The global plastic additives market is expected to reach USD 62.50 billion by 2022, according to a new report by Grand View Research, Inc. Increasing plastics demand across key end-use industries such as construction and automotive is expected to remain a key driving factor for global plastic additives market over the forecast period. Rising demand for conductive plastics has prompted industry participants to develop nanotubes and nanofibers. This trend has remained crucial in determining companies’ product portfolio, thereby a vital determinant for market competition. Increasing industrial output in emerging economies, coupled with economic growth is also expected to fuel global demand.
http://www.grandviewresearch.com/industry-analysis/plastic-additives-market
No comments:
Post a Comment