Boston, MA -- (SBWIRE) -- 11/01/2016 -- Plastomers are polymer materials that have properties of both plastics and elastomers. When compared with conventional plastics, plastomers are soft and transparent. Plastomers possess narrow molecular weight distribution, which differentiates them from the conventional plastics or elastomers. They offer exceptional toughness and sealing properties. This is the major characteristic of plastomers responsible for its market growth and high demand. Plastomers granules are easily fused into the packaging materials such as packaging materials for food, sliced cold meats, vegetables, biscuits, and juices. These plastomers increases the shelf life of the food products and can be easily stored for a longer duration. Moreover, these packaging materials can be easily recycled.

Get More Details on this Report and a Full Table of Contents at Global Plastomers Market 2016-2020

Technavio's analysts forecast the global plastomers market to grow at a CAGR of 7.5% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global plastomers market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.

The market is divided into the following segments based on geography:

-APAC
-Europe
-North America
-ROW

Technavio's report, Global Plastomers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Borealis
-Dow Chemical
-ExxonMobil
-SABIC
-Sumitomo Chemical

Other prominent vendors

-Alpha Plastomers
-LG Chem
-Mitsui Chemicals

Market driver

-Increase in demand for plastomers in automotive industry
-For a full, detailed list, view our report

Market challenge

-Growing competition from other polymers
-For a full, detailed list, view our report

Market trend

-High growth opportunities in South America, Central and Eastern Europe, and North Africa
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Borealis, Dow Chemical, ExxonMobil, SABIC, Sumitomo Chemical, Alpha Plastomers, LG Chem, Mitsui Chemicals

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