The plastic manufacturing industry is still growing and expanding despite all the challenges they have faced this past year. According to information from the American Chemistry Council, plastic was the only substance that continued its expansion in 2020, growing 0.9 percent overall.
The primary reason for this is the increase in demand for plastic manufacturing companies to produce more products. Plastics are used for several critical economic aspects – automobiles, personal protective equipment, and even to-go food containers.
Keep reading this comprehensive guide to learn more about the top trends and challenges facing the plastics manufacturing industry in 2021.
Trend 1: Reinforced Plastics
In an effort to produce lighter-weight vehicles and reduce the number of metals being used, the automotive industry is turning to reinforced plastics to get the job done right. Automobile makers will use a process called plastic injection molding to shape the parts and produce them.
In 2019, the reinforced plastics market worldwide was worth $228.4 billion, projected to reach a value of $295.6 billion by the year 2027.
Trend 2: Increased Demand
Plastic manufacturers were one of the jobs deemed “essential” as the virus was racing across the globe. The automotive industry has been a primary driver for demand growth. But, other products have also observed an increase in demand, including things like:
- Ventilator parts
- Gloves and masks
- Protective shields
While the restaurant industry was forced to closing its doors for indoor dining, they turned to curbside delivery and to-go options. With business dynamics changing, the usage of plastics increased – silverware, to-go containers, and plastic bags.
Challenge 1: Waste and Pollution
There has always been a concern over waste and pollution of the products and by-products when it comes to plastic manufacturing. Since plastic doesn’t decompose, the increase in demand and production has lead to new concerns over waste and pollution of the products.
According to research from National Geographic, around 8 million tons of plastic end up in our oceans each year. This presents a challenge for plastic manufacturing companies to develop new processes and techniques to counter this trend.
Challenge 2: Hiring Skilled Workers
Although plastic molding manufacturing is becoming increasingly more important, it has been challenging for these companies to hire skilled workers. When faced with an increasing level of demand, the typical solution is to hire workers to help increase production rates.
However, with the plastic manufacturing industry, this is where things get tricky. With technological advances, workers must possess the skills necessary to operate the machinery. A challenge many plastic manufacturing companies are running into.
Started With Plastics Manufacturing?
The plastics manufacturing industry is growing rapidly with increased demand for plastic products. Several industries such as automotive, medical, and packaging. The trend expects to continue to grow and expand as the need for plastic products is ever increasing. As manufacturers scramble to meet the demand, it’s creating an opportunity for individuals to get a career in manufacturing plastics.
Therefore, if you are ready to get started with plastic manufacturing, check out our current job openings and get started in a career that’s here to stay.