Frost & Sullivan Highlights Top 8 Predictions to Define the Global Plastics and Composites Market

For further information on this analysis, please visit: http://frost.ly/5ob For further information on this analysis, please visit:http://frost.ly/5ob "The recycling, re-use, and upcycling of plastics and composites are becoming key avenues for product development and value addition," saidAditya Krishnan, Chemicals, Materials, and Nutrition Analyst at Frost & Sullivan. "The increasing relevance of energy efficiency and carbon neutrality goals will also drive new product design...

For further information on this analysis, please visit: http://frost.ly/5ob

"The recycling, re-use, and upcycling of plastics and composites are becoming key avenues for product development and value addition," said Aditya Krishnan, Chemicals, Materials, and Nutrition Analyst at Frost & Sullivan. "The increasing relevance of energy efficiency and carbon neutrality goals will also drive new product design and development in several end-use sectors such as automotive, electronics, and consumer goods. Plastics and composites are expected to play an important part due to their versatile properties and longevity."

Krishnan added: "The trend of reshoring, or having products manufactured locally, is expected to have a significant impact as manufacturers look to secure supply chains by building new facilities and expanding operations in key regions such as Asia-Pacific, Latin America, and the Middle East."

The eight key predictions shaping the global plastics and composites market are:

Industry Convergence to Transform the Global Plastics and Composites Market, Outlook 2021 is the latest addition to Frost & Sullivan's Chemicals, Materials, and Nutrition research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Industry Convergence to Transform the Global Plastics and Composites Market, Outlook 2021
MFF5

Contact:

Melissa Tan
Corporate Communications
T: +65 6890 0926
E: [email protected]

http://ww2.frost.com