Economic Forces in the Plastics Industry: Trends, Forecasts, and Market Dynamics
The global plastics industry's $522.6 billion market value is being reshaped by powerful economic forces. You'll find the Asia-Pacific region leading production, while Southeast Asia grows at 5.7% annually. Bio-based plastics are expanding at 15% yearly, driven by sustainability mandates and $25B in recycling infrastructure investments. The industry faces critical challenges, including a 23%...
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