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May 19, 2017 (M2 PRESSWIRE via COMTEX) --

The paper, plastics, rubber, wood and textile industry comprises companies engaged in manufacturing paper, rubber, plastic, wood and textile products. These industries can be further classified as follows

The paper manufacturing industry comprises organizations mainly engaged in manufacturing pulp, paper, news print, paperboards, corrugated and solid fiber box, folding paperboard box, paper bag and coated and treated paper, stationery product and sanitary paper manufacturing.

The plastics manufacturing industry include plastic bags and pouches, plastic packaging films and sheets, unlaminated plastics film and sheet, unlaminated plastics profile shape, plastic pipes and pipe fittings, laminated plastic plates, sheets, polystyrene foam products, urethane and other foam, plastic bottles, plastic plumbing manufacturing companies. This industry processes plastic resins into intermediate or final products, using processes such as compression molding, extrusion molding, injection molding, blow molding and casting.

The global paper, plastics, rubber, wood and textile manufacturing market grew from $5.2 trillion in 2012 to $5.8 trillion in 2016 at a compound annual growth rate (CAGR) of 2.8%. It is expected to grow from $5.8 trillion in 2016 to $6.5 trillion in 2020 at a compound annual growth rate (CAGR) of 3.0%.

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The key drivers of the forecast growth:

* New Developments In Packaging

* Demand for Wood in India

Geographies covered in a descending order:

1. Asia

2. Americas

3. Europe

4. Middle East and Africa

5. Oceania

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Asia was the largest region in the paper, plastics, rubber, wood and textile manufacturing market in 2016, accounting for $2.4 trillion.

Major competitors in the market:

1. Bridgestone.

2. Michelin

3. International Paper.

4. Dow Chemical Company.

5. Goodyear.

The major deal in the paper, plastics, rubber, wood and textile manufacturing market was executed by Bridgestone which in June2014 acquired Masthead Industries, a hose sales and service company based in the USA. This acquisition enabled Bridgestone to provide rapid delivery of hoses to a wide range of customers including construction equipment users and machinery manufacturers. Masthead industries distributes and markets industrial and hydraulic hoses, fittings and hose assembly systems.

The key strategy for the players in the paper, plastics, rubber, wood and textile manufacturing industry in the forecast period is to implement robotics and sensor technology to improve productivity and reduce potential breakdowns.

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The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information.

The Business Research Company

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Asia: +91 8897263534

Americas: +1-484-625-8871


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