Global Corrugated Plastic Board Market By Product Type (Polypropylene & Polyethylene), By Application (Graphic Arts and Signage, Packaging and Storage, Agriculture, Automotive, Building and Construction & Other Applications), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

Increasing rates of adoption of corrugated plastic board from food & beverage industry is expected to create sustainable business growth opportunities for global corrugated plastic board market.

Market.US announces publication of its most recently generated research report titled, “Global Corrugated Plastic Board Market by Product Type (Polypropylene & Polyethylene), By Application (Graphic Arts and Signage, Packaging and Storage, Agriculture, Automotive, Building and Construction & Other Applications), and by Region – Global Forecast to 2030.”, which offers a holistic view of the global corrugated plastic board market through systematic segmentation that covers every aspect of the target market.

The global corrugated plastic board market is projected to be US$ 3,252.6 Mn in 2020 to reach US$ 5,377.9 Mn by 2030 at a CAGR of 5.2%.

Corrugated plastic board is a laminate of exterior sheets of plastic film and an interior corrugated sheet of plastic film which is similar in structure to corrugated paper board or cardboard. These boards or sheets are extremely strong due to the combination of two layers held by a ribbon center in between, which makes this structure known as extruded twin-wall plastic.

Lamination, co-extrusion, coating, and covering technologies results in a highly light and stable structure. These boards are usually produced from high-impact polypropylene resin or polypropylene-polyethylene copolymers. These polymers are highly resistant to impact, chemicals, UV, fire, and all weather. Thus, polypropylene and polyethylene are versatile thermoplastics that provide their inherent properties to these boards. These boards are available in a wide range of standard, opaque and translucent colors.

Corrugated plastic boards are highly ideal as secondary packaging materials in several industries. Packaging companies are recommending and using corrugated plastic boards instead of corrugated paper boards, owing to their high resistance to water, high crushing strength, stiffness, and hardness and for cushioning, insulation, and wrapping purposes. These materials are useful for packaging pharmaceuticals, medical devices, electronics & appliances, food & beverages, cosmetics and personal care products, fragile goods, etc. which is a vital factor driving growth of the global corrugated plastic board market. These boards also possess a unique quality of being easily processed, printable, stitch-able, and can be stapled.

Owing to these properties, these boards find a number of applications as sign boards, point-of-purchase displays, retail signage, etc. Increasing adoption of such boards in retail, hospitality, entertainment, construction, stadiums and playground, corporate, banking, healthcare, education, and other verticals for advertising purposes is another key factor boosting demand for corrugated plastic boards in various regions.

Global Corrugated Plastic Board Market Revenue (US$ Mn), 2020–2030

Though currently, majority of countries are facing a lockdown situation, there has been a substantial surge in the do-it-yourself projects for household remodeling. DIY enthusiasts particularly across North America and Europe are using corrugated plastic boards as roofs, gates, panels, and structures for gardens, balconies, treehouses, etc. Despite the fact, that the market is experiencing significant obstruction presently, nonetheless, it is likely to normalize in the coming 8-10 months and providing a lucrative opportunity for corrugated plastic board companies in the coming years.

The ongoing Coronavirus crisis is expected to cause unprecedented economic damage across various regions. Developed as well as developing economies are likely to face a severe negative impact on various sectors including chemicals and materials. China being at the epicenter of this pandemic is likely to cause a domino effect on several productions, supply and trade activities, thereby causing a bottleneck of inward and outward consignments, and affecting the overall market growth adversely expected to last until end of 2020 to early 2021.

Global Corrugated Plastic Board Market Attractiveness Analysis by Product Type, 2014–2030

The research report on the global corrugated plastic board market includes profiles of some of the major companies such as DS Smith plc, Beaulieu International Group (Distriplast), ICC Industries Inc. (Primex Plastics Corporation), Jain Irrigation Systems Ltd. (Northern Ireland Plastics Ltd.), Inteplast Group Corporation (Coroplast), SIMONA AG, Karton S.p.A., Tah Hsin Industrial Corp., Corex Plastics Pty. Ltd., Plastflute Manufacturing Sdn. Bhd., Twinplast, Zibo Hongwei Plastics Co. Ltd., Zibo Hongwei Plastics Co. Ltd., Creabuild Trading LLC, Sangeeta Group, among others.

Global Corrugated Plastic Board Market Segmentation Based on Product Type, Application, and Region

Based on Product Type

• Polypropylene
• Polyethylene

Based on Application

• Graphic Arts and Signage
• Packaging and Storage
• Agriculture
• Automotive
• Building and Construction
• Other Applications

Based on Key Players:-

• DS Smith plc
• Beaulieu International Group (Distriplast)
• ICC Industries Inc. (Primex Plastics Corporation)
• Jain Irrigation Systems Ltd. (Northern Ireland Plastics Ltd.)
• Inteplast Group Corporation (Coroplast)
• SIMONA AG
• Karton S.p.A.
• Tah Hsin Industrial Corp.
• Corex Plastics Pty. Ltd.
• Plastflute Manufacturing Sdn. Bhd.
• Twinplast
• Zibo Hongwei Plastics Co. Ltd.
• Zibo Hongwei Plastics Co. Ltd.
• Creabuild Trading LLC
• Sangeeta Group
• others

Based on Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East &Africa

For the Corrugated Plastic Board Market research study, the following years have been considered to estimate the market size: