Asia Pacific Plastic Vacuum Forming Market Size & Outlook
The plastic vacuum forming market in Asia Pacific is expected to reach a projected revenue of US$ 3,019.0 million by 2030. A compound annual growth rate of 6.4% is expected of Asia Pacific plastic vacuum forming market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,949.9
Forecast, 2030 (US$M)
$3,019.0
CAGR, 2024 - 2030
6.4%
Report Coverage
Asia Pacific
Asia Pacific plastic vacuum forming market, 2018-2030 (US$M)
Asia Pacific plastic vacuum forming market highlights
- The Asia Pacific plastic vacuum forming market generated a revenue of USD 1,949.9 million in 2023.
- The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
- In terms of segment, polymethyl methacrylate (pmma) was the largest revenue generating type in 2023.
- Polymethyl methacrylate (PMMA) is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,949.9 million |
| Market revenue in 2030 | USD 3,019.0 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Polymethyl methacrylate (pmma) |
| Fastest growing segment | Polymethyl methacrylate (PMMA) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymethyl methacrylate (PMMA) |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.7% of the global plastic vacuum forming market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,019.0 million by 2030.
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Plastic Vacuum Forming Market Scope
Plastic vacuum forming market segmentation & scope
Bio-degradable polymers
Polyethylene (PE)
Acrylonitrile butadiene styrene (ABS)
Poly vinyl chloride (PVC)
High impact polystyrene (HIPS)
Polystyrene (PS)
Polypropylene (PP)
End Use
Healthcare & medical
Food packaging
Electrical & electronics
Automotive
Construction
Consumer goods & appliances
Countries
Canada
Mexico
U.S.
Denmark
France
Germany
Italy
Norway
Russia
Spain
Sweden
UK
Australia
China
India
Indonesia
Japan
South Korea
Vietnam
Argentina
Brazil
Kuwait
Saudi Arabia
South Africa
UAE
Plastic Vacuum Forming Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific plastic vacuum forming market
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