Plastic Caps Market Size, Share, Emerging Trends, Analysis and Forecasts 2021
Plastic Caps Market - Global Plastic Caps Industry Growth, Analysis, Size, Share, Forecast, Outlook, Segmentation, Production Capacity, Competitive Strategies, Regional Outlook
Plastic Caps Market - Global Plastic Caps Industry Growth, Analysis, Size, Share, Forecast, Outlook, Segmentation, Production Capacity, Competitive Strategies, Regional Outlook
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<strong>Plastic</strong> <strong>Caps</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Emerging</strong> <strong>Trends</strong>,<br />
<strong>Analysis</strong> <strong>and</strong> <strong>Forecasts</strong> <strong>2021</strong><br />
<strong>Plastic</strong> <strong>Caps</strong> <strong>Market</strong> report includes in-depth analysis of industry by<br />
recent technologies, trends, opportunities, challenges, key players <strong>and</strong><br />
business strategies considering types, segment <strong>and</strong> future analysis.<br />
Global <strong>Plastic</strong> <strong>Caps</strong> <strong>Market</strong> is segmented into food, personal & home care products, beverage,<br />
pharmaceutical, industrial chemicals <strong>and</strong> automotive, based on end-user type. <strong>Plastic</strong> caps are<br />
manufactured from thermosetting material as well as thermoplastic material. It is widely used in<br />
covering the bottles when liquids are packed. The structure of plastic cap is usually round <strong>and</strong> upper<br />
part of the cap is made from stainless steel which can prevent sharp objects from drilling a hole. The<br />
lower part of the cap is made of plastic <strong>and</strong> can be installed directly on the railing of the bottle.<br />
Commercially, plastic bottle caps are made from polyethylene terephthalate (PET) <strong>and</strong> caps from<br />
polypropylene (PP). PET is now a better choice for beverage bottle since it is light in weight <strong>and</strong> breakfree.<br />
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PET is used broadly tested for safety <strong>and</strong> possesses properties such as pure safe, good barrier, zero<br />
leakage, design flexibility <strong>and</strong> recyclable. Thus, the market for plastic caps is likely to grow at a<br />
higher CAGR in the assessment period owing to driving factors.<br />
<strong>Plastic</strong> caps market is driven by factors such as growing popularity of plastic closures in container<br />
types such as gable top, aseptic cartons <strong>and</strong> st<strong>and</strong>-up pouches on container types. Additionally,<br />
growing technological advancements in the processes such as hot-fill processing is anticipated to fuel<br />
market growth for the forecast period. However, stringent norms for caps <strong>and</strong> closures are likely to<br />
impede the market growth during the forecast period. Also, rise in usage of packaging with closures<br />
such as blister packaging is likely to hamper the market growth for the forecast period.<br />
<strong>Plastic</strong> caps market is segmented into screw caps <strong>and</strong> dispensing caps, based on product type. <strong>Plastic</strong><br />
caps market is segmented into polypropylene, polyethylene, polystyrene <strong>and</strong> resins, based on raw<br />
material.<br />
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<strong>Plastic</strong> caps market geographically spans North America, Latin America, Europe, Asia-Pacific, Middle-<br />
East & Africa. APAC regions such as India <strong>and</strong> China are anticipated to grow at a higher CAGR during<br />
the forecast period owing to rising dem<strong>and</strong> for polymer. Indian market witnessed a massive growth<br />
in the recent years <strong>and</strong> is expected to continue dominating market for the forecast period. North<br />
American market is anticipated to rise at a higher CAGR during the forecast period owing to rise in<br />
commercial importance of plastics. European market is somewhat likely to grow at a moderate CAGR<br />
owing to stringent regulations pertaining to environment. Middle-East <strong>and</strong> African markets are<br />
anticipated to grow at a steady CAGR owing to rising importance of plastic <strong>and</strong> polymer.<br />
The key players in the plastic caps market include Amcor, BERICAP holdings, Global Closure Systems,<br />
Crown Holdings, Closure Systems International, Blackhawk Molding Company Incorporated, Reynolds<br />
Group Holdings, Siligan Holdings, Oriental Containers, Guala Closures Group, Premier Vinyl Solution,<br />
Berry <strong>Plastic</strong>s, Pelliconi, etc.
This report studies <strong>Plastic</strong> <strong>Caps</strong> in Global market, especially in North America, Europe, China,<br />
Japan, Southeast Asia <strong>and</strong> India, focuses on top manufacturers in global market, with Production,<br />
price, revenue <strong>and</strong> market share for each manufacturer, covering<br />
• Closure Systems International<br />
• Bericap<br />
• Berry <strong>Plastic</strong>s Corporation<br />
• ALPLA<br />
• Taiwan Hon Chuan Enterprise Co., Ltd.<br />
• Silgan <strong>Plastic</strong>s<br />
• Crown<br />
• Global Closure Systems<br />
• AptarGroup<br />
• Oriental Containers<br />
• Mold-Rite <strong>Plastic</strong>s<br />
• Blackhawk Molding<br />
• Mocap<br />
• Zijing Enterprise<br />
• Jinfu<br />
• Zhuhai Zhongfu Enterprise<br />
<strong>Market</strong> Segment by Regions, this report splits Global into several key Region, with production,<br />
consumption, revenue, market share <strong>and</strong> growth rate of <strong>Plastic</strong> <strong>Caps</strong> in these regions, from 2011<br />
to <strong>2021</strong> (forecast), like<br />
• North America<br />
• China<br />
• Europe<br />
• Japan<br />
• India<br />
• Southeast Asia
Split by product type, with production, revenue, price, market share <strong>and</strong> growth rate of each type,<br />
can be divided into<br />
• Type I<br />
• Type II<br />
• Type III<br />
Split by application, this report focuses on consumption, market share <strong>and</strong> growth rate of <strong>Plastic</strong><br />
<strong>Caps</strong> in each application, can be divided into<br />
• Application 1<br />
• Application 2<br />
• Application 3<br />
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