The Business Research Company’s latest report Plastics And Rubber Products Global Market Report 2020 covers Plastics And Rubber Products market drivers, Plastics And Rubber Products market trends, Plastics And Rubber Products market segments, Plastics And Rubber Products market growth rate, Plastics And Rubber Products market major players, and Plastics And Rubber Products market size. The report provides in-depth analysis of the impact of COVID-19 on the Plastics And Rubber Products industry, along with revised market numbers due to the effects of the coronavirus.
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Plastics And Rubber Products Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global plastics and rubber products market is expected to decline from $1378.6 billion in 2019 to $1345.4 billion in 2020 at a compound annual growth rate (CAGR) of -2.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $1633.9 billion in 2023.
The report covers the Plastics And Rubber Products market’s segments-
1) By Type: Rubber Products, Plastic Products
2) By End-User Industry: Automotive & Transportation, Electrical & Electronics, Medical, Construction, Others.
Subsegments covered: Tire, Hoses And Belting, Other Rubber Product, Plastics Packaging Materials And Unlaminated Film And Sheet, Plastic Pipes And Shapes, Laminated Plastics Plate, Sheet, And Shape, Plastics Bottle, Urethane And Other Foam Product, Polystyrene Foam Product, Other Plastics Product.
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