According to the recent study the plastics in the global connector market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 6% to 8% from 2023 to 2028. Growth in this market is primarily driven by increasing penetration of plastics in various applications, such as consumer electronics, automotive, and other industries combined with growing demand for miniaturization of electronic devices.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in plastics in the global connector market by polymer type (PA {PA6, PA66, and others}, PBT, and others), end use industry (transportation, consumer electronics, computer and peripherals, industrial, telecom/datacom, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Transportation market is expected to remain the largest segment during the forecast period.”
Based on end use industry, the plastics in the global connector market is segmented into transportation, consumer electronics, computer and peripherals, industrial, telecom/datacom, and others. Lucintel forecasts that the transportation market is expected to remain the largest segment due to increasing penetration of electric components in vehicles and rise in the demand of autonomous vehicles globally.
“Asia pacific will dominate the plastics in the global connector market in near future”
Asia Pacific is expected to remain the largest region over the forecast period due to increasing demand for automation technology along with rising demand for plastic connectors in the automotive and electrical and electronics industries.
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Major players of plastics in the global connector market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. BASF. Dupont, SABIC, DSM, and Arkema are among the major plastics in the global connector providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/plastics-in-the-global-connector-market.aspx or [email protected]