Transparent Plastics Market and its key opportunities and challenges


The Transparent Plastics Market is projected to grow from USD 96.31 Billion in 2016 to USD 137.75 Billion by 2022 at a CAGR of 6.2% from 2017 to 2022, as per a report by MarketsandMarkets.

Download PDF Brochure:
Browse 187 market data Tables and 66 Figures spread through 230 Pages and in-depth TOC on “Transparent Plastics Market

Why development of bio-based transparent plastics is a good potential opportunity?

Currently, transparent bioplastics are being developed; however, the high-cost and reduced physical properties continue to be a restraint. The most promising developments are in creating commodity resins (PET, PS, and PVC) from bio-based sources.

Request for Sample of this Report:

The demand for biodegradable plastics is rising exponentially. Transparent biodegradable plastics which can directly go to landfill are expected to drive the market in future. Food & beverage packaging is one of the major markets which is expected to offer huge opportunities for bio-based plastics. Significant misinformation and scare tactics are being used to push the anti-plastic agenda. This cripples the industry; however, the development of new materials is estimated to lower the impact of this misinformation and scare tactics in the long-term.

Why fluctuating raw material prices is a major challenge?

Price and availability of raw materials are the major factors that affect the price of end products. Crude oil is among the major raw materials employed in the production of various plastic packaging materials such as polystyrene, polypropylene, PVC, and polycarbonate. The global plastics market, especially transparent plastics has witnessed oscillating price trends of raw materials in recent years, which are fluctuating due to volatile energy prices.

Transparent plastics manufacturers are affected by price-sensitive customers. Most raw materials are petroleum-based and are vulnerable to fluctuations in the commodity prices. Oil prices have been highly volatile in the recent times. This is a major challenge for the plastic industry to predict the future price, thus resulting in low investments in transparent plastics-related projects.

Related Reports:

High Performance Plastics Market by Type (Fluoropolymers, High Performance Polyamide, PPS, SP, LCP, AKP, and PI), End-Use Industry (Transportation, Electrical and Electronics, Medical, Industrial), and Region – Global Forecast to 2026

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Visit Our Website:

Matched content

Editor’s pick

Do NOT follow this link or you will be banned from the site!