New Market Dynamics Shape The Plastic Resins Market

Plastic resins are obtained by the cracking process, in which hydrocarbons are heated. In this process, larger molecules are broken down into ethylene or propylene, and the amount of these two compounds depends upon the cracking temperature. Propylene has a good chemical resistance and high hardness. Meanwhile, ethylene can be easily ignited. Plastic resins are typically used in the production of caps, containers, and closures used in the packaging industry. Moreover, plastic resins with good impact and scratch resistance are likely to witness a high demand in the packaging industry.

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