In 1967, the film The Graduate offered audiences across America a word of advice: plastics. But in the past 50 years, has this material demonstrated its worth? According to recent industry reports, the plastic products market has continued to grow, with estimates predicting a total global market value of $654.38 billion by 2020. If you’re wondering why this resource should get your support, here are a few of the biggest reasons behind the product’s exceptional growth.

What’s Driving Growth in Plastic Products?

Versatility

From PVC to polycarbonate, plastic comes in many different types and is used in a variety of applications, including the production of flooring, computer parts, furniture, and household appliances. It’s also the primary material for 3D printed products. Plastic even offers lightweight aerodynamic properties used to build the airplanes and automobiles of the future.

Since plastic can be melted and molded into various objects, it’s a favorite among manufacturers. But this flexible fabrication is also highly beneficial to consumers as well. Compared to other materials like glass and metal, plastic is relatively easy to collect and inexpensive to produce, making their products more affordable.

Environmental Concern

To address environmental pollution concerns, producers are increasing advocacy for a special type of material known as bioplastics. According to the Plastics Industry Association, these materials come from natural substances, such as corn or sugarcane. Simultaneously highly durable and biodegradable, these advanced plastics pose little threat to the environment. Plastic production also requires less energy than manufacturing glass or wood.

Health & Safety

On a large scale, plastic is a safe building material. The material’s overall stability and climate-adaptability have made it a leading resource for the construction of skyscrapers, bridges, and other public structures. On a smaller scale, this resource can be used as packaging to help protect food and other consumable goods from spoiling and contamination.

Are you ready to utilize the potential of plastic products in your business? Look no further than Min Plastics & Supply in Honolulu, HI. This plastic supplier has provided first-rate custom fabrication to businesses and contractors throughout the Pacific for more than 60 years. Their team will guide you through the manufacturing process to create plastic products that will benefit your bottom line. To learn more about their capabilities, visit the website or call a friendly representative at (808) 847-1511.