Technology Polymateria Secures £20M in Series B Funding to Expand Biodegradable Plastic Technology January 17, 2024 by plasticsinfomart Polymateria, a prominent scale-up based at Imperial College London’s White City Campus, has achieved a significant milestone in its mission to combat global plastic pollution. The company recently announced a successful £20 million Series B funding round. This investment is earmarked for scaling up its revolutionary technology that renders plastics biodegradable, addressing a critical environmental […] Read more »
Plastic Packaging Contract packaging predicted to see growth in 2024 January 16, 2024 by plasticsinfomart The outlook for pharma services in 2024 is continuing to improve, with 94% of the industry either ‘moderately positive’ (37%) or ‘highly positive’ (37%) on growth for contract packaging in 2024. The new survey results are announced ahead of this month’s Pharmapack Europe 2024 (24-25th January) – held at the Paris Expo, Porte de Versailles (Hall 7.2) – where more […] Read more »
Market News Plastic Bottle Recycling Industry Is Projected To Reach US$ 6.8 Bn By 2031 January 12, 2024 / January 12, 2024 by plasticsinfomart The latest research study released by Transparency Market Research on “Plastic Bottle Recycling Market Forecast to 2023-2031 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. […] Read more »
Market News Forecasting a Booming Future: Global Plastic Market Set to Surge to US$ 1050 Billion by 2033 with a 4% CAGR January 12, 2024 / January 12, 2024 by plasticsinfomart The global plastic market is poised for significant growth, with an anticipated valuation of US$ 712 billion in 2023 and a projected expansion to US$ 1050 billion by 2033, reflecting a Compound Annual Growth Rate (CAGR) of 4% throughout the forecast period. This surge is attributed to rising demand across diverse industries such as food & beverage, […] Read more »
Market News Plastics News India Indian plastic market expected to reach Rs 10 lakh crore by fiscal 2027-28: AIPMA January 10, 2024 / January 10, 2024 by plasticsinfomart Chennai: India has the potential to emerge as a global plastic supplier and the domestic plastic market is expected to more than triple to reach Rs 10 lakh crore by 2027-28, officials said on Sunday. According to the All India Plastics Manufacturers’ Association, the market size of plastics in India was Rs 3.5 lakh crore. Besides the growth of plastics in […] Read more »
Technology LyondellBasell launches recycled ocean plastic for automotive applications January 6, 2024 / January 8, 2024 by plasticsinfomart LyondellBasell has launched a new recycled resin made from recovered maritime plastics. The new resin is the fruit of a collaboration with an unnamed ‘renowned’ German original equipment manufacturer and a plastic mechanical recycler, according to a statement by the Netherlands-based chemical company. Called CirculenRecover PPC TRC 2179N, the PP copolymer recyclate can be used […] Read more »
Market News Plastic Recycling Market Current Scenario with Future Aspect Analysis January 6, 2024 by plasticsinfomart InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Plastic Recycling Market Size, Share & Trends Analysis Report By Material (PET, PP, HDPE, LDPE, PS, PVC), Application (Packaging, Automotive, Construction, Textiles) – Market Outlook And Industry Analysis 2031 The Global Plastic Recycling Market Size is valued at 42.06 billion […] Read more »
Market News Plastics Modifiers Market with Attractiveness, Competitive Landscape & Forecasts January 6, 2024 / January 8, 2024 by plasticsinfomart In the ever-evolving landscape of industrial materials, the Plastics Modifiers Market stands as a beacon of innovation and growth. With a market size valued at USD 4.4 Billion in 2022, and an anticipated CAGR of 5.2% from 2023 to 2029, the market is poised to reach an impressive USD 6.60 Billion. Let’s embark on a […] Read more »