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There are many changes in the plastic industry in 2017-2018, one of which is the mass production of cars in developing markets, especially Southeast Asia. To meet middle-class spending, automakers are gradually replacing some of their car's metal parts with reinforced plastic parts. This solution helps manufacturers save input material costs and helps users save costs. Replacing plastic parts makes cars lighter and requires much less maintenance than using conventional metal parts.
Economists have predicted the bioplastics industry will be worth $6.12 billion in 2023. This biodegradable, plant-based plastic is receiving special attention from society. consumers. Along with the movement against plastic waste from the community, the world's leading plastic manufacturers have launched the "Coalition Against Plastic Waste", placing the issue of environmental protection from chemical waste as important. leading center.
3D printing, a forming technology for plastic products and without the need for a fixed metal mold, is making breakthroughs in 2018. The leading countries in the European material engineering industry have been "casting" the first existing building in 3D while US scientists built the world's first 3D printed rocket model.
For technology professionals, the Industry 4.0 era will bring two trends to the plastic industry: digitization and automation.
Discover the future of talc masterbatch with emerging trends and innovations and learn how this versatile additive is evolving to meet market demands.