, has increased globally.

EVs and the automotive industry have shown to be strong in the face of a worldwide crisis, supporting the market need for transparent plastics as the automotive sector quickly moves towards lightweight materials for usage in electric cars; all these factors dominate the demand for transparent plastics in the forecast period.

Increasing demand from Food & Beverage Packing Sector
Transparent plastics are recognized as food-grade plastics, which means they are non-reactive materials that don't react with the food they are made from. Due to this, they are suitable as packaging materials for food and beverages. When foods and beverages are packaged with polyethylene terephthalate plastic, a material widely used in the food and beverage packaging sector, there are no dangerous chemicals, additives, or products that may be ingested. They are used to manufacture bottles and containers for storing water, juice, milk, and food packaging in restaurants, retail and grocery bags, and others.

In 2022, FSSAI released a direction regarding the Operationalization of Draft Food Safety and Standards (Packaging) Amendment Regulations, 2022, regarding using recycled plastic as food contact materials with immediate effect.

Recent Developments

In March 2022, A maker of bespoke plastic boxes, Printex Transparent Packaging (PTP), has introduced transparent folding boxes made of sustainably improved recycled PET (rPET) plastic.
The Reborn group stated that it is prepared to introduce the first film de-inking line for polyethylene (PE) films in France in November 2021, at its site in Ogeu-Les-Bains.
In March 2019, Flexo Transparent, a leading bespoke plastic production and printing solutions supplier, has been acquired by C-P Flexible Packaging, a prominent producer of flexible packaging goods.
Transparent Container Co. Inc. will be acquired by Rohrer Corporation to significantly extend its own plastics thermoformed packaging operations portfolio in October 2018.

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Market Segmentation
Global Transparent Plastics Market is segmented based on polymer type, type application, and region. Based on the polymer type, the market is categorized into polystyrene, polypropylene, polycarbonate, and others. Based on the type, the market is fragmented into rigid and flexible. Based on the application, the market is segmented into packaging, automotive, healthcare, consumer goods, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa, By Company.

Market Players
Emco Industrial Plastics LLC, Evonik Industries AG, Industrial Plastic Supply, Inc., Trident Plastics inc., E & T Plastics Mfg. Co., Inc., Prabhoti Plastic Industries, Lumineq Oy, Curbell Plastics, Inc., Unique Plastic Industries, 3A Composites GmbH are some of the key players of Global Transparent Plastics Market.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	· Polymer Type · Type · Application
Regional scope	North America, Europe, Asia Pacific, South America, Middle East & Africa
Country scope	United States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, China, India, South Korea, Japan, Australia, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE
Key companies profiled	Emco Industrial Plastics LLC, Evonik Industries AG, Industrial Plastic Supply, Inc., Trident Plastics inc., E & T Plastics Mfg. Co., Inc., Prabhoti Plastic Industries, Lumineq Oy, Curbell Plastics, Inc., Unique Plastic Industries, 3A Composites GmbH
Customization scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Transparent Plastics market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Transparent Plastics Market, By Polymer Type:

Polystyrene
Polypropylene
Polycarbonate
Others

Transparent Plastics Market, By Type:

Rigid
Flexible

Transparent Plastics Market, By Application:

Packaging
Automotive
Healthcare
Consumer Goods
Others

Transparent Plastics Market, By Region:

North America

United States
Mexico
Canada

Europe

France
Germany
United Kingdom
Spain
Italy

Asia-Pacific

China
India
South Korea
Japan
Australia

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies present in Global Transparent Plastics market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Transparent Plastics Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected].

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Transparent Plastics Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Polymer Type (Polystyrene, Polypropylene, Polycarbonate, Others)

5.2.2. By Type (Rigid and Flexible)

5.2.3. By Application (Packaging, Automotive, Healthcare, Consumer Goods, Others)

5.2.4. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.5. By Company (2022)

