The Asia-Pacific thermoplastics market will see considerable growth during the forecast period. The pharmaceutical industry is continuously rising in Asia-Pacific, with the rise in the expansion of production hubs in the developed and emerging economies of the nation. China, India, Japan, and Singapore are among the few economies of Asia-Pacific that are expected to foresee growth in pharmaceutical packaging during the forecast period. Singapore is one of the promising markets for advanced production plants, where breakthrough pharmaceutical products are produced and launched.
Browse the full report description of "Asia-Pacific Thermoplastics Market Size, Share & Trends Analysis Report by Type (Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), Polyvinylchloride (PVC), Polyethylene Terephthalate (PET), and Others) and by Application (Packaging, Building & Construction, Automotive, Electrical & Electronics, Household, Leisure & Sports, Agriculture, and Others), Forecast 2020-2026" at https://www.omrglobal.com/industry-reports/asia-pacific-thermoplastics-market
The major established pharmaceutical players, such as AbbVie, Pfizer, Novartis, Amgen, and Sanofi have global production hubs in Singapore for several products such as drug products, active pharmaceutical ingredients (API), and biologics drug substances. Singapore as a biomedical sciences hub is an ideal location for pharmaceutical players for the development and production of new pharmaceutical products that better meet healthcare needs.
GlaxoSmithKline plc, Merck & Co., Inc., and Hoffman-La-Roche AG have a range of commercial activities, including regulatory affairs and medical affairs and supply chain management, in Singapore. With the manufacturing of these products, the plastics industry gets traction for the packaging and supply of these products across the globe, offering growth to the market.
Market Coverage
|
Report Elements |
Details |
|
Study Period |
2019-2026 |
|
Base year |
2019 |
|
Forecast period |
2020-2026 |
|
Segments Covered |
By Type and By Application |
|
Countries Covered |
China, Japan, India, and Rest of Asia-Pacific |
|
Key Companies Profiled |
Mitsubishi Chemical
Corp., Reliance Industries Ltd., Sumitomo Chemical Co., Ltd.,JSR Corp.,
Kuraray Co. Ltd., and Toray Group |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID-19
o Most affected region/segment
o Recommendations
Asia-Pacific Thermoplastics Market – Segmentation
By Type
By Application
Asia-Pacific Thermoplastics Market – Segmentation by Geography