Boston, July 31, 2025 (GLOBE NEWSWIRE) — BCC Research announces the release of its “2024 Plastics Research Review,” which explores the evolving landscape of the global plastics industry. With increasing emphasis on sustainability, regulatory change, and innovation in bioplastics and recycling technologies, this review captures the transformative shifts underway across the plastics value chain.
Highlights:
- Medical Plastics: Global Markets:
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- The market is projected to increase from $25.6 billion in 2023 to $41.2 billion by the end of 2028.
- Compound Annual Growth Rate (CAGR): 10.0%.
- Plastics Compounding: Global Markets:
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- The market is projected to grow from $57.8 billion in 2023 to $80.3 billion by 2029.
- CAGR: 5.8%.
- Plastics Recycling: Global Markets:
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- The market is expected to increase from $41.9 billion in 2023 to $57.9 billion by 2029.
- CAGR: 6.4%.
Research Coverage and Insights:
This Research Review outlines the critical role of plastics in the global manufacturing sector, highlighting their economic significance, broad applications, and evolving contribution to environmental sustainability. It examines the structural landscape of the plastics industry and tracks the regulatory, technological, and market forces …