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As the third largest manufacturing industry in the U.S., plastics are one of the most used materials on a volume and commercial life basis, and support nearly 900,000 American jobs along the way. One of the more rapidly increasing destinations for the material is in the automotive sector, where plastic in increasingly becoming an integral part of cars and trucks in both lightweight and durability efforts.

With the help of Ken Gronbach, a marketing expert and author who studies demographic and cultural trends to predict buying habits, SPI has put together the Plastics Market Watch series focusing on this key end-market for the plastics industry. The series will look at the impact of the consumer on the business of plastics, including demographics, economics, policy developments and technological improvements for markets including automotive & transportation, healthcare, packaging, and housing & construction.

 


 

Downloadable Issues of Plastics Market Watch

Click here to request a printed copy of any of these publications mailed to you.

 

 

Automotive Recycling

It is critical that stakeholders outside the plastics industry recognize the value of the material not only in the automotive manufacturing  process, but also in terms of post-industrial and post-consumer recycled material that can be used in products, both in auto applications as well as other industries.


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Building and Construction

One might not normally think of building and construction as a major use of plastics, yet the construction industry is the second largest consumer of plastics, second only to packaging. It isn’t difficult to see why this is true. The wide functionality of plastics provides a distinct advantage over many other traditional building materials in terms of resistance to weathering, flexibility for many uses and lower costs.


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Packaging

Plastic packaging has become ubiquitous across the globe because of the virtually endless advantages it offers over other forms of packaging. The ability to meet unique packaging needs—from antistatic protective packaging for electronic components to shelf-able containers for food products that once required costly cold storage—make plastics the hands down preference for just about every form of packaging.


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Healthcare & Medical Devices

marketwatch-automotive-coverThe role of plastics in the future of healthcare will be significant. Globally, the demands for healthcare goods and services will be great, maybe even overwhelming. Healthcare is currently dependent on plastic and that dependency will only grow with time and innovation.


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Automotive & Transportation

The plastics manufacturing industry is well-positioned to meet the potential demand of the automobile industry due to technological advances driving a growing manufacturing sector. This first report anticipates an increased use of plastics in automobiles as economic and demographic forces converge in conjunction with consumers and the government demanding lighter, more competitively priced vehicles.


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