Auto Parts, Household Goods Steer U.S. Plastics & Rubber Sector to Heavy Investments

SUGAR LAND--September 9, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Following the easing of pandemic-driven lockdowns across the U.S., drivers began to hit the road again, particularly those at the helm of commercial trucks as businesses reopened and factories restarted. But that trend was fueled by another that only has accelerated since the lockdowns abated: product packaging, especially for household goods and medical supplies. Both trends necessitate plastic and rubber product development, which is still struggling to recover from supply chain disruptions. Industrial Info is tracking $2.8 billion worth of plastic and rubber product projects nearing or under construction across the U.S., the bulk of which cater to the automotive and packaging/container markets.

Within this article: Details on some of the highest-valued plastic and rubber product investments nearing or under construction across the U.S., including those from major companies such as DaikyoNishikawa Corporation, Vuteq Corporatio, BFGoodrich, Michelin, Polyplex Corporation Limited, Pregis Corporation, Rhino Health Incorporated and Jungwoo Company Limited.