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Plastic Industry Overview In 2023, the global plastic market size was valued at an estimated USD 624.8 billion, with a projected compound annual growth rate (CAGR) of 4.2% from 2024 to 2030. This anticipated growth is largely driven by the increasing substitution of traditional materials like glass, metals, wood, and natural rubber with plastics, offering a lighter, versatile, and often more...

The global transmission components market is poised for substantial growth, with projections indicating a remarkable valuation of USD 80,279.2 million by 2032, fueled by a steady Compound Annual Growth Rate (CAGR) of 5.3% from 2022 to 2032. This notable expansion is underpinned by pivotal factors, prominently the rapid pace of global industrialization. As industries...
