Dublin, March 27, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Microcellular Plastics Market Size, Share, Development, Growth and Demand Forecast to 2022" report to their offering.
The global microcellular plastics market is expected to grow at a CAGR of 8.0% during the forecast period.
The global microcellular plastic market is driven by growing demand for plastics in food packaging and healthcare segments. The transportation, electronic and toy making industry is also fuelling the demand for these plastics, owing to their increasing application in various end user industries. Microcellular plastics offer better and enhanced properties, in comparison to conventional. These properties include low residual stress, shorter cycle times, and less material consumption. The growing demand for high performance materials in various end-user industries is expected to fuel the growth of the market for microcellular plastics across the globe during the forecast period. Microcellular plastics processing contains three basic elements, creating a gas/polymer solution, inducing a thermodynamic instability to nucleate billions of micro voids, and controlling the diffusional growth of stable nuclei.
Based on application, the global microcellular plastic market has been segmented into transportation, food packaging, healthcare, construction, electronics, and toys.
In 2015, North America was the largest market for microcellular plastics and held significant share in the global market. The factors driving the growth of the microcellular plastic market in North America are the developing research and activities linked to the microcellular plastic production by key market players and increasing demand of high-performance plastics in industries, such as food packaging, healthcare and transportation.
The growing demand for microcellular plastics in construction, food packaging and transportation is driving the growth of the microcellular plastic market in Asia-Pacific. Asia-Pacific is expected to witness significant growth in the global market. The growing economies of countries, such as India and China are fuelling the growth of the market, owing to high rate of industrialization. The demand in Latin America and Middle East & Africa is expected to be stable during the forecast period, due to the strong demand from end-user industries. The demand for microcellular plastics is expected to grow in growing economies, such as South Africa and countries in GCC.
Key Topics Covered:
1. Research Scope And Methodology
2. Executive Summary
3. Market Outlook
3.1 Introduction
3.2 Opportunities In The Global Microcellular Plastics Market
3.2.1 Expansion Opportunities In Asia-Pacific
3.3 Factors Driving Growth Of The Market And Its Impact On Market Forecast
3.3.1 Growing Demand For Plastics In Food Packaging
3.3.2 Growing Demand For Plastics In Healthcare
3.3.3 Growing Demand For Microcellular Plastics In Construction Industry
3.3.4 Impact Analysis Of Drivers On Market Forecast
3.4 Factors Restraining Growth Of The Market And Its Impact On Market Forecast
3.4.1 High Raw Material Cost
3.4.2 Limited Number Of Processing Units
3.4.3 Impact Analysis Of Restraints On Market Forecast
4. Global Microcellular Plastics Market
4.1 Global Microcellular Plastics Market, By Application
4.1.1 Transportation
4.1.2 Food Packaging
4.1.3 Healthcare
4.1.4 Construction
4.1.5 Electronics
4.1.6 Toys
4.2 Global Microcellular Plastics Market, By Region
5. Global Microcellular Plastics Market, By Application
5.1 Global Microcellular Plastics Market For Transportation
5.2 Global Microcellular Plastics Market For Food Packaging
5.3 Global Microcellular Plastics Market For Healthcare
5.4 Global Microcellular Plastics Market For Construction
5.5 Global Microcellular Plastics Market For Electronics
5.6 Global Microcellular Plastics Market For Toys
6. Global Microcellular Plastics Market, By Geography
7. Competitive Analysis
7.1 Porter's Five Forces Of Competitive Position Analysis
7.2 Competitive Positioning Of Global Microcellular Plastics Market, By Application
8. Company Profiles And Strategic Developments
8.1 Key Company Profiles
8.1.1 Abc Group Inc.
8.1.2 Basf Se
8.1.3 Evonik Industries Ag
8.1.4 Compagnie De Saint-Gobain
8.1.5 Huntsman Corporation
8.1.6 Rogers Corporation
8.1.7 Inoac Corporation
8.1.8 Mearthane Products Corporation
8.1.9 Griswold Llc
8.1.10 General Plastics Manufacturing Company
8.2 Strategic Developments In The Global Microcellular Plastics Market
9. Appendix
For more information about this report visit http://www.researchandmarkets.com/research/nln324/global