Skip to main content

Rising developments in the packaging industry and improved characteristics over conventional plastics and elastomers are fuelling the growth of plastomers market

New product development and expansions were the key strategies adopted by the industry players to achieve growth in the global plastomers market between 2013 and 2015. These two strategies together accounted for the largest share of all the strategies adopted by the market players.


Request Report Sample @ https://tinyurl.com/yxgjp2lu

The growing popularity of plastomers over conventional polymers in various applications plays a significant role in driving the market. The increasing growth in the packaging industry and improved characteristics over conventional plastics and elastomers are driving the growth of plastomers in the packaging applications. These market drivers have encouraged the companies to adopt various growth strategies in the plastomers market.

Some of the leading plastomers manufacturers, such as The Dow Chemical Company (U.S.), Saudi Basic Industries Corporation (SABIC) (Saudi Arabia), Borealis AG (Austria), Mitsui Chemicals (Japan), LG Chem Ltd. (South Korea), ExxonMobil (U.S.), Sumitomo Corp. (Japan), SK Group (South Korea), Plastomer Corp. (U.S.), and Alpha Group (India) are the key players in the market that adopted different strategies to grow and remain competitive in their businesses, globally.

Besides new product development and expansions, companies adopted the strategy of joint ventures, mergers & acquisitions, partnership & collaborations, and agreements to expand their market share and distribution network. These strategies also accounted for a small share of the total number of growth strategies adopted by the players in the global plastomers market between 2013 and 2015.

Get 10% Free Customization on this report @ https://tinyurl.com/y4o58tbx

Key companies such as The Dow Chemical Company (U.S.), Borealis AG (Austria), and Mitsui Chemicals Inc. (Japan) are the most active players in the global plastomers market.
Between 2013 and 2015, The Dow Chemical Company, a global market player in the plastomers market, launched several new products under the brand name of ENGAGE and ELITE AT. During the same time frame, the company also constructed a new ethylene production facility in Texas, U.S. with an objective to expand its performance plastics products that includes ELITE enhanced polyethylene, new specialty low density polyethylene, and NORDEL metallocene EPDM.


Download PDF Brochure @ https://tinyurl.com/yxrlnc8m


Other developments between 2013 and 2015 include development of new and enhanced plastomers for the packaging industry, expansions by Borealis AG, Mitsui Chemicals Inc., and Alpha Group, and acquisition of DEXPlastomers by Borealis AG.


Reference:
https://www.marketsandmarkets.com/Market-Reports/plastomers-market-231187621.html?utm_source=blog%2FML

For more Info Visit Blog: https://chemicalsresearchmarket.wordpress.com/blog/

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Dual Chamber Syringe Filling Machine Market Size,Insights, and Forecast 2025

  The Global Dual Chamber Syringe (DCS) Filling Machine Market size is projected to grow from USD 258 million in 2020 to USD 381 million by 2025, at a CAGR of 8.2% between 2020 and 2025. The growth is attributed to the growing biopharmaceutical industry, increasing production of lyophilized drugs and advancement in filling machine technologies. Browse 102 market data Tables and 29 Figures spread through 113 Pages and in-depth TOC on  "Dual Chamber Syringe (DCS) Filling Machine Market by Type (Automatic, Semi-Automatic and Manual), Application (Industrial Pharmacy and Hospital Pharmacy), and Region – Global Forecast To 2025". Syntegon Technology is one of the leading providers of packaging and processing technology. In 2019, Bosch (Germany) sold one of its subsidiaries, Bosch Packaging Technology, to CVC Capital Partners (Luxembourg) and was renamed as Syntegon Technology. The company manufactures products for four different segments, namely, pharma, biopharma & fine ...
Post a Comment
Read more

Agricultural chemicals application segment of solvents market is projected to grow at the highest CAGR by 2025

  The Solvents Market is projected to grow from USD 21.8 billion in 2020 to USD 30.0 billion by 2025, at a CAGR of 6.6% during the forecast period. The decline in crude oil prices and disruption in the supply chain impacted the market. The major drivers for the market is high demand for conventional solvents from applications such as home care, personal care, and pharmaceuticals amidst COVID-19. Key players in the solvents market include Royal Dutch Shell Plc. (Netherlands), Eastman Chemical Company (US), BASF SE (Germany), ExxonMobil Corporation (US), LyondellBasell Industries Holdings B.V. (Netherlands), Ashland Global Holdings Inc. (US), Huntsman Corporation (US), Celanese Corporation (US), Honeywell International Inc. (US), and INEOS Group AG (UK). These players have adopted various growth strategies, such as expansions, acquisitions, new product launches, agreements, and joint ventures, to strengthen their presence and increase their shares in the solvents market. The ag...
Post a Comment
Read more

Digitally Printed Wallpaper Market Statistics, Trends, Growth and Demand Report 2022- 2027

  The global digitally printed wallpaper market size in 2022 is estimated at USD 4.7 billion and is projected to reach USD 13.1 billion by 2027, at a CAGR of 22.4% from 2022 to 2027. The major drivers for the market include an growth in urbanization and increasing construction activities. However, rivalry from paint & coating producers limits the market growth. Moreover, the ever-increasing growth in commercial and marketing sectors is projected to boost the market for digitally printed wallpaper. Browse 162 market data Tables and 28 Figures spread through 152 Pages and in-depth TOC on  "Digitally Printed Wallpaper Market by Printing Technology (Inkjet, Electrophotography), Substrate (Nonwoven, Vinyl, Paper), End-Use Sector (Non-Residential, Residential, Automotive & Transportation) and Region - Global Forecast to 2027 " Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=81489419 Key companies such as A.S. Création T...
Post a Comment
Read more