"New York, April 06, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Plastics And Rubber Products Global Market Report 2022" - https://www.reportlinker.com/p06251035/?utm_source=GNW
, The Hankook Tire group, Pirelli & C SpA and Avery dennison.
The global plastics and rubber products market is expected to grow from $1,229.98 billion in 2021 to $1,357.49 billion in 2022 at a compound annual growth rate (CAGR) of 10.4%. The market is expected to grow to $1,923.6 billion in 2026 at a compound annual growth rate (CAGR) of 9.1%.
The plastics and rubber products market consists of sales of plastics and rubber products by entities (organizations, sole traders and partnerships) that produce goods by processing plastic and rubber raw materials.Plastics and rubber products are included in the same market as they have similar technical properties, though they are categorized based on the sole use of either rubber or plastic as raw material in the production of the product.
Businesses in the industry produce plastic bags and bottles, plastic film and sheets, plastic and rubber pipes, plastic foams, rubber hoses and tires."
By source: https://www.globenewswire.com/en/news-release/2022/04/06/2417259/0/en/Plastics-And-Rubber-Products-Global-Market-Report-2022.html