Electronics and Consumer Goods Plastics Market Analysis By Application And Segment Forecasts, 2014 - 2025
The global electronics and consumer goods plastics market is expected to reach USD 53.5 billion by 2025, according to a new report by Radiant insights, inc. Growing demand for plastics in consumer gadgets manufacturing owing to their lightweight, low cost and superior impact and corrosion resistance is expected to propel growth.
The major industry players including BASF SE, Bayer AG, DuPont, and Exxon Mobil Corporation, are engaged in manufacturing raw materials as well as plastics for end-use applications. Whereas, the players including LG Group and Honeywell are integrated across the complete value chain from the raw material supply to the production of consumer goods.
Rising consumer demand for environmental friendly plastics is expected to compel the manufacturers to divert their focus to the production of bio-based and degradable product over the forecast period. The companies in the electronics and consumer goods plastics industry are expected to establish strategic partnerships with end-use industries to maintain their customer base and the foothold in the market.
Increasing raw material prices and strong foothold of the existing players in the market are expected to be the key factors challenging the entry of new players. Growing concerns towards e-waste management coupled with stringent government regulatory framework for plastic waste disposal is likely to hamper product demand over the projected period.
Download full research Report @ http://www.radiantinsights.com/research/electronics-and-consumer-goods-plastics-market
Further key findings from the report suggest:
• The demand in consumer electronics industry is expected to grow at a CAGR of 6.9%, owing to the increasing plastic usage for manufacturing for manufacturing electronic gadgets such as smartphones, laptops, CD players, TVs and computers
• Household appliances accounted for 23.9% of the total revenue generated by the industry and is expected to grow on account of increasing demand for product for manufacturing structures and bodies of washing equipment, refrigerators, and air conditioners
• The demand for plastics in winter sports was valued at USD 1.62 billion in 2016 and is expected to grow on account of rising product penetration to replace traditional wood and metal sports equipment to gain superior performance, durability, and lightweight
• Asia-Pacific was the largest market, accounting for 37.9% of the overall demand, owing to robust growth of end-use industries including consumer electronics, appliances, sporting goods, and toys, especially in China, Japan, and India
• Rapid growth of electronics industry in Mexico owing to high investments, low manufacturing cost and increasing exports by the country in the international market is expected to drive demand for plastics in the North America
• In July 2015, Sharp Corporation launched Aquos Crystal, a new smartphone which uses bio-based engineering plastic for manufacturing its front panel. The bio-based plastic, Durabio, employed for this purpose was developed by the Mitsubishi Chemical and offers high heat, weather, and impact resistance
Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/electronics-and-consumer-goods-plastics-market/request-sample
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market snapshot
Chapter 3. Electronics And Consumer Goods Plastics Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects, 2014 - 2025
3.3. Value chain analysis
3.4. Regulatory Framework
3.5. Market dynamics
3.5.1. Market driver analysis
3.5.2. Market restraint analysis
3.6. Key opportunities prioritized
3.7. Industry analysis - Porter's
3.8. PESTEL analysis, 2015
Chapter 4. Electronics And Consumer Goods Plastics: Application Outlook
4.1. Application movement analysis, 2016 and 2025
4.2. Electronics and consumer goods plastics market share by application, 2015 & 2025 (Kilo Tons, USD Million)
Browse all Report of this category @ http://www.radiantinsights.com/catalog/chemicals
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email : sales@radiantinsights.com
visit our website : http://www.radiantinsights.com/
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
The major industry players including BASF SE, Bayer AG, DuPont, and Exxon Mobil Corporation, are engaged in manufacturing raw materials as well as plastics for end-use applications. Whereas, the players including LG Group and Honeywell are integrated across the complete value chain from the raw material supply to the production of consumer goods.
Rising consumer demand for environmental friendly plastics is expected to compel the manufacturers to divert their focus to the production of bio-based and degradable product over the forecast period. The companies in the electronics and consumer goods plastics industry are expected to establish strategic partnerships with end-use industries to maintain their customer base and the foothold in the market.
Increasing raw material prices and strong foothold of the existing players in the market are expected to be the key factors challenging the entry of new players. Growing concerns towards e-waste management coupled with stringent government regulatory framework for plastic waste disposal is likely to hamper product demand over the projected period.
Download full research Report @ http://www.radiantinsights.com/research/electronics-and-consumer-goods-plastics-market
Further key findings from the report suggest:
• The demand in consumer electronics industry is expected to grow at a CAGR of 6.9%, owing to the increasing plastic usage for manufacturing for manufacturing electronic gadgets such as smartphones, laptops, CD players, TVs and computers
• Household appliances accounted for 23.9% of the total revenue generated by the industry and is expected to grow on account of increasing demand for product for manufacturing structures and bodies of washing equipment, refrigerators, and air conditioners
• The demand for plastics in winter sports was valued at USD 1.62 billion in 2016 and is expected to grow on account of rising product penetration to replace traditional wood and metal sports equipment to gain superior performance, durability, and lightweight
• Asia-Pacific was the largest market, accounting for 37.9% of the overall demand, owing to robust growth of end-use industries including consumer electronics, appliances, sporting goods, and toys, especially in China, Japan, and India
• Rapid growth of electronics industry in Mexico owing to high investments, low manufacturing cost and increasing exports by the country in the international market is expected to drive demand for plastics in the North America
• In July 2015, Sharp Corporation launched Aquos Crystal, a new smartphone which uses bio-based engineering plastic for manufacturing its front panel. The bio-based plastic, Durabio, employed for this purpose was developed by the Mitsubishi Chemical and offers high heat, weather, and impact resistance
Request a Free Sample Copy of this Report @ http://www.radiantinsights.com/research/electronics-and-consumer-goods-plastics-market/request-sample
Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market snapshot
Chapter 3. Electronics And Consumer Goods Plastics Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects, 2014 - 2025
3.3. Value chain analysis
3.4. Regulatory Framework
3.5. Market dynamics
3.5.1. Market driver analysis
3.5.2. Market restraint analysis
3.6. Key opportunities prioritized
3.7. Industry analysis - Porter's
3.8. PESTEL analysis, 2015
Chapter 4. Electronics And Consumer Goods Plastics: Application Outlook
4.1. Application movement analysis, 2016 and 2025
4.2. Electronics and consumer goods plastics market share by application, 2015 & 2025 (Kilo Tons, USD Million)
Browse all Report of this category @ http://www.radiantinsights.com/catalog/chemicals
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email : sales@radiantinsights.com
visit our website : http://www.radiantinsights.com/
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
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