Microcellular Plastics Market Size Will Generate Record Revenue by 2030
Microcellular Plastics Market Size Microcellular Plastics Market is projected to be worth USD 20,072.3 Million by 2030, registering a CAGR of 7.9% during the forecast period (2022–2028). The rising disposable income coupled with rapid urbanization is likely to intensify the demand for microcellular plastics by augmenting the automobile industry. The exponential demand for lightweight vehicles is also likely to increase the demand for microcellular plastics in the automobile industry. Furthermore, the growing population has paved the way for accelerated economic activities in the building & construction industry. This is another major factor responsible for aiding Microcellular Plastics Market Size proliferation during the assessment period. Rapid industrialization, especially in fast-developing economies, is poised to propel the expansion of the microcellular plastics market in the foreseeable future. Additionally, the adoption of microcellular plastics is also projected to increa