Americas Plastic Sheets Market - Industry Trends and Forecast to 2030

Americas Plastic Sheet Market Analysis and Size

Plastic sheets have various applications in household and commercial works as it has various types and forms. Each form and type has its application and uses in different industries. Some applications of plastic sheets are used in food and beverages product packaging, roofing structures in construction works, pharmaceutical bottle packaging, consumer electronic products, household appliances, and art and craft works among others.

Data Bridge Market Research analyses that the plastic sheets market, which was USD   30,942.15 million in 2022, would rocket up to USD    48,211.47 million by 2030 and is expected to undergo a CAGR of 5.70% during the forecast period of 2023 to 2030.   

 "Thermoplastic sheet" dominates the type segment of the plastic sheets market owing to factors such as good toughness and appearance, and is available in various colors and designs. Moreover, they have applications in the equipment housings, bus, and airplane interior parts. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research include depth expert analysis, pipeline analysis, pricing analysis, and regulatory framework.

Americas Plastic Sheet Market Scope and Segmentation

Market Definition

Plastic sheets are continuous forms of plastic materials wound on a core and mostly cut into sheets. Plastic sheets are clear, smooth, rough, transparent, and semi-transparent according to their uses in different applications. Plastic sheets can be made in various colors, sizes, designs, and shapes. Properties of Plastic sheets are high strength, durability, stability, flexibility, chemical resistance, and impact resistance, among others. Applications are used in various household and commercial purposes such as in construction works, the automotive industry, food and beverages product packaging, pharmaceuticals bottle packaging, and equipment product packaging, among others.

Americas Plastic Sheet Market Dynamics

Drivers:

• Increasing applications of plastic sheets in food and beverages product packaging

Plastic sheets are used in the packaging of various types of food and beverage products. These sheets are used to provide freshness and safety to food and beverage products, and they also help to protect food and beverage products from being damaged. Plastic sheets have an advantage in food and beverage product packaging due to their lightweight, flexibility, durability, strength, fluidity, cost-effectiveness, ease of printing, and chemically resistant properties.

• Growing demand for plastic sheets in pharmaceutical and automotive industry

Plastic sheets are used in pharmaceutical bottles such as dropper bottles related to eye drops, spray bottles related to nasal sprays, liquid bottles related to cough syrups, oral care bottles related to mouthwash, and solid containers related to liquid gel capsules. In the automotive industry, plastic sheets are used to manufacture and design advanced designs based on automotive vehicles. In Automotive Industry, plastic sheets are used due to their various features. They are used in car manufacturing because plastic sheets reduce the weight of cars and provide safety for cars at lower manufacturing costs.

Opportunity

• Rising demand for eco-friendly and water-soluble plastic sheets

The demand for eco-friendly and water-soluble plastic sheets is increasing daily. With the rise in consumer trends in e-commerce and retail in the past few years, companies are now adopting eco-friendly and water-soluble plastic sheets to make good product packaging and increase their brand image. Eco-friendly plastic sheets are 100% recyclable, do not cause waste, and protect the environment. The benefits of Eco-friendly plastic sheets are high resistance and efficiency. It reduces greenhouse gases emission.

Restraints/ Challenges

• Plastic sheets are affected by ultraviolet degradation

 or cracking of materials exposed to ultraviolet radiation, most commonly due to sunlight exposure. Absorption of ultraviolet radiation energy from sunlight stores enough energy within molecular bonds of material which causes disintegration of intermolecular bonds holding structure, due to which plastic sheets are affected by ultraviolet degradation is hampering the market demand.

• Manufacturing of plastic sheets releases toxic fumes

In manufacturing plastic sheets, various harmful toxic fumes (harmful chemicals) are released into the environment. Some harmful chemicals are acetone, methylene chloride, styrene, benzene, nitrous, sulfur, ethylene, and methanol. All these chemicals contribute to large amounts of pollution in the environment.

This plastic sheets market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. to gain more info on the plastic sheets market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Development

• In November 2022, Waste Management and Dow's partnership aimed to expand plastic film recycling capacity in the US. The program enables residential customers to recycle plastic film directly in curbside bins, preventing 120,000 tons of plastic film from reaching landfills annually. It supports a circular economy, reduces waste, and promotes sustainability in the American plastic sheet market.

Americas Plastic Sheet Market Scope

The plastic sheet market is segmented based on type, material, form, application, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Wood Plastic Composite Sheet
• Clear Plastic Sheet
• Corrugated Plastic Sheet
• Colored Plastic Sheet
• Plastic Ground Sheet
• Thermoplastic Sheet
• Laminated Plastic Sheet
• Others

Material

• Polyethylene Terephthalate
• Polyethylene
• Polyvinyl Chloride
• Polypropylene
• Polystyrene
• Polylactic Acid
• Polycarbonate
• Polymethyl Methacrylate
• Polyoxymethylene
• Polyamides
• Acrylonitrile Styrene Butadiene
• Others

Form

• Printed
• Non-Printed
• Transparent
• Colored
• Others

Application

• Non-Packaging
• Packaging

Distribution Channel

• Supermarkets/Hypermarkets
• Convenience Stores
• Warehouses
• Direct Sales/B2B
• Specialty Stores
• E-Commerce
• Others

Plastic Sheets Market Regional Analysis/Insights

The plastic sheets market is analyzed and market size insights and trends are provided by type, material, form, application, and distribution channel, as referenced above.

The countries covered in the plastic sheets market report are U.S., Canada, and Mexico in North America and Brazil, Argentina, Colombia, Peru, Chile, Venezuela, Ecuador, and rest of South America in South America.

North America dominates the plastic sheet market because of growing consumer demand for plastic packaging and consumer goods.

South America is expected to grow significantly from 2023 to 2030 due to the expanding industrial sectors, including automotive, electronics, and agriculture.

The country section of the report also provides individual market impacting factors and domestic regulation changes that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Plastic Sheets industry growth and new technology penetration

The plastic sheets market also provides you with detailed market analysis for every country growth in industry, installed new production set-ups, impact of technology using life line curves and changes in regulatory scenarios and their impact on the plastic sheets market. The data is available for historic period 2015-2020.

Competitive Landscape and Plastic Sheets Market Share Analysis

The plastic sheets market competitive landscape provides details of competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the plastic sheets market are:

• A&C Plastics, Inc. (U.S.)
• Dow (U.S.)
• LyondellBasell Industries Holdings B.V. (Netherlands)
• A-Pac Manufacturing Co., Inc. (U.S.)
• Penn Fibre, Inc. (U.S.)
• SABIC (Saudi Arabia)
• Coroplast (Germany)
• Seiler Plastics Corporation (U.S.)
• Acrilex Inc. (U.S.)
• PT Astari Niagara Internasional (Indonesia)
• Plaskolite (U.S.)
• United States Plastic Corporation (U.S.)

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