September 20196 The plastic industry is one of the most evolving businesses in recent times. The application of plastics can be found in almost every sector such as medical, aerospace, automotive, packaging, household appliances, construction and many more. Several trends have emerged last year and they continue to be refined and amplified. Given how technology and innovative minds are shaping the industry there are several others that surface on the horizon for the upcoming future. The global reinforced plastics market is anticipated to reach $16 billion by the end of 2019. These plastics have been widely used in the automobile industry because they offer a great alternative to metal components. In addition, they are now gaining popularity in the construction, medical, military, and marine sectors owing to their versatility, lightweight and durability.The Biodegradable plastics industry is expected to be worth $6.12 billion by 2023. Biodegradable plastics are made from plant-based raw materials that allow for a natural decomposition process. These plastics are gaining popularity and traction since they're all based on natural plant and vegetable extracts. They aid in green practices through benefits such as safer disposal, energy-efficient manufacturing and decreased toxic emissions.Along with developing bioplastics, solutions for making thermoplastics biodegradable are coming to production as well. Prodegradant concentrates in the form of metal compounds, such as cobalt stearate, are now being added to plastic to promote faster disintegration and oxidation of plastics. 3D printing is tremendously improving various aspects of plastic manufacturing and will continue to remain a catalyst for reimagining options for plastic parts. With desktop 3D printers already on the rise, multiple plastics manufacturing companies are investing in the research and development of advanced plastics for 3D printing. This overall result is more durability, higher-quality and consistent plastic materials that enable the widespread adoption of the technology. This edition brings you some of the most prominent organizations that specialize in Plastic Technology and have excelled with their service and will be major drivers of the aforementioned trends to mainstream.Let us know your thoughts!Annie JohnsonEditorialA Step towards Biodegradable Production Annie JohnsonManaging Editoreditor@apacciooutlook.com To subscribe to APACCIOOutlookVisit www.apacciooutlook.comArt & GraphicsAmelia StewartFlynn SmythToby LangtonJie Ch'angManaging EditorAnnie JohnsonSenior WritersLane Adams Clara MathewRoyce D'SouzaEditorialAlfred MardinLouis BeckerRachael ClarkRoy ChowDai ShihDan StanleyCopyright © 2019 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.SEPTEMBER - 9 - 2019, Volume 05 - Issue - 51 (ISSN 2644-2876)Published by ValleyMedia Inc.*"Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff"Emailsales@apacciooutlook.comeditor@apacciooutlook.commarketing@apacciooutlook.comSalesJames Williamjames@apaciooutlook.com
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