5.3. Market Map

5.3.1. By Polymer Type

5.3.2. By Type

5.3.3. By Application

5.3.4. By Region

6. North America Transparent Plastics Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Polymer Type

6.2.2. By Type

6.2.3. By Application

6.2.4. By Country

6.3. Pricing Analysis

6.4. North America: Country Analysis

6.4.1. United States Transparent Plastics Market Outlook

6.4.1.1. Market Size & Forecast

6.4.1.1.1. By Value & Volume

6.4.1.2. Market Share & Forecast

6.4.1.2.1. By Polymer Type

6.4.1.2.2. By Type

6.4.1.2.3. By Application

6.4.2. Mexico Transparent Plastics Market Outlook

6.4.2.1. Market Size & Forecast

6.4.2.1.1. By Value & Volume

6.4.2.2. Market Share & Forecast

6.4.2.2.1. By Polymer Type

6.4.2.2.2. By Type

6.4.2.2.3. By Application

6.4.3. Canada Transparent Plastics Market Outlook

6.4.3.1. Market Size & Forecast

6.4.3.1.1. By Value & Volume

6.4.3.2. Market Share & Forecast

6.4.3.2.1. By Polymer Type

6.4.3.2.2. By Type

6.4.3.2.3. By Application

7. Europe Transparent Plastics Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Polymer Type

7.2.2. By Type

7.2.3. By Application

7.2.4. By Country

7.3. Pricing Analysis

7.4. Europe: Country Analysis

7.4.1. France Transparent Plastics Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Polymer Type

7.4.1.2.2. By Type

7.4.1.2.3. By Application

7.4.2. Germany Transparent Plastics Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Polymer Type

7.4.2.2.2. By Type

7.4.2.2.3. By Application

7.4.3. United Kingdom Transparent Plastics Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Polymer Type

7.4.3.2.2. By Type

7.4.3.2.3. By Application

7.4.4. Spain Transparent Plastics Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Polymer Type

7.4.4.2.2. By Type

7.4.4.2.3. By Application

7.4.5. Italy Transparent Plastics Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value & Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Polymer Type

7.4.5.2.2. By Type

7.4.5.2.3. By Application

8. Asia-Pacific Transparent Plastics Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Polymer Type

8.2.2. By Type

8.2.3. By Application

8.2.4. By Country

8.3. Pricing Analysis

8.4. Asia-Pacific: Country Analysis

8.4.1. China Transparent Plastics Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Polymer Type

8.4.1.2.2. By Type

8.4.1.2.3. By Application

8.4.2. India Transparent Plastics Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Polymer Type

8.4.2.2.2. By Type

8.4.2.2.3. By Application

8.4.3. South Korea Transparent Plastics Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Polymer Type

8.4.3.2.2. By Type

8.4.3.2.3. By Application

8.4.4. Japan Transparent Plastics Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Polymer Type

8.4.4.2.2. By Type

8.4.4.2.3. By Application

8.4.5. Australia Transparent Plastics Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Polymer Type

8.4.5.2.2. By Type

8.4.5.2.3. By Application

9. South America Transparent Plastics Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Polymer Type

9.2.2. By Type

9.2.3. By Application

9.2.4. By Country

9.3. Pricing Analysis

9.4. South America: Country Analysis

9.4.1. Brazil Transparent Plastics Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Polymer Type

9.4.1.2.2. By Type

9.4.1.2.3. By Application

9.4.2. Argentina Transparent Plastics Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Polymer Type

9.4.2.2.2. By Type

9.4.2.2.3. By Application

9.4.3. Colombia Transparent Plastics Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value & Volume

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Polymer Type

9.4.3.2.2. By Type

9.4.3.2.3. By Application

10. Middle East and Africa Transparent Plastics Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Polymer Type

10.2.2. By Type

10.2.3. By Application

10.2.4. By Country

10.3. Pricing Analysis

10.4. MEA: Country Analysis

10.4.1. South Africa Transparent Plastics Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Polymer Type

10.4.1.2.2. By Type

10.4.1.2.3. By Application

10.4.2. Saudi Arabia Transparent Plastics Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Polymer Type

10.4.2.2.2. By Type

10.4.2.2.3. By Application

10.4.3. UAE Transparent Plastics Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Polymer Type

10.4.3.2.2. By Type

10.4.3.2.3. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Product Launches

12.2. Mergers & Acquisitions

12.3. Technological Advancements

13. Global Transparent Plastics Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Types

15. Competitive Landscape

15.1. Business Overview

15.2. Type Offerings

15.3. Recent Developments

15.4. Financials (In Case of Listed Companies)

15.5. Key Personnel

15.6. SWOT Analysis

15.6.1. Emco Industrial Plastics LLC

15.6.2. Evonik Industries AG

15.6.3. Industrial Plastic Supply, Inc.

15.6.4. Trident Plastics inc.

15.6.5. E & T Plastics Mfg. Co., Inc.

15.6.6. Prabhoti Plastic Industries

15.6.7. Lumineq Oy

15.6.8. Curbell Plastics, Inc.

15.6.9. Unique Plastic Industries

15.6.10. 3A Composites GmbH

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the key factors driving Global Transparent Plastics Market?

The growing need for plastics in the packaging business, particularly in the food and beverage industry, is the key factor driving Global Transparent Plastics Market.

Who are the top players operating in Global Transparent Plastics Market?

Emco Industrial Plastics LLC, Evonik Industries AG, Industrial Plastic Supply, Inc., Trident Plastics inc., E & T Plastics Mfg. Co., Inc., Prabhoti Plastic Industries, Lumineq Oy, Curbell Plastics, Inc., Unique Plastic Industries, 3A Composites GmbH are some of the key players of Global Transparent Plastics Market.

Which region is expected to account for the largest Global Transparent Plastics Market share?

Asia Pacific is expected to hold the largest market share over the next five years due to increasing demand for domestic purpose and easy access to resources.

What segments are covered in Global Transparent Plastics Market?

The Global Transparent Plastics Market is Segmented based on Polymer Type, Type, Application, and Region.

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