Plastics are the most commonly used chemical compound in human life and have become an integral part of our day to day life. It has become a part of our world due to its versatility and cost-effectiveness. The global reinforced plastics market is anticipated to reach $16 billion by the end of 2019. Though extensive research and new technologies have led to invent of newer and safer plastics, drawbacks and challenges of plastics have never been resolved and the world is beginning to witness its negative impacts today. Energy efficient ways of developing smarter plastics and research to develop certain fungi and bacteria that fasten the degradation of conventional plastics are some of the present era needs. Biodegradable plastics developed by utilizing plant and vegetable extracts are gaining popularity and traction worldwide. The rise in popularity of 3D printing is tremendously improving various aspects of plastic manufacturing and the technological trend will continue to remain a catalyst for the invention of eco-friendly alternatives. The growing demand for economic plastic manufacturing simplification has led to wide adoption of automation worldwide.
Having a clear understanding of how the plastics industry is evolving will help manufacturers and people working in the plastics industry to capitalize on trends and ensure that the end-products perform as intended. To assist CIOs in identifying the most reliable companies to partner with, a distinguished panel consisting of CEOs, CIOs, analysts, and Manufacturing Technology Insights’ editorial board has assessed and shortlisted some of the most prominent vendor organizations in the industry. We present to you – “Top 10 Plastic Technology Solution Providers – 2019”.