Global and China Thermoformed Plastics Market Insights, Forecast to 2027

Thermoforming is process of molding plastic sheet to desired shape using pliable temperature & pressure. Plastic sheets after molding is trimmed to form a usable product. Thermoformed plastics finds application in various food packing, appliances, healthcare products packaging, and in automobiles. Thermoforming plastics are preferred as the packaging material due to low cost and its aesthetic appearance of the products.
The increasing usage of thermoformed plastics in food and healthcare packaging is expected to be one of the primary drivers for this market. Thermoformed plastics in the form of clamshells will be used extensively in the food packagingindustries because of its superior resistance to bacteria, odor, and moisture. Furthermore, the injection molded plastics will be used for the manufacturing of medical disposables and medical devices because of their unique engineering and designing properties including surgical gloves, plastic scissors, urology disposables.

Market Analysis and Insights: Global and China Thermoformed Plastics Market
This report focuses on global and China Thermoformed Plastics market.
In 2020, the global Thermoformed Plastics market size was US$ 12540 million and it is expected to reach US$ 18060 million by the end of 2027, with a CAGR of 4.9% during 2021-2027. In China the Thermoformed Plastics market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Thermoformed Plastics Scope and Market Size
Thermoformed Plastics market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Thermoformed Plastics market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Thermoformed Plastics market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Polymethyl Methacrylate (PMMA)
Bio-Degradable Polymers
Polyethylene (PE)
Acrylonitrile Butadiene Styrene (ABS)
Poly Vinyl Chloride (PVC)
High Impact Polystyrene (HIPS)
Polystyrene (PS)
Polypropylene (PP)

Segment by Application
Cylinders Healthcare & Medical
Food Packaging
Electrical & Electronics
Automotive Packaging
Construction
Consumer Goods & Appliances
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Sonoco Plastics
Placon Corporation
Spencer Industries
Silgan Plastics