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Tuesday 3 May 2016

Plastics market size to grow at a CAGR of 8.1% from 2014 to 2020: Grand View Research


Global plastics market was worth USD 381.83 billion in 2013. Plastics are synthetic or semi-synthetic organic solids which are cast or changed to various valuable products. Plastics are generally organic polymers which occur naturally or sometimes, are derivatives of petrochemicals. The global industry is administered by the application of end-use industry. Forthcoming technologies which recycle plastics are projected to be the major driving force behind the growth of global market. Key manufacturers of plastics are investing into joint ventures and pooling resources with biotechnology companies so as to produce bio-based plastics.
http://www.grandviewresearch.com/industry-analysis/global-plastics-market

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