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Green Materials To Reduce Pollution Caused By Plastic Products!
The global plastic pipe, pipe fitting, and unlaminated profile shape manufacturing market was valued at $160.2 billion in 2017. Asia Pacific was the largest geographic region accounting for $71.50 billion or 44.63% of the global market.
Green solutions are being adopted by plastic product manufacturers to reduce carbon emissions. They are using green materials such as polyethylene produced from ethanol sugarcane, soybeans, tapioca instead of polyethylene from oil or natural gas. Production of lightweight, thermoplastics, multifunctional, biodegradable and recyclable plastics are also some of the strategies adopted by plastic manufacturing to reduce the impact of plastics products on the environment.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL PLASTIC PIPE, PIPE FITTING, AND UNLAMINATED PROFILE SHAPE MANUFACTURING MARKET SIZE AT $162 BILLION IN 2017
Asia Pacific was the largest geographic region in the market, accounting for more than two-fifth of the global market. China was the largest country accounting for more than one-fifth of the plastic pipe, pipe fitting, and unlaminated profile shape manufacturing market share.
According to The Business Research Company’s Consultant, Oliver Guirdham, 3D technology allows manufacturers to create a complete self-supporting object which enables manufactures to produce complex objects that are light and reliable. Greater flexibility and customization are the other major advantages of 3D printing technology. For instance, Stratasys, digital manufacturing solutions provider based in Minnesota offers thermoplastics using 3D printing technology.
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The top companies covered are Amanco industrial, Mexichem sab de cv, JM eagle company, National Pipe and plastics, and IPEX inc. Mexichem was the largest player in the plastics pipe, pipe fitting and unlaminated profile shape manufacturing industry, with revenues of $5.8 billion in 2016. Mexichem’s growth strategy aims at vertical integration, focusing on speciality products and acquisitions.
The plastic pipe, pipe fitting, and unlaminated profile shape market comprises establishments primarily engaged in the manufacturing of unsupported plastic profile shapes or plastic pipes and pipe fittings from PVC and PVDCs. These products are widely used in agriculture, utilities and construction industries.
Plastics Pipe, Pipe Fitting and Unlaminated Profile Shape Manufacturing Global Market Report 2018 is a detailed report giving a unique insight into this market. The report is priced at $4000 for an individual user. To use across your office, the price is $6000 and $8000 if you wish to use across a multinational company.
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