A new Transparency Market Research report states that the global polypropylene random copolymer market stood at US$5.9 bn in 2014 and is predicted to reach US$9.2 bn by 2023. It is expected to expand at a CAGR of 5.20% from 2015 to 2023. The title of the report is “Polypropylene Random Copolymer Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023”.

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Foam trays market is anticipated to witness a steady growth owing to its extensive usage in food packaging industry as it helps to abstain liquids from leaking in packaged beverages and food items. Moreover, there is an increase in foam trays demand as they are used in various other sectors such as test tube holders, food service, small tools packaging, and meat packaging. Increase in food safety concerns and rise in cost efficient foam trays’ demand is driving the foam trays market growth. ... Read more