Microcellular Plastics Market Trends 2020 | BASF SE (Germany), Horizon Plastics International Inc. (Canada), Gracious Living Innovations (Canada)
Microcellular plastics Market As per the report published by Fior Markets, the Microcellular Plastics market is expected to grow from USD 12,426 million in 2020 to USD 23,343.66 million by 2028, at a CAGR of 8.2% during the forecast period 2022–2030 Market Research Future (MRFR)’s latest analysis reveals that the global microcellular plastics market Trends is set to expand moderately over the forecast period 2022 to 2030. The product has developed applications across different industry verticals owing to its characteristics such as impact strength, fatigue life, durability, thermal stability, etc. The boom witnessed in the end-user industries such as electrical & electronics, building & construction, healthcare, and food packaging among others is expected to drive the growth of the market in the forthcoming years. The rising disposable income coupled with rapid urbanization is likely to intensify the demand for microcellular plastics by augmenting the automobile industry. Th