Global Plastics Industry Report 2020 - Innovative Digital Business Models are Facilitating an Enhanced Customer Experience, thereby Creating New Growth Opportunities for Industry Participants
DUBLIN, May 5, 2021 /PRNewswire/ -- The "Customer Value Chain Compression to Drive Digital Transformation in the Global Plastics Industry, 2020" report has been added to ResearchAndMarkets.com's offering.
This study tracks digital developments in the global plastics industry and seeks to identify future opportunities for further use of digital technology.
These domains are summarised as follows:
This study explores technologies that enable the digital transformation; current activity among plastics processors, compounders, and raw material suppliers in the digital domains; and future scenarios in an increasingly digitalised world. It combines insights from published sources and conversations that were primarily conducted with leading plastics companies, distributors, and service providers.
Research indicates tha digitalisation provides several growth opportunities for companies in this industry. The use of innovative digital technologies in business models will enable easier management of key operations that involve deep and wide databases, customer interactivity, and diverse applications and verticals. The author expects such innovative business models to take centre stage over the next 5-7 years.
Polymer manufacturers are pushing for digital innovation in the industry with a focus on the development of a digital ecosystem to boost overall efficiency and reduce CAPEX and OPEX and envision new revenue streams through digital tech. Packaging, automotive, and construction represent the top 3 end-use sectors for plastic products, and they represent more than 65% of the global plastic demand. The digitalisation of these sectors will create new opportunities for polymer manufacturers.
Key Topics Covered:
1. Strategic Imperatives
2. Growth Opportunity Analysis - Digital Transformation in the Global Plastics Industry
3. Introduction - Digital Transformation in the Global Plastics Industry
4. Digital Transformation in the Global Plastics Industry
5. Conclusions - Digital Transformation in the Global Plastics Industry
6. Growth Opportunity Universe - Digital Transformation in the Plastics Industry
For more information about this report visit https://www.researchandmarkets.com/r/a7vu6l
Research and Markets
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SOURCE Research and Markets