Thermoplastics Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026
Thermoplastics market size is forecast to reach US$33.8 billion by 2026, after growing at a CAGR of 6.4% during 2021-2026 . Thermoplastic or thermo softening plastic, are a class of polymers that can be softened and melted by the application of heat, and can be processed either in the heat-softened state or in the liquid state by extrusion and injection molding . Thermoplastics market is growing as Engineering Thermoplastics such as the polyamides, polyesters, polycarbonate, polyacetals and acrylonitrile-butadiene-styrene (ABS) are extensively used in automotive, electronics and other industrial sectors. Thermoplastic composites have a number of characteristics, including low weight, high strength, a weather-resistant finish, and a variety of surface textures. As a result, demand for thermoplastic composites in the aerospace industry is expected to increase at a rapid rate and substantially during growing during the forecast period . Request Sample ...