What is Porous Plastic Products Market?
Porous plastic is a versatile material which is used in number of end use industries. Plastic particles are fuse together to create a breathable microporous structure. Porous plastic is durable, design flexible component which can control flow of gas, liquids and sound. Owing to this ability, this products witnessing huge demand from automotive, healthcare and cosmetics industry. Growing consumer goods industrial expenditure impacting on the market in a positive manner. Geographically, the North America region is expected to grow with the highest market share over the forecast period followed By Asia Pacific and Europe. Presence of leading market players creating industrial hub for porous plastic products across the North America.
The market study is being classified by Type (Sheets, Bar, Rods, Tube and Others), by Application (Consumer Goods, Healthcare & Medical, Cosmetics & Personal Care, Automobile, Manufacturing and Others) and major geographies with country level break-up.
Porex Corporation (United States), GenPore Corporation (United States), Porvair Filtration Group (United Kingdom), Polystar Technologies, LLC (United States), Interstate Specialty Products. (United States), Pore Technology, Inc. (United States), MME group inc. (United States), Zeus Industrial Products, Inc. (United States), J. G. Finneran (United States), Porvair plc. (United Kingdom), M.A.Industries (India), Marian, Inc. (United States) and Beltran Technologies, Inc. (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are China Rainbow Porous Filters & Parts (China) and Blinex Filter - Coat Pvt Ltd. (India).
The market of Porous Plastic Products is expected to grow with rising healthcare, automobile and consumer goods industry across the globe. Increasing demand for porous plastic products for water filter activities driving the demand for the market. Several companies are operating in the market to provide porous plastic products with various features. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio.
Analyst at AMA have segmented the market study of Global Porous Plastic Products market by Type, Application and Region.
On the basis of geography, the market of Porous Plastic Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing demand for Pours Plastic Products among Automotive, Healthcare and Cosmetics Industry
- Significant rise in Product Designing for Medical Devices
- Demand for Porous Plastic Products for In Vitro Diagnostics
- High Cost of Raw Material
- Augmenting Water Filtration related Activities & Increasing Demand for Water Filters
- Progressive Improvements in Medical Foam for Wound Care
- Huge Competition owing to Presence of Number of Players
- Fluctuation in Material Availability
In July 2021, Porvair plc. has invested for enhancing their pours plastic production capacity. Company invested huge amount for installing new automated precision die-cutting equipment’s. This equipment enable fivefold capacity for porous plastic component. This major investment is mainly to a significant rise in demand from customers for precision components. Company’s production facility is able to produce porous plastic components with edge finish, cleanliness and repeatable excellent quality.
Key Target AudiencePorous Plastic Products Manufacturers, Porous Plastic Products Providers, Raw material suppliers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industries