This year, the plastics industry will continue to evolve to keep pace with changing market forces, regulatory environments and material requirements across the automotive, healthcare, packaging, rotational molding, and wire and cable markets.
Sustainability remains at the forefront of regulatory efforts and customers’ minds across the industry, contributing to growing demand for post-consumer recycled (PCR) and post-industrial recycled (PIR) resins. New recycling systems are expected to bring much needed quality consistency to PCR plastics, which will, in turn, help to reduce the environmental footprint of plastic production and create a more circular economy in our industry.
The plastics industry is positioning itself for a future that balances performance, sustainability, innovation and price. Explore market-specific insights from M. Holland’s plastics experts to help you prepare your business for the new year.
– Peter Prusak, Vice President, Business Development & Sustainability
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