BROWSE THROUGH OUR TRADE FAIRS FOR PLASTICS INDUSTRY

Plastics

Overview of the industry

The plastics industry is one of the most vital and extensive economic segments. It focuses on the manufacturing, distributing, recycling, and selling of plastic materials. These are often presented as polymers produced through various methods. It is a pivotal segment of the chemical and petrochemical industries. It results in a sector that spans over 124,000 enterprises and employs more than 2.5 million professionals.

Is the sector extensive and of high value?

It also has an extensive network and high value. For example, it has recently reached a market size of over $650 billion. It is due to many sectors using plastics. For example, the packaging, construction, electronics, aerospace, transportation, and textile industries use polymers. It also applies to consumer products, electrical, medical, games, automotive, and energy industries. It also has links to the retail, sports, HoReCa, and optics segments. Likewise, it is connected to the education, agriculture, and hobby sectors.

Is the sector innovative?

The industry is a segment that places a high focus on innovations and research. It is due to the importance of staying up-to-date on the latest challenges. The sector often presents novel solutions during annual, biannual, and triennial trade expositions. Such events take place in various countries. Such include the Federative Republic of Germany and the United Arab Emirates. They also occur in the People’s Republic of China. Such events attract hundreds of thousands of participants.