The electrical & electronic plastics market is growing demand for durable and energy-efficient products with a wide range of end uses and growing awareness about the many advantages of plastics in electrical and electronics design and manufacturing.
For instance, researchers at the University of Waterloo announced that they have developed a new and efficient way to produce composite polymers that can be used in low-cost electronic devices such as LED displays and solar energy, this caused the growth of the electrical & electronic plastics market.
The demand in the electrical & electronic plastics market continues to increase as is attracting significant interest. Innovations in manufacturing technology, including injection molding and 3D printing, which allow for the production of plastics with complex designs and functions, are gaining popularity. There are also many companies that automate various processes in the plastics sector.